Early on Tuesday, Meme cryptocurrency Dogecoin (DOGE) has gained more than 40% while following its listing on Coinbase Pro along with the other flurry of tweets they have received through self-appointment mentioned by DOGE spokesperson Elon Musk.
Coinbase has also announced while listing the Dogecoin on its pro trader platform known as Coinbase Pro on Monday, which has given a spark to swift revival in the coin’s fortunes. The prices of DOGE prices have also gone down by 59% over the previous month while following the wider market crash that happened in early March.
On Tuesday, the coin prices have jumped from $0.3137 to $0.4398 while following the announcement made by Coinbase, resulting in the growth of 40% overnight. Coinbase is now accepting the inbound deposits in anticipation of the Dogecoin trading starting in earnest on Thursday while assuming enough liquidity is present. Trading will also commence across five trading pairs –
Musk has retweeted an old Dogecoin meme that he made in 2020 while depicting the dog sweeping across the world while replacing the existing financial system. Musk has also taken care to make his followers aware of his connectivity that is not officially to the project in any way and can affect those limited changes.