The cryptocurrency market
is going through ups and downs in the previous weeks. Some of the
currencies are facing downward trends and on the other hand, Dogecoin is
also struggling with the downside trend, the currency is still hovering
around the value of $0.0026. All altcoin in the market is also
suffering from the same fate and bearish pressure.
On 26th August 2019, the currency was about to reach a high value of $0.002829 and even the low value of $0.002640.
Current Status of Dogecoin (DOGE):
The currency is trading at the value of $0.002601 and its value is
decreasing by 0.56%. The market capitalization of the currency is
$314,616,289 and the 24-hour volume of the Dogecoin is $21,596,383. The
circulating supply of the currency is 120,967,791,698 and 365.45%.
On
26th August, the currency is trading at the value of $0.002666, later
the value increased by 2.69% and reached up to $0.002738. But, later the
currency dropped down to $0.00258 from the value of $0.00273 and the
total decrease was around 6.18%. Somehow, the reached achieved the value
of $0.002685 and the increasing value was around 0.72%.
But, yesterday, the value of Dogecoin was
decreased by 5.52%, the values go down to $0.002537 from the value of
$0.002685. Later the value of the currency decreased around 1.43% from
its opening value in the market.
Dogecoin price prediction 2020: The reason behind the decrease in the value of dogecoin is due to market pressure. On the other hand, the experts are saying that the bears will stay for a bit longer time and not leaving the market soon. Intraday investors are possibly suffering. The coin will provide high ROI to the long-term investors and its value will surely rise in the future.
bitcointrendings 