Dogecoin DOGEUSD, the king of meme cash, is on a bullish rally, with its worth persevering with to rise. This growth has positioned DOGE to interrupt a bearish pattern that has trailed the meme coin for the final six years. The meme coin is up by a staggering 53% in its quarterly efficiency.
Dogecoin’s worth holds robust as merchants eye $0.30
Cryptorank knowledge reveals that during the last six years, Dogecoin has constantly carried out poorly in the third quarter (Q3) of yearly.
Notably, in 2019, DOGE closed Q3 by a 28.9% decline in worth worth. The asset has maintained a streak of losses from 2021 to 2024, closing in the crimson zone by 18%, 7.14%, 6.80% and eight.26%, respectively.
Nevertheless, the present momentum of Dogecoin in the cryptocurrency market is positioning it to beat that bearish pattern.
Within the first month of Q3, 2025, DOGE has already jumped by over 47% and stays on a bullish path. If the present momentum continues, it’d set a brand new report for the dog-themed meme coin.DOGE Quarterly Returns | Supply: Cryptorank”>
As of this writing, DOGE worth was buying and selling at $0.2471, representing a 1.07% enhance during the last 24 hours. The meme coin had earlier traded at a peak of $0.2566. The ecosystem’s merchants are actually eyeing a doable breakout that would flip the $0.27 resistance stage.
A surge in quantity might see the meme coin climbing to new heights. The buying and selling quantity presently stands at $6.03 billion, a 1.64% enhance inside this era.
Open curiosity soars as bullish sentiment builds
In the meantime, if Dogecoin can clear the $0.27 resistance amid growing quantity, the meme coin might try and retest $0.30. Initially of the week, DOGE merchants elevated their speculative exercise across the asset. Its open curiosity surged as traders dedicated $2.83 billion in the meme coin.
In all of those, traders can be hoping that the worth of DOGE isn’t impacted by crypto market volatility. For now, the bullish experience is thrilling to market individuals.