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Recently, the ownership of Dogecoin.com has changed and Nicole Ross replaced the position earlier held by Jackson. Additionally, Ross announced that they are looking out for a non-profit way of owning the Dogecoin for a longer-term.
Analysis For DOGE Price:
On August 16, Dogecoin was trading at 0.00273066 USD. However, in a period of 25-days, the coin has gone down by 15.43%. Similarly, in the last 7-days of trading, it showed a decline of 7.39% from its earlier price of 0.00249790 USD on September 05. In the last few days, the coin is showing horizontal actions.
In yesterday’s trading, DOGE has made a marginal decline of 0.9%. Further, according to our prediction, it will trade around 0.05 USD by the end of the year. The immediate resistance for the coin is at 0.00248 USD and support stands at 0.002291 USD.
The move of owning the crypto project as a non-profit entity is a smart one. It will help the community to entrust the crypto as a serious investment option. Currently, the coin is facing a bearish market trend. However, it will surely give some good returns after the market correction.
Dipayan Mitra is a dedicated Editor and Journalist in the Web3 and cryptocurrency domain with over five years of experience...Dipayan Mitra is a dedicated Editor and Journalist in the Web3 and cryptocurrency domain with over five years of experience in the media industry. A journalism graduate, Dipayan has developed a keen interest in staying up-to-date with the latest developments in the crypto space, allowing him to offer fresh insights and expert analysis on emerging trends. Specializing in technical analysis and market trends, Dipayan is known for his ability to break down complex cryptocurrency topics and deliver them in an accessible and engaging manner. Dipayan’s work has been featured on crypto platforms such as AMBCrypto and CoinGape, where he contributes regularly with high-quality, timely content.
