Predictions According to Dogecoin DOGE Price Experts

Lutfi

Predictions According to Dogecoin DOGE Price Experts
Predictions According to Dogecoin DOGE Price Experts

Rancakmedia.com – In 2021, Dogecoin price DOGE is expected to become one of the most popular cryptocurrencies. The reason is, since it was created in December 2013, this crypto asset has managed to achieve total growth of more than 4 thousand percent in 2021.

Despite experiencing price changes, DOGE managed to maintain its status as one of the top cryptocurrencies. 15 best assets by market capitalization. So, can the assets supported by the Tesla CEO maintain their existence in 2022? The following is the Dogecoin price prediction for 2022.

Dogecoin Price Movement from Year to Year

Before reviewing Dogecoin price predictions, let's first look at a summary of price changes from year to year.

Dogecoin DOGE Price Movement 2013-2014

Dogecoin initially entered the crypto market in December 2013 at a price of around 0,00026 US dollars per coin. When meme currency reaches a tenth of a cent, it practically triples in a matter of days. However, in the first week of 2014, it fell again below $0,00026.

Around mid-January, DOGE prices rose 600 percent in less than a week. Shortly after, DOGE's value dropped 50% from its February 1 lows.

The price of DOGE continued to decline until it reached its lowest point, namely 0,0001 US dollars, in mid-August 2014. A month later, the value of DOGE rose slightly to 0,0004 US dollars and then the price fell again for the umpteenth time. That's less than half of DOGE's 2014 price of US$0,0004 at the end of the year.

Dogecoin Price from 2015 To 2017

The first half of 2015 saw DOGE prices mostly fall. In May, DOGE fell to a new all-time low of 0,00009 US dollars. By mid-2015, DOGE had risen to a value of $0,00022. Dogecoin, on the other hand, fell to 0,00015 US dollars before the end of the year.

The 2016 surge in January saw the price more than quadruple, but this surge was followed by a decline and the remainder of 2016 remained fairly stable, with Dogecoin at $0,00023 at the end of the year.

After a very smooth first quarter, Dogecoin surged to US$0,0039 in May 2017. The reason is that December 25 seemed to offer Dogecoin holders a Christmas miracle, as the price broke through US$0,01 and for the first time DOGE's market value reached 1 billion US dollars .

Dogecoin Value Movement from 2018-2020

On January 7, 2018, Dogecoin reached a record high price of $0,0167, up 700% from early 2017. DOGE's price had fallen to $0,0032 a month earlier. No matter how hard Dogecoin tries, it will stay at or below a penny for the rest of the year.

Dogecoin opened 2019 at less than a quarter of a cent, and the rest of the year offered little excitement. Compared with 2018, 2019 saw some minor changes, with increases of US$0,0039 and US$0,0044 in April and July respectively, reaching a peak of US$0,0039.

In the first few months of 2020, DOGE rose from $0,002 to almost half a cent. However, this rise did not last long, Dogecoin reached a low of $0,0011 after losing more than 26 percent in March.

After rebounding, the price of Dogecoin DOGE suddenly jumped to 0,0056 US dollars in July. Most are linked in a range between $0,0025 and $0,0039 over the next few months. There was a big increase towards the end of the month that saw DOGE close 2020 trading at 0,0047 US dollars.

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Lutfi

Hi, let me introduce myself, Lutfi Hulasoh, I am a writer and techno blogger. I started creating a personal blog writing informative articles about the latest trends and developments in technology. My writing covers a wide range of topics, from mobile applications to artificial intelligence, and I can also provide easy-to-understand explanations to help readers understand complex concepts.