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2013 - 2019: Relatively Small Fluctuations
From 2013 to 2019, Dogecoin's average volatility ranged between 60% and 170%. For example, in 2013, the volatility was 151%. During this period, Dogecoin was still in its early stages, with limited market attention. Price fluctuations were mainly influenced by market sentiment, supply and demand, and other factors. It was a period of exploration in the cryptocurrency market, with less dramatic price swings but some instability, as reflected by .
2020 - 2021: High Volatility Period
After 2020, Dogecoin's price movements showed a clear upward trend. The average volatility in 2020 was 100%, and by 2021, it reached 204%. In early 2021, Dogecoin surged nearly 30 times in a short period, approaching $0.07. However, from May to September, the price plummeted sharply, dropping to around $0.002, a decline of over 97% from the early-year high. During this phase, Dogecoin was heavily influenced by mainstream cryptocurrencies like Bitcoin and endorsements from well-known figures such as Elon Musk. Market attention surged, leading to extremely volatile price movements @E1@.
2022 - 2025: Stabilizing Fluctuations
In 2022 and 2023, Dogecoin's volatility decreased, with 2022 at 106% and 2023 at 53%. This indicates that market perception of Dogecoin has become more rational, and prices are no longer experiencing the extreme ups and downs of previous years. However, in 2025, some analysts still focus on its trend. Certain analysts believe that, on a weekly chart, DOGE's movement is replicating key patterns seen before several major rallies in history. Prices may experience significant fluctuations, but extreme market conditions like those in 2021 have not yet reoccurred @E2@.
It is important to note that the cryptocurrency market is inherently highly uncertain and risky. These historical data are for reference only and should not be used as predictions of future price movements. If you plan to invest in Dogecoin, be sure to carefully assess the risks and prepare adequately. #AllinDoge