Dogecoin ($DOGE) Crypto Forecast: Down 14.5% Today

What is Dogecoin?

DOGE, a popular cryptocurrency token known for its meme-inspired origins, experienced a significant bearish movement in the market today. The broader crypto market also faced downward pressure, particularly influenced by Bitcoin's price action.

Why is Dogecoin going down?

DOGE crypto is down 14.5% on Feb 5, 2026 20:38

• DOGE plummeted by 11% as Bitcoin's collapse triggered panic selling across meme coins, with a massive outflow of $29.67 million recorded from Dogecoin.
• The bearish trend in DOGE was further exacerbated by Bitcoin hitting a 15-month low, dragging down the entire crypto market.
• Retail investors exiting the market amid a broad sell-off contributed to DOGE holding near support at $0.1000, with risk-off sentiment and weak technicals weighing on the asset.
• The extreme fear sentiment in the market, with Bitcoin trading near $76,000 and liquidations reaching $682.58 million, added to the downward pressure on Dogecoin as it moved lower alongside Bitcoin amidst rising geopolitical uncertainty.

DOGE Price Chart

DOGE Technical Analysis

DOGE News

Dogecoin, Shiba Inu Crater 10% As Historic Eight-Figure Outflows Hit

Dogecoin ( CRYPTO: DOGE ) and Shiba Inu ( CRYPTO: SHIB ) have crashed 11%, with Bitcoin's ( CRYPTO: BTC ) collapse triggering panic selling across meme coins. Spot data shows a massive $29.67 million outflow from Dogecoin on Thursday-one of the largest single-day outflows in months.

https://www.benzinga.com/crypto/cryptocurrency/26/02/50428991/dogecoin-shiba-inu-crater-10-as-historic-eight-figure-outflows-hit

Dogecoin Falls Wednesday As Bitcoin Hits 15-Month Low

Dogecoin ( CRYPTO: DOGE ) is trading lower on Wednesday evening as Bitcoin ( CRYPTO: BTC ) slides to its lowest level in 15 months, dragging down the broader crypto market.

https://www.benzinga.com/trading-ideas/movers/26/02/50398908/dogecoin-falls-wednesday-as-bitcoin-hits-15-month-low

Dogecoin Price Forecast: DOGE plummets as retail investors exit amid broad market sell-off

Dogecoin (DOGE) holds near support at $0.1000 at the time of writing on Wednesday, as bears tighten their grip on assets across the crypto market. The leading meme coin remains on the back foot, weighed down by risk-off sentiment, low retail activity and weak technicals.

https://www.fxstreet.com/cryptocurrencies/news/dogecoin-price-forecast-doge-plummets-as-retail-investors-exit-amid-broad-market-sell-off-202602041648

Bitcoin At $76,000 As Ethereum, XRP, Dogecoin Reel From 'Extreme Fear' Sentiment

Bitcoin is trading near $76,000 as market sentiment deteriorates further into extreme fear. U.S. Spot Bitcoin ETF assets under management have fallen below $100 billion for the first time since April 2025; liquidations stand at $682.58 million over the past 24 hours.

https://www.benzinga.com/crypto/cryptocurrency/26/02/50365288/bitcoin-at-76000-as-ethereum-xrp-dogecoin-reel-from-extreme-fear-sentiment

Dogecoin Slides As Bitcoin Sells Off: What's Going On?

Dogecoin ( CRYPTO: DOGE ) is trading lower Tuesday afternoon, moving in the red alongside Bitcoin ( CRYPTO: BTC ) as the broader crypto market pulled back. Bitcoin fell below $75,000 after sliding roughly 6% on the day, pressured by rising geopolitical uncertainty surrounding Iran-U.S. ...

https://www.benzinga.com/trading-ideas/movers/26/02/50352483/dogecoin-slides-as-bitcoin-sells-off-whats-going-on

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Dogecoin Price History

30.00.2026 - DOGE Crypto was down 7.4%

• Meme coins like Dogecoin, Shiba Inu, and Pepe faced a downward trend by breaking below crucial support levels, mirroring a broader slump in this category of cryptocurrencies.
• Altcoins like Dogecoin, XRP, and Cardano saw their prices plummet to levels not seen since 2024, experiencing more significant declines in comparison to Bitcoin, indicating a widespread decline in the alternative coin market.
• Dogecoin's trading pattern of consolidation within a narrow range lacking a definitive catalyst for breakout signifies a lack of positive momentum, contributing to the coin's downward trajectory.
• Developments such as the ringing of the NYSE opening bell by Melania Trump to commemorate a documentary release and the peak in her official digital currency value might have shifted focus away from Dogecoin, influencing its market performance negatively.

04.01.2026 - DOGE Crypto was down 5.2%

• Dogecoin experienced a bearish movement today, likely influenced by the broader market sentiment and Bitcoin's decline.
• An announcement regarding SpaceX potentially putting DOGE on the moon by Elon Musk created initial excitement but failed to sustain a positive trend.
• The overall bearish trend in the cryptocurrency market, with Bitcoin facing selling pressure and market sentiment in extreme fear, contributed to DOGE's downward movement.
• Despite some recovery hopes and stabilizing around $0.10, DOGE's price was still affected by the prevailing bearish trend in the market.

29.00.2026 - DOGE Crypto was down 5.3%

• DOGE faced a decrease in value today amidst a broader market stability.
• The absence of a significant event to propel the price beyond the $0.1175 to $0.1287 range influenced the downward movement.
• Mention of Melania Trump's participation in the market with her unique cryptocurrency likely shifted attention and trading volume away from DOGE, impacting its performance.
• Despite the steady performance of Bitcoin and the overall increase in meme coin sector, DOGE displayed limited movement, highlighting the necessity for a substantial trigger to influence its price trajectory.

29.00.2026 - DOGE Crypto was down 7.1%

• Dogecoin experienced a strong bearish movement today, along with other altcoins like XRP and Cardano, hitting lows not seen in over a year.
• Despite Dogecoin Cash, Inc. announcing the completion of unit distribution processing, the overall market sentiment for altcoins seemed to be negative, leading to the bearish movement.
• The lack of a clear catalyst to break out of the tight consolidation range between $0.1175 and $0.1287 contributed to the downward pressure on DOGE.
• While Bitcoin remained relatively stable, the broader market strength did not translate to positive movement for Dogecoin, indicating specific challenges within the altcoin sector.

02.01.2026 - DOGE Crypto was up 6.6%

• DOGE displayed a notable bullish trend today, recovering from a challenging previous week.
• This surge in DOGE's value could be linked to a rebound following widespread panic sales and the clearing of leveraged positions, a common occurrence in markets characterized by volatility.
• Although DOGE demonstrated upward momentum, it is still consolidating within a narrow range, suggesting uncertainty and a lack of clear triggers for a significant price movement.
• The general market conditions, which include substantial losses in altcoins such as DOGE, XRP, and Cardano, indicate that investors are currently navigating a tumultuous and unpredictable environment within the cryptocurrency sector.

20.00.2026 - DOGE Crypto was down 5.0%

• The unveiling of a new mobile application by House of Doge and its merger partner possibly did not resonate well with investors, impacting the positive outlook on DOGE.
• A general decrease in meme coins like Dogecoin, Shiba Inu, and Pepe might have influenced the bearish trend of DOGE.
• Delay in the progress of a potentially beneficial Senate bill for Dogecoin could have disillusioned investors, contributing to the selling pressure on DOGE.
• A substantial outflow of $39.29M from Dogecoin revealed diminished buying interest and perpetuated the prevailing bearish sentiment in the market, exerting downward pressure on DOGE's value.

25.00.2026 - DOGE Crypto was down 5.1%

• The launch of the Dogecoin ETF on Nasdaq did not have the desired impact on DOGE's price, as the token continued its downward trend.
• Despite plans by a financial institution to offer Bitcoin and Ethereum trading to wealthy clients, the broader decline in the cryptocurrency market seemed to have a negative effect on meme coins like DOGE.
• The technical outlook for meme coins like DOGE remains bearish, indicating a challenging period for these tokens.
• The lack of institutional demand for existing ETFs and the 54% collapse in DOGE's value since September might have contributed to the bearish movement in the market today.

03.01.2026 - DOGE Crypto was down 5.2%

• Mention of DOGE possibly reaching the moon by SpaceX CEO Elon Musk initially spiked its price but was followed by a downturn in market sentiment.
• DOGE struggled to regain strength, hovering around $0.10, as meme coins like Shiba Inu and Pepe experienced bearish trends by breaking crucial support levels.
• A recent market upswing on Monday is seen as a reaction to panic selling and the clearing of leveraged positions, indicating a volatile market atmosphere.
• Noteworthy declines in altcoins such as DOGE, XRP, and Cardano, alongside Bitcoin's dip, showcase a prevailing market inclination towards established cryptocurrencies rather than meme coins.

03.01.2026 - DOGE Crypto was up 5.2%

• Dogecoin (DOGE) surged today, reaching $0.106 after a recent dip.
• The upward movement in DOGE might be linked to a rebound following panic selling and the clearing of leveraged positions by retail traders.
• Despite the negative sentiment towards meme coins like DOGE, the on-chain data indicates potential undervaluation, hinting at a possible short-term rally.
• The positive attitude towards DOGE could also be influenced by the completion of transfer agent processing and DTC participant allocation by Dogecoin Cash, Inc.

19.00.2026 - DOGE Crypto was down 7.6%

• Dogecoin (DOGE) experienced a strong bearish movement today, dropping significantly in value.
• The decline in DOGE's price can be attributed to the overall downward trend in meme coins like Shiba Inu (SHIB) and Pepe (PEPE).
• The stalled Senate bill that would have provided regulatory clarity for Dogecoin might have also contributed to the negative sentiment surrounding the cryptocurrency.
• Despite the bearish movement, an analyst sees a 30% upside potential for Dogecoin if it breaks a certain resistance level, indicating that there could still be hope for a recovery in the near future.

05.01.2026 - DOGE Crypto was down 14.5%

• DOGE plummeted by 11% as Bitcoin's collapse triggered panic selling across meme coins, with a massive outflow of $29.67 million recorded from Dogecoin.
• The bearish trend in DOGE was further exacerbated by Bitcoin hitting a 15-month low, dragging down the entire crypto market.
• Retail investors exiting the market amid a broad sell-off contributed to DOGE holding near support at $0.1000, with risk-off sentiment and weak technicals weighing on the asset.
• The extreme fear sentiment in the market, with Bitcoin trading near $76,000 and liquidations reaching $682.58 million, added to the downward pressure on Dogecoin as it moved lower alongside Bitcoin amidst rising geopolitical uncertainty.

05.01.2026 - DOGE Crypto was down 5.6%

• Dogecoin experienced a bearish movement as Bitcoin hit a 15-month low, dragging down the entire crypto market.
• The retail investors' exit amid a broad market sell-off, risk-off sentiment, and weak technicals contributed to DOGE plummeting near the $0.1000 support level.
• Market sentiment deteriorated into extreme fear, impacting not only Bitcoin but also other cryptocurrencies like Dogecoin and XRP.
• Despite Elon Musk teasing a potential moon mission for DOGE, the market sentiment and broader sell-off led to a reversal in prices for Dogecoin and other cryptocurrencies like Shiba Inu.