Dogecoin surges 40 Percent on Rear of Coinbase Pro listing, Musk tweets

The meme coin’s renewed surge comes soon after a list on Coinbase and renewed meme submitting by Elon Musk on Twitter.
Meme cryptocurrency Dogecoin (DOGE) gained more than 40 percent early on Tuesday afternoon, following its listing on Coinbase Pro and yet another flurry of tweets from DOGE spokesperson Elon Musk.Coinbase announced the listing of Dogecoin on its expert trader stage, Coinbase Pro, on Monday, sparking a speedy revival in the coin’s fortunes. DOGE’s price sank 59% on the duration of the preceding month, following the broader market crash in ancient March.On Tuesday, the coin’s price jumped from $ 0.3137 0.3137 around $0.4398 in the hours following the Coinbase statement, resulting in 40% growth overnight. Coinbase is currently accepting inbound deposits in anticipation of Dogecoin trading starting in earnest on Thursday, presuming adequate liquidity is present. Trading will begin across five trading pairs: DOGE/USD, DOGE/BTC, DOGE/EUR, DOGE/GBP and DOGE/USDT. Tesla’s Musk may have lent additional vulnerability to DOGE on Tuesday after he submitted another Dogecoin meme. This time, the meme revealed that the diminutive dog huddled over a 1980s computer installation followed by the caption:”I have to keep my fire hidden from the public or I’ll be socially ostracized.”

Musk also retweeted an old Dogecoin meme he first tweeted in 2020, depicting the dog sweeping across the world as it replaces the current fiscal system. Between transferring the coin costs of the Dogecoin and Bitcoin (BTC), Musk has also taken good care to remind his 56 million followers that he is not formally linked to the project in any way and that his ability to influence change on it had been restricted.

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