|Based on||Meme coin|
|Founder||Billy Markus, Jackson Palmer|
|Exchange Platform||WazirX, Binance, Uniswap|
Dogecoin Price Prediction: Dogecoin framework is backed by Litecoin derivatives which are based on the famous internet meme Dog which is Japanese breed Shiba Inu and it’s the animated version which is used in the meme is the logo of the Dogecoin cryptocurrency, as they have founded in 2013 in which main use of this coin to distribute Dogecoin as a reward to a user who sharing creative content and funny memes, so as per official this is easy to use, very friendly and fun-based currency.
Founder of Telsa and SpaceX i.e. Elon Musk was appreciated Dogecoin by saying I am a huge fan of Dogecoin and nowadays Dogecoin become an internet tripping system in which they also suggest and give tips on how to create interesting and noteworthy content, a community member who also responsible to use the phrase to the moon to describe prices are hiking or going upward.
DogeCoin Meme was a trendsetter in 2020 and many memes creators producing content with the Dogecoin template. DogeCoin’s multiple exchange listing continues to drive more investors into the project and also it making headlines in social media after being backed by Elon Musk.
Dogecoin Price Prediction
|Month & Year||DOGE Price Prediction|
Dogecoin Price Analysis
DogeCoin is listed on the big exchanges in every country, as most new investors don’t even know about Bitcoin but familiar with Dogecoin most probably because of social media attention. as every non-crypto-based page or channel also started posting about Dogecoin and now it already up by 134x comparing with last year’s prices. The Crypto market at this point is down, in that Dogecoin still gaining huge volume, and very now it could hit a $50 billion market cap.
As in December 2013, after it’s launched, it was hiked by over 300% and that was the time where it started getting pretty popular in an active miner and as it takes only 1 minute to create 1 dogecoin as compare to Litecoin who takes 2.5 minutes, so that time generation of Dogecoin was improved, as the founder of Dogecoin wanted to launch cryptocurrency which is different from Bitcoin.