Look at the graph and tell us what happened at the last reward halving.
The hope for doge lies in it community and if it will stay alive during this month of china madness it will recover.
Well, I don't need to look at the past graph to know that Doge is still actively inflating, and I don't need to look at the past graph to know that each next halving is sort of ladder step after which inflating subsides. And inflating always means lower prices of the asset. Naturally, with each subside of inflating the price should gradually stabilize and as demand picks up or even stays the same as now, the price will have to grow to reach equilibrium with diminished new supply. That's laws of economics and laws of price discovery for anything in the world.
Community - yes, undoubtedly, community is what is driving demand. And I was talking about supply related to halvings. Or is it halvenings?