"Crypto Bowl" Ads, Partnerships Aren't Enough to Drive Certain Tokens Higher Today
Today's price action in the crypto world has been relatively muted, following the highly anticipated "Crypto Bowl," which saw many cryptocurrencies take center stage at yesterday's Super Bowl. Two of the key tokens investors were watching on the advertising slate were Dogecoin (CRYPTO: DOGE) and Crypto.com (CRYPTO: CRO) Coin. Unfortunately for investors, as of 12:20 p.m. ET, these tokens were down 3.9% and 5.8%, respectively.
Dogecoin initially ran higher heading into the Super Bowl, with fans expecting some sort of positive announcement from McDonald's about the potential for Dogecoin to be accepted as payment. This speculation was spurred by previous tweets between the iconic fast-food franchise and Dogecoin supporter Elon Musk. However, no such announcement came.
Image source: Getty Images.
Source Fool.com
