Who Let The Doges Out As Elon Musk’s Favorite Crypto Coin Is Now On Binance’s Trust Wallet

Elon Musk's Favorite Digital Coin Is Now Available On Binance's Trust Wallet

Dogecoin ( DOGE ) is now officially listed on Binance's Trust Wallet as one of the decentralized and peer-to-peer cryptocurrencies available on the platform. Dogecoin – which is presently listed as one of the 26th most significant cryptocurrency by market share – joins other leading household names such as Ethereum ( ETH ), Bitcoin ( BTC ) and Litecoin ( LTC ) on Trust Wallet's catalog. The CEO and founder of Trust Wallet announced that adding Dogecoin was more or less a matter of balancing the tenets of popularity and potential for scalability.

The move comes just a few days after Dogecoin has been trending alongside the CEO of Tesla Motors – Elon Musk. The CEO has been severally on the record issuing his unrelenting support for DOGE to the extent of pushing its price and market capitalization a few notches on its growth graph. That being said, it is no secret that Trust Wallet's listing of Dogecoin has been largely influenced by the fact that DOGE performed incredibly well in their latest poll which showed that the cryptocurrency ranked 2nd in both popularity and demand among users of Trust Wallet. Cardano ranked 1st while NEO and EOS came second and third respectively.

At the time of press, DOGE occupies a decent position 26 among all cryptos and tokens that are available for public trading. Its position is backed by a trading volume of in the range of $336 million against a trading value of $0.002823 per token. This is actually a .19% decline over the last 24 hours. What's more, it is just a few weeks ago that Huobi made an announcement of embracing DOGE as the ‘ Cryptocurrency Community's Darling' on 3rd April 2019, and went ahead and included it on its main listing.