The DOG•GO•TO•THE•MOON (Runes) token has experienced a significant price surge following OKX’s announcement of perpetual futures trading for the DOG/USDT pair.
The token’s current price stands at $0.008399, demonstrating an impressive 18.30% increase within the last 24 hours. More notably, the token has shown exceptional growth over the past week, with a remarkable 91.26% price increase.
With a total circulating supply of 100 Billion DOG tokens, the project has achieved a substantial market capitalization of $839,686,423, reflecting strong market confidence and growing investor interest.
OKX’s Strategic Trading Pair Launch
OKX’s decision to launch DOG/USDT perpetual futures trading represents a significant milestone for the token’s market presence.
The introduction of perpetual futures trading on a major cryptocurrency exchange like OKX provides traders with more sophisticated trading options and potentially increases market liquidity.
This development has clearly contributed to the token’s positive price action, demonstrating the significant impact that major exchange listings and new trading pairs can have on cryptocurrency valuations.
The high 24-hour trading volume of $75,541,992 indicates substantial market activity and trader engagement following the announcement.
Global Exchange Adoption and Market Impact
The cryptocurrency market is witnessing increased global adoption, particularly exemplified by Pepe coin’s listing on Upbit, South Korea’s largest cryptocurrency exchange.
The announcement of the Korean Won trading pair, scheduled for November 14th, has triggered a remarkable market response, with PEPE’s price surging by over 80% to reach $0.00002339.
Additionally, Binance’s announcement of listing the Sudeng $HIPPO token has resulted in a 70% price increase, further highlighting the significant impact that major exchange listings can have on token valuations.
These developments collectively demonstrate the growing global recognition and adoption of various cryptocurrency tokens across different markets and exchanges.
In a parallel development, AscendEX (formerly BitMax) has announced the listing of the CHARLIE token (CHARLIE), scheduled for November 14th at 19:00.
The exchange will introduce the CHARLIE/USDT trading pair, marking another significant addition to its trading offerings.
The market has responded positively to this announcement, with the CHARLIE token experiencing an immediate 2% price increase.