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Benzinga Shorts: Buying Dogecoin | Benzinga

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Benzinga Shorts: Buying Dogecoin | Benzinga

by TheCryptoDirt.com
June 16, 2021
in Dogecoin
0

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If you happen to nonetheless haven’t heard of Dogecoin, you most likely stay below a rock. After hype pushed by Tesla CEO Elon Musk, Dogecoin surged to over $0.69 per coin, giving this meme foreign money a market capitalization of over $75 billion. Because of new listings from Coinbase and Gemini, Dogecoin has turn into straightforward to aquire. Right here’s how one can buy DOGE immediately.

Making an account with a cryptocurrency alternate that helps Dogecoin is critical for investing in DOGE. Fortunately, Coinbase has listed Dogecoin, and that’s the best manner for many traders to get into this doggy-themed cryptocurrency. If you happen to don’t have already got a Coinbase account, you may make one in minutes in your smartphone or desktop.

If you happen to don’t have a Coinbase account, there are many different methods to get into DOGE. Robinhood provides Dogecoin, however the platform doesn’t have a devoted cryptocurrency pockets, so that you gained’t have the ability to ship or obtain Dogecoin on Robinhood.

Just a few different locations you should buy Dogecoin immediately are Gemini, WeBull and Binance. Binance is exclusive in that you could commerce Dogecoin in opposition to its Bitcoin pair, making it straightforward to trace your portfolio in opposition to BTC.

At a market capitalization of over $40 billion, Dogecoin is seen as overvalued by most traders. Nevertheless, these similar traders mentioned Gamestop was overvalued at $25. On the finish of the day, Dogecoin’s worth is rooted in hypothesis, so solely make investments cash you’re prepared to lose.

For the newest in monetary information, unique tales, memes comply with Benzinga on Twitter, Facebook & Instagram. For one of the best interviews, inventory market speak & movies, subscribe to our YouTube channel.

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© 2021 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights
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