Dogecoin has another win in mainstream adoption. Doge Burger, a DOGE-themed virtual restaurant, has launched in Dubai. The restaurant is the first crypto-inspired eatery in the United Arab Emirates.
Several cryptocurrencies are accepted by Doge Burger
The restaurant announced through its Instagram page that it accepts various cryptocurrencies. These include Bitcoin, ETH, BNB, CRO, XRP, USDT, SHIB, and DOGE.
It was launched by Rocket Kitchen, a virtual restaurant chain, which also prepares the all-American menu, as reported by a local news outlet, Time Out Dubai. Since it is a virtual restaurant, it only takes orders to deliver the burgers to customers. The branding of the packs reflects its affinity with Dogecoin.
However, it is not the only restaurant that accepts cryptocurrencies in Dubai. Some other restaurants have been accepting crypto since 2014 Time Out Dubai reports.
Doge Burger isn’t the first crypto-themed restaurant either. Welly’s, which launched in Naples last month, is a Shiba Inu themed restaurant.
Memecoins are seeing their share of adoption in the crypto space growing rapidly. Other companies that have started accepting DOGE include Tesla from Elon Musk. Musk recently revealed that Tesla plans to accept DOGE on its SuperCharger stations. Musk also plans to establish a chain of drive-in restaurants at Tesla’s SuperCharger, where DOGE will be accepted.
However, the memecoin remains highly volatile despite its growing adoption. On the day, DOGE was trading at USD 0.13, down -6.05% in the past 24 hours.
Crypto Adoption Grows in UAE
Doge Burger is just the latest company looking to boost the adoption of cryptocurrencies in the UAE. The country’s government has plans to attract even more crypto investors. This month, the UAE announced plans to issue federal licenses to crypto companies.
The UAE has also set its sights on increasing the presence of cryptominers in the country. The Middle Eastern country says regulating the crypto sector will be more beneficial for its economy.
Meanwhile, the UAE is also the third largest crypto market in terms of transaction volume in the Middle East.
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About the author
Olivia’s interests span the cryptocurrency and NFT and DeFi industries. She remains as fascinated with cryptocurrencies today as she was in 2017 when she first started reading about them. She is actively looking for the latest Crypto related stories. When she’s not writing, she tends to her pet Chihuahua or prepares vegan recipes. Reach me at [email protected]
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