Binance listing caused 37 percent increase in price of dogecoin

Popular cryptocurrency dogecoin had its price surge after the announcement of it soon being listed on the Binance exchange. Binance listing caused 37 percent increase in price of dogecoin. Globalxchange.

Trade opening for dogecoin (DOGE) was announced by Binance in a support notice.

Trading pairs for DOGE will be launched against: Globalexchange.

Binance coin (BNB) B

Bitcoin (BTC)

Stablecoins tether (USDT), Paxos Standard (PAX) and USD Coin (USDC)

The exchange allowed users to deposit DOGE in advance in preparation for trading.

Globalexchange. According to data from CoinMarketCap, the news gave a big boost to the price of DOGE.

Binance CEO Changpeng “CZ” Zhao referenced dogecoin’s popularity, explaining in a tweet:

“This one is an exception, as there isn’t much new tech development (I guess it was never about the tech for this one). The users/community is large, and a famous “ex-CEO” (cough @elonmusk) helps!” Globalexchange.

Binance listing caused 37 percent increase in price of dogecoin. Tesla and SpaceX founder Elon Musk tweeted “Dogecoin might be my fav cryptocurrency. It’s pretty cool”, in April after calling bitcoin “brilliant”. His Twitter bio was changed for a short time to read: “CEO of Dogecoin.” Global exchange.