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Here's Why Dogecoin Skyrocketed Today

TheMotleyFool

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Exchange listings can make or break a cryptocurrency -- and Dogecoin (CRYPTO: DOGE) will soon be available for trading on the most important exchange of all.

Beginning Thursday at noon EDT, Coinbase Global (NASDAQ: COIN) will list several trading pairs for Dogecoin on its Pro trading platform, which is geared toward professional traders. Coinbase Pro account holders will be able to trade the popular cryptocurrency against the U.S. dollar, the euro, the British pound, Bitcoin (CRYPTO: BTC), and Tether (CRYPTO: USDT). As a result of the announcement, Dogecoin was up 33% as of noon EDT today.

Dogecoin soared more than 30% on Wednesday. Image source: Getty Images.

Source Fool.com

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