With all indications, it appears that Dogecoin is still doing well despite the recent Dogecoin Amazon petition. Will Dogecoin ever go up? Many digital asset investors have been asking if Dogecoin will ever go up after the Dogecoin petition. The recent Dogecoin price action has shown that the Dogecoin Amazon petition as well as the crypto bears can’t stop the growth of the coin. There is also a lot of bullish Dogecoin news today, helping to boost the price of Dogecoin. The bullish Dogecoin news update and Dogecoin price prediction 2019 have helped the coin to thrive in the bearish crypto market.
While the Dogecoin Amazon petition is one side, the blockchain project has not slowed down in developments and partnerships. The latest Dogecoin news update is that the coin just partnered with Huobi to carry out a philanthropic task.
Dogecoin News Today – Huobi and Dogecoin Collaborates to Raise Fund for a Canine Rescue and Shelter
Dogecoin news update: Huobi US and Dogecoin (DOGE) recently came together to raise fun for Grateful Dog Rescue. Grateful Dog Rescue is a canine rescue and shelter that is based in San Francisco. This collaboration was revealed via a tweet by Huobi US on the 12th of April. In the Twitter post, Huobi US stated:
“The promised #dogecoin4charity promotion is here! With the @Dogecoin team. We will be awarding 1 Dogecoin for every Huobi sign-up and L1 Verification! Huobi will donate 1,000 Dogecoin (DOGE) for every verified signup to @GratefulDogsSF.”
During the announcement, Frank Fu – the chief executive officer of Huobi said:
“Dogecoin (DOGE) has become the darling of the digital currency community with an amazing market capitalization that is presently over $350M. We are excited to support projects with such widespread appeal, and we will continue to aggressively expand out token variety.”
With Dogecoin being one of the best cryptocurrency to invest 2019 according to some digital asset investors, the Amazon Dogecoin petition is no stopper for the coin. Dogecoin news update and the bullish sentiments around the coin will continue to push its value higher.
Dogecoin Price Analysis – Dogecoin Price Prediction 2019
Yesterday, the price of Dogecoin was in a bearish territory. Dogecoin price has been somewhat in a range bound movement recently. A few days ago, the price of Dogecoin plunged towards the $0.0026 level. A few days after, the bulls took over and Dogecoin price soared towards the $0.03 level. However, it faced a strong hurdle on the upside and plunged towards the $0.0027 mark.
At the moment, the immediate support of Dogecoin price is at the $0.0027 mark, as Dogecoin now trades over the $0.0028 level. On the upside, if the bulls break over the exponential moving averages, the price of Dogecoin might continue its bullish trend. The next minor crypto bull run might push the value of Dogecoin over the $0.03 level. A break over this level will pave the way for more gains and Dogecoin might attain the short-term Dogecoin price prediction 2019.
Dogecoin (DOGE) price today
At the time of writing, the price of Dogecoin is $0.002776 after a decrease of about one percent over the past twenty-four hours. The current market cap of the digital currency is $350.9 million. The trading volume of the digital currency over the past twenty-four hours is $81.35 million.
Brian Lubin is a Crypto News Reporter for Smartereum. He's well-known for his reports on the crypto markets.