Despite Elon Musk's renewed enthusiasm for a potential lunar mission, which has historically shined a spotlight on Dogecoin, the cryptocurrency is currently experiencing a bearish trend, causing its momentum to wane in the overall market. Investors are showing caution as optimism about DOGE begins to diminish, reflecting a broader trend within the cryptocurrency space. Although Musk's comments may have temporarily stimulated interest in Dogecoin, the lack of sustained buying pressure suggests that the coin's upward potential is fading as market sentiment shifts.
source: https://blocknews.com/dogecoin-stays-bearish-as-musk-revives-moon-talk-but-doge-momentum-fades-in-crypto/