Trade
Basic
Futures
Futures
Hundreds of contracts settled in USDT or BTC
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
NEW
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
NEW
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 Return Analysis: Should I Buy Dogecoin Now?
Summary
This article provides a comprehensive review of Dogecoin’s historical prices and market fluctuations since its inception, combining data from both bull and bear market phases. It evaluates the potential returns for investors who purchased 10 Dogecoin and answers the key question, “Should I buy Dogecoin now?”—helping both beginners and long-term investors grasp the timing and growth potential.
Bull Market Starting Point and Early Market Cycles: Historical Price Review (2017 to 2021)
Dogecoin was launched on December 8, 2013, based on the Scrypt algorithm, and is the second largest cryptocurrency internationally by user count after Bitcoin. Its creators envisioned it as a fun and easygoing cryptocurrency with broader appeal. Records show its early trading price was around $0.000196.
Below are Dogecoin’s price changes during the early bull market stage:
2017
2021
If an investor had purchased 10 Dogecoin during the early bull market in 2017 and sold today, the potential return would be $1.41.
Bear Market Correction and Mid-term Market Cycles: Return and Risk Analysis (2018 to 2023)
During this period, Dogecoin’s price experienced significant volatility, fluctuating with market cycles and sentiment.
Below are the potential returns for an investor purchasing 10 Dogecoin during bear markets or consolidation phases:
Recent Market Cycles: Should I Buy Dogecoin Now? (2024 to 2025 YTD)
In the past two years, Dogecoin has once again shown a significant upward trend, with a strong rebound in 2024, but has entered a correction phase so far in 2025.
2024
2025
Potential returns for investors purchasing 10 Dogecoin during this period:
Conclusion: Bull Markets, Bear Markets, and Investment Timing Analysis
Through the analysis of Dogecoin’s historical prices and potential returns, we can see its pronounced cyclical volatility and high volatility over the long term. Investors should fully recognize Dogecoin’s nature as a high-risk asset and carefully assess their risk tolerance and market timing when making investment decisions.