Dogecoin Down 87% From ATH, What's DOGE's Rebound Potential?

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Crypto ranking platform CoinGecko shares a fact about Dogecoin, noting that the dog coin is 87% away from its ATH, last seen more than four years ago at $0.7316. Advertisement Altcoins have sharply underperformed recently, with cryptocurrencies such as Dogecoin down significantly from their peaks. Likewise, mentions of "altseason" on social media have plunged to their lowest level in at least two years, according to recent Santiment analysis. Fun Fact: $DOGE is 87% away from its ATH, last seen more than four years ago at $0.7316. pic.twitter.com/6cI9wWtl9r — CoinGecko (@coingecko) March 12, 2026 This remains significant as every major spike in altseason chatter over the past two years coincided with a local top in DOGE. Advertisement The positivity is that whenever mentions of altseason drop, a rally often ensues. The pattern might not be perfect, but the correlation between crowd disinterest and subsequent price recoveries is not something to ignore. HOT Stories Shiba Inu (SHIB) Price Rises as 58% of Binance Top Traders Go Long, Ripple Treasury Vice President Highlights 'Big Unlock,' Bitcoin Whale Buys More After Two Years of Dormancy: Morning Crypto Report 'Total Lie': Brian Armstrong and Coinbase Execs Deny Lobbying Against Bitcoin At the time of writing, Dogecoin was up 3.51% in the last 24 hours to $0.0956 as a wave of optimism lifted crypto prices. Analysts believe altcoin recovery might depend on Bitcoin price stability. A breakout on Bitcoin alongside substantial volumes, followed by a consolidation, might lead to rotation into altcoins. Advertisement You Might Also Like Wed, 03/11/2026 - 15:19 Dogecoin Derivatives up 29,807%, Yet Bulls Hold Back By Tomiwabold Olajide In the short term, Dogecoin faces resistance at $0.10 and $0.16, which coincide with the daily MA 50 and 200. Support is expected at $0.086 and then $0.0799, which marks the lower boundary of the current trading range, which started forming in February. Dogecoin remains in spotlight Dogecoin remains in the spotlight as X is set to launch its new payments feature, X Money, next month, offering peer-to-peer transfers, bank deposits, a debit card and cashback rewards in partnership with Visa, and a licensed subsidiary in more than 40 U.S. states. You Might Also Like Wed, 03/11/2026 - 13:03 Dogecoin (DOGE) Prints +100% Surge in Volume: Are Meme Coins Becoming More Active? By Arman Shirinyan There has been previous speculation about crypto integration even though X Money is described as a fiat-only product more akin to Venmo than a crypto wallet. However, the announcement of X money contains zero references to crypto. Elon Musk referred to Dogecoin as his "favorite cryptocurrency" and Tesla accepted DOGE for merchandise in 2022. Hence, an interesting question is not whether DOGE gets added if cryptocurrencies are included. #Dogecoin News #Dogecoin