• About
  • Contact Us
Friday, July 1, 2022
Cryptos Newz
No Result
View All Result
  • Home
  • News

    Breaking: Boeing Is Said Close To Issuing 737 Max Warning After Crash

    BREAKING: 189 people on downed Lion Air flight, ministry says

    Crashed Lion Air Jet Had Faulty Speed Readings on Last 4 Flights

    Police Officers From The K9 Unit During A Operation To Find Victims

    People Tiring of Demonstration, Except Protesters in Jakarta

    Limited underwater visibility hampers search for flight JT610

    Trending Tags

    • Commentary
    • Featured
    • Event
    • Editorial
    • Altcoin News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Business
  • How To Buy Crypto
  • Write For Us
  • Press Release
  • Legal Information
    • Affiliate Disclosure
    • DMCA Compliance
    • Privacy Policy
    • Contact Us
  • Home
  • News

    Breaking: Boeing Is Said Close To Issuing 737 Max Warning After Crash

    BREAKING: 189 people on downed Lion Air flight, ministry says

    Crashed Lion Air Jet Had Faulty Speed Readings on Last 4 Flights

    Police Officers From The K9 Unit During A Operation To Find Victims

    People Tiring of Demonstration, Except Protesters in Jakarta

    Limited underwater visibility hampers search for flight JT610

    Trending Tags

    • Commentary
    • Featured
    • Event
    • Editorial
    • Altcoin News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Business
  • How To Buy Crypto
  • Write For Us
  • Press Release
  • Legal Information
    • Affiliate Disclosure
    • DMCA Compliance
    • Privacy Policy
    • Contact Us
No Result
View All Result
Cryptos Newz
No Result
View All Result
Home Cryptocurrency News

Dogecoin Price Returns to 2017 Peak Levels

Crptoz by Crptoz
June 9, 2022
in Cryptocurrency News
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

READ ALSO

Mark Cuban Claims Bear Market Will End After Crypto-Apps Become Handy

El Salvador Buys BTC Dip Again, Here’s How Much Has Been Gained in Last Few Hours


According to David Gokhshtein, CEO of Gokhshtein Media, Dogecoin is heading towards its 2017-2018 peak levels. At the time of publication, Dogecoin was trading modestly at $0.08.

Even though the meme cryptocurrency is down 89.17% from its all-time high in 2021, a detailed look at its price history may be necessary to understand how the meme cryptocurrency has performed over the years.

In 2017 – I think $DOGEIts ATH was around $0.07.

Add it to research.

— david gokhshtein (@davidgokhshtein) 9 June 2022

In 2013, Australian entrepreneur Jackson Palmer and software programmer Billy Marcus invented Dogecoin as a “joke cryptocurrency”.

how it all started

Dogecoin’s first surprising price rally occurred in early March 2017, when the crypto market first saw a significant increase in retail investment, leading to a significant increase in alternative cryptocurrencies, otherwise referred to as altcoins.

advertisement

The parody coin surged over 70 percent within 1,890% days, climbing from a starting level of $0.00021 on May 21 to $0.0042. The market cap later increased to $423 million. Shortly afterwards, during a two-week market correction that affected all cryptocurrencies, Dogecoin fell 75%.

In the first seven days of 2018, Dogecoin crossed $0.02, a 380% increase from its previous peak. At that time its market capitalization nearly quadrupled to $1.6 billion. However, this was only temporary, as the price dropped by almost 70% to $0.0047 in just eight days.

Dogecoin debuted in 2021 with fanfare, with Tesla CEO Elon Musk (“The Dogfather”), Mark Cuban and others all jumping on the DOGE bandwagon. Apart from a few brief periods, such as trading around $0.02 in 2018, the price of DOGE has largely traded below the $0.01 price point for much of its existence.

Fast forward to 2021, when Dogecoin hit an all-time high of $0.74 in May and has since fallen nearly 90%. At the time of publication, Dogecoin was the 10th largest cryptocurrency with a market valuation of $10.57 billion, according to CoinMarketCap data.


Related Posts

Cryptocurrency News

Mark Cuban Claims Bear Market Will End After Crypto-Apps Become Handy

July 1, 2022
Cryptocurrency News

El Salvador Buys BTC Dip Again, Here’s How Much Has Been Gained in Last Few Hours

July 1, 2022
Cryptocurrency News

XRP Network Shows Strange Activity Explosion, With Number of Unique Addresses Reaching Max in 2.5 Years

July 1, 2022
Cryptocurrency News

Crypto Lender Ledn Joins the Acquisition Battle for BlockFi (Report)

July 1, 2022
Cryptocurrency News

Crypto Price Analysis July-1: Ethereum, Cardano, Solana, Polkadot, and Polygon

July 1, 2022
Cryptocurrency News

VanEck Takes Another Stab at Launching Spot Bitcoin ETF

July 1, 2022
Next Post

Do Kwon Appeal Overruled, Must Comply With SEC Investigation Into Mirror Protocol - Decrypt

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Man Who Broke into Terra Founder’s House Was Crypto Investor Who Lost 3 Billion Won

May 16, 2022

When SHIB? Robinhood CBO States They Seek Compliant Ways to Increase Crypto Offering

February 9, 2022

Dock Launches Ambassador Program – Press release Bitcoin News

January 17, 2022

Why You Should Stack Sats To Celebrate Father’s Day

June 19, 2022

Ted Cruz: Texas Should Be “Ground Zero” for Crypto Industry

March 3, 2022

EDITOR'S PICK

BEST NFT TO BUY IN JUNE! Most Hyped Upcoming NFT Project Releasing Soon/ 100x #Solana

May 21, 2022

MicroStrategy, Tesla Now Hold Bitcoin At A Loss; Will They Sell?

May 12, 2022

Report: 75% Have Heard About Crypto in Spain, According to the CNMV – Bitcoin News

June 29, 2022

You can now buy Uniswap: here’s where

March 25, 2022

About

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Follow us

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Cryptocurrency News
  • Ethereum News
  • How To Buy Crypto
  • News
  • Uncategorized

Recent Posts

  • Mark Cuban Claims Bear Market Will End After Crypto-Apps Become Handy
  • DappRadar Successfully Launches Cross-Chain Staking With Minimal Fees
  • The Problem With Existing Cross-Chain Bridges
  • Bitcoin Just Posted Its 2nd Worst Quarterly Performance Since Inception – Decrypt
  • Home
  • News
  • How To Buy Crypto
  • Write For Us
  • Press Release
  • Legal Information

© 2022 CryptosNewz - Premium Cryptocurrency News Blog CryptosNewz.

No Result
View All Result
  • Home
  • News
    • Altcoin News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Business
  • How To Buy Crypto
  • Write For Us
  • Press Release
  • Legal Information
    • Affiliate Disclosure
    • DMCA Compliance
    • Privacy Policy
    • Contact Us

© 2022 CryptosNewz - Premium Cryptocurrency News Blog CryptosNewz.