21Shares and
House of Doge launch
exclusive Dogecoin ETP in Europe. The
Dogecoin price remains in
flat mode despite 21Shares' ETP launch. A massive
1.3B DOGE transaction occurred in 48 hours, signaling potential whale activity. However, analysts predict that Dogecoin
price could encounter significant downturns, possibly dropping below
$0.10. Although Dogecoin's transaction activity plummeted by 94%, a slight recovery in price is observed.
A
large portion of Dogecoin's supply is currently at a loss, which may influence its price movement. Despite the sluggish market, Dogecoin's price has shown signs of resilience with a 15% rebound during volatile trading. Bearish prediction suggests it could possibly experience a
50% crash. Predictions range spectacularly from Dogecoin achieving new all-time highs to the cryptocurrency potentially hitting the low again.
Although Dogecoin is experiencing a rough patch, there's speculation around whether Dogecoin could fly to
$1 this year. The prediction is based on the possibility of Dogecoin being used as a payment method across Elon Musk's establishments. Despite the recent sell-off, over
50% Dogecoin supply remains profitable.
Meanwhile,
Elon Musk disclosed that the US Government has no plans to use Dogecoin. A word of caution and potential dip buy opportunities and recovery up to
$0.17 is observed as the trend in the market. Community expectations remain divided, with some members bullish and others fearing further decline.
DOGE Coin News Analytics from Tue, 18 Mar 2025 02:05:03 GMT to Wed, 09 Apr 2025 22:30:35 GMT -
Rating -1
- Innovation 0
- Information 7
- Rumor 2
