190,000 Dogecoin Enthusiasts Sign Petition Urging E-Commerce Giant Amazon to Accept Dogecoin as Payment Option

share
190,000 Dogecoin Enthusiasts Sign Petition Urging E-Commerce Giant Amazon to Accept Dogecoin as Payment Option

With the increasing market attention, 190,000 people have initiated an online petition requesting Amazon to accept Dogecoin as a payment method.

190,000 People Petition for Dogecoin Payments

According to a petition on the U.S. website Change.org titled "Doge4Amazon - Accept Dogecoin as a Payment Method," which has recently attracted a lot of support from netizens. The proposer, Mark E, wrote in the petition:

"Currently, Amazon does not accept cryptocurrencies as a payment method, alienating those without traditional bank accounts. As an innovative leader, Amazon.com should accept Dogecoin as a payment method. Dogecoin is fast, cheap, and stable."

As of now, the petition has garnered over 190,000 signatures.

Source: Change.org

According to a report by Fox Business on April 19th, the number of signatures was around 130,000 at that time. In other words, within just one week, the number of signatures has increased by 60,000.

Source: Fox Business

However, in fact, the petition was not recently published but was posted by Mark E online four years ago. It's only due to the recent significant increase in Dogecoin's price that this petition has regained attention.

After experiencing a crazy surge, the momentum of Dogecoin's rise has significantly declined. The current price is around $0.26, down about 42% from its peak of $0.45, and its market ranking has slipped to 7th place. However, based on past trends, as long as the cryptocurrency market remains in a bull market phase, Dogecoin seems to have the potential to surge again at any time. Nevertheless, Cardano founder Charles Hoskinson has previously criticized Dogecoin as a bubble, with no sustainability in the project itself, and warned investors that once the bubble bursts, it will attract regulatory authorities to actively intervene in the market, causing long-term impacts on the cryptocurrency industry.