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Dogecoin has accustomed three barter listings over the aftermost 24 hours, according to letters from the community.
Three Exchanges Add DOGE
On Jan. 13, the Shibu inu dog-themed cryptocurrency was listed on three platforms: FTX (futures and atom trading), Huobi Futures (margin swaps) and WazirX (spot trading).
It is not bright why these exchanges accept aback added abutment for Dogecoin, as the coin’s developers accept not fabricated any contempo announcements about the cryptocurrency.
Some accept speculated that exchanges are attempting to capitalize on new cryptocurrencies during Bitcoin’s contempo billow and consecutive fall. It is additionally accessible that Elon Musk’s contempo tweets about Dogecoin accept encouraged exchanges to account the coin.
It is additionally believable that these exchanges listed the bread for affidavit of competition. In fact, a agnate accumulation advertisement occurred aftermost year: in July, Binance launched Dogecoin futures, while OKEx and Bitfinex added Dogecoin atom trading, all aural a day of anniversary other.
Little Market Impact
Today’s listings accept had little aftereffect on the amount of DOGE, which acquired aloof 2.9% in the accomplished 24 hours. However, the account is a advantageous case abstraction in the addiction of exchanges to act in unison.
Dogecoin is currently the 38th better cryptocurrency, with a bazaar cap of $1.1 billion and a amount hardly beneath $0.01.
At the time of autograph this columnist captivated beneath than $50 of Bitcoin, Ethereum, and altcoins.
