August was historically very designed for the price of Dogecoin, and with the new month that is already circulating, the expectations are that the Meme coin will follow this trend in force. If this continues, the downty trend that Dogecoin actually at the end of July can be only the beginning, and the mem currency may end to the losses consisting of numbers from here.
August can turn red for Dukwin
When looking at the preceding offers of the Dogecoin price over the past 11 years, it is not surprising that investors have tended to move with caution during the month of August. So far, it has closed a total of 7 out of 11 years in red, leaving only four years of greenery so far. This performance pushed an average return to -9.98 % by an average -0.79 %, as shown by Data On Cryptorank.
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While this average is low, looking at the years in which August is closed in red color shows a high loss rate. For example, the past three years have witnessed the price of Dogecoin on average by 10 %. August 2020 was just coming out of the bull market, and finally decreased by 9.98 %, It indicates the end of the bull running.
The following year, August 2023, the winds of worse, and the price of Dogecoin decreased by 17.9 % before the month’s end. Then, in August 2024, a 16.9 % collision of the MIM currency rose, which led to three consecutive years of red closure so far.
After a half trend can save the price of Doug
In the midst of August’s landing, there was one deviation that was placed over the years, and this is the performance of Altcoin After a half year. August, which was followed every year of Bitcoin, was incredibly up to now, as it has returned to more than 20 % of the gains per month.
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This was the case for the year 2017 after 2016, when the price of Dogecoin increased by 20 % in August. Then again, in 2021, in the aftermath of 2020 to half of Bitcoin, the price of Dogecoin will continue to 34.2 %, indicating that this year can go in the same direction, since 2024 it was a Bitcoin half -year.
However, in both 2017 and 2021, July had closed a red depth before the August gathering. But in 2025, July witnessed a crowd more than 35 % in the price of Dogecoin, which represents a major deviation from the direction.
Looking at this, it is possible Dogecoin does not follow the direction after half. However, feelings in the encryption market are still very up at this level and may lead to high prices. If Ethereum continues to gather and lead to Altcoin season, Dogecoin will undoubtedly lead the beginning of the Meme Coin Rally as a leader in space.
Distinctive image from Dall.e, Chart from TradingView.com
The post Historical Data Predicts Dogecoin Price Crash In August — But There’s A Silver Lining first appeared on Investorempires.com.
