Tuesday, 9 October 2018

Dogecoin Price Has Started Growing Up In 2018, Is Dogecoin Waiting For Big Jump

Price of Dogecoin is significant increasing in 2018

Dogecoin is noted trading 0.2 percent lower against the US dollar at 12 pm ET on September 30, 2018. You can now buy 1 Dogecoin coin for an average $0.0055 or 0.00000085 BTC. This buying can be accomplished on the cryptocurrency exchanges including Coinbe, YoBit, Cryptopia and Crex24.

The price of Dogecoin has started rising up and lots of investors are now looking towards it. In the last one month when there was a severe cryptocurrency crash, the majority of digital coins including the most famous Bitcoin faced severe downtrends. But interestingly, Dogecoin was somehow able to focus on its business and managed to survive in the green zone.

Experts are now wondering if Dogecoin is stepping back for the next big jump during the end of 2018 or in 2019 and there are lots of expectations from this cryptocurrency. Initially released 4 years back, Dogecoin was once considered to be a “joke” coin. It was also categorized as a “pump or dump currency.” But now it is worth watching how it is surviving in the cryptocurrency market even during the time when other top digital currencies like Ripple and Ethereum has had major downtrends.

The addition of Dogecoin to Yahoo Finance gave it a massive momentum and changed its picture in the eyes of the analysts, Crypto Recorder noted. On the other hand, the value of Dogecoin augmented and it received wonderful reviews on its technological potential when Dogethereum emerged as a sampling bridge between Ethereum platform and Dogecoin network. Presently, it continues to be one of the top 20 cryptocurrencies over CoinMarketCap with its current win against both the US dollar and BTC.

Alternatively, TheOofy publishes that the low transaction volume of Dogecoin is not hampering its market liquidity. It is believed that the situation will continue to remain the same in 2018 and the next year. Although low volume is generally considered very poor for future profits, this cryptocurrency will not have any problem as it has a volume of around $15 million.

The post Dogecoin Price Has Started Growing Up In 2018, Is Dogecoin Waiting For Big Jump appeared first on OWLT Market.



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