SAN JUAN, Puerto Rico, April 16, 2021 (GLOBE NEWSWIRE) – BOTS, Inc. (OTC: BTZI), a vertical integrator and emerging innovator of products, technologies, and services for the rapidly growing digital robotics automation and manufacturing industry , announced today that it is one of the first publicly traded companies to accept Dogecoin as payment for all of its products and services.
Like Bitcoin, Ethereum, and Litecoin, Dogecoin is a popular cryptocurrency that people use to buy and trade. Dogecoin was launched in 2013 and was mainly used as a tipping system on Reddit and Tipestry to reward people for creating or sharing high quality content. Dogecoin is unique for a few other functions as well. For example, it is powered by blockchain technology with 60 second intervals. This means faster transaction reviews. Bots Inc also started accepting several additional cryptocurrencies like Bitcoin, Ethereum, Litecoin. Our shareholders can monitor the daily Dogecoin prices here: https://finance.yahoo.com/quote/DOGE-USD/
CNBC reported today that Dogecoin is up 300% in a week. Despite all the odds, Dogecoin is now worth $ 34 billion, and its price has risen a whopping 500% in the past seven days.
Why is Dogecoin recovering? For one, there’s Coinbase listing, the most popular virtual US currency exchange that went public on Wednesday and briefly hit a market capitalization of $ 100 billion in a groundbreaking moment for cryptocurrencies.
The excitement surrounding Coinbase’s debut resulted in a spike in the prices of Bitcoin and Ether. Bitcoin hit a record high of more than $ 64,000 on Thursday, while Ether briefly topped $ 2,500 for the first time on Friday morning. Dogecoin was no exception to the maddening interest in these digital assets.
Dogecoin has attracted a following among Robinhood users. On Thursday, the US online broker said there had been a “major outage” in its crypto trading function after facing “unprecedented demand”. The feature is now back online, said Robinhood.
The story goes on
Some reports have attributed the recent Dogecoin rally to support for Tesla CEO Elon Musk’s meme-based token. Musk made several tweets about Dogecoin, which in turn helped drive the price up.
On Thursday, Musk posted a cryptic tweet that read “Doge Barking at the Moon,” likely borrowing from the popular crypto-slang phrase “to the moon.”
Dogecoin has evolved into a fully fledged coin that is accepted by many traders. It has one of the lowest transaction fees which is great for our customers with their newfound Dogecoin wealth.
Tesla CEO Elon Musk posted multiple tweets on social media that Dogecoin is his favorite coin. As a result, Dogecoin recently hit its all-time high, growing 300% in a day, and hitting more than $ 49 billion in market cap according to NASDAQ stock market data. However, $ DOGE is not a share (https://www.nasdaq.com/market-activity/cryptocurrency/doge).
Dogecoin becomes the most talked about crypto of all time on Twitter as its price goes up. According to digital asset data company TheTIE, the massive amount of mentions over a 24 hour period has marked the altcoin as the most tweeted cryptocurrency of all time. Dogecoin beat previous Bitcoin tweet records set on January 2, 2021 and December 22, 2017, the company said.
“We developed a new type of Dogecoin miner and decided to accept Dogecoin as a means of payment. We’re one of the first publicly traded (perhaps the second in history) companies to accept Dogecoin. Many companies, including car dealerships, now also accept this coin “, – commented Paul Rosenberg, CEO of Bots.
The Dogecoin community on the popular Reddit website has grown to 1.3 million members.
Bots joins a rapidly growing list of retailers adapting to the needs of modern consumers and may become the first miner repair company to accept Dogecoins.
About BOTS, Inc.
BOTS, Inc., headquartered in San Juan, Puerto Rico, is publicly traded on the OTC markets under the symbol (BTZI) and is a diversified company that develops and services blockchain, cybersecurity and robotics solutions for its customers. The company is committed to driving the innovations needed to shape the future of digital robotic automation management through digital technology and decentralized blockchain solutions. The management is dedicated to the strong growth of Distributed Asset Technology and Robotic Process Automation (RPA).
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Forward-Looking Statements
Certain statements in this press release may constitute “forward-looking statements”. Forward-looking statements reflect current expectations of future events based on certain assumptions and include all statements that do not relate directly to historical or current facts. Actual results could differ materially from those expressed in such forward-looking statements due to various important factors disclosed in the company’s filings. In addition to these factors, actual future performance, results, and results could differ materially from more general factors including, without limitation, general industry and market conditions and growth rates, economic conditions, and changes in government and public policy. The forward-looking statements contained in this press release reflect the company’s views as of the date of this press release and those views are subject to change. Although the company may elect to update these forward-looking statements at some point in the future, the company expressly disclaims any obligation to do so. These forward-looking statements should not be taken as representing the company’s views at any time after the date of the press release. Such forward-looking statements pose risks, which are described in detail on the company’s website and in the documents.
Contact:
Paul Rosenberg
CEO
paul@bots.bz
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