How Elon Musk Reacted To Suggestion That AMC Should Accept Dogecoin

Theater chain AMC Entertainment Holdings, Inc. AMC has been a retail favorite among stocks and in the crypto universe, Dogecoin DOGE/USD commands a frenzied following.

What Happened: A Twitter user said it makes sense for AMC to accept Dogecoin as a payment mode and asked others whether they agree.

AMC, Doge Show Muted Reaction: Both AMC shares and the Doge have not reacted much to the tweet or Musk's response.

Dogecoin, which hit an all-time high of 73.76 cents in early May, has pulled back notably from the level. The meme coin has stabilized at around 20 cents this week.

At last check, Doge was down 2.14% at 20.12 cents and AMC was losing 1.88% to $38.17.

Related Link: HOW TO BUY DOGECOIN

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