Dogecoin has been a good doge of late, gaining the support of more trading platforms with the introduction of Coinall today. Coinall works as the world’s first community-based autonomous exchange
Recently multiple alternative coins and tokens have been going through large levels of volatility, fuelled by “Pump and Dump” strategies, with the sole aim of raising the price and selling the coin quickly to make a profit. Many of these currencies lack a stable usage pattern, and often suffer from the sharpest of dips
Due to the low cost of Dogecoin, it is consistently ranked as one of the most used crypto currencies, with transactions numbers and trading volumes rivaling at times the more well known Bitcoin, Litecoin and Ethereum.
Spikes in trading do coincide with any breaking news about Crypto, and Dogecoin was not alone when it saw a large rise in trading on April 1st due to the tweet of Elon Musk.
The introduction of Dogecoin in more mainstream, multi-currency wallet shows promise for the coin being adopted for the regular user, as well as crypto being adopted as a viable means of purchasing goods and services. Coinall is wow moment in the chapers of Dogecoin.