Markets News
Forex and Market News

Dogecoin Is the 4th Largest Crypto Following Today’s Gemini Listing

The global adoption for the popular meme coin Dogecoin continues with the listing on the Winklevoss-run exchange – Gemini. At the same time, the token skyrocketed to yet another all-time high above $0.6 and it became the fourth-largest crypto, surpassing Ripple (XRP).

  • CryptoPotato reported earlier today Dogecoin’s spectacular performance in this year, charting YTD gains of nearly 10,000%.
  • However, that was hours ago, which in the cryptocurrency and Dogecoin, in particular, world, feels more like decades.
  • At that point, DOGE’s latest record was just shy of $0.50. Not only the Shiba Inu-inspired token broke above that level in the following hours, but it kept going upwards to its latest all-time high of over $0.6.
  • Despite retracing since then, Dogecoin still trades above $0.50 and its market capitalization is close to $70 billion.
DOGEUSD. Source: TradingView
DOGEUSD. Source: TradingView
  • As a result, the meme coin became the fourth-largest cryptocurrency by that metric. This meant that it surpassed Ripple (XRP), whose market cap is just over $60 billion.
  • According to data from AssetDash, Dogecoin also entered the top 200 global assets. After overcoming giants like BMW and MetLife, the token, which started as a joke, is now also larger than the Intercontinental Exchange and Moody’s Corporation.
  • The latest price surge came amid favorable news from the US-based cryptocurrency exchange – Gemini. The trading venue led by Tyler and Cameron Winklevoss announced that users can deposit DOGE tokens to the platform and trading should open soon.
  • This became the second major listing in a day for DOGE, after the addition on eToro earlier today.

Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 50% free bonus on any deposit up to 1 BTC.

Read More: Dogecoin Is the 4th Largest Crypto Following Today’s Gemini Listing

Notify of
Inline Feedbacks
View all comments

Get more stuff like this
in your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.