Spacex and Tesla CEO Elon Musk once again tweeted in support of dogecoin. He wants the crypto exchange Coinbase to list the cryptocurrency and says he will receive a Shiba Inu, the breed of dog that appears as the face of the dogecoin. Meanwhile, the currency’s adoption is growing, championed by celebrities like Mark Cuban.
Elon Musk Wants Coinbase to List Dogecoin
Elon Musk wants the Coinbase cryptocurrency exchange to add dogecoin to his list of supported cryptocurrencies.
A question was asked to Musk on Friday on Twitter about Coinbase’s dogecoin listing. The user wrote: “Hello Elon, I saw a report saying that Coinbase was used to purchase the Tesla BTC (good entry by the way). Do you think Coinbase should enable dogecoin on its platform? This would allow many people to easily access DOGE. ”The Spacex CEO replied simply:“ Yes ”with an exclamation point.
Coinbase does not currently support dogecoin, a meme currency with Shiba Inu. The crypto exchange is set to be made public through a direct Nasdaq listing. His valuation jumped to more than $ 100 billion before the IPO.
On Saturday, Musk tweeted “Doge’s Day in the afternoon” and went on to describe the “Origin of Doge’s Day in the Afternoon”. Tesla’s CEO wrote: “The ancient Romans sacrificed a dogecoin in the early Doge Days to appease Sirius’ fury, believing that the star was the cause of the hot, muggy weather.”
He continued:
Why are you so dogematic, they ask … I’m getting a Shiba Inu #resistanceisfutile.
Musk was elected CEO of dogecoin in a 2019 Twitter poll, but he said earlier that all of his dogecoin-related tweets should not be taken seriously. “Occasionally, I make jokes about dogecoin, but they are meant to be jokes. Dogecoin was made as a joke to make fun of cryptocurrencies. Obviously, ”Musk revealed during an interview at the Clubhouse, where he also questioned Robinhood’s CEO about Gamestop.
The adoption of Dogecoin was driven by Musk’s various tweets and the support of celebrities such as Shark Tank star Mark Cuban. Bitpay recently added DOGE to its list of supported cryptocurrencies and an increasing number of encrypted ATMs now support dogecoin.
The Cuban NBA team, the Dallas Mavericks, has been accepting dogecoin for tickets and merchandise through Bitpay. On March 6, he tweeted:
The Dallas Mavericks has already made over 20,000 dogecoin transactions, making us the largest dogecoin trader in the world.
“We thank all of you and we can only say that if we sell another 6,556,000,000 dogecoin worth of Mavs merchandise, the dogecoin will certainly reach $ 1,” he added. At the time of writing, the DOGE price is below $ 0.06.
Meanwhile, bitcoin bull Mike Novogratz says Cuban is making a mistake in allowing fans of his team to pay with dogecoin. “I think Mark is making a mistake there. He would be better off with 15 other ways to pay for his tickets, ”said Novogratz, expressing concern that investors could be hurt by accumulating funds in dogecoin. “Let’s get people into the best and safest things, not, you know, these joke coins,” suggested the CEO of Galaxy Digital.
Do you think Coinbase should list dogecoin? Let us know in the comments section below.
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