Recently the price of the dogceoin has been gaining a lot of attention especially after there was a 980 percent increase in the price on the 28th of January 2021. It is as a result of this increase that the coin has entered the top 10 coins and it is the first time that this coin has been placed in this ranking since 2015.
However once the coin reached this high value it was expected that the coin would reduce back down to its normal value and that the hype around it would be gone leading people to invest in other coins inside the crypto market. However this does not seem the case. In fact the coin continues to increase daily, despite there being drops in the price. Making it a very good coin to trade on a daily basis.
Do you think that a Reddit thread will be able to increase the value even further than what we are seeing now?
However once the coin reached this high value it was expected that the coin would reduce back down to its normal value and that the hype around it would be gone leading people to invest in other coins inside the crypto market. However this does not seem the case. In fact the coin continues to increase daily, despite there being drops in the price. Making it a very good coin to trade on a daily basis.
Do you think that a Reddit thread will be able to increase the value even further than what we are seeing now?