Dogecoin (DOGE) skyrockets 35% on Binance listing news

Vitalik Buterin says he has a liking for Dogecoin; accepts a DOGE t-shirt.
Dogecoin spiked incredibly adding 35.14% while riding on the Binance listing news.

John Isige FXStreet

Dogecoin, a crypto project known to have the backing of a strong vibrant online community will soon start trading on Binance, the largest cryptocurrency exchange. The listing comes just a day after Ethereum founder Vitalik Buterin expressed his liking for Dogecoin.

Buterin was responding to a Dogecoin supported who directly ask him his take on Dogecoin. Buterin said, “I'm very pro-Dogecoin.” Dogecoin supporters on twitter later told Buterin that he deserves a DOGE t-shirt and are not sure how to get it to him.

Putting the pleasantries aside, Binance has announced support for altcoin on its website saying:

“Binance will list Dogecoin (DOGE) and open trading for DOGE/BNB, DOGE/BTC, DOGE/USDT, DOGE/PAX, and DOGE/USDC trading pairs at 2019/07/05 12:00 PM (UTC). Users can now start depositing DOGE in preparation for trading.”

According to the data on CoinMarketCap, Dogecoin spiked incredibly adding 35.14% while riding on the Binance listing news. The 24-hour trading volume has increased significantly as well to the current $104,215,753 from $36,433,330 on Thursday. Dogecoin’s market cap also short up from $338 million to the current $519 million. Dogecoin is currently the 27^th largest cryptocurrency on the market.

DOGE/USD 4-h chart

Author

John Isige

FXStreet

John Isige is a seasoned cryptocurrency journalist and markets analyst committed to delivering high-quality, actionable insights tailored to traders, investors, and crypto enthusiasts. He enjoys deep dives into emerging Web3 tren

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