![]() ![]() ![]() And here at Investment U, we have done extensive research on some of the most popular and reputable exchanges. It’s important to learn more about the various cryptocurrency exchanges before making a Dogecoin price prediction. Therefore, it looks like Dogecoin is here to not only stay but also make a major impact as one of the most prominent digital currencies available. Tech giant Elon Musk is an avid supporter who regularly promotes the cryptocurrency on his Twitter page. There’s also a petition with more than 130,000 signatures to push Amazon to accept Dogecoin as a payment method.Īs interest continues to rise, more investors will begin to consider Dogecoin’s potential as an investment. It isn’t just reaching young investors and social media influencers. The interest in Dogecoin is through the roof. And if it does, there’s a high likelihood that another rally will follow soon after. Most analysts expect the value of Dogecoin to rise above its all-time high in the near future. But this is where a Dogecoin price prediction comes in handy. That’s quite impressive for a crypto with an all-time high of $0.74. It’s currently the sixth-biggest digital currency in the world, with a value closing in on $50 billion. That makes Dogecoin one of the best-performing cryptocurrencies on the market. Right now, there’s more than 130 billion DOGE in circulation. Little did he know how far it would come. A man by the name of Jackson Palmer took the likeness of an internet meme and made a digital currency out of it. The popular cryptocurrency is driving a high volume of activity that is making headlines and piquing the interest of investors both new and old.īut will it remain on its current path? That is the big question… Dogecoin History and Outlookĭogecoin is a community-based meme currency that made its debut in 2013. Specifically, Dogecoin ended 2021 at $0.17 after finishing 2020 at $0.0057.Īs you can see, an updated Dogecoin price prediction is extremely important. ![]() That may not seem like much, but that accounts for more massive gains since its inception. Others believe crypto is here to stay and those who join in will reap the rewards.ĭogecoin is currently trading around $0.15. Some experts believe this is a digital bubble that will burst very soon. And this is leading to new trends and more unique investment opportunities, such as nonfungible tokens (NFTs) and a growing list of cryptocurrencies. Younger people are showing more interest in investing. This is because of a new wave of social media interest and influence.Ĭrypto is in the spotlight due to Bitcoin’s consistent rise and the overall evolving landscape of investing. However, it’s very difficult for experts to put a Dogecoin price prediction in place. And while it remains one of the cheapest cryptocurrencies available, it’s become a real investment opportunity. In fact, many experts believe this is just the beginning for the “meme cryptocurrency.” Let’s take a closer look at the real prospects and value of Dogecoin going forward.ĭogecoin’s value is skyrocketing. However software developments have made it a legitimate investment in the eyes of some and it continues to receive considerable interest.Investors are turning to forecast models to determine whether the current Dogecoin price prediction will come true. Other major risers over the past month were Dogecoin and Solana, which recorded increases of 17.24% and 16.87% respectively.ĭogecoin is often termed as the first ‘meme coin’, meaning that it was originally launched as a satirical joke to mock the grand plans of Bitcoin and other early cryptocurrencies. ApeCoin describes itself as a “governance and utility token used to empower a decentralized community building,” and claims to be “at the forefront of web3.” Of those with a market cap of at least $1 billion, ApeCoin recorded the largest increase, with a 45.56% rise over the past month. All figures listed are taken from leading cryptocurrency exchange Coinbase and are correct as of 21 April 2022. However there does remain the possibility of serious profit and a few coins have shown huge growth in the past month. Investing in cryptocurrency can be an extremely risky business with sudden price swings for all but a few of the most stable coins. “It’s not clear whether that was algorithms or discretionary traders, but overall tax selling seems to be the underlying reason.”ĭid you know? The reasons why Bill Gates and Elon Musk are not exactly friends Which cryptocurrencies have seen the biggest gains in the past month? “We had BTC and ETH rebound literally right after the stock market close on Monday,” said Tom Dunleavy, senior research analyst at cryptocurrency market intelligence firm Messari. #Bitcoin Price: $42,000 □ /X5OQZSTwwd- Bitcoin Price April 21, 2022 ![]()
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