Dogecoin Price History Overview
Dogecoin (DOGE), launched in December 2013, began with an inaugural exchange rate of $0.000513**. Its price trajectory has seen dramatic fluctuations, from an all-time low of **$0.0000875 in May 2015 to a peak of $0.6905** in May 2021. The meme-inspired cryptocurrency closed its first recorded year at **$0.000422, marking an 82.30% increase from its opening price.
Key Historical Milestones
| Metric | Details |
|---|---|
| Launch Price | Dec 2013 ($0.000513) |
| Lowest Recorded Price | May 2015 ($0.0000875) |
| All-Time High | May 2021 ($0.6905) |
| Best Performance Year | 2021 (Avg price: $0.2045) |
| Worst Performance Year | 2018 |
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Dogecoin Price Analysis (2013–2025)
Annual Performance Highlights
- 2021: Dogecoin’s breakout year, with prices surging 2,400% from January to May, driven by social media hype and celebrity endorsements.
- 2018: The worst year for DOGE, with prices declining over 80% amid a broader crypto market downturn.
- 2023–2025: Prices stabilized between $0.05–$0.20, reflecting maturation as a payment-focused asset.
Monthly Price Movements (2025)
Recent data shows volatility persists, with June 2025 prices ranging between $0.1513** and **$0.1809. Key drivers include:
- Market sentiment shifts (e.g., Bitcoin ETF approvals).
- Adoption updates (e.g., Tesla reinstating DOGE payments).
June 2025 Snapshot
| Date | Open | High | Low | Close | Volume (24h) |
|---|---|---|---|---|---|
| 06/30/2025 | $0.1695 | $0.1697 | $0.1626 | $0.1651 | $717.5M |
| 06/29/2025 | $0.1636 | $0.1698 | $0.1627 | $0.1696 | $468.1M |
| 06/01/2025 | $0.1925 | $0.1948 | $0.1871 | $0.1937 | $827.3M |
FAQ: Dogecoin Price History
Q1: What was Dogecoin’s highest price ever?
A: DOGE reached $0.6905 on May 8, 2021, during a retail investor-driven rally.
Q2: How does Dogecoin’s supply affect its price?
A: Unlike Bitcoin, DOGE has an inflationary supply (5.2B new coins yearly), which historically dampens long-term price surges.
Q3: Why did Dogecoin spike in 2021?
A: Factors included Elon Musk’s tweets, Reddit community campaigns, and broader retail crypto interest.
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Future Price Predictions
Analysts project three scenarios for DOGE by end-2025:
- Bullish Case ($0.30+) – Requires mass merchant adoption.
- Base Case ($0.12–$0.18) – Tied to crypto market trends.
- Bearish Case (<$0.10) – Triggered by regulatory crackdowns.
Key Influencers to Watch
- Regulation: SEC rulings on crypto securities.
- Adoption: Partnerships with major retailers.
- Macro Trends: Bitcoin halving ripple effects.
Data sourced from CoinLore and CMC (June 2025).