Dogecoin has once again broken into the top 5 largest cryptos in the market by market capitalization. At 11:05 CET, DOGE is trading at $0.518 (+26%).
Today's growth comes after Brian Armstrong, CEO of cryptocurrency exchange Coinbase, said the platform intends to include the altcoin in the future:
"Our competitors are supporting certain crypto assets that are experiencing large trading volume and growth in market capitalization that we do not currently support, as well as offering new products and services that we do not offer. We welcome these challenges as they indicate that the market we serve is growing rapidly, but we also have to continue to move quickly to address them, and that inspires us towards action and growth."
Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.
It must be noted that DOGE will be listed on Coinbase within 6-8 weeks. The exchange plans make several changes, including starting to add newly issued assets, Armstrong has said.
DOGE's growth has also been boosted by statements from Tesla CEO Elon Musk:
"Working with Doge devs to improve system transaction efficiency. Potentially promising."