Dogecoin ($DOGE) Crypto Forecast: Down 5.0% Today

What is Dogecoin?

DOGE (Dogecoin) is a popular cryptocurrency known for its Shiba Inu dog meme branding. The market for cryptocurrencies is highly volatile and influenced by various factors such as celebrity endorsements and market trends.

Why is Dogecoin going down?

DOGE crypto is down 5.0% on Jun 24, 2026 15:56

• The bearish movement in DOGE today could be attributed to profit-taking by investors after a period of price increase.
• Elon Musk's mention of holding "some" Dogecoin may have led to increased selling pressure as traders reacted to his ambiguous statement.
• Mention of Pepeto staking at 170% APY and BNB price prediction targeting $10,000 may have shifted investor focus away from DOGE, impacting its price negatively.
• Overall, the bearish movement in DOGE today seems to be a combination of profit-taking, Elon Musk's comments, and shifting investor interest towards other cryptocurrencies with promising developments.

DOGE Price Chart

DOGE Technical Analysis

DOGE News

Dogecoin Shares 3 Things Are Guaranteed: 'Death, Taxes And A Giant DOGE' Provided You Pay Your Dues To Th

Dogecoin quoted a Dexerto report on how players of the popular game, "Final Fantasy 14," in Japan can now receive a Shiba Inu mount for redirecting a portion of their income taxes to a municipality rather than to the central government.

https://www.benzinga.com/crypto/cryptocurrency/26/06/53295754/dogecoin-says-death-taxes-and-a-giant-doge-are-guaranteed-if-you-pay-your-dues

Elon Musk, The World's First Trillionaire, Holds Bitcoin And 'Some' Dogecoin - 'Let That Sink In,' Says P

In an X post, Martinez paired a line drawing of Musk with the Bitcoin logo, with the caption, "The world's first TRILLIONAIRE owns Bitcoin. Let that sink in." Details about Musk's personal BTC holdings remain sketchy. Back in 2020, he revealed he had only 0.25 BTC, but there has been no clear ...

https://www.benzinga.com/crypto/cryptocurrency/26/06/53267908/elon-musk-holds-bitcoin-and-some-dogecoin-let-that-sink-in-says-analyst

Crypto News: Pepeto Staking at 170% APY as the BNB Price Prediction Targets $10,000 After CZ Calls a Super Cycle

The biggest crypto news this week is Pepeto, which just turned on 170% APY staking with presale numbers too big to ignore. The raise has crossed $10.28 million, a Binance developer is building the exchange, and the cofounder behind the original $7 billion Pepe token leads the project.

https://markets.businessinsider.com/news/stocks/crypto-news-pepeto-staking-at-170-apy-as-the-bnb-price-prediction-targets-10-000-after-cz-calls-a-super-cycle-1036257975

Crypto News: Pepeto Staking at 170% APY as the BNB Price Prediction Targets $10,000 After CZ Calls a Supe

DUBAI, United Arab Emirates, June 17, 2026 ( GLOBE NEWSWIRE ) -- BNB and Dogecoin are both signaling something big, and the BNB price prediction behind it could reshape this cycle.

https://www.benzinga.com/pressreleases/26/06/g53264848/crypto-news-pepeto-staking-at-170-apy-as-the-bnb-price-prediction-targets-10-000-after-cz-calls-a-

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Dogecoin Price History

04.05.2026 - DOGE Crypto was down 5.1%

• Dogecoin's bearish movement could be attributed to the lack of significant positive catalysts.
• Despite the integration of Dogecoin into Paxos' platform and the 'McDogenalds' Happy Meal tease, these events may not have been strong enough to drive buying interest and reverse the bearish trend.
• The market sentiment towards cryptocurrencies, in general, might have played a role in DOGE's decline, especially with signs of slowing crypto adoption.
• Traders and investors may be awaiting more substantial developments or positive news to spark a bullish reversal in DOGE's price movement.

24.05.2026 - DOGE Crypto was down 5.0%

• The bearish movement in DOGE today could be attributed to profit-taking by investors after a period of price increase.
• Elon Musk's mention of holding "some" Dogecoin may have led to increased selling pressure as traders reacted to his ambiguous statement.
• Mention of Pepeto staking at 170% APY and BNB price prediction targeting $10,000 may have shifted investor focus away from DOGE, impacting its price negatively.
• Overall, the bearish movement in DOGE today seems to be a combination of profit-taking, Elon Musk's comments, and shifting investor interest towards other cryptocurrencies with promising developments.

18.05.2026 - DOGE Crypto was down 5.3%

• Despite an influential figure's association with cryptocurrencies, the market sentiment towards DOGE was bearish, indicating that individual endorsements may not always dictate market movements.
• The news of Pepeto staking at a high APY and BNB price prediction targeting $10,000 did not seem to positively impact DOGE, suggesting that specific developments within other cryptocurrencies did not translate to gains for DOGE.
• Even with optimistic price predictions for DOGE by crypto analysts, the failure to hold key support levels resulted in the bearish movement, highlighting the importance of technical analysis in cryptocurrency trading.
• The lack of a significant pump in DOGE despite a speculated trillionaire status of a well-known figure and the success of a private aerospace company indicates that market dynamics for cryptocurrencies are influenced by a complex interplay of factors beyond just celebrity endorsements and company performance.

13.04.2026 - DOGE Crypto was up 5.0%

• The upgrade to the MyDoge wallet with new DeFi features created anticipation and excitement among DOGE holders, potentially driving up demand for the token.
• The positive sentiment around Dogecoin being touted as the "next generation of memecoin" could have attracted more investors and traders to the market, contributing to the bullish movement.
• Despite warnings of a short-term recovery rally, the overall positive news and developments around Dogecoin may have instilled confidence in investors, leading to the surge in price.
• The continued institutional accumulation through ETF inflows, despite a minor pullback, indicates growing interest and confidence in DOGE's long-term potential, supporting its bullish momentum.

12.05.2026 - DOGE Crypto was up 6.8%

• Despite recent price declines and a detachment from a prominent figure's influence, Dogecoin experienced a notable increase in value.
• The DOGE Foundation's focus on real-world application rather than speculation may have fueled the recent positive sentiment around the cryptocurrency.
• Large holders acquiring more than 200 million DOGE tokens during a period of price weakness suggests confidence in its future prospects.
• A promotion tied to the World Cup, featuring Shiba Inu-themed jerseys, likely played a part in reigniting interest and investment in Dogecoin.

15.05.2026 - DOGE Crypto was up 5.1%

• Dogecoin saw a bullish movement today following the news of Dogecoin Cash filing a utility patent for blockchain infrastructure to enhance Dogecoin usability, leading to increased investor confidence in the token's future prospects.
• The announcement of Dogecoin Cash's patent filing highlighted the ongoing development and innovation within the Dogecoin ecosystem, attracting positive attention and potentially driving up demand for DOGE.
• Additionally, the buzz around Dogecoin's involvement in events like the FIFA World Cup and its community engagement initiatives may have contributed to a positive sentiment around the token, further fueling its upward price momentum.
• Overall, the combination of technological advancements, community activities, and positive market sentiment likely played a role in Dogecoin's bullish movement today.

11.05.2026 - DOGE Crypto was up 5.1%

• Dogecoin saw a strong bullish trend despite recent price drops, raising questions about its utility versus speculative nature.
• The acquisition of over 200 million DOGE tokens by large holders and the introduction of DOGE Pay for transactions at numerous merchants likely influenced the positive market sentiment.
• The reduced emphasis on Elon Musk's impact on DOGE's price fluctuations could suggest a market maturation and a focus on practical applications.
• The community's active involvement in enhancing Dogecoin's utility and reach may bode well for its long-term sustainability and adoption.

18.04.2026 - DOGE Crypto was down 5.3%

• Despite a prominent Wall Street macro strategist's optimistic perspective on DOGE, the market sentiment did not align, leading to the observed bearish movement.
• Efforts to reposition DOGE as a legitimate digital currency were met with market skepticism today, indicating ongoing difficulties in reshaping its image from a meme-centric coin.
• Market-wide pressures, exemplified by Bitcoin's decline and influential PPI data influencing rate cut expectations, likely played a role in the downward trajectory of DOGE.
• The market's focus on the imminent wallet upgrade for DOGE incorporating DeFi functionalities did not offer sufficient support against prevailing negative sentiment, contributing to the current downward trajectory.

02.05.2026 - DOGE Crypto was down 5.3%

• Dogecoin's bearish movement could be attributed to the overall sentiment in the cryptocurrency market, with investors possibly taking profits or adjusting their positions.
• The integration of Dogecoin into Paxos' brokerage and custody platform may have provided a new pathway for evaluation, but this development might not have been strong enough to offset the broader market trend.
• The playful tease of a 'McDogenalds' Happy Meal by Dogecoin, while entertaining, may not have had a direct impact on the token's price movement.
• Analysts suggesting Dogecoin as a 'buy' amidst the integration with Paxos could be a positive sign for the future, but short-term market dynamics seem to have influenced today's bearish movement.

23.05.2026 - DOGE Crypto was down 5.5%

• Players in Japan receiving a Shiba Inu mount for redirecting their income taxes to a municipality instead of the central government might have drawn focus away from DOGE, impacting its market movement negatively.
• Elon Musk revealing his holdings of Bitcoin and "some" Dogecoin, alongside speculation about him potentially becoming the world's first trillionaire, could have inadvertently shifted attention away from DOGE, contributing to a bearish trend.
• The excitement surrounding Pepeto staking at 170% APY and predictions of BNB reaching $10,000 may have diverted investor interest from DOGE, resulting in a decrease in its value.
• The increase in SpaceX's stock price and the acquisition of Cursor, both associated with Elon Musk, might have overshadowed DOGE in the market, playing a part in its bearish movement today.

16.04.2026 - DOGE Crypto was down 5.1%

• The founder of DogeOS mentioned that DOGE is evolving beyond memes to become a 'people's currency,' indicating a shift towards more serious utility. However, this positive sentiment did not seem to translate into market performance today.
• The hot PPI data impacting Bitcoin and other cryptocurrencies may have contributed to the bearish trend in DOGE, as market expectations for rate cuts were weakened.
• Despite anticipation around upgrades and new features in DOGE's wallet, the market movement today suggests that these developments may not have been enough to offset broader market factors.
• While Dogecoin is often touted as the 'next generation of memecoin,' the failure to capitalize on its initial surge in interest and liquidity could be a factor in today's bearish movement.

23.04.2026 - DOGE Crypto was down 7.1%

• A decision to sell a significant portion of Bitcoin by a well-known investor could have impacted investor sentiment towards alternative coins like DOGE.
• Despite a positive outlook on Dogecoin from a Wall Street strategist, the overall market conditions and the aforementioned investor's actions may have dampened any potential bullish momentum for DOGE.
• The expression of disappointment in Bitcoin by a prominent figure, combined with market uncertainty, could have prompted a sell-off in DOGE as investors looked for safer assets.
• Although there was noted retail interest in Dogecoin, the bearish movement in the market today suggests that external factors, such as influential investors' actions, play a significant role in the price dynamics of cryptocurrencies like DOGE.