Dogecoin (DOGE) has gone up by 5% in the past 24 hours as meme coins have kept recovering in the past week.
The price currently sits at $0.1809 while trading volumes have been 10% lower in the past day.
DOGE has still failed to reverse its huge yearly losses of 42.7% as other more exotic tokens in this category seem to have captivated investors.
Some examples of top performers include Fartcoin (FARTCOIN), Pudgy Penguins (PENGU), and Brett (BRETT), as these three have managed to double their price in the past month.
Solana-based meme coins seem to be outpacing independent ones like Dogecoin and Shiba Inu in terms of performance.
However, DOGE is still the dominant force in the space as its market cap currently accounts for nearly half of the combined value of the top 100 tokens in this category.
In addition, Dogecoin’s community is quite strong. Its social media account on X has 4.3 million followers, while its price action and news are covered by top media outlets, as celebrities like Elon Musk have contributed to increasing its global reach.
Despite its short-term weakness, Dogecoin is the poster child of the meme coin segment and this makes it the best meme coin to buy for long-term investors.
Dogecoin Needs to Break Above $0.2000 to Consolidate Its Latest Uptrend
Looking at the price action, DOGE has found strong support multiple times at $0.1400. This makes this price level a key area to watch for buyers, as the price has recovered strongly every time it has moved near those levels.
Meanwhile, DOGE broke above its 21-day exponential moving average (EMA) in the past week and this propelled a rally that pushed DOGE near the $0.200 level.
However, positive momentum seems to have faded as the market has struggled to find enough buyers to push the price higher.
The $0.1550 and $0.1850 areas have been quite relevant for DOGE throughout 2025, as a large percentage of its trading volumes have occurred at these levels.
Hence, any big price movements at these levels may provide good evidence of who is controlling the price action – either bears or bulls.
A move above the $0.20 resistance would confirm a bullish outlook for DOGE and could push its 21-day EMA closer to its 200-day EMA. If the market gets a bullish crossover of these two indicators, DOGE’s outlook will dramatically improve.
The next target for DOGE, if that happens, would be the $0.2500 level, which is its current point of control (POC), meaning the price level that has attracted the most trading volumes during the year.
As long as the 21-day EMA holds as support for any upcoming pullback, the short-term outlook for DOGE is bullish.
As meme coins recover, the best crypto presales like MIND of Pepe (MIND) will continue to attract investors’ interest. With only a month more to go before this crypto ICO ends, latecomers still have a chance to grab this token at a discounted price.
MIND of Pepe (MIND) is an AI agent designed to captivate large audiences across social media platforms like X by engaging in interesting discussions about meme coins and the crypto market.
As it interacts with high-profile accounts, MIND will collect valuable information that it will pass on to $MIND holders exclusively to help them navigate these complex market conditions and take advantage of new opportunities.
In addition, once its influence has grown, the agent can launch its own meme coins to capture top social trends. $MIND holders will also get privileged access to these new offerings through private sales to reap the highest returns once they are offered to the general public.
To buy $MIND, simply head to the MIND of Pepe website and connect your wallet. You can either swap USDT or ETH for this token or use a bank card to make your investment.
