The cryptocurrency world is buzzing with excitement as Coinbase Pro, the advanced trading platform operated by North America’s largest digital asset exchange, officially announced the upcoming listing of Dogecoin (DOGE). This move follows earlier hints made during the company’s mid-May financial briefing and comes just weeks after Coinbase’s high-profile public listing in April.
Starting immediately, users in supported regions can begin transferring Dogecoin to their Coinbase Pro accounts. The official trading launch is scheduled for June 4 at 9:00 AM Pacific Time (UTC-7), which translates to June 4 at 12:00 AM Eastern Time and 4:00 AM UTC. Once liquidity conditions are met, full trading support—including limit, market, and stop orders—will go live across all eligible jurisdictions.
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Dogecoin Price Jumps on Coinbase Pro Listing News
Market sentiment reacted swiftly to the news. According to data from TradingView, Dogecoin surged nearly 23.8% within eight hours of the announcement, briefly touching a high of $0.38729**—marking a new weekly peak. At the time of writing, DOGE continues its upward momentum, trading at approximately **$0.391555, reflecting strong investor confidence ahead of the official trading debut.
This surge underscores the significant influence major exchanges like Coinbase wield over market dynamics. The addition of Dogecoin to Coinbase Pro not only enhances accessibility for institutional and active traders but also signals broader acceptance of meme-inspired cryptocurrencies in mainstream financial ecosystems.
Expanding Beyond Trading: Coinbase Card Integrates Apple Pay and Google Pay
In a parallel development, Coinbase revealed another milestone in its mission to bridge crypto with everyday spending. The Coinbase Card, a Visa-powered crypto debit card that allows users to spend digital assets directly, now supports integration with Apple Pay and Google Pay.
This means users can now:
- Link their Coinbase Card to mobile wallets seamlessly.
- Make contactless payments using smartphones or smartwatches.
- Earn rewards of up to 4% cashback in cryptocurrency on every purchase.
The integration marks a strategic step toward making crypto more usable in real-world scenarios—from grocery shopping to online subscriptions—while enhancing convenience and security through tokenized payment systems.
Accelerating Growth and Diversification Strategy
Coinbase CEO Brian Armstrong previously outlined an aggressive roadmap during the company’s Q1 earnings call in mid-May, emphasizing faster listings of new assets and diversification beyond core exchange revenue. At the time, he projected Dogecoin would go live within 6 to 8 weeks. However, the team executed the rollout in under three weeks—a testament to improved operational agility.
Armstrong has long advocated for transforming Coinbase into a full-stack financial platform. In past interviews, he described ambitions to expand into lending, staking, NFTs, and decentralized finance (DeFi), reducing reliance on trading fees alone. The dual announcements—DOGE listing and mobile wallet integration—are clear manifestations of this vision.
“Our goal is to make crypto spending as easy and rewarding as traditional spending—while giving users ownership of their money,” said a Coinbase spokesperson.
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Market Reaction: Enthusiasm Meets Caution
Despite the positive developments, Coinbase’s stock (COIN) showed a muted response. Shares rose briefly to $244.46 following the announcements but retreated due to broader weakness in the crypto market. The stock ultimately closed at **$238.67, marking a modest +1.01% gain** for the day.
This tepid reaction may reflect macro-level concerns:
- Ongoing regulatory scrutiny around cryptocurrencies.
- Recent volatility in Bitcoin and Ethereum prices.
- Profit-taking after Coinbase’s strong post-IPO performance.
Still, analysts view these product expansions as long-term value drivers, especially as adoption accelerates among retail and institutional investors.
Why This Matters for Crypto Adoption
The inclusion of Dogecoin on Coinbase Pro is more than just a listing—it’s a signal of maturing infrastructure. Dogecoin, originally created as a joke in 2013, has evolved into one of the most recognized digital currencies globally, thanks in part to endorsements from figures like Elon Musk and grassroots community support.
Now, with access to a regulated, compliant trading environment:
- Institutional investors gain safer exposure.
- Arbitrage opportunities between platforms may narrow.
- Price discovery becomes more efficient.
Similarly, the Apple Pay and Google Pay integrations lower barriers to daily crypto usage. Instead of converting crypto to fiat manually, users can now spend directly—earning rewards while doing so.
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Frequently Asked Questions (FAQ)
Q: When will Dogecoin trading start on Coinbase Pro?
A: Trading is set to begin on June 4 at 9:00 AM Pacific Time (UTC-7), provided sufficient liquidity is achieved. Users can already deposit DOGE in preparation.
Q: Is Dogecoin available on the main Coinbase app?
A: While this announcement focuses on Coinbase Pro, full availability on the standard Coinbase app typically follows shortly after Pro listings. Check your local app updates for confirmation.
Q: Can I use my Coinbase Card with Apple Pay outside the U.S.?
A: Currently, Apple Pay and Google Pay support for the Coinbase Card is available only in select regions, primarily the United States. International expansion plans have not yet been disclosed.
Q: How do I earn 4% rewards with the Coinbase Card?
A: Users earn up to 4% back in cryptocurrency on purchases, depending on their tier in the rewards program. Higher tiers require maintaining specific balances of USDC or CB Ventures Token (CBV).
Q: Why did Coinbase stock rise only slightly despite big news?
A: Stock movements reflect broader market sentiment. Despite positive company-specific news, overall crypto market uncertainty and macroeconomic factors likely tempered investor enthusiasm.
Q: Is Dogecoin a good investment now?
A: As with any asset, DYOR (Do Your Own Research). While momentum is strong due to exchange listings and celebrity attention, DOGE remains highly volatile and speculative.
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With these strategic moves, Coinbase continues to solidify its role as a gateway between traditional finance and the emerging digital economy. Whether it's expanding asset offerings or improving usability through mobile payments, the message is clear: crypto is becoming easier to trade, spend, and own than ever before.