Predicting the price of Dogecoin has become essential in light of the recent turmoil. Dogecoin (DOGE), the first-ever meme cryptocurrency, created quite a stir in the market. Elon Musk, a multibillionaire businessman, actively promoted the asset, putting it in the spotlight.
As a result, Musk’s actions had a big impact on the price of DOGE. Tesla CEO’s most recent Twitter acquisition also resulted in a significant increase in the asset’s value.
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At press time, DOGE is trading at $0.07267, with a 2% drop in value over the last 24 hours. With the cryptocurrency market trading in the red following the Binance lawsuit, here is our price prediction for Dogecoin for April 2023.
Dogecoin price prediction for April 2023
Based on Dogecoin’s behavior at the start of 2023, cryptocurrency experts at Changelly predicted the price of DOGE for April. For April, DOGE’s minimum price is anticipated to be $0.0919908. The maximum price expected is $0.0959904. It is anticipated that DOGE will trade at an average price of $0.0889911.
All of these predictions, however, are subject to change with a simple tweet from Musk. According to Dogecoin’s past behavior, the price may unexpectedly rise if Musk moves forward with incorporating DOGE as a payment system.
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However, the market is extremely volatile at the present and the price can go in either direction depending on the market sentiment and other factors.