Elon musk has too much influence on the coin. I think I'll buy more dogecoin when next he makes his famous positive tweet about the coin. Price movement due to his speculation is just too much
That is if he will still make a tweet but I believe he won't do that anymore because there are now people that are seriously angry with him that they want to sue Elon for too much of manipulating the coin and there are also news that totally damaged the reputation of dogecoin, saying that the coin is heavily used by criminals on difference illegal activities.
There is too much controversy now going for this coin and to the man behind it which is Elon and not the founder of doge because I think that he didn't do anything wrong here. There will be another bull run but dogecoin isn't invited for it anymore sorry. So for those who still want to attempt buying this coin, buy at your own risk. You've been warned.