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eToro Exchange Adds Dogecoin Due to Client Demand

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eToro said it's adding dogecoin to the cryptocurrencies traded on its exchange due to client demand.

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  • eToro's 20 million users around the world will now be able to trade the Shiba Inu-represented crypto.
  • It joins the likes of Kraken, Crypto.com, OKEx and other exchanges that list the cryptocurrency.
  • DOGE is up 7% on the day with a market cap of $53.4 billion, according to CoinDesk data.

See also: Mark Cuban Touts Dogecoin on 'Ellen', Says Doge Is 'Better Than a Lottery Ticket'

UPDATE (May 3, 19:08 UTC): Adds information on DOGE's intraday price movement.

Kevin Reynolds

Kevin Reynolds is editor-in-chief at CoinDesk. Prior to joining the company in mid-2020, Reynolds spent 23 years at Bloomberg, where he won two CEO awards for moving the needle for the entire company and established himself as one of the world's leading experts in real-time financial news. In addition to having done almost every job in the newsroom, Reynolds built, scaled and ran products for every asset class, including First Word, a 250-person global news/analysis service for professional clients, as well as Bloomberg's Speed Desk and the training program that all Bloomberg News hires worldwide are required to take. He also turned around several other operations, including the company's flash headlines desk and was instrumental in the turnaround of Bloomberg's BGOV unit. He shares a patent for a content management system he helped design, is a Certified Scrum Master, and a veteran of the U.S. Marine Corps. He owns bitcoin, ether, polygon and solana.

Kevin Reynolds