Analisis pasar: Historically, DOGE price behavior has tracked sentiments in Musk's tweets about the memecoin. While largely positive, with some tweets sending the memecoin rocketing by 20% to 85%, other tweets have resulted in bearish price behavior. In Feb. 2021, the price of DOGE fell 20% following Musk's criticism that the memecoin was concentrated in the hands of a few followers.
Dogecoin's price is currently down more than 91% since it hit its all-time high back in mid-2021/Facepalm/Facepalm/Facepalm. Since it doesn't have any notable intrinsic value and its popularity largely determines its worth. mooers, what do you think of this memecoin?