The cryptocurrency market has increased constantly. Several companies and governments have looked alive in industry. In the middle of that, Elon Musk urges the US government to put the treasure on the blockchain. The leading name that came during these discussions was Dogecoin (DOGE). Several members of the community urged Musk to use the Blockchain Doge. In the midst of this, the community expected that the asset witnessed a haus ass.
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How is Dogecoin?
The prominent memes piece recorded a massive fall in last week. DOGE has dropped by 21% in the last seven days. The asset was negotiated at $ 0.3398 before falling at a minimum of $ 0.2251. The cryptocurrency managed to reach a summit of $ 0.4335 during the month. At the time of writing the editorial staff, Dogecoin was price of $ 0.2598 after a drop of 2.50% in the last 24 hours.
Meanwhile, Ali Martinez, an eminent analyst underlined how Dadecoin whales took the meme piece. The last crash prompted the community to buy the decline. Martinez revealed that the whales had bought 750 million Doge. Despite the fall of Doge, the analyst underlines how the market is confident and optimistic about the memes play.
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Price prediction in mid-February
The cryptocurrency market has shown increased volatility. Unfortunately, this trend should continue in the coming days. According to Coincocex data, DOGE will be priced at around $ 0.2,3751. The highest than the meme medal will exchange during this week is $ 0.25,800. It should be noted that this is a slight growth in the current price level of the assets.
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