Forecasts for Dogecoin in December 2024 indicate that its price could range from $0.35 to $0.48, with an expected average price of around $0.40. The main drivers of growth remain the activity of large investors (so-called "whales") and public interest in the cryptocurrency, which is traditionally supported by meme culture and statements, for example, from Elon Musk.
Technical analysis suggests a possible bullish trend, as indicators such as MACD and moving averages confirm an increase in momentum recently.