DOGINME has experienced a dramatic 162% price increase following its addition to Coinbase's development roadmap. The meme coin's trading volume surged 246% amid the announcement from the major cryptocurrency exchange.
DOGINME, currently trading at $0.00106, has significantly outperformed the broader cryptocurrency market. While global cryptocurrency values have declined 6% over the past week, DOGINME has gained an impressive 297% during the same period. The token has also bucked the trend of the meme coin sector, which has seen a 14% decrease overall.
The token originated from a casual remark by Farcaster founder Dan Romero. When questioned about pet ownership, Romero responded, "No, but I got that dog in me," inadvertently inspiring the creation of the Base network token.
Despite its relatively low market capitalization of approximately $68 million, DOGINME has become the top performer among Base network meme coins. This performance comes as the Base meme coin sector collectively reached a market capitalization of $1.0 billion, representing an 8% increase in the past 24 hours. CoinGecko currently ranks DOGINME at position 533 in its global cryptocurrency listings.
Coinbase's decision follows its recent pattern of adding select Base network tokens to its roadmap. The exchange previously announced plans to include Tokenbot (CLANKER), another Base network meme coin. QCAD (QCAD) was also featured alongside DOGINME and CLANKER in the announcement.
"Some of the assets mentioned above may be listed with this Experimental label," Coinbase noted in its blog post.
The exchange clarified that tokens with the experimental designation often experience low trading volumes and may present additional risks to investors. These risks typically include heightened price volatility and the potential for canceled orders due to limited availability of the tokens.
The Coinbase announcement quickly triggered reactions from other cryptocurrency exchanges. BitMart promptly followed with its own announcement regarding DOGINME. "BitMart is thrilled to announce the relisting of doginme (DOGINME) on March 14th, 2025," the exchange stated.
This development occurs as Coinbase simultaneously moves to delist certain Ethereum and Solana-based meme coins from its platform. The exchange emphasized its ongoing review process designed to ensure listed assets maintain compliance with its standards.
"Based on recent reviews, we will suspend trading for FLOKI (FLOKI), Turbo (TURBO), and Gigachad (GIGA) in New York only on April 14, 2025, on or around 2 PM ET," Coinbase announced in a separate post.