DOGINME’s Meteoric Rise
Introduction
The cryptocurrency market has witnessed numerous price fluctuations, but none as dramatic as the recent surge of DOGINME (DOGINME), a meme coin built on Base. This article delves into the factors contributing to DOGINME’s 162% price increase, its impact on the market, and the reactions from the crypto community.
DOGINME’s Addition to Coinbase Roadmap
On March 14, Coinbase announced the inclusion of DOGINME to its roadmap, sparking an immediate response from the market. This news sent the meme coin’s price soaring from $0.000343 to $0.000923, per data from CoinGecko. After about 3 hours of trading and some minor fluctuations, DOGINME hit an intraday high of $0.001064, representing a 162% increase.
DOGINME’s Performance
As of the time of writing, DOGINME’s price had dropped to around $0.000773, still a 73% improvement from its value 24 hours prior. Over the past week, the token surged 297%, outperforming the broader crypto market and even other meme coins, which lost approximately 13% of their value. This rapid rise has elevated DOGINME to the top gainer among Base meme coins, with its market capitalization now exceeding $53 million.
Reactions from the Crypto Community
Not everyone welcomed the news of DOGINME’s addition to the Coinbase roadmap. Some community members expressed frustration over the exchange’s choice, citing the token’s lack of community and insider-controlled supply. Leonidas, a well-known Bitcoin NFT advocate, questioned how a "random $25 million dog coin with no community and an insider-controlled supply" secured a spot while the number one BTC meme token, DOG, remained overlooked. Another user, @grabachaire, demanded Coinbase focus on "something worthwhile" instead of what they called "garbage." Zooly took it a step further, suggesting those responsible for listings should be "arrested."
FLOKI Fights Back Against Delisting Rumors
Amid the frenzy, another popular meme coin, Floki Inu (FLOKI), faced its own drama. Earlier, rumors spread that the token had been delisted by Coinbase, forcing its team to clarify the situation. In a post on the project’s official X account, the team insisted that Coinbase wasn’t delisting the asset but was rather halting its trading in New York due to regulatory constraints. The action would affect 2-5% of FLOKI’s trading volume, an amount the team considers negligible given its global market activity.
Conclusion
DOGINME’s 162% price increase can be attributed to its addition to the Coinbase roadmap, which sparked a surge in trading volume and attention from the market. While not all members of the crypto community welcomed this news, DOGINME’s meteoric rise has cemented its position as a top gainer among Base meme coins.
FAQs
Q: What is DOGINME?
A: DOGINME is a meme coin built on the Base platform.
Q: What triggered DOGINME’s price surge?
A: DOGINME’s addition to the Coinbase roadmap, announced on March 14, triggered the price surge.
Q: How much did DOGINME’s price increase?
A: DOGINME’s price increased 162% from $0.000343 to $0.000923.
Q: How has DOGINME’s market capitalization changed?
A: DOGINME’s market capitalization has exceeded $53 million due to its 297% surge over the past week.
Q: What are the reactions from the crypto community?
A: Some members of the crypto community are frustrated with DOGINME’s addition to the Coinbase roadmap, citing the token’s lack of community and insider-controlled supply.
