The world’s leading cryptocurrency exchange, Binance, has just listed one of the most popular digital currencies – Dogecoin. This has led to the phenomenal escalation in the trading price of the coin.
The exchange will open trading for these pairs: DOGE/BNB, DOGE/BTC, DOGE/USDT, DOGE/PAX, and DOGE/USDC. Users can already deposit DOGE in preparation for trading, the exchange said. The listing generated so much wow (as Dogecoin fans would put it) that Dogecoin’s price rose over 36 percent in 24 hours.
The creators Billy Markus and Jackson Palmer wanted to put the fun back in the world of cryptos. So, they choose Doge meme of the Shiba Inu dog as the coin’s mascot. The coin, which is the 26th largest cryptocurrency by market capitalization has a total value of the network is over $503 million. It is surprisingly one of the oldest rivals of bitcoin.