I been openly bearish on Dogecoin for a while now, and recently I heard it went up due to some "TikTok" challenge by some people. This is one of the most illogical and risky reasons for a crypto to go up. Yes, it is a meme, and there are some technological merits to Dogecoin. However, given what has happened, this needs to balance back down close to its original price point prior to the past wave spike. Until than, I have and will be bearish. As always, everything I say is on an opinion based basis. That being said, please do your own due diligence. This isn't meant to be taken as any sort of actionable financial advice.
