Dogecoin, which started as a joke cryptocurrency in 2013, has grown into a mainstream digital asset with a market value of about $22 billion, accounting for nearly half of the $44 billion meme coin market.

Dogecoin experienced several rounds of increases from late summer to early autumn, but recent momentum has weakened. According to the AI analysis platform DeepSeek, its price may show divergent trends:

  • Bearish Scenario: It could potentially adjust downward to around $0.03, representing a potential drop of about 77% from the current price of approximately $0.1318.

  • Bullish Scenario: If a breakout occurs, it could aim for parity with the US dollar ($1), representing a potential increase of about 650% from current levels.

Dogecoin's historical highest price of 0.7316 USD was born during the retail frenzy of 2021, while the long-term market attention on the '1 USD' target has yet to be realized.图片

🌍 Application scenarios continue to expand

Despite price fluctuations, Dogecoin is steadily advancing in practical application:

  • Tesla has accepted DOGE as a payment method for some products;

  • Mainstream payment platforms such as PayPal and Revolut have supported its transactions;

  • Its use in small tips and community incentives is gradually increasing.

From 'joke coin' to an asset with actual application scenarios, the development path of Dogecoin remains unique in the crypto market. Whether it can find a more solid balance between price and practical value in the future remains a focus of market attention.