My1sttoday: Dogecoin flying to the moon amid Coinbase listing coming on June 3rd 2021.
The sixth most valuable crypto asset by market value is enjoying significant buying pressures amid its listing on the world’s most valuable crypto exchange (Coinbase Pro).
At the time of writing this report, Dogecoin traded at $0.41447 with daily gains of about 16% for the day. The top dog meme coin is currently the sixth most valuable crypto with a market value of about $51 billion.
Recent price actions reveal the digital asset is enjoying significant buying demand despite recent price correction prevailing on many crypto assets on reports that Coinbase Pro, the professional trading arm of Coinbase, has begun accepting inbound transfers for the popular crypto asset triggering Dogecoin’s popularity.
A press release by the American Crypto exchange stated:
“Starting June 1, inbound transfers for DOGE are now available in the regions where trading is supported. Traders cannot place orders and no orders will be filled. Trading will begin on or after 9 AM PT on Thursday, June 3, if liquidity conditions are met.”
Starting today, inbound transfers for DOGE are now available in the regions where trading is supported. Traders cannot place orders and no orders will be filled. Trading will begin on or after 9AM PT on Thursday June 3, if liquidity conditions are met. https://t.co/sFYODy4Xma
— Coinbase Pro (@CoinbasePro) June 1, 2021
Crypto experts say the recent inclusion of the digital asset on Coinbase is likely to boost the value and usage, taking into consideration the crypto exchange’s boast of being the most powerful institutional entity in the crypto-verse. Meanwhile Dogecoin has made some folks millionaire’s, with the influence of the world 3rd richest person Elon Musk who endorses the coin severally and said it’s his favourite coin.
