Elon Musk Wants Coinbase to Dogecoin as Its Adoption Grows

Tesla CEO Elon Musk has notified his followers that he wants to buy a Shiba Inu.

This breed of Japanese hunting dogs inspired the Doge meme. It later transformed into the Dogecoin cryptocurrency that Musk has been advocating for years.

Dogecoin Tweets Have Gotten Very Much Weirder

After posting Lion King-themed memes in early February, the billionaire has now shifted to Al Pacino.  

The Tesla CEO has shoehorned his favorite cryptocurrency in “Dog Day Afternoon.” Musk renamed the famous crime movie starring the American actor into “Doge Day Afternoon.”

The ancient Romans sacrificed a Dogecoin at the start of the Doge Days to soothe the rage of Sirius, assuming that the star was the cause of the hot, sultry weather, he wrote. 

Musk Doubles Down on His Push to Get Dogecoin Listed on Coinbase

Musk recently called on Coinbase to list Dogecoin, amplifying the voices of the cryptocurrency’s rapidly growing community.

Today, the entrepreneur has doubled down on his push to allow more retail investors to trade the cryptocurrency.

Musks various tweets boosted Dogecoin. Besides, celebrities such as Shark Tank star Mark Cuban advocated the growth of cryptocurrency. 

Bitpay, the Bitcoin payment service provider, recently added DOGE to its list of supported cryptocurrencies. Also, an increasing number of crypto ATMs now support Dogecoin.

Dogecoin is trading near $0.059, which represents a 6.7% gain on a 24-hour basis. In January alone, the cryptocurrency prices hiked over 600%, and so far this year, they have gained 1,130%. Meanwhile, Bitcoin’s gain has been more than 100% on a year-to-date basis. 

DOGE Adoption Has Grown Over the Past Few Weeks

The Dallas Mavericks, Cuban’s NBA team, has accepted Dogecoin for tickets and merchandise through Bitpay. It tweeted that the Dallas Mavericks have done more than 20,000 dogecoins in transactions.

Also, leading sports brand Wooter Apparel and medical supplier CovCare recently announced Dogecoin’s support as an alternative payment method.