The rise in Dogecoin value is due to it getting listed on Coinbase Pro. Few hours ago, Coinbase Pro stated that users will now be able to buy and sell Dogecoin on its platform.
Dogecoin price rises sharply following its listing on Coinbase Pro
Dogecoin price rises sharply following its listing on Coinbase Pro
The Shiba-Inu based cryptocurrency experienced a considerable rise in value after a tumultuous month of market performance.
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(Image: Twitter/ Next Hedge)
The growth was fueled by the cryptocurrency s listing on Coinbase Pro.
It remains to be seen if it touches the targeted $1 mark over the coming months.
Meme cryptocurrency Dogecoin experienced a jump in value on Wednesday, recovering much of its value lost over a month of dampened performance in the markets. The Shiba Inu-based crypto surged over 20 per cent, thanks to its listing on the US-based crypto exchange Coinbase.