Huobi Shuns Dogecoin, Fans Express Outrage223

Huobi, one of the world's largest cryptocurrency exchanges, has refused to list Dogecoin (DOGE), despite repeated requests from the community. This decision has sparked outrage among the Dogecoin faithful, who see Huobi's stance as a betrayal of the cryptocurrency's decentralized ethos.

Dogecoin was created in 2013 as a joke cryptocurrency, but it has since grown into a major force in the crypto market. The coin is known for its strong community, its low transaction fees, and its rapid transaction times. Dogecoin is also one of the most traded cryptocurrencies on the internet, with a daily trading volume of over $1 billion.

Despite its popularity, Dogecoin has been met with resistance from some major cryptocurrency exchanges. Binance, the world's largest exchange, has repeatedly refused to list DOGE, citing concerns about the coin's lack of utility. Coinbase, another major exchange, has also resisted listing DOGE, although it has hinted that it may do so in the future.

Huobi's decision to not list Dogecoin is particularly puzzling, given that the exchange has listed other popular cryptocurrencies with similar characteristics to DOGE. For example, Huobi lists Shiba Inu (SHIB), another meme coin that has gained popularity in recent months. Huobi also lists several other low-cap cryptocurrencies with questionable utility.

The Dogecoin community has been vocal in its criticism of Huobi's decision. On social media, Dogecoin fans have accused Huobi of being elitist and out of touch with the needs of the community. They have also threatened to boycott Huobi if it does not list DOGE.

Huobi has not yet responded to the community's criticism. However, it is likely that the exchange will face continued pressure to list Dogecoin in the coming weeks and months. As the Dogecoin community continues to grow, it is becoming increasingly difficult for exchanges to ignore the demand for the coin.

In the meantime, Dogecoin fans can continue to trade the coin on other exchanges, such as Binance, , and Gemini. They can also buy and sell DOGE through peer-to-peer marketplaces, such as LocalBitcoins and Paxful.

2024-11-15

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