Elon Musk wants Coinbase to include Dogecoin! Will you respond?
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Answer Elon Musk wants Coinbase to include Dogecoin! Will you respond?
Yesterday, a Twitter user asked a question that caught the attention of the CEO of Tesla:
Do you think Coinbase should include Dogecoin on its platform?
Elon Musk answered in one word:
yes!
Elon Musk is no stranger to cryptocurrencies.
In early February, a filing from the US Securities and Exchange Commission revealed that Tesla had bought $1.5 billion in Bitcoin.
Prior to that, “Elon” was repeatedly promoting the digital currency “DOGE”, which caused the price of the currency to rise by almost 40% within half an hour of posting the tweet, but the performance of the currency is not affected as significantly as it was with “Musk” tweets. .
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Elon Musk is not alone in being optimistic about DOGE.
There are even many famous people who do this as well.
Earlier this year, rapper Lil Yakti announced that he had invested a third of his savings in cryptocurrency DOGE.
The following month, musician Gene Simmons and hip-hop singer Snoop Dogg joined forces with DOGE.
revealed some data Recently, Dogecoin is more popular than Bitcoin on Twitter.
The media momentum around the digital currency “DOGE” pushed its price from $0.0078 to $0.074 by February 8, after which the price of the coin fell to $0.061 at the time of preparing this article.
Will Coinbase Respond and List Dogecoin?
Coinbase has always been slow to introduce new cryptocurrencies for trading on its platform.
While Binance, the Asian competitor to Coinbase, focuses on adding as many cryptocurrencies as possible.
While “Coin Piece” included a smaller number and with a careful study, it aims to satisfy the regulators on its soil (USA).
Not seeing any returns that might come from the inclusion of the digital currency that started as a joke, Coinbase executives quickly forgot about their plans to enable DOGE trading on the platform.
Read:Bitcoin price drop below $50,000 caused $100 million to be liquidated in 10 minutes
Coinbase started adding more cryptocurrencies starting in 2018, but it never came close to Dogecoin.
What can be said is that Coinbase lost billions for not hosting Dogecoin.
But given the cryptocurrency’s volatility, Coinbase may have just protected its reputation as it sees itself as the white knight of cryptocurrency.
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