The price of dogecoin (DOGE) is likely to head towards zero and never bounce back, predicted the majority of members in a crypto industry panel surveyed by comparison website Finder.com.
According to the survey, the majority of the panelists find that DOGE will lose all value at some point in the future.
"We're a little ways removed from the days when people thought DOGE was going to the moon," said the report. "People are now more worried about it staying here on Earth (read: going to zero), something that over half the panel (55%) say will happen at some point in future."
Meanwhile, 24% said they believe it will happen by 2024 or earlier, while 3% of the panelists even predicted that DOGE will have gone to zero by the end of this year.
The survey results are perhaps characteristic for DOGE, which is considered the most popular and original so-called meme coin. Meme coins are notoriously difficult to analyze and are mainly driven by hype trader sentiment.
“The birth of Dogecoin was...
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