Elon Musk Wants Coinbase to List Dogecoin as the Cryptocurrency’s Adoption Grows – Altcoins Bitcoin News


Spacex and Tesla CEO Elon Musk tweeted again in support of Dogecoin. He wants the crypto exchange Coinbase to list the cryptocurrency and says he will get a Shiba Inu, the breed of dog portrayed as the face of Dogecoin. Meanwhile, the coin is gaining acceptance, advocated by celebrities like Mark Cuban.

Elon Musk wants Coinbase to list Dogecoin

Elon Musk would like the Coinbase cryptocurrency exchange to add Dogecoin to its list of supported cryptocurrencies.

On Friday, a question was directed to Musk on Twitter regarding the Coinbase listing of Dogecoin. The user wrote, “Hi Elon, I saw a report that Coinbase was used to buy Tesla BTC (nice entry by the way). Do you think Coinbase should enable Dogecoin on their platform? It would allow a lot of people to easily access DOGE. “The Spacex CEO simply replied,“ Yes ”with an exclamation point.

Coinbase does not currently support Dogecoin, a meme coin with a Shiba Inu. The crypto exchange is to go public via a direct listing on the Nasdaq. The valuation rose to over $ 100 billion prior to going public.

On Saturday, Musk tweeted “Doge Day Afternoon” and described the “origin of the Doge Day Afternoon”. The Tesla CEO wrote, “The ancient Romans sacrificed a doge coin at the start of the Doge’s days to appease Sirius’ anger. They believed the star was the cause of the hot, humid weather.”

He continued:

Why are you so dogmatic, they ask … I get a Shiba Inu #resistanceisfutile.

Musk was voted the CEO of dogecoin in a 2019 Twitter poll, but previously said that all of his dogecoin-related tweets should not be taken seriously. “I make jokes about Dogecoin occasionally, but they’re supposed to be jokes. Dogecoin was made as a joke to make fun of cryptocurrencies. Obviously, ”Musk revealed during a clubhouse interview in which he also grilled Robinhood’s CEO over Gamestop.

Dogecoin adoption was boosted by Musk’s various tweets and support from celebrities like Shark Tank star Mark Cuban. Bitpay recently added DOGE to its list of supported cryptocurrencies, and a growing number of crypto ATMs now support Dogecoin.

The Cuban NBA team, the Dallas Mavericks, has accepted Dogecoin for tickets and goods through Bitpay. On March 6th, he tweeted:

The Dallas Mavericks have completed more than 20,000 Dogecoin transactions, making them the largest Dogecoin trader in the world.

“We thank you all and can only say that if we sell more Mavs Merch worth 6,556,000,000 Dogecoin, Dogecoin will definitely hit $ 1,” he added. At the time of writing, the price for DOGE is under $ 0.06.

Meanwhile, Bitcoin cop Mike Novogratz says the Cuban is making a mistake by making fans of his sports team pay with Dogecoin. “I think Mark is making a mistake there. He would be better off with 15 other ways to pay for his tickets, ”Novogratz said, expressing concerns that investors could be hurt if they pile money into Dogecoin. “Let’s put people in the safest and best things, not these joke coins,” suggested the CEO of Galaxy Digital.

Do you think Coinbase should list Dogecoin? Let us know in the comments below.

Tags in this story

Coin List, Coinbase, Crypto Adoption, Dallas Mavericks, Doge, Dogecoin, Dogecoin Adoption, Dogematik, Elon Musk, Elon Musk Doge, Elon Musk Dogecoin, Mark Cuban, Tesla

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