Dogecoin (DOGE), the world’s leading meme coin, is poised to close Q1 2025 with its most bearish performance in seven years. The coin is set to register a staggering quarterly loss of about 46%.

This downturn has sparked speculation that Dogecoin may be replicating its 2018 price action. That year, the meme coin hit its worst-ever Q1 loss, which was later followed by a Q2 decline, although less steep.

Many market participants started the year with the hope that 2025 would mark the peak of Dogecoin's bull run. However, the meme coin has failed to meet these optimistic projections.

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