Blockchain & Crypto

Dogecoin becomes available on major exchanges as its price goes up

Dogecoin is based on popular Internet meme from 2013

Dogecoin

Dogecoin becomes available on major exchanges as its price goes up. Source: bitfinex.com

Bitfinex and Binance are expanding their support for Dogecoin, a meme-friendly digital asset. This way, Bitfinex has listed Dogecoin on its platform on July 10, according to its Twitter announcement:

Dogecoin will be listed as MegaDogecoin (MDOGE), with a conversion rate of 1 million Dogecoins. At the current exchange rate, one MDOGE is worth nearly $4,640.

Along with that, Binance has launched DOGE/USDT perpetual contract, enabling up to 50 times leverage on DOGE trades.

Dogecoin was created in 2013 by Billy Markus, an American software developer, as a fun currency. Afterward, joint cooperation with Jackson Palmer, a product manager at Adobe, turned this initiative into real crypto.

We’ve reported that 2.6 million Brits have bought cryptocurrency, with significant growth over the last year.

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