It’s been a wild ride for Dogecoin (DOGE) over the past few months. The meme-based cryptocurrency has surged in popularity and price, with its market capitalization rising from around $US50 million at the start of 2021 to over $US10 billion currently.
The question on many investors’ minds is whether Coinbase, the largest US-based cryptocurrency exchange, will list DOGE.
Coinbase has been tight-lipped about whether it intends to list Dogecoin, but there are a few factors that suggest it might happen. For one, Coinbase recently announced that it would list a number of new assets on its platform in the near future, and DOGE is one of the most likely candidates.
Secondly, Coinbase CEO Brian Armstrong is a known admirer of Dogecoin, and he has even tweeted about it in the past. Finally, listing DOGE would be a coup for Coinbase in its ongoing rivalry with Binance, the world’s largest cryptocurrency exchange by trading volume.
At this point, it’s impossible to say for certain whether Coinbase will list Dogecoin, but the odds seem to be increasing by the day. If it does happen, it would be a major boost for DOGE’s already impressive price rally.
Dogecoin (DOGE) has seen an impressive price rally in recent months, with its market capitalization rising from around $US50 million at the start of 2021 to over $US10 billion currently. The question on many investors’ minds is whether Coinbase, the largest US-based cryptocurrency exchange, will list DOGE.
While Coinbase has not yet announced any plans to do so, there are a few factors that suggest it might happen. Listing Dogecoin on Coinbase would be a major boost for the cryptocurrency’s price rally.