2 Reasons Why Dogecoin Is 30% Up Now

The most popular meme-coin DOGE is up 30 percent today, triggered by its listing on a new major venue and another "regular factor"

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Wed, 2/06/2021 - 10:59

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Elon Musk's favorite cryptocurrency Dogecoin has surged 30 percent in the past 24 hours after the listing on the major U.S.-based exchange, Coinbase Pro, was announced on June 1.

The recent tweet about Shiba Inu, covered by U.Today, has also added to that growth.

So far, deposits have been opened and trading itself will kick off on June 3, at 4 p.m. UTC, provided there is sufficient liquidity.

The coin would be paired against Bitcoin, Tether's USDT and major fiat currencies: USD, euro and pound sterling.

Dogecoin Listed on Coinbase Pro

At press time, DOGE is changing hands at $0.4235.

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About the author

Yuri Molchan

Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.