After Dogecoin (DOGE) 1 year Anniversary of Attaining All-time High: What Next?

Dogecoin (DOGE) is the most popular Meme token in the Cryptocurrency market. It is trading for $0.102 and stands in the 10th position of all cryptocurrencies rankings according to CoinMarketCap. On 8th May 2021, it attained its all-time high price of $0.7376 due to comments made by the world’s richest man Elon Musk. It’s been over a year, and this psychological resistance persists. Now the question is, how do we proceed from here? We shall consider some of the factors that can improve the price of Dogecoin (DOGE) in the coming years. They include: Living without Elon Musk Going into other chains Increased partnerships with social platforms Developing its Decentralized exchange Living Without Elon Musk Elon Musk’s comments have apparently led to Dogecoin’s unprecedented price increase. However, it is vital that the team works hard to change this present orientation. In the wake of Charlie Lee’s manipulation of the Litecoin price, he sold all his LTC. Litecoin has since reached a new high. Going to Other Chains Presently, Dogecoin (DOGE) is just in a few blockchains. Increasing the number of blockchains where converting DOGE is effortless could add more liquidity and trading volume to the DOGE market. This shift will directly impact the price of Dogecoin positively. Increased Partnerships with Social Platforms Dogecoin co-founder Billy Markus suggested using DOGE in tipping content creators for their tweets or post. Dogecoin tea...