Dogecoin Surges 25% After Coinbase Announces It Will Begin Listing the Cryptocurrency

Dogecoin jumped by about 25 percent on Wednesday after cryptocurrency trading platform Coinbase announced that it would begin allowing transfers of the popular memecoin on its Coinbase Pro platform.The digital currency reached a high of about $0.42 USD per coin earlier in the morning, hovering around $0.41 USD by the afternoon. According to Coinbase, the recent movement brought dogecoin's market cap up to $54 billion USD and has made it the sixth largest cryptocurrency.The coin's value hike foll...