The worth of Dogecoin (DOGE) has signaled additional medium-term weak spot. The highest-tier memecoin fell greater than 5% over the previous 24 hours, buying and selling at round $0.1255 on Wednesday, December 17, 2025, throughout the mid-North American session.
Dogecoin worth faces a 20% decline forward of a aid rally
The dog-themed memecoin has fallen greater than 15% over the previous seven days, falling beneath a vital supporting trendline. The continued bearish sentiment for DOGE worth to date has negated the macro bull trendline established since February 2024.
Consequently, Dogecoin worth is properly positioned to say no by round 20% to retest the 2024 help degree round $0.1. The medium-term bearish sentiment for the DOGE worth is strengthened by the MACD indicator, after the MACD and sign traces dipped beneath the zero line amid rising bearish histograms.
The Memecoin trade is bleeding
Following Dogecoin’s continued weak spot because the October 11 crypto crash, the broader memecoin trade has bled. Over the previous 24 hours, the overall market cap for memecoins fell by 8% and hovered round $41.4 billion
Main memecoin initiatives led by Pudgy Penguins (PENGU), Pepe (PEPE), Shiba Inu (SHIB) and Bonk (BONK) are down greater than 15% prior to now seven days. The memecoin routine is anticipated to proceed within the coming days and probably weeks, amid the broader low bullish sentiment.
What’s subsequent for holders?
The following section for memecoins will likely be closely influenced by the prospects for crypto regulation in the USA and the mainstream adoption price from world traders. In response to a thesis by Bitwise, the crypto market will get well in 2026 after bleeding in 2025.
“Forces just like the bitcoin halving, rate of interest cycles, and crypto booms and busts fueled by leverage are weaker than in earlier cycles. Establishments like Citi, Morgan Stanley, Wells Fargo, and Merrill Lynch getting into the area, allocations to identify ETFs, and onchain builds will speed up in 2026. Professional-crypto rules will proceed to allow corporations to undertake crypto at a sooner tempo,” Bitwise stated. declared.
