VANCOUVER, BC, April 18, 2022 /PRNewswire/ — USA News Group –There’s been a resurgence in attention towards Dogecoin (DOGE), after a series of recent whale moves (extremely large transactions). Analysts have seen big things for DOGE, including a forecast of a return to its previous $0.73 level by the end of 2024, which would represent a 500% increase from the price as of March 22, 2022. While whale moves tend to trend the coin higher, it’s the addition of accessibility that ultimately brings on higher demand, including the Robinhood Markets, Inc. (NASDAQ:HOOD) announcement that its new Cash Card can invest your spare change into Bitcoin (BTC), Ethereum (ETH), and DOGE. Rumors are also circulating that eBay Inc. (NASDAQ:EBAY) could soon accept the same cryptocurrencies for payments. Other ways to obtain the memecoin include from global crypto exchange Coinbase Global, Inc. (NASDAQ:COIN), sometimes as Burger King rewards from Restaurant Brands International (NYSE:QSR) and for livestreaming on the popular social media platform Hello Pal International Inc. (CSE:HP) (OTCQB:HLLPF).
In May of 2021, the popular livestreaming social media platform Hello Pal International Inc. (CSE:HP) (OTCQB:HLLPF) made history when it became the market’s first listed company focused on DOGE mining. Reaction to the announcement was swift, causing a surge in traffic so heavy it temporarily caused a website outage.
As per the shift, users could now take part in the mining process of both Litecoin (LTC) or Dogecoin (DOGE) by either owning or partly-owning crypto mining rigs.
So far the decision’s paid off, as Hello Pal’s addition of Litecoin/Dogecoin mining rigs delivered strong additional revenues in the most recent quarter. Since then, it’s gone on add to its fleet of Antminer L7 mining rigs to its current total of 400.
“Our livestreaming operations continue to deliver strong operating results as we continue to diversify outside of China,” said KL Wong, Founder and Chairman of Hello Pal. “With the acquisition of the highly sought after L7 miners, we are excited to become a North American miner.”
After having moved its mining operations to North America, and while the majority of its livestreaming user base are in Asia, Hello Pal signed a letter of intent with one of Europe’s largest non-custodial crypto wallet providers by user numbers, UniCrypt—a provider of wallet and crypto-based remittance services to more than 14 million clients world-wide.
“We are tremendously excited at the prospects which this collaboration will bring to our efforts in increasing cryptocurrency usage among not only Hello Pal users, but to the world at large,” said KL Wong. “With UniCrypt’s ability to easily onboard new users and generate segregated wallets, we aim to provide many users across the world with their first cryptocurrency experience and introduce them to an international social community with a borderless payments system.”
As Hello Pal’s livestreaming operations continue to expand to new markets, the ability to carry out cross-border payments becomes more and more relevant, lending credence to UniCrypt’s services leading to a distinct advantage.
Late in the fall of 2021, Restaurant Brands International (NYSE:QSR) and its flagship …
