The new year has arrived and there are a lot of expectations from the crypto industry that it will certainly have a better year as compared to 2018. Dogecoin (DOGE) is all set and thrilled to look forward to a progressing year for the meme coin.
Dogecoin (DOGE) in the past year had a decent time with its network progress. Some good partnerships came through and most important of all the Dogethereum bridge was a great achievement for the DOGE network.
The most important prospect on the future of Dogecoin (DOGE) is that it is one of the largest crypto platforms used for daily based transactions. It stands on the 3rd spot behind BTC and ETH being the most active digital asset in the market.
Dogecoin (DOGE) has developed itself as a much mature crypto platform and the users are applauding the DOGE network. The journey from a Joke coin to the third most active crypto has been quite amazing for the DOGE network. This is why despite a bearish market most of 2018, the adoption of Dogecoin has increased.
The fact that Dogecoin’s Dogethereum bridge is still to be officially launched and every DOGE user is looking forward to it. At the time of the announcement of the DOGE/ETH bridge, Dogecoin had a great time in the market. The crypto enthusiasts expect DOGE to surge soon as the Dogethereum will be fully launched in the market.
Moreover, Dogecoin (DOGE) was able to achieve another great mark of DogePal last year. DogePal is basically developed for communication purpose of the DOGE community. It is still getting improved and with time it will be a great platform for the Dogecoin users to stay updated with the Dogecoin network.
When we look at the Dogecoin’s market performance in the latter end of 2018, it has been impressive as compared to most of the other crypto’s. The market has suffered a lot from the bear market, as Bitcoin (BTC) went to the lowest price of the year around $3,150 USD. But, Dogecoin (DOGE) has been very much stable trading around $0.002 USD price.
Dogecoin (DOGE) last year performance has given a lot of hope to the crypto users and they are expecting Dogecoin to improve its ranking in the coming time. Still. There is a long way to go and Dogecoin is well set to move in the right direction. Let’s see what DOGE has to offer to its users in this year.
We could expect Dogecoin to emerge up with a new collaboration very soon because it has been a while that Dogecoin (DOGE) has stepped up with something big in the market. So, a new year is a sign of a new beginning. The Dogecoin would be looking to grab something unique in order to have attention towards it and this is what it has done in the past to enhance its mass adoption.
Having a look at the current market performance of Dogecoin on the very first day of 2019, it was trading with a price of $0.0023 USD with a market cap of $277 million and a trading volume of $18 million, at the time of writing. For the Dogecoin investors they need to HODL their DOGE’s because it will bring them a lot of joy in the coming time, but at the moment it’s all about patience game.