Dogecoin’s popularity is not lost by any means.
Despite the numerous businesses that have accepted Dogecoin (DOGE) in payments, more are still thinking about adding the dog-themed digital currency to the list of their supported payment methods.Â
In a recent survey conducted by Digital.com, nearly one out of three United States-based business owners indicated an interest in adding dogecoin as a payment method soon.Â
More Businesses to Accept Crypto
Of the total 1,000 respondents surveyed by Digital.com, 27% of these business owners noted they would add DOGE payment this year.Â
On the other hand, 10% said they would start accepting the popular cryptocurrency next year. In comparison, 18% disclosed that the digital currency payment would be integrated into their payment methods in the next two to five years.Â
Interestingly, 100 respondents said they have already started accepting DOGE payments for their business.Â
29% of the respondents said they would accept DOGE payments, but they did not indicate when the support would be rolled out.Â
Of the respondents who disclosed plans to accept crypto payments and those who have plans to favor cryptocurrency as a payment method, 83% say they will accept bitcoin (BTC). In comparison, 42% opted for Ethereum (ETH).Â
Meanwhile, Americans indicated that they had heard more about Dogecoin than Ethereum.Â
30% Businesses Against Crypto Payments: Not every business thinks highly of digital currency, as 30% of the respondents disclosed that they would never accept payment for their goods and services in DOGE.Â
Business Owners Feeling Pressured to Accept Crypto
About 30% of business owners declared that they are being pressured into accepting crypto, with 52.6% of respondents in this category saying they fear that not adding the cryptocurrency to their payment methods could result in the loss of significant customers.Â
On the other hand, 48.8% noted that they only want to accept the cryptocurrency to enable them to be rated as modern United States businesses.Â
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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