Published 14:22 IST, June 8th 2021

Dogecoin price prediction June 2021: Will Dogecoin recover even as the market goes down?

Dogecoin has become one of the most popular cryptocurrencies in the world. In this article, we'll be taking a look at Dogecoin price prediction for June 2021.

Reported by: Sakshat Kolhatkar
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In span of a few months, Dogecoin went from being a joke to a 90 billion dollar digital asset at height of its price and popularity. Dogecoin hit its maximum price a few days ago, reaching a high price of 73 cents. Since n crypto markets experienced a heavy crash on May 19, most coins went down by about 50 per cent, including Dogecoin. re was also a significant dip in crypto markets on June 8, as Bitcoin price fell by over 7 per cent in a few hours, triggering a marketwide crash, which also resulted in Dogecoin falling. In this article, we'll be looking at Dogecoin Price Prediction for June 2021. 

Dogecoin Price Prediction - June 2021

Just a few months ago, price of Dogecoin stood around 4-5 cents. As of today, even after May 19 crash and today's major dip, Dogecoin price stands at $0.33, significantly higher than it stood at beginning of year. However, crypto predictions can be difficult. Most crypto experts believe that if crypto markets recover Dogecoin could go up to a dollar. However, since May 19, crypto market has remained stagnant, as has Dogecoin. In short term, i.e. June 2021, unless market recovers significantly, Dogecoin can be expected to hover around a price of $0.28 - $0.38, based on Dogecoin chart reings of previous weeks. However, price predictions should be taken with a grain of salt. 

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About Dogecoin 

Dogecoin crypto was originally formed back in 2013 as a joke. creators of Dogecoin built Doge to be a friendly introduction for general public to world of cryptocurrencies. Doge became popular over years because of its status as a meme, and it h popular 'Shiba' doge as face of currency. Just a couple of years ago, price of Dogecoin was a few pennies. Over past few months, coin became increasingly popular all over world. People started to buy coin due to its relatively very cheap price, compared to or currencies. Celebrities like Jordan Belford and Elon Musk often promoted coin and brands such as Slim Jim also me it a part of ir marketing campaign. Dogecoin is slowly seeing mass option as many companies have started accepting DOGE as a form of payment. Stay tuned for more updates on cryptocurrencies. 

 

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DISCLAIMER:  information provided on this website is for educational and entertainment purposes. information provided on this websites does t constitute investment vice, financial vice or tring vice. Republic World does t recommend purchasing any cryptocurrency. Crypto markets are highly volatile and crypto investments are risky. Reers should do ir own research on cryptocurrencies and consult ir financial viser before making any crypto investments. 

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14:22 IST, June 8th 2021