Trade
Basic
Futures
Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
Trade global traditional assets with USDT in one place
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Participate in events to win generous rewards
Demo Trading
Use virtual funds to experience risk-free trading
Earn
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
New
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
More
Dogecoin Historical Price and Returns Analysis: Should I Buy DOGE Now?
Abstract
This article comprehensively reviews Dogecoin’s historical price movements and market fluctuations since its inception, combining data from bull and bear market phases to evaluate the potential returns for investors purchasing 10 DOGE tokens and answer the critical question: “Should I buy Dogecoin now?” This analysis aims to help both newcomers and long-term investors identify optimal entry points and growth opportunities.
Bull Market Origins and Early Market Cycles: Historical Price Review (2017 to 2021)
Dogecoin was created on December 8, 2013, based on the Scrypt algorithm. According to historical market records, its earliest recorded trading price was approximately $0.000196 in 2017.
The following represents Dogecoin’s price performance during its early bull market phases:
2017
2018
2019
2020
2021
An investor who purchased 10 DOGE during the early bull market phase in 2017 would have realized a total return of approximately 1.0x their initial investment if sold today.
Bear Market Adjustments and Mid-Term Market Cycles: Returns and Risk Analysis (2022 to 2023)
During this period, Dogecoin experienced significant price corrections following its peak in 2021, entering a bear market phase driven by broader cryptocurrency market downturns and regulatory pressures.
The following shows potential returns for investors who purchased 10 DOGE during the bear market and consolidation phases:
2022
2023
Recent Market Cycles: Should I Buy DOGE Now? (2024 to 2026)
In recent years, Dogecoin exhibited volatile trading patterns, with 2024 showing a strong recovery trend followed by declines in 2025 and 2026. Market participants have debated whether a new bull cycle has begun or if the asset remains in a correction phase.
2024
2025
2026 (To Date)
Potential returns for investors who purchased 10 DOGE during these recent cycles are as follows:
Summary: Bull Markets, Bear Markets, and Investment Timing Analysis
Through comprehensive analysis of Dogecoin’s historical prices and potential returns spanning from 2017 to 2026, we observe a highly volatile asset characterized by extreme boom-and-bust cycles. The data demonstrates that early investors in 2017-2021 experienced extraordinary gains, while recent market participants in 2024-2026 have faced substantial losses. This volatility underscores the importance of timing in cryptocurrency investments and suggests that current market conditions present elevated risk alongside potential recovery opportunities.