Dogecoin Price Plunges as December Begins: Latest DOGE News, ETF Updates, and 2025

Dogecoin Price Today: How Far Has DOGE Fallen?

As December 2025 opens, Dogecoin (DOGE) is trading around $0.137–$0.138, down roughly 7–8% over the last 24 hours. Mainstream market trackers such as CoinMarketCap and ABP Live report DOGE at about $0.1372, with a 24‑hour loss near –7.8%. ^[1]

An AI‑driven market brief from AInvest similarly notes DOGE at ~$0.1368, down 6.18% on the day, about –11.5% over the last week, –24% over the last month, and –56% year‑to‑date, leaving the coin still more than 80% below its all‑time high around $0.74. ^[2]

At the same time, the global crypto market cap has slipped to roughly $2.9–$3.0 trillion, with sentiment gauges like the Crypto Fear & Greed Index sitting in “fear” territory, reflecting a risk‑off mood across digital assets. ^[3]

So what happened to Dogecoin today, and how are analysts reading the next move?

Why Is Dogecoin Down Today?

1. Market‑wide shock: the “Yearn incident” and liquidations

The Dogecoin drop is part of a broader crypto sell‑off that began in early Asian trading hours on December 1, after DeFi protocol Yearn Finance reported an “incident” involving its yETH liquidity pool. According to CoinDesk, the exploit drained millions in assets and helped trigger more than $400–$500 million in leveraged futures liquidations, mostly on long positions across major cryptocurrencies. ^[4]

Bitcoin briefly dipped toward $87,000–$86,000, Ethereum fell below $2,900, and memecoins such as DOGE, SOL and XRP slid more than 4% intraday, accelerating a downtrend that had already been building through late November. ^[5]

2. A “risky start to December” and ETF fatigue

Mainstream outlets describe a “risky start to December” after a sudden crypto crash over the weekend, with social media filled with questions like “Why is Bitcoin down?” and “Why is crypto crashing again?”. Hindustan Times notes that the exact trigger is less important than the combination of high leverage, thin liquidity, fragile sentiment and relatively weak ETF inflows into major coins. ^[6]

CoinDesk adds that U.S. spot Bitcoin ETFs saw billions in net outflows in November, while Ether products also recorded heavy redemptions—evidence that institutional appetite has cooled just as volatility returned. ^[7]

3. DOGE‑specific pressure: ETF disappointment and technical breakdown

On the Dogecoin side, a detailed market note from CoinDesk highlights three immediate headwinds: ^[8]

Key support at $0.1495 broke decisively, flipping from a “floor” into overhead resistance.
The breakdown was accompanied by roughly 1.56 billion DOGE traded in a short window—around 6.5× average daily volume—consistent with a liquidation cascade rather than a slow, retail‑led sell‑off.
Newly launched DOGE ETFs from Grayscale and Bitwise attracted only about $2.16 million in their first week, far less than bulls had hoped for, weakening the narrative that institutional demand would be an immediate game‑changer.

With DOGE now consolidating in a tight band around $0.137–$0.138, analysts warn that losing the next support near $0.1370 could open the door to the $0.135–$0.132 zone, while reclaiming the broken support around $0.142–$0.149 is the first sign that bulls are back in control. ^[9]

On‑Chain and Sentiment: Whales Step Back, Retail Steps In

A fresh on‑chain analysis from AMBCrypto paints a nuanced picture of Dogecoin’s investor base: ^[10]

Whale transactions over $1 million have dropped sharply in the last two months—from around 285 large transfers to fewer than 40, suggesting big holders are less active.
Data from CryptoQuant indicates whales are leaning more on spot accumulation than futures, while retail traders dominate futures markets with relatively small positions.
Crowd sentiment in derivatives markets is bearish, with retail “crowd” indicators showing more selling pressure, which helps explain DOGE’s sluggish price action even when the broader market has short bounces.
A few “smart money” indicators are mildly bullish, hinting that some sophisticated traders see value at current levels—but not yet enough to reverse the trend.

This divergence—cautious whales, leveraged retail, and mixed smart‑money signals—helps explain why Dogecoin keeps grinding lower rather than snapping back quickly after each dip.

ETF Momentum: From Spot DOGE Products to Leveraged 2x Exposure

Despite the rough start to December, 2025 has quietly been a milestone year for Dogecoin in traditional finance.

Grayscale Dogecoin ETF approval

In late November, derivatives exchange and news outlet WEEX highlighted that Grayscale’s Dogecoin ETF has been officially approved and is expected to start trading on the NYSE, marking one of the first large‑scale, regulated DOGE vehicles for traditional investors. ^[11]

The article frames the approval as:

A “critical milestone” for Dogecoin, offering a path to greater institutional recognition.
A potential shift in how mainstream investors view DOGE—from pure meme speculation toward a regulated, ETF‑wrapped exposure that can sit alongside stocks and bonds in portfolios.

21Shares 2x Long Dogecoin ETF (TXXD)

Separately, 21Shares launched the 21Shares 2x Long Dogecoin ETF (ticker: TXXD) on NASDAQ on November 20, 2025, offering 2× daily leverage on DOGE’s performance. ^[12]

Key details:

Inception date: November 20, 2025
Objective: Provide 200% of Dogecoin’s daily performance (before fees and expenses).
Fee: 1.89%
Developed in partnership with House of Doge, the official corporate arm of the Dogecoin Foundation, underscoring a push to integrate DOGE into real‑world payments and merchant adoption. ^[13]

Leveraged ETFs like TXXD are high‑risk, short‑term trading tools, not usually intended for long‑term buy‑and‑hold investors. But their very existence highlights how far Dogecoin has come from its meme origins—and it may amplify volatility around key price levels.

Short‑Term Technical Outlook for DOGE Price

Breakdown now, but possible macro bullish structure

Indonesian exchange Pintu published a same‑day note titled “Dogecoin Plunges 6% Today — But Monthly Structure Hints at Possible Bullish Rebound.” ^[14]

Their analysts argue that:

DOGE’s 24‑hour drop of about 6.85% to ~$0.1385 is painful but still fits inside a long‑term logarithmic growth channel that dates back to 2014.
Historically, Dogecoin has moved in macro cycles of long accumulation followed by explosive rallies, such as the 2017 and 2021 surges.
Current price action appears to be entering a new “projection zone” within that channel, which—if history rhymes—could precede a sharp rally sometime around 2026, possibly toward the upper boundary of the channel.
On‑chain cost‑basis heatmaps show heavy accumulation near $0.08 and significant resistance around $0.20, reinforcing the idea that $0.08 is a long‑term “line in the sand” for bulls, while $0.20 is a major ceiling that needs strong momentum to break.

Triple accumulation and the $0.80 dream

Brave New Coin’s independent analysis of Dogecoin’s “triple accumulation pattern” reaches a similar conclusion, projecting that DOGE could: ^[15]

Trade somewhere in the $0.168–$0.20 range in 2025, assuming liquidity conditions stabilize.
Potentially reach an average of $0.75–$0.85 by 2030 in optimistic scenarios, with some outlier models pointing higher if adoption and ETF demand surprise to the upside.

Pintu and other analysts (including Trader Tardigrade and Bitcoinsensus, frequently cited across today’s reports) go even further, suggesting hypothetical spikes toward $0.80 in the next cycle and the possibility of new all‑time highs above $1 by 2030, if DOGE continues to respect its historical growth channel and memecoin cycles remain intact. ^[16]

Dogecoin Price Predictions 2025–2030: What Analysts Are Saying Now

Forecasts are all over the map, but several updated or recently referenced models give a sense of the current narrative range.

Important: All of these are speculative models, not guarantees. Crypto markets are highly volatile.

Moderately bullish, data‑driven ranges

Finder panel via Changelly – A panel of industry experts collated by Finder, summarized by Changelly, expects DOGE to reach about $0.33 by the end of 2025 and around $0.75 by 2030, assuming continued meme‑coin relevance and gradual adoption. ^[17]
YouHodler / DigitalCoinPrice composite – Aggregated forecasts suggest:
- $0.21 average in 2025
- $0.37 average in 2026
- $0.50 average in 2027
- $0.79 average in 2030 ^[18]
Brave New Coin – As noted above, they frame 2025 in the $0.168–$0.20 band, with 2030 in the $0.75–$0.85 range under favorable liquidity and regulatory conditions. ^[19]

These “middle‑of‑the‑road” outlooks assume no catastrophic regulatory shock and steady, but not explosive, adoption.

Conservative and scenario‑based forecasts

Benzinga’s 2026 range – In a recent forecast, Benzinga notes that 2026 DOGE targets vary widely:
- Bearish case: around $0.145
- Average case: about $0.183
- Bullish case: up to $0.249 if social‑media hype and adoption continue. ^[20]
Several major exchanges (e.g., Binance, Coinbase, Kraken) host interactive calculators that default to modest assumptions such as 5% annual growth, which produce 2026 prices around $0.14–$0.16 and 2030 prices under $0.20 in baseline scenarios—essentially saying that without another mania phase, DOGE might underperform the wildest community hopes. ^[21]

Highly bullish, community‑driven scenarios

On the other end of the spectrum are retail‑focused platforms and community analysts who still see DOGE as a potential multibagger:

Flitpay (Oct 2025) projects that, under very favorable conditions (wider adoption, X/Twitter payment integration, pro‑crypto U.S. policy), DOGE could reach: ^[22]
- $1.58 max in 2025 (average $0.25)
- $2.80 max in 2026 (average $0.73)
- Around $5.03 max in 2030, with average near $4.63
- Long‑term ranges of $5–$10 by 2040 and $20–$50 by 2050 in extreme bullish scenarios.
Pintu’s synthesis of chartists like Trader Tardigrade envisions a powerful wave in 2026, potentially sending DOGE toward $0.80 and beyond, if its historical accumulation‑then‑spike pattern repeats once again. ^[23]

These upper‑bound forecasts rely heavily on:

A resurgence of meme‑coin euphoria
Ongoing celebrity interest
Successful integration into payments, micro‑transactions, and potentially social platforms

None of that is guaranteed—but it is what keeps speculative interest alive, even after brutal drawdowns like today’s.

Key Risks and Catalysts for DOGE Going Into 2026

Main catalysts to watch

Bitcoin’s next move
DOGE’s correlation with Bitcoin remains high (various analyses note correlations >0.8 between BTC and major altcoins, including Dogecoin). ^[24]
- A sustained Bitcoin recovery toward or beyond $100,000, as some analysts still project, would likely pull DOGE up with it. ^[25]
- Continued ETF outflows and macro uncertainty could keep all risk assets, DOGE included, under pressure.
ETF flows into new DOGE products
- Grayscale’s spot DOGE ETF and leveraged products like TXXD add new on‑ramps for capital.
- However, early data on DOGE ETFs shows muted inflows—just over $2 million in the first week, far below expectations, which dampens the immediate bull case. ^[26]
On‑chain activity and whale behavior
- If whale transactions and smart money positioning turn decisively bullish, that could foreshadow a trend reversal.
- Persistent retail‑only futures speculation and declining whale interest would keep DOGE vulnerable to sharp flushes like today’s. ^[27]
Regulation and macro policy
- The SEC’s upcoming discussions on crypto privacy, ETF frameworks, and broader regulation, alongside Fed policy on interest rates and liquidity, will shape the risk environment for all crypto assets, Dogecoin included. ^[28]
Competition from newer meme coins
- Stories like the “Maxi Doge” token surging more than 100% during a crash underline how attention can shift quickly to newer narratives, even while DOGE remains the category leader by market cap. ^[29]

Main risks

High volatility and leverage – Leveraged ETFs and derivatives can amplify both gains and losses.
Narrative fatigue – If Elon Musk, social networks, and mainstream culture move on, DOGE could lose the meme momentum that historically drove its biggest rallies.
Lack of “hard” fundamentals – While adoption is growing, Dogecoin still has fewer clear use‑case moats than some layer‑1 and DeFi projects, leaving it highly dependent on sentiment cycles. ^[30]

Practical Takeaways for Traders and Long‑Term Holders

Nothing in today’s tape action is comfortable for DOGE bulls: support has broken, ETFs have underwhelmed, and macro conditions are shaky. At the same time, long‑term technical and cycle‑based models still argue that Dogecoin remains in a broad accumulation phase within a multi‑year uptrend channel.

For short‑term traders, the key levels highlighted across today’s analyses are: ^[31]

Immediate support: around $0.1370, then $0.135–$0.132
Near‑term resistance: $0.138–$0.142, then the former support at $0.1495
Macro zones: strong support around $0.08, major resistance around $0.20

For long‑term holders (or would‑be accumulators):

Today’s price is far below the 2021 peak, but also deep within the high‑risk, high‑volatility zone where drawdowns of 50–70% are common.
Forecasts for 2025–2030 span everything from sub‑$0.20 to multi‑dollar targets, underscoring that uncertainty is enormous, even among professionals. ^[32]

Disclaimer: This article is for informational and educational purposes only and does not constitute financial or investment advice. Cryptocurrency investing is highly speculative and involves substantial risk, including the possible loss of your entire investment. Always do your own research and consider consulting a licensed financial advisor before making investment decisions.