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Coinbase QR Code Super Bowl Ad Causes Crypto Site To Crash $13M Was Surely Worth It
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Coinbase QR Code Super Bowl Ad Causes Crypto Site To Crash $13M Was Surely Worth It

These crypto exchanges also continue to attract significant investor attention. FTX recently attained a $32 billion valuation on the back of a $400 million Series C funding round. I create content and do SEO for law firms, small businesses and companies worldwide. Not all Super Bowl commercials air nationwide – some appear locally. For example, some personal injury attorneys and auto dealerships air commercials in their area. I personally have no way of knowing if there will or will not be a commercial which mentions Dogecoin or not.

Dogecoin Super Bowl Commercial

When compared to other coins and tokens, no other cryptocurrency has more in circulation than Dogecoin. To answer the question, Yes, BTT may reach $1 in the years to come but not now. In order to do that BTT must be able to increase its market capitalization and continue to burn its tokens. The top account, with the address 'DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L', currently holds 36,711,943,025 DOGE - or 28.28% of all Dogecoin. This has a value of over $13.65 billion at the time of writing. Musk revealed that he has personally invested in the Shiba-Inu face-themed digital currency that started as a joke but got popular on the Internet after receiving support from celebrities.

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NFL legend and Super Bowl champion Tom Brady has been featured in Super Bowl commercials and owns a stake in FTX along with his wife Gisele Bundchen. The game is expected to be watched by over 100 million people in the U.S. and millions more worldwide. Since its 2021 highs of nearly 60 cents, DOGE has fallen off slightly the past few months. Currently, Dogecoin is trending at around 16 cents per coin, but with today’s jump, and its trading volume, which is up a staggering 282% in the past 24 hours, you can never count the pupcoin out.

  • He hinted at the possibility of a Dogecoin ad during this year’s Super Bowl.
  • Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption.
  • Is not planning to air a Super Bowl commercial, but will get heavy promotion during the big game.
  • The offering is time-limited, with new users having until February 15 to take advantage of the $15 promo.
  • Janko Roettgers (@jank0) is a senior reporter at Protocol, reporting on the shifting power dynamics between tech, media, and entertainment, including the impact of new technologies.

Almost everyone is familiar with the OG ("original gangster") of cryptocurrency,Bitcoin , which launched in 2009 and is powered by the Bitcoin blockchain. Bitcoin is an example of a cryptocurrency designed to be used like money, and Bitcoin currently has a market cap of about $832 billion. Furthermore, when Musk tweets about Dogecoin, investors go giddy and flock to the Robinhood app and spend money on the cryptocurrency. Like all online betting crypto coins, Dogecoin gives gamblers the biggest possible Super Bowl bonuses at all the top legal sportsbook sites. If you want free Super Bowl bets that are all bark and bite, Dogecoin deposits are a very good dog. You can buy Dogecoin coins at any legitimate crypto exchange, which means you have literally dozens – if not hundreds – of options.

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As we’ve noted, competing in streaming is still really, really expensive. The company plans to spend $33 billion overall on content this year, up $8 billion from last year. There are a couple ways to sell crypto to a general audience that watches the Super Bowl, beyond normalizing a difficult-to-understand industry. There are many reasons for Hollywood celebrities and movie studios to be genuinely interested in the growing crypto economy, with its NFTs and its metaverses, etc. Selling nonfungible tokens to crowd-fund film projects that would otherwise struggle to get made? Hosting fully virtual music festivals for digital token holders?

Cryptocurrencies also aren't regulated in the same say stocks and bonds are, making their future super uncertain. Join Public and gain the tools and confidence to start trading cryptocurrencies, stocks and other top markets. Crypto prices have a tendency to rise when more people are talking about them and get intrigued enough to invest. Meme coins like Dogecoin and Shiba Inu have seen their prices soar based almost solely on internet hype. Mallika Mitra is a reporter at Money covering money trends, investing and cryptocurrency.

“I’ve been following the #NFT space, some books/articles even attribute my initial article of #ColoreCoins as invention of NFTs, it’s a fascinating industry,” Assia tweeted. Only time will tell, but we will have to stay tuned to see if the latest meme stock can be taken to the moon. The excitement has also led to some fan-made Dogecoin Super Bowl commercials. While that is still a longshot, the stock has soared to seven cents on Super Bowl Sunday with hopes of setting a new all-time high of ten cents. We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a different analyst team.

Abrdn takes another step into digital assets with Hedera partnership

We felt our need to jump in because we didn’t see it happening anywhere else. During that period of time, we were still in transition to a new administration, so we knew that the federal government was still building up its digital talent. The private sector was also focused on higher-end clients and how they were going to live in a new online world. Everything was changing during a pandemic, and the only way we were going to reach was through their phones, and trying to be as simplified and trustworthy as possible. Hirsh Chitkara (@HirshChitkara) is a reporter at Protocol focused on the intersection of politics, technology and society. Before joining Protocol, he helped write a daily newsletter at Insider that covered all things Big Tech.

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