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Doge is very much kill at the moment.

This gives the innovators more power to push trough changes in the coin, which can be an advantage in the long run.

Also even Bitcoin has had multiple harsh price corrections during it's lifetime and more than once it lost over 70% over it's value.

BTC
07.06.2011 - 16.11.2011 -> -92.9%
04.09.2012 - 05.07.2013 -> -71.2%

Highest Dogecoin closing price was 12.02.2014 (Fettbürger: 2/12/2014) at 279 Satoshis.

70% drawdown = 83 Satoshi
80% drawdown = 56 Satoshi
85% drawdown = 42 Satoshi
90% drawdown = 28 Satoshi

Deal with it.
Nobody picks flowers on the green field without having been through physical hell before.