What is going on with Dogecoin ??? Now up over 67 % today ? by offgridlife

dogecoin · @offgridlife · Sep 1 '18 (edited)

$1.03

What is going on with Dogecoin ??? Now up over 67 % today ?

Chart: https://coinmarketcap.com/currencies/dogecoin/

![300BD39C-E212-4610-88E9-EB42DF343A3B.jpeg](https://cdn.steemitimages.com/DQmP7PWCex2hpgPoktfPin1mfnQDpaJtAQ8WmpuqEVtdukG/300BD39C-E212-4610-88E9-EB42DF343A3B.jpeg)

![638D983C-CC07-4BAA-82E0-AA527398E7AD.jpeg](https://cdn.steemitimages.com/DQmUFhEyPMGSdfDqXdfyoGyymU3AcNSF9U6z5XwxSVQ5V9i/638D983C-CC07-4BAA-82E0-AA527398E7AD.jpeg)

This: Doge Added to Poloniex ....

![FC0687E1-51A8-4506-8729-3461354094BB.jpeg](https://cdn.steemitimages.com/DQmWEaCRV9g4BYTn2kp6iL76qJTsDvSu5ZTyEMfAC8kWt1d/FC0687E1-51A8-4506-8729-3461354094BB.jpeg)

Among the new trading pairs are 0x (ZRX), Lisk (LSK), Dogecoin (DOGE), Golem (GNT), and Siacoin (SC). There has been a recent Dogecoin price increase, taking a lot of people by surprise. Most of the trading volume originates from trading pairs linked to Tether’s native currency. That trading activity takes place on other platforms, which may explain Circle’s sudden decision. Exploring new market opportunities will bring more attention to the Poloniex exchange.

Stablecoins are a viable alternative to direct fiat currency trading. Tether’s currency is pegged to the US dollar at all times. It can make it slightly easier for cryptocurrency enthusiasts to acquire any of the supported currencies traded against USDT. At the same time, it seems altcoins will remain a much smaller market for this type of trading. Most of the Tether volume finds its way to Bitcoin or Ethereum first and foremost.

Source: https://www.livebitcoinnews.com/poloniex-adds-dogecoin-doge-and-four-other-usdt-trading-pairs/

👍 drakos, offgridlife, kstarcher, elysia

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@drakos · Sep 2 '18

$0.08

I posted about that today, it seems to be related to the DOGE/ETH bridge.
 https://steemit.com/cryptocurrency/@drakos/dogecoin-and-dogethereum-such-wow

👍 offgridlife

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@offgridlife · Sep 2 '18

Excellent, Thanks.

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