House of Doge loses its Nasdaq listing: why the Dogecoin price barely moves at $0.075

2 days ago 1

Rommie Analytics

What is on record: Nasdaq suspended trading in House of Doge shares (ticker HODO) at the open on Tuesday, according to the 8-K filing with the US Securities and Exchange Commission dated November 2. Our assessment follows further down: for the price of Dogecoin itself the move is almost irrelevant, but investors holding Dogecoin products should take a look at the trademark licence.

Dogecoin traded at $0.0751 at midday on Tuesday, according to CoinGecko, roughly €0.067. That leaves the coin almost flat on the previous day, down 0.13 percent in 24 hours. Bitcoin lost 0.53 percent over the same period to $77,305. The stock market listing of a company that until a few weeks ago called itself the official corporate arm of the Dogecoin Foundation is therefore ending in a market that barely notices.

Nasdaq suspends HODO stock: trading halted since Tuesday's open

House of Doge is a listed company based in Miami that set out to build a business around Dogecoin: licences for the brand, support for exchan...

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