Elon Musk Hopeful in Dogecoin Acceptance

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There are many celebrities and personalities in the cryptoasset space such as William Shatner, Mel B and The Game. However, few have as much sway in the industry as one of the richest people in the world, CEO of Tesla and SpaceX, Elon Musk, who recently declared his expectation of Dogecoin (DOGE) being listed on Coinbase. It is believed that such a listing would catapult the acceptance of DOGE with investors.

Musk believes it is a requirement for Coinbase to feature Dogecoin on their cryptoasset platform. Implication of such a listing on the Coinbase platform for Dogecoin would be huge boost in awareness with investors worldwide.

It is unsurprising that serial tweeter Musk was responding to a Twitter question put forth. Passionate members of the Dogecoin community were interested in the opinions of Musk, asking if he believed Coinbase would add Dogecoin capabilities to their service.

A simple “Yes” was the response from the CEO.

It has long been known that Musk has a soft spot for Dogecoin, even at times declaring himself the CEO of Dogecoin in a tongue in cheek way. It is however now clear, that Musk takes Dogecoin very seriously with an eye to invest in the cryptocurrency in the not-too-distant future.

Interest and awareness of Dogecoin is at all-time highs, in part thanks to Musk and his many positive tweets regarding the cryptocurrency. In a recent post to Twitter he stated “Literally…on the moon”, a nod to the popular meme in the crypto space and his Tesla Space X project. In another move that generated Immense interest and hype for Dogecoin, Musk changes his Twitter bio to include the phrase “Doge all day. Doge all night”.

The good news keeps coming for Dogecoin, it was recently announced that NBA team Dallas Mavericks were starting to accept transactions of the cryptoasset.

Fans of the Dallas Mavericks are now able to pay for stadium tickets, memorabilia and food items using Dogecoin. In addition, many other institutions have Implemented Dogecoin transactions for purchases, these include sporting apparel and pharmaceutical businesses.

The current value of Dogecoin is $0.3237 with a daily trading rate of $2,027,916,476 at time of publication, according to CoinMarketCap and you can buy the asset from UK-based trusted Cryptoasset brokerage, BC Bitcoin!