Dogecoin Is Going to Explode in The Near Future
Dogecoin price is currently hovering around the 28 cents mark, and it is trading near the zone of the most liquidity, which means that it is accumulating power for a further sharp move.
Meanwhile, crypto experts think that Dogecoin is projected to make the most money over the next 18 years, with its investment value expected to increase by 10K percent.
The Zimbabwean government is considering the adoption of crypto as a legitimate payment method to capitalize on this growing interest in leverage technology
By comparison, the value of Bitcoin is expected to climb by 290 percent during the same time span. However, experts believe that Dogecoin is most likely to see its price skyrocket in the coming years. According to recent reports, the Zimbabwean government is considering the adoption of crypto as a legitimate payment method to capitalize on this growing interest in leverage technology.
The permanent secretary and head of the e-Government Technology Unit has recently announced that they have initiated conversations with the commercial sector. He said that Africa is an ideal market for testing and implementing crypto, and many businesses are already focusing on products and services tailored to specific African countries.
So it is quite clear that Zimbabwe has been one of the African countries to pay attention to its citizens growing interest in crypto, and they have demonstrated an interest in regulating the crypto sector. Besides, there has been rising popularity of DOGE in Bitcoin in the country, so it is great news for these coins.
Digital bank Rebel Revolt is looking to hire a technology team to help the company develop its own crypto exchange
According to the official job posting on LinkedIn, digital bank Rebel Revolt is looking to hire a technology team to help the company develop its own crypto exchange. The bank is seeking people with experience in the crypto sector and demonstrated expertise in order matching engines such as those used by crypto exchanges.
This indicates that financial service firms and institutions are now demonstrating a high level of interest in the growing crypto market, and it appears that Revel sets interest in building its own crypto exchange might help the digital bank cement its position as a market leader in the crypto. Moreover, this is going to be a great development for cryptos, since it is not indicating the rising popularity of cryptos.
The future of crypto, especially major coins like Bitcoin, DOGE or Ethereum, is looking full of opportunities. Now we know China is working on its own digital currency to counter cryptos. And according to a recent report, the Chinese central bank’s digital currency, the digital yuan has been used in nearly $10 billion worth of transactions in its test run. Additionally, approximately 140 million people have downloaded the government’s digital wallet.
Experts say that to initiate an uptrend from its current position, Dogecoin must breach the price hurdle of 34 cents, according to analysts. This barrier can be converted into support floors, signaling the start of a rebound that will eventually push Dogecoin to the 45 cents price level. Besides, in a bullish scenario, holders might anticipate Dogecoin breaking past the 45 cents price barrier and eventually reaching the 75 cents mark.