Tesla CEO Elon Musk Wants Coinbase to List Dogecoin

Published 03/14/2021, 08:11 AM
Updated 03/14/2021, 08:30 AM
Tesla CEO Elon Musk Wants Coinbase to List Dogecoin
TSLA
-

  • Tesla (NASDAQ:TSLA) CEO Elon Musk said that he wants Coinbase to list Dogecoin on its platform
  • When this happens, Coinbase will drive DOGE adoption with institutional investors.

Tesla CEO Elon Musk said that he wants Coinbase to add Dogecoin (DOGE) services on its peer-to-peer (P2P) crypto exchange. When this happens, Coinbase will drive DOGE exposure to institutional investors globally.

Elon said this with respect to a question asked on Twitter. In relation to the question, the Twitter community asked Elon if Coinbase will add Dogecoin to its platform.

When Musk saw the question, he responded “Yes”.

In addition to Elon’s recent tweets and hype on Dogecoin, it seems that he actually keeps an eye on the crypto asset.

Also, Dogecoin adoption is soaring thanks to Musk’s many supportive tweets. Recently, Elon took to Twitter, where he wrote “Literally…..On the moon.” He also changed his Twitter bio to “Doge all day, Doge all night.” which caused massive hype recently.

Additionally, basketball team Dallas Mavericks has disclosed that they are now accepting DOGE payments.

This means that individuals can go cashless and pay for tickets and merchandise using Dogecoin. Aside from Dallas Mavericks, leading sports brand Wooter Apparel and medical supplier CovCare have also added Dogecoin as their means of payment.

Dogecoin price is $0.062332 with a 24h trading volume of $2,707 at the time of writing, according to CoinGecko.

This article first published on coinquora.com

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.