Does dogecoin have potential

In 2 weeks USD to DOGE prediction on Tuesday, July, 18: price 14.706 coins, maximum 15.873, minimum 13.699. Dollar to Dogecoin forecast on Wednesday, July, 19: price 14.085 coins, maximum 15.152, minimum 13.158. USD to DOGE prediction on Thursday, July, 20: price 14.085 coins, maximum 15.152, minimum 13.158. Dollar to Dogecoin forecast on Friday, July, 21: price 13.514 coins, maximum 14.493, minimum 12.658. USD to DOGE prediction on Monday, July, 24: price 13.333 coins, maximum 14.286, minimum 12.500. Will dogecoin reach bitcoin levels The beginning of the second half of 2023 is expected to be choppy as the bulls and bears continue to struggle for dominance. The bears could get exhausted in the first few weeks after carrying out multiple attempts to restrict the price below interim resistance. This will be when the bulls may re-dominate the rally, pull a significant leg up beyond $0.08, and also reach $0.085 by the end of the year.

Per Trading Beasts’ DOGE price prediction, Dogecoin’s price will rise in the coming years. They predict that its price may grow to $0.005 by January 2021. Trading Beasts predicts that Dogecoin’s price in 2021 may trade within the $0.004–0.0063 range. For 2022, they expect the trading range to expand to $0.0043–0.007. By 2023, Dogecoin should grow further and establish $0.005 as the lowest possible price and $0.008 as the highest. What is Dogecoin? Unlike most crypto assets, it doesn't strive to be a good store of value. Currently, there are more than 129 billion DOGE coins in existence, compared to less than 19 million bitcoins with a total supply limit of 21 million. Dogecoin has no supply cap, and each year, users mine billions more.

On May 8, 2021, despite—or perhaps because of—expectations of a surge in interest in Dogecoin resulting from Elon Musk's appearance on Saturday Night Live, Dogecoin dropped 34% from US$0.711 at the opening of the show to below US$0.470 45 minutes later. By the following morning Dogecoin hit a swing low of US$0.401, a cumulative drop of 43.6% and lost value of US$35 billion. So, Will Dogecoin Reach $1 Dogecoin was created in 2013 by software engineers Billy Markus and Jackson Palmer as a faster but “fun” alternative to Bitcoin. It was started as a satire on the numerous fraud crypto coins that had sprung up at the time, and takes its name and logo from a Shiba Inu meme that was viral several years ago.

RSI is an indicator that evaluates overbought or oversold conditions in the price of an asset. The RSI is a line graph that moves between two extremes and has a reading from 0 to 100. Traditional usage of the RSI is that: So, Is Dogecoin a Good Investment? As of 2023 July 04, Tuesday current price of DOGE is $0.0679 and our data indicates that the asset price has been in an uptrend for the past 1 year (or since its inception).