Why Buying Dogecoin At $0,06 Is Smart! | Dogecoin News (You Did Not Know This)

Why Buying Dogecoin At $0,06 Is Smart! | Dogecoin News (You Did Not Know This)
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Dogecoin to USD has proven remarkably resilient over the years. In fact, Dogecoin is one of the space’s big success stories, having grown from a price measured in ten-thousandths of a penny to its current standing at right around 1 cent. Dogecoin has even proved more hearty in times of market turmoil, making it a relatively safe haven when compared to other longstanding cryptos. Despite it’s novelty logo and theme, people still consider it as a strong coin within the community and with some of the sponsors it has had, there looks still to be room for growth.

Dogecoin’s all-time high price was at just over $0.08 early in 2021. As of early March 2021, the coin was worth just under $0.06. The price went up in early 2021 partially because of some publicity from investor and entrepreneur Elon Musk. The is a major push among the currency’s diehards to see the price reach $1. As of March 2021, Dogecoin was up more than 29,000% from the price five years earlier.

Investors who are put off by the $59,000 asking price of a single Bitcoin will be happy to know that comparatively, Dogecoin trades at a bargain. As of March 19, Dogecoin was trading at $0.0585 per coin. A single Bitcoin will buy you almost exactly 1 million Dogecoins.

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