The Dogecoin price has been trading below the crucial 200-day MA since the beginning of the yearly trade. Meanwhile, the buying volume has fallen heavily. Also Today Elon Musk expressed his willingness to step down as Twitter CEO. He conducted a poll on twitter platform.
The Dogecoin price seems incredibly bearish and if Elon Musk quits as the Twitter CEO, the token may be badly impacted. Earlier Coinpedia made dogecoin price prediction for the end of 2023, as $0.158. But with current news it wants us to rethink and ask – is doge coin dead?
lol Dogecoin will remain though the price may drop badly for a while , as we have seen this growing how many times now.
but being dead or dying is far from reality .
Maybe they are worried since Elon has big influence and might it create some negative effect if he abandon this coin.
But people need to realize that guy is just doing a business with doge so any hyping or some action he do to highlight its name has personal agenda and do it for his profits so better for those people to quit looking for more pumps. Sell once profit is there since whales like Elon will be more lucky if he is the one who gonna sell first and leave those other people hanging and bag holding some shit that they think will pump more in future.