In recent tweets, Elon still claims to continue to support Doge after being denounced by investors. Dogecoin could still get worse, but it won't die, that's all I can say. Although it was a meme, it existed in the market before many of today's alt coins. Doge not a meme that gets people's attention until Elon mentions it, if Elon doesn't support it anymore then the end point could be that doge going back to where Elon wasn't there.
In that case, Doge will remain though it has lots of critics as long as Billionaire Elon Musk is behind it, it won't go down so easily. Though it's hard to believe Dogecoin still exists and remains strong nowadays, we will always judge its current market price, and right in front of our eyes is the evidence. Maybe Elon Musk is not really trusted when it comes to altcoins commentaries but when it comes to DogeCoin he is the main person you want to hear if you really want to know its future.
As long as Elon continues to support Doge, it will be very difficult for Doge to get back $0.01. There is no doubt that Elon Musk will not let his investments disappear so easily, he will take action to protect them.
Amazing, this is one of few topics were someone expect price to go down and it sounds real. In my opinion, the possibility for dogecoin price to drop to 1 cents is more likely than its price hits $1.
I also expect no dogecoin pumps in the future. As meme coin trend is dead, Elon Musk has switched to other business that crypto, or it seems he has no interest in it at all right now, I dont expect any natural price growth.
The meme trend never ends, I assure you of it, we are in a bear market and all coins are down including top coins. I am also not a fan of memecoins, but it is clear that they play a crucial role in attracting investors into the world of cryptocurrency.
