Can't ignore that for Doge holders.
Only those that have sold at profit because there are also holders of Doge that have been caught late by the hype. They've bought at the top and thought that they'll still be making a fortune.
Until the dump came.
Well, you are right, some have been caught in the trap, the ones who bought during a hype! But here I am talking about people who are holding it for +5 years! Even now they are in crazy big profit if they missed the perfect moment when Doge was at $0.7 in May last year!
By the way, while BTC and ETH are down by 2% in the last 24h Doge is up 17%! That speaks for itself, the crypto market is never all red, there are always some exceptions!