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What is the latest price of Dogecoin? Dogecoin price chart over the years

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Release: 2024-07-29 17:30:02
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As of March 15, 2023, the price of Dogecoin is $0.084. Its price history includes: 2013: Launched for less than $0.001 per coin. 2017: Reached $0.017 per coin. 2021: Up to $0.74 per coin. 2022: Fall as cryptocurrency markets fall. 2023: Hovering around $0.08.

What is the latest price of Dogecoin? Dogecoin price chart over the years

Dogecoin Latest Price

As of the time of writing (March 15, 2023), the latest price of Dogecoin is 0.084 USD.

Dogecoin price chart over the years

The price of Dogecoin has been highly volatile since its creation in 2013. Here’s a brief historical chart:

  • 2013: Dogecoin was launched at less than $0.001 per coin.
  • 2017: Amid the cryptocurrency craze, the price of Dogecoin briefly surged to as high as $0.017 per coin.
  • 2018: The market crashed and the price of Dogecoin dropped significantly.
  • 2021: Built by the support of Elon Musk and celebrity hype on Reddit, Dogecoin experienced a significant price increase, reaching a maximum of $0.74 per coin.
  • 2022: With the general downturn in the cryptocurrency market, the price of Dogecoin dropped significantly.
  • 2023: The price of Dogecoin has been hovering around $0.08.

Factors affecting the price of Dogecoin

The price of Dogecoin is affected by a variety of factors, including:

  • Market Sentiment: The overall sentiment of the cryptocurrency market has a significant impact on the price of Dogecoin.
  • Celebrity Endorsements: Public support for Dogecoin from Elon Musk and other celebrities has had a positive impact on its price.
  • Media Coverage: Positive media coverage can boost the price of Dogecoin, while negative coverage can depress its price.
  • Exchange Listing: Dogecoin’s listing on a major exchange increases its liquidity and visibility, which may boost its price.
  • Major Events: Major events such as regulatory changes or developments within the Dogecoin community can also affect its price.

Dogecoin price gains momentum

As of 15:00 on July 26, 2024, Dogecoin (DOGE) was trading at $0.1297, with a 24-hour trading volume of $853.5 million.

Dogecoin is up 4.62% in the past 24 hours. This rise can be attributed to the positive sentiment surrounding recent community events and celebrity endorsements.

Dogecoin is currently in an uptrend and if the positive sentiment continues, the price may continue to rise in the future. However, the market is highly volatile and investors should consider carefully before investing.

Recommendation:

  • Be mentally prepared for the volatility of Dogecoin.
  • Only invest money you can afford to lose.
  • Consider buying when prices are consolidating and taking profits when prices rise.

Short-term trend prediction:

If positive sentiment continues, the short-term trend of Dogecoin is expected to be upward.

Indicator:

  • Price: 0.1297 USD
  • Trading volume: 853.5 million USD
  • Float: 145270856383.71
  • Market capitalization: 18.844 billion USD

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