Home Depot Says No To Dogecoin And Crypto Entrepreneur Is Mad

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.

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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