Will dogecoin drop to $0.2 again?

[reza7777]

What you think in May has happened now and maybe after this there will be a lower price drop, so it is very interesting for holders who still believe in this bullshit coin

[Helpme_please]

What you think in May has happened now and maybe after this there will be a lower price drop, so it is very interesting for holders who still believe in this bullshit coin

if they buy and hold it at peak ofcourse they lose alot  ,maybe their assets value only 50% left even more maybe less. Moon boys from this dogecoin looks like already gone now and come to other project that ready to pump . I am curious that will elon do with current price , will he shill doge in his twiter account again or maybe let it die.

[BigBos]

What you think in May has happened now and maybe after this there will be a lower price drop, so it is very interesting for holders who still believe in this bullshit coin

even now, the price of doge is below $0.2, and most likely, if there is another decline, the price of doge may be below $0.1. but, I think, because this coin is backed by Elon Musk, if the price of the coin is below $0.1, then a lot of people will probably buy it. however, nowadays meme coin is still very popular, especially dogecoin.

[newwest]

Doge is now at 0.187 $ and with btc declining all other coins are following the same. This is currently the bear market and awaiting for some bullish or pumping news which helps the markets to recover form this fall. Elon has being quite from some time now, is anything in pipeline to boost back the doge again from his side?

[BitTraderCute]

Doge is now at 0.187 $ and with btc declining all other coins are following the same. This is currently the bear market and awaiting for some bullish or pumping news which helps the markets to recover form this fall. Elon has being quite from some time now, is anything in pipeline to boost back the doge again from his side?

Elon have been satisfied with all thing he done in market, he was trying manipulate doge coin price by create tweet and unfortunately its successfull. if we look current doge coin price its very sad, alot traders trapped in peak when elon regularly shilled it. Personally it could move below $0,1 again it bitcoin still continue its drop. No one could help doge coin price except bitcoin price recovery.

[DU18]

Doge is now at 0.187 $ and with btc declining all other coins are following the same. This is currently the bear market and awaiting for some bullish or pumping news which helps the markets to recover form this fall. Elon has being quite from some time now, is anything in pipeline to boost back the doge again from his side?

Currently Elon Musk has lost his influence in the market, and as evidenced by the decline in the price of Dogecoin which used to rise quite high just because of the speculations made by Elon Musk on his Twitter, after Elon Musk switched to Baby Doge, I think we will see if the price of Dogecoin back fall and maybe the price of Dogecoin will return to its lowest price so far, as I have said all this time, if the Elon Musk era ends, then the Dogecoin era will end too .

[Slow death]

Currently Elon Musk has lost his influence in the market, and as evidenced by the decline in the price of Dogecoin which used to rise quite high just because of the speculations made by Elon Musk on his Twitter...

I wouldn't be so sure that elon musk has no more influence on dogecoin, see the news a few days ago:

JUL 01, 2021:

Elon Musk's latest attempt to pump Dogecoin fails miserably

Dogecoin (DOGE) prices surged but did not skyrocket after receiving another endorsement from Tesla CEO Elon Musk on Twitter on July 1.

Seconds after the tweet was posted, the DOGE/USD exchange rate surged from $0.24 to $0.261 — about 8.42%. A sell-off followed suit, which took the pair as low as $0.247. Just then, at 9:24 am UTC, Musk tweeted another gibbering message that read "Baby Doge, doo, doo, doo, doo, doo, Baby Doge, doo, doo, doo, doo, doo, Baby Doge, doo, doo, doo, doo, doo, Baby Doge."

DOGE/USD rose 5.22% to $0.260 after the second tweet.

he manages to influence the price of Doge and recently had this other news:

JUL 09, 2021:

Dogecoin gains 8% after Elon Musk says DOGE payments compete with Bitcoin, Ethereum

i think there are people who are all day waiting for elon musk to do some twitter about doge and immediately these people buy dogecoin, and also where are the authorities to stop him from doing this kind of market manipulation?

[Tessnik]

Elon musk thinks the cryptocurrency market is a one-man show that is why he was doing everything possible to promote the dogecoin market to the point of wanting dogecoin to overtake Bitcoin, I believe by now he has learned his lesson saying how dependant dogecoin is on bitcoin. As dogecoin is around $0.19 as the entire crypto market is on a downtrend mode.

[imamusma]

Currently Elon Musk has lost his influence in the market, and as evidenced by the decline in the price of Dogecoin which used to rise quite high just because of the speculations made by Elon Musk on his Twitter, after Elon Musk switched to Baby Doge, I think we will see if the price of Dogecoin back fall and maybe the price of Dogecoin will return to its lowest price so far, as I have said all this time, if the Elon Musk era ends, then the Dogecoin era will end too .

Elon Musk is only creating hype for a while on Dogecoin so that he can feel a lot of profit and also see how much influence he has in the crypto space so that he can choose another meme coin to make the same thing that happened to Dogecoin, because Dogecoin is a very old coin in the crypto space and there is nothing wrong with Dogecoin even if the coin is for memes.

[Slow death]

Elon musk thinks the cryptocurrency market is a one-man show that is why he was doing everything possible to promote the dogecoin market to the point of wanting dogecoin to overtake Bitcoin,

from which I can understand he is a person who wants to change the way bitcoin and, he must have realized he couldn't, so to achieve bitcoin he started using dogecoin and doing twitter about how bitcoin mining is something dangerous, and of course people love pump and dump are buying dogecoin whenever elon musk does twitter. but this kind of thing is not forever, there will come a time when the influence of elon musk will have a 0% effect on the market

I believe by now he has learned his lesson saying how dependant dogecoin is on bitcoin.

 

he should have been aware from the beginning and that it would be useless to make dogecoin surpass bitcoin

[Pamadar]

Currently Elon Musk has lost his influence in the market, and as evidenced by the decline in the price of Dogecoin which used to rise quite high just because of the speculations made by Elon Musk on his Twitter, after Elon Musk switched to Baby Doge, I think we will see if the price of Dogecoin back fall and maybe the price of Dogecoin will return to its lowest price so far, as I have said all this time, if the Elon Musk era ends, then the Dogecoin era will end too .

Elon Musk is only creating hype for a while on Dogecoin so that he can feel a lot of profit and also see how much influence he has in the crypto space so that he can choose another meme coin to make the same thing that happened to Dogecoin, because Dogecoin is a very old coin in the crypto space and there is nothing wrong with Dogecoin even if the coin is for memes.

With how we seen those reactions from the market, Musk is enjoying rinsing every single penny that he can get.

5%-10% rise is more enough if he puts millions of dollar on it and wait for those poor followers to buy and try to ride with him, small pump
is good enough to collect free money from people who are too lazy not to study the market first and keep rushing to fomos with what Musk is
trying to play with his social media accounts.

[Mahdirakib]

<snip>
i think there are people who are all day waiting for elon musk to do some twitter about doge and immediately these people buy dogecoin, and also where are the authorities to stop him from doing this kind of market manipulation?

What should authorities do here? File a case against him for doing these kind of activity or warn him to stop doing it? Actually it won't make any difference until the investors gain enough maturity. Lots of people made nice profit for the dogecoin pump. It was unexpected pump and got pretty good attention widely. As a result, a small part of new investors still following Elon Musk tweet. While most of the old investors doesn't care about it anymore. Doge price may go down more from the current point.

[Maslate]

<snip>
i think there are people who are all day waiting for elon musk to do some twitter about doge and immediately these people buy dogecoin, and also where are the authorities to stop him from doing this kind of market manipulation?

What should authorities do here? File a case against him for doing these kind of activity or warn him to stop doing it? Actually it won't make any difference until the investors gain enough maturity. Lots of people made nice profit for the dogecoin pump. It was unexpected pump and got pretty good attention widely. As a result, a small part of new investors still following Elon Musk tweet. While most of the old investors doesn't care about it anymore. Doge price may go down more from the current point.

The question is, has anyone been jailed for market manipulation in crypto?

I think there's no law about that yet and market manipulation is not new in the crypto space, the reason why the market is so volatile.
Elon is a billionaire, let's assume he has a lot of lawyers, so he is sure himself that he will not do stupid things that will face him to legal liability in the future. If McAfee for an obvious market manipulation during 2017, for sure nothing will also happen with Elon Musk.

[LUCKMCFLY]

I think that now DOGE is very close to falling below the point of 0.2USD, we have to wait to see how everything continues to develop since the market has some volatility, Elon Musk has not done anything to keep the price higher, no I know if the price of BTC if it goes up it will rebound, but the bulls are suffering to keep the price level above 0.21USD:

However, the $0.15 level has held on two previous occasions, hence the bulls may again try to defend it aggressively. A strong bounce off it could push the price to the overhead resistance at $0.21. A breakout and close above the 20-day EMA ($0.23) will signal that bulls are trying to make a comeback.

Source: https://cointelegraph.com/news/price-analysis-7-14-btc-eth-bnb-ada-xrp-doge-dot-uni-bch-ltc

Doge has taken on a lot of community since Elon Musk is the one who is driving it, I think people are influenced most of the time, but since he has not given a good tweet again, his popularity is falling.

[rodskee]

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

2 months after you asked this question and now here we are

>>>>>  https://coinmarketcap.com/currencies/dogecoin/

Valuing 19 cents to be exact.

Imagine from this Hype to price now?



it is almost 70% drops from the ATH in which much lower than what Bitcoin and Ethereum fall since the All Time High.



All Time High
May 08, 2021 (2 months ago)   $0.7376 >>>>>>>>>>>>>> from this


now at 19 cents , what a drop.

[Mr.Scott]

The crash is inevitable. Shit coin like dogecoin will be pulled down with no mercy, so be prepared all uncertainties that happens. There's a time to be a bull and Doge hyped but now a time to be a bear. Now, Dogecoin is under 20 cents but this is just beginning.

[bitterguy28]

The crash is inevitable. Shit coin like dogecoin will be pulled down with no mercy, so be prepared all uncertainties that happens. There's a time to be a bull and Doge hyped but now a time to be a bear. Now, Dogecoin is under 20 cents but this is just beginning.

At least all Dogecon supporters had already take their earnings from the bubble happened recently.

Look at the price graph in which dogecoin is one of the highest performing coins this year so i think dumping is just a part of the plan from the manipulators .

[monineklutak]

The crash is inevitable. Shit coin like dogecoin will be pulled down with no mercy, so be prepared all uncertainties that happens. There's a time to be a bull and Doge hyped but now a time to be a bear. Now, Dogecoin is under 20 cents but this is just beginning.

We'll just see the development of this Dogecoin whether it really will fall in the future,
but if it's true later it will become a bear I think it's quite difficult to get back up,
what is clear is that it takes a lot of time or will not even be able to and for now it's better to just follow the development and movement of dogecoin

[btc78]

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

it is now and continuously dropping almost falling to 18 cents now >>>   https://coinmarketcap.com/currencies/dogecoin/

Dogecoin seemingly experiencing the real thing and Elon Musk is sounding like will dumping this coin and that is the main reason why this coin is now out of trending and falling the rank slower.

The crash is inevitable. Shit coin like dogecoin will be pulled down with no mercy, so be prepared all uncertainties that happens. There's a time to be a bull and Doge hyped but now a time to be a bear. Now, Dogecoin is under 20 cents but this is just beginning.

Sad but true , Dogecoin is a shit one that only acquire popularity but of course this will not last for long.

[BitTraderCute]

The crash is inevitable. Shit coin like dogecoin will be pulled down with no mercy, so be prepared all uncertainties that happens. There's a time to be a bull and Doge hyped but now a time to be a bear. Now, Dogecoin is under 20 cents but this is just beginning.

this is still early of doge coin downtrend , no one shilling again except doge coin moonboys. there are alot potential coins another dogecoin and we should be realistice facing this bearish market. Alot alternative project that should give us profits if we courage to move our fund into this project. Just forget dogecoin and move forward to major coins or other potential projects.