With 2024 already nearing the end of its first quarter, it has been particularly generous to the cryptocurrency market, including Dogecoin (DOGE), and investors are wondering if they should have bought into the popular dog-themed meme coin back in January.
As it happens, they should have, as it would have brought them substantial profits. Specifically, under the confluence of various positive factors, Dogecoin has gained over 90% to its price since the year’s start, increasing from $0.08947 on January 1 to the current $0.17088 as of March 12.
Successful year
Specifically, DOGE has made several notable jumps in 2024, starting with surpassing the first major resistance and psychological price mark at $0.10 in late February, after which it continued its steady path upward, which culminated at $0.20 on March 5, before consolidating in the $0.17 area.
These gains have coincided with the overall bullish sentiment in the crypto sector but also followed the positive developments
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