Dogecoin Price Analysis: Is Dogecoin Worth The Investment?

Currently, Dogecoin is one of the trending cryptocurrencies. According to experts, Dogecoin is a high value buy for 2019. Dogecoin is a blockchain based peer-to-peer cryptocurrency that came into the existence as a “joke currency” on December 06 2013.

Due to its popularity in January 2014, it reached a capitalization of around USD 60 million. By mid-2015, 100 billion coins underwent mining and circulation. DOGE aimed to keep the market cool and steady and to avoid the failure of other cryptocurrencies including bitcoin.

Dogecoin ranks on 27th position and its market cap value is $245,647,878 USD at the site Coinmarketcap. The current market value is relatively higher to its corresponding value in February.

However, after touching 284 million in January, the market went little downwards. But in February, a steady rise was seen. Though the differences between the values have progressed by a very small percent. Overall, the rising value has taken the digital currency…

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2019-03-16 09:39:29

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Written by Coinpedia

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