The full cryptocurrency marketplace was painted reddish passim the past week. The meme coin marketplace followed a akin trend. Dogecoin (DOGE) witnessed large bloodshed during this period. The asset’s investors were seen drowning successful losses. But the DOGE marketplace was seen kickstarting a mid-week betterment phase. This further instilled anticipation successful the assemblage pushing investors to marque ambitious bets for March.
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A Dive Into The OG Meme Cryptocurrency

Over the past 24 hours, Dogecoin recorded a much-needed uptick of 2.27%. At the clip of writing, the meme coin was trading astatine $0.2111. But implicit the past 7 days, the plus was down by astir 17%. The asset’s monthly losses basal astatine 33%.

The latest driblet has pushed Dogecoin overmuch further from its all-time high. The meme coin deed a highest of $0.7376 backmost successful 2021, astir 4 years ago. Currently, DOGE is trading 71.34% beneath this high. The caller downfall of the marketplace diminished hopes of DOGE reclaiming this peak.
Along with its price, Dogecoin’s web enactment besides took a hit. Recent information curated by Ali Martinez revealed that the fig of progressive addresses connected the web has decreased by 95%. The numbers went from 2.66 cardinal successful November to 130,282 today.

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Dogecoin Price Prediction
The Dogecoin marketplace is slated to witnesser a large displacement successful its existent sentiment implicit the adjacent month. According to information from CoinCodex, Dogecoin volition witnesser a 34% emergence from its existent terms level. On the archetypal time of March, DOGE volition beryllium priced astatine $0.283813. It looks similar the meme coin volition mostly extremity the period of February connected a bullish note. The highest terms level that DOGE volition commercialized astatine is $0.2616 connected the past time of the month.

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