Coin Cloud, the world’s leading Digital Currency Machine (DCM) firm, has announced the giveaway of $100,000 in DOGE for NASCAR. With Dogecoin making a reappearance after 7 years on the Las Vegas Motor Speedway, the giveaway comes if Dogecoin-sponsored Car 99 comes to first place in the race. The Las Vegas Motor Speedway for the Alsco Uniforms 300, a NASCAR Xfinity Collection (NXS) is an inventory automobile race.
Coin Cloud Announces DOGE Giveaway NASCAR
Coin Cloud will give away $100,000 in Dogecoin to 10 lucky Twitter followers at $10,000 per person, based on the current market worth.
Participants in the Dogecoin giveaway just need to retweet the giveaway tweet while comment remark #DOGECAR.
$100k $Dogecoin Giveaway! If Car 99 wins the NASCAR Xfinity Series Saturday, Coin Cloud will give away $100,000 in Dogecoin!
— Coin Cloud 🌧 (@CoinCloudATM) March 5, 2021
Chris McAlary, founder and CEO of Coin Cloud, said on the giveaway:
“Dogecoin goes viral for a few days every year or so, whether because Elon Musk tweets about it or somebody gets behind a marketing marketing campaign. The demand lately has been huge our retailers are seeing a buzz around dogecoin at our machines.”
Coin Cloud is the only nationwide operator in the U.S. of its 100% two-way digital currency machines. Each one of its 1500+ machines is across 45 states in the United States that enables the easy purchase and sale of 30 types of different cryptocurrency machines with fiat currency. Its Coin Cloud mobile app enables OTC trading including full customer service support.
DOGE Increased Over 100 Times During Last Year
Dogecoin was founded in 2013 with a supply of 127 billion. The average value of the coin has increased by over 100 times during last year.
The cryptocurrency has been pumped recently a lot of times on social media platforms from Tesla CEO Elon Musk to investor and entrepreneur Mark Cuban, rapper Snoop Dogg and rock star Gene Simmons of KISS, including pop sensation Kevin Jonas.
Dogecoin has soared 838.01% since the beginning of the year, beating the 66.99% year-to-date returns of the world’s leading cryptocurrency Bitcoin.
DOGE traded 2.96% lower at $0.05154 while BTC traded at 4.06% lower at $48,949 at the time of writing.