Coinbase, Cryptocurrency exchange that allows users to easily buy, sell, trade, and hold various cryptocurrency, have added dogecoin to the list. Cryptocurrency ‘jokes’ has taken speed in an unexpected way many years ago when it was first launched, making a small number of people very rich while encouraging others to buy coins in hopes of reaching or beyond the assessment of $ 1 / coins.
Coinbase has announced its intention to add Dogecoin Cryptocurrency to its portfolio, allowing users to buy, hold, and trade digital assets. The announcement coincided with the Tweet of Elon Musk which stated that he worked with developers behind the coins to improve their efficiency.
Dogecoin, once a cryptocurrency joke, has seen encouragement in the involvement that rises in value from money to dozens of money, reaching $ 0.56 / coin today. The excitement has been triggered by the Musk, who regularly comment on coins lately, including asking whether Tesla must accept Dogecoin payments and reveal plans to launch the Doge-1 satellite.
In this middle of attention, Coinbase works to bring cryptocurrency to the exchange platform. The company expects to support Dogecoin at several points in the next six to eight weeks, giving Robinhood – which also allows users to buy digital assets – strong competitors. It can also force reshuffle to keep the dogecoin trading online when things become fluctuating, because consumers can easily rotate elsewhere.
Apart from the hype, experts have warned that Dogecoin is a risky investment; The others warn that the entire Cryptocurrency market is currently in bubble, warning that investors must be prepared to potentially lose money they invest in digital assets.
