If buyers determine to worth Dogecoin like different meme cash, be careful.
2025 has been a completely dreadful 12 months for Dogecoin (DOGE +2.37%). The world’s prime meme coin is down an eye-popping 60% for the 12 months.
Issues may get a lot worse for Dogecoin in 2026. I predict that the worth of DOGE will sink to underneath a penny subsequent 12 months, and here is why.
If historical past is any information…
First, let’s take a look at the long-term chart for Dogecoin. Whereas the meme coin launched in December 2013, it was not till January 2021 that it lastly broke by way of the penny barrier.
Right now’s Change
(2.37%) $0.00
Present Worth
$0.13
Key Knowledge Factors
Market Cap
$22B
Day’s Vary
$0.12 – $0.13
52wk Vary
$0.12 – $0.43
Quantity
2B
Admittedly, as soon as it did, Dogecoin went on an epic rally, finally hitting an all-time excessive of $0.74 in Could 2021. Alongside the best way, some buyers turned crypto millionaires — possibly not in a single day, however definitely throughout the span of mere weeks.
Nevertheless, ever since Could 2021, Dogecoin has largely been trending down. It is now buying and selling 82% under its all-time excessive, and nothing appears to transfer the needle a lot anymore.
In late 2024, there was hype and buzz about Elon Musk — a noteworthy supporter of Dogecoin in the previous — becoming a member of the brand new pro-crypto Trump administration. The hype practice went into overdrive when Musk formally launched the Department of Government Efficiency (DOGE) in early 2025. However the place did all that lead? This has been a 12 months to neglect for Dogecoin buyers.
What if buyers determine to worth Dogecoin like different meme cash?
Bear in mind: Dogecoin is a meme coin, backed by nothing greater than hype, hypothesis, and buzz. It is all concerning the vibes. So what if buyers begin to lose their optimistic vibes, and determine to worth Dogecoin like different dog-themed meme cash?
Picture supply: Getty Photos.
For instance, take into account Dogecoin’s nearest rival, Shiba Inu (SHIB +2.80%). This dog-themed meme coin at the moment has a market cap of $4.5 billion. Is there any good motive why Dogecoin — at the moment valued at $20 billion — ought to be value 4-5 occasions the worth of Shiba Inu? In all probability not.
Let’s assume that buyers get up someday and determine to worth Dogecoin similar to Shiba Inu. Given Dogecoin’s large circulating provide of 152 billion cash, that means a worth of $0.03 for Dogecoin — not fairly a penny, however getting there.
Let’s go one step additional and assume that buyers determine to worth Dogecoin similar to Bonk (BONK +0.00%), the third-largest dog-themed meme coin. The market cap of Bonk is a comparatively tiny $715 million. So, once more, if you happen to take Dogecoin’s circulating provide of 152 billion cash, that leads to an implied worth of $0.004 for Dogecoin.
That is the way you get to Dogecoin falling to underneath a penny. If buyers determine that Dogecoin ought to be valued like a second- or third-tier meme coin, then it is almost inevitable.
That is particularly the case since there is no such thing as a arduous cap on the whole circulating provide of Dogecoin. On CoinMarketCap, the utmost lifetime provide of Dogecoin is solely listed because the infinity image.
If the coin provide ever soars previous the present degree of 152 billion, there isn’t any telling how low the worth of Dogecoin would possibly go. It is simply easy provide and demand at that time.
Meme cash are the crypto model of penny shares
Meme cash are usually not long-term investments, and had been by no means designed to be. They’re the crypto market’s model of penny stocks. Certain, they will get pumped up to unsustainable valuations, however ultimately, they at all times come crashing again to earth.
Do your self a favor: Get out of DOGE now when you can. By 2026, it could already be too late. Dogecoin may go to a penny, and from there, the underside might actually fall out.
