Dogecoin [DOGE] receives wallet support on Coinbase; notes 17% hike since Jan 2019

The cryptocurrency market observed a sideways trend for most major currencies in the top 10, at press time. However, Dogecoin [DOGE] has had a good quarter, since it recorded a 17% hike in its price since the beginning of 2019. The popular meme-coin recently received support on Coinbase Wallet.

Coinbase Wallet announced the news through a Medium blog on May 1 that read,

“Starting today, you can now store your Dogecoin (DOGE) directly in the Coinbase Wallet app.”

The wallet that already supports major coins like Bitcoin [BTC], Ethereum [ETH], Bitcoin Cash [BCH], Ethereum Classic [ETC], XRP, and Stellar Lumens [XLM], claimed that this was an “important next step.”

Dogecoin [DOGE] recently saw a rally that took its price to $0.0037 on April 4. Since then, the coin has been falling. At press time, the altcoin was priced at $0.0025 with a market cap of $302 million. The 24-hour trading volume of the coin was $28 million, while registering a fall of 0.36% over the hour. Over the past seven days, DOGE fell by 1.76%, but managed to register a growth of 1.02% over the past 24 hours.

The coin started 2019 with a valuation of $0.0023, and was valued at $0.0027 at press time, which indicates a 17.47% price jump. The coin was highly traded on CoinEgg, with DOGE/BTC pair registering a volume of $3.78 million. Fatbtc took second place as it reported a volume of $3.32 million with DOGE/CNY pair. P2pB2B followed the exchanges, noting a volume of $2.96 million via DOGE/USD pair.

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