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Dogecoin Falls Below $0.30: Is a Rebound on the Horizon?

Dogecoin (DOGE) is going through a period of instability. The memecoin is losing ground and has dropped below $0.30. This brutal decline reignites uncertainty among investors as selling pressure intensifies. However, some analysts see this as a simple technical pullback, necessary before a new leap to unprecedented heights. Trader Tardigrade and DOGECAPITAL, influential figures in the market, believe that this correction fits into a larger bullish cycle, already observed in the past. In 2016 and 2021, Dogecoin experienced similar declines before soaring by 9,222 % and 30,693 %, respectively. If history repeats itself, DOGE could soon embark on a spectacular rally. But is this scenario really credible?