Dogecoin Sinks 60% — Can DOGE Reach $0.20 in 2025? — Outlook

Dogecoin (DOGE) has recorded a steep price decline this year, falling more than 60% over the past 12 months, according to CoinGecko’s Dogecoin data. The token last traded above $0.20 in late October, before broader market weakness pushed prices lower.

The wider crypto market also weakened after a late-October peak for Bitcoin (BTC), which hit a new all-time high that month and then corrected. The article notes that the recent decline persisted despite two interest rate cuts by the Federal Reserve in the last three months; rate cuts are monetary policy moves intended to lower borrowing costs.

Dogecoin typically tracks Bitcoin price moves, so a BTC recovery could influence DOGE. Data shows memecoins, including DOGE, have been hit harder than some other crypto assets during the downturn.

According to CoinCodex analysts, DOGE may trade around $0.12 through the end of this year and could rise to $0.16 on Jan. 16, 2026. The platform does not expect DOGE to reach $0.20 in the near term.

The article also states DOGE could see some upward movement next year but may enter a prolonged consolidation phase before larger gains occur.

Definitions:
– Memecoin: a cryptocurrency inspired by an internet meme or cultural reference.
– Interest rate cut: a reduction in the policy interest rate by a central bank to lower borrowing costs.
– Consolidation phase: a period when an asset’s price moves sideways with limited net change.

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