This Altcoin’s price had a sudden increase today. This happened because of Elon Musk’s tweet again! and also this coin intred in the coinbase list. Meme cryptocurrency Dogecoin price (DOGE) obtained more than 40% today Wednesday morning. This sudden movement is cause of its listing on Coinbase Pro. And another move is the reason of this rise too. Elon Musk tweeted again about this event and this altcoin price and situation. Dogecoin trading is increasing.
Coinbase list is updated and announced the listing of Dogecoin on its pro trader platform. This announcement light up a spark the coin’s future. DOGE’s price dropped 59% over the course of the last month, which was in the result of the market crash in early March.
On Tuesday, this Altcoin’s price raised from $0.3137 up to $0.4398. This raise occured in the some hours after the Coinbase announcement. This move result in 40% growth overnight. And Dogecoin price has increased.
Coinbase is now allowing inbound deposits in expectation of Dogecoin trading starting seriously on Thursday. They are assuming enough liquidity is present. Trading will start across five trading pairs: DOGE/USD, DOGE/BTC, DOGE/EUR, DOGE/GBP and DOGE/USDT.
Tesla’s Musk may have lent greater exposure to DOGE on Tuesday when he posted another Dogecoin meme. This time, the meme displayed the eponymous dog crowded over a 1980s computer setup tag along with the caption: “I have to keep my passion hidden from the public or I’ll be socially ostracized.”
In addition, Musk also retweeted an old Dogecoin meme he first tweeted in 2020. Describing the dog sweeping across the world as it changes the existing financial system.
In between this moving the coin prices of both Dogecoin and Bitcoin (BTC), Musk mentioned that he isn’t officially connected to the project in any way and that his power to hit change on it was limited. His 56 million followers.