How Dogecoin Bubble Might Burst in The Next 90 Days

How Dogecoin Bubble Might Burst in The Next 90 Days
Written By:
Market Trends
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Dogecoin's waning competitiveness is another factor that might burst the bubble in the next few days.

Key Points:

  • Dogecoin continues to drop
  • Dogecoin whales continue to sell
  • Bitgert is a big Dogecoin threat

The free-falling Dogecoin price has been one of the most extensively discussed topics around this coin. From the ATH, which was reached in the first week of May 2021, the Dogecoin price has been plummeting. This makes it a whole year of Dogecoin price dropping.

According to the Dogecoin data from reliable platforms like Coinbase, Dogecoin has over 80% of its value lost from the ATH. The worrying thing is that crypto analysts say that Dogecoin might not only drop further but might have the bubble busted.

There has been a talk that Dogecoin could have been a pump and dump scheme. A meme coin that was designed to dupe investors only for the mastermind of the scheme to sump after making good profits. That's what some people feel about Dogecoin.

If this is the case and the Dogecoin coin continues to hit lower lows in the next 90 days, then the Dogecoin bubble might burst soon. The coin is going to crash. But the issue of Dogecoin whales remains a big problem and has been the reason why Dogecoin price has been dropping.

Dogecoin's waning competitiveness is another factor that might burst the bubble in the next few days. There are many crypto projects with real utility and use cases that might kill Dogecoin in the next few weeks.

Among the biggest Dogecoin threat is Bitgert (BRISE). Bitgert is one of the cryptocurrencies doing so well in the market. The Bitgert coin is yet a year old but has already been causing ripples in the industry and attracting the attraction of even the Dogecoin investors.

Bitgert is building a high disruptive ecosystem. This is by building highly disruptive blockchain products and products with use cases. In fact, the Bitgert team is building these products with short timelines and is also adding a huge number of projects to the Bitgert ecosystem within a very short time. That's why the Bitgert ecosystem is the fastest growing.

Bitgert BRC20 blockchain is the most disruptive Bitgert product right now. The Bitgert blockchain is the only blockchain with zero gas fee as well as the fastest blockchain in the industry. Many more Bitgert products like CEX, Web3 oracle, Paybrise, and the Bitgert NFT marketplace are coming up in the new Bitgert roadmap V2. Bitgert Startup Studio will be adding 1000+ new projects to the Bitgert chain.

The bottom line is Dogecoin will have a rough time in the next 90, especially if the bear market remains and the competition grows stiffer. The Dogecoin bubble might burst sooner than expected.

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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.

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