The cryptocurrency market started the new year on a bullish note. Several assets were on an uptick at the beginning of the month. But as we progressed into the first month of the year, the entire market turned red. Dogecoin (DOGE), the OG meme cryptocurrency was one among them. The asset was currently enduring a major downfall but the year has just begun. The community is positive about the possible uptick in the coming days. But which month will be the most favorable for Dogecoin?

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Dogecoin Dips By 5%

The OG meme coin was seen struggling to maintain itself over $0.35. During the time of writing, the asset was trading at $0.3181. This comes after a nearly 6% drop over the past 24 hours. The asset started the month at a high of $0.39, but it failed to stay put and slid down to its current price level.

Dogecoin, which has a market valuation of nearly $47 billion, controls over 50% of the meme coin market. As a result, it is still quite influential in spite of the continuous downturn.

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Best Month For The Meme Coin

According to data from CoinCodex, it is projected that Dogecoin will trade in a range of $0.330146 to $0.1.072034 in 2025. This further results in an average yearly price of $0.521333. Compared to the present rates, this may yield a possible return on investment of 236.53%.

The asset will surge beyond the coveted $1 mark in the month of April 2025. Taking this into consideration, April will be the most favorable month for the meme coin. In addition, the DOGE market will also witness a notable spike in the month of March as well.

February is the least profitable month for the asset since it would trade at around the same level as it does now.

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