As Grayscale suggests, DOGE and other 32 cryptocurrencies may be listed on its platform in the next few days. Dogecoin’s price is expected to rise to $3.
Source: News btc
Today’s tremendous rumors about Grayscale’s possible listing caused Dogecoin to jump 3.79%. In the midst of this, Grayscale has increased market optimism by raising the possibility that DOGE, along with other popular tokens like TON and WLD, could be listed on its platform. Market optimism is still high due to increased trade volume and bullish sentiment, with DOGE targeting a $3 price goal.
Grayscale Conjecture Strengthens Dogecoin’s Rise
Dogecoin, the primary meme coin, had a sharp increase in price today due to the positive sentiment in the larger cryptocurrency market. This also shows how market players’ enthusiasm in the digital asset industry is expanding.
Despite this, the latest Grayscale update appears to have increased market faith. The top investment asset management company recently announced that it has added 32 new cryptocurrencies to its list of assets under consideration, including Dogecoin, Worldcoin, and TON.
Grayscale Considers 32 Assets for Listing, Including Dogecoin
The assets in question, in the meantime, are the “possible candidates” that the company takes into account and who might be listed on the platform. It’s important to remember that the cryptocurrency on the list is currently unlisted and might not be added in the days ahead. Currently, Grayscale’s product suite consists of about 27 tokens. These comprise, among others, XRP, Ethereum, and Bitcoin.
Additionally, as a major participant in the investing industry, the investment firm’s listing could spur an asset surge. Following Grayscale’s launch of the XRP Trust in September, the price of XRP showed an increase. This demonstrates the rising trust investors have in XRP.
Trading Volume Increases as the Dogecoin price increases by 3.79%
This prediction has given the market more optimism, especially given the recent surge in the leading meme currencies. As of this writing, the price of DOGE was up 3.79% to $0.1163, with a 35% rise in trading volume to $1.02 billion.
The price range of the top dog meme currency over the past 24 hours has been $0.1118 to $0.0.1188. DOGE Futures Open Interest rose more than 5% to $601.91 million today, according to Coinglass statistics.
