Dogecoin has gained fresh utility with Coinbase’s launch of Wrapped Dogecoin (cbDOGE) on Ethereum’s Layer-2 Base network. This new token maintains a 1:1 peg with DOGE, allowing holders to engage with the expanding DeFi ecosystem on Ethereum. The introduction of cbDOGE boosts Dogecoin’s market position and opens doors for increased adoption. This may allow investors to leverage new opportunities as the landscape evolves. Keep an eye on Dogecoin as it continues to innovate.