![]() In such a case, DOGE’s price could pounce to its potential high of $0.26576. The canine coin could fare up against industry leaders. If the team behind Dogecoin rollout developmental upgrades and real-life use cases. Successively, the average price could settle at $0.11821. That said, a possible crisis in the business could dump the price to $0.07965. Hence, by the end of 2023, the meme coin would hit $0.15842. The possibility is further justified, as the average time token is held, is an astonishing 1.8 years. As the meme space would become trader’s favorite to fight potential inflation threats. Dogecoin’s Price Forecast For 2023ĭogecoin price is expected to gain major traction in 2023. The price can possibly slump to $0.06224. That said, if the sentiments fall prey to the bears, with concerns around utility and value. Howbeit, regular buying and selling pressures would leave the price at an average level of $0.07509. If the coin gets listed on newer familiar cryptocurrency exchanges, the price could soar to close the year at $0.08836. While the average price could stick around $0.06100, bears could clutch down the price to $0.05685. On an optimistic note, according to Into The Block, 2.04 M addresses are In the Money, whereas 1.84 M addresses are out of the money. Further impetus such as major acceptance and adoption, could propel the price to its potential high of $0.06473. If the meme coin carries forward the third quarter, with bullish trends. The canine coin has slipped from its second quarter’s high of $0.179 to press time levels of $0.05951. The second quarter has been brutal for the industry, the implications of which have reflected on the price of DOGE. By the end of the quarter, DOGE’s price had managed to climb to $0.1459. However, turbulence in the business led to a downswing, when it breached the quarterly low of $0.107. When it spiked to $0.1732 on the 7th of February. Following which the asset moved sideways, sticking closer to its support levels until the 3rd of February. The spike was short-lived, as DOGE plummeted below its support to the bottoms of $0.1208 on January 22nd. However, it portrayed a quick “V-shaped” rebound, with the wick brushing $0.2147 on the 14th of January. The meme coin saw a fall to its support of $0.1365 on the 10th of January. Continuing its southward momentum from the previous year. O verview Cryptocurrencyĭogecoin had made its way to 2022, with a trading price of $0.1701. Are you keen on the price predictions of Dogecoin? Join in as we dive into the possible price projections of the meme coin for 2022 and the years to come. ![]() ![]() That said, investors are still keen on DOGE, despite emerging rivals such as Shiba Inu, and have been pondering over its future prospects.
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