DogeCoin which can be referred to as a meme currency started its journey as a joke and has gone on to huge highs and lows. DogeCoin went on its greatest bull run in 2021 when it peaked at its all-time high at $0.73. Doge went through a roller coaster journey from $0.02 to $0.2 in 2021. The cryptocurrency has seen a growth of almost 5456.9% in 2021 itself with 82% of its coins held by 535 entities. DogeCoin’s massive spike can be attributed to the contribution of Elon Musk’s tweets. He was working with DogeCoin developers to improve the network that led to the first mega bull run of this meme coin.
How to Buy DogeCoin
How to buy dogecoin ? DogeCoin can be bought through different exchanges including Binance, Coinbase, Paxful etc. However, investors must understand the fundamentals of the crypto market before they begin trading. To buy stocks, investors must locate verified brokers. Then Create a crypto account on the platform, deposit the funds, search for Dogecoin and buy Dogecoin.
As per the market analysis and expert views, DogeCoin will have a rise in its price and by mid-2023 it will reach the $0.1 mark. The predicted high for 2023 might be more than $0.2; on the downside, the low might be around $0.06. There will be some new features getting added time and again to Dogecoin that allow investors to plan a better payment method that tends to lead to an increase in a cryptocurrency’s value.
Users must perform periodic market monitoring and analysis before investing as the crypto market is highly unpredictable.
So investors, what are you waiting for, go and grab that DogeCoin now!