Overall, the month of June has rarely ended well for the meme coin’s price, with only two green monthly closes in its over 11 years of existence. The average return for June is the lowest at -7.11% for the Dogecoin price, and the second lowest median return of -8.56%, second only to August’s median returns of -9.98%.
With Donald Trump’s tariff war against countries like China still in full swing, the crypto market is still feeling the effects as prices remain low. Altcoins like Dogecoin have suffered the brunt of the decline, and a continuation would push their prices further down.