As of now, the live price of Dogecoin is $0.34. Long-term bullish: USD 0.35 expected in December 2024; Medium-term bullish: USD 0.14 expected in mid-2024; Short-term bearish: A correction is likely in the first half of 2024. Factors that influence the price of Dogecoin include: community support, adoption, supply, market sentiment, regulatory environment, and price manipulation.
Dogecoin real-time price quotes
The real-time price of Dogecoin as of December 31st is $0.34 .
Dogecoin Price Prediction for December 2024
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Long-Term Bullish: Dogecoin Price By December 2024 It is expected to reach $0.35. Strong community support, growing adoption, and low supply are expected to drive its price upwards.
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Mid-term Bullish: In mid-2024, the price of Dogecoin is expected to reach $0.14. Positive market sentiment, increased trading activity, and increasing demand from retail investors are expected to boost its growth.
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Short-term bearish: The cryptocurrency market may face uncertainty and volatility, and the price of Dogecoin may experience some correction in the first half of 2024. However, the currency is expected to regain đà tăng in the second half of 2024 as market sentiment improves.
mempengaruhi Dogecoin Price Factors
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Community Support: Dogecoin has a large and active community, which provides it with a solid base of support. The passion and engagement of the community helps drive its price up.
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Adoption Rate: Dogecoin’s adoption rate continues to increase and is being accepted by more and more merchants and individuals as a payment method. Increased adoption increases its availability and demand, which has a positive impact on price.
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Supply: Dogecoin has a limited supply of approximately 132.1 billion coins. A limited supply limits its circulation, thereby increasing its scarcity and value.
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Market Sentiment: The overall sentiment of the cryptocurrency market can also affect the price of Dogecoin. If market sentiment is bullish, the price of Dogecoin may rise.
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Regulatory Environment: Changes in the regulatory environment can affect the price of cryptocurrencies, including Dogecoin. Tighter regulation may inhibit growth, while looser regulation may promote growth.
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Price Manipulation: It is important to note that the cryptocurrency market may be susceptible to price manipulation. This could lead to large price swings, which could impact the price of Dogecoin.
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