In-depth analysis of Dogecoin’s final battle
Author: b12ny
It has always been regarded by the market as the leader of meme coins. At the end of 2024, its price soared due to the Trump and Musk effect during the US election, but then entered a sharp correction and the decline once exceeded 60%. This is consistent with the overall decline of the meme coin sector, indicating that its short-term momentum is dominated by market sentiment.
In terms of institutional layout, Grayscale launched the Dogecoin Trust Fund (management fee of 2.5%) in January 2025. The trust is limited to qualified investors. Although the scale is still small (nearly US$2 million AUM), its significance goes beyond the number itself. It represents $Doge's official entry into the range of institutional investable assets. It is also regarded as a key step in Dogecoin's transformation from meme-oriented to institutional investment.