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Trading platform eToro has listed Dogecoin (DOGE), citing “strong customer demand” as the main reason. Around the time of the listing, the coin has seen another surge, reaching its current all-time high of USD 0.6953. Its year-to-date data shows that DOGE has grown an incredible 14,000 percent in that time, most of it starting April.
eToro already has a number of cryptocurrencies offered on their platform. Dogecoin joins the list of Bitcoin, Ethereum, Litecoin, Binance Coin, and other well-known names in the cryptocurrency industry that are available to trade here. What’s more, the team explained in a tweet under the original announcement that they are “taking our customer’s requests into consideration,” adding that, “We will be adding more coins in the coming months.”
The community’s excitement was quickly plainly evident. The coin’s value almost doubled, rising from USD 0.385508 at the time of the eToro announcement, to the aforementioned all-time high less than two days later, marking an increase of around 80 percent. Hours after the announcement, a Twitter survey with more than 23,500 participants by the original eToro account showed that almost two thirds of their respondents were more interested in trading DOGE than BTC or ETH.
Are you also looking to trade the cryptocurrency? Head on over to eToro to get started today.
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Disclaimer
- eToro is a multi-asset trading platform that offers both investing in stocks and crypto assets, as well as trading CFDs.
- Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
- Past performance is not an indication of future results.
- Cryptoassets are volatile instruments that can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading crypto assets is unregulated and therefore is not supervised by any EU regulatory framework.
- eToro USA LLC does not offer any CFDs and makes no representations, and assumes no liability for the accuracy or completeness of the content of this publication, which was created by our partner using publicly available, non-company-specific information about Toro.
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