In line with an official ‘announcement‘ published, renowned cryptocurrency exchange Coinbase has now added support for new ‘atlcoin‘ DOGE [Dogecoin] to its crypto wallet service named ‘Coinbase Wallet’.
The ‘announcement‘ further adds that the users are now permitted to store DOGE directly within their Coinbase wallet application. The coin thus joined other existing crypto currencies namely Bitcoin [BTC], Ether [ETH], Bitcoin Cash [BCH], Ethereum Classic [ETC], Ripple [XRP], Stellar Lumens [XLM]. The wallet also conjointly supports the DOGE Testnet.
DOGE was ‘launched‘ earlier in 2013 as a joke currency, the symbol of which resembled the likeness of a shiba inu dog from the “doge” meme. The founder of the coin ‘Jackson Palmer’ supposedly made-up the token to poke fun at the hype encompassing cryptocurrencies in the Silicon Valley at that time.
Earlier in Oct., chief operating officer of SpaceX and Tesla ‘Elon Musk’ asked Palmer to assist him in ‘combating‘ the annoying cryptocurrency scammers on Twitter. In reply, Palmer sent Musk a script that he supposed could be helpful in combating such issues.
At the reporting time, DOGE is ranked as the 27th largest cryptocurrency on CoinMarketCap by market cap. The coin is presently trading at a price around ‘$0.00267 USD‘, having gained over 4.7% over the past twenty four hours. DOGE’s market cap is around $309 Mln, whereas its daily trading volume is around $33.8 Mln.
Even in March, Coinbase ‘introduced‘ a service to link users’ accounts on its main platform to ‘Coinbase‘ wallet application. The wallet can be now linked to accounts on its main platform for faster transfers from the main account to the wallet.