Dogecoin has been making waves in the cryptocurrency market for quite some time now, and its recent surge in popularity has been largely attributed to the support it has received from high-profile figures such as Elon Musk and Mark Cuban. However, the latest addition to the list of Dogecoin supporters is none othr than eToro, a popular online trading platform.
During this year’s Super Bowl, eToro ran an advertisement that featured a Shiba Inu dog, the same breed that is famously associated with Dogecoin. This move has been celebrated by Dogecoin holders and enthusiasts alike, as it is seen as a significant step towards mainstream acceptance of the cryptocurrency.
The commercial itself is a well-produced and visually appealing piece of content, highlighting the ease and convenience of using eToro’s trading platform. The Shiba Inu dog, which is prominently featured throughout the ad, serves as a nod to the cryptocurrency and its growing community of supporters.
While some may view this as a gimmick or a cheap attempt at capitalizing on the popularity of Dogecoin, it is important to note that eToro has been a strong supporter of cryptocurrencies for many years now. The platform offers users the ability to buy and sell a wide variety of digital assets, including Bitcoin, Ethereum, and, of course, Dogecoin.
Furthermore, the fact that eToro chose to run this ad during one of the most-watched events in the world is a clear sign that cryptocurrencies are gaining more mainstream recognition and acceptance. This is a significant milestone for the industry, as it further validates the potential of cryptocurrencies to revolutionize the way we conduct transactions and manage our finances.
The eToro Super Bowl commercial featuring a Shiba Inu dog is a significant moment for Dogecoin and the broader cryptocurrency community. It showcases the growing acceptance and mainstream recognition of digital assets and serves as a reminder of the potential that cryptocurrencies hold for the future of finance.
Will Doge Have a Super Bowl Commercial?
There have been rumors circulating on social media that Dogecoin, the popular cryptocurrency, would have a commercial during the Super Bowl. However, there has been no official announcement or confirmation from either Dogecoin or the Super Bowl organizers regardng such a commercial.
It is worth noting that while Dogecoin has gained a lot of attention and momentum in recent weeks, it is still a relatively new and volatile asset. Investing or speculating based solely on rumors or social media hype can be risky and is not a recommended strategy. As with any investment, it is essential to conduct thorough research and make informed decisions based on reliable sources of information.
Cryptocurrencies Advertising During the Super Bowl
FTX, a popular cryptocurrency exchange, is set to have a commercial during the Super Bowl. While it is not yet clear what specific cryptocurrencies the ad will feature, FTX has been knwn to support a wide variety of crypto assets on its platform. It is possible that the commercial may focus on the benefits of using FTX to trade and invest in various cryptocurrencies, rather than promoting any specific coin or token. However, it is worth noting that FTX has previously featured retired football player Tom Brady in its advertising, so it is possible that the commercial may feature more football-related themes rather than crypto specific ones.
Does the Shiba Inu Have a Super Bowl Ad?
The Shiba Inu dog breed was featured in a Super Bowl ad for eToro. The ad showed SHIB holders celebrating the success of thir investment in the cryptocurrency, which features a Shiba Inu as its mascot. The commercial was aired during the Super Bowl, which is one of the most watched television events in the United States and attracts a massive audience worldwide. The Shiba Inu breed has gained popularity in recent years due to its association with the SHIB cryptocurrency, which has become a popular investment option for many people. The eToro ad featuring the Shiba Inu dog is a testament to the growing influence of the breed and the popularity of the SHIB cryptocurrency.
Promotion of Dogecoin
Elon Musk, the renowned tech billionaire, is a prominent figure who has been actively promoting the cryptocurrency Dogecoin. He has expressed his support for the meme-coin on multiple occasions though his social media accounts, causing a surge in its value. In fact, he has even referred to himself as the ‘Doge father’, proudly displaying his enthusiasm for the digital currency. It is worth noting that Elon Musk is not the only one promoting Dogecoin, as there are other notable figures in the finance and entertainment industry who have also shown interest in the cryptocurrency. However, Elon Musk’s vocal support has undoubtedly played a significant role in bringing Dogecoin to the forefront of the crypto world.
Has Elon Musk Sold All His Dogecoin?
Elon Musk did not sell all his Dogecoin holdings. During Tesla’s Q2 earnings call, Musk disclosed that the company still holds its Dogecoin investments and has not sold any of them. While Tesla did sell 75% of its Bitcoin holdings during the same period, the company’s Dogecoin position remains intact. Musk’s affinity for Dogecoin is well-known, as he has frequently tweeted about the meme-inspired cryptocurrency and has even referred to himself as the “Dogefather.” Despite concerns about the volatility of cryptocurrencies, Musk’s continued support for Dogecoin has helped to maintain its popularity among investors.
Source: nypost.com
Tom Brady’s Cryptocurrency Investment
Unfortunately, there is no clear information about which specific cryptocurrency Tom Brady invested in. However, it has been reported that he and other wealthy investors lost money in the collapse of FTX crypto, which is a crypto derivatives exchange. It is important to note that investing in cryptocurrency can be risky and unpredictable, and it is always recommended to do thorough research and consult with financial professionals before making any investment decisions.
Tom Brady’s Promotion of Cryptocurrency
Tom Brady has been promoting the cryptocurrency trading platform FTX, which offers a variety of digital assets for trading, including Bitcoin, Ethereum, and Litecoin. FTX has gained popularity in the cryptocurrency community due to its advanced trading features and competitive fees. Tom Brady, along with other celebrity endorsers like Gisele Bündchen and Kevin Durant, has been promoting FTX through social media and other channels. However, the platform recently experienced a major outage, leading to a proposed class-action lawsuit against FTX and its celebrity endorsers. Despite this setback, FTX remains a popular option for cryptocurrency traders looking for advanced trading features and a wide range of digital assets.
The Benefits of Big Whales Investing in Shiba Inu Cryptocurrency
Big whales, or large investors, are buying Shiba Inu for several reasons. Firstly, the digital coin has recently experienced a significant drop in price, falling more than 70% over the past three months. This means that Shiba Inu is now trading at a much lower price than it has been for some time, making it a more attractive investment opportunity for those looking to buy in at a lower cost.
Another reason why Ethereum whales may be buying Shiba Inu is due to its potential for growth. While the cryptocurrency market is notoriously volatile, some investors believe that Shiba Inu has the potential to experience significant growth in the future, particularly given its ties to the popular meme coin, Dogecoin.
Moreover, Shiba Inu has gained increased attention and popularity in recent months, particularly amng younger investors who are drawn to its quirky branding and community-driven ethos. This increased interest in the coin may be driving up demand, leading to more significant price movements and attracting the attention of larger investors looking to capitalize on the trend.
While there is no one definitive reason why Ethereum whales are buying Shiba Inu, it is likely a combination of factors such as the coin’s recent price drop, potential for growth, and increased popularity among younger investors.
Celebrity Endorsement of Shiba Inu Coin
Paris Hilton, the American celebrity, socialite and actress, has expressed interest in the Shiba Inu coin. She has mentioned that she owns both Bitcoin and Ethereum, and has recently shown interest in the Shiba Inu metaverse. While it is unclear how much Shiba Inu coin she owns, Hilton’s interest in the cryptocurrency is a testament to the growing popularity of the Shiba Inu coin and the metaverse it is associated with. It is important to note that investing in cryptocurrencies, including Shiba Inu, can be a risky endeavor and should be approached with caution.
Businesses That Accept Shiba Inu Coin as Payment
Shiba Inu Coin, also known as SHIB, is a popular cryptocurrency that has gained popularity in recent times. There are several companies and businesses that currently accept SHIB as payment. One of the most well-known companies that accept SHIB is Newegg, an online retailer that specializes in tech products. Another popular platform that accepts SHIB is Twitch, a live streaming platform were users can support their favorite streamers with SHIB.
Moreover, David SW, a luxury watch retailer also accepts SHIB as payment, allowing customers to purchase high-quality timepieces at reasonable prices. Hosting provider HOSTKEY, precious metals dealer APMEX, and the Carolina Hurricanes of the NHL are also among the companies that accept SHIB. In addition, movie theater chain AMC Theatres and Jomashop, a luxury online retailer, are also part of the list of companies that accept SHIB.
While the list of companies that accept SHIB as payment is not exhaustive, it is clear that there are several major players across various industries that have embraced this cryptocurrency as a legitimate payment option.
Conclusion
The recent buzz aound the Dogecoin commercial during the Super Bowl has been found to be nothing more than a rumour. However, it is worth noting that the cryptocurrency has garnered significant attention recently, thanks to the endorsement of influential figures like Elon Musk. The value of Dogecoin has seen a significant surge in the past few weeks, with Musk’s tweets alone causing a spike in its share price. The eToro Super Bowl advert featuring a Shiba Inu dog has also pleased SHIB holders, further highlighting the growing interest in cryptocurrencies. As the world becomes more accepting of digital currencies, it is likely that we will continue to see more advertisements and endorsements related to cryptocurrencies, including Dogecoin.
