Will dogecoin drop to $0.2 again?

[Gheka]

It is very hard to guess Dogecoin's price movements under heavy speculation. But when you think with clear mind you will realize Dogecoin is really overpriced. It doesn't deserve to be 4th rank coin in the market. So 0.2 is fair price for it. I even think its still to high and Doge will drop furthermore to under top 10. This is my guess.

Rankings are no longer important, the people's urge here was not ranking, it was the value of the dogecoin, too many passengers filling their suitcases with a large number of dogecoin, holding absolute and wait for a really high price, even when they are awake, they persist in the hype created by the product, they love to be part of the ship. I wonder if whales want this ship to fly high or they will sink a lot of passengers into the dark ocean, if they want to, lower than $0.2 is very common.

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[concept2]

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

Elon has just blatantly speak about Doge on the show. But sharks take the advantage to dump doge coin very hard. By now, Elon Musk must have accumulated a huge number of doge. Be careful. He once said that Doge is not centralized enough.

[NorvsGanda]

If that will happen, a lot of people will lost their income but a lot of people also eill benefit from that dump. I am seeing some people who are patiently waiting for doge to dump so that they can finally all in their assets and buy doge in a dump market price.

[Johnyz]

The bull run is still here, so the hype is still here.

However, I think DOGE has achieved a lot this year makes it overvalued, so even if it will still rise and reach $1, I still think it will drop 0.2 USD or even lower. DOGE and other altcoins with no real fundamentals will not grow in bear season, and we should expect that.

I think the hype on DOGE is still here but it doesn’t enough to pump the price that much again, maybe DOGE will become stable for now. The focus of many right now is on SHIBA, they said its DOGE killer and maybe that’s why the price of DOGE is down today, because the scalpers shift to SHIBA to join the hype. $.2 is possible again when the market up trend ends, so watch out.

[Shasha80]

If that will happen, a lot of people will lost their income but a lot of people also eill benefit from that dump. I am seeing some people who are patiently waiting for doge to dump so that they can finally all in their assets and buy doge in a dump market price.

If you look at the current price of Dogecoin which continues to decline, it seems likely that the Dogecoin price will fall back to the price of $ 0.2 again.
Maybe when Dogecoin hit the ATH price of $ 0.7, many holders took profit, and therefore the Dogecoin price now fell to a price of $ 0.4. I agree with
you, there are still many investors who are waiting for the price of Dogecoin to fall, in order to buy Dogecoin at a low price. Because many people
know Dogecoin will rise again as long as it still has the support of Elon Musk.

[bussybuddy]

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

This coin is out of interest for me, but I see many people still stuck with their investment in it. In general, doge coin is the best testament to the present time if you are not satisfied with what it has been achieved by the hype from influential individuals around the world.

[adaseb]

It will drop to $0.20 for sure but the question is when. It can easily go to $1 or $2 or even $5 and eventually it will drop to $0.20 however we don't know when the hype will end. When it went to like $0.10 earlier this year we assumed it was the top but it kept going higher and higher and higher and by the looks of it it can go over $1 even.

The issue is with the miner supply entering the market every month. Currently you would need over $500,000,000 worth of buying to equal just the newly mined coins and I am pretty sure miners are 100% not hodling their Doge.

So it will go down but the question is when...

[CryptoYar]

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

I don't think Dogecoin will fall to $0.2 because some people who have bought expensive will like to hold it. And some will hold with the hope of Elon's tweet.

But if somehow it dumps even more I wouldn't be surprised Since there is no use case then who gonna buy it. Of course, profit makers, and when their profit is made, they will sell it... Just like Elon Musk. Think twice before investing in dogecoin .

[electronicash]

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

I don't think Dogecoin will fall to $0.2 because some people who have bought expensive will like to hold it. And some will hold with the hope of Elon's tweet.

But if somehow it dumps even more I wouldn't be surprised Since there is no use case then who gonna buy it. Of course, profit makers, and when their profit is made, they will sell it... Just like Elon Musk. Think twice before investing in dogecoin .

it sounds really funny when he says that warning because he just shills the dogecoin like John McAfee but ends up saying be careful investing. dogecoin though had just become one of the most searched coin on google that is why it could really go high soon after this dip.

Elon is a figure that can influence just about anything in the world. the show is to make people be interested in knowing "what is dogecoin."  the question wasn't answered directly by Elon buy it makes people search what is dogecoin.

[LUCKMCFLY]

I think that if they reach 0.2usd it is likely, but what should be seen is that it has a somewhat bearish short-term trend, however I do not think that Doge fans will abandon their currency, also Elon Musk I do not think that he will launch a tweet right now due to the enormous uncertainty that exists in the market with BTC.

This analysis proves it:

if the bears sink the price below the 20-day EMA. if that happens, the pair could drop to the 61.8% Fibonacci retracement level at $0.38

Source: https://cointelegraph.com/news/price-analysis-5-10-btc-eth-bnb-doge-xrp-ada-dot-bch-ltc-link

[ancafe]

for now, it doesn't seem like there is any sign of that. however, I am pretty sure the price will come back below that price. Well, that happens when Elon Musk writes anything negative about Doge, or when prices start to dump. however, I'm still pretty sure Doge's price can go below that. it's just that, I don't know when, to date, Doge is still showing strong development, even though some people think the price will hit $ 1.

[VanDeinsberg12]

The bull run is still here, so the hype is still here.

However, I think DOGE has achieved a lot this year makes it overvalued, so even if it will still rise and reach $1, I still think it will drop 0.2 USD or even lower. DOGE and other altcoins with no real fundamentals will not grow in bear season, and we should expect that.

In bearish market coin like DOGE or SHIB that gonna get dumped so hard due to no real use of the coin except for speculation meanwhile when in bearish market people who speculates usually getting influenced by the fear.
I could assume that DOGE gonna drop around 0.1 USD since thats imo the most suitable price point for doge at the current moment considering the market cap.

[ElmedoRator]

Of course it could drop to $ 0.2 or even lower, if everyone believed in it I thought there would be a huge sell-off. And I don't feel that it will come as a surprise because it is inevitable that when looking at its growth, we should consider and look at everything more comprehensively to it.

[ChaoChibai]

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

Well I think it is possible in cryptocurrency market. The price of Dogecoin could possibly drop to $0.2. We are already familiar with sudden drop of altcoin even bitcoin price few years ago. So i would not be so surprise if dogecoin price hit $0.2.

[ashmodeus]

well , what is it ? i just found this tweet by this time , so that mean the price will go up more that 0.7 ? damn , its totally very high risk, of course its not financial advice, i just wonder how far will elon play the role of the dogefather.

[no-ice-please]

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

There will be even more. The games have been played, the profit has been made, and now it is the time to continue in right direction.

It is possible that a sell off will happen soon for DOGE. However, the number one wallet is so gigantic that obviously someone with a lot of money seems to be behind DOGE.

I guess going down has started recently as the doge has lost considerable value already. Let's leave this gigantic wallet owner keep losing his money.

What I think is that whoever the holder of that wallet is seems to have enough money to give DOGE another boost. Who the hell on this planet would allow for a $20 billion wallet go down the drain slowly? I can't think of anyone who'd just load up on DOGE in 2019 to then let it drop in price significantly.

[Reatim]

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

Why people here are stupid most of the time? When coin starts to show increasing power they tend to ask when is the fall.

but when the price is falling then they ask when pump?

Why not be happy for what's happening now? and just wait when the price falls .


Personally? nope Dog will never go down that level again , because this has been the option people used when the Bull market starts last year and when the Ripple(XRP) has this big issue that same time.

[Renampun]

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

Dogecoin price volatility is very high, so the potential for a return to the price of $ 0.2 is very high too...
In recent days Dogecoin has stabilized at the price of $ 0.4- $ 0.5, btw, There are also many predictions that say Dogecoin will touch $ 1. my advice if you have a doge then just hold your doge.

[Fivestar4everMVP]

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

Dogecoin still holding up strong, but if I should say my mind sincerely, I did say yes, dogecoin will likely drop even below 0.2$ when Elon gets tired of shilling it, though am not expecting it to happen all of a sudden, but it will rather happen gradually, dogecoin already have a lot of community followers who strongly support the coin, but in my personal view, the one holding all of them together is Elon musk, ones he's out, every one will start leaving one after the other until there will be no one left, but except the community or Elon himself get builds a real use case for dogecoin, this can't be avarted.

[slaman29]

If one Elon Tweet can push it 3x, and one laugh on a live TV show can reduce price by 36% immediately, and looking at the price today, can doge go to 20 cents or even 10 cents?

Absolutely. It won't even need Elon to laugh once this crypto rally falls apart.