Meme cryptocurrency Dogecoin (DOGE) gained more than 40% on Tuesday morning, following its listing on the Coinbase Pro exchange and yet another barrage of tweets from DOGE's self-appointed spokesperson, Elon Musk.
Coinbase announced Dogecoin's quote on its professional trader platform, Coinbase Pro, on Monday, kicking off a rapid renaissance of currency fortunes. The DOGE price tumbled 59% over the previous month, after the market crash in early March.
On Tuesday, Dogecoin's price today jumped from $0,3137 to $0,4398 in the hours following Coinbase's announcement, resulting in a 40% growth overnight.
Coinbase is now accepting entry deposits in anticipation of Dogecoin trading starting in earnest on Thursday, assuming there is sufficient liquidity. Trading will begin on five trading pairs: DOGE/USD, DOGE/BTC, DOGE/EUR, DOGE/GBP and DOGE/ USDT.
Tesla's Musk may have lent more exposure to DOGE on Tuesday when he posted another Dogecoin meme. This time, the meme showed the eponymous dog huddled over a 1980s computer setup, accompanied by the caption: "I have to keep my passion hidden from the public or I will be socially ostracized."
Found this pic of me as a child pic.twitter.com/hUEKluRAdP
- Elon Musk (@elonmusk) June 2, 2021
Musk also retweeted an old Dogecoin meme that he first tweeted in 2020, portraying the dog sweeping the world while replacing the existing financial system.
In between moving Dogecoin and Bitcoin (BTC) coin prices, Musk was also careful to remind his 56 million followers that he is not officially connected to the project in any way and that his ability to affect change was limited.













