Dogecoin Price in India: Surpasses ₹15 in June 2025 — Can It Reach the ₹150 Milestone?

2025-06-12, 07:14

As of June 12, 2025, the global latest price of Dogecoin (DOGE) is $0.1806 (approximately 15.0 Indian Rupees), with a high of $0.18445 (about 15.3 Rupees) and a low of $0.17046 (approximately 14.1 Rupees) in the past 24 hours, and a trading volume of 155 million DOGE. At the current exchange rate, the value of Dogecoin held or traded by Indian investors remains stable in the range of 14 - 15 Rupees.

Market Performance and Trading Enthusiasm

Trading Volume Status: Although in the first quarter of 2025, Ripple (XRP) surpassed DOGE and Bitcoin in trading volume in India, DOGE remains one of the most held cryptocurrencies by Indian investors over the long term.
Historical Frenzy: The surge of DOGE in 2021 caused the servers of India’s largest exchange WazirX to crash, leading to complaints from users due to trading delays, highlighting its popularity in India.
Recent Volatility: Since May 2025, DOGE has fluctuated between $0.1303 (approximately 10.8 rupees) and $0.1926 (approximately 16.0 rupees), with a 30-day increase of only 1.84%, but down 34.72% from its peak three months ago.

Price Prediction: Can 150 Rupees Be Achieved?

In 2024, Indian analysts optimistically predicted that, driven by the Bitcoin halving event, DOGE might surpass 150 rupees (approximately 1.8 USD) by the end of 2025. Based on historical cycles:

After the Bitcoin halving in 2021, DOGE skyrocketed from $0.008 to $0.56 in 5 months (an increase of over 6400%). However, the actual trend in 2025 is weak:
In early June, due to negative news about Musk withdrawing from Trump’s “DOGE Plan”, the price fell below the key support level of $0.195 (approximately 16.2 rupees), and the technical aspect showed a “descending channel”.
If the support at 0.188 dollars (approximately 15.6 rupees) is lost, it may drop to 0.15 dollars (approximately 12.4 rupees) or even 0.05 dollars (approximately 4.1 rupees).

Core Factors Affecting Price

Diminishing Celebrity Effect: Elon Musk has repeatedly driven DOGE’s surge, but after 2025, his reduced public mentions led to a 70% drop in community interest and search volume, with trading volume shrinking by 40%.
Regulation and Acceptance: The Reserve Bank of India has a cautious stance on cryptocurrencies, but DOGE has transformed from a “joke coin” to a practical payment tool. As of 2025, over 2,000 merchants worldwide support DOGE payments, with a growing trend in India.
Competition from Other Coins: Emerging meme coins like PEPE attract speculative funds, while XRP Due to favorable legal developments seizing market share in India, DOGE faces pressure from capital diversion.

Future Outlook

Currently, the price of DOGE in India is anchored at 14 - 15 rupees, facing challenges in the short term due to technical factors and market sentiment suppressing expectations of hitting 150 rupees. However, its underlying payment efficiency (33 transactions per second) and community culture advantages still hold potential. If it further integrates into social platform payment scenarios in the future (such as the embedding plan discussed by Musk for the X platform) or gains large-scale adoption by Indian merchants, DOGE is still expected to replicate the explosive trajectory of being the “Meme coin leader.”

Author: Blog Team

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