Recently, DOGE has frequently become a hot topic in the market, but this time the focus has shifted. It's no longer the stimulation from Musk's tweets, but rather the reality of the price falling below the critical support level – currently fluctuating around $0.13.

The data is right in front of us: over the past 12 months, DOGE has fallen by 66%. From once being the "King of Meme Coins" to now having a quiet trend, many holders and market participants are beginning to seriously consider a question—will this coin have a chance to turn around in 2026?
To be honest, the reason why DOGE was able to support its price in the past was indeed due to several advantages: strong community cohesion, sustained topic popularity, and the influence of key figures. A single tweet or a call can trigger a wave of market movement. However, this logic has clearly become ineffective now.
The technical support has disappeared, market momentum has dried up, liquidity is clearly shrinking, and speculative enthusiasm is rapidly cooling. Behind this reflects a deep change in investor sentiment—simply having a "large volume" and "historical brilliance" can no longer support the price. The market's demands for projects are getting higher and higher: Is there a clear business narrative? Are there practical landing applications? Is there a clear development roadmap?
DOGE's performance in these dimensions is relatively weak; this fall is not just a technical adjustment but a signal of a shift in market preference.
There may still be opportunities for a rebound in the short term, but to return to previous highs? Real new catalysts are needed. Otherwise, this structurally weak situation is difficult to reverse quickly. The current question is: should one continue to hold out for a turnaround or reduce positions early to avoid risks? Everyone's answer may be different.