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Price Analysis

Dogecoin (DOGE) Price Analysis: Recent Addition on Paytomat Helped in Strengthening Grip, Still Need to Overcome Market Hiccups

  • Digital asset giant, Paytomat, added Dogecoin on their network.
  • The USD Vs. Dogecoin price also hiked and valued at USD 0.003110.

It seems that finally, the market has started to take Dogecoin seriously. Once on the verge of dying, Dogecoin (DOGE) started to break through its rough patches now, but still has a long way to go. Here are some trading facts that will help you in understanding market sentiments regarding Dogecoin.

Dogecoin Price Analysis:

Dogecoin chart

  • According to CoinMarketCap, Dogecoin (DOGE) is at 29th place in cryptocurrency market rankings.
  • On May 27, at UTC 06:14, the 24-Hour volume in the altcoin was 71,910,999 USD.
  • At the same time, total Market Cap of the crypto was 372,346,865 USD, with a total of 119,670,352,899 DOGE coins in circulation.
  • If you look at DOGE Vs. Bitcoin pricing, the crypto was valued at 0.00000036 BTC per chip, at the above mentioned time.
  • 25-days back, on May 2, Dogecoin (DOGE) was trading at USD 0.002611; however, since then its value has strengthened by 19.11%.

DOGE Price Comparison:

Time PeriodHighLow
All-Time0.018773 USD
(Jan 07, 2018)
0.000085 USD
(May 07, 2015)
Yesterday0.003115 USD0.002935 USD
7-days0.003134 USD0.002795 USD
30-days0.003521 USD0.002443 USD

Yesterday too was a good trading day for bullish Dogecoin (DOGE) trends, as it opened at 0.002987 USD and wrapped up the day at 0.003092 USD, with an intraday gain of 0.000106 USD (3.54%). The total trading volume of Dogecoin (DOGE) for the previous day was 68,909,916 USD.

Dogecoin (DOGE) Price Prediction:

Dogecoin (DOGE) has strong community support of dedicated users and developers, who maintain and keep a check of the altcoin from time to time. The short and medium term for the crypto is slightly bullish; however, long term holdings will surely give a massive return. By the end of the year, Dogecoin is all set to hit 0.05 USD mark, if it manages to maintain its current growth.

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Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.
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