Overview
- Binance, OKEx, and Bitfinex have enhanced their trading options for Dogecoin (DOGE) following its recent price surge.
- A TikTok video went viral on July 8, triggering a 43% price spike for DOGE.
- Despite the hype, DOGE remains far from its aspirational target of $1.
Exchange Updates
Binance
- Launched perpetual DOGE/USDT contracts on Binance Futures with 50x leverage.
- Available starting July 10.
OKEx
- Added DOGE margin trading and savings products.
- Introducing a perpetual DOGE/USDT swap with 20x leverage on July 10.
Bitfinex
- Listed MegaDogecoin (MDOGE), equivalent to 1 million DOGE (~$4,640 at current rates).
The TikTok Effect
A single viral TikTok video fueled a 43% price jump for DOGE, reaching its highest level since 2018. The coin continues to trade 20% higher at approximately **$0.0045**, though the $1 goal remains distant.
Market Impact
- DOGE climbed to 26th place by market cap, surpassing tokens like COMP, BAT, KNC, and LEND.
- Jason Williams of Morgan Creek Digital publicly announced buying DOGE, humorously requesting a Twitter emoji for the meme coin.
👉 Discover more about Dogecoin’s latest trends
FAQs
Why did Dogecoin’s price surge?
A TikTok video sparked speculative buying, lifting DOGE by 43% in a single day.
Which exchanges support Dogecoin trading?
Binance, OKEx, and Bitfinex recently expanded their DOGE trading options.
What is MegaDogecoin (MDOGE)?
Bitfinex’s MDOGE represents 1 million DOGE, valued at around $4,640.
How high could Dogecoin go?
While enthusiasts aim for **$1**, current prices (~$0.0045) suggest a long road ahead.
👉 Explore crypto trading opportunities
Final Notes
Dogecoin’s meme status and community-driven momentum keep it in the spotlight, though its long-term viability remains speculative. Stay informed—volatility is guaranteed.
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