Dogecoin, Shiba Inu, Popcat Have Corrected Multiple Times And Bounced Back, D.O.G.E Set To Do The Same, Trader Argues

According to a prominent trader, the Department Of Government Efficiency (D.O.G.E) token is following the typical meme coin trajectory—major rallies followed by deep corrections.  

What Happened: In a post on X on Tuesday, trader Unipcs highlighted that despite facing heavy criticism after a 90% drop from its $500 million peak, this pattern is normal and D.O.G.E is primed for a comeback.

Historical examples like Dogecoin DOGE/USD, Shiba Inu SHIB/USD, Popcat POPCAT/USD, Dogwifhat WIF/USD and Bonk (CRYPTO: BONK) have all experienced massive pullbacks before rallying to new highs.

The key to meme coin survival is strong narratives, an engaged community, and an active development team, Unipcs argues.

D.O.G.E is uniquely positioned as the “official meme coin” of Trump’s administration, representing the Department of Government Efficiency. T

his branding has given it significant media coverage and backing from figures like Elon Musk.

Its crash was worsened by the launch of the Trump TRUMP/USD token, which absorbed liquidity.

However, now that election-related sell-the-news catalysts are behind us, D.O.G.E is once again a pure meme play with strong upside potential.

Also Read: Market Skeptical Of DOGE Hype, Questions Elon Musk’s Execution, Bernstein Says

What's Next: Unipcs notes that the recent market crash was the largest liquidation event in crypto history, wiping out $10 billion in positions in 24 hours.

Despite this, he believes the bull run isn't over.

With a pro-crypto U.S. administration and renewed risk appetite, meme coins could be set for a massive resurgence. He advises to stay patient—recovery is possible, but traders must navigate it wisely.

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