- DOGE ($0.35) has all the right ingredients to repeat its historic 2021 rally, which sent it to an all-time high of $0.73.
- However, a lot has changed since then. Can DOGE keep up?
The market slowdown has taken a toll on memecoins, with many falling below key targets. Dogecoin [DOGE] is one of the few holding on – but it’s just 4% away from losing ground.
However, its solid support above $0.30 could signal a rebound. Back in 2021, DOGE surged over 1000% to hit $0.73 in under 100 days, marking its most explosive Q1.
Could Dogecoin make a powerful comeback and break new ground this quarter?
Four years of change
From 2021 to 2025, the crypto market has evolved rapidly. The market cap has surged to $3.5 trillion, while the number of currencies has jumped from 4,015 in 2021 to over 10,000 – a staggering 150% increase.
Despite growing competition, whale wallets holding 1B+ DOGE have increased by 20%, now holding 74.07 billion coins. Open Interest (OI) has also surged 5x, crossing $1 billion in May 2021, aligning with DOGE’s bull rally.