Dogecoin [DOGE], unlike its rival Shiba Inu [SHIB], seems to be in trouble. While SHIB has seen a small recovery today, DOGE continues to fall. At press time, the meme coin is trading at $0.107. Over the past few hours, the asset has lost 0.97%. DOGE has also lost 15% over the past seven days. The asset’s monthly loss reaches 26.99%.
Additionally, DOGE’s open interest is valued at $2.51 billion at press time. The asset has lost 80% since the decline began on June 8. In comparison, a month ago, the asset’s open interest was valued at over $10 billion.
But Changelly believes that DOGE may see a reversal in the current trend. This week, the meme coin is expected to see an uptick. During this period, some investors hope that DOGE will touch the 50 cents mark. According to Changelly, DOGE will reach the 50 cents mark in 2027. The network revealed that the asset will surge to a maximum price of $0.5398 in 2027. Dogecoin is expected to trade at a low of $0.4724 in the same year.
Dogecoin Co-Founder Comments on Current Market Trends
Billy Markus, co-founder of the Dogecoin network, commented on his X account in 2013 about the significant decline that the cryptocurrency market is currently experiencing. This time, Markus, who is known on social media for his jokes and darkly sarcastic observations about cryptocurrencies and crypto markets, commented on Bitcoin’s current decline. He even pointed out that the entire market was going downhill. He shared a photo of a sinking ship with the caption, "How's your cryptocurrency doing?" The ship's bold caption, "No worries," offered the solution.
Dogecoin [DOGE], unlike its rival Shiba Inu [SHIB], seems to be in trouble. While SHIB has seen a small recovery today, DOGE continues to fall. At press time, the meme coin is trading at $0.107. Over the past few hours, the asset has lost 0.97%. DOGE has also lost 15% over the past seven days. The asset’s monthly loss reaches 26.99%.
Additionally, DOGE’s open interest is valued at $2.51 billion at press time. The asset has lost 80% since the decline began on June 8. In comparison, a month ago, the asset’s open interest was valued at over $10 billion.
But Changelly believes that DOGE may see a reversal in the current trend. This week, the meme coin is expected to see an uptick. During this period, some investors hope that DOGE will touch the 50 cents mark. According to Changelly, DOGE will reach the 50 cents mark in 2027. The network revealed that the asset will surge to a maximum price of $0.5398 in 2027. Dogecoin is expected to trade at a low of $0.4724 in the same year.
Dogecoin Co-Founder Comments on Current Market Trends
Billy Markus, co-founder of the Dogecoin network, commented on his X account in 2013 about the significant decline that the cryptocurrency market is currently experiencing. This time, Markus, who is known on social media for his jokes and darkly sarcastic observations about cryptocurrencies and crypto markets, commented on Bitcoin’s current decline. He even pointed out that the entire market was going downhill. He shared a photo of a sinking ship with the caption, "How's your cryptocurrency doing?" The ship's bold caption, "No worries," offered the solution.