Investors are quite disappointed with how prices are falling at a fast pace. Some are beginning to believe crypto is dead (which we know that's not the case), while others see this as a huge buying opportunity to buy lots of coins at a discount.
That's correct. While many are bemoaning their losses, there are some who are raking in unbelievable profits by shorting available coins on margin trade and others are buying the dip through DCA technique. It simply goes to buttress the fact that even during a bull rally, not every investor benefits from it. As for Dogecoin, if it ever goes down to one cent or less, I'm going to load up on it. It's a risk I can take.
Meme coins or tokens have started to lose their prestige lately, people are no longer paying attention to them, including Dogecoin (DOGE) or Shiba Inu (SHIB).
Don't underrate those two coins you mentioned. They aren't mere cryptos and you should know it isn't for nothing that many exchanges list them. There must be something those exchanges see in them to enlist them. I believe that's the utility they have.
