Some time ago we were surprised by dogecoin, where this coin meme increased fantastically thanks to the full support of Elon Musk, but because the market experienced a decline, dogecoin fell very drastically, now I personally really doubt this coin, to be able to grow to reach the price the highest again,
no doubt doge coins at that moment was supported by elon musk's tweet but today doge coin price could recovery smoothly although no one shill it. what does it mean ? investors and doge communinity believe this is as an alternative portofolio that could give them profits due its community compactness.
There's a possibility that it will go down to its old price because the hype is over and Elon Musk support is diminishing, it's one example of hype and pump and dump, it's ok to participate for a quick profit but be sure you know when is the right time to exit, or else you will find yourself a bag holder of a useless coin.
elon musk hype could over now , but investors faith still strong with dogecoin price future. slowly but sure its price could recovery above 0,27 and proved to anyone here its not die yet.