Cypher
(BTC) Bitcoin News TodayAltcoinBitcoin Cash (BCH)Crypto AdoptionCryptocurrencyDOGE (Dogecoin)Ethereum (ETH)Litecoin (LTC)NewsPrice AnalysisShiba Inu (SHIB)Tether (USDT)

Dogecoin (DOGE) Enters the Real Estate Sector; Washington’s Gig Harbor to Accept Crypto

As cryptocurrencies see surging popularity and acceptance, real estate developers appear interested in accepting digital coins as payments for their houses. Washington-based developer Gig Harbor is the latest to join the craze. The developer will introduce crypto as payment later this month. Meme token DOGE is among the currencies the real estate giant will introduce. While writing this content, DOGE trades at $0.144.

In the latest news update, Harbor Custom Development firm revealed it would introduce digital coins as payments for listed land, apartments, condominiums, family homes, and developed lands in the company’s marketplace in Washington, Florida, Texas, and California starting 24 January 2022.

DOGE among Accepted Digital Tokens

The firm will accept several digital coins, including BTC, LTC, USDC, ETH, SHIB, DOGE, BCH, BUSD, Pax dollar, Wrapped BTC, and Gemini Dollar. COO Jeff Habersetzer stated that introducing crypto payments for their real estate services shows flexibility. That way, the company stays above its competitors.

Cypher

Recently, its website advertises homes in Bremerton, Tacoma, Blaine, Belfair, California, and Texas. CEO Sterling Griffin states that accepting crypto means Harbor opening doors to firms with overall market capitalization surpassing $1 trillion. They added that their objective is driving shareholder value while serving as the thought chai in their industry group.

📰 Also read:  Stacks Experience 13% Uptrend, As Market Maintains Bullish Trend

Meanwhile, the crypto markets see bearishness at the moment. The overall cryptocurrency market capitalization lost about 1% to $1.96 trillion. On the other side, the crypto market volume surged nearly 44% to $102.63 billion.

The digital coin market continued to crash even as BTC recovered from its day’s lows. Alternative tokens display weak price actions despite massive trading volumes.

The latest Fed minutes release seemed to shake investor confidence. Nevertheless, most crypto enthusiasts are bullish in the crypto space. They believe the assets will launch massive comebacks after ongoing bearishness to hit new ATHs.

Moreover, institutions seem to believe in crypto with increased adoption. Remember, Mike Novogratz stated that Bitcoin would attract institutions at its bottom. Is the narrative developing now? Has BTC hit its bottom, ready for a massive bounce? Feel free to share your views in the section below.

📰 Also read:  Senate Republicans Vow to Oppose Federal Reserve Creating CBDC 

Tokenhell produces content exposure for over 5,000 crypto companies and you can be one of them too! Contact at info@tokenhell.com if you have any questions. Cryptocurrencies are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by Tokenhell authors (namely Crypto Cable , Sponsored Articles and Press Release content) and the views expressed in these types of posts do not reflect the views of this website. Tokenhell is not responsible for the content, accuracy, quality, advertising, products or any other content or banners (ad space) posted on the site. Read full terms and conditions / disclaimer.

📰 Also read:  Bitcoin Surges Past Silver, Claiming the Eighth Largest Asset Title

Cypher

James Carr (Australia)

James is a new research writer for Tokenhell. His articles include broker and exchange reviews, guides and news from all over the crypto-verse. Stay tuned for his recent articles.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close
Skip to content