Dogecoin Jumps 31 Percent on News of Launch on Coinbase Pro
Dogecoin, a meme-based cryptocurrency popular among retail investors, surged on Wednesday, benefiting from news that digital asset exchange Coinbase will make the crypto unit available to its users on its trading platform.
Coinbase said on Tuesday it will immediately accept inbound transfers of Dogecoin Coinbase Pro, a trading venue for professional traders.
Dogecoin price rose 31 percent on Wednesday to $0.41 (roughly Rs. 30) in the wake of the Coinbase news. That pushed the cryptocurrency’s market…
