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Dogecoin (DOGE), the primary dog-themed meme coin, has recorded a 14% year-to-date (YTD) progress fee in January. This comes because the asset battles to maintain its rebound strikes in its worth journey to increased heights. DOGE is at the moment up by 14.8%, based on information from Cryptorank.
DOGE’s historic January efficiency
Apparently, January has been probably the most worthwhile month for Dogecoin since its inception, boasting a mean progress fee of 85.1%. Nevertheless, since 2014, the expansion trajectory has various from yr to yr.
Dogecoin registered the very best progress fee in January of 2021, when it soared by a staggering 771.5%. The second-highest progress occurred in 2014, with 269% recorded. The following yr, 2015, noticed DOGE unable to repeat the feat, because it suffered a 25.4% decline.
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The meme coin rebounded properly in 2016 to hit near its common progress stage with a efficiency of 84.6%.
DOGE witnessed a three-year streak of poor January performances from 2017 to 2019. The asset recorded detrimental progress figures of seven.95%, 33.4% and 18.2%, respectively. This represented the longest stretch of low efficiency in January for Dogecoin.
The dog-themed coin posted inexperienced in January 2020 with 18%. Nevertheless, beginning in 2022, the token has alternated between optimistic and detrimental efficiency within the yr’s first month. In 2022, DOGE had a 17% stoop, jumped by 37.2% in 2023 and slipped once more in 2024 by 11.9%.
Thus far, in 2025, DOGE is up 14.7% to begin the yr off positively. Nevertheless, the meme coin nonetheless has over 70% to go to catch as much as DOGE’s yearly common, displaying sufficient progress bandwidth for the yr.
Can Dogecoin retest its all-time excessive?
Market analysts say that for Dogecoin’s historical past to play out once more this January, its worth has to soar between $0.62 and $0.70.
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DOGE has set the tempo already; as of writing time, it boasts a market worth of $0.33627. This means that if it reprints its January common, DOGE may retest its all-time excessive (ATH) of $0.7376, attained 4 years in the past on Could 7, 2021.
With only one week earlier than January rolls out, market watchers preserve that lots can occur with Dogecoin within the unpredictable crypto area. Elements such because the latest exchange-traded fund submitting might positively flip issues for DOGE.