Dogecoin Price Analysis: DOGE Price Registers Moderate Loss Since Last Month
Dogecoin price has been showing a downtrend but with a moderate plunge. The same momentum is a sign of high potential coin. The entire market has experienced a blow in their heart in the ongoing month. There were high expectations that the third quarter would bring another upsurge, but nothing came true.
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However, the drop isn’t continuous. There would be a time when the market will bounce back and register an extraordinary upsurge. Dogecoin is likely to join the bandwagon of the most result giving coin.
Dogecoin to USD Price Comparison:
The chart is taken from TradingView on 25th July 2019 at 05:15:36 UTC.
Current Statistics of Dogecoin:
| Particulars | Dogecoin (DOGE) |
| Dogecoin Price | 0.002822 USD |
| Rank | 30 |
| ROI | 429.71% |
| Market Cap | 356,295,341 USD |
| Circulating Supply | 120,496,711,199 DOGE |
| 30 Day High / Low | 0.004471 USD / 0.002772 USD |
Dogecoin Price Prediction and Conclusion:
The market is not expected to rise in this month. The ongoing downfall has taken Dogecoin to $0.002822, and if we compare with the opening price during the beginning of the month, there is not much difference noted in the coin. The currency has a high potential to stay put in the market. Dogecoin price might touch a high at $0.0070 by the end of 2019.
The investors can dig in with a long-term plan. The said period would give a high ROI.
