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Price Analysis

Dogecoin Price Analysis: Dogecoin (DOGE) Escalates By 40% After The listing Announcement On Binance

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Binance, the well-famed crypto exchange recently announced to list Dogecoin on its exchange and this led the phenomenal escalation in the trading price of the coin.

With recent trades, DOGE might have won the hearts of many investors, and now its time to grow and blossom even better with Binance.

Price Analysis of DOGE on 5th July 2019:

DOGE is currently trading at $0.00446977 at 08:31 UTC as on 5th July 2019. Yesterday at the same time, the value was trading around $0.00317237 (increased by 40.8% in 24 hours). The other contributing factors in DOGE positioning are as below:

Dogecoin Price Chart - 5 July
Dogecoin Price Chart
  • Return on Investment: 688.36%, which was 475.99% yesterday (increased by 44.61%)
  • Market Ranking: 26, which was 31 yesterday
  • 24 Hour Volume: 96,812,843 USD, increased by 188.3% from yesterday
  • Market Cap Value: 529,588,157 USD, increased by 36.8% from yesterday
  • Total supply/ Circulating Supply: 120,219,215,287 DOGE/ 120,219,215,287 DOGE
  • 7 Day high/ low: 0.004481 USD/ 0.003080 USD

Dogecoin Price Comparison:

Yesterday around 06:03 UTC, the lowest of the coin was trading at $0.00302718, which is now increased by 47.66%. Considering the data a few minutes before around 06:51 UTC when the value was fluctuating below the baseline at $0.00303601 is now increased by approximately 44.75%.

With the sudden extremely high escalations, DOGE has surely made his space in the favorite altcoins group.

Dogecoin Price Prediction and Conclusion:

As Binance announces to list Dogecoin on its exchange platform, DOGE price is expected to rise as Binance opens trading for 5 pairs alone with Dogecoin viz., DOGE/BNB, DOGE/BTC, DOGE/USDT, DOGE/PAX, and DOGE/USDC. This news is manifested to elevate the price momentum of the coin, and the trading price of the coin is going to see a bullish crossover in the coming days. The investors of Dogecoin to wait and gawk as their investments will fetch bountiful returns with the recent flagging announcement.

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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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