Dogecoin price has seen a significant correction amid bearish trends following its strong November performance. The altcoin, widely recognized for its meme-inspired origins, had surged alongside major cryptocurrencies like Bitcoin, showcasing strong market sentiment. However, recent market dynamics suggest a downturn, raising concerns among investors. Speculation continues about the potential impact if Elon Musk, a key advocate, withdraws support for DOGE. This uncertainty fuels questions about how low Dogecoin’s price could drop.
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