Dogecoin has been enjoying a rebound in the market in recent weeks as it continues to soar in popularity. The popular meme coin has made some developments in recent weeks with popular crypto exchange Coinbase adding DOGE to its wallet.
The latest development to befall the coin is the news that Estonia based crypto transaction processor Paytomat has added the coin to its platform.
Paytomat is one of the top crypto transaction platforms in Europe with a presence in 10 countries.
The crypto payment processing platform announced on their twitter official page that they would be supporting Dogecoin alongside Tezos for transaction purposes.
Dogecoin joins a list of 18 cryptocurrencies including the popular Bitcoin, Ethereum and Litecoin as supported currencies on the platform.
This alliance would enable Doge users to pay via DOGE to over 80 merchants currently on the platform. While it will expose Dogecoin to thousands of users that shop on the merchant’s platform.
This listing by Paytomat is a clear indication of how valuable Dogecoin has become in recent months. It was recently revealed that Dogecoin is on track to becoming one of the most popular coins in the market.
Hovering within the brink at the start of the year Doge has taking advantage of the crypto rebound to move up in value. This recent surge in value has seen hodlers reiterate the fact that the coin is one of the few cryptos that are unlikely to go bust.
DogeCoin Current Price Analysis
- Dogecoin (DOGE) ranks 29 on the list of largest coins based on Market Cap
- As at press time, the price of DOGE was $0.003108
- Total market value of DOGE is $372,046,509 USD
- 24-hour trading volume is $69,276,789 USD
- Total coins in circulation 119,712,088,929 DOGE
Dogecoin (DOGE) Price Prediction
Dogecoin (DOGE) saw a decrease in its market cap by -0.59% compared to yesterday’s figures which resulted in a corresponding decrease in price.
Looking at the current trend from the crypto market, Doge should break through the resistance level of $0.0035 mark before the end of June.