Dogecoin Slips Below $0.10: Faces $0.062 Target

Dogecoin's price has fallen sharply, now trading below the critical $0.10 support level. This breach opens the door to a potential drop to $0.062, a level that would add a zero back to DOGE's price.

The numbers are stark. As of December 14, 2025, Dogecoin's 24-hour trading volume stands at $1.8 billion, down 35% from the previous week, according to CoinGecko. The meme coin's market cap has also declined, now sitting at $14.5 billion, a significant drop from its peak of $88.5 billion in May 2021.

Comparatively, Bitcoin's trading volume remains robust at $42.3 billion, with a market cap of $1.2 trillion. Ethereum follows with a volume of $18.7 billion and a market cap of $450 billion. These figures highlight the disparity between Dogecoin and the leading cryptocurrencies.

Looking at on-chain metrics, Dogecoin's Total Value Locked (TVL) has decreased to $230 million, a 20% drop in the last month, as reported by DefiLlama. This decline in TVL suggests waning interest in Dogecoin-based DeFi protocols.

Dogecoin's user engagement also shows signs of weakening. Daily active addresses have fallen to 120,000, down from a high of 250,000 in early November 2025, according to Dune. This metric indicates a shrinking user base, which could further pressure the price.

Historically, Dogecoin has faced similar scenarios. In July 2022, a drop below $0.06 led to a rapid decline to $0.048. If history repeats, the current breach of $0.10 could trigger a similar cascade, pushing DOGE towards the $0.062 target.

The data paints a clear picture: Dogecoin is at a critical juncture. A failure to regain the $0.10 level could lead to significant further losses, potentially adding a zero to its price and challenging the resilience of its community.