Dogecoin’s price might fall below 0.30 USD in the near term due to macroeconomic conditions and whale activities. Recently, a whale transferred 70 million DOGE to Binance, indicating a potential sell-off. The price has dropped to approximately 0.3350 USD, nearly 20% down from the week’s HIGH of 0.40 USD.

The current market sentiment is bearish as DOGE fails to regain its 50-day moving average. Macroeconomic factors, such as rising US bond yields and the Federal Reserve’s tightening policy, are adding pressure. There’s a risk of DOGE testing its mid-December lows of 0.26 USD due to these factors.

Despite potential short-term declines, 2025 could offer strong growth opportunities for Dogecoin. This is anticipated due to the expected developments within the US crypto landscape, including regulatory changes. These developments could help Dogecoin regain traction and possibly increase in value.