Coinbase Gives 1.2 Million USD Dogecoin to Users

To promote the Dogecoin listing event, Coinbase announced that it will be giving away $1.2 million worth of Dogecoins to customers over the next few days.

Before June 10, each customer who registers here: https://www.coinbase.com/fr/sweepstakes/dogecoin-launch, then buys or sells 100 USD DOGE on Coinbase, will have a chance to win part of the USD 1.2 million worth of DOGE this exchange gives to users.

If you do not have a Coinbase account, please register an account and proceed with account verification steps to be able to buy and sell cryptocurrencies in general and Dogecoin in particular on Coinbase. If you already have a Coinbase account, you just need to log in to your account and proceed to buy or sell Dogecoin with a minimum limit of 100 USD to win tickets to this event.

The prizes include: 1 prize worth 300,000 USD, 10 prizes worth 30,000 USD and 6000 prizes worth 100 USD.

The giveaway from Coinbase is rated to please this group of fans of the Shiba Inu-themed meme. This is a group of people who have long been calling on Coinbase to list Dogecoin so that Coinbase members can trade Dogecoin on Coinbase’s platform. According to the Dogecoin fan group convinced, this can help Coinbase get a new head in the crypto market. Usually there is a bull run every time Coinbase lists cryptocurrencies.

However, it seems that this upside is not quite there yet as Dogecoin price is seeing a drop of more than 3.5% in the past 24 hours, according to Coinmarketcap, at the time we updated this article on 6/6. 2021.

With this Coinbase event, the DOGE coin is currently priced at $0.375. The trading volume in the past 24 hours reached $3,326,855,099, with trading volume like this clearly falling to a relatively strong level, down 39% compared to 24 hours before the event. This is possible due to the overall price volatility of the entire cryptocurrency market.

However, we believe that with this program of Coinbase, giving the community participating in the cryptocurrency market more options, it is easier to own Dogecoin. This is a strong step forward for DOGE coin.

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