Dogecoin Price Analysis: Coin’s Price is lingering around $0.0026

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Arushi Dubey
Arushi Dubey is a student of Bachelor in Arts( Psychology). She is pursuing Psychology in arts with English literature and French Language. She is well versed in the English language. She is good at expressing her thoughts into words. She is still getting more and more trained in gathering knowledge related to Crypto Currencies and expressing them.

The cryptocurrency market is going through ups and downs in the previous weeks. Some of the currencies are facing downward trends and on the other hand, Dogecoin is also struggling with the downside trend, the currency is still hovering around the value of $0.0026. All altcoin in the market is also suffering from the same fate and bearish pressure.

On 26th August 2019, the currency was about to reach a high value of $0.002829 and even the low value of $0.002640.


Current Status of Dogecoin (DOGE): The currency is trading at the value of $0.002601 and its value is decreasing by 0.56%. The market capitalization of the currency is $314,616,289 and the 24-hour volume of the Dogecoin is $21,596,383. The circulating supply of the currency is 120,967,791,698 and 365.45%.

On 26th August, the currency is trading at the value of $0.002666, later the value increased by 2.69% and reached up to $0.002738. But, later the currency dropped down to $0.00258 from the value of $0.00273 and the total decrease was around 6.18%. Somehow, the reached achieved the value of $0.002685 and the increasing value was around 0.72%.
But, yesterday, the value of Dogecoin was decreased by 5.52%, the values go down to $0.002537 from the value of $0.002685. Later the value of the currency decreased around 1.43% from its opening value in the market.

Dogecoin price prediction 2020: The reason behind the decrease in the value of dogecoin is due to market pressure. On the other hand, the experts are saying that the bears will stay for a bit longer time and not leaving the market soon. Intraday investors are possibly suffering. The coin will provide high ROI to the long-term investors and its value will surely rise in the future.

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