DOGE collapsed by 62%
This article is not intended to be an investment recommendation. And not in any form whatsoever!
DOGE — the first memecoin and the king of canine currency, has perfectly lost its tail despite the anti-crypto White House administration, Elon Musk being the dog's father. In 2025, under Trump, DOGE witnessed a jaw-dropping drop of 62% in price, a fall that could hang the head even of the DogArcFather himself.
Where did this "much wow" memecoin lose its bark, and who else in the market is chuckling behind their screens? Let us dissect that one, fellow Shibes.
Dogecoin's Year-To-Date Pawprints
With the sound of barking in Washington promoting cryptocurrency, Dogecoin felt an uplift in sentiment at the beginning of 2025. The bulls and analysts were quite optimistic of hearing good news about $DOGE flying to the moon, a meme that even NASA can’t deny. In no time with the figment of President Trump instituting the same DOGE Department of Government Efficiency, Dogecoin flew back with highs of $0.47 tokens that briefly captured imaginations and highly loaded wallets from the crypto-loving niche.
Three months on, Dogecoin is now hobbled at $0.18, the prevailing market apathy cutting sharper than Elon Musk’s Twitter jibes post-any-SpaceX mishap. The coin has now dumped off a disastrous 62% market cap washout to now fall back beyond pre-elections faster than you can sing out, "Much Regret" into the encrypted wallet.
Trump's Tariffs and Uncle Elon Mojo Fallout
Is it fair to say the party is over? The usual excuse for flat markets is February newbie excitement over meme-fueled price hikes zooming past). But really, it may have been upset by the Trump Big Tax Tariff Surprise™. The dumping markets were rumbled-included Musk-linked assets from Tesla to Dogecoin, all of them helped to tumble turbo fast.
In effect, the "Dogefather" Elon Musk saw his meme-loyal subjects reacting to panic as negativity clawed away at trading volume. Everywhere, smiles were not extinguished even for the jokes that pertain to crypto in that Dogecoin carnage. Dogecoin losing out on market dominance isn't just painful; it's a threat to its so-called "serious" joke-currency peers."
Others reasons to fall
Three Key Things about the Falling Memecoin $DOGE (62%) After Trump's Inauguration we will look…right now!
First thing — Profit Taking after Inauguration
DOGE has profit-taking after a 300 percent run-up ahead of inauguration, investors cashing in after taking full advantage of the pro-crypto sentiment instilled by Trump's entry and Elon Musk's joining the Department of Government Efficiency (D.O.G.E).
Second thing — Healthy Memecoins for Competition
Investors took away capital with the birth of imitative memecoins close to $TRUMP and other one related (MELANIA) on the Solana blockchain. As these tokens quickly picked up in traction, very few were left to take up the demand created from DOGE, lowering its prices.
Third thing — Political and Regulatory Dimensions
The establishment of the Department of Government Efficiency associated with Dogecoin has added concerns regarding regulatory scrutiny and reputational risks due primarily to its perceived political affiliations. This provoked the investors to have a relook at their DOGE holdings, which added to the downward pressure on prices.
The Bigger Picture
All forecasts on how $DOGE will perform in the future are centered on the extensive capabilities of rallying a meme army and bringing back retail sentiment. Will Elon tweet it again to the stratosphere relevance? Or will political uncertainty and regulatory cracks keep $DOGE in some solid-groundedness? Who really knows? Anything, essentially the usual, may happen in the meme-economy.
This article is not intended to be an investment recommendation. And not in any form whatsoever!
For now, it seems that $DOGE is giving holders a harsh lesson: "The Internet never forgets a meme, but it sure does price it ruthlessly."