If Dogecoin does become listed on Coinbase that could mean serious growth for the cryptocurrency not just in the market but in user base. Adam White, the Vice President of Coinbase, noted "...exchanges that provide advanced trading features and meet regulatory requirements are most likely to succeed...". Dogecoin has been known as a joke currency for some time and only recently has the general public's eye of dogecoin shifted to a more serious tune. Coinbase has been known to just carry the most stable coins on its markets, and if Dogecoin becomes accepted, that could pave the way for long term growth within the community.
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Dogecoin is currently ranked 20th (according to CoinMarketCap) with a market capitalization of $610 million USD (96,817 BTC).
Ross Nicole, a Dogecoin core developer member, stated that, “The DOGE team is getting ready to put their submission for listing on Coinbase for Dogecoin.”, this comes after a successful test of the Dogecoin-Ethereum bridge which boosted Dogecoin's integrity. while allowing for some possible interesting features down the road with Ethereum smart contracts. Prior to the bridge, Dogecoin was ranked anywhere between 35-50 on CoinMarketCap by market capitalization. The Dogecoin community as a whole has been quite ramped up about the recent moves and the great news. Might be time to think about Dogecoin.
(Updated October 12, 2018 @ 11:20 AM EST)
