The Dogecoin is currently in a very good position in the crypto market. The value of the currency is holding its position in the market. The other currencies are also doing good in the market such as Bitcoin is trading around the value of $12,645.77 with the increasing of 7.49%, Ethereum is trading at $314.94 with the surge of 2.06%, and Ripple is trading at a value of $0.401 with the increasing of 1.19%.
The experts are saying that the value of the Bitcoin surge also effect on the value of Dogecoin and this might a reason why the value of Dogecoin is increasing because of the value of Bitcoin is increasing. The experts are thinking that Dogecoin has a bright future ahead.
The experts think that the value of Dogecoin is surely going surge in the market. Unfortunately, the recent bearing correction has affected the value of the altcoin, but there will a surge soon.
Current Value Status of Dogecoin (DOGE): Currently the 29th position currency is trading at the value of $0.003560 USD and its value is currently decreasing by -1.03% at the time of writing, but still, the currency is holding its position on $0.0035. The market capitalization of the Dogecoin is $428,167,584 USD and the 24-hour volume of the currency is $39,953,289 USD. The circulating supply of the currency is 120,274,812,489 DOGE and the ROI of the currency is 537.09%.
Dogecoin’s Value Forecast: The experts are positive that the value of the currency will increase and one of the reasons behind the surging is that it’s listing by the Binance crypto exchange. The coin has a bright future ahead and the world’s biggest cryptocurrency will also be going to the main factor behind the surge.
The experts are sure that Dogecoin will make up to $0.0075 by the end of 2019 and the token will be having the profit of 4% to 5% by the hear 2022. The experts are advising that the best way to invest in Dogecoin is to invest in it for the long term.