A Dogecoin price prediction appears to be very important, especially in light of the recent rally. The first meme cryptocurrency, Dogecoin (DOGE), created quite a ruckus in the cryptocurrency market.
Multibillionaire Elon Musk enthusiastically supported the asset and contributed to keeping its identity in the public eye. Therefore, Elon Musk’s actions had a direct impact on DOGE’s price. His most recent Twitter acquisition significantly spiked the asset’s value.
At press time, DOGE is trading at $0.08189, a 7% drop in value over the last 24 hours. The whole cryptocurrency market is trading in the red with single-digit losses. Let us take a look at how DOGE will perform in mid-February.
Dogecoin price prediction for mid-February 2023
Based on Dogecoin’s behavior at the start of 2023, cryptocurrency experts at Changelly predicted the price of DOGE for mid-February. For mid-February, DOGE’s minimum price is anticipated to be $0.0969903. The maximum price expected is $0.09999. It is anticipated that DOGE will trade at an average price of $0.0969903.
However, all these speculations can go either way with just a tweet from Musk. If Musk moves forward to incorporate DOGE, the price can rally unpredictably according to the previous behavioral pattern of Dogecoin.