Dogecoin is dropping. Will dogecoin drop to $0.2 again?
The current price is $0.2, even I predict the price will drop much lower than that price. Because Dogecoin lover Elon Musk is not committed to what he says. Even today he is back talking about Bitcoin. How he created a new issue about Dogecoin, because most investors understand his game.
Agree, i think the same as you. Dogecoin price will drop in the future, even tough they have big comunity to support this coin i don't think coin without working product can keep rising and become stable coin. For me, dogecoin only pure hype and most of us has being smarter and don't wanna follow this Elclown musk anymore.
Big community and Elon Musk shouldn't allow dogecoin to go any further down. Though anything can happen, I have no assurance. Even though it is hard to read people's minds, the inevitable crash may turn off a lot of potential investors, and we can anticipate the situation when the bubble bursts. Doge isn't backed by anything, although most have aa expensive bag of Doge.