The Big Question! Why Is Dogecoin Going Up?
There has been a huge pump yesterday in the Dogecoin prices and investors have been enjoying the bull ride. Twitter is roaring with hashtags like Dogecoin Going up The good thing about this rise in dogecoin price is that this time it is an organic pump. The rise in prices is not due to a tweet from Elon musk which is a trend we have seen in the past. If e talk in USD, the dogecoin is stable at$0.112292 currently and looks stable enough.
Is Dogecoin a Safe investment for you?
DogeCoin cryptocurrency which is also one of the most popular ones due to its social media impact and popularity has been a major focus these days. It has already mined up more than 113 billion coins but if we check the market cap it is still lagging behind and is not in the top 10. It will certainly take time but looks like a promising investment with good returns. Certainly, investors had waited a bit longer for this latest pump in comparison to other cryptos offered.
The Past & Future Of This Crypto
In this whole year, the biggest surprise in the market of cryptocurrency was “Dogecoin going up”.DogeCoin was created in 2013 originally but in past few years, it has got a massive response, and that leads to an increase of more than 600% this year. And with the involvement of Elon Musk after buying some of it, the hype in the market has increased tremendously. So let’s have a look at DogeCoin prediction in future weeks and months.
DogeCoin in the coming future: When is Dogecoin Exploding Again?
After the involvement of the Tesla CEO who said that he will be supporting it firmly if major holders of Dogecoin sell their coins, the DogeCoin prediction is very positive in the coming future. That’s why there are very bright chances of Dogecoin going up.
Talking more of Dogecoin predictions we should not forget that company like Tesla which has a big influence on the market has invested $1.5 billion in Dogecoin and this can become a major reason for the increase in DogeCoin price. There’s no doubt that Dogecoin is underrated and has also been questioned up for being a major Cryptocurrency due to being a “Meme coin ” But crossing all these barriers, the present market condition says clearly that ” Dogecoin going up ” is an ultimate reality.
