Dogecoin is a cryptocurrency launched on December 6, 2013 by Billy Markus and Jackson Palmer. Dogecoin originated as a parody of Bitcoin, and adopted the popular »Doge« meme as its mascot. From a more technical perspective, Dogecoin originated as a fork of Luckycoin, which is itself a fork of Litecoin. Dogecoin tracker If you feel that Dogecoin will be widely adopted, you may choose to invest. However, there is nothing inherently scarce about Dogecoin, so in this case, you may be better off thinking of it more or less as speculation. Speculation is almost always geared more toward shorter-term trading, but that does not necessarily mean intraday trading.
02:04 Dogecoin (DOGE) Price Prediction – Resistance and Support Levels If this analysis holds, then Dogecoin could see an initial recovery of 3%. Then from there, a fall from $0.06 to $0.056 would mean a 7% decline, meaning trading the bearish turn would be more profitable than a bullish one.