Price Analysis

Dogecoin Price Analysis: DOGE Price Records 7% Uptrend in a Day

This has been a good year for Dogecoin. The coin has survived with the help of community support initially, and now it also got the backing of some of the major influencers in the innovative tech world. The current market statistics also point towards a growing picture, and it may start rising sharply in the next few months.

DOGE to USD Price Comparison:

In the last one day, DOGE coin has recorded an uptrend of over 7% rising from $0.0027 to its current value at $0.002950 as noted on 06:41:07 UTC today. The coin started trading yesterday at $0.002985 but then fell up to $0.002717 around noon. It has gained some momentum since then and again trading back at $0.0029 mark.

Dogecoin price chart - Aug 11
Dogecoin Chart By TradingView

Current Statistics of Dogecoin:

  • Dogecoin price is now trading at $0.002950 and 0.00000025 BTC
  • The Market Cap of the DOGE is noted to be $343,949,716
  • 24-hour volume is now $21,332,458
  • ROI of the coin stands at 410.01%
  • Circulating Supply has reached 120,718,103,017 DOGE

Dogecoin’s highest recorded value in the last 30-days was $0.003351 and in the last 90 days was $0.004471. DOGE price is showing progressive trends and may reach up to its 30-day highest price in a few days.

Dogecoin Price Prediction and Conclusion:

DOGE started the year trading at $0.0023. It may not have moved much since then, but the coin has certainly got huge backing and support of the community and leaders. Dogecoin may trade up to $0.006 to $0.007 in the next few months if it inks some strong partnership.

This is a great time to start investing in Dogecoin in bulk as the future holds very good gains for those who wait and plan.

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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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