It’s worth what everyone believes it’s worth but it takes time for the new value to become a consensus.
DOGE traded at .05 for two months. Ran close to .50 and then settled down closer to a quarter.
Then immediately thereafter the 420 pump artificially raised it to .43. When it didn’t move early this morning disappointment set in and it returned to where we are trading now — which is the price we all intuitively know makes sense.
She needs to trade sideways for a while. Then she will move up when the time is right.
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