No End In Sight To Dogecoin (DOGE)’s Success Story.

In a landmark move the Crypto Exchange giant Coinbase, last week integrated the Dogecoin into its wallet. The great significance of this development …

With a very humorous beginning, it hardly seemed plausible that the Dogecoin would be taken serious in the Crypto world. Yet, five years down the line, Dogecoin has literally taken the Crypto world by storm, surpassing every wild expectation even from its development team.

In a landmark move the Crypto Exchange giant Coinbase, last week integrated the Dogecoin into its wallet. The great significance of this development is underscored by the fact that even a founding member of the Dogecoin didn’t see this coming.

Palmer Debunks Coinbase Possibility

In October, its co-founder Jackson Palmer debunked rumours of a possible Coinbase listing, saying that the legal documentation required to achieve this was virtually impossible to assemble. “It’s by no means likely that they’ll get it,” he said.

Also the lead developers at Dogecoin, Ross Nicoll, exclaimed, “Coinbase integrating Dogecoin into its wallet was a surprise to me!”.

Also Read: Fundstrat’ Tom Lee: Bitfinex’ $1 billion IEO has Negative Impacts on Bitcoin (BTC)

While the Dogecoin development team indeed tried getting in touch with Coinbase in the past to explore the possibility of a partnership, recent attention from Tesla owner Elon Musk might have been a helpful stimulus.

Maximilian Keller, another Dogecoin dev, had this to say: “We did try to contact Coinbase, but not very seriously,”, “But integration into their wallet, that just happened out of the blue, pretty much”. On April 2 Musk tweeted, “Dogecoin might be my fav cryptocurrency. It’s pretty cool”. Certainly, that was a helpful boost coming from a heavyweight influencer.

The future is dreamily bright.

With Coinbase listing already in the bag, Dogecoin developers are looking forward to bigger things, ultimately hoping that it would become a widely-adopted useful alternative currency.

Also Read: Winklevoss Twins Set Out Big Bounty Bitcoin (BTC) Giveaway. Here’s How to Participate

That, to say the least, is no longer unimaginable. Dogecoin, which was founded by Palmer and Billy Markus as a hobby project with the original intention to make a mockery of Bitcoin, has quickly caught the fancy of crypto enthusiasts. Several Doge-integrated applications and games such as Dogepal and Doge Racer are already in use.

TelegramTelegram

Prospects for the wider adoption of Dogecoin are indeed looking bright, and it is forecasted that Coinbase adding Dogecoin to its wallet will offer a good push in that direction.

Disclaimer: this article is not a financial advice and should not be used as one. It is only written for informational purpose. Do personal research, by contacting financial experts, before investing in any crypto.

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The surprising success of Dogecoin

In October, Doge’s estranged co-founder, Jackson Palmer, told Decrypt that rumors of a Coinbase listing were just that, and noted that the legal …

Despite having begun as a joke, cryptocurrency Dogecoin banged the golden gong late last week, scoring a bona fide integration with the popular Coinbase Wallet.

The success of this doge-and-pony show (without a pony) has been as surprising to the Dogecoin team as it’s been to crypto pundits. In October, Doge’s estranged co-founder, Jackson Palmer, told Decrypt that rumors of a Coinbase listing were just that, and noted that the legal documentation Coinbase required was almost impossible to assemble. “It’s by no means likely that they’ll get it,” he said then.

Even after the listing last week, Ross Nicoll, one of Dogecoin’s lead developers, was just as amazed: “Coinbase wallet adding Dogecoin was a surprise to me, certainly. One of the fun parts of working in a decentralized project is sometimes others just grab a task and run with it, though, so I can’t swear no one external was involved.”

Maximilian Keller, another Dogecoin dev, said much the same. “We did try to get in contact with [Coinbase], but not very seriously,” he said. “But integration into their wallet, that just happened out of the blue, pretty much.”

Good doge

But Nicoll was also a little unsurprised.

“We’ve long hoped Coinbase would adopt Dogecoin, and I hope our enthusiasm contributed to the decision,” he said. “Given the timing, I suspect a combination of the recent attention from Elon Musk, and the release of a 1.14 release candidate have helped. Probably some combination of all three.”

The coin has been a crypto favorite from its inception. Co-founders Palmer and Billy Markus launched Dogecoin as a hobby project in 2013 mostly to satirize bitcoin and the upswell of investment in crypto. Dogecoin’s enormous money supply (100 billion coins), ensured that each unit would carry a low price, with correspondingly low transaction fees. Though its founders decamped, Dogecoin carried on.

“I just moved into a new apartment and bought Ikea gift cards with Dogecoin. I bought half of a sofa.”

Musk’s April 2 “endorsement” certainly was well timed. The SEC-monitored perennial tweeter announced, “Dogecoin might be my fav cryptocurrency. It’s pretty cool,” causing a relative social media sensation.

But Coinbase Wallet Product Lead Sid Coelho-Prabhu, told Decrypt the listing was in fact a response to “customer demand.”

A working doge

That’s not especially surprising. Unlike a lot of high-falutin’ but ultimately unused projects in the cryptoworld, people are actually using Dogecoin. There are already Dogecoin-integrated apps like Dogepal, a PayPal-like app, and, yes, Doge Racer, a Wacky Racers-style game that pits doges against doges. One putative set back: Dogethereum—a bridge that would allow doge holders to easily swap their coins for Ether—was put on hold when the price of Ether crashed last year.

Still, the devs are dreaming of bigger things. Do Nicoll and Keller, like the Bitcoiners, believe that Dogecoin will eventually replace the U.S dollar as the global reserve currency?

“That’s not something that we can do much about as developers,” said Keller. But, he added, there is hope that Dogecoin will at least become useful as an alternative currency. “Because Dogecoin has this utility as being actually used as a currency, a lot of stores list Dogecoin and exchanges list it.”

“I just moved into a new apartment and bought Ikea gift cards with Dogecoin,” he said, as an example. “I bought half of a sofa.”

Half of a sofa? He clarified: He bought a full sofa, then paid for half of it with gift cards bought with Dogecoin on Bitrefill, a website that provides such things.

Teaching an old doge new tricks

Nicolls, for his part, isn’t so worried about wider adoption. “I can’t speak for the others but I got into Dogecoin because I liked the idea of cryptocurrency but wanted something friendlier and less political, and I think Dogecoin embodies that role well,” he said. “I’d love to see wider adoption, and hope Coinbase wallet adding Dogecoin is part of that.”

He doesn’t even own any real world, honest-to-God Shiba Inus, the meme-dog Dogecoin is named after. “Sadly I live in a pet-free building right now, but love seeing the photos of everyone else’s doges!” he said.

Much fair enough. Wow.

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Dogecoin (DOGE) May Hit $1 By The End Of Year After Coinbase Wallet Support – Bitcoin Price to …

Coinbase Wallet already supports Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, XRP, Stellar Lumens, and over 100,000 different ERC20 tokens …

On Wednesday, America’s most popular cryptocurrency exchange, Coinbase, added support for Dogecoin on its wallet app. Now, Dogecoin holders can store their DOGE tokens on the Coinbase Wallet.

Coinbase is a reputable cryptocurrency company. Over the years, many cryptocurrencies have enjoyed extra credibility, adoption, and price surge by getting listed on Coinbase or being added to the Coinbase Wallet app. This is called the Coinbase effect and Dogecoin is going to enjoy it too. Coinbase has a reputation of listing only the cryptocurrencies with the highest prospects. This is why users tend to be more inclined to buy a cryptocurrency that is listed on Coinbase.

Per the announcement, all Coinbase customers with Android and iOS devices will be able to use DOGE in from next week. Following the announcement, Siddharth Coelho-Prabhu said;

“Our goal with Coinbase Wallet is to create the world’s leading user-custodied crypto wallet. Coinbase Wallet already supports Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, XRP, Stellar Lumens, and over 100,000 different ERC20 tokens and ERC721 collectibles built on Ethereum. Adding support for DOGE is an important next step toward our goal.”

This announcement comes shortly after Coinbase announced the release of a feature that allows its customers to store encrypted versions of their private keys on their cloud accounts on iCloud or Google drive. The private keys can easily be accessed through the Coinbase Wallet app using a user’s password. Shortly after this feature was released, critics bashed Coinbase as they considered the method of storage unsafe.

Dogecoin Price Prediction 2019

As soon as Coinbase announced that it will be enabling support for Dogecoin in its wallet app, the price of Dogecoin spiked against the USD. While the spike wasn’t too high, it was encouraging to investors considering the recent loses. In the future, this support is only going to increase the adoption of Dogecoin and boost its price accordingly.

At the time of writing, the price of Dogecoin was trading at $0.002547. This means that it is up by 1.86% against the USD and up by 1.03% against the price of Bitcoin. The trading volume over a 24 hour period is $28,889,775 and the market capitalization is $303,939,705. If the Dogecoin projection continues to be positive, the price of the cryptocurrency will continue rising. Before the end of the year, Dogecoin may sell as high as $1 as stated in our previous Dogecoin price prediction 2019.

Dogecoin (DOGE) News – Dogecoin (DOGE) Price Analysis

Dogecoin has made unbelievably progress since it was created. Now, the Dogecoin projections, and Dogecoin price prediction 2019 are bullish due to the positive Dogecoin news that has been surfacing on the internet. Dogecoin has excelled rapidly and is now one of the most popular cryptocurrencies on the space.

According to the latest DOGE price analysis on cryptonewsz; analysts’ predict that if DOGE sustains the bear run, then it would do well next year. Strong fundamental features like faster transaction speed, low transaction costs, and high security make it one of the most attractive coins for investors to invest in. Its growing intrinsic value will help pull in institutional investors. Also, it is listed on Trust Wallet; this is a major boost for Dogecoin because Trust Wallet lists only those cryptocurrencies which show potential.

The coin is also developed with social well-being in mind; it is always giving to charity. Dogecoin’s price swings are related to Bitcoin’s price swings. If Bitcoin is going for another bullish trend, then DOGE is set to follow it.

Two main factors are going to affect the price of Dogecoin in the near future; one is the entry of new investors and second is the linear growth of the crypto market as a whole. It is one of the most consistent coins and this has helped it to consolidate its position in the market.

Bitcoin Price Has to Break Above $6,400 to Confirm Bull Market

While everyone is drooling over the possibility that the long-awaited bull run is already there, according to the latest Bitcoin news on u.today; well-known crypto trader Alex Krüger wants the Bitcoin bulls to hold their horses. The top cryptocurrency has to touch $6,400 in order to make sure that crypto winter has yielded to spring. When we look at the bullish trend it seems that the long-lasting crypto winter is finally thawing. The fact the top coin Bitcoin has turned bullish on its weekly timeframe shows that we could be in the middle of another bull run.

Bitcoin (BTC) Price Today – BTC / USD

Name Price 24H (%)

bitcoin
Bitcoin(BTC)

$5,662.00

Find All Charles Hoskinson, Facebook and Cryptocurrency, Facebook Stock, Celo Crypto, Freebitco, Tether Cryptocurrency News, Nasdaq Ripple News in Smartereum.com

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Coinbase Wallet Adds Dogecoin (DOGE) Support

The Coinbase Wallet app will support direct deposits and withdrawals of Dogecoin (DOGE), the team announced on its blog. The addition of DOGE is …

The Coinbase Wallet app will support direct deposits and withdrawals of Dogecoin (DOGE), the team announced on its blog. The addition of DOGE is part of the drive for the Coinbase wallet to include multiple digital assets. While the Coinbase brokerage still offers a limited selection of assets, Coinbase Wallet and Coinbase Custody are expanding more aggressively.

DOGE is a digital coin that has retained its popularity despite its origins as a meme coin, and no intentions of fighting for a high market price. DOGE has peaked above $0.01 in the past and staged some significant rallies as a speculative asset. On niche exchanges, DOGE is used in base pairs.

The Coinbase wallet will also offer access to the Dogecoin testnet for developer purposes. Around 50% of all DOGE volumes are against Bitcoin (BTC), with a 30% share of Tether (USDT) pairs. As of 8:30 UTC on Thursday, DOGE traded at $0.0025, on volumes of $29 million’s equivalent.

The Coinbase Wallet itself gives no access to brokerage services. DOGE has been dismissed from brokerages and some exchanges, as its supply is unlimited and the price may be too volatile. The coin is co-mined with Litecoin, and until now, more than 119 billion coins were created – somewhat matching the supply of coins like TRON (TRX). But new DOGE will be created in perpetuity.

Recently, DOGE was proposed for voting as an addition to the Bitpanda brokerage but lost the community vote to TRON (TRX).

DOGE now trades on relatively unknown exchanges, with significant volumes on CoinEgg and Fatbtc. DOGE also has fiat pairs with the Chinese yuan, the US dollar, and small-scale activity against the euro.

In the past, DOGE has seen significant volatility, spiking and falling prices against BTC. The coin retains its fanbase with Asian users and traders but has lost its appeal with the inflow of new, more serious coins or tokens with clear use cases.

by Christine Masters, 1 hr ago

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Dogecoin Price Prediction 2019: Coinbase Wallet Support Is Going To Change The Game For …

On Wednesday, America’s most popular cryptocurrency exchange, Coinbase, added support for Dogecoin on its wallet app. Now, Dogecoin holders …

Dogecoin has made unbelievably progress since it was created. Now, the Dogecoin projections, and Dogecoin price prediction 2019 are bullish due to the positive Dogecoin news that have been surfacing on the internet. Dogecoin has excelled rapidly and is now one of the most popular cryptocurrencies on the space. On Wednesday, America’s most popular cryptocurrency exchange, Coinbase, added support for Dogecoin on its wallet app. Now, Dogecoin holders can store their DOGE tokens on the Coinbase Wallet. What does this mean for Dogecoin? How will Coinbase impact the Dogecoin price prediction 2019 or the Dogecoin projection beyond 2019? These questions will be answered in our Dogecoin news today.

Dogecoin Price Prediction 2019 – Dogecoin News Today – Dogecoin Projections – Coinbase Wallet Adds Support For Dogecoin

Per the announcement, all Coinbase customers with Android and iOS devices will be able to use DOGE in from next week. Following the announcement, Siddharth Coelho-Prabhu of Coinbase said;

“Our goal with Coinbase Wallet is to create the world’s leading user-custodied crypto wallet. Coinbase Wallet already supports Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, XRP, Stellar Lumens, and over 100,000 different ERC20 tokens and ERC721 collectibles built on Ethereum. Adding support for DOGE is an important next step toward our goal.”

This announcement comes shortly after Coinbase announced the release of a feature that allows its customers to store encrypted versions of their private keys on their cloud accounts on iCloud or Google drive. The private keys can easily be accessed through the Coinbase Wallet app using a user’s password. Shortly after this feature was released, critics bashed Coinbase as they considered the method of storage unsafe.

Dogecoin Price Prediction 2019 – Dogecoin Coinbase Listing – Dogecoin News Today – How Will This Coinbase Support Affect The Dogecoin Projection?

Coinbase is a reputable cryptocurrency company. Over the years, many cryptocurrencies have enjoyed extra credibility, adoption, and price surge by getting listed on Coinbase or being added to the Coinbase Wallet app. This is called the Coinbase effect and Dogecoin is going to enjoy it too. Coinbase has a reputation of listing only the cryptocurrencies with the highest prospects. This is why users tend to be more inclined to buy a cryptocurrency that is listed on Coinbase.

Bitcoin (BTC) Price Today – BTC / USD

Name Price 24H (%)

bitcoin
Bitcoin(BTC)

$5,405.00

As soon as Coinbase announced that it will be enabling support for Dogecoin in its wallet app, the price of Dogecoin spiked against the USD. While the spike wasn’t too high, it was encouraging to investors considering the recent loses. In the future, this support is only going to increase the adoption of Dogecoin and boost its price accordingly.

At the time of writing, the price of Dogecoin was trading at $0.002547. This means that it is up by 1.86% against the USD and up by 1.03% against the price of Bitcoin. The trading volume over a 24 hour period is $28,889,775 and the market capitalization is $303,939,705. If the Dogecoin projection continues to be positive, the price of the cryptocurrency will continue rising. Before the end of the year, Dogecoin may sell as high as $1 as stated in our previous Dogecoin price prediction 2019.

What do you think about the Dogecoin price prediction 2019 in our Dogecoin news today? Will the Coinbase Dogecoin listing help boost the Dogecoin projection? Share your thoughts in the comment section below.

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