It has been a while that Dogecoin (DOGE) is trading around $0.002 USD price mark. Whether the market has been red or green, Dogecoin has traded at $0.002 USD from last two months. Many HODLers are looking at Dogecoin that when would it go up because it’s been a while that DOGE has gone past $0.002 USD.
In a way, it is a good sign for the Dogecoin (DOGE) network because it has been stable, but for how long would things stay this way? This year is expected to go in favor of the crypto market but so far, most of the digital assets have not shown any signs of the bull market.
The main thing to look at is the Bitcoin (BTC) because the market follows the trend of BTC. At the moment, Bitcoin is trading $3,860 USD and it seems that unless it goes past $4,500 USD mark, the bull market will not arrive.
Dogecoin (DOGE) has shown progress in the past year and the dev teams seem to be positive regarding their upcoming projects. The users expect something big from Dogecoin and it needs some luck as well because after every passing day the competition in the market is increasing. So, they need to bring up something unique to pop up their mass adoption.
Recently, Dogecoin (DOGE) upgraded DogePal version with more features for optimized Dogecoin payments. The new version of DogePal would allow users to swiftly built customized invoices. This would provide users with the required details to finish their transactions in very less time.
The DogePal invoice toolkit enables the retailers to select one of them between disclosing their individuality or the remaining anonymity, and to voluntary add details regarding the transfer of money, which includes the amount of DOGE coins and customers email address. So, this update with new features would help DOGE user with better information and service.
In the upcoming days, Dogecoin (DOGE) would also be coming up with the Dogethereum bridge update. This was the one news which set Dogecoin on fire in the market in the latter end of 2018. The users are very keen to hear regarding it and according to the previous update, Dogecoin (DOGE) would be launching it officially by the end the of January. But so far, nothing new has been briefed by the Dogecoin network.
Having a look at Dogecoin (DOGE) market performance, it was trading in red with –1.50% descend. The market cap of Dogecoin was around $270 million and it had a trading volume of $17 million. Dogecoin has sustained its price in the past couple of months but it has dropped its market cap and currently, it is trading at the 24th spot. So, unless Dogecoin do not update their community regarding something new, DOGE doesn’t seem to go up at all.