It is a great time for lovers of Dogecoin — DOGE. The altcoin started out as a joke but today, one of the biggest crypto exchanges, Binance has finally listed DOGE as one its tradable assets.
Dogecoin stays at number 26 in the cryptocurrency coin ranking with a market capitalization of $450 Million USD. Even at that value, the coin has been ignored by major exchanges.
Today, Dogecoin finally beat that obstacle as Binance disclosed that DOGE will be listed. The official twitter account of Binance says — “#Binance Will list Dogecoin ($DOGE) ”
Supports DOGE Deposits
The coin is currently being listed with pairs like DOGE/BNB, DOGE/BTC, DOGE/USDT, DOGE/PAX, and DOGE/USDC. In addition to this, it is possible to deposit DOGE if a user is getting set to start trading.
Right now, the coin appears to have gained maximum support. In just under 24 hours of trading, DOGE has risen in value by 30%.
Other Exchanges To Follow
With this surge, there are rumors that CoinBase will follow Binance footsteps and list Doge on their exchange. This is due to the immense clamor the coin has earned from top personalities in the industry.
Vitalik Buterin, one of the founders of Ethereum has declared that he is pro-Dogecoin. Also supporting DOGE is Elon Musk and John McAfee who are heavyweights in the cryptocurrency world.
This kind of endorsement is believed to have been the catalyst that pushed the coin to prominence. Popular endorsements like this has given the coin a lot of credibility.
Billy Markus founded the coin using a Shiba Inu breed dog as its avatar. It was declared a joke currency back in 2013. Today, after a six-year run, Dogecoin can now be traded on Binance.