Dogecoin (DOGE)
Dogecoin Monthly Price Analysis – October or Uptober for DOGE?
Although DOGE faced a decline and touched the lowest price of $0.05763 on 12th October 2023 then bounced back and achieved the targeted price of $0.0742 on 26th of October.
Introduction
Dogecoin, the leading meme coin has regained its momentum as October 29, 2023, proven to be Uptober for DOGE. Dogecoin started October 2023 from $0.06241 and faced a bearish decline and then bounced back showing a bullish manner. Now, DOGE is standing at $0.06873 and more is expected from it.
Price Value
Dogecoin (DOGE) is currently trading at $0.06873 and keeps on fluctuating daily. DOGE showed growth in its price value by 9.71% in the last seven days and 0.35% in the last 24 hours. This month has boosted the DOGE’s price and market cap as after a bearish holdback, DOGE has bounced and seems bullish now.
Price Analysis (Stats)
DOGE’s current price value is $0.06873 and trading with the market cap of $9,733,698,793. The circulating supply of Dogecoin in the market is 141,620,446,384 DOGE.
Doge is moving in an upward direction with the trading value of the last 24 hours of $204,080,455 which is low as compared to the trading volume of the last months.
If we look at the price analysis chart of the DOGE for October 2023, we shall come to know that DOGE has made significant growth.
Also Read: XRP Weekly Price Analysis: XRP Sees 20% Metric Surge, Bulls Stay Optimistic
Although DOGE faced a decline and touched the lowest price of $0.05763 on 12th October 2023 then bounced back and achieved the targeted price of $0.0742 on 26th of October.
Price Prediction
October has proven to be Uptober not for DOGE but for several other cryptocurrencies. DOGE achieved the expected price value of October and is going further. It is more likely that if DOGE keeps on the same track, DOGE will hit $0.5 by the end of the next month by maintaining the same hype in the market.
Conclusion
Dogecoin (DOGE) is regarded as the leading meme coin and is ranked in the top 10 cryptocurrencies on coinmarketcap.com. DOGE has been eyed by the crypto giants and can have a flourishing future to reach the moon. Stay tuned for further updates and keep watching DOGE to gain profits in your trading experience.
