Elon Musk wants Coinbase to add Dogecoin (DOGE) to its platform

Elon Musk wants Coinbase to add Dogecoin (DOGE) to its platform
фото показано с : invezz.com

2021-3-14 18:51

Elon Musk, Chief Executive Officer of car maker Tesla, has been very vocal about Bitcoin (BTC) and some cryptocurrencies. This time, he has suggested that U.S. leading exchange Coinbase should add Dogecoin (DOGE) to its platform.

Yes!

— Elon Musk (@elonmusk) March 13, 2021

Coinbase has been constantly in the news as the crypto exchange prepares to go public with its platform. The crypto exchange has also increased in valuation to nearly $100 billion.

As for Dogecoin, some popular investors are still skeptical about the long-term viability of the token since it doesn’t have a project backing it. It’s a meme-based asset that is traded only for the unique appearance of the meme.

Musk recently supported Dogecoin, which helped to skyrocket the price of the token. Dogecoin is presently the 15th largest cryptocurrency based on market capitalization and is currently trading at $0.056.

At the beginning of last month, it rose to $0.088 during the GameStop saga and as a result of the frequent tweets of Musk.

Coinbase offers halfhearted support to Dogecoin

In May 2019, Coinbase announced the support of Dogecoin, but the exchange giant only enables users to store their tokens.

But the high interest the token has generated has not been enough to force Coinbase to offer the token for trading on its platform. However, it has successfully listed the likes of Polygon (MATIC) and SushiSwap (SUSHI) on its platform – two tokens considered less popular than Dogecoin.  This was not appreciated by the proponents of the token who feel Dogecoin is ripe for an exchange like Coinbase to list it.

Dogecoin community wants crypto pairing on Coinbase

Binance has since listed DOGE on its platform and the DOGE/USDT pair on the platform trades about 8% of the token’s entire trading volume. The remaining volume is scattered across other exchange platforms.

But the Dogecoin community is particularly concerned about Coinbase since the exchange is the largest in the U.S. and could encourage more people to trade on the meme-based token. It will also offer the token more exposure as Coinbase prepares to be publicly listed on Nasdaq.

The post Elon Musk wants Coinbase to add Dogecoin (DOGE) to its platform appeared first on Invezz.

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Dogecoin (DOGE) на Currencies.ru

$ 0.167 (+0.16%)
Объем 24H $1.718b
Изменеия 24h: -2.72 %, 7d: 7.37 %
Cегодня L: $0.1651 - H: $0.1678
Капитализация $24.115b Rank 8
Цена в час новости $ 0.0602226 (177.3%)

doge platform elon dogecoin musk add coinbase

Источник: invezz.com

doge platform → Результатов: 38


Фото:

Dogecoin and Litecoin Mining Announcement Crashed this Company’s Website

Avid proponents of Dogecoin (DOGE) and Litecoin (LTC) are likely responsible for crashing the website of a Canadian social platform after the company revealed its investment in DOGE and LTC mining. Dogecoin remains the quintessential meme coin amid social media backing by popular figures like Elon Musk and Mark Cuban. Hello Pal Website Suffers TemporaryRead More

2021-3-13 22:00


Blockchain Company Komodo Launches DEX for Dogecoin (DOGE) Swaps

Parody cryptocurrency Dogecoin seems to be gaining wide adoption as the crypto market surges. Atomic Swaps Available On DogeDEX In an announcement made on Wednesday, blockchain as a service (BaaS) solutions provider Komodo said its Doge decentralized exchange (DogeDEX) platform launched March 1 and has been received enthusiastically by Doge enthusiasts.

2021-3-12 20:12


Dogecoin’s [DOGE] Jackson Palmer takes a social media hiatus; deletes YouTube channel, goes private on Twitter

Twitter has been a platform for a lot of controversies in the cryptocurrency space, mainly because of clashes between proponents and discussions on the latest technological developments. The latest tectonic shift in the crypto Twitterverse was related to Jackson Palmer, the creator of Dogecoin [DOGE], and his actions on social media handles.

2019-4-21 02:30


As it was announced yesterday, the California-based fintech firm Robinhood would be listing Dogecoin on its quickly growing feeless crypto mobile app. This news came just after it was revealed that Robinhood would add support for Litecoin and

Financial services mobile app Robinhood has added support a peer-to-peer digital currency called Dogecoin (DOGE) on its Robinhood Crypto Platform. As it was announced yesterday, the California-based fintech firm Robinhood would be listing Dogecoin (DO)GE) on its quickly growing feeless crypto mobile app.

2018-7-17 18:40


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