Coinbase is the latest exchange of crypto to add support to Dogecoin

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COINBASE, the exchange of cryptocurrence that allows users to buy easily, sell, market and hold various cryptocurrences, has added dogcoch to his list. The Cryptocourcy “joke” picked up the speed in an unplanned way years ago when it is launched for the first time, which makes a small number of people very rich while driving others to buy the coins in the hope of reaching a valuation of $ 1 / currency.

COINBASE announced his intention to add the Cryptocurrence of Dogecoin to its portfolio, allowing users to buy, hold and negotiate digital assets. The announcement coincided with a Tweet of Elon Musk indicating that he worked with the developers behind the room to increase his effectiveness.

Dogecoin, once a cryptocurrence joke, found a boost of engagement that increased its value of the dozens of seats, reaching $ 0.56 / coin today. The excitement was fueled by Musk, who regularly commented on the coin at the end, including if Tesla should accept Dogcoin payments and reveal plans to launch the DOGE-1 satellite.

In the midst of this attention, Coinbase is working on creating cryptocurrence at its exchange platform. The company expects to support DOGECOIN at one point in the next six to eight weeks, giving Robinhood – which also allows its users to buy the digital asset – a solid competitor. This can also force Robinhood to keep his Dogecoin Trading Online when things are volatile because consumers can easily turn elsewhere.

Despite the media threshing, the experts warned that DOgecoin is a risky investment; Others warn that the entire cryptocurrence market is currently in a bubble, warned that investors should be ready to lose money they invest in numerical assets.