Why Dogecoin Can Hit $50 | Dogecoin Prediction (2023)
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The year 2023 was good for cryptocurrencies. While the rest of the economy dipped, most cryptocurrencies’ prices increased or maintained their prices within the range. However, 2023 seems quite promising. In the first two months, the price of Dogecoin and other cryptocurrencies like bitcoin has proliferated.
Dogecoin is one of the trending cryptocurrencies, which is grabbing a critical spot in the crypto space. Dogecoin is a high value buy for 2023 as predicted by experts. But recently it is going through turmoil as there is a lack of Dogethereum (a bridge between dogecoin and ether chains), the project which has a lot of potentials to grow. Dogecoin aims to become the default crypto for merchant payments in this year itself, which will eventually lead to greater gains. After the live demo of Dogethereum, the adoption rate of DOGE has increased.
Currently, Dogecoin is trading at $0.05501 with DOGE price 2.70% up today. The market cap of Dogecoin is USD 7,068,538,272 with 128,523,145,008 DOGE circulating currently. The 24-hour price movement chart indicates that $3,519,645,788 worth of DOGE was trading.
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