In July, it is not recommended to invest in Dogecoin!

Currently, Dogecoin is trading at about $0.12, and investors who were stuck at high prices have not been able to get out.

Dogecoin has experienced little price growth this year, despite Tesla CEO Elon Musk mentioning the meme coin multiple times on Twitter. The meme currency has climbed significantly in 2021, briefly surpassing the 1 cent mark and reaching as high as $0.73. However, since hitting an all-time high in May 2021, the price of DOGE has plummeted and has yet to return to its former glory.

In July of this year, Dogecoin showed few signs of significant price growth, and the dog known as Dogecoin’s mascot also passed away recently. There is very limited new community hype for Dogecoin, with the market trending towards the new meme coin.

In addition, after the Bitcoin halving event, Dogecoin once broke through the key price of $0.21. However, the price of DOGE fell rapidly after this incident, falling nearly 50% in the past three months. Dogecoin is not expected to see much market performance this year and may be at a disadvantage for quite some time.

The cryptocurrency market is becoming increasingly competitive, are you ready to face these challenges? #非农就业数据即将公布 $DOGE