Even Elon Musk can't save Dogecoin from crashing another 60%, analyst asserts

[newshunter]

Even Elon Musk can't save Dogecoin from crashing another 60%, analyst asserts

The meme cryptocurrency has crashed by over 60% from its May 8 peak and one analyst believes it has another 60% deeper to go.   

Source: Even Elon Musk can't save Dogecoin from crashing another 60%, analyst asserts

Would appreciate your opinion about this

[TomPluz]

Elon Musk must better bring Dogecoin to the Mars and get as many aliens as he can to buy the said meme coin. As of now, I see no reason why people can get excited with Dogecoin. The time for it to rise dramatically has been gone, and we know that most coins could not be able to sustain their growth upwards, especially for one that has no clear use-cases and is still considered to be on the developing stage. Elon Musk and his influence could not anymore save Dogecoin not unless the guy can come with something that is unique and impressive in connection with Dogecoin. Maybe he should be giving away Tesla for new investors of Dogecoin. I can feel the depressing state of the people who bought Dogecoin when it was at its peak - better luck next time.