Dogecoin Down 20% – But Some Think This Is When The Real Gains Start

According to market figures, Dogecoin remains one of the largest cryptocurrencies by market value, carrying a market cap near $28 ￰0￱ Reading: Dogecoin Ignites — 60% Volume Boom Teases Potential Rally The token’s price has fallen sharply lately — about 20% in the last month and roughly 30% so far in 2025 — moves that have put traders and casual holders on ￰1￱ Coin Origins Dogecoin started as a ￰2￱ on reports, its creators never set out to build a major payments system or a technical ￰3￱ origin still matters. On-chain activity and payment volume for DOGE are lower than for many rivals, and that makes the token prone to sudden, often large ￰4￱ rallies ￰5￱ drops do ￰6￱ Mood & Risk A wider shift in the crypto market is also at ￰7￱ show meme tokens have lost favor this ￰8￱ pullback has pushed coins with weaker fundamentals into deeper ￰9￱ markets turn cautious, speculative coins are usually hit ￰10￱ Forecast & Sentiment Despite the memecoin’s dismal performance of late, Dogecoin price prediction points to an increase of 13% and reach $ 0.21 by November 29, ￰11￱ on technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 34 (Fear).

Still, some traders believe this downturn may be the point where the real gains begin, arguing that DOGE’s strongest rallies often follow periods of fear and steep ￰12￱ numbers show mixed signals: the model expects gains over the coming month, while short-term indicators point to weak momentum and fear among ￰13￱ split can lead to choppy trading, where prices move up for a few days and then fall ￰14￱ interest and media attention still move ￰15￱ social moments can lift prices ￰16￱ can also reverse direction just as ￰17￱ dynamic separates Dogecoin from projects that trade mainly on protocol upgrades or corporate ￰18￱ many investors, headlines matter more than slow technical ￰19￱ Moves Based on reports, the Dogecoin Foundation has been pushing to build a more formal ￰20￱ and partnerships have been ￰21￱ those efforts will change how the market values DOGE is ￰22￱ proposals take months to show ￰23￱ remain only ideas until wider adoption ￰24￱ Reading: Avalanche Expands In Asia — Japan’s Biggest Card Processor Joins The Network DOGE Optimism Still High Dogecoin’s sharp slide this year reflects both its meme-coin roots and a market-wide move away from risky crypto ￰25￱ key figures are plain: nearly $28 billion in market cap, a 20% drop in the past month, and 30% down for the ￰26￱ and models show a possible bounce to $ 0.2146 by November 29, but technical signals still read ￰27￱ so, some market watchers think this could be the setup for the next big DOGE rally, arguing that major recoveries often begin when sentiment is at its ￰28￱ image from Unsplash, chart from TradingView