The price of Dogecoin (DOGE) against the United States Dollar (USD) remained under pressure on Tuesday, continuing a downward trend seen over the past week and month amid volatile conditions in the global cryptocurrency market.
As of today, 1 Dogecoin is trading at $0.10 against the US Dollar, reflecting a marginal daily decline of 0.08 percent. Market analysts attribute the subdued movement to cautious investor sentiment, ongoing market corrections, and broader uncertainty across major digital assets.
Weekly Performance Overview
Over the last seven days, Dogecoin has experienced noticeable fluctuations. On February 4, 2026, DOGE was valued at $0.10, but the price fell sharply on February 5 to $0.09, marking a steep daily decline of over 15 percent. The cryptocurrency recovered slightly on February 6, returning to the $0.10 level, before continuing a gradual downward drift through the weekend and early this week.
Overall, during the past week, Dogecoin has lost approximately $0.01, representing a decline of nearly 10 percent. This drop highlights persistent selling pressure and cautious trading activity among investors.
Monthly Trend and Market Sentiment
The broader 30-day trend shows a more pronounced decline. On January 11, 2026, Dogecoin was trading at around $0.14, but since then, it has fallen to $0.10, marking a monthly decrease of $0.04, or over 42 percent.
Crypto market experts say the sharp monthly decline is largely driven by reduced speculative trading, profit-taking, and shifting investor focus toward more stable assets amid ongoing regulatory discussions and macroeconomic uncertainty.
Outlook
Despite the recent downturn, traders believe that Dogecoin could witness renewed volatility in the coming weeks, depending on broader market sentiment, Bitcoin price movements, and overall crypto adoption trends. Investors are advised to remain cautious, monitor market developments closely, and assess risk before making trading decisions.
Disclaimer:
Cryptocurrency prices are highly volatile and subject to rapid changes. The information provided is for general awareness only and should not be considered financial advice. Always conduct independent research or consult a financial advisor before investing.