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
See More: Top Indian Apps That Give Bitcoin, NFT Rewards
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
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.