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Dogecoin Surges as Coinbase Debuts its Units

M. Ali 3 June, 2021 1:51 am Cryptocurrency, Market Update

Dogecoin surged on Wednesday after media reports indicated that Coinbase will allow, through its own platform, trading the meme-based cryptocurrency units.

Coinbase reportedly announced yesterday that accepting inbound transfers of Dogecoin Coinbase Pro, according to Reuters.

Dogecoin surged by more than 30% to exceed $0.41.

The world’s sixth largest cryptocurrency, in terms of market capitalization, has now reached a market cap of about $53.87 billion.

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