Coinbase is going to list Dogecoin within 2 Months
With the increase in the fame of meme cryptocurrency, the world’s 3rd largest crypto trading platform Coin base finally going to list Dogecoin within 2 months. Coin base is observing significantly less trading from the recent quarters. Similarly, Coinbase is also considering the shift of interest of investors in Doge. The currency that started as a joke becomes very important these days. If coin base lists Dogecoin within 2 months it will helpful for Doge. It also helps in increasing the dropping trading volume of Coinbase.
CoinBase Dogecoin Listing
Coin base has an average trading volume of $1560 billion annually which is a huge amount. The Dogecoin listing therefore will prove fruitful. Although the crypto market is very volatile. It may make you a millionaire or a billionaire and at the other time, it may take your hard-earned money. Therefore precautions are necessary before investment.
According to Warren buffet:
“Stock Market is a device for transferring money from impatient to patient”.
Future Opportunities for DogeCoin:
Among the dogecoin community this one of the biggest achievements for doge after promotion by Elon musk. The Dogecoin is again rising to a new value of 0.52$ on 14th May 2021. After its major fall from 0.72$, it’s again soaring. The Doge community expecting a major hike in the price of Doge as Doge Father is considering accepting it as a payment method for Tesla. Elon Musk is also working with Doge devs to improve the transaction efficiency of the system.
Doge gets 78% of votes on Elon’s Twitter account to accept it as a payment method. Later announcement of coin base to list it becomes another reason for the price hike. Many people believe that Dogecoin will never be the next Bitcoin as it has unlimited supply while the same thing is with Ethereum as its supply is also unlimited still it’s price touch hit’s highest value of 4000$.
There is no doubt investor’s see’s major dips in Dogecoin but still many people are inspired by the ability of Doge to recover quickly to the new highs. However meme stocks like Doge will not be a better options for long term future as it is coin whose price is entirely depends upon the speculations and Musk’s twitter.
Note: The Information presented above is based on Search and analysis of our team. We are not promoting any investment in crypto and other markets as the investment risks are high and therefore shall not be responsible for any loss incurred.
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