At the start of this year, we have seen a massive pump after some tweets... That driver up the price a lot around 60% up. After this, there is no intention to get up again. There is more demand than there is supply. So in my opinion it can go a bit down.
The very important support zone is under 0.005. And this is where is it going to consolidate.
Dogecoin is still a very meme coin so I don't worry about some institution investing in it.