The Dogecoin (DOGE) market made headlines for all of the unsuitable causes. According to current updates, co-founder of the Bitcoin sidechain Sequentia, Andreas Kohl, just lately revealed that he had introduced down 69% of the Dogecoin community. Kohl carried it out in El Salvador utilizing an outdated laptop computer. Before the vulnerability was exploited, Dogecoin had 647 lively nodes. But the true query is that if this hack impacted the worth of the meme coin.
Dogecoin’s Recent Drop
The OG meme cryptocurrency has witnessed a slight drop. This might be linked to each the general market sentiment and the most recent exploit. At press time, Dogecoin was buying and selling at $0.4017 following a 2.83% decline over the previous 24 hours. It ought to be famous that DOGE surged all the way in which to a excessive of $0.4835 earlier this month.
DOGE has been a prime performer all year long. The OG meme cryptocurrency has surged by round 335% throughout this era. About a 12 months in the past, the asset was buying and selling at $0.07798. Despite this uptick, DOGE continues to commerce 45% under its all-time excessive of $0.7376.
Potential Profits
According to knowledge from CoinCodex, the worth forecast for Dogecoin in 2026 is optimistic. According to forecasts, the DOGE cryptocurrency will peak at $0.504321 in February and fall to $0.379115 in May. In 2026, the common worth of DOGE is predicted to be $0.422556.
While this is probably not a serious uptick, it’s a lot greater than its present worth stage. If an investor pours in $1,000 at in the present day’s worth, they could garner a moderately dainty acquire in the 12 months 2026. CoinCodex revealed that the investor might see a possible revenue of $ 223.83. This additional translated to a 22.38% rise over the following 437 days.
