The value of Dogecoin (DOGE) in relation to the Dollar (USD) has seen notable fluctuations over the past days, weeks, and months.
Investors and traders closely monitor these price changes to assess market trends and make informed decisions about their holdings. Below is an analysis of Dogecoin’s performance in Dollar terms, highlighting key movements over different timeframes.
Weekly Performance of Dogecoin Against the Dollar
Over the past seven days, the exchange rate of Dogecoin to the Dollar has remained relatively stable, experiencing minor fluctuations. On March 17, 2025, Dogecoin was valued at $0.17 per DOGE, seeing an increase of 4.06% from the previous rate. However, the next day, it dropped by 4.09%, bringing it back to $0.17. Midweek, on March 19, the value surged by 4.96% to $0.18 before falling again to $0.17 on March 20. Minor declines followed, with Dogecoin slightly decreasing against the Dollar on March 21 and March 22. As of today, March 23, Dogecoin has shown a small uptick, rising by 1.31% to settle at $0.17.
In summary, the overall weekly movement has resulted in a decline of $0.0046, reflecting a slight depreciation in Dogecoin’s value against the Dollar.
Monthly Performance of Dogecoin in Dollar Terms
Looking at Dogecoin’s value against the Dollar over the past month, a more significant downward trend emerges. On February 21, 2025, Dogecoin was valued at $0.24, experiencing a decrease of 5.54% shortly after. By March 23, the price had plummeted to $0.17, marking a sharp decline of 40.97% over the month. This indicates a loss of $0.07 per Dogecoin in Dollar terms, showcasing a bearish trend over this period.
Yearly Performance: Dogecoin’s Journey Against the Dollar
Comparing Dogecoin’s value to the Dollar year-over-year, the price stood at $0.17 on March 23, 2024. Over the last 12 months, Dogecoin has appreciated by 2.78%, adding $0.0047 to its value. While this growth is modest, it suggests that despite short-term volatility, Dogecoin has maintained relative stability in its valuation against the Dollar.
Overall, Dogecoin’s fluctuations against the Dollar reflect a mix of short-term volatility and long-term steadiness. Investors should remain vigilant in tracking market trends to navigate these movements effectively.