Dogecoin Continues Surge Over 20% Following Coinbase Itemizing

Dogecoin is at the moment priced at $0.39, an approximate 20% enhance following the meme coin’s debut on Coinbase yesterday.

Customers have been instructed they may start transferring DOGE into their Coinbase accounts—with precise DOGE buying and selling set to start tomorrow, June 3. 

Offering there may be sufficient liquidity for customers to commerce DOGE, Coinbase will checklist 5 buying and selling pairs for the cryptocurrency, in opposition to the greenback, euro, pound, Tether, and Bitcoin

Dogecoin’s value

Following the information, Dogecoin’s value has shot upwards. 

The meme cryptocurrency opened the day yesterday at $0.32. Because the information of its Coinbase itemizing broke, the token’s value has elevated to $0.39. In response to CoinGecko, DOGE has elevated by a complete of 20.5% during the last 24 hours. 

Whereas Dogecoin’s Coinbase itemizing has undoubtedly helped spur development, this announcement has come amidst a constructive week for the cryptocurrency. Per CoinGecko, Dogecoin is up 14% during the last week. It’s up over 4% previously month, too.

Nonetheless, the meme coin stays properly beneath its all-time excessive of $0.74. 

The token’s market cap has additionally been experiencing some development following the cryptocurrency’s Coinbase debut. 

Yesterday, Dogecoin’s market cap was roughly $41.8 billion. As we speak, that determine has elevated to $51.1 billion. 

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