The project, which started as a joke in 2013, has gained mainstream acceptance this year with the likes of NBA team Dallas Mavericks, medical supplier CovCare and several others adding support for dogecoin as a payments alternative. Tesla CEO Elon Musk has also been prone to tweeting about the coin
The decision to make the meme-inspired cryptocurrency available to its users opens up dogecoin investing and trading to eToro’s more than 20 million registered users worldwide.
Other major platforms and exchanges that have been reluctant to add dogecoin include Coinbase. One reason for this could be its volatility, with experts warning that the potential for massive gains comes with the risk of huge losses – even compared to other notoriously volatile cryptocurrencies.
Now that Doge is equal to 50 cent what price should we be expecting now?