Top Crypto Exchange Binance Rolls Out New Dogecoin (DOGE) Trading Pair As Leading Memecoin Tracks Sideways

0 7

knife

The world’s largest crypto exchange by volume has launched a new trading pair for Dogecoin (DOGE) as the top memecoin continues to consolidate.

Binance customers can now swap DOGE with the stablecoin TrueUSD (TUSD).

TUSD, which aims to maintain a 1:1 peg to the US dollar, is the fifth-largest stablecoin by market cap.

Dogecoin is trading at $0.0806 at time of writing. The ninth-ranked crypto asset by market cap is up 0.25% in the past 24 hours, 2.7% in the past seven days, and more than 7% in the past month.

DOGE is also up around 15% since the start of 2023, though it remains nearly 89% down from its all-time high of $0.731, which it hit in May 2021.

Around 54% of Dogecoin investors are making money on their investments at the asset’s current price, compared to 41% who are underwater, according to the crypto analytics firm IntoTheBlock.

Earlier this week, Billy Markus, the founder of Dogecoin, issued a warning against trading memecoin and non-fungible tokens (NFTs).

Markus, known on Twitter as Shibetoshi Nakamoto, also said that Dogecoin was started as a joke to make fun of the crypto scene.

“DOGE was made 10 years ago to make fun of how stupid the scene was back then. It’s even stupider now, and people are just playing poker against each other and trying to dump their bags on each other. It doesn’t bother me, that’s just all it is.”

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox



Check Price Action



Follow us on Twitter, Facebook and Telegram



Surf The Daily Hodl Mix


Check Latest News Headlines

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post Top Crypto Exchange Binance Rolls Out New Dogecoin (DOGE) Trading Pair As Leading Memecoin Tracks Sideways appeared first on The Daily Hodl.

Leave A Reply

Your email address will not be published.

bitcoin
Bitcoin (BTC) $ 67,265.02
ethereum
Ethereum (ETH) $ 3,519.83
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 596.55
solana
Solana (SOL) $ 174.38
staked-ether
Lido Staked Ether (STETH) $ 3,519.21
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.593096
dogecoin
Dogecoin (DOGE) $ 0.133354
the-open-network
Toncoin (TON) $ 7.29
cardano
Cardano (ADA) $ 0.437253
tron
TRON (TRX) $ 0.134991
avalanche-2
Avalanche (AVAX) $ 29.11
shiba-inu
Shiba Inu (SHIB) $ 0.000018
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 67,194.00
polkadot
Polkadot (DOT) $ 6.37
chainlink
Chainlink (LINK) $ 14.27
bitcoin-cash
Bitcoin Cash (BCH) $ 395.45
near
NEAR Protocol (NEAR) $ 6.33
uniswap
Uniswap (UNI) $ 8.02
litecoin
Litecoin (LTC) $ 73.30
dai
Dai (DAI) $ 1.00
leo-token
LEO Token (LEO) $ 5.70
wrapped-eeth
Wrapped eETH (WEETH) $ 3,670.81
pepe
Pepe (PEPE) $ 0.000012
matic-network
Polygon (MATIC) $ 0.543045
internet-computer
Internet Computer (ICP) $ 10.35
kaspa
Kaspa (KAS) $ 0.181838
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.46
ethereum-classic
Ethereum Classic (ETC) $ 23.97
aptos
Aptos (APT) $ 7.41
ethena-usde
Ethena USDe (USDE) $ 1.00
stellar
Stellar (XLM) $ 0.105354
monero
Monero (XMR) $ 163.68
mantle
Mantle (MNT) $ 0.897413
blockstack
Stacks (STX) $ 1.92
render-token
Render (RNDR) $ 7.11
filecoin
Filecoin (FIL) $ 4.72
hedera-hashgraph
Hedera (HBAR) $ 0.07522
injective-protocol
Injective (INJ) $ 27.53
dogwifcoin
dogwifhat (WIF) $ 2.65
maker
Maker (MKR) $ 2,831.93
arbitrum
Arbitrum (ARB) $ 0.781877
okb
OKB (OKB) $ 43.09
cosmos
Cosmos Hub (ATOM) $ 6.52
immutable-x
Immutable (IMX) $ 1.65
crypto-com-chain
Cronos (CRO) $ 0.094059
vechain
VeChain (VET) $ 0.030789
bittensor
Bittensor (TAO) $ 340.57
arweave
Arweave (AR) $ 34.25
optimism
Optimism (OP) $ 1.92
bonk
Bonk (BONK) $ 0.000031
sui
Sui (SUI) $ 0.852289
the-graph
The Graph (GRT) $ 0.218389
first-digital-usd
First Digital USD (FDUSD) $ 1.00
renzo-restaked-eth
Renzo Restaked ETH (EZETH) $ 3,565.97
rocket-pool-eth
Rocket Pool ETH (RETH) $ 3,933.12
floki
FLOKI (FLOKI) $ 0.000199
mantle-staked-ether
Mantle Staked Ether (METH) $ 3,655.77
lido-dao
Lido DAO (LDO) $ 1.93
notcoin
Notcoin (NOT) $ 0.016253
thorchain
THORChain (RUNE) $ 4.87
theta-token
Theta Network (THETA) $ 1.64
bitget-token
Bitget Token (BGB) $ 1.14
ondo-finance
Ondo (ONDO) $ 1.09
aave
Aave (AAVE) $ 99.81
based-brett
Brett (BRETT) $ 0.149367
whitebit
WhiteBIT Coin (WBT) $ 10.15
fantom
Fantom (FTM) $ 0.524564
jasmycoin
JasmyCoin (JASMY) $ 0.030182
jupiter-exchange-solana
Jupiter (JUP) $ 1.04
pyth-network
Pyth Network (PYTH) $ 0.368777
algorand
Algorand (ALGO) $ 0.159047
celestia
Celestia (TIA) $ 6.54
coredaoorg
Core (CORE) $ 1.43
sei-network
Sei (SEI) $ 0.39906
ether-fi-staked-eth
ether.fi Staked ETH (EETH) $ 3,508.33
mantra-dao
MANTRA (OM) $ 1.32
quant-network
Quant (QNT) $ 75.53
gatechain-token
Gate (GT) $ 7.85
flow
Flow (FLOW) $ 0.653397
elrond-erd-2
MultiversX (EGLD) $ 36.16
beam-2
Beam (BEAM) $ 0.019158
axie-infinity
Axie Infinity (AXS) $ 6.47
popcat
Popcat (POPCAT) $ 0.977924
gala
GALA (GALA) $ 0.025937
kucoin-shares
KuCoin (KCS) $ 9.92
bitcoin-sv
Bitcoin SV (BSV) $ 47.62
msol
Marinade Staked SOL (MSOL) $ 209.26
eos
EOS (EOS) $ 0.614469
tokenize-xchange
Tokenize Xchange (TKX) $ 11.17
flare-networks
Flare (FLR) $ 0.020208
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 3,580.84
bittorrent
BitTorrent (BTT) $ 0.00000090484243
dydx-chain
dYdX (DYDX) $ 1.44
ethereum-name-service
Ethereum Name Service (ENS) $ 26.62
ordinals
ORDI (ORDI) $ 41.24
akash-network
Akash Network (AKT) $ 3.59
neo
NEO (NEO) $ 12.02
ethena
Ethena (ENA) $ 0.489797