Cryptocurrency

Top EPL Football Team Supports Dogecoin as Price Reaches $0.3

Top EPL Football Team Supports Dogecoin as Price Reaches $0.3

  • Premier League football club Watford FC will feature the logo of Dogecoin as its kit sponsor for the 2021/2022 season
  • According to The Athletic, the EPL football club signed a sponsorship deal worth $1 million with Stake.com
  • Following the team’s first match on Saturday, the value of Dogecoin has gone above $0.3 for the first time since June

Get ready to see your favourite memecoin Dogecoin more frequently this season as the Premier League kicks off.

This is because the logo of the coin will be appearing on the kit of EPL team Watford FC for the 2021/22 season.

The Athletic reported that the club signed a sponsorship deal with gambling company Stake.com.

The deal worth over $1 million compels The Hornets to feature the Doge logo on the sleeves of their 1st, 2nd, and 3rd team kit.

Dogecoin Watford

This is the second time that Watford will be promoting a cryptocurrency on it,s jersey.

In the 2019/20 season, the football club sported the logo of Bitcoin on its kit, after signing a deal with Sportsbet.io but it ended on a sad note after they were relegated.

Read also: Binance Reveals Shocking Relationship Between Nigeria and Cryptocurrency

In other news, Tesla CEO Elon Musk has backed Dogecoin as a “strong medium of exchange”.

Another billionaire Mark Cuban tweeted that Doge is the “strongest medium of exchange” and Musk replied saying “I’ve been saying it for a while”.

At the time of this report, Dogecoin is trading above $0.3, its highest point since June.

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