Dogecoin (DOGE) is now officially listed on Flitpay, a prominent Indian cryptocurrency exchange, hinting at the possibility of an upcoming price surge.
Dogecoin (DOGE), the memecoin with a canine theme, has expanded its visibility through a recent listing on Flitpay, a cryptocurrency exchange based in India.
Flitpay Now Supports Dogecoin Trading
DOGE is now open for deposits and withdrawals on Flitpay following a new exchange listing, as confirmed by the platform’s announcement on the X app. Users making deposits can enjoy a 1% assured bonus on their funds.
Furthermore, Flitpay encourages users to share the news of Dogecoin’s listing, tag friends, and stand a chance to receive up to 20 DOGE tokens as a reward. This achievement adds to Dogecoin’s recent milestones.
In the previous month, Binance, a leading cryptocurrency exchange, introduced new margin trading pairs for Dogecoin (DOGE) along with Cardano (ADA), Avalanche (AVAX), and Polygon (MATIC). These developments, coupled with December’s festivities, led to a substantial surge in the memecoin’s price, marking its most significant increase since the Q3 rally that commenced in October.
Increased Activity Detected in Dogecoin (DOGE) Ecosystem
The DOGE ecosystem witnessed a surge in activity, boasting up to five million addresses and a significant spike in transactions, likely prompting the notable price increase. Despite a recent dip in the dog-themed memecoin’s value, experts suggest it reflects profit for a substantial portion of Dogecoin holders, a trend not seen since November 2023, possibly indicating expanding use cases and adoption.
With a market capitalization surpassing $11.41 billion, Dogecoin now ranks as the tenth largest cryptocurrency. Presently valued at $0.07818, it experienced a 2.38% decrease in the last 24 hours, teasing a potential 30% upside, according to some market analysts.
While predictions anticipate new highs for the memecoin, the ongoing transfer of large Dogecoin holdings by whales adds complexity. The embrace of Dogecoin by platforms like Flitpay contributes to the optimism surrounding potential bullish trends for Dogecoin (DOGE).
