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Price Analysis

Dogecoin Price Analysis: DOGE Price Climbs By 9% During First Week Of Third Quarter

  • Dogecoin handles the price drop and books a 9% profit.

Dogecoin price is currently hitting deep waters, but the coin has registered uptrend in the first week when the entire market is crashing. The reason behind the sudden upsurge in the currency is the announcement made by the Binance exchange. The token will soon be enlisted in the exchange which opens a whole new world got the coin. Let’s have a look at the current statistics.

Current Statistics of Dogecoin Chart:

The DOGE price chart is taken from TradingView on 08th June 2019 at 02:50:54 UTC.

Dogecoin price chart - july 8

Dogecoin To USD Summary:

  • The price of the coin is 0.003572 USD.
  • The Return on Investment (ROI) is noted as 539.28%
  • The 24-hour Volume of Dogecoin is 42,830,368 USD.
  • The circulation supply is at 120,247,085,334 DOGE.
  • The Market Cap of Dogecoin stands at 429,538,687 USD.

The coin opened the third quarter at $0.0032. Within the first day, the coin dropped to $0.0029. The same ratio of pick and drop was maintained throughout. However, when Binance exchange announced the listing of Dogecoin, the coin jumped from $0.0030 to $0.045. The hike was of 40%. Later, the market pressure brought the coin to $0.0035 from $0.0045. The downtrend registered 21.13% loss. The coin continued with several picks and drop. The first week of the third quarter booked 9% upsurge by taking the price from $0.0032 to $0.0035. Today, Dogecoin opened at $0.0035 and is currently trending at $0.0034.

Dogecoin Price Prediction and Conclusion:

After getting listed in Binance exchange, Dogecoin will be released to a new world where the trading prospect in the coin will increase tremendously. The same will help the token to double the volume. Altogether, there is a flourishing future ahead for Dogecoin.

By the end of July, we are expecting the coin to trade above $0.0045. Towards the end of 2019, Dogecoin is expected to deal around $0.0075.

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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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