Dogecoin

Dogecoin is surging today, up 37% in earlier trade, on the news that Binance—the world’s leading cryptocurrency exchange—has listed it.

Dogecoin is one of the most popular digital currencies out there and currently trades at $0.003769 USD per coin. Now, some are speculating if this momentum will help to drive an oncoming altcoin season.

Dogecoin is Now on Binance

Also dubbed the “memecoin,” Dogecoin was initially created by Billy Markus and Adobe’s Jackson Palmer as a joke alternative cryptocurrency to Bitcoin. The pair had never expected how big it would grow and now its position is cemented with a listing on Binance.

According to CryptoPotato reported:

/**/

“Dogecoin was invented to end the madness of the gold rush-like manner in which cryptocurrencies were being pursued and mined at the time.”

Following the announcement, DOGE surged over 30% in a day. The jump reiterates how important Binance can be to a coin’s success.

>> Bitcoin (BTC) Falls Back Again as Facebook’s Libra Faces Huge Setback

In a Tweet, Binance founder Changpeng Zhao explained the decision to list DOGE, calling it an “exception:”

“This one is an exception, as there isn’t much new tech development (I guess it was never about the tech for this one). The users/community is large, and a famous “ex-CEO” (cough @elonmusk) helps!”

Zhao is referring to Musk’s playful change of his Twitter bio when he briefly called himself the “CEO of Dogecoin.”

Trading for Dogecoin begins today at midday UTC time. The exchange will offer trading pairs for DOGE against Binance coin (BNB) and Bitcoin (BTC). Stablecoins Tether (USDT), Paxos standard (PAX), and USD Coin (USDC) are also applicable.

Users are already allowed to deposit DOGE in preparation for trading.

Are you excited about this news? Do you think an altcoin season could be upon us? Let us know your thoughts!

Featured Image: DepositPhotos © adriantoday

/* p > a { text-decoration: none; color:#000 !important; } .crec-ad > p > a:hover { color:#000 !important; text-decoration: underline; } @media(min-width:1228px){ .crec-image img{ width:191px; height:100px; } } @media (max-width: 1228px) { .crec-ad { width: 50%; box-sizing:border-box; } .crec-image img{ width:100%; height:158px; } .crec-ad:last-child { width: 50%; padding-right: 4px; } } @media (max-width: 590px) { .crec-ad { width: 100%; } .crec-image img{ height:auto; } .crec-ad:last-child { width: 100%; padding-right: 4px; } .crec-header h1 { padding-left:20px; } .crec-container { padding-left:20px; padding-right:20px; } }
/*]]>*/

/**/

About the author

E-Crypto News was developed to assist all cryptocurrency investors in developing profitable cryptocurrency portfolios through the provision of timely and much-needed information. Investments in cryptocurrency require a level of detail, sensitivity, and accuracy that isn’t required in any other market and as such, we’ve developed our databases to help fill in information gaps.

Related Posts

E-Crypto News Executive Interviews

Automated trading with HaasBot Crypto Trading Bots

Blockchain/Cryptocurrency Questions and Answers

How to Choose a Legit Crypto Casino?
August 5, 2022
Spend Crypto
5 Ways to Spend Crypto
August 2, 2022
What Is A DAO LLC?
What Is A DAO LLC?
August 2, 2022
Can Running A Lightning Node Earn You Passive Income?
Can Running A Lightning Node Earn You Passive Income?
July 5, 2022
Is The Crypto Market Combating A Lehman Brothers Moment?
June 30, 2022


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin23,081 0.04 % 3.84 % 1.08 %
Ethereum1,680.3 0.26 % 5.04 % 2.71 %
Tether1.002 0.06 % 0.19 % 0.09 %
USD Coin1.001 0.06 % 0.10 % 0.05 %
BNB318.24 0.50 % 1.83 % 12.02 %
Binance USD1.001 0.04 % 0.20 % 0.06 %
XRP0.3641 1.00 % 4.12 % 4.05 %
Cardano0.5086 0.28 % 4.87 % 0.96 %
Solana42.12 0.56 % 2.22 % 3.81 %
Polkadot8.770 0.46 % 5.09 % 7.19 %

bitcoin
Bitcoin (BTC) $ 23,084.00
ethereum
Ethereum (ETH) $ 1,685.34
tether
Tether (USDT) $ 1.00
usd-coin
USD Coin (USDC) $ 1.00
bnb
BNB (BNB) $ 317.27
binance-usd
Binance USD (BUSD) $ 1.00
xrp
XRP (XRP) $ 0.363984
cardano
Cardano (ADA) $ 0.508619
solana
Solana (SOL) $ 40.28
polkadot
Polkadot (DOT) $ 8.74