Crypto community sets Dogecoin price for September 30, 2022 

Disclaimer: The CoinMarketCap cryptocurrency community price estimate is based only on the votes of its users. Estimates do not guarantee end-of-month prices.

Investors in Dogecoin (DOGE) are still hopeful that the meme coin will have a positive month in September despite the turbulent state of the cryptocurrency sector, which has been in a larger bear market throughout 2022.

The CoinMarketCap crypto community is projecting that the dog meme token will trade at an average of $0.08991 by the end of September 2022, which is still shy of the $0.01 critical psychological level, based on the votes of 1,079 votes – using the ‘Price Estimate’ function, which enables users to predict the future value of cryptocurrencies.

In particular, the estimated price indicates a $0.02649 or 41% increase from the decentralized finance (DeFi) asset’s current value at the time of publication.
Doge September price prediction. Source: CoinMarketCap

According to the 491 user votes recorded so far, the community forecasts that the price will decline by the end of October, with an average estimate of $0.07471 +$0.01192 (+18.98%) to the current price.

Currently, DOGE is trading at $0.06287, down 1.47% in the last 24 hours and a further 8.84% over the previous seven days, with a total market worth of $8.3 billion.
Doge 1-day chart. Source: CoinMarketCap

Notably, the asset traded in the green before nose-diving in tandem with the broader crypto market. 

Dogecoin has been in a steady selling frenzy since it dropped below the $0.19 barrier in December last year. As a result of this downward phase, the canine-centered cryptocurrency reached parity with its annual lows in June. 

However, ever since that time, purchasers have been actively working toward the goal of reclaiming crucial support levels.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.