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Is There a Future For Dogecoin?


Last December, Dogecoin (CRYPTO: DOGE) reached $0.43, its best mark since an all-time high of $0.74 in 2021. The news that Elon Musk, a Dogecoin supporter, would be heading the Department of Government Efficiency (DOGE) sent the original meme coin soaring.

But a year later, Musk stepped down from DOGE, which was later dissolved, and Dogecoin is on life support. The cryptocurrency is down 58% in 2025 (as of Dec. 17), and its future prospects look dim.

Image source: Getty Images.

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Source Fool.com

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