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Benzinga takes a look at how Dogecoin DOGE/USD, the beloved meme-inspired cryptocurrency, has performed following the last Bitcoin Halving.
What Happened: The last Halving occurred four years ago on May 11, 2020, when Bitcoin was trading at around $9,700, and Dogecoin was priced at $0.002611. Since then, both Bitcoin and Dogecoin have seen impressive price surges of 610% and 7,185%, respectively.
In the two months following the Halving event, both Bitcoin and Dogecoin experienced price declines. However, from June to July 2020, Dogecoin’s price surged by 40% while Bitcoin continued its downward trend. In the subsequent month, from July to August, Bitcoin saw a 27% increase, while…
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