Dogecoin-Branded Car Crashes During a NASCAR Race

Published on: 22.06.2021

The American racer Stefan Parsons crashed with his Dogecoin-sponsored car at NASCAR Xfinity Series Race in Nashville. Interestingly, the accident of the Chevrolet Camaro coincides with the recent collapse of DOGE’s price.

DOGE’s Car Couldn’t Finish

NASCAR Xfinity Series Race in Nashville presented to the American fans another spectacle. Unfortunately, the 22-year-old Stefan Parsons couldn’t reach the finish as he crashed his Dogecoin-sponsored Chevrolet Camaro. Because of the accident, the car finished last.

Springrates CEO Sean Tylor was among the sponsors of the race car alongside other DOGE holders. Even though Chevrolet #99 crashed into the wall, the organizers from NASCAR approached the accident with a sense of humor. They referred to Elon Musk’s sympathy towards the meme coin:

”Sorry, you had to see this Elon Musk.”

DOGE’s Price Crashes Too

It may not be linked together, but the meme coin’s price dumped hard shortly after the crash at the NASCAR race. DOGE traded around $0.27 on Sunday, but the market-wide crash drove it south to an intraday low of just over $0.21, meaning a substantial correction of over 20% in less than a day.

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