Dogecoin Hits Multi-Month Low as Demand Continues to Fade
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 31 2025- Price Decline: Dogecoin has fallen to $0.1232, representing a 74% drop from its 2025 peak, indicating a significant decline in investor demand for the meme-based cryptocurrency, which may lead to further erosion of market confidence.
- Weak ETF Inflows: Since approval in November, Grayscale and Bitwise Dogecoin ETFs have only seen cumulative net inflows of $2 million, which is substantially lower than other altcoin ETFs, reflecting a continued decline in market interest for Dogecoin.
- Derivatives Market Signals: The weighted funding rate for Dogecoin has recently turned negative, indicating increased bearish sentiment among traders, while open interest in futures has plummeted from $5.2 billion to $1.48 billion, demonstrating a significant drop in market activity.
- Technical Indicators Signal Downside Risk: Dogecoin's price has formed a head-and-shoulders pattern and has breached the major support level at $0.1295, with analysts suggesting that a drop below the psychological mark of $0.10 could trigger further substantial long-term losses.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
