#dogs

Here is what may affect Dogecoin in the near future:

* Overall market trend: If the entire cryptocurrency market is rising (for example, due to news about Bitcoin or Ethereum), Dogecoin is likely to rise as well. Conversely, a downturn in the market will pull it down.

* Social networks and media: Dogecoin is heavily dependent on hype and attention in social networks, especially from Elon Musk. One of his tweets can either raise or lower the price.

* Project development: Although Dogecoin was conceived as a joke, the development team is working on its improvement. Any news about new features or partnerships can positively influence its value.