Ah, dear reader, gather ’round as we delve into the whimsical world of Dogecoin (DOGE), where dreams are traded for a pittance and fortunes float like dandelion seeds in a zephyr. On this fateful Wednesday, December 17, 2025, during the North American interlude, our canine companion has dropped over 5% in value, languishing at the paltry sum of approximately $0.1255. The hounds of midterm weakness have officially been unleashed.
Will Dogecoin Plunge 20% Before Finding Its Bark Again? ๐พ
Our beloved dog-themed memecoin has taken quite the tumble, a staggering 15% in just a week-like a puppy slipping on a banana peel! This slip has sent it spiraling beneath a pivotal support trendline, a fate befitting a creature of such cheeky charm. The persistent bearish sentiment, akin to a rainy day that just won’t quit, has dashed hopes of a joyous bull run, which had been so carefully constructed since February 2024.
Thus, brace yourself, for Dogecoin may soon face the cruel claws of a 20% drop, potentially revisiting its 2024 support level around $0.1. Yes, the MACD indicator, that mysterious oracle of market sentiment, has joined the party, with both MACD and signal lines diving below the zero line like an overzealous diver, while bearish histograms rise like bread left too long in the oven-overdone and ominous!

The Memecoin Menagerie is in Disarray ๐๐
In the wake of Dogecoin’s precarious position since the crypto cataclysm of October 11, the entire memecoin industry has begun to bleed profusely; one might say it’s akin to a piรฑata after a particularly vigorous birthday party. Over the past 24 hours, the market cap for these cheeky coins has plummeted by 8%, now hovering around a mere $41.4 billion-pocket change for those in the know, yet lamentable for the hopeful.
Prominent memecoin projects like Pudgy Penguins (PENGU), Pepe (PEPE), Shiba Inu (SHIB), and Bonk (BONK) have succumbed to the gravitational pull of despair, each losing over 15% in the past week. The rout, dear friends, shows no signs of abating, as the specter of low bullish sentiment continues to loom like a raincloud over a picnic.
What Lies Ahead for the Brave Holders? ๐ง
The future of these memecoins will be shaped, as all good tales are, by the regulatory whims blowing through the United States and the increasing curiosity of global investors. According to the sage scholars at Bitwise, 2026 will herald a rebirth for the crypto market, rising from the ashes of 2025โs tumult-with a flair reminiscent of a phoenix, albeit one with a slight memory lapse.
โThe forces propelling trends in Bitcoin, interest rates, and the cyclical dance of crypto booms and busts are now more delicate than in the glorious past,โ the wise ones assert. With institutions like Citi and Morgan Stanley striding boldly into this digital bazaar, alongside tantalizing allocations to spot ETFs and the fervent building on the blockchain, 2026 promises to be a year of resplendent growth. And, as always, the pro-crypto regulatory tide will sweep through, enabling companies to adopt crypto with the glee of children at a candy shop!โ
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2025-12-17 23:44