Doginme (DOGINME), a meme coin constructed on Base, has seen its worth skyrocket 162% after Coinbase added it to its roadmap.
The token’s 24-hour buying and selling quantity additionally jumped 246% following the disclosure.
DOGINME’s Meteoric Rise
On March 14, Coinbase announced the inclusion of DOGINME to its roadmap, sparking a direct response from the market. The meme coin, impressed by a viral remark made by Farcaster founder Dan Romero, went from $0.000343 to $0.000923, per information from CoinGecko.
After about 3 hours of buying and selling and a few minor fluctuations, it lastly hit an intraday excessive of $0.001064, marking a 162% enhance within the interval.
On the time of writing, the coin was altering fingers at across the $0.000773 degree. Whereas that is greater than 55% beneath its all-time excessive worth of $0.001779 reached virtually a yr in the past, it’s nonetheless an almost 73% enchancment on its worth from 24 hours in the past.
Over the previous week, the token surged 297%, vastly outperforming the broader crypto market in addition to different meme coins, which, on common, misplaced about 13% of their worth. Moreover, its fast rise has made it the highest gainer amongst Base meme cash, with its market cap now exceeding $53 million.
Nonetheless, not everybody welcomed the information of DOGINME’s addition to the Coinbase roadmap. A number of members of the crypto neighborhood took to X to specific their frustration over the alternate’s alternative. Leonidas, a well known Bitcoin NFT advocate, questioned how a “random $25 million canine coin with no neighborhood and an insider-controlled provide” secured a spot whereas the primary BTC meme token, DOG, valued at $180 million, remained ignored.
A person going by the deal with @grabachaire was much less diplomatic, demanding Coinbase concentrate on “one thing worthwhile” as an alternative of what they known as “rubbish.” One other person, Zooly, took it a step additional, expressing their disdain for the DOGINME improve by suggesting these chargeable for listings ought to be “arrested.”
FLOKI Fights Again In opposition to Delisting Rumors
In the meantime, amid the frenzy, one other in style meme coin Floki Inu (FLOKI), confronted its personal drama. Earlier, rumors had unfold that the token had been delisted by Coinbase, forcing its group to make clear the scenario.
In a post on the undertaking’s official X account, the group insisted that Coinbase wasn’t delisting the asset however was reasonably halting its buying and selling in New York because of regulatory constraints. The motion is ready to have an effect on 2-5% of FLOKI’s buying and selling quantity, an quantity the group considers negligible given its international market exercise.
“Even when Floki have been truly delisted from Coinbase, which isn’t the case right here, the amount loss would nonetheless be a drop within the bucket in comparison with Floki’s general buying and selling volumes,” they said.
The token was added to Coinbase in November 2024, with the announcement, considered by not less than 2 million X customers, pushing its worth to $0.000262.
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