Coinbase now supports Dogecoin

[terrific]

i never thought that a coin like dogecoin would support from coinbase. that is certainly good for dogecoin, but lets me doubt a little bit about coinbase.  

With a volume of $35M daily, they can't ignore it.
But there will be another coins developer that might be jealous of this act by coinbase.
I don't want to mention the name of that coin. 

[tsaroz]

Coinbase confirmed the next coin to be supported by it's wallet would be Dogecoin.
Now you can store Dogecoin on your coinbase mobile app. The support from coinbase has resulted in a sharp rise in price of Dogecoin in the last 24 hours.

Official announcement
https://blog.coinbase.com/announcing-dogecoin-doge-support-on-coinbase-wallet-5f1163be0493

Market response
https://ambcrypto.com/dogecoin-doge-receives-wallet-support-on-coinbase-notes-17-hike-since-jan-2019/

One of the best thing about dogecoin is it's ease of use. You just don't have to deal with decimals and the transaction fees mostly are of just one dogecoin. Though I'd never use it as a hodling currency or an investment but Dogecoin is a useful tool for crypto users.

[udidrone]

Will be good then, because there are a lot of coins already in coinbase, and why not they put up old coin that already famous. Maybe with that will help people to use that wallet. Because we can save Bitcoin, Ethereum and Dogecoin in same place.

[Chikito]

coinbase need a big and strong community to released their base one. they have good choise when selected dogecoin, because doge have all that coinbase want. i thing this good one for get new user and their market volume

[jacafbiz]

Kudos to Dogecoin and its community, what I like about Dogecoin is that the team never promise any fancy thing and do not promise to change the world, it started as a joke and as remain a joke, the issue now is Coinbase, to me it seems they are just desperate to list any token/coin with volume and through away all other factors.

[Cosbycoin]

I understand that Bitcoin is the gold and Litecoin is the silver but what is Dogecoin really? I mean it started as a joke and yet people are using it even though the development is pretty much dead and seeing services starting to support it now make me question their credibility or even their sanity...

As for the market response then I honestly can't see anything. If you see the charts in CoinMarketCap for example and compare it with the time Coinbase did the announcement, there has been basically no significant changes, anything before Coinbase's announcement should not be considered as any type of "response".

I agree with you that the dogecoin is more like a joke because it was just created for fun, but one thing you should check in a coin to know if there is going to be an increase in price or not is the market volume, since dogecoin was one of the first coin in existence, it has a large market volume and that way, whales will be very much interested in buying so much of the coin in order for them to make profit in a future date.

[xsantana]

the good news of coinbase has included dogecoin. even though the coin is not very interested in the circle.
and hopefully in the future coin coins will be added to be able to compete in the marketcap

[rijaljun]

Coinbase confirmed the next coin to be supported by it's wallet would be Dogecoin.
Now you can store Dogecoin on your coinbase mobile app. The support from coinbase has resulted in a sharp rise in price of Dogecoin in the last 24 hours.

Official announcement
https://blog.coinbase.com/announcing-dogecoin-doge-support-on-coinbase-wallet-5f1163be0493

Market response
https://ambcrypto.com/dogecoin-doge-receives-wallet-support-on-coinbase-notes-17-hike-since-jan-2019/

I think every exchange should support doge coin trading as this is the only coin that will never die, beside Bitcoin. Everyone always love doge, they use doge whether for fun or for option to move some funds to other exchange.