Unlike the recent instability that is hampering new listings, the Shiba Inu-themed cryptocurrency Dogecoin (DOGE) played an impressive run after it was listed on the Coinbase trading platform continuous the pace of price development on Wednesday in the early days.

Over the past 24 hours, Dogecoin rose to an intraday high of $ 0.4444, up as much as 40% at a time. DOGE, Elon Musk’s favorite coin, has compared some of his winnings and traded his hand for $ 0.431, an increase of 14.62%, by that CoinMarketCap.

Dogecoin’s growing utility paved the way for its listing

Dogecoin has become one of the ten largest cryptocurrencies by market value as massive publicity by Elon Musk and billionaire investor Mark Cuban helped redefine the usefulness of the coin. Dogecoin’s popularity has boosted new business by adding it as a payment method. These companies range from the Dallas Mavericks in Cuba, which accept a coin of its tickets and goods speculate that Tesla may be on the right track to accept the coin.

Dogecoin is at hand more than 1,800 ATMs in the United States. However, the Coinbase listing will improve coin availability, especially for U.S. investors.

Dogecoin is no longer a pump and landfill cryptocurrency

Dogecoin has grown significantly in recent years. The change of the past was also reflected at its best, the pump and landfill coin. The fact is, however investors around the world now hold the coin rather than DOGE. Not a joke built on the meme cryptocurrency, but because of its growing value.

Thanks to Elon Musk’s background and constant tweets, the coin has risen from the pump and pour coin now competes with Bitcoin among other things in terms of speed and popularity.

Image source: Shutterstock

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