I think so its like a forex news, if the expecation didnt meet the actual event price will drop hard.
Many people will say its a correction, but isnt it possible if theres no way to rise back again.
Then nobody in my homeland dare to buy Dogecoin.
They must be well educated, here many people are frequently trapped in money game or ponzi scam.
Even some of them still believed in Magic to earn money.
As of now dogecoin is on its glorious days. It can move high as well fall low to unexpected level. Such kind of market manipulation is possible with dogecoin. Right now there is more giveaway and airdrops in the name of dogecoin. Some has started multiplier schemes aa well, so every dogecoin holders need to be secure without falling as prey for these kind of cheats