Coinbase to Add Dogecoin in the Next 6-8 Weeks

"We're going to be focused on how we can accelerate asset addition in the future," CEO Brian Armstrong said on the company's Q1 earnings call.

AccessTimeIconMay 13, 2021 at 9:19 p.m. UTC
Updated Sep 14, 2021 at 12:55 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Coinbase will add meme-based cryptocurrency dogecoin to its list of tradable assets, CEO Brian Armstrong said on the company's Q1 earnings call Thursday.

"We plan to list DOGE in the next six to eight weeks," Armstrong said in response to an analyst question. "And then more broadly, we're going to be focused on how we can accelerate asset addition in the future."

Software engineers Jackson Palmer and Billy Markus launched dogecoin in 2013 as a joke to mock cryptocurrencies' speculative nature and engage a wider audience than bitcoin. Featuring a cheery looking Shiba Inu, a small Japanese hunting dog, the coin initially drew a small but loyal following, although its price languished at under a penny until earlier this year.

Over the past six weeks, retail investor interest plus DOGE-friendly tweets by billionaire Elon Musk have sent the coin's price soaring as high as $0.71 on May 5, although it fell under $0.40 shortly after, amid a cryptocurrency pricing freefall.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.

Read more about