🐶Dogecoin August can't escape the curse? Don't worry, there is still a glimmer of hope!

In the blink of an eye, August has arrived, and many friends holding $DOGE might be a bit nervous... because historically, Dogecoin's "August fortune" has not been very good.

To put it simply, over the past 11 years, Dogecoin has dropped in 7 out of 11 Augusts. This means that for more than half of the time, it has "lost its way" during this month 😬. According to CryptoRank data, its average return in August is -0.79%, with a median even worse at -9.98%. It's important to note that in the past three years, the average decline of DOGE in August has been around 10%!

📉August 2020: Just finished a bull market, and then the month saw a drop of nearly 10%

📉August 2023: Abandoned by the market, plummeting 17.9%

📉August 2024: Continuing the pessimistic trend, once again down 16.9%

Speaking of this, many people may be close to a breakdown. But don't panic, there is actually a "hidden benefit":

👀 August after Bitcoin halving often leads to a rebound in Dogecoin!

After the halving in 2016, DOGE rose 20% in August of that year.

2021 was no exception, rising 34.2%.

From historical experience, **August after a halving often brings hope for Dogecoin.** However, the problem arises – in July of this year, Dogecoin has already risen over 35%, which is different from the past pattern of "falling first and rising later".

So, whether to follow the script is still an unknown. #狗狗币崛起

But it's worth noting that the overall market sentiment remains optimistic 🔥. If Ethereum continues to lead the rise, sparking a "altcoin season", then $DOGE may once again become the leader among memecoins 🐕💨.

Conclusion:

📌 History tells us to be cautious in August.

📌 The pattern after halving also gives a bit of confidence.

📌 If the market continues to celebrate, Dogecoin may still have some room to bounce.

Stay calm, don't panic at the first drop; real opportunities often hide when "everyone thinks there's no hope" 😉#DOGE