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Author Topic: Will dogecoin drop to $0.2 again?  (Read 4225 times)
LittlePrinceCat (OP)
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May 09, 2021, 12:07:08 PM
 #1

Dogecoin is dropping. Will dogecoin drop to $0.2 again?
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May 09, 2021, 12:35:07 PM
 #2

It could dropped more than $0.2, even $0.1 since SNL Elon has ended and there is no any sign of pump again from him. The price could dropped more if bitcoin price also got dump, so the question is, how much did you bought doge?
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May 09, 2021, 02:36:23 PM
 #3

I think so its like a forex news, if the expecation didnt meet the actual event price will drop hard.
Many people will say its a correction, but isnt it possible if theres no way to rise back again.
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May 09, 2021, 02:56:59 PM
 #4

I think so its like a forex news, if the expecation didnt meet the actual event price will drop hard.
Many people will say its a correction, but isnt it possible if theres no way to rise back again.
Then nobody in my homeland dare to buy Dogecoin.
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May 09, 2021, 03:42:06 PM
 #5

Seeing some bleeding happening in doge but only thing how long will it last, pump will happen and in some or other way do expect some thing to come up from Elon about doge and will give the boost to coin. So just in a phase of accumulation  on every 10% fall time to buy. Put a capital aside and accumulate on each drop.

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May 09, 2021, 03:57:08 PM
 #6

Dogecoin is dropping. Will dogecoin drop to $0.2 again?
Perhaps the worst price of Dogecoin could fall below $ 0.2 but it is still far away for the current price if Elon Musk surprises again at its tweed it is likely that the price will come back up even more expensive because the surge so high cannot be separated from the Elon Musk which has made the price rise until So far $ 1 will be a target for those who patiently wait for the price to rise again, in the end, making investors more profitable.


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May 09, 2021, 04:39:00 PM
 #7

Dogecoin is dropping. Will dogecoin drop to $0.2 again?

While major cryptocurrency like bitcoin are known to be volatile, they aren't quite as unpredictable as the dogecoin. This is a whole new level of crazy.

I'm talking about more than a 30% drop in dogecoin's value, and a halving in its valuation from almost $90 billion to $60 billion in just the last day. Just like with bitcoin, this is probably the result of a mix of factors, but one of them is probably the speculation by its holders and disappointment with recent news. The most exciting news is that a prominent figure has come forward to called it a "hustle" during his guest-host spot on the SNL comedy sketch TV show.

Will dogecoin drop to $0.2 again? It's actually really hard to say at this point. In my opinion, yes.
There is no way dogecoin can sustain itself at its current value forever. Its value will drop from $ 0.5 to $ 0.2 and even lower in the very near future.

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May 09, 2021, 04:48:20 PM
 #8

Dogecoin is dropping. Will dogecoin drop to $0.2 again?
It may dump to the $0.2 and it may not but the speedily dump in the price of the coin what will always happen to every hype base coin cause the big player will always manipulate the price to enrich their pouch and if you're one of the coin investors I will advise you hold or sell to cut losses.
But i still dont understand why some peoplw will never wake up to the fact about the coin.

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May 09, 2021, 04:49:59 PM
 #9

It is more likely that DOGE will drop to as low as $ 0.2, $ 0.1, $ 0.06 and possibly lower. Apparently, DOGE is being manipulated by the Big boys. If one day Elon Musk turns his attention to another cryptocurrency instead of DOGE, then this project will be the end. DOGE's intrinsic value is not stable and is influenced by external factors. How the price increases, then reduce the price like that. Bitcoin has fallen in price to the $ 3000 - $ 4000 zone so DOGE could drop even lower.
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May 09, 2021, 05:08:45 PM
 #10

Dogecoin is dropping. Will dogecoin drop to $0.2 again?
its possible mate because it seems most of the big hodler dumping their doge as well.. I don't know if this because of the news that elon's don't like the color yellow "wherein the color of doge" reason why doge on this point is going down. Actually for me seems nonsense maybe there's another reason for the drop and tbh i don't think that it can cause alot especially on the current price of doge. For me its either just a fuds trying to make changes in the price since there's no specific information about the situation..if i were you mate try to search elon musk if you are hoderl of doge maybe you can get some information..
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May 09, 2021, 05:17:22 PM
 #11

Dogecoin is dropping. Will dogecoin drop to $0.2 again?
That is always a possibility, dogecoin has experienced a drop larger than 30% on the last 24 hours and this was to be expected, we have been warning people that dogecoin was in a bubble and there was no fundamental reason for its increase in price, but people do not want to listen, they thought they could earn some easy money with the coin and now they are paying the consequences, and a price of 0.2 dollars for each dogecoin seems realistic to me especially if people begin to panic.

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May 09, 2021, 05:37:51 PM
 #12

Dogecoin is dropping. Will dogecoin drop to $0.2 again?
That is always a possibility, dogecoin has experienced a drop larger than 30% on the last 24 hours and this was to be expected, we have been warning people that dogecoin was in a bubble and there was no fundamental reason for its increase in price, but people do not want to listen, they thought they could earn some easy money with the coin and now they are paying the consequences, and a price of 0.2 dollars for each dogecoin seems realistic to me especially if people begin to panic.
I think the reason why many people kept on hoping that dogecoin would continually do better is because of Elon Musk's advertisment. Little do they know that the bubble may pop out anytime and the value may drop hard all of a sudden. There's nothing wrong on deciding to trust a certain coin, the only problem is when the coin you are supporting is obviously going to fail but you have been blinded by its popularity and achievements and you keep up with that routine. Be smart upon observing, you might experience the worst or the best with your decision making.
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May 09, 2021, 05:44:14 PM
 #13

Dogecoin is dropping. Will dogecoin drop to $0.2 again?
To answer this question, it is very tricky. Elon may indeed say something that makes Doge's price drop, but even so, he still has the ability to pump again whenever the time is profitable, so let's see in the future, if this will still go down or he changes his mind.

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May 09, 2021, 05:50:11 PM
 #14

I predict the price will be below 0.2 and even return to the average price $0.01 next year.
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May 09, 2021, 06:08:19 PM
 #15

I think so its like a forex news, if the expecation didnt meet the actual event price will drop hard.
Many people will say its a correction, but isnt it possible if theres no way to rise back again.
Then nobody in my homeland dare to buy Dogecoin.

They must be well educated, here many people are frequently trapped in money game or ponzi scam.
Even some of them still believed in Magic to earn money.

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May 09, 2021, 06:28:51 PM
 #16

Dogecoin is dropping. Will dogecoin drop to $0.2 again?
To answer this question, it is very tricky. Elon may indeed say something that makes Doge's price drop, but even so, he still has the ability to pump again whenever the time is profitable, so let's see in the future, if this will still go down or he changes his mind.
I like your answer. the rise in DOGE prices arises because of influencers. not because Doge developed renewable blockchain technology such as ETH or BNB. So DOGE's future already depends on Elon Musk's Tweet's
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May 09, 2021, 06:45:08 PM
 #17

Dogecoin is dropping. Will dogecoin drop to $0.2 again?
No!! With my heart, this is the worst. I don't hope it happens. Right now, those are sore kicks coming from Doge, me and my friend bought Doge at the first long candle, at $ 0.62 but it doesn't seem to have any resistance against, everything. slipped away really fast until I realized it. I think it won't be late if I keep holding it and hoping it comes back .. Cry

I think so its like a forex news, if the expecation didnt meet the actual event price will drop hard.
Many people will say its a correction, but isnt it possible if theres no way to rise back again.
I heard people say, something was deployed coming out of Elon's machine, I still don't know how it came about? Will he abandon Doge or will he take it more aggressively with new tweets?
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May 09, 2021, 07:28:56 PM
 #18

Dogecoin is dropping. Will dogecoin drop to $0.2 again?

Buy the Rumor, Sell the News - whoever follow this , sure to be on profits. On the other hand, dogecoin is now pumping based on Elon Musk's event and spacex just retweet something which might pump dogecoin again. But it's upto others for taking the decision whether you want to buy it or not. But anyone should buy dogecoin for short term trading, not for long term hodlings.

Also take a look into this: https://www.prnewswire.com/news-releases/spacex-to-launch-doge-1-to-the-moon-301287016.html

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May 09, 2021, 07:32:35 PM
 #19

Dogecoin is dropping. Will dogecoin drop to $0.2 again?
It can be possible. But if we see some influencers talk about Dogecoin again or maybe Elon talk about it again, we will see price will be bounced. But with that, we can see there are someone who want to play with dogecoin price and only want people to jump into dump and pump scheme of it.

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Raflesia
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_""""Duelbits""""_


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May 09, 2021, 07:51:24 PM
 #20

Have started to panic when the decline occurred in the last 24 hours. Are you sure about this drastic decrease? I think there will still be a lot of people who partly believe the doge that still persists but we will see how it gets better again?
Doge is always thrilling there is always controversy faced where many people advise that doge is not a coin with a definite purpose but the doge behind has Elon Musk who still believes in this.
For this, it will remain in the future. What is clear, do not panic.

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