DOGINME Surges 106% After Coinbase Listing Roadmap Inclusion

A newly launched dog-themed memecoin, DOGINME, has seen a remarkable surge in value following its inclusion in Coinbase’s listing roadmap. The top US-based crypto exchange platform by volume announced this development through a thread on the social media platform X. This roadmap is designed to enhance transparency and prevent the front-running of new tokens, signaling that Coinbase is considering adding support for DOGINME in the near future.

The news of DOGINME’s addition to the listing roadmap triggered a rapid increase in its value. The memecoin, which was trading at a low of $0.000366 on March 13th, reached a peak of $0.00106 just a day later. Although it has since retraced slightly, it is currently trading at $0.00091, representing a staggering gain of 106% within the last 24 hours.

DOGINME was launched in February 2024 by Dan Romero, the founder of the decentralized social media network Farcaster. The creation of DOGINME was inspired by a conversation where Romero was asked if he owned a dog. He responded affirmatively, stating, “No, but I got that dog in me.” This phrase has since become the foundation for the memecoin, which aims to represent the community’s collective efforts to embrace and embolden the spirit of a dog.

The addition of DOGINME to Coinbase’s listing roadmap is a significant development for the memecoin, as it increases its visibility and credibility within the crypto community. Coinbase’s listing roadmap is a transparent process that allows users to track the progress of new tokens being considered for listing on the exchange. This transparency helps to build trust and prevent market manipulation, as users can see the steps being taken towards the potential listing of a new token.

The surge in DOGINME’s value following its addition to the listing roadmap highlights the potential impact of such announcements on the crypto market. As more users become aware of the memecoin and its potential for future listing on a major exchange, demand for DOGINME is likely to increase, driving up its value. However, it is important to note that the crypto market is highly volatile, and the value of memecoins can fluctuate rapidly based on market sentiment and other factors.

In conclusion, the addition of DOGINME to Coinbase’s listing roadmap has resulted in a significant increase in its value, reflecting the potential impact of such announcements on the crypto market. As the memecoin continues to gain traction and visibility, it will be interesting to see how its value evolves in the coming weeks and months. The transparency and credibility provided by Coinbase’s listing roadmap are likely to play a crucial role in shaping the future of DOGINME and similar memecoins in the crypto ecosystem.