Finally DOGE is Listed on Coinbase

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We have been hearing a lot about the Doge coin for the last 6 months and now this coin has finally got listed in coinbase. Many other exchanges have already listed this coin on their platform when they saw the hype in the market. Exchanges usually try to list the coins which get better value and more hype in the market because they do not want to lose out on their revenue through that coin and the same has been happening with doge. Prior to the hype created by Ellen mask for dogecoin very few exchanges had this coin listed but as of date, there would be hardly any exchange that doesn't have doge on their platform.

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Doge listing on coinbase makes the coin even more popular because now it will get more trading volume and it can help this coin to get another price rise. Although its at half of its all-time high price and since this time the crypto market is down so this has been going through the same phase as well.

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Dogecoin was created in 2013 as a lighthearted, meme-inspired alternative to traditional cryptocurrencies. Unlike Bitcoin, which was designed to be scarce, Dogecoin is intentionally abundant — 10,000 new coins are mined every minute with no maximum supply.

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We know that Elon Musk is the only reason behind doge for all this kind of price movement and its difficult to say if he will continue to promote it and we even dont know when he might stop doing it. He has been trying to manipulate the bitcoin prices these days and he must be having some thoughts behind it.

I dont feel happy to see Doge ranked on 6th place by its market cap because its one of the coin that has no fundamental value and it is just a meme coin which has grown significantly only because of market hype. I wish that Elon would have chosen HIVE for this much promotion on the market because this is backed by a growing community and highly strong fundamentals. Hive has a lot of use cases and a growing ecosystem that can make things way better in the coming years whereas doge coin has nothing behind it.

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It's really too funny to see this kind of manipulation happening in the market and I feel that people will stop following Tesla's founder if he continues to do this because after some point of time people start losing trust and this could happen with Elon Musk. The problem is that it is even more difficult to decide whether it is the right time to enter into Ajay because we don't know if it will survive longer or not but with high we can easily do that because we know that coin is the fundamentally strong and growing community is another region that can help it to grow significantly in coming years.

Do you think that the value and kind of attention this coin has got is worth it?

Thank you so much.

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4 comments
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After deciding to launch Dogecoin, I believe that coinbase will be able to attract a much larger audience. Although most of the people who invested in Dogecoin early on took over the popularity of the coin, I feel that there can still be a chance to attract a newer audience and even those who were late.

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I also think that there will more investors coming in since coinbase has a huge user base and it will benefit exchange as well as doge coin price. Lets see how it happens in coming days

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