Dogecoin grows: Premier League players become favourites for Memecoin Grote promotion

A team from the world’s largest football league has put the Dogecoin (DOGE) logo on their jerseys for the 2021/2022 season.

English Premier League’s Watford Football Club (FC) will offer the DOJA in its arms as part of a sponsorship deal with gambling website according to the Sports report.

According to the report, the sponsorship deal is worth just $ 1 million and will not be the team’s first crypto-related partnership. In 2019, car and bitcoin began wearing their logo on their sleeves

Dogecoin, which started as a joke in 2013, has made a breakthrough in 2021 thanks to celebrity support and the power of memes. It grew 9,188% last year and is now the seventh largest crypto asset in the world by market capitalization.

At the time of writing, DOGE is trading at$.31, a 27% increase over the past seven days.

The English Premier League is the most profitable Football League in the world, generating at least $ 1.38 billion in revenue a year.

Europe’s other major football leagues, such as the Champions League, are also taking advantage of the hype around cryptocurrencies. the highly-paid Paris Saint-Germain club (PSG) recently signed football legend Lionel Messi as part of a deal that includes owning PSG fans ‘ tokens.

With the excitement of Messi joining the club, the PSG token has risen more than 100 per cent, reaching a peak of $ 58.04 after reaching $ 22 just days earlier.

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Disclaimer: Hodl opinions are not investment advice. Investors must do due diligence before making high-risk investments in bitcoin, cryptocurrency or digital assets. Please note that your transfers and transactions are at your own risk and you are responsible for any damages you may suffer. The Daily HODL does

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