Dogecoin gained popularity as a meme coin, providing inspiration for many other animal-themed cryptocurrencies. These meme coins, as the name suggests, were originally created as a lighthearted joke. However, their popularity has skyrocketed significantly in recent years.
In order to participate in the memecoin craze, many users have shown interest in joining this growing trend. Dogecoin played a key role in sparking the meme coin craze and subsequently inspired the development of various coins that aimed to emulate its success.
With so many users getting their hands on Dogecoin, the question arises as to how high can Dogecoin go this week. With the entire market trading in the green, DOGE is back to the $0.15 level, which is our price prediction for this week.
Can Dogecoin reach $0.2 this week?
Several factors such as market conditions, price action, developments, supply, and use cases will determine whether the Dogecoin price prediction surges this week.
Based on Dogecoin's performance in early 2024, Changelly's cryptocurrency experts predicted the price of Dogecoin this week. The minimum price of DOGE is expected to be $0.158 in this time frame. The maximum price is expected to be $0.161. According to Changelly analysis, DOGE is unlikely to touch the $0.2 level this week.
According to CoinGecko data, Dogecoin has reclaimed the $0.15 level. DOGE is trading at $0.1627, up 2% in value over the past 24 hours. Dogecoin has also gained 12.3% over the past seven days.
However, the accuracy of these predictions remains uncertain as they can be easily influenced by Elon Musk’s tweets, which have been influential in driving speculation around Dogecoin’s price in the past.
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