With the market reset, The price of Dogecoin already sees upside down. July has proven to be the most difficult to date for Mimi, overcoming the gains recorded in May. This penetration did not pay the price of Dogecoin above the level of $ 2.7 only after it has struggled for months, but it also led to a declining chain break that has lasted during the past four years. This has referred to a tidal turn and it may mean that Mimi coin has just started.
July 65 % of running broke the curse of the third quarter
Dogecoin challenged the bears in July and spent the accident expectations this month. according to Data From Cryptorank, it’s one of the most landfill for Meme, where medium returns are offered by only 2.23 % and average negative returns by -4.59 %.
Instead of undergoing the bears this time, Dogecoin continued to celebrate its most upscale month From July until now. The data shows that the Meme currency has already increased more than 65 % and does not look to stop any time soon. However, July is not the only direction that Dogoin broke.
The third quarter of the year (Q3) was always the most obvious quarter of Mimi currency. Cryptorank explains that during the 12 -year -old Dog, Q3 has closed a total of eight years. This is unlike six years for both Q1, Q2 and Q4.
However, more than 65 % gathered at the price of Dogecoin this month has already been put in place The third quarter on the road to a green closure. It is already 66.5 % in the green color for the third quarter, which puts an end to a 4 -year red step that has experienced MIM since 2021.
The folder tells a story with joy
The price of Dogcoin has already increased by more than half of this month, but the size is still very low compared to its highest levels ever last year. Coinglass data He appears That dogecoin Daily trading volume Its peak was only at $ 20.04 billion this year, compared to $ 60.11 billion registered in November 2024.
Go through historical performance, The price of Dogecoin was often led When trading volume reaches the highest new level ever. But with the launch of the peak levels so far, the price of the DOGE may continue to rise with a rise in daily size, which puts it on a course of $ 0.5 before reaching the top, similar to November 2024.
Distinctive image from Dall.e, Chart from TradingView.com
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