Dogecoin is down 78.2% from its ATH. Does it still have any fight in it?

Those who invested in Dogecoin at its peak in May of last year could be down as much as 78.2% from their investment. Are we finally counting Doge out of the running of good buys? Price has been steadily declining for months now with no sign of significant resurgence.

Despite the occasional tweet from Elon, mention from Vitalik, or news about Tesla the price seems to be unaffected. I'm personally not counting it out, since I've counted it out as dead in the past and yet it always seems to come back fighting when I least expect it.

The question at this point is – what will be the triggering event to bring it back, if so? Or has the whole "dog meme" ecosystem been so exhausted and beaten dead by this round of the last year that there's little to no hope and the world is over it?