Dogecoin (DOGE) seems to have found substantial footing at the $0.12 mark ever since it dropped to this price level on Dec. 23. DOGE’s price seems to be consolidating around the $0.12 price level amid a larger market slowdown. According to CoinGecko data, DOGE’s price has dipped 3% in the last 24 hours, 6.3% over the last week, 4.8% in the 14-day charts, 17.5% over the previous month, and a massive 61.2% since December 2024. In this price prediction article, let’s discuss if $0.12 is the lowest Dogecoin (DOGE) will fall, or if it will face further price dips.

Dogecoin Price Prediction: Will DOGE Fall Below $0.12?

Dogecoin (DOGE) last traded below $0.12 in October 2024. Falling below $0.12 may pull DOGE’s price to the $0.10 mark.

Dogecoin (DOGE) is currently following Bitcoin’s (BTC) trajectory. The general market bearishness may keep DOGE around its current price for the coming weeks. Macroeconomic challenges have pulled investors away from risky assets, especially from cryptocurrencies. Dogecoin (DOGE) being a memecoin, carries some of the highest risks.

Dogecoin (DOGE) could see some price relief if the larger economy cools down. The chances of another interest rate cut in early 2026 is still substantially low. However, President Trump plans to replace Federal Reserve Chair Jerome Powell in his quest to further reduce rates. Another rate cut could lead to more risky investments. DOGE could rally under such circumstances. The market is still quite fragile, and memecoins may not see any positive price actions over the coming weeks.

Also Read: Pepe, Dogecoin, or Trump: Which Memecoin Explodes Next in 2026?

According to CoinCodex analysts, Dogecoin (DOGE) will continue around the $0.11-$0.12 mark till late January before rallying to $0.15 on Jan. 23, 2026. However, the platform does not expect DOGE to maintain the $0.15 price level, predicting a correction back to $0.12 by mid-February 2026.