Dogecoin lost 28% in a month

Dogecoin DOGE $0.14 Binance-Peg Dogecoin 0.51% Market capitalization $0.36 billion VOL. 24 hours $47.06 million suffered a serious drop during the latest crypto market crash, dropping to its lowest level in several months. According to CoinGecko, the token fell by 2.5% overnight, 10.8% in a week, 12.4% in two weeks, and more than 28% in a month. Since December 2024, the first meme-coin has lost more than 69% of its value. Amid the general panic, investors are wondering if this is the end for Dogecoin, or if the market is simply waiting for a new macroeconomic boost.

Despite the pessimism, analysts note that Dogecoin has not yet exhausted its potential. One of the key factors that could support the market is the expected rate cut by the US Federal Reserve. Historically, such steps stimulate the flow of liquidity into risky assets, among which memecoins are usually the first to react. If the Fed does indeed cut the rate, Dogecoin may receive a new impetus for recovery.

Another important factor was DOGE’s entry into the ETF era, with Bitwise and Grayscale recently launching their funds. Although the initial trading volumes were small, experience shows that capital inflows into such instruments usually increase as market sentiment improves. If bitcoin stabilizes and investors start looking for risky assets again, Dogecoin-ETFs could become an additional source of demand.

One of the drivers that keep the community interested is the expectation of Dogecoin integration into the X platform payment system. Elon Musk has already implemented DOGE payments in his companies Tesla and SpaceX, so the possibility of payments in X seems quite real. If cryptocurrencies become part of the X Payments ecosystem, it can significantly increase their practical value and scale of use.

According to Grayscale’s forecast, bitcoin could reach a new all-time high in 2026. Historically, Dogecoin has followed BTC’s macro trends, so its recovery may be parallel — especially if ETFs have a positive impact and real-world use cases expand. Despite the short-term weakness, the medium-term outlook for Dogecoin looks more optimistic than the current quotes.