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Dogecoin Hangs Near $0.20 — But Could Its Meme Magic Push It Back Over $0.25?
<p data-start="359" data-end="634">Dogecoin’s price is hovering around $0.20, and investors are wondering if it’ll ever climb past $0.25 again. It’s done it before — multiple times — and in crypto, history tends to repeat itself, with a twist. But is another surge coming, or is the joke starting to wear thin?</p>
<p data-start="636" data-end="817">This meme coin has always been a bit of a rollercoaster. But unlike most thrill rides, there’s no track map here. Just vibes, community cheerleading, and a whole lot of speculation.</p>
<h2 data-start="819" data-end="858">Dogecoin’s Rocky Climb to Meme Glory</h2>
<p data-start="860" data-end="1069">It started as a parody, literally. In 2013, Dogecoin was launched to poke fun at Bitcoin. It featured the Shiba Inu dog from the viral “doge” meme, and had no real utility. Somehow, that was part of the charm.</p>
<p data-start="1071" data-end="1287">Then came 2021. Suddenly, DOGE wasn’t just an internet joke — it was everywhere. Elon Musk tweeted. Reddit rallied. Robinhood clogged. And the price? Skyrocketed past $0.25, and even touched $0.73 at one point. Wild.</p>
<p data-start="1289" data-end="1464">It’s done similar stunts since. After the 2024 U.S. presidential election, crypto optimism surged again. Dogecoin followed suit, briefly pushing above $0.46 before retreating.</p>
<p data-start="1466" data-end="1514">But here we are again. At twenty cents. Waiting.</p>
<p data-start="1466" data-end="1514"><a href="https://www.theibulletin.com/wp-content/uploads/2025/06/shiba-inu-dog-cryptocurrency-coin-meme.jpg"><img class="aligncenter size-full wp-image-57595" src="https://www.theibulletin.com/wp-content/uploads/2025/06/shiba-inu-dog-cryptocurrency-coin-meme.jpg" alt="shiba inu dog cryptocurrency coin meme" width="1088" height="653" /></a></p>
<h2 data-start="1516" data-end="1572">The Anatomy of DOGE: Why the Price Struggles to Stick</h2>
<p data-start="1574" data-end="1596">Let’s break this down.</p>
<p data-start="1598" data-end="1753">Dogecoin has always had a few structural problems that make long-term price gains tricky. The price may spike, but staying elevated? That’s a taller order.</p>
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<li data-start="1755" data-end="1939">
<p data-start="1757" data-end="1939">Utility is low: Yes, some places accept DOGE. But “some” is the key word. Mostly, it’s used within its community — tipping, trading, donations. Not exactly a payments revolution.</p>
</li>
<li data-start="1940" data-end="2103">
<p data-start="1942" data-end="2103">Unlimited supply: Miners generate about 10,000 new Dogecoins every minute. That’s a lot. And with no cap, inflation hits harder. Like printing endless money.</p>
</li>
<li data-start="2104" data-end="2290">
<p data-start="2106" data-end="2290">Competition is constant: New meme coins appear almost daily. From Pepe to Bonk to whatever the internet cooks up next, DOGE is now the old guard. And internet crowds love new toys.</p>
</li>
</ul>
<p data-start="2292" data-end="2413">So even when Dogecoin rises, those issues pull it back down. It’s like trying to fill a bucket with a hole at the bottom.</p>
<h2 data-start="2415" data-end="2468">Past Patterns Suggest It <em data-start="2443" data-end="2450">Could</em> Break $0.25 Again</h2>
<p data-start="2470" data-end="2618">Let’s be honest: Dogecoin doesn’t follow traditional finance logic. It’s powered by sentiment. And when sentiment goes haywire, anything’s possible.</p>
<p data-start="2620" data-end="2693">Here&#8217;s a quick look at Dogecoin’s past performance peaks over five years:</p>
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<th data-start="2695" data-end="2715" data-col-size="sm">Date</th>
<th data-start="2715" data-end="2734" data-col-size="sm">Price Peak</th>
<th data-start="2734" data-end="2776" data-col-size="sm">Trigger Event</th>
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<td data-start="2859" data-end="2879" data-col-size="sm">Jan 2021</td>
<td data-start="2879" data-end="2898" data-col-size="sm">$0.09</td>
<td data-start="2898" data-end="2940" data-col-size="sm">Reddit hype + Elon tweets</td>
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<tr data-start="2941" data-end="3022">
<td data-start="2941" data-end="2961" data-col-size="sm">May 2021</td>
<td data-start="2961" data-end="2980" data-col-size="sm">$0.73</td>
<td data-start="2980" data-end="3022" data-col-size="sm">Saturday Night Live anticipation</td>
</tr>
<tr data-start="3023" data-end="3104">
<td data-start="3023" data-end="3043" data-col-size="sm">Oct 2022</td>
<td data-start="3043" data-end="3062" data-col-size="sm">$0.34</td>
<td data-start="3062" data-end="3104" data-col-size="sm">Musk buys Twitter</td>
</tr>
<tr data-start="3105" data-end="3186">
<td data-start="3105" data-end="3125" data-col-size="sm">Nov 2024</td>
<td data-start="3125" data-end="3144" data-col-size="sm">$0.46</td>
<td data-start="3144" data-end="3186" data-col-size="sm">U.S. election, pro-crypto sentiment</td>
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<p data-start="3188" data-end="3321">These jumps aren’t tied to tech improvements or business deals. They’re tied to internet culture, political winds, and Elon’s thumbs.</p>
<p data-start="3323" data-end="3463">So yes, it could hit $0.25 again — especially if another wave of optimism or viral moment comes along. Just don’t expect it to last forever.</p>
<h2 data-start="3465" data-end="3493">Big Numbers, Bigger Risks</h2>
<p data-start="3495" data-end="3647">Dogecoin&#8217;s current market cap is around $29 billion. That’s huge for something without a clear business model or mainstream use case. But that’s crypto.</p>
<p data-start="3649" data-end="3799">Investor psychology plays an outsized role. Unlike stocks, cryptocurrencies don’t have earnings or dividends. They move because people <em data-start="3784" data-end="3790">want</em> them to.</p>
<p data-start="3801" data-end="3925">One tweet can shift billions. One meme can pump prices. But that works both ways. When the hype dies down, prices fall fast.</p>
<p data-start="3927" data-end="4035">DOGE has dropped more than 70% from its 2021 high. Still, it’s up tens of thousands of percent since launch.</p>
<p data-start="4037" data-end="4086">This is what makes it so enticing — and so risky.</p>
<h2 data-start="4088" data-end="4131">So, Should You Buy Dogecoin Under $0.25?</h2>
<p data-start="4133" data-end="4251">Let’s keep it real. Dogecoin isn’t an investment. It’s a bet. A fun one, maybe. But not something you bet the farm on.</p>
<p data-start="4253" data-end="4380">Some people buy it just to be part of the internet culture. Others see it as lottery-ticket investing. A small sum, big dreams.</p>
<p data-start="4382" data-end="4531">And that’s fine — as long as you know what you&#8217;re getting into. If DOGE goes to $0.30, great. If it drops to $0.08 again, that’s not shocking either.</p>
<p data-start="4533" data-end="4625">There’s no harm in holding a little Dogecoin — just don’t expect it to fund your retirement.</p>

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