dogecoin is joke shit, don't get caught up
the reason bitcoin retains value and is somewhat of a major player is because it's a limited currency, there are only 21 million bitcoins in existence and that's all there ever will be, unless the algorithm undergoes major restructuring
dogecoin was made as a joke parody of crypto and an infinite amount can be mined, it's not well designed as a currency
it's also not a stock, nobody is shorting it, it's not insured or regulated, and there's no underlying reason or significance for its rises and falls other than memes
the people who've been buying into everything mooning are starting to realize the difference between the shorts on gme/amc and cornball dogecoin and are getting out, before long it'll be back to where it was
spoiler (click to show/hide)
and that's when you buy tons of it for the next time this happens