In the face of market fluctuations, many Dogecoin holders are asking: should I sell my assets now? As of May 2025, the price of DOGE has been fluctuating between $0.22-$0.25, significantly lower than its peak of $0.4 in late 2024.
Selling Dogecoin in Profit
If you bought DOGE at under $0.10 and haven't sold, you're still in significant profit. The decision to sell depends on your initial investment goals. Ask yourself:
* Did I set a target price when I entered? * Did that price get hit during the Q4 2024 rally? * Am I comfortable with my current DOGE exposure?
If you answered yes, it might make sense to reduce your position. However, if you didn't sell during the rally, selling now likely means exiting during a neutral market, not at a local high.
Inflation and Its Impact on Dogecoin
Dogecoin's inflation model is well known: it adds 5 billion new tokens each year with no supply cap. This indeed dilutes long-term upside potential, especially when compared to capped assets like Bitcoin. However, DOGE's inflation is already priced in. It hasn't changed in years, and investors understand this. Market demand and narratives are what truly drive DOGE, not tokenomics.
Technical Signals and Recommendations
As of May 2025, technical indicators show:
* **RSI**: Neutral (~58-60), indicating slight bullish momentum. * **MACD**: Mixed signals, with bullish indicators on the daily chart and bearish ones on the weekly chart. * **Volume**: Down to ~$629.59M (24h). * **Whale behavior**: No major exits; a 12% increase in whale holdings.
The current situation does not indicate a need to sell; we are in a consolidation range, not a sharp crash.
In the current market conditions, it is advisable to maintain your positions in Dogecoin rather than selling. Exiting your assets may lead to missed opportunities for future profits.
