Does the silence in Dogecoin (DOGE) mean a buying opportunity?

According to the data of Santiment, an analytics company that measures investor sentiment in the crypto market, there is a decrease in social media posts specific to Dogecoin (DOGE).

The Santiment report, which stated that community sentiment in #DOGE reached its lowest point last year, included the following statements: “The best memecoin in crypto has been extremely quiet except for a temporary rise at the beginning of 2024.” The report, which emphasized that DOGE has lost 28 percent of its value since its peak a month ago, gave the market's favorite memecoin a score of 1 out of 5.

“Things may develop in DOGE's favor when the market rises”

However, one of the striking statements in the report was that the decline in DOGE sentiment could be seen as an opportunity for investors: “The sentiment of the masses is close to its lowest point last year. In other words, if the crypto market starts to rise again, things may develop in DOGE's favor.”

Sharing the same opinion as Sentiment, crypto trader Wizz is one of those who expect DOGE to rise despite low community sentiment. In a post he shared on X (formerly Twitter) on January 6, he suggested that $DOGE will outperform most cryptocurrencies in the next three to six months.

Another crypto trader KrissPax noted that DOGE’s price action was similar to a year ago: “In November 2023, DOGE rose, then fell, and consolidated before a big rally in 2024. In November 2024, Doge rose again, then fell, and is now in a consolidation phase. Next up is a big rally in 2025.”

Many analysts expect DOGE to reach new highs in 2025, just like KrissPax. Based on the Gaussian Channel indicator, which is used to determine the upper and lower channels of price action, crypto trader Tardigrade predicts that DOGE will peak between $3 and $5 in 2025.