In a massive 30% gain today, Dogecoin (DOGE) has surged all the way previous $0. 50 to become the fourth-largest cryptocurrency by market cap. At press time, DOGE is trading at a price of $0. 53 using a market cap of $69. 3 billion. Well, Dogecoin has also flipped some of the large tech giants like Twitter on its massive rally this year.
That happens, cryptocurrency exchanges rush to list the very well-known meme cryptocurrency. A day right after eToro announced support just for DOGE, crypto exchange Gemini has now rushed to add support for the Shiba-Imu-based digital currency. Gemini said that it will assist in trading and custody support for DOGE.
“ Trading can first open on our API/FIX and Active Trader applications for UNITED STATES DOLLAR. Then it will open on our mobile and web apps on a rolling basis meant for USD, GBP, EUR, CAD, AUD, HKD and SGD pairs, ” noted the particular exchange.
Calling it “ people’ s money”, Gemini co-founder Tyler Winklevoss made the state announcement a few minutes back.
— Tyler Winklevoss (@tyler) May 4, 2021
Dogecoin – Giving Control of Money Back to the people
Going every praises for Dogecoin, the particular exchange notes that the cryptocurrency is “ organic, irreverent, and fun”. In the pr release, Gemini notes that Dogecoin continues the Bitcoin tradition of giving the power over money back to the people. This further adds:
“ Yes, it’s a meme coin, but all money is a meme. And all money is both an idea and a matter of faith or belief inside it. Over the multi-milennia history of money, the majority of money (be this shells, beads, precious metals, and so forth ) has been what we people say it is and believe it is”.
Gemini also refers to Dogecoin as the “ ideal vehicle” to carry forward the core and fundamental reality about money. It also adds that Dogecoins reflect the real history and nature of money. Well, its a big choice from Gemini at this stage! Dogecoin has turned out to be the people’ s choice and advertised by several popular personalities and billionaires like Elon Musk in the past.
During this crypto market move, Dogecoin (DOGE) has really emerged as an indomitable force.
The article After eToro, Crypto Exchange Gemini Lists Dogecoin (DOGE) As Cost Surge Past $0. fifty appeared very first on Coingape .