The new Premier League soccer team, Wolverhampton Wanderers FC, will be wearing a dogecoin logo on their sleeves. The club is the first in the league to accept cryptocurrency as payment for merchandise and tickets.
The british premier league is a football league that has been around for over 120 years. They have recently announced that the new team, which will be called Dogecoin United, will wear dogecoin logos on their sleeves.
News about altcoins
- Dogecoin jerseys will be worn by Watford F.C. players.
- Dogecoin’s presence has been paid for by Stake.com.
- The squad donned Bitcoin shirts for the 2019-2020 soccer season.
Watford F.C., an English soccer club, will wear Dogecoin jerseys in the upcoming Premier League season. On their sleeves, the players will wear a Dogecoin logo. Dogecoin will be featured on all three Watford jerseys, according to the British sports publication The Athletic.
As a result, Stake.com, a sports betting site and crypto casino, has paid for the Dogecoin’s debut. outlet for sports According to The Athletic, the transaction is valued approximately $970,500 and will be paid in bitcoin. Watford’s agreement with Stake.com isn’t the club’s first cryptocurrency sponsorship.
In reality, the soccer squad donned Bitcoin jerseys to promote the cryptocurrency throughout the 2019-2020 soccer season. That was part of an agreement with Sportsbet.io, another sports betting service.
Stake.com also intends to give away 10 million DOGE, which is worth around $2 million, to raise awareness about the collaboration. Dogecoin has never been seen at a high-profile sporting event in the United Kingdom.
Dogecoin was created in 2013 as a joke, and it is named after the meme Shiba Inu dog known as Doge. However, it has since piqued the interest of many crypto enthusiasts and attracted the backing of celebrities, including Tesla CEO Elon Musk.
Since then, the meme coin’s value has increased by 8,185 percent in the last year. As businesses enjoy the benefits of the crypto boom, sports and crypto tie-ups are becoming increasingly frequent.
The Premier League is a popular target for advertisers, according to UEFA. With 5.86 billion euros in revenue in 2019, or about $6.92 billion at today’s currency rates, it is the most profitable soccer league in the world.
Frequently Asked Questions
What team is sponsored by Dogecoin?
The Dogecoin team is sponsored by the Dogecoin Foundation.
Will Dogecoin ever reach $1 2020?
It is difficult to predict the future of Dogecoin, but it is likely that it will not reach $1 in 2020.
Is Watford sponsored by Dogecoin?
The Watford Football Club is not sponsored by Dogecoin.
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