I was comparing Doge to the 2017 BTC bullrun, and then noticed that it looks quite similar to the 2012/2013 run.
With all the hype, mania, and new people buying into Doge at the peaks, I think this could come down very hard when it gets up around a dollar.
An 80% drop would bring it down to 20 cents or less, depending where it falls from. Although with all the Elon hype i'm not sure if it would drop that far, but I guess we'll see soon enough.
A lot of new investors buying the top could have a very rude awakening soon enough.
With all the hype, mania, and new people buying into Doge at the peaks, I think this could come down very hard when it gets up around a dollar.
An 80% drop would bring it down to 20 cents or less, depending where it falls from. Although with all the Elon hype i'm not sure if it would drop that far, but I guess we'll see soon enough.
A lot of new investors buying the top could have a very rude awakening soon enough.