With the close of June, the Dogecoin price has once again confirmed the bearish trend of the month. Following previous months, it crashed and led to double-digit losses for the meme coin. This red close for June 2025 has now marked the ninth consecutive year in which the month of June has closed in the red, bringing the average return for the month up to -7.94%. As July moves into view, we take a look at historical performance to map out how the altcoin could play out this month.
Historical Performance Says More Losses For Dogecoin
Since the month of June played out as expected following the historical performance, it is likely that Dogecoin will also follow the same trend for the month of July. If this does play out, then investors in the meme coin could be looking at another month of losses, going by how poorly it has performed previously.
According to data from the CryptoRank website, the Dogecoin price in July has come out in the negative on average. With an average return of -3.48% and a median return of -7.31%, it means that the losses may not be as bad as what was witnessed in the month of June. But it will be in the negative nonetheless.
In the last 11 years, there have only been a total of four years where the Dogecoin price ended the month of July in the green. Seven years in total have seen differing levels of losses, suggesting that there is a higher possibility that July 2025 defers toward the bears than the bulls.
Going by the established average return, it could mean that the Dogecoin price could fall below the $0.15 level once again before the month is over. In this case, there could be double-digit losses ahead for the meme coin.
Q3 Is A Bearish Quarter
The entrance into July is not the only worrying development for the Dogecoin price, given how the meme coin has performed in the third quarter of the year so far. With July marking the first of the three months in this quarter, an adherence to historical performance would mean that the next three months would be quite bearish for the meme coin’s price.
The third quarter of the year is actually the most bearish of all the quarters, with only three third quarters in the last 11 years closing in the green. The rest have seen an average of 10% losses during this quarter, with 2024 notching losses of 8.26%.
When it comes to bullishness, the first and fourth quarters of the year have always been the best times for Dogecoin investors to make a profit. The fourth quarter, in particular, is the most bullish, with Dogecoin rallying 176.6% back in 2024 and 44.2% in the prior year. Given this, it could mean that Dogecoin investors still have some hardships to endure before the worst is over.
