Dogecoin cryptocurrency price prediction for the coming months

 Dogecoin is a cryptocurrency that very few people know about. But we want to tell our website viewer that Dogecoin is one of the top 10 cryptocurrencies in the crypto world. Such cryptocurrencies come to the notice of investors and traders when they move to higher levels. There is no doubt that high risk is involved in such type cryptocurrencies but risk is there in every cryptocurrency market. Let us discuss about high risky & high returns Dogecoin today and predict the future price of Dogecoin. Before that let us know a little bit about Dogecoin.

 Who Invented Dogecoin Crypto?

According to a research, Dogecoin crypto was discovered by Billy Markus. Shiba Inu is written on its logo.

Also read: why cryptocurrencies price is going down

How does Dogecoin Blockchain work?

Dogecoin is based on internet memes. Crypto investors or cryto traders can get  dogecoin from the dogecoin faucet. Dogecoin faucet is a website that offers tinny amount of dogecoin for free to introduce to the currency . the website do this because they want crypt investors to start a conversation in the communities of dogecoin crypto.

This group involves other members like project’s core developer Max Keller,  Vitalik Buterin  who is founder of Ethereum  & Elon Musk who is  the head of the Musk’s family office, Jared Birchall.

All members of the group allocated with different services of this project. Keller , who works as technical advisor of project’s  whereas Markus lead of the community and memes. Furthermore,  Buterin function as the blockchain as well as  crypto advisor for the foundation with  Birchall will represent Elon Musk as legal and financial advisor. As a first project,  The advisors of the board will  focus to secure 3 years of funding which will be allowed staff for working full time for dogecoin. Thius ecosystem work has been done by volunteers.

Any crypto investor or crypto trader buy or sell dogecoin from the exchange which  offers the digital currency trading , also which store dogecoin  on an exchange or in a Dogecoin wallet. It is also need to notice that select the exchange which could tip  Dogecoin in any communities which accept it.

CEO of the world's electric car maker Tesla, company Elon Musk has holding in Dogecoin:

Today world everyone know the Elon Musk, the CEO of the world's electric car maker Tesla,  A few weeks ago, Elon Musk did such a tweet from his official Twitter account that surprised everyone. Elon Musk wrote in his tweet that Dogecoin is his favorite coin. This tweet by Elon Musk gave more confidence to crypto investors to invest in DogeCoin and DogeCoin became one of the top 10 cryptocurrencies in the world. Elon Musk is not the only business entrepreneur who has invested in the Dogecoin, apart from the famous rapper Snoop Dogg who also described Dogecoin as arguably the future currency for the entire planet. Let us tell you that after all these statements; the value of Dogecoin Crypto has increased by more than 30 percent.

Price prediction of Dogecoin for coming months: (3 months to 6 months)

Dogecoin crypto has market cap more than $31,574,571,005 USD and Dogecoin current price is $0.24. It is trading at lower price range. This cryptocurrency is not for traders. It is for the long term investors. The investors those have risk taking ability. For our website viewers we will give the technical price levels too.

If Dogecoin sustains above the price levels of $0.26 or $0.27 in the coming few days then it will be buying opportunity in the dogecoin for the price targets of $0.32, $0.36, $0.40, $0.42 if Doge coin sustain above the price level of $0.45 then Dogecoin can go up to the price level of $0.65 or we may se new life time highs in the coming weeks or months. But in this case Dogecoin traders or dogecoin crypto investors should follow strict stoploss of $0.16.

Mind it, crypto investors or traders have to follow the above price levels for buying and also follow the strict stoploss.

Stay alert in Dogecoin  if breaks this price level:

If in the coming day Dogecoin break the level of $0.15 and gives closing below this price level then crypto traders and investors of Dogecoin should stay alert. in this case  price targets will be open in the down side. As per the technical charts of Dogecoin, it may not have chances to give closing below $0.15 in coming s months. We are expecting upside from current price levels.

Long term targets in Dogecoin:

As we have already disuse that Dogecoin is for long term investors, As per the Blockchain working process, it may take 3 to 4 years for establish dogecoin into the crypt market. If Any crypto investor have point of view for 3 to 4 years investment then Dogecoin may reach up to the price levels of $3 to $4. Crytpo investors may expect price of Dogecoin $ 6 till  year of 2025 or 2026. Therefore it is clearly a long term crypto investment but follow the strict stoploss  too

Disclaimer: The above discussion is our personal view on the Dogecoin. Please do your own research before taking any investment decision. Our view may differ from other experts of crypto market.