Elon Musk, the CEO of electric vehicle company Tesla and known as Dogecoin fan,< Do not handle Dogecoin> He said he wants to end the policy and deal with the memecoin cryptocurrency.
On the 13th, a Twitter fan asked Musk, “Do you think Coinbase should activate the cryptocurrency (Dojicoin) trade represented by Shiba Inu on its platform?”, replied “Yes!”
When Dogecoin is listed on Coinbase, it can be exposed to a wider range of new investors and unlock its potential.
Meanwhile, Tesla bought $1.5 billion worth of Bitcoin through Coinbase in February.
Around 4:30 pm domestic time, Dogecoin is trading at 63.47 won, which is a price drop of 8.67% in 24 hours. Dogecoin prices soared more than 600% in January alone, and rose almost 1,130% so far this year.
On the other hand, according to CoinDesk data, Bitcoin has risen more than 100% as of the beginning of the year.
Dogecoin’s rise over the past few weeks has gained momentum as NBA basketball team Dallas Mavericks allowed the use of cryptocurrency as a payment method for tickets and club merchandise products.
In addition, leading sports brand Uther Apparel and medical provider Cove Care recently announced that they will support Dogecoin as an alternative payment method.