alright using coin produced dogecoins value should be around 142 on the exchange. It is definitely oversold at the moment.
As an example dogecoin will have 297 time more coins produced then feathercoin, if you divide feathercoins exchange value / 297 you get over 140 value for doge and this coin
has far more hype behind it!
So yes people stop panic'ing the coin is currently selling 3 * less it's true value. It's a buying oppertunity!
The value will start to go up now as people switch back to ltc since doge isn't the mos profitable coin to mine. The best thing that can happen for doge is for the miners that don't value the coin other then getting BTC out to GTFO.