AI Sets DOGE Price For January 10, 2025

The Dogecoin (DOGE) market was shining the brightest in 2024. The OG meme cryptocurrency witnessed a major uptick in price. This was further complimented by Elon Musk joining Donald Trump’s administration as the head of D.O.G.E. Amidst this, the community kept building its hope up for DOGE to reach the much-awaited $1 mark. But it seems like the asset is moving slower than expected. Will Dogecoin record a spike in January?

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Is Dogecoin’s Volatility A Problem?

It looks like volatility was bringing the best out of Dogecoin. Over the past seven days, the meme coin has surged by a notable 20%. The asset went from trading at a low of $0.3084 to a high of nearly $0.40. At press time, the asset seemed to have witnessed a slight setback. DOGE was trading at $0.3835. This came after a 0.22% drop over the past 24 hours.

Despite this setback, the community remains confident as January remains one of the most bullish months for the meme coin. According to CryptoRank, January has continuously been DOGE’s best-performing month. This was highlighted by its average return of 85%. The meme coin increased by 711% in January 2021, compared to a 269% return in January 2014. April is the second-best month for Dogecoin, with significant jumps like 546% in April 2021 and 84.9% in 2018.

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Price Prediction

According to data from CoinCodex, Dogecoin is expected to record a slight uptick in the next couple of days. The firm revealed that on January 10, the OG meme coin will trade at $0.38395. While this doesn’t mark a major rise for the asset, as mentioned earlier, January is expected to bring in notable gains for DOGE.

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Dogecoin’s upcoming trajectory is uncertain, but historical data has revealed time and again that January could be a bullish month for the asset.