Dogecoin Plummets 8.5% To 20 Cents: Is It Over For DOGE?

Dogecoin (CRYPTO: DOGE)is down 8.5% to $0.20, largely mirroring Bitcoin’s (CRYPTO: BTC) pullback, but historical patterns suggest a potential rebound may be on the way.

What Happened: Crypto analyst Kevin, a leading Dogecoin commentator on X, discussed the meme coin’s price action in a Feb. 22 podcast.

He noted that DOGE has historically experienced sharp rallies followed by deep retracements, typically ranging between 50% and 65%.

Looking back at the previous bull cycle, DOGE saw a 56% pullback, followed by 57% and 53% dips, before ultimately surging to its all-time high of $0.48.

In the current cycle, DOGE has already undergone a 58% correction, a …

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