Dogecoin plunged by 20% in a month

Dogecoin DOGE $0.19 Binance-Peg Dogecoin 1.45% Market capitalization $0.48 billion VOL. 24 hours $0.13 billion remains one of the largest cryptocurrencies in terms of market capitalization, at around $ 28 billion. However, over the past month, its price has fallen by 20%, and since the beginning of 2025 — by about 30%. This decline has alarmed both traders and ordinary investors.

Dogecoin’s decline is partly due to the general withdrawal of investors from meme tokens. The decline in interest in high-risk assets has caused significant losses for coins with weaker fundamentals. At the time of publication, DOGE is trading at $ 0.18, and the Fear and Greed Index shows 34 points, which means that fear prevails.

Nevertheless, according to CoinCodex’s forecast, the price of Dogecoin may increase by 13% and reach $ 0.21 by November 29, 2025. Analysts point out that in the past, the largest growth of DOGE often began after periods of panic and deep corrections. At the same time, short-term signals remain bearish, which can lead to volatile trading with sharp fluctuations.

The Dogecoin Foundation is trying to create a more formalized ecosystem by discussing partnerships and new initiatives, but their impact on the market valuation of the token is still uncertain. Despite the loss of value, some analysts are convinced that the current downturn could be the starting point for another DOGE rally, provided that the interest of the community and the media is revived.