Dogecoin Price Faces Continued Pressure in 2025
Dogecoin (DOGE), the original memecoin, has been experiencing ongoing bearish sentiment in the cryptocurrency market. As of December 17, 2025, Dogecoin has dropped over 5% in the past 24 hours, trading at approximately $0.1255. This significant decline follows a 15% loss over the past week, as the token slipped below a critical support trendline established in early 2024.
The DOGE price’s sustained downward momentum has signaled a bearish midterm outlook. Analysts predict the token may retest its 2024 support level of $0.1, indicating a potential 20% drop. Notably, the MACD indicator further confirms this bearish trend, as the MACD and signal lines have fallen below the zero line, accompanied by increasing bearish histograms.
Broader Memecoin Market in Decline
The bearish momentum isn’t isolated to DOGE. The broader memecoin market has seen significant losses, with the total market cap for memecoins dropping by 8% in the past 24 hours to hover around $41.4 billion. Popular projects like Pudgy Penguins (PENGU), Pepe (PEPE), Shiba Inu (SHIB), and Bonk (BONK) have suffered declines exceeding 15% in just one week.
This downturn is primarily attributed to weak investor sentiment following the October 2025 crypto crash and heightened regulatory uncertainty in the United States. The lack of clarity regarding crypto regulations continues to cast a shadow over the market, impacting the adoption rate and growth trajectory of memecoins.
What Lies Ahead for Memecoins?
Experts believe the recovery of the cryptocurrency market, including memecoins, is contingent on several factors. A report by Bitwise suggests that the industry could rebound in 2026, driven by events such as the Bitcoin halving, favorable interest rate cycles, and pro-crypto regulatory shifts. Additionally, institutional involvement from major players like Citi, Morgan Stanley, and Wells Fargo is expected to accelerate growth through allocations to spot ETFs and increased on-chain activity.
It’s essential for investors to remain vigilant and conduct their own research when navigating the volatile crypto space. With regulatory developments and adoption rates holding the key to the next phase for memecoins, 2026 could mark a turning point for the market.
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Disclaimer
The opinions and insights in this article reflect the author’s personal views and market conditions as of the publication date. Always consult with a professional financial advisor before making investment decisions. Neither the author nor the publication assumes responsibility for any financial losses incurred.
