Dogecoin Popularity Earns Binance Listing as Price Skyrockets 37%

Journalist:
Lloyd Newkirk
July 5, 2019


Everyone’s favourite internet pup Doge and it’s cryptocurrency counterpart Dogecoin (DOGE) is finally going to be listed on Binance.

After making meme lovers and crypto enthusiasts wait for years, Binance finally made the announcement earlier today, confirming the addition of DOGE trading pairs.

Binance is set to list five trading pairs for DOGE. These include Binance Coin (DOGE/BNB), Bitcoin (BTC), Tether (USDT), Paxos Standard (DOGE/PAX) and USD Coin (DOGE/USDC).

The exchange will open up deposits and withdrawals to traders starting Friday 5 July at 12:00 GMT. Binance also revealed the lack of a listing fee for the altcoin, at ‘0 BNB’.

Dogecoin, Never About the Tech

Binance CEO Changpeng Zhao highlighted the reason for the cryptocurrency’s listing, stating:

Earlier this year, Tesla CEO and SpaceX founder, Elon Musk underlined Dogecoin as his favorite cryptocurrency, stating:

The announcement has seen the token surge by 32 percent in the hours following the listing. DOGE is currently trading hands at $0.004276 at the time of writing.

DogeCoin data created with TradeView.

Other notable figures in the crypto community such as Ethereum founder Vitalik Buterin and cybersecurity expert turned crypto enthusiast John McAfee have mentioned Dogecoin in recent days. Vitalic took to Twitter, stating he is “Very pro-Dogecoin.”

Musk takes the cake though, as the Tesla founder went as far as changing his Twitter bio to CEO of Dogecoin back in April.

Last modified (UTC): July 10, 2019 20:26

Lloyd Newkirk

An avid fan of Marvel, film, music and video games. Actor, photographer, and content contributor at CCN, thesouthafrican.com and Coinbeat.