• Tue. Dec 5th, 2023

Coinbase Finally Adds Dogecoin into the Database

Hassan Mehmood

ByHassan Mehmood

Jun 3, 2021

Coinbase, one of the most prestigious and largest crypto exchanges in the world, finally adds Dogecoin to the list of the cryptocurrencies that people can trade here. It is being added into the pro trading platform, which means that Dogecoin would finally be in the big leagues trading against Bitcoin, Etheruem, and other big players. It has been an unsteady and haphazard journey as the crypto exchanges around the world have been slowly adding Dogecoin as one of their potential cryptocurrencies that are allowed for trading.

Dogecoin might Finally Surge given a Well-Earned Break by one of the Largest Crypto Exchanges  

The very reason is that Dogecoin was a meme-based cryptocurrency and has been putting out a slow roll when it comes to adoption or people generally taking it seriously as the creators themselves said that it was purely intended as a joke which now has an immersive market cap. This is part of the reason why crypto exchanges have been slowly adding Dogecoin to the list of the cryptocurrencies that are available for trade and such. 

But now, Coinbase has added Dogecoin among the pro trading platform, which is the only golden thing that has happened for Dogecoin since the recent crypto crash. Mark Cuban has been a fan of Dogecoin all along since its debut and has even added it as one of the payment methods for people to buy the merchandise from his team, the Mavericks. 

Although Elon Musk and his support and focus lie with the cryptocurrency, this is not what keeps it afloat. If it were, then Elon Musk’ obvious SNL (Saturday Night Live) hosting stunt would have worked and pumped the price of the Dogecoin, but it only brought it down, confirming that the influence that Musk had on the crypto market is no longer effective or even if it were then doesn’t hold any ground in case of the Dogecoin. 

That being said, things have started to turn up for Dogecoin, and it is expected that now it might be able to hit that $1 target after all, which it failed to do so earlier. Because of the fact that it is listed among one of the most prominent crypto exchanges anywhere on the planet.

Hassan Mehmood

Hassan Mehmood

Hassan Mehmood, a valued writer at Big Trends Signals, uses his profound online trading expertise to produce in-depth guides and unbiased reviews, enabling traders to navigate digital marketplaces efficiently.

Leave a Reply

Your email address will not be published. Required fields are marked *

Skip to content