As the month of May scuttles away like a confused crab, Dogecoin finds itself basking in the rare glow of green for the second month in a row. This unexpected twist has left many scratching their heads, wondering if the universe has finally decided to play a cosmic joke. But hold onto your hats, dear readers, for June is lurking just around the corner, and it has a reputation for being the worst month in Dogecoin’s history—more red than a lobster at a beach barbecue! 🦞
Why June Might Be a Dogecoin Disaster
Ah, June! The month that has historically been as friendly to Dogecoin as a hungry cat is to a laser pointer. Over the last eleven years, Dogecoin has only managed to close out June in the green twice—back when it was still a sprightly young cryptocurrency, full of hope and dreams. The rest of the time? A veritable bloodbath of losses!
According to the wise sages at CryptoRank, the only years when June ended on a high note were 2015 and 2016. Before that, June 2014 saw a loss of 21.4%, and since then, it’s been a downward spiral every single year. From 2017 to 2024, Dogecoin has been as consistent as a broken clock, ending June in the red without fail. The numbers are staggering: June 2017 -2.38%, June 2018 +27.2% (a fluke!), June 2019 -4.36%, June 2020 -9.94%, June 2021 -23.9%, June 2022 -23.3%, June 2023 -7.18%, and June 2024 -21.9%. It’s like watching a slow-motion train wreck, but with more memes! 🚂💥
Looking at this delightful pattern, one might conclude that even during bullish years, June has a knack for delivering a swift kick to Dogecoin’s proverbial behind. With an average return of -7.34%, it’s the worst month for our beloved meme coin. So, brace yourselves for a potential decline, folks! 📉
What Lies Ahead?
Now, according to the all-knowing machine learning algorithm at CoinCodex, June might just decide to throw us a curveball. Initially, it suggests a possible decline, with prices plummeting below $0.22. But fear not! As the month progresses, there’s a glimmer of hope that things might turn around. 🌈
The one-month prediction has Dogecoin soaring above $0.26, a delightful 17.67% increase from its current price. By the end of the month, it could even reach $0.28, which would be a more than 20% increase! Who knew Dogecoin could be so dramatic? 🎭
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2025-05-29 12:41