Banking App Revolut Adds Support for Dogecoin Amid High Demand

Banking app Revolut says its users can now buy and sell the meme cryptocurrency Dogecoin (DOGE), along with 29 other digital assets available on its platform. Ed Cooper, head of cryptocurrency at the UK-based company, told Revolut users that the platform is supporting DOGE in response to the growing demand for the Shiba Inu-themed token. “One of the most popular requests from users in recent months has been to add Dogecoin and we answered the call. We launched Dogecoin in-app. Now avid crypto customers and game newbies can buy and sell this popular token. The mention of Revolut comes after crypto exchange Coinbase introduced support for DOGE, allowing Coinbase Pro users to trade the crypto asset on June 3. DOGE is currently the sixth largest crypto asset by market cap. Digital Currency Group CEO Barry Silbert, dubbed the "king of crypto" by CNBC, said DOGE is here to stay despite its meme origins. However, he warns that the token is currently very expensive. “It's not worth $37 billion. Sorry… If the full value of something comes from a shared belief – not utility or utility – then [DOGE] is overvalued.” Don't miss a thing – Subscribe to receive crypto email alerts straight to your inbox Follow us on Twitter, Facebook and Telegram The Daily Hodl Mix Check the latest news Headlines Disclaimer: Opinions expressed in The Daily Hodl are not investment advice . Investors should exercise due diligence before making any risky investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and transactions are at your own risk and any loss is your responsibility. Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets and Daily Hodl is not an investment advisor. Please note: Dai

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