Dogecoin seems to be holding on for dear life. The whole market is being dragged down by the weekly crypto corrections. This is happening again, and DOGE is taking a hit.
The latest Doge coin news could help get it back on its feet.
Coinbase, one of the most popular exchanges in the U.S. added support for Dogecoin just a week ago. The exchange is trying to encourage large transactions on its platform. Users who buy or sell $100 in DOGE can enter for a chance to win $300,000 worth of the coin.
The meme coin is going to be listed on a new exchange, namely Revolut. Since the price of the coin began to go up in April, DOGE fans have been bombarding exchanges to list it.
Revolut seeks to aggregate different currencies into a single wallet. In April alone, the app added 11 new crypto coins.
“One of the most popular user requests over the past couple of months has been to add Dogecoin and we have answered the call,” says Ed Cooper, head of crypto at Revolut.