Dogecoin
(DOGE)
has
seen
a
renewed
price
crash
by
a
significant
14%
in
the
last
30
days,
setting
the
meme
coin
up
for
a
record
fifth
month
of
losses.
The
king
of
meme
coins
has
stayed
in
the
red
since
October
2025,
when
it
dipped
by
a
massive
20%
below
its
monthly
average.
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Dogecoin
underperformance
grows
As
per
CryptoRank
data,
Dogecoin’s
February
average
stands
at
-3.32%.
The
meme
coin’s
performance
in
the
last
48
hours
had
sparked
hopes
of
DOGE
breaking
the
loss
streak,
which
started
in
October.
However,
the
recent
broader
crypto
market
plunge,
which
saw
a
5.5%
decline,
has
erased
all
hopes.
Dogecoin
Monthly
Performance
Chart
|
Source:
CryptoRankThe
crypto
market
decline
saw
Bitcoin,
the
leading
digital
asset
to
which
Dogecoin
is
correlated,
slip
by
5.6%.
DOGE
followed
and
lost
all
the
gains
it
recorded
in
earlier
market
trading.
As
of
this
writing,
Dogecoin
is
changinghands
at
$0.08802,
which
reflects
an
8.84%
decline
in
the
last
24
hours.
DOGE,
which
previously
reclaimed
the
critical
$0.10
pricelevel,
later
dropped
slightly
to
$0.09747.
The
recent
bloodbath
in
the
market
has
now
pushed
it
to
the
current
market
price.
The
meme
coin’s
performance
indicates
that
February
will
close
in
the
red
just
like
the
previous
four
months.
Notably,
Dogecoin’s
monthly
performance
since
October
2025
has
been
below
the
monthly
average.
In
November,
DOGE
closed
-21.3%
despite
having
a
monthly
average
of
15.5%.
In
December
2025
and
January
2026,
the
meme
coin
closed
-19.9%
and
-11.3%
compared
to
its
monthly
mean
of
18.9%
and
76.9%,
respectively.
The
quarterly
outlook
of
Dogecoin
is
also
very
bearish.
The
meme
coin
had
concluded
the
last
three
months
of
2025
in
the
negative,
hitting
50%.
In
the
first
two
months
of
2026,
DOGE
is
down
by
25%,
and
unless
something
happens
in
March,
the
meme
coin
is
on
a
continued
bearish
path.
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Weak
derivatives
and
poor
ETF
demand
The
general
outlook
for
Dogecoin
does
not
inspire
confidence.
Investors
monitoring
the
meme
coin’s
metrics
observe
that,
beyond
the
price,
open
interest
is
also
down
as
DOGE
eyes
max
pain.
The
technical
signals
suggest
that
Dogecoin
might
face
an
extended
bearish
run
amid
the
current
dip
in
the
crypto
market.
Institutional
interest
in
Dogecoin
has
also
not
taken
off
as
anticipated,
as
the
exchange-traded
fund
(ETF)
products
have
not
gained
traction.
There
appears
to
be
a
huge
disconnect
in
the
ETFas
assets
under
management
stay
below
$10
million
as
prices
continue
to
stagnate
below
$0.10.