In December this year, Dogecoin (DOGE) may experience a seasonal price increase, as traders anticipate a potential "Santa Claus rally" in the cryptocurrency market. As revealed in a CNF article in late November, Dogecoin is aiming for the milestone of $1 after a significant increase. This rally typically occurs in traditional financial markets, referring to price increases in the last week of December and the first few days of January. Interestingly, a community member indicated on their X account that if Dogecoin reaches $1 before December 3rd, they will give away $5,000 worth of $DOGE to a lucky participant who interacts with their post. Historically, the occurrence rate of such rallies is 76%, sparking speculation that Dogecoin may follow suit. Given Dogecoin's unique historical performance in December, there is growing optimism about a potential holiday rally. Mixed Historical Performance Dogecoin's performance in December has been mixed, with both significant increases and substantial declines. Notable examples include an astonishing 337.5% increase in 2017, a moderate 32.4% increase in 2020, and a small 7.01% increase last year. However, the sharp decline of 34.7% in December 2022 highlighted the unpredictability of this meme coin. Traders are now watching whether Dogecoin's moderate increase at the beginning of December can lead to sustained growth.