Dogecoin (DOGE) has climbed 4.35% to $0.1976 after SPAR, a major Swiss retail chain, announced it will accept DOGE as a payment method in select stores. This move allows customers to use Dogecoin for purchasing groceries and other items, leveraging a secure crypto payment system. SPAR highlighted the benefits of low transaction fees and fast processing times as key factors for this integration.
The announcement has sparked interest among traders, with technical analysts suggesting a potential rally towards $0.50. Dogecoin's 24-hour trading volume reached $2.4 billion, while its market capitalization stands at $30.33 billion, reflecting growing market confidence in the cryptocurrency.
Dogecoin Surges as SPAR Switzerland Embraces DOGE Payments
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