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Price Analysis

Dogecoin Price Analysis: Dogecoin Resorts to Meme Zone to Keep Increasing Popularity

  • DOGE gets an upvote from Stealthex giving the opportunity for faster swaps
  • DOGE may surge up to $0.0030 in the next one month

It has been a year of recognition for Dogecoin token, and the crypto has got its share of sudden recognition here and there throughout the year. The post by Elon Musk declaring DOGE as his favorite crypto went viral and the community just supported the coin all the more. The current market performance of the coin also looks decent and can become progressive in the coming month.

DOGE Price Statistics:

Dogecoin token has recorded a downtrend of over 7% within a day dipping from $0.0027 to its current value at $0.0025 as on August 25, 2019, at 06:02:37 UTC. The coin may rise to $0.0027 once again by the end of the day, but it had an up, down, uptrend for the most part of the day between yesterday and today.

Dogecoin price chart - Aug 25
Dogecoin Chart By TradingView
  • The price of DOGE coin is noted to be $0.0025 and 0.00000026 BTC
  • The market cap of the coin has reached $318,367,371
  • The 24 h volume of the coin is noted to be $21,431,051
  • The circulating supply has reached 120,912,212,954DOGE
  • The ROI of the coin is noted to be 372.17%

The highest recorded value of Dogecoin token in the last 7 days was $0.0028, and the coin may rise to this value again in the next 7 days again. It may, however, take another 2 to 3 weeks for DOGE to cross $0.0030 mark again.

Dogecoin Price Prediction:

Dogecoin started the year trading at $0.0023, and it is currently hovering around this value but on the higher side. The coin may not have moved much, but it has also not gone below $0.0025 in the last 90 days which is a good sign. DOGE has immensely being supported by the community and now gaining global attention for being reliable as well. DOGE may surge up to $0.0050 by the end of the year and may start trading above it for permanent.

Conclusion:

The investment done in DOGE token now can prove to be beneficial in the next 2 years.

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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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