Crypto

Dogecoin Continues June’s Downtrend with Over 4% Losses – Has the Worst Passed?

Comprehensive Analysis of Dogecoin’s Performance in June 2025

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June 2025: A Bearish Start for Dogecoin

Historically, June has not been kind to Dogecoin, and the trend continues in 2025. Within the first week, Dogecoin has already experienced a decline exceeding 4%, aligning with past patterns. Historical data suggests that if this trend persists, Dogecoin may face further downturns.

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4% Decline: Just the Beginning?

According to insights from the CryptoRank platform, Dogecoin’s price has dipped by 4.57% in June. However, when compared to previous years, this decline seems modest. In June 2024, Dogecoin plummeted by 21.9%, while June 2023 saw a 7.18% decrease. Going back further, June 2022 witnessed a 23.3% loss, and June 2021 recorded a 23.9% drop, even amidst a thriving crypto bull market.

Throughout its history, June has rarely brought positive outcomes for Dogecoin, with only two instances of positive monthly closes over more than a decade. The average return for June is the lowest at -7.11%, with a median return of -8.56%, second only to August’s -9.98% median returns.

Sticking to the historical average, Dogecoin’s price might edge closer to a -7% territory before the end of the month, suggesting further declines could be imminent.

Can Dogecoin Defy Historical Patterns?

The ongoing trade tensions, particularly Donald Trump’s tariffs against countries like China, continue to impact the crypto market, keeping prices subdued. Altcoins such as Dogecoin have been notably affected, risking further price drops if the market remains bearish.

However, an optimistic prediction from Coincodex’s machine learning algorithm offers a glimmer of hope. It anticipates a potential upward retracement, possibly pushing Dogecoin’s price beyond $0.21 by month’s end, marking a more than 10% increase from current levels.

Open interest for Dogecoin remains stable, hovering above $1.9 billion, as reported by Coinglass. This indicates ongoing trading interest and a slightly bullish sentiment, particularly as Bitcoin maintains a price above $100,000.

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Emma Horvath

After graduating Communication and Media Studies MA in Eötvös Loránd University, Emma started to realize that her childhood dream as a creative news reporter committed to find dynamic journalism stories. I'm a passionate journalist with a keen interest in the fast-evolving world of cryptocurrencies. I've been reporting on the latest developments in the crypto industry for several years now, covering breaking news and providing insights on how the market is trending. I'm adept at analyzing daily market movements, researching ICOs, and keeping track of the latest innovations in blockchain technology. My expertise in the space makes her a trusted voice in the crypto community. Whether it's the latest Bitcoin price movements or the launch of a new DeFi platform, I am always at the forefront, bringing her readers the most up-to-date and informative news.

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