How Dogecoin Will Lead the Memecoin Comeback

• Dogecoin remains the leading memecoin, influencing market trends.
• On-chain metrics indicate a buy signal for long-term DOGE investors.

The memecoin market has seen a significant decrease of 39.4% in market capitalization since December 9. Within the past month, price movements for most memecoins have generally trended downward.

Bitcoin’s [BTC] volatility near the $100,000 mark has negatively impacted the altcoin community and indirectly affected meme tokens.

The launch of Official Trump [TRUMP] did little to ease market pressures. Many holders chose to liquidate their existing meme investments in favor of TRUMP when its value unexpectedly surged.

A simultaneous record high of $73.43 on January 19 hasn’t been sustained, and TRUMP has experienced a steep decline of 71% over just two weeks.

This token is now below its established short-term baseline with new lows likely forthcoming. The A/D indicator also fails to project confidence among investors.

A lack of encouraging price action from TRUMP could deter new investment into other memecoins. Will Dogecoin rescue the meme economy?

? As the leading memecoin by market capitalization, Dogecoin (DOGE) serves as an essential barometer for assessing industry stability and prospects moving forward. Currently tracking a +0.89 correlation with Shiba Inu (SHIB), it’s evident that major memecoins are intrinsically linked to their frontrunner’s success or struggles. Data from Santiment reveals that DOGE consistently boasts higher social influence compared to SHIB and Pepe (PEPE). This social dominance indicates how frequently a coin is discussed across various social platforms.

. With promising on-chain indicators emerging, signs point toward bullish sentiment building within Doge’s network as dormant coins maintain low turnover—a pattern often associated with reluctance to sell amongst holders.

While prices have not rebounded lately, there’s been an uptick in average coin age throughout prior weeks—indicative of potential hodl sentiment returning amidst current bearishness across markets.

The negative MVRV reading over sixty days highlights losses faced by short-to-medium term traders; however, overall data creates solid incentives suggesting accumulation may be wise right now.

Dive deeper into our Dogecoin [DOGE] Price Forecast through 2025-26!

An analysis of order books reflects critical support levels at $0.28-$0 .26—and we can see buying interest concentrated around these price limits suggest upcoming trending actions nearing ceiling reversals likely evolving ahead accordingly!

An imbalance favoring buyers exists within ten percent range per current pricing confirming sentiments around imminent bullish reversals shaping flows!