The article argues Dogecoin, down 32% in 2026 as of writing, struggles to shed its meme-coin image even after the Dogecoin Foundation created Dogecoin Labs on October 21 to combine DogeOS, MyDoge and Such App. The author notes that Dogechain, launched in 2025, drew negligible total value locked and shut down earlier this year, and that DOGE payments at businesses owned by Elon Musk have not reached scale. New spot Dogecoin ETFs have seen little investor inflow, suggesting limited institutional support, so price action depends mainly on retail investors. The author considers a move to $1 highly improbable, with the coin trading at a 90% discount to its all-time high.
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Related tickers and likely impact
DOGE/USDT
• NeutralDogecoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Meme |
| Market cap | $12.0B |
| Close on 10/25/2026 | 0.07693 |
| Change that session | -0.94% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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