Is Dogecoin Mirroring Pepe? A Drop To $0.2 Could Be Imminent For DOGE 📉

Dogecoin (DOGE) has captured investor attention, especially with links to Donald Trump and Elon Musk. However, its price hasn’t reflected this interest. The meme market struggles with liquidity issues, largely due to the TRUMP token.

Crypto analyst Ali Martinez suggests a 35% decline could be imminent for DOGE, driven by its correlation with Pepe. Pepe's recent breach of a key support level resulted in a sharp price drop, hinting at a similar trend for Dogecoin.

Currently priced around $0.305, DOGE has faced a recent downturn, emphasizing struggles in the meme coin market.