Dogecoin is a pioneering cryptocurrency which is increasing most certainly faster than ever before. It is witnessing that Dogecoin has encountered a major boost in its sales. Likewise, has sold over 200 Million Dogecoins in past twelve-hours. It has crossed all the previous records. But the question is for the future, will it cross its sales of 200 Million Dogecoins or will there be a downfall in the trend?
Dogecoin Prediction 2021: Price, Sales and live chart.
Presently, Dogecoin’s has crossed 200 million sales over the last 12 hours. Taking a live chart into consideration, its price has gone up by around 21%. However, it is also assumed that its price will rise in the future, as the upward trend is explicitly visible. Also in terms of its trade value, it has risen by more than 40% and now it holds 12th market rank. Furthermore, currently, top exchanger includes Binance, Huobi Global, OKEx, HBTC, and ZG.com.
The one reason for increasing bitcoins value is assumed to be catching the curiosity of Reddit trading groups namely Wall Street Bets and Satoshi Street Bets. Moreover, Elon Musk, business magnate owner of Tesla seems to be totally in support of Dogecoin. He has mention cryptocurrency several times on his Twitter. All of this resulted in 200 Million Dogecoin sales
Also read: Elon Musk Support Dogecoin? Will he buy Dogecoin in 2021?
What Is Dogecoin?
For those who are not familiar with dogecoin as crypto, it is the creation of a software engineer Billy Markus and Jackson palmar. The idea behind introducing Dogecoin as a cryptocurrency was to make instant payment currency. So, that it would be valid across globally as same. Its logo and name was taken up after Shiba Inu dog from the famous social media meme. It was officially introduced in the market in December 2013. Since then, it has formed its own community in the market. And now its sales have crossed 200 Million Dogecoin.
Also read: How to buy Dogecoin in 2-min?
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