The 20th of April, or 4/20, is considered "Doge Day" by many Dogecoin supporters. The celebration began in 2021 after fans declared 20 April "Doge Day" on social media with the aim of driving the value of the digital asset to new heights.
Coincidentally, every year on 20 April, World Cannabis Culture Day is celebrated - a holiday that goes beyond the recreational use of the plant: in different parts of the world, people call for the legalization of cannabis and decriminalization of its use on this day.
And the icing on the cake is that Elon Musk does not publicly shy away from either of them :)
Doge fans' goal = $1. With the current amount of coins in circulation, the project's capitalization at this price will be no less than 139bn) For comparison, today the capitalization of BTC is 650bn, ETH is 235bn, Tether is 81bn, XRP is 25bn, and Doge is almost 13bn.
Dogeusd price on 20.04.2021 - $0.44 Dogeusdt price on 20.04.2022 - $0.145 There was no pumping these days, but it is also true that the market has been different in the last few years.
Here is our global idea for the Dogeusdt chart
From today until the end of the week, many crypto exchanges have launched trading contests for Doge, so trading volumes will definitely increase, but whether Doge's price up or down is another question.
If buyers manage to break through and gain a foothold above $0.095, they can target $0.11 and $0.14
If the cryptocurrency market continues to fall, which began yesterday, it will also be a good idea to buy Dogeusdt at $0.07-0.075.
By the way, last week we offered 3 fractals for the price movement of BTCUSDT, have you already chosen which probable path you like the most? _____________________ Did you like our analysis? Leave a comment, like, and follow to get more