Dogecoin has been struggling with the market pressure to make its way up. The coin is reflecting a disappointing movement in the ongoing month. The month is about to end, and we cannot see any hope of a major escalation in the coin.
The currency might recover in the last few days of the month, but the DOGE holds the possibility of closing the month at a loss if compared from the opening price of the month.
Dogecoin to USD Price Comparison:
Yesterday, Dogecoin opened with a heavy drop of 6.49%. The price changed from $0.002695 to $0.002522. Later, Dogecoin price took another drop of 5.03% from $0.002642 to $0.002508. Somehow, DOGE managed to close the day at $0.0026 with an intraday loss of 1.84%. Today, the coin is reflecting a moderate movement. The coin experienced a major escalation in the price by 5.52% as DOGE price changed from $0.0025 to $0.0026.
Current Statistics of Dogecoin:
|Circulating supply||120,967,791,698 DOGE|
|Total supply||120,967,791,698 DOGE|
Dogecoin Price Prediction and Conclusion:
DOGE couldn’t come out of the market pressure. As per historical data and analysis, Dogecoin might close the year around its 90-Day high value of $0.0044. We would recommend the traders to dig in for the long-term. The specified time is expected to give maximum results to the traders. Hence, investing in the coin wouldn’t go futile.