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Dogecoin has gained significant popularity as a meme coin, serving as an inspiration for a multitude of other animal-themed cryptocurrencies. These meme coins, as their name implies, were initially created as a lighthearted joke. However, they have experienced a remarkable surge in popularity in recent times. In an attempt to participate in the meme coin frenzy, many users have shown interest in joining this growing trend. Dogecoin played a pivotal role in initiating the meme coin craze and subsequently inspired the development of various coins that aim to emulate its success. Also read: Shiba Inu: 85% of SHIB Holders Are in Loss With numerous users getting their hands on Dogecoin, a question arises about how high DOGE can go in July-end 2023. Before we dive into our Dogecoin price prediction for July-end, let us take a brief look at Dogecoin’s history. A brief history of Dogecoin Developed in 2013 by Billy Markus as a lighthearted joke based on the “ doge ” meme, Dogecoin...

Dogecoin ’s network has been seeing increased traction of late. The total fees collected by the network from the users using its blockchain noted a substantial spike. As shown below, the current levels are at a 1-year high. The local peak created in November 2022 was quite close, but now, Dogecoin has managed to surpass it. According to date, the aggregate fee collected by the Dogecoin network has inclined by nearly 300% over the past week. On the 90-day window, the number stands much elevated at 707.69%. Source: IntoTheBlock Also Read: After ‘Doge’ Mention, Is Burger King Now ‘Making’ its Own Crypto? Alongside, it is interesting to note that $1 million to $10 million worth of Dogecoin transactions has also noted a rise over the past few weeks. Over the past 30 days, they have inclined by 282%, bringing to light the increased activity by large market participants. Alongside, the transaction count in the $100-$1k and $1k to $10k brackets have also risen in the same per...