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Will Dogelon Be Listed on Coinbase?

Photo from @dogelonmars on Twitter

2021 has been the year of decentralized finance (defi), non-fungible tokens (NFTs). The introduction of meme tokens also became a global phenomenon in 2021. For instance, as of the first week of August, roughly 30 dogecoin-like crypto assets existed, a number which currently stands at 45 with terms like “dog,” “Shiba,” and “inu” in their names. Many of these coins have seen astronomical gains this year, outperforming some of the most sophisticated blockchain assets. 

Dogelon (CRYPTO: ELON), one of the new school meme coins, is an Elon Musk-inspired cryptocurrency built on the Ethereum blockchain. Dogelon is a blend of Dogecoin and Dogecoin investor and fan Elon Musk, the founder of Tesla.

Riding on the wave of success that is associated with Meme coins, Dogelon in short few months has surged into the 100 top cryptocurrencies listed by market capitalization and currently sits in the #98 position. It has proved to be an emerging albeit unstoppable force in the crypto space and with backing from Software Developers turned Crypto expert, Elon Musk, millions of people globally continue to queue behind Dogelon.

Although cryptocurrencies have been around for over a decade, the continued growth of space has been likened to a revolution that, among other things, has changed how people view money. Furthermore, it has changed the handling of money and what constitutes value by introducing a decentralized crypto-economy free from government interference or control. However, a primary concern for those in the crypto space has always been the problem of platforms where they can buy and hold their assets. Indeed, platforms like Binance, Opensea have given unrestricted access to popular coins like Bitcoin, Ethereum, although upcoming assets continue to struggle in terms of universal availability. 

While Dogelon Mars continues to enjoy an astronomical rise in its value, acceptance and market capitalization, the question of whether the coin would be available on Coinbase is one that nobody unconnected to the company. But according to the developers, like every other meme-related coin, Dogelons would be available on Coinbase. Although at the moment, Coinbase does not support dogelons, it is believed that it will in the future. 

Coinbase, since its establishment in 2012 has been committed to building the ideal crypto economy – a more fair, accessible, efficient, and transparent financial system enabled by crypto. The company at its inception operated on a radical principle that easily and securely send and receive crypto via a trusted and easy-to-use platform for accessing the broader crypto economy.

With a market capitalization of over $1 billion, Dogelon Mars reached an all-time high of $0.0000023 in value, having only started the month of October at $0.00000005. Also, Dogelon Mars has risen to become the fifth-largest meme-based crypto-assets according to Coingecko’s “Top Meme Tokens by Market Cap” list. The coin has in the last 30 days risen by almost 3,930% in value.

Be a part of the Meme-coin revolution or buy and hold Degelon like any other crypto asset, and more importantly thanks to its immense speed. Join the conversation about Dogelon Mars and every conversation via their Twitter page.

Opinions expressed by Market Daily contributors are their own.