Dogecoin Price Surges 37% Following Binance Listing Announcement

#crypto #bitcoin

The price of the popular dogecoin cryptocurrency is surging after the announcement that it will soon be listed on the Binance exchange.

Binance said in a support notice that trading will open for dogecoin (DOGE) at midday Friday.

The exchange will at launch offer trading pairs for DOGE against Binance coin (BNB) and bitcoin (BTC), as well as the stablecoins tether (USDT), Paxos standard (PAX) and USD Coin (USDC).

Users can already deposit DOGE in preparation for trading, the exchange said.

The news has given a big boost to the price of DOGE, according to data from CoinMarketCap,

At press time, the cryptocurrency had surged by 37 percent to $0.004306 and was still climbing.

Doge image via CoinDesk archives

OhNoCrypto

via https://www.ohnocrypto.com

Daniel Palmer, Khareem Sudlow