Crypto News

Elon Musk Wants Coinbase To List Dogecoin

Elon Musk wants Coinbase to list the cryptocurrency Dogecoin (DOGE)

Tesla CEO Elon Musk took to Twitter to express his desire for crypto exchange Coinbase to list meme cryptocurrency Dogecoin (DOGE).

“Yes!” he tweeted in response to a follower’s question of whether he’d like to see Coinbase list Dogecoin. It was one of several DOGE-inspired tweets by Musk over the weekend.

On Saturday, Musk tweeted “Doge day afternoon,” and proceeded to describe the “Origin of Doge Day Afternoon.” He also shared that he plans to get a Shiba Inu, which is the unofficial mascot of the cryptocurrency.

Elon Musk Tweets about Dogecoin

While Musk has regularly tweeted about DOGE, he said his posts are not meant to be taken seriously. “Occasionally, I make jokes about Dogecoin but they are meant to be jokes.” He said during a Clubhouse interview. “Dogecoin was made as a joke to make fun of cryptocurrencies. Obviously.”

A listing on Coinbase would expose DOGE to millions of news investors. Currently, the altcoin can be purchased, held and sold on Robinhood. And other smaller exchanges.

However, Bitpay recently added DOGE to its list of supported cryptocurrencies. And a growing number of crypto ATMs now support the token as well.

DOGE adoption has increased in recent weeks. With Dallas Mavericks owner Mark Cuban now accepting the cryptocurrency as payment for tickets and merchandise.

“The Dallas Mavericks have done more than 20,000 dogecoin in transactions. Making us the largest Dogecoin merchant in the world,” Cuban tweeted last week.

He added: “We thank all of you and can only say that if we sell another 6,556,000,000 Dogecoin worth of Mavs merch. Dogecoin will definitely hit $1.”

Mark Cuban believes Dogecoin will reach $1 USD

In addition to Cuban’s Mavericks accepting Dogecoin as a payment method. Leading sports brand Wooter Apparel and medical supplier CovCare announced support for the altcoin.

Dogecoin price up 6.7% in last 24 hours

At press time, DOGE was trading at just under $0.06. Which marks a 6.7% gain from the previous day.

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Matt Borelli

Matt Borelli is a staff writer at CoinChapter, covering the daily developments in the cryptocurrency world. He is a Bitcoin enthusiast and proud Dogecoin holder. When not reporting on the latest cryptocurrency news, Matt can be found at the nearest baseball stadium.

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