- Historically, June is Dogecoin’s worst month, with average returns around -7.11%.
- So far, DOGE is down 4.57% this June, but it may not be done dropping yet.
- Still, machine learning forecasts a potential bounce to $0.21 by month’s end.
So far, June hasn’t been too kind to Dogecoin—and honestly, that’s kind of expected at this point. Historically, this month just doesn’t vibe well with the meme coin, and June 2025 looks like it’s following the same pattern. In just over a week, Dogecoin’s already dropped more than 4%, and if the trend keeps doing its thing, we might not be anywhere near the bottom yet.
More Red Days Could Be Coming
According to stats from CryptoRank, Dogecoin is down 4.57% so far this month. And while that stings, it’s actually on the low side compared to how bad June has been in past years. Take June 2024, for example—that one saw a brutal 21.9% drop. And let’s not forget June 2022 and 2021, where the coin tanked more than 23% both times, even when the rest of the market was feeling bullish. Ouch.
Looking back, Dogecoin has only closed June in the green two times in its entire history. Its average return for this month sits at a depressing -7.11%, with a median return of -8.56%. Basically, June just isn’t it for DOGE. If that average plays out again, the coin could be heading toward a total 7% dip before July even gets here.
Is There Still Hope for a Bounce?
Now, despite all the doom-and-gloom history, there might be a silver lining. Trump’s ongoing tariff war (yeah, still going) is shaking the markets, dragging altcoins like Doge with it. But interestingly, Coincodex’s machine learning model sees a shot at a turnaround. It’s predicting DOGE could claw its way back up to $0.21 before the end of the month. That’s more than a 10% pump from where it’s sitting right now—not bad, if it happens.
Adding to the mix, Coinglass reports that open interest for Dogecoin has stayed strong—hovering above $1.9 billion. So, traders are still watching it closely, and with Bitcoin hanging out above $100K, there’s at least a glimmer of bullish energy in the air.
