DOGINME Surges 162% After Coinbase Adds to Roadmap

Cryptocurrency exchange Coinbase has added DOGINME to its roadmap, triggering a significant rally in the meme coin’s price. DOGINME, a meme coin built on Base, originated from a playful comment by Farcaster founder Dan Romero. When asked if he owned a dog, Romero humorously responded, “No, but I got that dog in me,” which inspired the token’s name.

At the time of writing, DOGINME was trading at $0.00106, reflecting a 162% gain over the past 24 hours. In addition to the price surge, the meme coin also saw a substantial rise in trading volume, which increased by 246%. Notably, in the past week alone, DOGINME experienced a 297% price increase, outperforming the global cryptocurrency market, which has declined by 6%. Compared to similar meme coins, which are down by 14%, DOGINME’s performance stands out.

The overall Base meme coin sector has also shown positive movement, with its market cap reaching $1.0 billion, a rise of 8% in the last 24 hours. In contrast, the broader meme coin market cap declined by 0.9%. DOGINME is currently ranked 533 on CoinGecko. It has a low market cap of over $68 million. Despite this, it has become the top gainer among Base meme coins and the wider meme coin market.

Coinbase’s decision to add DOGINME follows the exchange’s recent move to include it on its roadmap. Alongside DOGINME and CLANKER, QCAD is also featured. However, Coinbase has clarified that this is not an exhaustive list. The experimental label signifies that these tokens may have low trading volumes and could carry additional risks. These include price volatility and potential canceled orders due to their limited availability.

This move comes shortly after Coinbase announced that it will delist certain and meme coins. In its announcement, the exchange highlighted that it continuously reviews the assets on its platform to ensure they meet its listing criteria. As part of these ongoing reviews, Coinbase revealed plans to suspend trading for select tokens in the near future. BitMart, for example, quickly followed suit and announced the relisting of DOGINME. This action from other exchanges indicates a growing interest in DOGINME and its potential for further growth.