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Dogecoin Price Prediction: DOGE Price Forecast For 2021 and Beyond

Dogecoin price prediction 2021. It’s safe to say that this altcoin had a turbulent history. Will DOGE price surge…….

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People tend to talk a lot about Bitcoin. It can be easy to forget that there are hundreds of other cryptocurrencies. Some of these cryptocurrencies may even attribute the similar features as the Bitcoin.

But cryptocurrencies are not just digital assets, they include their communities, too. One altcoin with a growing community is Dogecoin.

In this Dogecoin price prediction, we will start by explaining briefly what Dogecoin really is. This will be followed by its future and DOGE price for coming years.

Overview

  • Cryptocurrency: Dogecoin
  • Token: DOGE
  • Market cap: $329,823,756 USD
  • Circulating supply: 126,687,077,946 DOGE
  • All-time high: $0.018773 USD (Jan 07, 2018)
  • All-time low: $0.000085 USD (May 07, 2015)

What is Dogecoin?

Dogecoin is a peer-to-peer, decentralized, and digital currency that allows you to send money online easily. Dogecoin right from its launch has become very much significant in the crypto world. The Doge cryptocurrency is even used by retailers to accept payments. Its logo is a dog, which is their friendly mascot.

Dogecoin is a user-friendly cryptocurrency project launched on December 06, 2013. It uses its own blockchain and is widely supported by many wallets and Exchanges. Dogecoin’s main use case is for making payments and recently it has also been used as a tipping coin for rewarding small tokens to people during social media interactions.

FunFact about Dogecoin

Its most distinct feature, however, is its mascot. The developers of Dogecoin chose a “fun” approach towards its development.

Dogecoin was created by Billy Markus, Oregon, and Jackson Palmer. It was introduced as a joke, but who knew it would become so significant in the crypto world. It is also used by retailers to receive payments.

Dogecoin Technical Analysis (2013-2019)

Dogecoin made its debut in December 2013 at $0.0006 with a $3.5 million market capitalization. For a year, Dogecoin was on an upward trajectory and doubled exponentially.

But the year 2014 was not as good for Dogecoin, New cryptocurrencies emerged on the market, such as NEO, Stellar, and Monero, and traders turned their attention to them. DOGE’s price fell to $0.0001.

Co-founder Jackson Palmer quit the project unexpectedly in 2015. He explained that he preferred to concentrate on the technical aspects of the blockchain. With the news, the world began to speak of DOGE’s impending death, but this did not happen.

Dogecoin, however, did not cross the $0.0002-0.0003 price range until 2017. Yet consumers purchased coins for personal payments, and the capitalization of the altcoin rose steadily. Then the value of the coin increased dramatically to $0.003 in the spring of 2017 and further continued to grow.

But many altcoins started to decline in price already at the beginning of 2018, as several Southeast Asian countries began tightening state regulation on the cryptocurrency sector. Dogecoin was no different, but it recovered quickly and the price became steady. At the end of January 2018, Dogecoin hit an all-time high of 2 cents, and its capitalization approached $1 billion.

The altcoin though traded sideways in 2019 for much of the year. A little bit of surge escorted the market price up to around $0.004 around July of the year, but later lost much of these returns by the end of the third quarter. Dogecoin was back tethering at $0.003 in late 2019.

DOGE Price Prediction 2020

The altcoin will hover about the $0.02 mark, where the highest estimated price will be $0.0284 and the minimum expected price will be $0.0214.

At the end of this year, it is likely to cross the $0.03 mark, since this is the year of cryptocurrencies. Dogecoin is expected to pick up as people know it’s worth it and they are getting over it.

DogeCoin Price Prediction 2021

As per the DOGE price chart and the Dogecoin price analysis, Dogecoin has the greater capability and might compete with other peer cryptocurrencies by 2021. It might even go up the ranking ladder and go ahead with major integrations and partnerships. This might increase the user adoption rate. Experts predict DOGECoin to reach Upto $0.0041 USD by 2021.

DogeCoin Prediction Prediction (Next 5 years)

In a 5-year time frame, Dogecoin is likely to reach a $0.04 mark. It might reach $0.05 also if it does not come across any turbulence. Dogecoin price prediction suggests that the Dogecoin price is up for a long-term gain in the DOGE price value with a 5-year investment.

This means that in 2025, the Dogecoin price is predicted to stand at around $ 0.044. The lowest expected price in 2025 might be $0.281, and the highest expected price might be $0.0450.

DOGE Market Prediction

Let us now consider Dogecoin predictions from distinct sources, which will give us a better idea:

1) Zakaria M: Zakaria M, one of the eminent Steemit bloggers, claims that a single Dogecoin would be worth $1 in a time frame of 5 years. It was also added that $1 or even $10 a Doge is reasonable in five years with all other fiat currencies moving in and out of Doge.

2) Crypto Ground: The coming year and even 5 years down the line have been predicted by Crypto Ground. They estimated that DOGE will hit $0.0032 by 2020 end. According to the system using the in-house deep learning algorithm, Dogecoin could provide a DOGE price of $ 0.0141 by 2025.

3) Wallet Investor: The WalletInvestor contains predictions for just about every altcoin in the market where it claims that Dogecoin would cost $0.00376 in one year. Wall Investor also claims that in five years, Dogecoin price could rise significantly to $ 0.0184 by 2025.

Our Dogecoin Price Prediction

Dogecoin is likely to go up by over half a cent in the coming month or two. Dogecoin has been embraced by retailers such as eGifter, AllGamer.net, and hundreds of other online stores as a way of payment for products and services.

Even there are speculations of DOGE getting closer to currencies like IOTA and TRON. It jumped upwards from being in the top 25 cryptocurrencies within a less span of time. Even the traders are quite optimistic about this token.

FAQ

What Is Dogecoin (DOGE)?

Dogecoin is a peer-to-peer, decentralized, and digital currency that allows you to send money online easily.

What is the current price of Dogecoin?

Currently, Dogecoin is trading at $0.002631 USD

Will Dogecoin go up in 2021?

Dogecoin is most likely to go up in 2021 because of its high adoption rate

  • Cryptocurrency: Dogecoin
  • Token: DOGE
  • Market cap: $329,823,756 USD
  • Circulating supply: 126,687,077,946 DOGE
  • All-time high: $0.018773 USD (Jan 07, 2018)
  • All-time low: $0.000085 USD (May 07, 2015)

Source: https://coinpedia.org/price-prediction/dogecoin-price-analysis/

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Cointelegraph

Massachusetts regulator seeks to revoke Robinhood’s broker-dealer license

Massachusetts’ securities regulator is seeking to revoke the broker-dealer license of cryptocurrency-friendly stock trading app Robinhood in the state.

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State regulators claim that Robinhood has targeted inexperienced investors.

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Massachusetts regulator seeks to revoke Robinhood's broker-dealer license

Massachusetts’ securities regulator is seeking to revoke the broker-dealer license of cryptocurrency-friendly stock trading app Robinhood in the state.

William Galvin, the head of the state’s securities division, said in a new administrative complaint that Robinhood has “continued a pattern of aggressively inducing and enticing trading among its customers — including Massachusetts customers with little or no investment experience,” Bloomberg reports Thursday.

The new filing is a follow-up to a complaint filed by Galvin’s office in December 2020, alleging that Robinhood’s marketing illegally targeted inexperienced investors.

The state pointed to Robinhood’s recent activity, including a promotion that provides customers with cash rewards based on new deposits, as proof of a “firm culture which has not changed.”

Robinhood responded to the new complaint, arguing that the action could prevent “millions of Bay Staters” from accessing their platform. In December, the company said that its platform had nearly 500,000 customers in Massachusetts.

The firm has filed a lawsuit seeking to invalidate a recently adopted fiduciary rule in Massachusetts that state regulators have accused it of violating. Adopted in 2020, the rule requires broker-dealers to act in their clients’ best interest.

“The Massachusetts Securities Division’s new Fiduciary Rule exceeds its authority under both Massachusetts state law and federal law,” Robinhood said. “Robinhood is a ‘self-directed’ brokerage firm that does not make investment recommendations or provide investment advice. By its own terms, the new rule does not apply to self-directed firms,” the firm noted in the lawsuit.

Robinhood has faced mounting pressure from regulators and users alike after it became involved in the controversial GameStop stop short-squeeze. Robinhood halted buying for GameStop stock in January 2021, drawing the ire of the trading community.

Last year, 20-year-old Robinhood user Alex Kearns committed suicide after seeing a $730,000 negative balance on his Robinhood app. A note on his computer reportedly posed the question, “How was a 20 year old with no income able to get assigned almost a million dollars worth of leverage?” In February 2021, Kearns’ parents filed a lawsuit against Robinhood over his death.

Robinhood has been also experiencing a number of technical issues, reportedly causing major losses for traders and triggering further legal action against the company.

The most recent such event occurred on Thursday when Robinhood’s crypto trading platform ran into technical issues as Dogecoin (DOGE) hit a new all-time high of $0.27.

Source: https://cointelegraph.com/news/massachusetts-regulator-seeks-to-revoke-robinhood-s-broker-dealer-license

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Penny Stocks To Buy For Under $1 On Robinhood

Are Penny Stocks Under $1 on Robinhood Worth It?

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Free Book Preview Money-Smart Solopreneur

This book gives you the essential guide for easy-to-follow tips and strategies to create more financial success.

April 15, 2021 6 min read

This story originally appeared on PennyStocks

3 Penny Stocks to Watch That Are Trading Higher Today

Many penny stocks have shown bullish action in April. While there are bad days in the market, investors seem hopeful about the future. Some of this can be attributed to recent positive updates about the pandemic. In the U.S., COVID cases have rapidly declined in the past month alone. This is in part due to the millions of vaccine doses that have been distributed.

According to the most recent data, 36% of the population has received at least one dose of a vaccine. Because of this, many believe that economic recovery could occur in the coming months. Additionally, factors like solid retail numbers and low unemployment, show that the future could be bright. As a result, many penny stocks are increasing in value.

If you are looking to invest in penny stocks, there are a few options. While you can buy stocks under $5 through many brokers, traders have recently turned to newer platforms. This includes those like Robinhood and WeBull. In the past, buying and selling stocks was a rather tedious process for non-institutional investors. However, the rise of easy-to-use brokers and social platforms like Reddit has increased the number of retail traders out there.

And while these platforms are easy to use, they often won’t allow access to OTC or over-the-counter markets. This is where a large portion of penny stocks reside. While finding stocks under $1 can be challenging on Robinhood, there are plenty of them out there to take a closer look at.

[Read More] 4 Reddit Penny Stocks to Watch Before the End of the Month

Before you dive headfirst into penny stocks, it’s worth noting that they can be more volatile than blue chips. While it depends on the sector, in general, stocks under $5 and especially those under $1 can carry a high-risk profile. That being said, there are lots of penny stocks to watch in April 2021. With this in mind, here are three that posted large movements on April 15th.

Penny Stocks To Buy For Under $1

ToughBuilt Industries Inc.

ToughBuilt Industries is a company that has been trading heavily off of speculation in the past few days. Before we get into why; let’s talk about what the company does. ToughBuilt is a manufacturer of home improvement items and construction-related products. It offers everything from tool belts and tool bags to storage solutions, saws, and more. On March 26th, the company released an update that most likely affected its intraday trading volume.

This update came as ToughBuilt released its fiscal 2020 results. In the results, TBLT announced revenue growth of 106% to $39.4 million. Additionally, its gross profit shot up by 162% to $14.7 million. This is compared to $5.6 million in the previous year. Both of these numbers represent sizable gains and show that fundamentals might actually be driving its recent price action.

“ToughBuilt has demonstrated strong fundamentals based on execution team, customer relationships, balance sheet, commitment to research and development and continued customer service.”

CEO of ToughBuilt, Michael Panosian

This year, Toughbuilt is focusing on building out its product lines as well as its global distribution. It aims to offer a wider range of products as well as new and innovative equipment.

Despite TBLT falling in value on April 15th, this balance sheet could have larger implications for the long term. It’s common to see a stock either move up or down very quickly on the day of a balance sheet release. Because its numbers are quite good, TBLT stock could be worth watching in the coming days.

Penny_Stocks_to_Watch_ToughBuilt_Industries_TBLT_Stock_ChartGreat Panther Mining Ltd.

If you’ve invested in the market in 2021, you’ve probably seen the solid performance of the mining industry. During that time, many mining penny stocks like GPL, have jumped up in value.

One of the driving factors of this is the increasing prices of gold and silver. Because of fears of long-term inflation, investors have turned to safe-haven assets like precious metals. This includes gold and silver. As we turn the corner in April, many mining stocks are continuing to carry this momentum.

Great Panther Mining is a perfect example of the solid momentum with mining stocks right now. GPL operates as a mining and exploration company based out of Canada. It explores and mines gold, silver, lead, copper, and zinc ores at its facilities. While it does mine non-precious metals, its main focus is on gold and silver. Because of this, it’s no surprise that shares of GPL have increased alongside the precious metals industry.

[Read More] Penny Stocks and the Coinbase IPO: What Cryptocurrency Has to Do With Small-Cap Stocks

On April 13th, Great Panther reported its first-quarter 2021 production results. In the report, GPL showed solid growth in its mining operations. It also engaged in several big advancements which allowed it to mostly avoid pandemic-related losses. With these results, Great Panther is on track to meet its proposed guidance for 2021.

While production numbers were low in the first quarter of the year, this was all a part of its roadmap. The company states that “The first quarter was planned to be a low production quarter due to heavy stripping. Production is expected to ramp up quarter-over-quarter for the remainder of the year as mining progresses into sectors with lower strip ratios.”

When this was announced, shares of GPL spiked higher during intraday trading. While it did pull back slightly, this seems to be the result of a natural correction. On April 15th, GPL began to see positive momentum once again. During the trading day, GPL shot up by almost 3% to $0.79 per share. With this exciting news in mind, is GPL stock worth watching?

Penny_Stocks_to_Watch_Great_Panther_Mining_Limited_GPL_Stock_ChartCastor Maritime Inc.

Castor Maritime is a shipping company that works with dry bulk cargoes. This includes everything from flour to building materials and more. During the pandemic, companies like Castor have increased greatly in popularity. However, its recent momentum can be attributed to three factors in particular.

First, on April 5th, it announced the pricing of a $125 million registered direct offering. It will be issuing 192.3 million common shares at $0.65 per share. This is always exciting as it helps to bring in new capital for potential business expansion. Additionally, it can help to make investors feel more comfortable with a company’s balance sheet.

Second, on April 9th, Castor announced that it had acquired a 2011 Japanese-built Panamax dry bulk carrier vessel from a third party for $18.48 million. This is big news for the company as it shows it is expanding its fleet. The company is currently focused on bringing in as much business as possible. This is where the ship acquisition comes in.

Lastly, on April 14th, Castor announced deliveries of the M/V Magic Twilight and M/V Magic Thunder. These are two Korean and Japanese-built dry bulk carriers. Again, this will help to boost its fleet count as well as its carrying capacity. While these updates may seem small, they provide solid insight into what Castor is doing right now. Considering this, is CTRM worth watching?

Penny Stocks to Watch Castor Maritime (CTRM Stock Chart)

[Read More] 4 Penny Stocks On Robinhood To Buy Under $1; 50%-270% Price Targets

If you are looking to invest in penny stocks, there are a few options. While you can buy stocks under $5 through many brokers, traders have recently turned to newer platforms. This includes those like Robinhood and WeBull. In the past, buying and selling stocks was a rather tedious process for non-institutional investors. However, the rise of easy-to-use brokers and social platforms like Reddit has increased the number of retail traders out there.

Source: http://feedproxy.google.com/~r/entrepreneur/latest/~3/oEVfyBd5nrE/369549

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C2i Genomics Secures $100M Note To Detect Tiny Traces of Cancer

C2i’s cancer diagnostics service uses AI pattern recognition and whole-genome analysis to spot trace amounts of cancer much quicker.

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Cancer intelligence company C2i Genomics is developing a platform that can perform a whole-genome sequencing using only 2 milliliters of blood, as well as provide 100x more sensitive cancer detection than competitors, according to company co-founder and CEO Asaf Zviran.

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On Thursday, the New York-based company announced a $100 million convertible note to accelerate the clinical development and commercialization of its platform. Behind the note is a group of investors including Casdin Capital, NFX, Duquesne Family Office, Section 32, iGlobe Partners and Driehaus Capital. Additional participation came from The Mark Foundation for Cancer Research, Silver Lake, Alexandria Real Estate, Gordon Asset Management and LionBird.

How it works

C2i’s cancer diagnostics service uses artificial intelligence pattern recognition and the whole-genome analysis to spot trace amounts of cancer much quicker, in about a week, to inform better treatment decisions and ultimately save lives. The company aims to help patients avoid unnecessary overtreatment with toxic chemotherapy or radiation, as well as to prevent them from going without treatment while cancer quietly grows and metastasizes.

That’s important to Zviran who is a cancer survivor and has supported family members through their cancer diagnoses and treatments. Previously in the defense sector in Israel, he was diagnosed with cancer at 28 years old.

“After I went through surgery, I spent most of my time talking to oncologists to understand how treatment optimization works and how they had a lack of tools to do that in an effective manner,” Zvrian said. “I went back to school and got my Ph.D. in genomics and focused on how to use blood samples to monitor cancer.”

He developed the technology for the origins of C2i Genomics for three years before getting to the point where he felt he could create the company in late 2019.

Investment

With the note, the company has raised a total of $113.2 million in venture-backed capital, including a $12 million Series A round in 2020, according to Crunchbase data.

“It was a quick fundraising that started in January,” Zvrian said. “We initially looked at equity, but decided with the rapid growth of the company, the market, and the commercialization potential, we thought it would be better to do a note to give us flexibility going into the next fundraising event. We received strong interest, but it was important to choose the right partners.”

James Currier, general partner at NFX, feels the same way. He became acquainted with C2i Genomics through his colleague, NFX’s Head of Bio Omri Amirav-Drory. The seed investor came in for C2i’s seed in August 2019 and stayed for its Series A and the note.

What C2i has been able to do is establish clinical trials with six institutions around the world and prove its technology with data, Currier said.

“The technology, AI and software they built is more sensitive and accurate than others on the market,” he added. “It is time to ramp up the testing and approvals. They have six trials right now, but there are other institutions wanting to be seven, eight and nine. To staff up those CLIA labs, they’ll need cash.”

Growth

Meanwhile, with the note closed, Zvrian intends to move quickly from technology development and validation to scale-up commercialization. The funds will be used on R&D, adding staff and getting technology into the clinic. The company also aims to launch its diagnostic indication in the U.S. and Europe.

C2i has a CLIA (Clinical Laboratory Improvement Amendments) lab in Massachusetts and an R&D center in Israel. The CLIA lab was the result of C2i’s acquisition of QNA Dx in March, Zvrian said.

“We are working at better detection,” he added. “We have almost 40 employees and plan to double that number by the end of the year. Our solution is still very new on the market, and with improvement in performance we can do clinical applications not done before. With a cloud environment, every clinical lab will be able to use this to do detection and monitoring.”

Illustration: Li-Anne Dias

Stay up to date with recent funding rounds, acquisitions, and more with the Crunchbase Daily.

C2i’s cancer diagnostics service uses artificial intelligence pattern recognition and the whole-genome analysis to spot trace amounts of cancer much quicker, in about a week, to inform better treatment decisions and ultimately save lives. The company aims to help patients avoid unnecessary overtreatment with toxic chemotherapy or radiation, as well as to prevent them from going without treatment while cancer quietly grows and metastasizes.

Source: https://news.crunchbase.com/news/c2i-genomics-secures-100m-note-to-detect-tiny-traces-of-cancer/

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Cointelegraph57 mins ago

Massachusetts regulator seeks to revoke Robinhood’s broker-dealer license

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