Yes, the price of Doge Coin has really gone down, but this does not mean that it will not grow again. The most amazing thing is that now anything can happen, the prices of cryptocurrencies can go up madly, then plummet and go up again. Many crypto people will say different words, both good and bad, about cryptocurrencies and BTC, but it all comes down to one thing now everyone wants to make money on cryptocurrencies and many succeed, especially those who know how to wait and believe in the best. If you have the opportunity, then try to hold both Doge Coin and BTC, since at any moment the prices for these coins can fly into space, but also remember the risks, as prices cannot rise without them falling.
It went down to a little under $0.50 but now it's back there. May take a while to get back to $0.60 too, but even if it doesn't $0.50 is remarkable no matter what. Just believing won't bring you far in crypto trading, you should surely understand what you are holding and why you are holding it. In the case of Dogecoin all hope is put on Musks shoulders as it seems. He is considered the savior for now.