Post
Topic
Board Speculation (Altcoins)
Re: Will dogecoin drop to $0.2 again?
by
wmaurik
on 20/09/2021, 14:17:47 UTC
In fact it's happened often, after the correction occurs the crypto market will show a positive trend. A smart trader who sees an opportunity will take advantage of the opportunity for a correction to get a coin at a low price and will resell it when the positive trend is back. To get maximum results, traders will usually buy some coin that have high capitalization, while for dogecoin, it would be very difficult to increase again as it had been a while ago, if that happens it will take a very long time.
Dogecoin will only rise when market conditions have completely recovered completely or 100%, because Dogecoin is a meme coin that has a lot of supply so that when some investors have dumped it in the market it will be very visible and felt in the price even though the capitalization is high in the stock exchange.