Who Let The Doge Out: Coinbase Pro Opens Up To Dogecoin PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Kdo pusti doža ven: Coinbase Pro se odpre do Docoin

Coinbase Pro, the cryptocurrency exchange’s professional trading arm, has started accepting Dogecoin (DOGE) inbound transactions, paving the way for greater use of the meme-based digital asset.

Coinbase Let Doge In

The exchange said Tuesday afternoon that trading of DOGE will begin on Coinbase Pro on Thursday at 4:00 p.m. UTC, assuming liquidity conditions are met.

DOGE will initially be available in five trading pairs: DOGE/USD, DOGE/BTC, DOGE/EUR, DOGE/GBP, and DOGE/USDT. Order books will be available in three stages, starting with post-only, then limit-only, and finally full-trading.

“If at any point one of the new order books does not meet our assessment for a healthy and orderly market, we may keep the book in one state for a longer period of time or suspend trading as per our Trading Rules,” Coinbase je dejal.

Dogecoin is currently trading at 36 cents, up almost 6,000% for the year. However, it’s dropped by more than 50% since reaching a high in May. $43.68 billion is the market capitalization of dogecoin as of Tuesday afternoon, making it the seventh-largest cryptocurrency. The price of the token has also increased by almost 5% in the last 24 hours, and it now sells for $0.34. Bitcoin and Ethereum, on the other hand, have both seen their prices fall since Monday as a result of current market crash.

Coinbase CEO Brian Armstrong teased the platform’s then-impending launch of dogecoin during a May 15 investor call, oris his intention to “accelerate asset addition into the future.” “There are more and more assets being created in the crypto economy,” Armstrong said. “One of those is doge … which has been getting a lot of attention recently.”

Povezani članek | DOGE to the Moon: SpaceX bo kot plačilo sprejel kovanec, ki ga navdihuje meme

Dogefather Has Been Behind Dogecoin Push

Tesla billionaire Elon Musk, the self-proclaimed “dogefather,” has repeatedly sent the price of the coin flying through his personal investments and internet promotions. Doge’s value surged by 20% after Armstrong’s comments coincided with an Objava from Elon that he was “working with doge devs to improve system transaction efficiency.” Twitter activity surrounding DOGE also briefly surpassed the flagship crypto asset at the beginning of the year.

With his distinctive sense of humor, Musk had found it ironic that the coin has the potential to be the world’s reserve currency. Musk said:

Kateri bo? Mogoče bo večkratno, na tem mestu bi bilo treba šteti za špekulacije. Bistvo je v tem, da je bil Dogecoin izumljen v šali, v bistvu zato, da se norčuje iz kriptovalut. Usoda ljubi ironijo, kaj bi bil najbolj ironičen izid? Da valuta, ki je bila izmišljena v šali, v resnici postane prava valuta. Na Luno!

Who Let The Doge Out: Coinbase Pro Opens Up To Dogecoin PlatoBlockchain Data Intelligence. Vertical Search. Ai.
DOGE/USD around 3 cents. Source: TradingView

Povezani članek | Elon Musk ima zaradi memov raje dogecoin kot druge alte

Izbrana slika iz PixaBay, grafikoni iz TradingView.

Source: https://bitcoinist.com/who-let-the-doge-out-coinbase-pro-opens-up-to-dogecoin/?utm_source=rss&utm_medium=rss&utm_campaign=who-let-the-doge-out-coinbase-pro-opens-up-to-dogecoin

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