Down 87%, Should You Buy the Dip on Dogecoin or Avoid the Meme Token?
The Motley Fool
by newsfeedback@fool.com (Neil Patel)February 14, 2026
AI-Generated Deep Dive Summary
Dogecoin (CRYPTO: DOGE) has experienced extreme volatility over the past decade, with its price skyrocketing by more than 34,000% at one point but now trading at a staggering 87% below its May 2021 peak. This sharp decline raises the question: should investors consider buying the dip or avoid this once-popular meme token altogether? The decision hinges on understanding Dogecoin's history, current market dynamics, and future prospects.
Dogecoin emerged as a memetic cryptocurrency in 2013, initially gaining traction for its humor and community-driven ethos. Over the years, it became known not just for its price swings but also for its role in the broader crypto ecosystem. However, Dogecoin's recent struggles reflect a larger trend in the cryptocurrency market, where excessive speculation and market saturation have led to significant corrections. The token's decline can be attributed to factors like increased competition from other cryptocurrencies, regulatory scrutiny, and waning retail investor interest.
For those considering whether to buy the dip, it's essential to weigh Dog
Verticals
financeinvesting
Originally published on The Motley Fool on 2/14/2026