In the world of cryptocurrency, few projects are successful over several years. While Bitcoin, Ethereum and XRP are clearly setting the bar for everyone else, it's also obvious that Dogecoin will stay here. Unlike most others old coinsDOGE has a special place in the hearts of people, though the price does not always reflect that. To date, the value of $ 0.002 has not yet been positively broken, which puts a heavy burden on the Dogecoin price and its investors.
Dogecoin Price Momentum remains undecided
For those who had expected a bullish DOGE dynamic over the weekend, the disappointment was great. None of the top markets – with the exception of Stellar – has made real profits in the last 48 to 60 hours. This is rather unfortunate, although something was to be expected. Until Bitcoin has found a stable base, all other markets will also remain under pressure. Dogecoin is no exception in this regard.
To illustrate this, the current market momentum does not look promising. The dogecoin The price fell by another 1.43% in the USD value and by 1.25% in the Bitcoin value. Fortunately, the 50-satoshi level is now asserting itself, but this situation may change in the near future. Based on the USD value, a DOGE is set at $ 0.00196, which means that the $ 0.002 level is still far off.
In social media, there are some interesting tidbits of Dogecoin-related information. First, a new Dota 2 website would like to experiment with Dogecoin payments. It is obvious that this particular platform does not have equal success, but overall it is a promising development. Other sites that deal with Dogecoin payments are a sign of the growth of the ecosystem.
DOTA / Doge lovers – help needed! https://t.co/RRjkoMqevC about @reddit
– MovableSingularity (@MSingularity) March 10, 2019
A pretty interesting feature has surfaced this weekend at Dogecoin Reddit. It seems that some users are wondering where the community went and what will happen next for that particular Altcoin. There is some cynicism in this regard, as the "increasing interest in shitcoins" is seen as the main reason for this lack of community engagement.
– Domain address information (@ DomainAddress4u) March 11, 2019
Although Dogecoin has seen a considerable number of unique and interesting memes over the years, some images tend to be more in the minds of people than others. The meme below is perhaps one of the most iconic ever created. It can also mean a few different things, depending on how you want to look at it. Some see Dogecoin as a waste of money, while others consider it the largest Altcoin ever created.
– Doge (@adalberto_ss) March 11, 2019
Although there is currently no really positive Dogecoin impulse, it seems unlikely that Altcoin will lose any of its value in the foreseeable future. While Dogecoin generally relies less on Bitcoin, Altcoin would certainly benefit from a positive development affecting this market. Even so, the 50-Satoshi level is still under pressure at this time, which is not good for the near future.
Disclaimer: This is not trading or investment advice. The above article is for entertainment and educational purposes only. Please do your own research before buying or investing in a cryptocurrency.
Image (s): Shutterstock.com
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