The journey of Dogecoin has been incredible since its inception. Now, the Dogecoin price seems bullish because of the positive news on Dogecoin that circulated on the internet. Dogecoin has excelled quickly and is now one of the most popular cryptocurrencies in space.
DOGE had a negative trend in March, ranging from less than $ 0.001967 to $ 0.002151. The April Fool’s joke plunged the price of cryptocurrency which technically it looked like a big breakthrough – which added nearly $ 49 million to the Dogecoin market in just seven hours.
The meme-based cryptocurrency became the buzzword of cryptoverse when Elon Musk asked on becoming the CEO of Dogecoin, He said “Dogecoin might be my fav cryptocurrency. It’s pretty cool”
Last Month, Dogecoin recently secured its listing on one of the largest cryptocurrency exchange huobi and also got listed on CoinAll cryptocurrency exchange, which gives cryptocurrency Price another push. Now, Coinbase is adding support for DOGE is another new achievement for Dogecoin.
As per the announcement by Coinbase on Wednesday, that Coinbase Wallet app for iOS and Android, is being updated to include Dogecoin (DOGE) support.
Following this, Coinbase Wallet Product Lead Siddharth Coelho-Prabhu shared via a blog post that the “new Wallet update with DOGE support will roll out to all users on iOS and Android over the next week.” This means that “you can now store your Dogecoin (DOGE) directly in the Coinbase Wallet app.”
Siddharth further explained how to activate the DOGE wallet within the Coinbase Wallet app:
“Our goal with Coinbase Wallet is to create the world’s leading user-custodian crypto wallet. Coinbase Wallet already supports Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, XRP, Stellar Lumens, and over 100,000 different ERC20 tokens and ERC721 collectibles built on Ethereum. Adding support for DOGE is an important next step toward our goal.”
Coinbase Wallet “also supports the DOGE Testnet to aid developers and power users” (you can switch between testnet and main net via the Advanced Settings section of the Settings tab).
Will dogecoin increase in value? Let’s take a comprehensive look at Dogecoin potential and speculate dogecoin price in 2020 in our next dogecoin price prediction 2019 and dogecoin price prediction 2020.
Dogecoin Price Prediction
Dogecoin is trading 1.86% up against the USD and up by 1.03% against the price of Bitcoin. The price of Dogecoin was trading at $0.002547 with trading volume over a 24 hour period is $28,889,775 and the market capitalization is $303,939,705.
Looking at the positive aura and worldwide adaptability of Dogecoin, the future appears to be bright, if this positive outlook continues the price of the cryptocurrency will continue rising. Before the end of the year, Dogecoin price may hit its all-time high giving its traders massive returns on their Investment.