Since its creation in 2013, Dogecoin has been developing at its own pace. Although the cryptocurrency has been discreet, its latest results bear witness to its performance.
At the beginning of April, a development was observed at Dogecoin, presaging an interesting future.
60% increase in one quarter: the result of increased popularity on the Internet
According to TheCoinRepublic , Dogecoin's popularity has grown on the Internet, especially on Twitter and Reddit, where its followers do not hesitate to talk about their favorite cryptocurrency and this has contributed to its valuation.
The one that wants to be a "fun" cryptocurrency, represented by a Shiba Inu, is serious nevertheless: while it develops since 2013, in January 2018, it reached a value of about $ 0.017491, and has thus, a rise of 1,442%. Unfortunately, a fall followed.
Then, the cryptocurrency rose again, at the beginning of this year, where the currency traded for about $ 0.002 until April, when it was still appreciated. Today, it continues to rise, but more slowly. Since the beginning of the first quarter of 2019, it has gained 38% of its value.
Looking ahead, Dogecoin's presence in different markets could lead to an increase in the next quarter. Experts in the field describe the near future of cryptocurrency as " excellent ".
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