Dogecoin ($DOGE) Crypto Forecast: Down 6.4% Today

What is Dogecoin?

Dogecoin (DOGE) is a popular meme cryptocurrency known for its Shiba Inu dog logo and its active community. Today, DOGE experienced a strong bearish movement in the market.

Why is Dogecoin going down?

DOGE crypto is down 6.4% on Jan 8, 2026 8:51

• Dogecoin's bearish movement today could be attributed to profit-taking by investors after a recent surge in price.
• Despite positive community news like the adoption of Sherman the German Shepherd, DOGE's price may have been affected by overall market trends.
• The surge in other meme cryptocurrencies like Shiba Inu and Pepe, outperforming DOGE, could have diverted investor attention and funds away from Dogecoin.
• The consolidation of Bitcoin and other major cryptocurrencies at key levels may have also influenced the bearish sentiment in the broader crypto market, impacting DOGE's price negatively.

DOGE Price Chart

DOGE Technical Analysis

DOGE News

Dogecoin X Account Touts 'People Power' After Community Member Overcomes Challenges And Adopts Sherman The German Shepherd

The official X account tied to meme cryptocurrency Dogecoin ( CRYPTO: DOGE ) celebrated the rescue of a German Shepherd on Wednesday after a community member was initially stopped from adopting the dog. Dogecoin credited community pressure for the release of the dog, named "Sherman."

https://www.benzinga.com/crypto/cryptocurrency/26/01/49774024/dogecoin-x-account-touts-people-power-after-community-member-overcomes-challenges-and-adopt

DOGE, SHIB Surge 30% While BTC, ETH, XRP Lag-What's Happening?

Dogecoin ( CRYPTO: DOGE ) surged 30% over four days, while Shiba Inu ( CRYPTO: SHIB ) rallied 27% in its strongest January performance since 2023, outperforming Bitcoin ( CRYPTO: BTC ) , Ethereum ( CRYPTO: ETH ) , and XRP ( CRYPTO: XRP ) .

https://www.benzinga.com/crypto/cryptocurrency/26/01/49771655/doge-shib-surge-30-while-btc-eth-xrp-lag-whats-happening

Bitcoin Holds $92,000 Ethereum, XRP, Dogecoin Consolidate At Key Levels

Bitcoin is holding near $92,000, with liquidations tallying $465.91 million over the past 24 hours. Bitcoin ETFs saw $243.2 million in net outflows on Tuesday, while Ethereum ETFs reported $114.7 million in net inflows. Michael van de Poppe said the current consolidation reflects underlying ...

https://www.benzinga.com/crypto/cryptocurrency/26/01/49748453/bitcoin-holds-92000-ethereum-xrp-dogecoin-consolidate-at-key-levels

Pepe Surged 55% In 1 Week: Why Is It Stronger Than Dogecoin, Shiba Inu?

Pepe ( CRYPTO: PEPE ) has surged about 55% over the past seven days, ranking among the top-performing cryptocurrencies and outperforming meme coin heavyweights Dogecoin ( CRYPTO: DOGE ) and Shiba Inu ( CRYPTO: SHIB ) .

https://www.benzinga.com/crypto/cryptocurrency/26/01/49734232/pepe-surged-55-in-1-week-why-is-it-stronger-than-dogecoin-shiba-inu

Dogecoin Barks Up Huge Gains as Bitcoin Climbs and Meme Coins Show Signs of Life

Dogecoin is up 17% in the last week as interest in meme coins begins to rebound as Bitcoin climbs to a monthly high.

https://decrypt.co/353749/dogecoin-huge-gains-bitcoin-climbs-meme-coins-signs-life

Trending Today

XRP ($XRP) Crypto Forecast: Down 7.3% Today

Uniswap ($UNI) Crypto Forecast: Down 8.1% Today

Dogecoin ($DOGE) Crypto Forecast: Down 6.4% Today

Algorand ($ALGO) Crypto Forecast: Down 5.3% Today

Silver ($XAG) Commodity Forecast: Down 5.1% Today

Vaulta (prev.EOS) ($A) Crypto Forecast: Down 5.1% Today

ZCash ($ZEC) Crypto Forecast: Down 6.2% Today

Aave ($AAVE) Crypto Forecast: Down 5.3% Today

Astera Labs Inc ($ALAB) Stock Forecast: Up 6.9% Today

Blink Charging Co. ($BLNK) Stock Forecast: Down 5.1% Today

Dogecoin Price History

31.11.2025 - DOGE Crypto was down 5.1%

• Dogecoin and Shiba Inu saw a 16% decrease in December, mirroring the general market volatility in the cryptocurrency sector.
• Despite a slight recovery in Bitcoin, the fragile rebound in Dogecoin, Shiba Inu, and Pepe suggests an enduring pessimistic sentiment in the market.
• Disappointment with prominent cryptocurrencies like Bitcoin and Dogecoin in 2025 has driven investors to explore other tokens that have shown substantial growth, such as the Solana-based memecoin Pippin.
• The recent emphasis by Dogecoin on businesses that do not accept DOGE payments, while whimsical, underscores the importance of broader adoption to bolster its market value.

02.00.2026 - DOGE Crypto was up 8.7%

• DOGE witnessed a notable uptrend today, aligning with the positive trajectory seen in meme-based cryptocurrencies.
• The surge in DOGE, alongside Shiba Inu and Pepe, earlier in 2026 indicates a resurgence of interest and investment in meme-inspired digital assets.
• Despite recent market turbulence, indicators from on-chain data and technical analyses reflect a steady level of investor trust in DOGE.
• The revival of DOGE, Shiba Inu, and Pepe, mirroring Bitcoin's recovery, hints at a potential change in market sentiment within the cryptocurrency sphere, albeit with some lingering fragility.

02.00.2026 - DOGE Crypto was up 9.1%

• DOGE rallied 9% in the last 24 hours, showing early bullish signals and gaining momentum in the market.
• The surge in memecoins like DOGE, Shiba Inu, and Pepe could be attributed to the overall positive sentiment in the meme coin sector.
• An announcement of expanding into cryptocurrency mining by a notable firm may have contributed to the bullish trend in DOGE and other memecoins, reflecting growing interest and investment in the crypto space.
• The buzz around meme coins and the potential for a "meme season" could have attracted traders and investors to assets like DOGE, driving up their prices.

07.00.2026 - DOGE Crypto was down 6.0%

• Despite a recent surge in Dogecoin's price, it experienced a bearish movement today, potentially linked to profit-taking by investors following significant gains.
• Pepe's price surge and its relative outperformance compared to Dogecoin may have shifted investor focus away from DOGE, impacting its market movement.
• The broader cryptocurrency market's stability, with Bitcoin maintaining its position and Ethereum attracting investments, could have also contributed to the bearish trend in Dogecoin today.
• Today's market movement for Dogecoin seems to stem from a mix of profit-taking, competition from other meme coins, and the general dynamics of the cryptocurrency market.

01.00.2026 - DOGE Crypto was up 5.0%

• DOGE's positive movement could be linked to the overall optimistic outlook in the cryptocurrency market, particularly with Bitcoin seeing slight gains and improving sentiment overall.
• Despite recent challenges and market fluctuations, indicators from on-chain data and technical analysis suggest that investor trust in DOGE remains strong, potentially contributing to today's upward movement.
• The uptick in DOGE's value may also be influenced by significant wallet investors amassing the token, displaying a renewed sense of interest and trust in the meme-based digital asset.
• Attention on DOGE potentially breaking the $0.20 mark might have driven up trading volume and fostered a favorable momentum for the cryptocurrency today.

04.00.2026 - DOGE Crypto was up 5.1%

• DOGE experienced a 9% surge within the previous 24 hours, demonstrating a robust commencement for the year 2026.
• The uptrend in DOGE is linked to the generally positive atmosphere in the memecoin sector, alongside other tokens such as Shiba Inu and PEPE also observing substantial increases.
• Observers highlight early positive signs for DOGE, with the formation of a weekly reversal candle within a crucial demand area, enticing traders and investors to the token.
• The uptick in memecoins and the excitement surrounding meme-inspired tokens suggest a potential onset of a "meme season," amplifying interest and trading activity in DOGE and related cryptocurrencies.

08.00.2026 - DOGE Crypto was down 6.4%

• Dogecoin's bearish movement today could be attributed to profit-taking by investors after a recent surge in price.
• Despite positive community news like the adoption of Sherman the German Shepherd, DOGE's price may have been affected by overall market trends.
• The surge in other meme cryptocurrencies like Shiba Inu and Pepe, outperforming DOGE, could have diverted investor attention and funds away from Dogecoin.
• The consolidation of Bitcoin and other major cryptocurrencies at key levels may have also influenced the bearish sentiment in the broader crypto market, impacting DOGE's price negatively.

18.11.2025 - DOGE Crypto was down 5.3%

• Dogecoin dropped over 4% in the past 24 hours, surpassing declines seen in major cryptocurrencies like Bitcoin and XRP.
• The market sentiment towards Dogecoin was affected by the overall weakness in the cryptocurrency market, with leading currencies like Bitcoin and Ethereum also experiencing pressure due to ETF outflows.
• In spite of positive developments such as Dogecoin's acceptance for purchases such as ice cream and hot dogs, the prevailing market trend and technical indicators indicated a potential downside risk for DOGE.
• Chart analysis confirmed the ongoing bearish movement in Dogecoin, suggesting a possible decline towards the $0.08 level, with a distinct descending trendline posing a strong resistance barrier.

18.11.2025 - DOGE Crypto was down 5.4%

• House of Doge's 2025 Shareholder Letter highlighted positive developments such as a merger and revenue strategy, but this news might not have been enough to offset the overall bearish sentiment in the market.
• The decline in DOGE price could be attributed to decreasing investor confidence and large wallet investors trimming their portfolios, leading to a reduction in DOGE supply in profit.
• Analysts noted that DOGE faced losses in line with the broader cryptocurrency market decline, indicating that external factors impacting the overall market also influenced DOGE's bearish movement.
• The news of a food truck accepting DOGE for purchases may have been a positive development for adoption, but it did not seem to have a significant impact on reversing the bearish trend in the market.

19.11.2025 - DOGE Crypto was up 5.0%

• Despite declining investor confidence and bearish positions, DOGE managed to recover and edge higher, showcasing resilience in the face of market fluctuations.
• The positive sentiment across the cryptocurrency market, coupled with strategic developments and diversified revenue strategy, likely contributed to DOGE's bullish movement.
• The decline in large wallet investors trimming their portfolios and the surge in bearish positions were overshadowed by DOGE's ability to break key support levels and recover, outperforming other cryptocurrencies like Bitcoin and XRP.
• While Bitcoin, Ethereum, and XRP faced weaknesses due to ETF outflows, DOGE's bullish movement suggests that it may have found support at a crucial level, defying broader market trends and investor sentiment.

06.00.2026 - DOGE Crypto was up 5.2%

• DOGE surged by nearly 30% over the past four days, outperforming major cryptocurrencies, indicating strong market sentiment towards meme coins.
• The rally in meme coins like DOGE, Shiba Inu, and Pepe was partly attributed to a recent event impacting Venezuela, driving up interest and investment in these assets.
• Dogecoin's extended gains for the fifth consecutive day, along with high trading volume, suggest a growing interest and momentum in the meme coin market.
• The broader crypto market movement, with Bitcoin eyeing $100,000 and Ethereum holding steady at $3,000, also contributed to the positive sentiment and bullish trend for DOGE.

06.00.2026 - DOGE Crypto was down 5.4%

• Despite the recent positive momentum and gains in the broader cryptocurrency market, Dogecoin experienced a bearish movement today.
• The bullish movement in meme coins, including Dogecoin, over the past few days could have led to profit-taking by investors, causing a temporary dip in the price.
• The overall positive sentiment in the cryptocurrency market, with Bitcoin climbing and meme coins showing signs of life, may have contributed to the recent surge in Dogecoin's price, making it susceptible to corrections.
• It's essential for investors to closely monitor market trends and news developments to make informed decisions when trading meme coins like Dogecoin.