The Doge NFT Price

There are two schools of thought when it comes to determining the price of a cryptocurrency like The Doge NFT.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of The Doge NFT, collectively known as fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of The Doge NFT.
By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of The Doge NFT on the basis that history tends to repeat itself.
Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of The Doge NFT.
Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for The Doge NFT and the broader cryptocurrency market.

The Doge NFT achieved the all-time high of $0.04176 in 2021-09-03, and is currently trading at $0.001217.

The Doge NFT reached its all-time low of $0.0000002 on 2023-08-11.

The current market cap of The Doge NFT is $16.2M, as 13.31B DOGNFT is trading at the price of $0.001217.

There are currently 13.31B DOGNFT circulating in the market. These The Doge NFT can be actively traded or used in the open market.

The maximum supply of DOGNFT is 16.96B , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of The Doge NFT is $20.65M. The FDV is calculated taking the assumption that all supply of The Doge NFT is circulation, multiplied by its current price of $0.001217.

Using an algorithm to automatically identify historical data trends, this The Doge NFT price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

The Doge NFT offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that The Doge NFT and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and do your own research (DYOR) before investing in The Doge NFT.

You can buy The Doge NFT via Gate by following the steps on how to buy DOGNFT once you have funded your account.