Coincheck to start handling Dogecoin (DOGE) The Meme Coin Ranked 7th in Market Capitalization Now Available on Coincheck from January 15
Coincheck, Inc. operates the crypto asset trading service "Coincheck," which has been "Japan's No.1*" downloaded trading app for five consecutive years, is pleased to announce the addition of Dogecoin (DOGE) to its cryptocurrency trading services starting January 15, 2025.
Dogecoin (DOGE) is a meme coin (a cryptocurrency developed based on internet jokes) created in 2013 as a satirical commentary on the cryptocurrency industry at the time. It is based on the meme featuring a Shiba Inu image, "Doge." Without a white paper outlining the project’s vision or development goals, Dogecoin was initially regarded as a "joke currency" at its release.
However, with the growing popularity of meme coins, Dogecoin experienced a surge in value in January 2021 when Tesla CEO Elon Musk commented on it.
In November 2024, following Donald Trump’s election as U.S. President, a new government organization called the Department of Government Efficiency (DOGE) was established to streamline government operations. With Elon Musk appointed as its head, Dogecoin’s price skyrocketed, earning it 7th place in market capitalization rankings. It has since become one of the most talked-about cryptocurrencies.
Details About Dogecoin (DOGE) Trading
Date of commencement of sales
January 15, 2025
About DOGE Coin
Currency Unit: DOGE
Maximum number of shares that can be issued: None
Consensus Algorithm: Proof of Work
Market capitalization ranking: 7th (as of January 10, 2025, data source: CoinMarketCap)
Official website: https://dogecoin.com/
Target Services (*1)
Coincheck Marketplace (*2)
Coincheck Lending
Coincheck Periodic Purchases
Transferring and receiving money via Coincheck (web) and Coincheck App
Coincheck NFT (*3)
*1 If the Coincheck app is not updated to the latest version, Dogecoin prices may not display accurately. Please ensure the app is updated before trading.
*2 Initially, Dogecoin will not be available on the Coincheck Exchange.
*3 Scheduled to be added as a settlement currency starting January 16, 2025.
About Coincheck, Inc.
Coincheck, Inc. operates the crypto asset trading service "Coincheck," which has been “Japan's No.1*" downloaded trading app for five consecutive years. The company's mission is "Making Exchange of New Value Easier" by providing better services based on the latest technology and advanced security measures. Coincheck aims to make the "exchange of new value" created by crypto assets such as Bitcoin and Ethereum, as well as blockchain, more easily accessible to its customers.
*This data is supported by App Tweak and refers to domestic crypto asset trading apps from January 2019 to December 2023.
About Coincheck Group N.V.
Coincheck Group N.V. is a Dutch public limited liability company and a holding company of Coincheck, Inc., which operates the “Coincheck” crypto asset trading service.
Forward-Looking Statements
This press release contains "forward-looking statements." Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical facts and may be “forward-looking statements.”
Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made and involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated including the risks discussed in the filings of Coincheck Group N.V. with the U.S. Securities and Exchange Commission. Forward-looking statements may be identified through the use of words such as "expects," "will," “anticipates," “estimates," "believes," or by statements indicating certain actions "may," "could," "should," or "might" occur or similar words or phrases, or the negatives of those words or phrases. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as required by law.
For inquiries from the press regarding this release, please contact
Coincheck, Inc. PR Group
Mail: pr@coincheck.com