If I'm correct, it's almost the same thing with bitcoin? It reached 0.01$ once but since then, its price is decreasing.
Low demand + unlimited and huge supply. It will always go down as long as these two conditions hold.
The demand is low because it is not something unique or has something interesting. (other than being a meme coin)
^ Definitely right, I am correct, dogecoin has a 123 billion in the market and probably it loses the interest of investors to hold this coin.
But I do not have doubt that dogecoin will back in rocketing soon, it is listed on a couple of high profile crypto exchanges. But when this dogecoin will successfully listed on Binance next month by July of this year, I am sure it will boosted again the price. Nevertheless, it is hard for us to give an accurate forecast of these predictions will hold water. Keep believing, probably there will be a resistance of dominance in doge.