Will dogecoin drop to $0.2 again?

[$anounimus$]

everything forum members will say ; doge will continue to decline, this altcoin also has a block time of 1 minute, and the total supply is unlimited, which means there is no limit to the number of dogecoins that can be mined. which is why doge will continue to fall

Yes, and every meme coin does have a very large supply, so it is not surprising that when a market correction occurs, the coin will continue to fall like rain without any obstacles when it falls to earth.

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[LUCKMCFLY]

DOGE has been suffering a lot, it is said that it can even reach the level of 0.10usd, if everything continues like this with a bearish trend it is very likely, but the btc still does not rise, if a recovery of BTC occurs, the bulls of DOGE may decide to give a good bullish rally but it's a matter of waiting:

Conversely, if bears sink the price below $0.15, the selling could intensify as traders rush to the exit. That could result in a fall to $0.10 and later to $0.07. The downsloping moving averages and the RSI near the oversold zone suggest that the possibility of a breakdown is higher.

Source: https://cointelegraph.com/news/price-analysis-7-16-btc-eth-bnb-ada-xrp-doge-dot-uni-bch-ltc

From what little I have seen about Elon Musk, he has been unsuccessful in pumping coins like Doge, since he made the big FUD to BTC it seems his reputation has all fallen.

[wmaurik]

There is a possibility of price dropping for dogecoin and indeed this is a meme coin and likely overvalued compared to its usefullness but still the big whales for this coin has the control and can manipulate market price anytime.

It is clear, because no coin can survive at high prices in today's market conditions because if Bitcoin does not experience a gradual recovery, then Altcoins will always fall slowly at current conditions, and that is regardless of the game made by the players big whale.

[Maslate]

There is a possibility of price dropping for dogecoin and indeed this is a meme coin and likely overvalued compared to its usefullness but still the big whales for this coin has the control and can manipulate market price anytime.

It is clear, because no coin can survive at high prices in today's market conditions because if Bitcoin does not experience a gradual recovery, then Altcoins will always fall slowly at current conditions, and that is regardless of the game made by the players big whale.

That's the normal trend, we have to expect major losses of altcoins because bitcoin is struggling, more so if bitcoin will dump below $30k which is likely as it's not pumping but only stayed at the current level. This is not the time to hold altcoins that you think are not strong enough to survive, they can pump during the bull run but they'll suffer real hard during the bear season.

By the way, looks like DOGE is rebounding a bit, looks good but doesn't look stable at all.

[Joca97]

DOGE has been suffering a lot, it is said that it can even reach the level of 0.10usd, if everything continues like this with a bearish trend it is very likely, but the btc still does not rise, if a recovery of BTC occurs, the bulls of DOGE may decide to give a good bullish rally but it's a matter of waiting:

Conversely, if bears sink the price below $0.15, the selling could intensify as traders rush to the exit. That could result in a fall to $0.10 and later to $0.07. The downsloping moving averages and the RSI near the oversold zone suggest that the possibility of a breakdown is higher.

Source: https://cointelegraph.com/news/price-analysis-7-16-btc-eth-bnb-ada-xrp-doge-dot-uni-bch-ltc

From what little I have seen about Elon Musk, he has been unsuccessful in pumping coins like Doge, since he made the big FUD to BTC it seems his reputation has all fallen.

Elon musk aint pumping Dogecoin anymore so its normal that it is going down plus the market is still in red so it keeps dropping. This coins realistic price is 0.03$ . A lot of hype was in those couple of months around Doge. Without hype Doge wont pump at all because its just a meme coin. Dogecoin only depends on the hype on social media mostly or elon musk

[livingfree]

~snip~
Who's going to buy if Dogecoin drops under $0.1?

In my opinion, don't plan to buy dogecoin even it goes down to $0.1 level. It may go down more. And the bounce back may only happen during next bull trend of crypto market.

Yeah, the next bull run might trigger it again to reach as high as it did before.

But what if there's no more Elon on the next bull run and Dogecoin finally sets off to settlement and there's no longer that much attention on it as Elon changes his ways.

And for those who likes to take some gamble on these coins as they still feel the hype, good luck to you folks.

[Woodie]

Yeah, the next bull run might trigger it again to reach as high as it did before.

But what if there's no more Elon on the next bull run and Dogecoin finally sets off to settlement and there's no longer that much attention on it as Elon changes his ways.

And for those who likes to take some gamble on these coins as they still feel the hype, good luck to you folks.

We all agree that dogecoin became relevant after it was publicly known that Elon had invested in it which produced an artificial price and should he chose to pull out....
well let's just say the price will drop drastically and you wouldn't want to be a hodler when this happens.

Will dogecoin drop to $0.2 again?

I think it will, when the hype man(elon) leaves as he is unpredictable.

[Golftech]

~snip~
Who's going to buy if Dogecoin drops under $0.1?

In my opinion, don't plan to buy dogecoin even it goes down to $0.1 level. It may go down more. And the bounce back may only happen during next bull trend of crypto market.

Yeah, the next bull run might trigger it again to reach as high as it did before.

But what if there's no more Elon on the next bull run and Dogecoin finally sets off to settlement and there's no longer that much attention on it as Elon changes his ways.

And for those who likes to take some gamble on these coins as they still feel the hype, good luck to you folks.

Without Musk? that's a very tough call for everyone who wanted to take this gamble. Doge may fall continually

and have a hard time to bring the price back. Currently it's already down @$.19 no action from Musk and no

good pump that happened. It's a test for those who still holding it and to those who bought from the peak.

[DOH!]

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

Now the DOGE price is $0.17 I'm sad to invest around $150 in May at a price of $.43 now the DOGE value is only about $64, the momentary trend from Elon Musk seems to be over, users don't want to buy and hold anymore so the sell option continues.

Perhaps you had a lesson in coin valuation! I really don't understand what WTH is that the value of a coin like Doge increases by just a few tweets? stupid, Elon's game has become tasteless. Rely on and keep praising
https://www.forbes.com/sites/billybambrough/2021/07/17/never-said-the-word-sell-elon-musk-boosts-the-price-of-dogecoin-as-bitcoin-and-crypto-lose-billions/?sh=4af8003f62d0

[mrjoy15]

~snip~
Who's going to buy if Dogecoin drops under $0.1?

In my opinion, don't plan to buy dogecoin even it goes down to $0.1 level. It may go down more. And the bounce back may only happen during next bull trend of crypto market.

Yeah, the next bull run might trigger it again to reach as high as it did before.

But what if there's no more Elon on the next bull run and Dogecoin finally sets off to settlement and there's no longer that much attention on it as Elon changes his ways.

And for those who likes to take some gamble on these coins as they still feel the hype, good luck to you folks.

Without Musk? that's a very tough call for everyone who wanted to take this gamble. Doge may fall continually

and have a hard time to bring the price back. Currently it's already down @$.19 no action from Musk and no

good pump that happened. It's a test for those who still holding it and to those who bought from the peak.

You have valid points, Dogecoin itself unable to survive long without Musk tweets. Must absent quite a while making any tweets regarding Doge.
Dogecoin got my attention as it's below 20 cents after a long time. When will we be seeing the 0.50 mark? Does Elon Musk have the power to revive Doge?

[livingfree]

Yeah, the next bull run might trigger it again to reach as high as it did before.

But what if there's no more Elon on the next bull run and Dogecoin finally sets off to settlement and there's no longer that much attention on it as Elon changes his ways.

And for those who likes to take some gamble on these coins as they still feel the hype, good luck to you folks.

We all agree that dogecoin became relevant after it was publicly known that Elon had invested in it which produced an artificial price and should he chose to pull out....
well let's just say the price will drop drastically and you wouldn't want to be a hodler when this happens.

And people like Vitalik who had bought Dogecoin as an investment took profit from it and that's already a signal for those who have been left and thought it would rise unstoppable.

Well, if the price drops and I think that there's still so much attention on it. It wouldn't hurt me to put some bucks on it that likely would rake me around $100+.

[Slow death]

We all agree that dogecoin became relevant after it was publicly known that Elon had invested in it which produced an artificial price and should he chose to pull out....
well let's just say the price will drop drastically and you wouldn't want to be a hodler when this happens.

Elon Musk can exit any time he wants on Dogecoin, because if he is able to make a good raise on Dogecoin then he can also drop it back down, because he is the one who still has influence over that sort of thing.

just out of curiosity does anyone know how much doge coin he still has and if he has already sold any doge?

I'm asking this question for the following reasons:

1 - Dogecoin price is at 0.19 while Bitcoin price is at $31700

2 - In a scenario where the price of bitcoin drops a lot below $28000 the price of dogecoin would also drop a lot

Now let's put together these two disasters that I mentioned together with a possible sale of Dogecoin that elon musk has, the disaster for dogecoin would be very high

[Vaskiy]

We all agree that dogecoin became relevant after it was publicly known that Elon had invested in it which produced an artificial price and should he chose to pull out....
well let's just say the price will drop drastically and you wouldn't want to be a hodler when this happens.

Elon Musk can exit any time he wants on Dogecoin, because if he is able to make a good raise on Dogecoin then he can also drop it back down, because he is the one who still has influence over that sort of thing.

Compared to the beginning days of his entry into cryptocurrency market, right now his influence have diminished. Recently he made a statement about a specific altcoin, but there is no big deviation experienced. The market bump and dump happened for a short while and this is all because of people understanding better about his thoughts.

[Boomber]

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

currently the price of dogecoin has fallen below $0.2 and may continue to fall if the market is still experiencing a correction, then i am also sure that the market can still experience a correction and it will make the price of dogecoin can still go down, so i am sure if the price of dogecoin will still go down and maybe the price could be under $0.1 in the near future.

[imamusma]

currently the price of dogecoin has fallen below $0.2 and may continue to fall if the market is still experiencing a correction, then i am also sure that the market can still experience a correction and it will make the price of dogecoin can still go down, so i am sure if the price of dogecoin will still go down and maybe the price could be under $0.1 in the near future.

Dogecoin will never stay at a high price when the market is in a correction because meme coins like Doge are always easy to fall when the market is in a big downturn, and I'm sure Dogecoin will return to its bottom price

[illnino]

Anything is possible.  Moreover, if we look at the price of the Doge last year, it was very cheap and the value is already very high compared to now.  This is because Elon keeps pom pom Doge coin.  So if Elon doesn't support doge, I think the price could fall even more.

I also think that the only reason why dogecoin grew was twits from Elon Musk. As soon as he stops doing that, the price will only fall. Moreover, total supply is unlimited so there is nothing that can support price apart from hype, especially if there is a bear market.

[Ziskinberg]

Anything is possible.  Moreover, if we look at the price of the Doge last year, it was very cheap and the value is already very high compared to now.  This is because Elon keeps pom pom Doge coin.  So if Elon doesn't support doge, I think the price could fall even more.

I also think that the only reason why dogecoin grew was twits from Elon Musk. As soon as he stops doing that, the price will only fall. Moreover, total supply is unlimited so there is nothing that can support price apart from hype, especially if there is a bear market.

Elon would never stop tweeting, that's him, it's his job, maybe if people will stop believing him, then probably that would be the end of DOGE pump and the price will eventually go back to a cheap price again and it would not be overpriced anymore. It's us to be blame, not Elon, because we are the one who makes our own decision.

[Tervelatuk]

no one could help dogecoin price now except we see huge pump and huge money come this coin. Today doge holder start selling their coin due no certainity about future after elon musk not make a tweet anymore. And elon musk loss their power after investors trapped and rekted in dogecoin.

[ingiltere]

no one could help dogecoin price now except we see huge pump and huge money come this coin. Today doge holder start selling their coin due no certainity about future after elon musk not make a tweet anymore. And elon musk loss their power after investors trapped and rekted in dogecoin.

Even Elon's tweets are ineffective now, this was obvious Doge ran its time. I'm surprised this run was too long honestly, I didn't expect it goes up to 69 cents. Pity that people expected one dollar for a Doge but experienced investors knew that wouldn't be sustainable. Things are not going well for Doge and we have to be ready for lower prices. Even 17 cent is overvalued for Doge, it should be in less than 10 cent range. It still ranked number 8 in whole market which is ridiculous for a meme coin.

[kotajikikox]

I think Dogecoin had already reached the top and the manipulator had already take what they tend to bagged .

Surely they had already more than enough from their recent actions as now Dogecoin is seemingly going back to the lowest



and besides Meme Coins moment had already finished , look at the chart

https://coinmarketcap.com/

The whole market is Bleeding and specially those coins that made a Way to their top in the recent months.