Indeed, there are those among you who are interested in "What is Dogecoin price today?" or are looking for Dogecoin price prediction 2021.
The coin has become especially popular this year. It seems that the Dogecoin prediction is of interest to both beginners and pro traders.
What Is So Special About The DOGE?
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Crypto asset
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Dogecoin
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Ticker Symbol
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DOGE
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|
Price
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$ 0.210978
|
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Price Change 24h
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+2.60%
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Price Change 7d
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+8.40%
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Market cap
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$27,268,253,638
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Circulating Supply
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130,639,341,482 DOGE
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Trading Volume
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$1,248,601,029
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All time high
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$0.7376
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All time low
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$0.00008547
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Dogecoin ROI
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+37281.49%
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If this is your first time hearing Dogecoin, then you definitely cannot walk past the origins of how this title appeared. This is a hilarious story adored by all crypto geeks. As the name suggests, the DOGE title is nothing more than a reference to the Shiba Inu dog breed.
What is the reason for the coin's popularity anyway? Why are Dogecoin price predictions so crucial to investors looking for promising coins to invest in?
The first thing to pay attention to is that it is a decentralized coin, ensuring data security. Most experts who create accurate Dogecoin forecasts point out that the asset is an entirely viable alternative to BTC.
An equally important factor that affects Dogecoin's current price is the asset's popularity among investors and the crypto community. The crypto market is incredibly volatile, and the popularity of assets among investors has always played a significant role in price formation.
The same thing happens with DOGE. The unique community of Dogecoin HODLers is fueling interest in the asset. As a result, most Doge price predictions indicate that the coin's price will be on an uptrend and will continue to rise in the near term.
Doge Price Prediction: Is It Bullish or Bearish?
After the last bitcoin price collapse, many forecasts, including the Doge price prediction, changed their optimistic sentiments to more moderate ones.
It would seem that the opinions of experts and analysts no longer make sense, and all previously announced information about Dogecoin predictions is nothing more than rumors and assumptions.
However, the BTC price has returned to normal after another correction. It seems that the stage of destruction has been left behind, and the crypto market is showing positive trends again.
On this wave, the current Dogecoin price is gradually entering a positive trend.
More recently, on June 22, the coin's price showed a sharp rebound from the 200-day SMA. However, the resistance line was never broken. The price has returned to the downtrend that began in May 2021. All this suggests that investors' interest continues to persist.
Some experts using Dogecoin news predictions note that the destruction phase should sooner or later be replaced by the growth phase. However, Dogecoin current price has not been able to stabilize over the past week.
It seems that its fate will remain unclear until the end of July 2021.
Almost every price chart indicates that Doge price predictions are unlikely to please their coin owners in the next few weeks.
Let's take a closer look at what happened to the price of the coin in June 2021. This will help you understand whether Dogecoin price predictions given by pro analysts correspond to reality.
Doge Price Prediction: Confusion or Cautious Optimism?
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Year
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Mid-Year
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Year-End
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Tod/End,%
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2021
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$0.25
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$0.40
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+91%
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2022
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$0.42
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$0.55
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+162%
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2023
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$0.67
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$0.79
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+276%
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2024
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$0.75
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$0.85
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+305%
|
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2025
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$0.95
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$1.02
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+386%
|
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2026
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$1.11
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$1.01
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+381%
|
|
2027
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$1.05
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$1.12
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+434%
|
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2028
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$1.19
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$1.26
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+500%
|
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2029
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$1.32
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$1.39
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+562%
|
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2030
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$1.19
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$1.22
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+481%
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2031
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$1.27
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$1.32
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+529%
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2032
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$1.37
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$1.42
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+577%
|
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2033
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$1.47
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$1.52
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+624%
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It seems that after a short rally, Dogecoin current price was still unable to overcome the $0.291 mark. Moreover, investors have witnessed a sharp drop in trading volume, which indicates an interest decrease.
Still, don't assume that Dogecoin stock forecasts that say "Don't panic" are deliberately wrong.
Most altcoins have also faced a series of unsuccessful attempts to break through the resistance line. The bulk of the coins have not reversed the trend even over the past 11 trading sessions.
Note the bitcoin's price correction made a strong impression on all investors. Subsequently, some of them lost faith in crypto investments to a certain extent.
Meanwhile, reputable sources that shape Doge price predictions claim that the coin has incredible support from the bulls, trying to break through the resistance line until early August.
Doge Price Prediction 2021 by CryptoNewsZ
As stated in
Dogecoin price prediction 2021 offered by CryptoNewsZ the price might reach $0.7376. Experts believe that a huge support from crypto celebs like Elon Musk can boost the coin’s price any moment.
Doge Price Prediction 2021 - 2022 by Coin Price Forecast
Safetrading experts have analyzed dozens of Dogecoin projections. Today, you will learn more about Dogecoin forecasts offered by such a reputable source as Coinforecast.
Coinforecast experts note that the price of the coin started at $0.0232 in Q1 2021. In total, the coin managed to grow by an incredible 955%! Meanwhile, Dogecoin current price has reached $0.2448.
According to Doge price predictions, the asset price could reach $0.95 in Q4 2021. At the same time, the Dogecoin price prediction by Coinforecast indicates that the overall growth of coins during the year could be +288%.
The more profound Doge price prediction indicates that the overall price increase could reach a staggering +3995% over time.
As for Dogecoin price prediction 2022, experts suggest that the price could rise to $2.33. What's more, Dogecoin can quickly jump the $3.5 mark by the end of 2022. Just imagine that it can turn into +1399% to the current price.
Doge Price Prediction 2023-2027 by Coin Price Forecast
If you plan to buy and HODL a coin until 2023, you will surely be interested in where will Dogecoin be in 5 years.
Coinforecast experts note that the coin's price will rise significantly over the specified five-year period and easily overcome the $13.5 mark. If we consider the current Dogecoin price, the asset is regarded as a very profitable one – without exaggeration.
Coinforecast analysts state that according to their Doge price prediction, the price of a digital asset in 2023 could rise sharply from $3.67 to $6.33 in Q3 2023.
As for Q4 2023, the price of the coin could gain a foothold at $7.49. If you consider the Dogecoin price today, then the price change will be + 2.960%.
Doge Price Prediction 2028-2032 by Coin Price Forecast
So, we found out the price of Dogecoin in 5 years – according to Coinforecast experts. However, what will happen to the price over the next 10 years?
Coinforecast expects the price tag to rise from $13.52 to $25.39. Analysts predict that the beginning of 2028 will be very successful for Dogecoin. The price could increase to $16.32 in Q3 2028. Experts suggest that according to their Dogecoin prediction 2028, the cost of the coin could reach $17.87.
Doge Price Prediction: Will DOGE Hit $1 in 2021?
Most Dogecoin news predictions say the coin's price could exceed $1 in Q4 2021. However, the stability of the crypto market is far from the only factor that can affect this.
One way or another, developers will need to add and test new features. A successful update will also affect the price increase.
Dogecoin price could face a series of ups and downs considering possible pandemic scenarios. Still, the asset really deserves your attention – if you are investing in the long run.