The crypto users feel very much unsure which way to go in this uncertain market. Dogecoin (DOGE) has a serious repute in the crypto market and its real-world usage makes it a long-lasting digital asset amongst the other assets in the market.
In the past few days, Dogecoin is being tipped on the Parjar telegram. Tipping is a great way to enhance your market productivity. It is one of the new ways to increase your demand in the market. In this way, it adds volumes traded which ultimately takes the market into equilibrium. So far, DOGE has made a massive impact in the tipping market and after its intervention with Parjar, the adoption of meme coin would probably speed up.
Moreover, the recent listing of Dogecoin (DOGE) on the American exchange, Vertbase has put the crypto in a safe zone in America. Dogecoin has one of the active addresses and one of the most used assets for crypto trading, it will help its growth in the United States.
For the investors, the key aspect here to note is the utility of the Dogecoin and that is where it comes on top amongst most of the other altcoins. This will take Dogecoin to a high and secure level in the market. It may fall in this volatile market, but in the end, as the market gets better in the coming years, Dogecoin will have its time.
The real-world usage is the most important factor for any cryptocurrency and investors should see this aspect before investing in any asset. Dogecoin provides this key feature and if the market has a more bad time and goes more bearish, Dogecoin would still be trading under a specific radar at a stable price mark.
As the blockchain technology moves into the next stage, the world would understand its capability and importance in daily life activities across different firms. Dogecoin will pick up the pace, many analysts expect its price to hit $1 in the next few years’ time. So, those HODLing millions of worth DOGE’s would become a millionaire.
Examining the market, at the time of press, Dogecoin (DOGE) was trading around a neutral point as rest of the market trades mostly in red. The trading price of DOGE was around 0.00202 USD with a market cap of $240 million and a trading volume of $18 million.