Dogecoin surges more than 25%, market cap grows to $54 billion on Coinbase listing this week
Dogecoin, the original meme asset, jumped on Wednesday following Coinbase's announcement that it will begin listing the cryptocurrency on its Pro platform this week.
Dogecoin is trading at about 42 cents Wednesday morning, that's up 25% for the day, according to Coin Metrics. The move gave it a $54 billion market cap, making it the sixth-largest cryptocurrency by market value, according to Coinbase.