Following Coinbase's recent announcement, Dogecoin experienced a significant surge in its price. How will DOGE be impacted?
has witnessed a surge in volatility and has gone through massive corrections. However, recent developments have given Dogecoin bulls some hope.Coinbase recently revealed its intention to introduce a futures trading service for Dogecoin. This move allows individuals to safeguard against potential fluctuations in the future value of an asset through smart contracts.
In these letters, the exchange outlines its strategy for launching futures contract products featuring a cash-settlement mechanism. If DOGE’s price weakens the $0.200 level, a case could be made for another significant rally, with DOGE prices soaring to heights not seen since 2021.
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