Dogecoin Investors Build The First DOGE-Themed Crypto Restaurant in Dubai.
Rocket Kitchens, a virtual chain restaurant operator, has introduced the first Dogecoin-inspired cryptocurrency burger eatery in Dubai.
According to Time Out Dubai, the Doge Burger restaurant will accept payments in Bitcoin, Ethereum, BNB, CRO, XRP, USDT, and Shiba Inu.
Along with hot dogs, the eatery will provide a beef burger, a chicken burger, a mushroom Swiss burger, a charcheese burger, and a garden burger.
Customers may place orders through the restaurant’s website, where the burgers will cost between Dhs35 and Dhs50.
According to the owners, the original funding utilized to launch the restaurant was generated by revenues from early Dogecoin investments. The restaurant hopes to take advantage of the UAE’s growing move toward cryptocurrency payments.
Notably, companies in the UAE began taking cryptocurrency payments as early as 2014, and more operators have set up shop in the area, introducing a variety of crypto-related items.
The introduction of Doge Burger emphasizes the significance of DOGE’s spectacular climb in value over the last year. Despite criticism for the token’s lack of utility, DOGE as a payment channel is expected to spur additional adoption.
Elon Musk, CEO of Tesla (NASDAQ: TSLA) and a crypto supporter, said that the electric vehicle manufacturer would begin taking DOGE payments for its merchandise. Notably, Musk has suggested that DOGE has superior properties to Bitcoin.
Following the increase in value seen in 2021, most nations are warming up to DOGE, mostly motivated by the likelihood of another bull run in the near future.
In this regard, as of 2021, the United States emerged as the most pro-Dogecoin nation in the world, with 31.6% of cryptocurrency owners in the country holding the meme cryptocurrency. Australia came in second place with 29%, followed by Norway with 27.4%.
DOGE was trading at $0.13 as of press time, down nearly 10% in the previous seven days. The cryptocurrency have seen considerable market volatility, which has increased in 2022.
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