Ross Nicoll, one of Dogecoin’s core developer, hinted in an exclusive interview with Blokt, about the team’s plan to get Dogecoin listed on Coinbase. According to him, ever since Coinbase relaxed its listing criteria, Dogecoin team has been considering to apply for inclusion. They plan to submit Dogecoin in the near future but can’t say whether Dogecoin would be listed.
Dogecoin was founded as a joke to raise awareness on cryptocurrencies. But instead of staying as a joke, the project soon became one of the biggest cryptocurrencies in the market. The project is worth $607 million currently. According to Ross Nicoll, Dogecoin’s vibrant and fun community has been responsible for the token’s tremendous rise in the cryptocurrency market.
Coinbase is currently the largest exchange in the US and getting a token listed on Coinbase immediately pushes the price of the token up. Rumours regarding Ripple getting listed on Coinbase propelled the price of Ripple close to $1.
Ross Nicoll also clarifies on rumours regarding possible UPS and Amazon integration. He said,
“We’re obviously enthusiastic about any new adoption and would love to talk to UPS and Amazon about how this might work, but so far no-one at either company has reached out to us”
Due to the coin being named after a meme, the general cryptocurrency community does not take the coin seriously. But deep down, Dogecoin has a serious potential to become the cryptocurrency of the general internet.
More than a billion memes are consumed every month. Based on the popularity of memes, Dogecoin can act as a reward mechanism to meme creator, an industry which no one has been able to successfully tap.
Why is Dogecoin rising?
Dogecoin is the 20th largest cryptocurrency in the market. The complete decentralized community and fun development team is the answer to Dogecoin’s rise. Dogecoin team also makes it a habit to regularly inform their investors on the latest development on the project. The Dogecoin Ethereum bridge which will allow DOGE to be transferred to Ethereum Blockchain and back will open new avenues for the trading of Dogecoin.
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