Why did Dogecoin fall today?

The cryptocurrency was down 5.7% over the previous 24-hour period as of 11:45 a.m. ET. With Bitcoin and Ethereum roughly flat over the previous day of trading and the broader cryptocurrency market looking uncharacteristically stable, Dogecoin’s sell-off likely stems from investors taking profits after recent gains .

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How high will the Dogecoin go?

While there are expectations of DOGE hitting the new ATH at $1, investors might have to settle for a far less value at around $0.40, according to walletinvestor. For the coin to hit an immense high next year, it must continue garnering community support. All in all, DOGE is expected to pump higher come 2022 .

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