Will dogecoin drop to $0.2 again?

[South Park]

People are realizing the game and they are no longer interested playing with Musk, with this current market it seems that it's closer
to hit that value again(OP's prediction)

Currently residing @ $.35, still lots of things are possible to happened, if there's no more interest and Musk itself won't take some
from his billions to move this coin again, expect that it will fall hard.

You have to take your decision according to how you fully recognized the risk.

What I do not understand is why people decided to play with him on the first place, I mean I know that he is popular and all but when it comes to your money it is silly to rely on someone else, create your own strategy and follow it, even if you fail you are going to learn a valuable lesson that will eventually allow you to become profitable, what did those that followed Musk learned about this? To not follow the advice of someone they do not know? That is something they should have known from the very beginning.

[jaberwock]

I've dumped all Dogecoin I hold before it dropped too much, and fortunately, I didn't lose too much on it. I think it's hard to pump dogecoin now as it's getting more issue because of Elon Musk.
Since bitcoin keeps getting down, many altcoins are being affected by it, and one of them is dogecoin. And I'm not sure, but I feel it will go down below $0.2

That's a good thing to do rather than keeping it and you will lose more over time. No more Elon Musk news, all of that is just hype, and now that his reputation is already destroyed, DOGE is likely to survive, so expect a dump and be realistic.

Invest in bitcoin instead, bitcoin will always recover even if it's dump pretty hard and everyone is investing in bitcoin as the king in the crypto market.

Agree. Elon Musk used to be loved by the crypto world because he kept on doing great things about it, he pumped dogecoin and made a lot of people rich, and he talked about how he liked bitcoin and tesla bought 1.5 billion dollars worth of bitcoin and tesla was accepting bitcoin payments for their cars, etc etc long story short he was helping the crypto world and increasing the prices of many different coins as well.

However now that he started a whole correction or even a crash people started to see him in a different light and everyone hates him. Which means that someone who is hated by crypto world won't be able to manipulate the crypto world that easily anymore, some people will still listen to him but when they realize he no longer can manipulate they will stop as well. Which is why bitcoin is a much better option right now.

[Oilacris]

I've dumped all Dogecoin I hold before it dropped too much, and fortunately, I didn't lose too much on it. I think it's hard to pump dogecoin now as it's getting more issue because of Elon Musk.
Since bitcoin keeps getting down, many altcoins are being affected by it, and one of them is dogecoin. And I'm not sure, but I feel it will go down below $0.2

That's a good thing to do rather than keeping it and you will lose more over time. No more Elon Musk news, all of that is just hype, and now that his reputation is already destroyed, DOGE is likely to survive, so expect a dump and be realistic.

Invest in bitcoin instead, bitcoin will always recover even if it's dump pretty hard and everyone is investing in bitcoin as the king in the crypto market.

Agree. Elon Musk used to be loved by the crypto world because he kept on doing great things about it, he pumped dogecoin and made a lot of people rich, and he talked about how he liked bitcoin and tesla bought 1.5 billion dollars worth of bitcoin and tesla was accepting bitcoin payments for their cars, etc etc long story short he was helping the crypto world and increasing the prices of many different coins as well.

However now that he started a whole correction or even a crash people started to see him in a different light and everyone hates him. Which means that someone who is hated by crypto world won't be able to manipulate the crypto world that easily anymore, some people will still listen to him but when they realize he no longer can manipulate they will stop as well. Which is why bitcoin is a much better option right now.

You would really be expecting those kind of reactions because once you do make yourself to be a bitter guy or making out some negative words towards bitcoin or in crypto then

the community would start out to hate you no matter how big your contribution is in past months or years and that would be easily be forgotten.

About asking if dogecoin will drop to 0.2 again then who knows but on the current price of it is sitting already on 0.33 which is not way too far off.

[South Park]

Agree. Elon Musk used to be loved by the crypto world because he kept on doing great things about it, he pumped dogecoin and made a lot of people rich, and he talked about how he liked bitcoin and tesla bought 1.5 billion dollars worth of bitcoin and tesla was accepting bitcoin payments for their cars, etc etc long story short he was helping the crypto world and increasing the prices of many different coins as well.

However now that he started a whole correction or even a crash people started to see him in a different light and everyone hates him. Which means that someone who is hated by crypto world won't be able to manipulate the crypto world that easily anymore, some people will still listen to him but when they realize he no longer can manipulate they will stop as well. Which is why bitcoin is a much better option right now.

It is incredible how things can change, it seems to me the only ones that are still supporting Musk are the ones that are heavily invested in dogecoin as they are hoping that the positive things he still says about dogecoin are going to be enough to bring back the market cap of dogecoin to is previous glory, but once they see this is not going to be the case and that they have lost a lot of money because of him then they will join the rest of the market on the dislike we have for Musk.

[Woodie]

Of course!

Dogecoin has been in the market for a very long time and it hadn't broken the 50 cent barrier not until Elon stepped up his game and seeing the damage he called to btc with his corrosive tweets, it would just take one bad tweet from him  because he is always tweeting and doge will be in icu fighting for its survival but am hoping it doesn't get to this.


If a 0.2 happens then market is out to get some cheap doge and sky rocket up again.

[freedomgo]

Another attempt to bring the bullish price of DOGE.

Exclusive: Dogecoin Developers Say They've Been Working with Elon Musk Since 2019

In brief
Elon Musk has been advising the developers behind Dogecoin since 2019.
The team of four core developers has welcomed his advice but declined the funding he offered.

That information if true tells us one thing, Elon as an adviser has an influence on DOGE and he will surely protect his investment by shilling on the  project. we should not listen to him anymore, he is getting bias here on his evaluation of the project.

[2double0]

Another attempt to bring the bullish price of DOGE.

Exclusive: Dogecoin Developers Say They've Been Working with Elon Musk Since 2019

In brief
Elon Musk has been advising the developers behind Dogecoin since 2019.
The team of four core developers has welcomed his advice but declined the funding he offered.

That information if true tells us one thing, Elon as an adviser has an influence on DOGE and he will surely protect his investment by shilling on the  project. we should not listen to him anymore, he is getting bias here on his evaluation of the project.

I think he has a very big portfolio in Doge and he is slowly moving out his funds in profit as, if he had been working with its devs since 2019, he may have bought Doge at $0.0015. He cannot dump it all at once, so he is shilling and bringing volume to Doge's markets to sell his dogecoins and make a very big profit from it. But as btc falls and alts follow, Doge didn't have anything special to keep it moving high. Even CZ joined Elon's army of shillers to shill about Doge.  

[feelideb]

When bear market begin properly and there is a cascade of prices of cryptocurrencies accross board $0.2 dogecoin will be like the most premium price dogecoin could ever be bought! The bear market in my opinion have not started and I hope there is a reversal in this bearish trend! Another factor to consider is Elon involvement in dogecoin! Will it be positive or negative in the long run? Only time will tell!

[freedomgo]

When bear market begin properly and there is a cascade of prices of cryptocurrencies accross board $0.2 dogecoin will be like the most premium price dogecoin could ever be bought! The bear market in my opinion have not started and I hope there is a reversal in this bearish trend! Another factor to consider is Elon involvement in dogecoin! Will it be positive or negative in the long run? Only time will tell!

But I'm sure it will be negative in the long run if Elon Keeps shilling or manipulating the market.
IMO, Doge will return to its old price, it will not survive this hype as eventually, the correction will come whether we like it or not.

We have an amazing bull run, hopefully, we make money from it already, but as I said, the correction will come, and the bear market will take over once again.

[wheelz1200]

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

Eventually yeah it definitely will touch back to $.20. But with the listing on coinbase coming I think it might have one last push in it before it inevitably retraces, it went to high too quick for it to be sustained this high.  People will start taking profits soon

[DOH!]

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

As the community lost faith and grew fed up with Elon, his tweets were no longer a treasure trove of creed.  Doge's value will drop very quickly.  Even in a temporary retracement, I think Doge will leave an even more colorful carpet.  The price will rise to the side of 0.3$ and the slider at 0.1$.  Although, other variations from the bulls could push in the other direction.

[affandi]

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

As the community lost faith and grew fed up with Elon, his tweets were no longer a treasure trove of creed.  Doge's value will drop very quickly.  Even in a temporary retracement, I think Doge will leave an even more colorful carpet.  The price will rise to the side of 0.3$ and the slider at 0.1$.  Although, other variations from the bulls could push in the other direction.

Investor confidence in Elon Musk's tweets may fade but investors continue to believe in Doge, so far the price of Doge is still stable at around $0.3, even though the market is currently unstable, especially Bitcoin, but Doge remains stable.

[no-ice-please]

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

As the community lost faith and grew fed up with Elon, his tweets were no longer a treasure trove of creed.  Doge's value will drop very quickly.  Even in a temporary retracement, I think Doge will leave an even more colorful carpet.  The price will rise to the side of 0.3$ and the slider at 0.1$.  Although, other variations from the bulls could push in the other direction.

Investor confidence in Elon Musk's tweets may fade but investors continue to believe in Doge, so far the price of Doge is still stable at around $0.3, even though the market is currently unstable, especially Bitcoin, but Doge remains stable.

It will fade a little, but not completely. He is too much of a relevant figure in the world that his word would lose any and all weight. He can turn into a global marketing machine for any cryptocurrency out there with all his businesses.

[manok jepang]

At this time the community in crypto has started to lose trust and is fed up with Elon Musk, because it has damaged the crypto market, it is proven that Elon's tweets are starting to be underestimated, and Dogecoin is slowly starting to go down, I sure if Elon Musk's influence starts to fade then Dogecoin will continue to decline to $0.2.

[South Park]

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

As the community lost faith and grew fed up with Elon, his tweets were no longer a treasure trove of creed.  Doge's value will drop very quickly.  Even in a temporary retracement, I think Doge will leave an even more colorful carpet.  The price will rise to the side of 0.3$ and the slider at 0.1$.  Although, other variations from the bulls could push in the other direction.

One thing I find fascinating is how Musk went from the hero to the villain and then to be completely ignored, I find incredible how can someone waste all the enthusiasm and good faith that people had in him, but anyway right now the price of dogecoin is very close to 0.4 dollars for each coin, and even if this is probably feeding the hopes of those that invested in dogecoin that we could see an even more important recovery I do not think this is going to be the case.

[ChaoChibai]

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

Well if you look at the chart now, dogecoin price is above $0.2.
Today, the price of dogecoin is $0.36. I don't think the price will go up like rockets but maybe it is the good sign for dogecoin investors to gaim profit.

[conected]

At this time the community in crypto has started to lose trust and is fed up with Elon Musk, because it has damaged the crypto market, it is proven that Elon's tweets are starting to be underestimated, and Dogecoin is slowly starting to go down, I sure if Elon Musk's influence starts to fade then Dogecoin will continue to decline to $0.2.

- The essence of the story wouldn't have been tragic if Elon Musk hadn't tried to show that dogecoin could replace bitcoin, theoretical text messages wouldn't be too convincing but his act of removing bitcoins was a mistake, his power to convince people also started to dwindle from that point on, dogecoin and those who trust him are also strangled. Above all, Elon Musk is also treating dogecoin coldly, maybe when such negative emotions gather and explode, many investors will try to liquidate dogecoin and no miracle will stop this price drop

[Smitty Werben Man Jensen]

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

it could happen, because Dogecoin is a pump and dump coin,
because volatility in the crypto currency world is very high, so I can say something like this, yes Doge could return to $0.2.
and it could even go down again, so don't be greedy if you get it. profit sell and enjoy with family or friends

[newwest]

I don't think this will happen anytime soon, because at the moment the price is still holding at 0.3$ when the price of bitcoin is in a period of decline and I am sure with the support of a very influential party in the crypto world today then the doge coin will reach its highest value this year until it reaches $1,we just wait after the event at coinbase on June 11, will the coin doge will again increase.

It is also having some roller coaster ride currently between 0.3 - 0.4 $ and could shift to any side soon. Though chances of the rise in coming time is strong then the selling pressure, and one big news of Doge coin could chance the game for them and might reach new highs in coming times as well.

[Handsome Boy]

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

Of course, because every high increase there will be a decrease as well, so I'm sure if the price of Doge can reach $0.2 especially at this time market conditions are correcting, so of course it will affect for the price of Doge to correction too, so it's not impossible if the price of Doge could reach $0.2 again if market conditions have not improved.