Major American cryptocurrency exchange and wallet service provider Coinbase has added support for DOGE to its Coinbase Wallet
American major cryptocurrency exchange Coinbase has added support for Dogecoin (DOGE) to its crypto wallet support Coinbase Wallet, according to an announcement published on May 1.
The statement states that consumers can store DOGE in the Coinbase Wallet program. The coin thus joined other digital currencies — bitcoin (BTC), ethereum (ETH), bitcoin money (BCH), ethereum classic (ETC), Ripple (XRP), Stellar Lumens (XLM) — already supported by the wallet. The pocket supports the DOGE Testnet.
DOGE was originally devised in 2013 as a joke money, the logo of which includes the likeness of a shiba inu puppy from the “doge” meme. It’s inventor Jackson Palmer purportedly invented the token to poke fun at the hype surrounding cryptocurrencies in Silicon Valley at the moment.
Last September, CEO of SpaceX and Tesla Elon Musk asked Palmer to help him fight”annoying” cryptocurrency scammers on Twitter. In response, Palmer delivered Musk a script he purported could help fight the problem.
At press time, DOGE is the 27th largest cryptocurrency on CoinMarketCap by market capitalization. The coin is now trading at $0.002, having gained 3.2% over the past 24 hours. DOGE’s market capitalization is around $309 million, while its daily trading volume is around $33.8 million.
In March, Coinbase introduced an agency to connect users’ reports on its main platform to Coinbase Wallet program. The wallet can be connected from the account to accounts on its platform for transfers to the wallet.
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