Premier League Team Watford FC To Wear Dogecoin Shirts for 2021/22 Season

Aug 16, 2021 0 comments

image: ft.com.

Watford FC players will wear a Dogecoin (CRYPTO: DOGE) logo on their jerseys for the 2021/22 season, The Athletic reports.

A crypto sports betting site Stake.com is a sponsor of the team, and the deal is worth $1 million.

Stake.com has also announced to give away 10 million DOGE (worth $2 million).

Earlier In the 2019-2020 soccer season, Sportsbet.io was the sponsor for Watford that put Bitcoin on the players’ shirts.

Coinmarketcap reports that cryptocurrency sector has a market value of around $1.95 trillion at present.

Dogecoin has risen 8,185% over the last year.

The coin, which started as a joke in 2013, uses the image of the meme Shiba Inu dog known as Doge.

Attention on the meme coin intensified after Tesla owner Elon Musk started pushing development in the cryptocurrency.

According to UEFA, the Premier League is a hot target for sponsors.

The Aston Martin Formula 1 team is sponsored by exchange Crypto.com.

Sourced from benzinga.com.

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