Interesting price action. Keeping an eye on this. Recovered very quickly from the dump, but some small 200+ BTC buy walls were very temporarily put up and removed after the dump.

https://i.gyazo.com/11fa9892992670bc10a44e15d58ad494.png

let's not forget the market manipulation going on here. For the future "investors" that are coming to this thread, wanting to learn more about NAV, keep in mind that this happens several times every week.

The whales come, pump the coin, putting up fake buy walls of several hundred BTC.

They take their profits, remove the walls ("fake") and leave the bagholders helplessly trying to pump the coin to make their money back.

NAV is worthless.

Nobody wants anything to do with this coin other than the pumpers that come and go, making more bagholders each time that create the false sense of support for the coin.

The likelihood of DOGE moving substantially (+/- 20%) is unlikely, at least on the large exchanges where there is volume (sure, you can probably move DOGE on YoBit by buying the non-existent sell wall to 100 sats, but you're better off using a liquid exchange like Poloniex).

The order book is very strong on both sides, so unless there is news (which is unlikely for an alt like DOGE that has been stagnant) or a pump (again, a pump on DOGE wouldn't be rational for the pumper as it's difficult to move the price, compared to a coin like XST/BLOCK where the sell side is weak and the coin can do +100% easily) it is unlikely.

It's about time those (fake) buy walls are gone.

Now we wait for the victims of market manipulation to either 1) sell on impulse, or 2) become bagholders and pump the coin in the trollbox/bitcointalk.