DOGE, the controversial meme coin is turning heads and minting millionaires all over the world. Today we’ll get you versed on the DOGE phenomenon and explain how you can buy DOGE with a credit card.
What is DOGE coin?
DOGE is a crypto currency traded globally now ranking #4 in market cap. The coin’s initial inception was brought about as a joke, but after surpassing the $80 billion market cap, this is no longer a laughing matter. Endorsed by celebrities like Elon Musk, this puppy has ignited full take off. Sometimes you look at a chart that is in the shape of a hockey stick and think WOW; Then you look at DOGE which has formed a hard right angle to the promised land. Lots and lots of WOW. It’s suggested that $30 billion would cure world hunger for a year, and yet here we are with a digital asset exceeding the GDP of several countries. What a time to be alive.
Why is everyone going crazy about this coin?
Some investors in crypto hate the DOGE. They believe it paints a very satiric light on all of crypto. Others think that it is great for the markets because it introduces a broader audience to alt coins. The Reddit community refers to themselves as Shebas with the proclamation that 1 DOGE = 1 DOGE as though it is the ultimate future currency of the universe. It has been cool to see some people within the community putting their capital gains towards charitable causes. One thing is for sure; The meme game of DOGE media is second to none. The phenomenon is happening at the apex of retail investing and social media. Lots of WOW going on.
How can I buy DOGE? Can I buy DOGE with a credit card?
What’s going on with the price action now? Will DOGE hit $1?
It has done nothing but go up and to the right for the past month. The community is very focused on the $1 milestone. Nobody thought it was possible, and yet here we are staring at that price target. For this to happen, we’ll need to see about $50 billion more in cash inflows. One thing is for sure, the Sheba’s feel like it is inevitable. Then what?
Established in 2014, Abra is on a mission to create a simple and honest platform that enables millions of cryptocurrency holders to maximize the potential of their assets. Abra enables both individuals and businesses to safely and securely buy, trade, and borrow against cryptocurrencies – all in one place. Abra’s vision is an open, global financial system that is easily accessible to everyone.
Based in the United States, Abra is available in over 150 countries and makes it easy to convert between crypto and a wide variety of local fiat currencies. With over 2MM customers, $7B in transactions processed, and $1.5B in assets under management, Abra continues to grow rapidly. Abra is widely loved and trusted – in April 2022, pymnts.com reviewed and rated Abra amongst the top 5 most popular crypto wallets in the market. Abra is backed by top-tier investors such as American Express Ventures and First Round Capital.
How Abra Protects Your Funds
Abra places clients’ financial objectives and security first. Abra practices a culture of risk management across all levels and functions within the organization.
Abra employs a state-of-the-art enterprise risk management framework that comprises a comprehensive set of policies, procedures, and practices detailing all applicable risk-related objectives and constraints for the entirety of the business. Abra has instituted a complete set of requisite systems and controls that continuously enforce these policies, procedures, and practices to manage all operations, including credit and lending. Abra’s independent Risk Committee comprises experienced compliance, risk, securities, and fraud operations professionals with backgrounds in industries ranging from traditional and digital assets banking, payments, remittance, to fintech.
Please visit our FAQ to learn more.