The entire cryptocurrency market has been bearish this month, and Dogecoin is no exception, with prices stagnating. Despite this, Dogecoin still has a large active user base and has recently seen a 32% increase. With the increase in activity around this meme coin, many are expecting its price to rise by the end of the month.

Although the price performance of Dogecoin has been relatively stable, the community behind it is very active. Not only that, the popularity of Dogecoin is also increasing, and many people are looking forward to its future trend. Some analysts believe that with the volatility of the cryptocurrency market, the price of Dogecoin may rise at the end of the month.

According to data from IntoTheBlock, Dogecoin’s daily active addresses have surged 32% in the past 24 hours. Dogecoin’s trading activity has remained stable over the past year. Multiple cryptocurrency experts have been puzzled as to why the leading meme coin has not seen as much growth as its competitors SHIB and FLOKI. At press time, the asset is in a state of flux, trading at just over $0.10.

Additionally, recent analysis by IntoTheBlock also shows that most DOGE holders are in profit. This ties in with the reason for the increase in trading activity, perhaps indicating that holders are capitalizing on their profits.

Will Dogecoin rise in late August?

According to expert analysis, the price of Dogecoin may rise slightly, but it is still far from the expected growth. In the past 24 hours, the coin has risen by 1%, but it is still some distance away from the growth expected by experts. Since the same period last year, Dogecoin has risen by more than 38% to the current level of $0.106. However, the asset faces some bearish prospects and may fail at $0.13, which is considered a critical moment. If Dogecoin can break through this level, it may threaten the $1 surge that many traders expect. Overall, the market is optimistic about the price trend of Dogecoin, but there is also a certain degree of uncertainty. Investors need to pay close attention to market movements in order to seize possible opportunities. As the cryptocurrency market continues to fluctuate, the trend of Dogecoin will also become the focus of investors.

According to CoinCodex, DOGE could drop to $0.89 by August 31, a drop of 11%. Likewise, the coin could fall further by 13% in price by September 17. If trading volumes and active users continue to rise, DOGE may have a more positive outlook by the end of August.

The entire cryptocurrency market has been bearish this month, and Dogecoin is no exception, with prices stagnating. Despite this, Dogecoin still has a large active user base and has recently seen a 32% increase. With the increase in activity around this meme coin, many are expecting its price to rise by the end of the month.

Although the price performance of Dogecoin has been relatively stable, the community behind it is very active. Not only that, the popularity of Dogecoin is also increasing, and many people are looking forward to its future trend. Some analysts believe that with the volatility of the cryptocurrency market, the price of Dogecoin may rise at the end of the month.

According to data from IntoTheBlock, Dogecoin’s daily active addresses have surged 32% in the past 24 hours. Dogecoin’s trading activity has remained stable over the past year. Multiple cryptocurrency experts have been puzzled as to why the leading meme coin has not seen as much growth as its competitors SHIB and FLOKI. At press time, the asset is in a state of flux, trading at just over $0.10.

Additionally, recent analysis by IntoTheBlock also shows that most DOGE holders are in profit. This ties in with the reason for the increase in trading activity, perhaps indicating that holders are capitalizing on their profits.

Will Dogecoin rise in late August?

According to expert analysis, the price of Dogecoin may rise slightly, but it is still far from the expected growth. In the past 24 hours, the coin has risen by 1%, but it is still some distance away from the growth expected by experts. Since the same period last year, Dogecoin has risen by more than 38% to the current level of $0.106. However, the asset faces some bearish prospects and may fail at $0.13, which is considered a critical moment. If Dogecoin can break through this level, it may threaten the $1 surge that many traders expect. Overall, the market is optimistic about the price trend of Dogecoin, but there is also a certain degree of uncertainty. Investors need to pay close attention to market movements in order to seize possible opportunities. As the cryptocurrency market continues to fluctuate, the trend of Dogecoin will also become the focus of investors.

According to CoinCodex, DOGE could drop to $0.89 by August 31, a drop of 11%. Likewise, the coin could fall further by 13% in price by September 17. If trading volumes and active users continue to rise, DOGE may have a more positive outlook by the end of August.