Dogecoin is becoming one of the most popular cryptocurrencies around the world, attracting crypto investors. Crypto backers never lag behind in promoting cryptocurrency, and these backers can be found in a variety of sectors, be it real estate, music, automobiles, and now even sports.
The National Association for Stock Cars Auto Racing (NASCAR) announced that the Doge Car will be in Race earlier this year, and the entire crypto industry was looking forward to it with great excitement and hope. Stefan Parsons, the American professional stick racing driver, finally drove the Doge-themed car with the number 99 on Saturday. The Chevrolet Camaro with the “Dogecoin” as the main logo on the car was the center of attraction in the NASCAR Xfinity Series. The crypto fans were so enthusiastic about the 99-number racing car with Dogecoin that the Dogecar hashtag on Twitter with the Dogecar photos was in vogue.
– SPRINGRATES🚀 (@Springrates) June 19, 2021
All hopes of the crypto freaks were dashed when the Dogecar crashed in the race and hit a wall on lap 70 weekend and the total loss for the week was more than 20%.
Even after the car crash and the Doge Market, many crypto supporters are very enthusiastic about the Dogecoin, so they identified the positives of the Saturday incident and tweeted, “The Dogecar gave us a great view of crossing the finish line.” sideways’. This immense support from crypto enthusiasts for the currency is why Dogecoin has been in the spotlight this year and is seeing commendable growth. In fact, the Tesla boss’s tweets have also had a major impact on the market.
Prior to Stefan Parson, his father Josh Wise made an exceptional entry into NASCAR in 2014, and when the Dogecoin car was driven by Parson this year, he said that:
“Having the opportunity to lead a project with an incredible story from my father’s racing team is something I’m very proud of.”
When many countries wholeheartedly embrace cryptocurrencies, all eyes are on Dogecoin as it is affordable and an interesting currency. There are people like the co-founder of Ethereum who recently announced his success with Dogecoin investing, so who doesn’t enjoy making a profit?