Dogecoin’s had a brutal 2025. After all the hype, memes, and those wild celebrity tweets, the coin has tanked down over 60% just this year. Sure, some diehards still hope for a comeback, but honestly, the signs point to even more pain ahead. Another 50% drop in 2026? Doesn’t sound far-fetched at all.

Here’s the thing: demand just isn’t there. Dogecoin’s best rallies were fueled by internet buzz, not real fundamentals. This year, that buzz dried up. Fewer people care, social media chatter died down, and new money keeps heading for Bitcoin, Ethereum, and projects with actual utility. Without that constant stream of excitement, Dogecoin can’t hold onto buyers.

Then there’s the supply problem. Dogecoin keeps pumping out new coins billions every year. When the market’s hot, nobody really notices. But when things slow down, all those fresh coins drag the price lower, little by little. If demand doesn’t pick up, the price just keeps slipping.

It gets worse. The whole market isn’t kind to meme coins right now. Investors are getting smarter, less willing to gamble on coins with no clear purpose. Liquidity’s tight, speculation’s down, and unless Bitcoin breaks out of its rut, meme coins like DOGE usually get hit the hardest.

Dogecoin isn’t going to vanish. It’s still got that iconic brand and a loyal fanbase. But unless something big changes like a new use case or some game-changing story it’s tough to see things turning around. In a market that’s growing up, hype alone just doesn’t cut it anymore. 2026 could be another rough ride.