Dogecoin is currently trading at the $0.076 level and is aiming to climb above the $0.08 mark this month. DOGE is up close to 2.5% in the day’s trade and spiked nearly 13% in the last 30 days. The meme currency is spiking in price on the heels of a space company Astrobotic which confirmed that it would send a physical replica of Dogecoin into space. Astrobotic will send Dogecoin to space on the DHL Moonbox via ULA’s Vulcan Centaur Rocket on December 12, 2023.
The space mission is a community initiative and has been funded by the DOGE community since 2015. It embodies a collective effort from the DOGE community to make the meme coin reach space and beyond.
“Dogecoin on the moon update. Exciting news for the Dogecoin community! Astrobotic plans to send a physical Dogecoin to the moon in the DHL Moonbox via ULA’s Vulcan Centaur Rocket on 12/23/2023. Funded by our community in 2015, this mission embodies collective effort!” tweeted the official page of Doge. Read here for more details about the mission.
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Dogecoin: Price Prediction For DOGE December 2023
So will Dogecoin spike in price next month in December as a rocket will send a physical replica of the coin to space? In this article, we will highlight how or low DOGE could trade in the indices in December 2023.
Leading on-chain metrics and price prediction firm Changelly has painted a bearish picture for DOGE in December 2023. The meme coin has more chances of plummeting double digits next month and bleed in the charts, predicts the metrics.
According to the forecast, Dogecoin could fall to a low of $0.062 in December 2023. That’s a dip of nearly 17% from its current price of $0.076.
Therefore, taking an entry position into DOGE now is considered risky and would have more chances of accumulating losses. It is advised to do thorough research before taking an entry position into the meme currency now.
At press time, DOGE was trading at $0.076 and is up 2.5% in the 24-hours day trade. Moreover, the leading meme coin is down close to 90% from its all-time high of $0.73, which it reached in May 2021.