Dogecoin Heading Downhill Ahead of Nashville Race

The price of Dogecoin has fallen by 9% over the past seven days, trading at $0,313.

Dogecoin’s creator, known as @ BillyM2k on Twitter, tweeted this morning that there are only five days left before the Dogecoin car will participate in the race in Nashville.

This event is likely to attract more attention to the coin, which may affect its price once the event occurs.

Dogecoin is currently losing strength. Over the past seven days, its price has fallen from a high of $0.307261 to $0.329430

Where to buy Dogecoin

eToro

eToro is a social trading platform based in Cyprus. The company has revolutionized the online trading industry by introducing innovative ways for traders to benefit from the financial markets.

Sign up now with eToro

CedarFX

Sign up now with CedarFX

Why is Dogecoin’s price slump a good opportunity?

After hitting a high of about $0.7 last month, Dogecoin’s price has been falling ever since, leading to accumulation opportunities for large whales.

The challenge for the ordinary investor is to try to time his purchases and sales so that they coincide with the movements of the big players.

Currently, it is unclear whether Doge will continue to fall before moving back up and targeting the $1 mark-so investors should be aware of the investment risk and invest only the amount they can handle the loss.

Read More

The Top 5 NFT Projects in 2022 According to Experts

You've probably heard a lot about NFT artworks fetching millions of dollars. If this is the case, you'll probably want to get involved and...

Legends of Bezogia Reveals Sustainable Play2Earn Mechanics By Publishing Breakthrough Whitepaper

ZOGI Labs Ltd. reveals shocking whitepaper detailing next-level blockchain gaming mechanics never seen before in the industry. Eliminating core industry issues like token inflation,...

Lyfe, the first music artist to debut its own Metaverse

Miami-based entrepreneur Antonio Trincao, a.k.a. Lyfe, has unveiled the imminent release of his music album and the most innovative entertainment experiences and concerts in...

Inaugural ZENCON a resounding success

Over 200 participants and attendees of the 68-Hour-Hackathon produced 24 projects across 5 categories on the newly introduced ZENIQ Smartchain. Conference to return next...

Gulf Xellence announces the most exciting and largest CRYPTO FEST 2022 to be held on 19th – 20th October in Dubai,UAE

Witness the world of possibilities under one roof – attend CryptoFest 2022. CryptoFest 2022 is a preeminent festival of Blockchain, Cryptocurrencies, NFTs, the Metaverse, Web...