Dogecoin Campaign:
Last month, Thodex initiated a campaign to boost membership by offering millions of free Dogecoins to new registrants. Its website says 4 million of the coins were distributed, though many people have taken to social media to complain they never received them.
“I was born as one of the three siblings of a civil servant,” Ozer said in his statement, adding that he’s a high-school dropout. As the company ran into financial trouble, he said he thought about either committing suicide or giving himself up to authorities, but both of those options meant clients’ assets would never be retrieved.
“So I decided to stay alive and fight, work and repay my debts to you,” he said. “The day I repay all my debt, I will return to my country and give myself in to justice.
Adoption of Dogecoin:
The recent surge in adoption of Dogecoin has played a major role in its record price jump. In March 2021, Dallas Mavericks, an American professional basketball team, became the first NBA team to accept DOGE as a payment method for tickets and merchandise. CoinFlip, one of the leading crypto ATM providers in the United States, recently announced that it has listed Dogecoin on its 1,800 ATMs across the US in an effort to make the cryptocurrency available to the masses. Latvian airline airBaltic also announced last month that the company has started accepting different digital currencies as a payment method including Dogecoin.
The overall market cap of digital currencies touched an all-time high of $2.25 trillion on Wednesday after Bitcoin (BTC) and Ethereum (ETH) reported record gains in the last 24 hours.
