Dogecoin: AI Sets DOGE Price For February 1, 2025

The Dogecoin (DOGE) marketplace seems to beryllium moving dilatory since the opening of the year. The OG meme coin ended 2024 connected a large enactment and recorded a precocious of $0.4835. While the plus continues to stay distant from its all-time precocious of $0.7376, the assemblage has been betting connected DOGE reaching this people during this year. But this mightiness beryllium much challenging than 1 tin expect. The swift changes successful the US authorities and D.O.G.E. has been causing volatility successful the Dogecoin market. Even though January has been rocky for the asset, February could bring successful caller gains for DOGE.

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Dogecoin’s Path To Recovery

Source: Watcher Guru

Throughout the past month, Dogecoin has experienced accrued volatility. The plus dipped each the mode to a debased of $0.3065 and went connected to surge to a precocious of $0.4315. Dogecoin’s monthly terms alteration stands astatine a affirmative 8.72%. Sadly, the past week has been brutal for the cryptocurrency. DOGE recorded a plummet of implicit 13%. At the clip of writing, the meme coin was priced astatine $0.3604 pursuing a flimsy betterment of 2.51% implicit the past 24 hours.

Source: CoinMarketCap

The accomplishment of caller meme coins similar TRUMP and MELANIA has caught the attraction of the cryptocurrency market. Despite the fervor astir them, Dogecoin continues to reigh the marketplace arsenic the largest meme cryptocurrency. DOGE’s existent marketplace headdress stands astatine $53.22 billion.

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February Price Prediction

Source: CoinCodex

Despite its latest recovery, it is astir apt that DOGE volition not statesman the coming period connected a large note. According to information from CoinCodex, Dogecoin volition grounds a flimsy driblet successful its terms and commercialized astatine $0.3466 connected February 1, 2025. In addition, the representation beneath highlights however the plus volition beryllium ending successful January connected a bearish note. Considering the volatile quality of the DOGE market, the plus could extremity the adjacent period connected a bully note.

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