According to DogeDesigner, a UX/UI professional and graphic designer at the Dogecoin Foundation, millions of WordPress websites may now take Dogecoin with the WooCommerce plugin “Easy Dogecoin Gateway” developed by the Dogecoin developer “inevitable360.”
The plugin enables WordPress websites to accept Dogecoin payments simply by utilising Dogecoin addresses, with no third-party payment processors, banks, or additional fees required. The plugin also makes use of the Google API to generate QR codes and the CoinGecko API to convert fiat to the current price of Dogecoin.
This might be seen as a positive for Dogecoin adoption, given WordPress is used by over 455 million websites as of 2021, and the number is only increasing.
Several discussions about Dogecoin use cases have arisen in recent months. The Dogecoin Foundation’s main goal, according to the organisation, is to make Dogecoin the worldwide currency for the payment of goods and services.
DOGE was previously used to buy a majority share in the BIG3 league basketball team Aliens. Bill Lee, the founder of the Dogecoin wallet MyDoge, purchased non-fungible tokens (NFTs) for the Aliens exclusively in DOGE, providing a controlling stake in the BIG3 team in return. MyDoge/Dogecoin branding will feature on Aliens team jerseys as well as Big3 events and broadcasts as part of the agreement.
Elon Musk, the CEO of Tesla, has stated that if more firms accepted Dogecoin, it would acquire greater use. The billionaire also praised tipping as a use case, saying it would be “nice” to reward creators with Dogecoin. Despite potential Web3 applications, Musk believes that a bridge between Ethereum and Bitcoin is unnecessary.
On the other hand, Dogecoin creator Shibetoshi Nakamoto, feels that the easiest and greatest use case for Dogecoin is tipping.
Dogecoin is now trading at $0.127, slightly up in the previous 24 hours. On May 5, Dogecoin dropped along with the rest of the market in a widespread selloff. According to CoinMarketCap statistics, Dogecoin is currently the 12th biggest cryptocurrency in terms of market capitalization.
