{"id":1998,"date":"2025-04-01T11:54:00","date_gmt":"2025-04-01T10:54:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=1998"},"modified":"2025-04-01T11:48:33","modified_gmt":"2025-04-01T10:48:33","slug":"dogecoin-plummets-46-will-it-mirror-2018-crash","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/dogecoin-plummets-46-will-it-mirror-2018-crash\/","title":{"rendered":"Dogecoin Plummets 46% in Months : Will It Mirror the 2018 Crash ?"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"a-remake-of-the-2018-fall-for-dogecoin\"><strong>A Remake of the 2018 Fall for Dogecoin ?<\/strong><\/h2>\n\n\n\n<p>After making impressive gains in 2022, reaching historical highs, <a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/buy\/dogecoin\"><strong>Dogecoin<\/strong> (DOGE)<\/a> seems to have lost some of its momentum at the beginning of 2023. According to Cryptorank data, the largest <strong>memecoin <\/strong>has indeed recorded a decline of nearly <strong>46%<\/strong> in the first quarter, its <strong>worst performance <\/strong>during this period <strong>in 7 years.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Could <a href=\"https:\/\/twitter.com\/hashtag\/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Dogecoin<\/a> pullback to $0.3ish level before surging to $3?<br>By comparing the two cycles from 2018-2021 and 2021-2025, <a href=\"https:\/\/twitter.com\/search?q=%24Doge&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$Doge<\/a> is moving in a very similar pattern.<br>And&#8230; it did experience a significant pullback before the pump. \ud83d\ude80 <a href=\"https:\/\/t.co\/AyvEbiFvpH\">pic.twitter.com\/AyvEbiFvpH<\/a><\/p>&mdash; Trader Tardigrade (@TATrader_Alan) <a href=\"https:\/\/twitter.com\/TATrader_Alan\/status\/1860958108601966599?ref_src=twsrc%5Etfw\">November 25, 2024<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>This collapse echoes the <strong>crash suffered by DOGE in 2018<\/strong>, when the crypto had lost nearly 69% of its value in the first three months of the year. At that time, the decline had continued into the second quarter <strong>(-11.5%)<\/strong>, before a spectacular rebound in the third <strong>(+138%).<\/strong> A pattern that current<a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/\"> investors<\/a> fear might repeat itself.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"a-last-hope-for-doge\"><strong>A Last hope for DOGE<\/strong><\/h2>\n\n\n\n<p>Despite this severe correction, crypto analyst Ali Martinez notes that <a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/dogecoin-reserve-analyzing-price-impact-doge\/\">Dogecoin<\/a> continues to hold above the lower boundary of its ascending channel. According to him, an increase in demand at this level could propel DOGE towards the middle or upper range, which includes levels between <strong>4 and 7 dollars.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">\ud83d\udca1  DOGE at the end of Q3 2024 vs DOGE at the end of Q1 2025  <a href=\"https:\/\/twitter.com\/hashtag\/sanki?src=hash&amp;ref_src=twsrc%5Etfw\">#sanki<\/a> <a href=\"https:\/\/t.co\/I1M1N8iM0J\">https:\/\/t.co\/I1M1N8iM0J<\/a> <a href=\"https:\/\/t.co\/QVFhDqLWdO\">pic.twitter.com\/QVFhDqLWdO<\/a><\/p>&mdash; Master Kenobi (@btc_MasterPlan) <a href=\"https:\/\/twitter.com\/btc_MasterPlan\/status\/1906475534810230911?ref_src=twsrc%5Etfw\">March 30, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>On the other hand, trader Tardigrade believes that Dogecoin may have already hit its lowest point, drawing on precedents from September 2024. A scenario that could herald a <strong>bullish reversal<\/strong> for the memecoin. Analyst Master Kenobi shares this view, anticipating a new breakout similar to the one observed at the same time last year.<\/p>\n\n\n\n<p>At the time of writing, <strong>Dogecoin <\/strong>is <a href=\"https:\/\/preprod.investx.fr\/en\/trading\/\">trading<\/a> around <strong>0.17 dollars,<\/strong> up 2% over the last 24 hours. After starting 2023 on a positive note (<strong>+4%<\/strong> in January), the token quickly plunged in February (-<strong>38.5%<\/strong>) and continues to lose ground in March (<strong>-17.5%<\/strong>).<\/p>\n\n\n\n<p>A bleak picture, reminiscent of the bearish episodes of 2018. Will Dogecoin <strong>manage to bounce back<\/strong> as it did 5 years ago? The next steps are crucial for the future of the largest <strong>memecoin <\/strong>in the industry.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"should-you-buy-dogecoin-now\">Should you buy Dogecoin Now ?<\/h2>\n\n\n\n<p>If <strong>DOGE <\/strong>manages to reclaim the <strong>0.22 dollar resistance,<\/strong> hopes for a new bullish momentum can return. However, to trigger a significant uptrend, it must especially regain its 200-day moving average at <strong>0.255 dollar<\/strong>. This represents a <strong>50% increase<\/strong>. Additionally, the <strong>Ichimoku <\/strong>indicates a buy signal, with invalidation below <strong>0.14 dollar.<\/strong><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"1024\" height=\"676\" src=\"https:\/\/preprod.investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/04\/DOGEUSDT_2025-04-01_09-02-24-1024x676-1.jpg\" alt=\"Dogecoin DOGE price chart on 1D\" class=\"wp-image-2014\" srcset=\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/DOGEUSDT_2025-04-01_09-02-24-1024x676-1.jpg 1024w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/DOGEUSDT_2025-04-01_09-02-24-1024x676-1-300x198.jpg 300w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/DOGEUSDT_2025-04-01_09-02-24-1024x676-1-768x507.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p>Here is a practical guide to <strong>buy DOGE<\/strong> on the <strong>Weex <\/strong>platform:<\/p>\n\n\n\n<ol start=\"1\" class=\"wp-block-list\">\n<li><strong>Create a Weex account<\/strong><br>Visit <a href=\"https:\/\/www.weex.com\/newbieActivities?id=520&amp;type=BEGINNER_TASK&amp;vipCode=ku3x\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Weex&#8217;s official website<\/a> and sign up with your email or phone number. Validate your registration.<\/li>\n\n\n\n<li><strong>Verify your identity (KYC)<\/strong><br>Complete the KYC verification by submitting an ID document and, if required, proof of address. This quick step is essential to unlock all features.<\/li>\n\n\n\n<li><strong>Add funds<\/strong><br>In &#8220;Deposit&#8221;, top up your wallet with cryptos (USDT, BTC, etc.) or via fiat (bank transfer, card, subject to availability).<\/li>\n\n\n\n<li><strong>Access the market<\/strong><br>Go to &#8220;Trading Spot&#8221;, type &#8220;DOGE&#8221; in the search bar, and select the DOGE\/USDT pair to open the trading interface.\n<ul class=\"wp-block-list\">\n<li><strong>Make the purchase<\/strong><br>Opt for a market order for an immediate purchase or a limit order to set a specific price. Enter the desired quantity of DOGE, verify, and confirm.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.weex.com\/newbieActivities?id=520&amp;type=BEGINNER_TASK&amp;vipCode=ku3x\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Earn 50 USDT in a few clicks<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>More on this topic :<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/trump-family-teams-up-hut-8-american-bitcoin\/\">Trump Family teams up with Hut 8 : Introducing American Bitcoin !<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/unveiling-blombard-how-to-buy-crypto\/\">Unveiling Blombard : How to Purchase and Participate in the Latest Crypto Craze !<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/buy\/shiba-inu\">How to Buy Shiba Inu: SHIB Price, Exchange Comparison, Step-by-Step Guide<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin faced a challenging first quarter of 2023, with a nearly 46% decline. This performance echoes the cryptocurrency&#8217;s worst start in 2018. Will investors anticipate a similar scenario in the coming months?<\/p>\n","protected":false},"author":32,"featured_media":1993,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"doge","_yoast_wpseo_title":"Dogecoin Price Drops 46% : Is a 2018-Style Collapse Coming ?","_yoast_wpseo_metadesc":"Don't miss out! Is Dogecoin set for another 2018 disaster after plunging 46% in Q1? Stay informed and make wise moves now.","footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[11,10],"tags":[],"class_list":["post-1998","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dogecoin Price Drops 46% : Is a 2018-Style Collapse Coming ?<\/title>\n<meta name=\"description\" content=\"Don&#039;t miss out! Is Dogecoin set for another 2018 disaster after plunging 46% in Q1? 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Is Dogecoin set for another 2018 disaster after plunging 46% in Q1? 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