Following the success of the previous DOGE Treats campaign, Crypto.com announced they’ve launched a second: the DOGE Treats Extravaganza, with 10x the prizemoney to be won.
All Crypto.com App users are eligible to participate and win a share of the USD 500,000 prize pool, where they will give away USD 100,000 of DOGE and exclusive DOGE NFTs every week until 21 May 2021.
Doge Rules?
As detailed in Crypto.com official blog:
- Trade (Buy/Sell) at least $100 USD of any DOGE pair in the Crypto.com App during the weekly campaign periods and become an eligible participant.
- 1 Eligible participant will be selected by lucky draw and receive $50,000 USD and 1 exclusive DOGE NFT.
- 999 eligible participants with the highest number of DOGE Points during each campaign period will receive DOGE prizes.
Prizes are tiered depending on how many DOGE points a participant accumulates during each period.
Doge Not Frightened By The Bears
While Dogecoin also suffered a dip, its fall was trivial compared to the rest of the market. By midday, DOGE had recovered and went on to post 12% gains by the end of the day.
Dogecoin, boosted by the likes of Elon Musk and Mark Cuban, rallied more than 110% last Friday before dropping by 26% on Saturday, according to CoinMarketCap.com. It now has a market value of more than $36 billion and is still up 13,400% from a year ago, when it traded for $0.002 and was worth about $250 million.
Some consider DOGE as just a meme coin however, the community sees itself more as detached from the crypto norm, trying to make the bland world of money a bit more humorous, vibrant, and friendly. The internet currency has now recently gone through use cases where it has performed well.
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