Dogecoin has been on a rally, with a gain of nearly 15% over the last 24 hours. DOGE hit $0.15 Thursday, causing bullish sentiments to be reflected in the indexes. The most popular meme currency soared 76% over the past 30 days, resulting in a stellar profit for investors. Dogecoin Mid-Match holders made huge profits this year for those who bought in at the beginning of February. Will Dogecoin reach a new high now that Bitcoin’s halving nears?
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Bitcoin’s halving has been a surprise to many. scheduled Take place next Month on April 20th, 2024. Bitcoin has reached an all-time record high this month of $73,737. The meme coin continues to rise. In this articleWe will show you whether Dogecoin’s index will rise or fall during the Bitcoin halves event.
Dogecoin price: what will DOGE be during Bitcoin halving?
The leading on-chain pricing and metrics firm CoinCodex Dogecoin has been painted in a bearish light. Price prediction suggests DOGE will drop nearly 14 percent in response to Bitcoin’s half-discount. Forecasts indicate that Dogecoin’s price could drop to $0.13 from its current $0.15 range.
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This is a drop of two cents on the chart despite Dogecoin’s Bitcoin halving. A $10,000 investment could result in $8,600. next The prediction will be accurate if it is made during the Bitcoin halves. Dogecoin is an asset that should be avoided at the moment as it appears to have a negative outlook.
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There is no way to predict the volatility of the market and DOGE’s potential drop by 14% over 30 days. Do thorough research prior to entering the Dogecoin and cryptocurrency market. Trading at your own discretion own The Bitcoin half-halving could cause the market to become highly volatile.
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Source: watcher.guru
