The first Major League Baseball team to complete a transaction using meme cryptocurrency Dogecoin DOGE/USD occurred Monday.
What Happened: The Oakland Athletics President Dave Kaval said that the first two tickets had been purchased using Dogecoin for Monday’s game.
The Athletics are offering a Dogecoin-themed special where fans can buy two plaza infield tickets for a game May 3 through May 6 for 100 Dogecoin.
After filling out a form, fans will be contacted by a ticket rep to complete the transaction through BitPay and deliver the tickets through the MLB Ballpark App.
Related Link: How To Buy Dogecoin
Why It’s Important: The sale by the Athletics follows the success the Dallas Mavericks have had in selling merchandise and tickets using Dogecoin. Owner Mark Cuban reported the Mavericks had merchandise sales of $122,000 from Dogecoin as of April 16, including a 550% increase from the month of March to April.
The Athletics offered a Bitcoin promotion at the start of the season offering fans the chance to buy a full season suite package for one Bitcoin ($56,155 at the time) versus paying $64,800 in USD.
Price Action: Dogecoin trades at $0.4330 at the time of writing, nearing its all-time high of $0.4377 set earlier this month.
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