David Gokhshtein, who runs cryptocurrency media firm Gokhshtein Media, on Sunday revealed his experience of attempting to purchase home improvement items with Dogecoin DOGE/USD at a Home Depot HD, one of the largest home improvement retailers in the United States.
What Happened: Gokhshtein's attempt to use the meme-inspired cryptocurrency as a form of payment was met with failure.
I went to @HomeDepot and they said they don't accept $DOGE.
— David Gokhshtein (@davidgokhshtein) April 8, 2023
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Meanwhile, Ralph Lauren, a premium clothing brand on Friday announced that it has started accepting payments in Bitcoin BTC/USD, Ethereum ETH/USD, and even Dogecoin at its new store in Miami.
Price Action: At the time of writing, DOGE was trading at $0.08295, up 1.28% in the last 24 hours, according to Benzinga Pro.
Read More: Bitcoin, Ethereum, Dogecoin Trade Mixed As Shanghai Upgrade Nears: Analyst Says Apex Crypto Could Breakout If This Happens
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