In a surprising move, popular cryptocurrency exchange Coinbase has added DOGINME (DOGINME) to its roadmap, causing a massive surge in the meme coin's price.
DOGINME, a meme coin based on Base, originated from a witty comment made by Farcaster founder Dan Romero. When asked about owning a dog, Romero amusingly replied, "No, but I got that dog in me," giving birth to the token's unique name.
As of now, DOGINME is trading at $0.00106, showing an impressive 162% increase in just 24 hours. The meme coin has also witnessed a remarkable spike in trading volume, soaring by 246%.
In the past week alone, DOGINME has surged by 297%, surpassing the negativity in the global cryptocurrency market, which has slumped by 6%. When compared to other meme coins facing a decline of 14%, DOGINME shines with its exceptional performance.
The Base meme coin sector is also seeing positive developments, with its market cap hitting $1.0 billion, an 8% surge in the last day. Meanwhile, the broader meme coin market cap has dipped by 0.9%.
Despite its modest market cap of $68 million, DOGINME has climbed to the top among Base meme coins and the broader meme coin market, currently ranked at 533 on CoinGecko.
Coinbase's move to include DOGINME in its roadmap comes right after the addition of another Base meme coin, Tokenbot (CLANKER). Alongside DOGINME and CLANKER, QCAD (QCAD) has also been featured, with Coinbase emphasizing that the list is not exhaustive.
With an "Experimental" label attached to some assets, Coinbase advises caution due to low trading volumes, potential price fluctuations, and limited availability, indicating additional risks associated with these tokens.
Following Coinbase's decision, other exchanges like BitMart swiftly responded by relisting DOGINME, further amplifying the coin's momentum.
In a related development, Coinbase announced the delisting of select Solana (SOL) and Ethereum (ETH) meme coins, citing continuous reviews of assets to adhere to its listing standards. This review prompted plans to halt trading for certain tokens, including FLOKI (FLOKI), Turbo (TURBO), and Gigachad (GIGA) specifically in New York by April 14, 2025, around 2 PM ET.