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"I think the price of Dogecoin will continue to increase in tandem with the rest of the cryptocurrency market, but not because of any solid fundamentals, but simply because it will continue to enjoy the self-perpetuating fame of already being famous. How much is one dogecoin worth Dogecoin has also enjoyed something of a cult status on Reddit, where a popular group — not unlike the WallStreetBets group behind GameStop's rally — decided earlier this year to propel its value "to the moon." Dogecoin soared over 600% in the wake of that push.

Dogecoin cryptocurrency price

Even though bears' pressure remains relevant, some coins have come back to the green zone. An introduction to the Dogecoin Price Best Credit Cards for Small Business

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Dogecoin’s price tends to move in concert with other cryptocurrencies. That’s what happened in early 2022, when worries that the Federal Reserve would hike short-term interest rates sent cryptocurrencies tumbling across the board. In the span of roughly a month, dogecoin’s price declined roughly 25%. The drop was similar to declines for bitcoin and many other coins. What is the Dogecoin all time low? Palmer argues that cryptocurrency's independence from mainstream financial systems also means it has no systems to protect the less wealthy. "Fall victim to a scam? Your fault," he said. "Cryptocurrency is almost purpose built to make the funnel of profiteering more efficient for those at the top and less safeguarded for the vulnerable... like taking the worst parts of today's capitalist system (eg. corruption, fraud, inequality) and using software to technically limit the use of interventions (eg. audits, regulation, taxation) which serve as protections or safety nets for the average person."

Doge crypto coin price

It has a circulating supply of 139.5 billion DOGE coins and is ranked #9 by current Dogecoin market cap of $10.1 billion. Dogecoin hit its maximum price on 08 May 2021 and has recorded an all-time high price of $0.690487. Roughly 2 Years have passed since then. The minimum level DOGE dropped after ATH is $0.049660 price is up by 46.18% from that low . For the previous 52 weeks, the lowest and highest value for Dogecoin was $0.0496602 and $0.1573300. Dogecoin Price Summaries It’s not a very difficult task to invest in cryptocurrency, thanks to the easy access available to crypto exchanges and deep penetration of the internet and smartphones. Technology has eased the access to digital currencies for potential investors. To invest in cryptocurrencies, investors need to first do some homework for choosing the right cryptocurrency and crypto exchange. One can buy these currencies using their home currencies, or US dollars, from his/her preferred exchange. However, there are some currencies that accept investment only in Bitcoins or other cryptocurrencies.