Dogecoin price exceeded $ 0.43 following listing on Coinbase Pro
Dogecoin has seen significant upward momentum in the last few hours after its official listing on the Pro platform of the Coinbase listed exchange. The exchange revealed yesterday via a blog post that he was opening his arms to Dogecoin. Coinbase Pro members can now add the crypto asset to their account while waiting for trading which begins tomorrow at noon EST.
The exchange stressed that members must have a sufficient amount of Dogecoin in the account before they are allowed to trade. Coinbase also warned that it could stop a client’s trading if it doesn’t match the health and order of the market. The DOGE / USD price currently hovers at $ 0.43, up over 36% in the past 24 hours.
Where to buy DOGE?
eToro is one of the leading multi-asset trading platforms where you can easily buy and sell DOGE and other crypto assets. It’s simple and wouldn’t bother even the most basic trader looking to trade crypto assets. The platform has several learning resources to guide beginners. eToro is also highly regulated, so you can trade DOGE with peace of mind.
Buy DOGE with eToro>
Coin Kong enables the quick purchase of major cryptocurrencies. It comes with several features that work to your advantage, including robust security and transparent fees. Signing up on the site is straightforward and in the unlikely event that you encounter any issues, customer support will be available to assist you.
Buy DOGE with Coin Kong>
Why is DOGE a purchase?
Dogecoin sits just outside the top five cryptocurrencies with a market cap of $ 55 billion. It should move both BNB and ADA if it continues the uptrend. The cryptocurrency itself has had a good year with cumulative numbers showing a 6000% increase in the DOGE / USD price. Before the crypto market crash in May, that figure was 12,000%.
The cryptocurrency has continued to gain credibility thanks to the tweets of eccentric billionaire and holder Elon Musk. The latest Coinbase ad that it would support crypto trading on its professional trading platform will certainly boost its adoption and recognition.
The outlook for Dogecoin shows that the price should continue to rise and will likely break above the $ 0.50 level if the positive momentum persists.