What Robinhood Did and How It Can Prove To Be A Massive Catalyst For Dogecoin!
This next move from the Robinhood could definitely take Dogecoin to the moon and beyond. Now, a lot of people are hesitant to use Robinhood because of the problems that they previously had with the application. It even crashed last month, which made many investors move away from it. We know that hundreds of thousands of investors use Robinhood to purchase Dogecoin and now they’re actually creating wallets where you can store cryptocurrency.
What Robinhood just did and how it could be a catalyst for Dogecoin
Robinhood is going to release cryptocurrency wallets on their platform. When this happens, it’s going to have a huge impact on the price of Dogecoin because there are a lot of Americans who prefer to use only Robinhood. And it’s going to even make those people come to Robinhood who don’t really want to use Coinbase now, they announced this in March, but they still haven’t made it official. It seems that they’re finally going to announce it in July. So take a look at this.
Robinhood is now planning a 40 billion dollar initial public offering in July. An initial public offering is when a firm goes public and becomes accessible for trading on the New York Stock Exchange. Robinhood will make the greatest news of the year at precisely the correct time in order to capture fresh eyeballs. They understand that having a crypto wallet on Robinhood will encourage a lot more people to buy it. This is why I think it’ll happen in July and could skyrocket Dogecoin price next month.
But that’s just the tip of the iceberg, apart from this, there are other positive things in store for Dogecoin that will act as major catalysts. Let’s start with the space war that is getting more intense every single day.
The space war : Dogecoin popularity goes to the moon
There’s Elon Musk’s Doge one mission, then there’s Jeff Bezos, Blue Moon and there’s Richard Branson, too. Not a lot of people are talking about it, but Richard Branson’s Virgin Galactic has recently joined the space race. Let’s look at this article here. Bezos, Musk and Branson scramble for space supremacy.
This came out after Jeff Bezos announced that he’s going to space next month and he could definitely think about taking Dogecoin to the moon as well, since we found that Amazon might be planning to accept crypto payments. Let’s talk about Blue Origin for a minute. A space ticket was just sold by Blue Origin for 28 million dollars. That is insane.
Now, just think about what it’ll do to Dogecoin price if future space rides are paid in Dogecoin. and then there’s geometric energy corporation that’ll pay for a launch to the moon via Dogecoin. Their Doge one CubeSat mission is slated for 2022. Just think about how Dogecoin popularity will grow when it actually goes to the moon. And with this, it’ll become the biggest catalyst for Dogecoin rise this year.