Dogecoin highest price
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Dogecoin cap
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Dogecoin, like most cryptocurrencies (excluding stablecoins), is not backed by any assets or cash flow. That is, its price is solely determined by what other people are willing to pay for it. In contrast, the performance of the underlying business drives long-term price appreciation in a stock. The rise of Dogecoin is based on speculators becoming even more optimistic, or what is known as the "greater fool theory of investing." Compare Dogecoin Performance In 2 weeks Dogecoin forecast on Tuesday, August, 13: price 0.1314 dollars, maximum 0.1406, minimum 0.1222. Dogecoin price prediction on Wednesday, August, 14: price 0.1379 dollars, maximum 0.1476, minimum 0.1282. Dogecoin forecast on Thursday, August, 15: price 0.1353 dollars, maximum 0.1448, minimum 0.1258. Dogecoin price prediction on Friday, August, 16: price 0.1320 dollars, maximum 0.1412, minimum 0.1228. Dogecoin forecast on Monday, August, 19: price 0.1319 dollars, maximum 0.1411, minimum 0.1227.
Dogecoin all time high
Based on the price history it can be said that Dogecoin price is highly volatile. It depends on various factors like news, laws, policies, etc. Cryptocurrency News Dogecoin’s mining code was initially copied from another crypto project called LuckyCoin. LuckyCoin – a fork of Litecoin, which is a fork of Bitcoin – featured a completely random block reward schedule where miners could receive zero or potentially thousands of free coins for producing new blocks. Australian entrepreneur Jackson Palmer and American software engineer Billy Markus – the two creators of dogecoin – believed the randomness would annoy dogecoin miners and prevent them from actually using the token long term.