The speculative model that underpins Dogecoin is beginning to exhibit signs of instability and weakness, raising concerns among investors and analysts alike. Here, we will explore the various factors and indicators that suggest the meme-based cryptocurrency, often seen as a fun and light-hearted alternative to more traditional cryptocurrencies, could potentially experience a further decline in value, with projections indicating a possible drop of up to 50%. Understanding the underlying reasons for this anticipated downturn is crucial for those looking to navigate the volatile landscape of digital assets and make informed investment decisions regarding DOGE.
source: https://blocknews.com/dogecoins-speculative-model-shows-cracks-here-is-why-doge-could-drop-another-50/