It is true that dogecoin could be the demise of many smaller level coins and even the cause of a crypto crash. People do not realize this but there is no future to dogecoin, sure it was fun while it lasted but buying a coin just because some rich person suggested and joked about it plus it was funny to be doing something as a whole community is not a good enough reason to keep a coin high.

Doge will be gone soon, it will be out of top 20 and by that time the price will crash, which will result with many people losing money and then the crypto market to have a crash as well. Crypto market will eventually recover but why would we have such a thing just because some people wanted to make profit on some joke coin.