Cryptocurrency trade OKEx launched saving accounts and margin buying and selling for meme cryptocurrency Dogecoin (DOGE).In response to an announce
Cryptocurrency trade OKEx launched saving accounts and margin buying and selling for meme cryptocurrency Dogecoin (DOGE).
In response to an announcement shared with Cointelegraph on July 9, OKEx introduced that leveraged spot buying and selling, perpetual swap contract buying and selling, and saving options will launch tomorrow for the meme-based cryptocurrency, Dogecoin.
OKEx didn’t reply Cointelegraph’s inquiry by press time.
Exchanges capitalize on the Dogecoin crazie
The announcement follows a current Dogecoin viral advertising marketing campaign carried out by its followers on social media video platform TikTok. The marketing campaign apparently precipitated the coin’s value to surge by over 124% in simply two days, based on knowledge from Coin360. Quantity on the time elevated over 20 occasions and Google Tendencies revealed an rising variety of searches for strategies to purchase the altcoin.
The marketing campaign used the “#dogecointiktokchallange” and “dogecointiktokchallenge” hashtags on TikTok. Following the surge, Barstool Sports activities founder, Dave Portnoy, went as far as to name the Dogecoin advertising marketing campaign a pump and dump.
The Binance cryptocurrency trade additionally introduced that it’s going to launch Dogecoin perpetual futures contracts tomorrow. These contracts will enable as much as 50 occasions leverage on DOGE trades.