On Wednesday (1 March 2023), $DOGE fans were given an interesting piece of good news.

Popular meme-based cryptocurrency Dogecoin ($DOGE) was initially released on 6 December 2013, as a “fun and friendly internet currency.” It was created by Billy Markus and Jackson Palmer. Dogecoin is “a decentralized, peer-to-peer digital currency” that has as its mascot “Doge,” a Shiba Inu (a Japanese breed of dog).

Since then, its popularity has substantially increased, especially in the past couple of years, mostly thanks to support from billionaires Elon Musk and Mark Cuban (the majority owner of the professional basketball team Dallas Mavericks, as well as one of the “sharks” on the highly popular reality show “Shark Tank,” to the point that it is currently the eight most valuable cryptocurrency, with a market cap of over $10.91 billion (as of 9:30 a.m UTC on 1 March 2023). In fact, in 2019, Musk said that $DOGE might be his favorite cryptocurrency.

Anyway, earlier today, crypto exchange Coins.ph (launched in 2014), which claims to be “the most established crypto brand in The Philippines” with over 16 million users, announced that it would be adding support for $DOGE later today

Source: Coins.ph

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