Dogecoin price is towards IDR 45,000, this is a sentiment that can be leveraged
The increase in Dogecoin prices continues today, Saturday (17/4). Quoting coinmarketcap , the price of Dogecoin until 14:44 WIB rose 25% at US $ 0.3116 per doge. Dogecoin's price increase has reached 400% in the week. According to Indodax CEO Oscar Darmawan, Dogecoin's price movements are different from Bitcoin and Ethereum. "Fundamentally and utility have differences. So, it is only natural that the price increases are different," he explained to Kontan.co.id, Saturday (17/4). Dogecoin's price increase has reached 400% in the week. According to Indodax CEO Oscar Darmawan, Dogecoin's price movements are different from Bitcoin and Ethereum. "Fundamentally and utility have differences. So, it is only natural that the price increases are different," he explained to Kontan.co.id, Saturday (17/4).
At the same time the prices of Bitcoin and Ethereum have only gone up in single digits. Bitcoin rose 1.27% to US $ 62,357 per BTC. Meanwhile, the Ethereum price was up 2.39% at US $ 2,472.44 per ETH. According to Oscar, the increase in Dogecoin prices is due to the high demand that has recently occurred. "Massive demand made the price high. In contrast to Ethereum and Bitcoin which were slightly resistant, they fell slightly after their highest price," he said. Yesterday the prices of Bitcoin and Ethereum were indeed selling during a period of profit taking. However, the BTC and ETH corrections are not very significant. It appears that on Saturday, the price of Bitcoin and Ethereum has risen again. "The request for DOGE happened because the Tesla and Space X company owned by Elon Musk tweeted about DOGE. This happens a lot, because Elon Musk has done the same thing before," said Oscar. This condition makes people buy DOGE so that the price of Dogecoin increases. Oscar cannot confirm how long the Dogecoin price will continue. "Nobody knows for sure how the next Dogecoin price movement will be. However, according to predictions, the Dogecoin price could or may have shot up to US $ 3 or around Rp 45,000 per DOGE," he explained. According to Oscar, the increase in Dogecoin prices is due to the high demand that has recently occurred. "Massive demand made the price high. In contrast to Ethereum and Bitcoin which were slightly resistant, they fell slightly after their highest price," he said. Yesterday the prices of Bitcoin and Ethereum were indeed selling during a period of profit taking. However, the BTC and ETH corrections are not very significant. It appears that on Saturday, the price of Bitcoin and Ethereum has risen again. "The request for DOGE happened because the Tesla and Space X company owned by Elon Musk tweeted about DOGE. This happens a lot, because Elon Musk has done the same thing before," said Oscar. This condition makes people buy DOGE so that the price of Dogecoin increases. Oscar cannot confirm how long the Dogecoin price will continue. "Nobody knows for sure how the next Dogecoin price movement will be. However, according to predictions, the Dogecoin price could or may have shot up to US $ 3 or around Rp 45,000 per DOGE," he explained.
DOGE is one of the most popular crypto assets in the United States. Demand can happen massively. Because of the doge meme theme, it is easier for people to remember. "The price of Dogecoin is also very cheap which is also the main attraction," said Oscar According to Oscar the Dogecoin price increase could easily bounce back if there is some positive sentiment. For example, a technology upgrade from DOGE. "Even though there has actually been no announcement and statement regarding technology upgrades. So, it is possible that DOGE may still rise as people predict," he explained. According to Oscar the Dogecoin price increase could easily bounce back if there is some positive sentiment. For example, a technology upgrade from DOGE. "Even though there has actually been no announcement and statement regarding technology upgrades. So, it is possible that DOGE may still rise as people predict," he explained.