During times of extreme cryptocurrency volatility, most people look toward Dogecoin as a sign. In most cases, a Dogecoin price trend can determine the future for Bitcoin and all other currencies on the market as well. So far, things have not gone according to plan, as the Dogecoin price is on the verge of dropping below $0.002. That is not what traders are looking for, but it is how things are looking right now.
No one can deny the year 2018 is not getting people excited about any cryptocurrency or digital asset in the slightest. Although things still looked good in January and February, the harsh reality has set in rather quickly. Over the past few months, all markets have continued to bleed value, and it seems that trend will remain in place for the foreseeable future. That doesn’t bode well for any currency on the market, including Dogecoin.