The annual volatility trend of Dogecoin, take a closer look.


The approximate stages of historical volatility changes
Since its inception in 2013, Dogecoin has had relatively low volatility in its early years. From 2013 until before 2020, its price was relatively stable, with fluctuations not varying much, averaging around 10% for both gains and losses, and the cycles of rise and fall were longer, averaging about six months. During this period, it was like a "good baby," showing relatively stable market performance.

The year 2020 became a watershed moment, after which its volatility significantly increased. From 2020 to 2021, the increase surged, with a peak increase of 2000% in May 2020, but by the beginning of 2021, the decrease had also exceeded 50%. The rise and fall cycles became noticeably shorter, averaging around 1 to 2 months, as if riding a "roller coaster," making the market more exciting.

Factors Affecting Volatility Changes
Before 2020, the fluctuations of Doge coin were mainly influenced by market sentiment, supply and demand factors, similar to an ordinary buying and selling transaction, where the enthusiasm for buying and selling and the supply in the market determined the price volatility.

After 2020, its influence increased due to mainstream cryptocurrencies like Bitcoin, as well as endorsements from celebrities. For example, Tesla CEO Elon Musk has mentioned Dogecoin several times on social media, which causes significant fluctuations in its price. At the same time, changes in the market environment and regulatory policies in the industry also affect its volatility 142122.

Recent volatility situation and possible future trends
Recently, the price of Dogecoin has been quite volatile. Looking ahead to 2025, its price shows significant fluctuations over different periods, influenced by market sentiment and celebrity effects. If the market environment stabilizes in the future and regulatory policies become clear, its volatility may decrease; however, if new hot events occur or there are significant changes in the market environment, its volatility may remain at a high level 21224.

The cryptocurrency market is full of uncertainty, and the volatility of Dogecoin is also difficult to predict accurately. If you are interested in it, be sure to invest cautiously and pay more attention to market dynamics and relevant policies. #AllinDoge
DOGE-2,87%
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