Here’s Why The Dogecoin (DOGE) Cryptocurrency Is Heading To Zero According To An Industry Panel!

As we all know, Dogecoin cryptocurrency is the favorite digital currency of famous billionaire Elon Musk. In 2021, the CEO of Tesla and SpaceX sold the merits of this blockchain on his favorite playground, the social network Twitter.

I will keep supporting Dogecoin

While the crypto market has been down since the end of 2021, an industry panel claims that Dogecoin is heading towards zero. Let’s see together their words and their explanations in this blog post!

Why is the Dogecoin (DOGE) cryptocurrency heading towards zero?

According to many people on an industry panel, Dogecoin is likely heading towards zero and never rising again. These people were directly surveyed by a comparison site called finder.com.

These people in question strongly believe that cryptocurrency will crash in the future, here is their explanation:

“We’re a step away from the days when people thought DOGE was going to go to the moon,” the report says. “People are now more concerned about the possibility of her remaining here on Earth, which according to more than half of the panel (55%), will occur at some point in the future. “.

According to this questionnaire, more than 24% of respondents think this scenario will happen before 2024and 3% think it will happen before the end of 2022.

Here is what Kevin He, chief operating officer of the fintech company CloudTech Group, expresses: “The birth of Dogecoin was originally a joke“.

Read also Is Dogecoin dead? Analysis of the next 3 years

He also added: “We believe that cryptocurrencies like Dogecoin, which are completely useless and whose value is purely supported by the community, will not increase in value in the future. »

So do you think this scenario will happen?

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