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21) is in focus after the coin slipped under $0.07, a level last seen in 2023 and 90% below the all-time high of $0.73.
The print raises a pointed question about whether price compression alone creates a buying signal for an asset with no hard supply ceiling and merchant acceptance tallied at just 2,314 businesses globally, per Cryptwerk.
Dogecoin was created in 2013 by two developers who framed the project as a deliberate send-up of crypto industry earnestness.
The design carried no functional purpose, which means every sustained rally since has been speculation-driven, and every selloff has left little structural support below it.
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