What’s happening to DOGE right now?
DOGE is like an exhausted man right now: he’s standing, but doesn’t have the strength to stand properly.
Its price is very low right now, at $0.07. So if you put in 700 dirhams, you’d get about 1,000 DOGE coins.
But the problem isn’t the price; the problem is its fundamentals.
Why do I say it’s exhausted?
Because for a month now, it’s been going down little by little. Every time it rises a little, it drops even lower than before.
The people who bought it a while ago are tired and have started selling. New people don’t want to get in now because they’re afraid.
Because the whole market is scared right now. There’s none of the excitement from 2021, when Elon Musk talked about it every day and it kept going up.
Now Elon is quiet, and DOGE is quiet too.
Where’s the danger?
The danger is at 0.071
That number is like a wall. If DOGE stays above it, there’s still hope it’ll go up a little.
If it falls below 0.071 and stays there, that’s it—it’ll keep dropping to 0.065 and could even reach 0.060.
And this drop could happen at any moment, because there’s no one to support it.
Where’s the hope?
The hope is if it rises above 0.078 and stays there for a whole day.
Then we can say it’s starting to wake up a little, and it could go to 0.084.
But to get there, it needs some big news or a major buyer to buy a lot. And right now, there’s nothing.
What should I do if I were you?
If I were you, I wouldn’t buy DOGE right now.
$DOGE
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