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 $0.08691, with a 0.35% drop in value over the last 24 hours. With the cryptocurrency market trading in the green, here is our price prediction for Dogecoin for mid-April 2023.
Dogecoin price prediction for mid-April 2023
Based on Dogecoin’s behavior at the start of 2023, cryptocurrency experts at Changelly predicted the price of DOGE for mid-April. For mid-April, DOGE’s minimum price is anticipated to be $0.0849915. 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. This is evident from the recent 30% rally following the replacement of the Twitter logo with that of the Dogecoin logo.