Dogecoin has joined Coinbase Pro, and its supporters are hoping for a price increase to $1.


Dogecoin has joined Coinbase Pro

Coinbase, meet Dogecoin.

And dollar, meet Dogecoin.

Fans of the joke-cryptocurrency-turned-financial-world-darling are overjoyed that it will be listed on the Coinbase Pro crypto exchange, and they've created and promoted the hashtag #DogeCointo1Dollar to celebrate.

Dogecoin's value has increased by 25% in the last 24 hours. It's now valued slightly under 40 cents, according to Coindesk. The market capitalization is $51.59 billion, with a daily volume of $12.92 billion.

This isn't the first time Doge fans (Dogeheads? Doge devotees?) have gotten together. Dogeites?) have set a $1 goal for themselves. That was also their intention on April 20, also known as Weed Day, which they called Doge Day. Coindesk reports that it closed at just over 33 cents, with an all-time high of 72 cents on May 7.

Dogecoin, on the other hand, has its origins in the realm of stunts. It was built in 2013 by two software developers to mock the growing popularity of digital currency.

Elon Musk, the cofounder and CEO of Tesla, has frequently tweeted about Dogecoin, which gained traction again before his appearance on Saturday Night Live last month.

If liquidity conditions are fulfilled, Doegcoin trading on the Coinbase Pro trading platform will begin on or after 9 a.m. PT on Thursday.

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