Tuesday, 26 October 2021

Dogecoin now on Coinbase

LONDON – Dogecoin’s price dropped significantly after setting an impressive record, trading at $0.73 in early May. The cryptocurrency is currently rated the sixth-largest crypto in the world with a market capitalization of $48.7 billion, per CoinDesk.

The meme crypto Dogecoin has increased in price after exchange platform Coinbase added it to their market. It currently stands at $0.38, according to CoinDesk. 

The platform on Thursday also launched a draw to attract more users. Coinbase is offering $300,000 in Dogecoins for one winner, $30,000 for ten, and $100 for 6,000 participants. 

“Dogecoin is now on Coinbase, and we’re giving away $1.2 million in prizes to celebrate. Opt in and then buy or sell $100 in DOGE on Coinbase for your chance to win”, the platform says. 

​Crypto investors tweeted their aspirations and hopes for the next hike in price. 

Some users were upset to witness a decrease in price, as Dogecoin was trading at $0.44 shortly after joining Coinbase. 

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