Theater chain AMC Leisure Holdings, Inc. (NYSE:AMC) has been a retail favourite amongst shares and within the crypto universe, Dogecoin (CRYPTO: DOGE) instructions a frenzied following.
What Occurred: A Twitter consumer mentioned it is smart for AMC to simply accept Dogecoin as a fee mode and requested others whether or not they agree.
— Steven Steele (@MrStevenSteele) July 28, 2021
The tweet garnered 3,500 likes and 272 feedback at press time. Extra importantly, it caught the eye of none apart from Tesla, Inc.’s (NASDAQ:TSLA) CEO Elon Musk, and he promptly appreciated the tweet. Musk has been an ardent backer of the meme crypto, and he has minced no phrases in expressing his desire for Doge over Bitcoin (CRYPTO: BTC). He has shunned the latter, citing environmental considerations.
AMC, Doge Present Muted Response: Each AMC shares and the Doge haven’t reacted a lot to the tweet or Musk’s response.
Dogecoin, which hit an all-time excessive of 73.76 cents in early Could, has pulled again notably from the extent. The meme coin has stabilized at round 20 cents this week.
Ultimately examine, Doge was down 2.14% at 20.12 cents and AMC was shedding 1.88% to $38.17.
Associated Hyperlink: HOW TO BUY DOGECOIN
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