After the announcement of the trading platform Binance the price of altcoin increased by 23%.
— Binance (@binance) July 5, 2019
After the announcement, the value of the coin has increased dramatically by 23%. Now the average market rate of Dogecoin is $ 0.003953. Altcoin trading volumes in a short period of time increased almost one and a half times – from $ 35 million to $ 53 million.
In early April, the head of SpaceX and Tesla, Elon Musk, called Dogecoin his favorite cryptocurrency. The billionaire declared himself the former CEO of the project and published several comic tweets about this coin.