Elon Musk's favorite crypto-currency now listed by Huobi



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Veterans Exchange Huobi announced today the creation of three pairs for Dogecoin: DOGE / BTC, DOGE / ETH and DOGE / USDT.

When moon?

Dogecoin recently experienced a significant pump but corrected its BTC anchorage in the meantime. The unlimited supply cryptocurrency created by Jackson Palmer in 2014 has historically varied between 50 and 100 Satoshis per coin, sometimes reaching 2 to 300.

The currency is widely traded and used in many places also accepting Bitcoins, Litecoins and Ethereum, including gambling sites and payment processors. It is in particular one of the oldest crypto-currencies whose starting price is reasonable and that Coinbase does not offer for sale.

Huobi calls Doge "high quality"

Huobi writes in their ad:

In order to provide our clients with carefully selected and high quality trading options, we announce the support of a new addition to the Huobi: Dogecoin (DOGE) market.

Perhaps intentionally, the team did not announce this news on April Fool's Day, when people could have taken this wording for a joke. Although some still consider Dogecoin as a "joke," we have already noted here that cryptocurrency – based on a meme – maintains a high degree of liquidity and trading platforms.

You may be surprised at the number of places where you can trade your dog for Fiat coins

In addition to Huobi, several other exchanges offer stable pairs for Dogecoin, which allows traders to view a fiat value for crypto. Huobi Global (hbg.com) is the eighth largest trading cryptography purse at the time of publication. Transactions and withdrawals will begin in a few hours to 19 hours, Eastern time. You can deposit on Huobi.com and HBG.com.

Huobi.com was previously HBUS, the exclusive American partner of Huobi.

Dogecoin creator Jackson Palmer recently shocked some members of the cryptography community when he launched a tirade on the viability of Bitcoin and comparisons with other networked technologies. , such as the Internet, in terms of investment, user base and scale up.

Just two days ago, Telsa CEO Elon Musk said his favorite cryptocurrency was Dogecoin. Musk said:

Dogecoin could be my fav cryptocurrency. It's really cool.

– Elon Musk (@elonmusk) April 2, 2019

The Tweet followed a half-joke by the Dogecoin community regarding the election of a CEO for cryptocurrency. Palmer has long since abdicated any critical role in crypto, admitting that it was launched on a whim long ago and that he had several fights in the war in the early days.

Palmer recently made a joke about Dogecoin:

I am thinking of selling https://t.co/fkJ7AkqCIj for $ 4.20 billion. Funding (not yet) secure.

– Jackson Palmer (@ummjackson) April 2, 2019

But the founder of the joke money has declared publicly that he does not participate in any cryptocurrency project, for the moment:

⚠️ Reminder: I am not involved in any cryptocurrency project, for any reason whatsoever. If someone tells you otherwise, they lie to you. I do not have a Telegram account, WhatsApp or other instant messenger and do not send e-mail to my subscribers / followers. Beware of imitators. ⚠️

– Jackson Palmer (@ummjackson) March 31, 2019

Coinflict of Interest, a browser plugin that treats Twitter users and clbadifies their cryptocurrency biases, shows that Palmer favors Ethereum instead of Bitcoin or Bitcoin Cash.

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