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Dogecoin has marked its 12th anniversary while trading near $0.13 - $0.15 and maintaining a top-10 position by market value. The memecoin launched on December 6, 2013, and has outlasted most early-era projects. Current market data places Dogecoin at the ninth position with a market cap of approximately $23 billion. Daily trading volume has stayed above $1 billion in recent sessions.
The anniversary arrived during a soft pullback across meme tokens and other risk assets. DOGE has shown a sideways-to-lower trend over recent days. Traders have debated whether the coin remains in an extended accumulation phase or nears a new directional break.
Recent on-chain signals have added nuance to the price story. Reports citing Santiment data say wallets holding 1 million to 100 million DOGE added about 480 million tokens between December 2 and December 4. Active addresses also rose to approximately 71,000, the strongest reading since September. These data points suggest that large holders and users have re-engaged near current levels.
Dogecoin’s long survival continues to stand out in a sector where many tokens disappear quickly. Billy Markus and Jackson Palmer created the coin to parody early Bitcoin hype. The project later built a large retail base and a recognizable brand. DOGE also benefited from the 2021 cycle, when it reached a record price near $0.73.
Regulated products have expanded in 2025. The Rex-Osprey DOGE ETF, which trades under the ticker DOJE, began trading in the United States in September. The fund tracks Dogecoin and offers a listed vehicle for investors who prefer an ETF wrapper.
The ETF launch fits a wider shift in the US market structure. Reuters reported that the SEC’s streamlined approach has encouraged a wave of new spot and index crypto products. New 21Shares index ETFs now include Dogecoin alongside other large-cap assets. This context strengthens the view that institutions now see DOGE as a liquid component of diversified crypto exposure.
Corporate use of Dogecoin remains narrow, yet the Tesla link still draws attention. Tesla’s support documentation states that the company accepts Dogecoin for eligible products and does not accept other digital assets for those orders.
Market watchers also circulated reports that Tesla’s website code may point to expanded Dogecoin payment features for vehicles. Commentary has tied these hints to X Money, a payments product on X that Elon Musk has said will roll out in a limited beta. Public statements have not confirmed a broader DOGE integration for cars or for X Money.
Dogecoin enters its 13th year with a mix of cultural strength and new financial infrastructure. The Dogecoin community continues to support grassroots promotion on social platforms and through small-scale payments. Analysts across the market still present a wide range of price expectations. A US-listed Dogecoin ETF and broader index inclusion could add liquidity and visibility.
Also Read: Dogecoin (DOGE) ETF Disappointment Boosts GeeFi's (GEE) Presale, Analysts Call For Incoming Rally
