The Year in Dogecoin 2025: DOGE Goes Political and Commercial
In 2025, Dogecoin, originally created as a joke, became entangled with institutions, public companies, and a controversial U.S. government initiative. Elon Musk was named as the public face of the Department of Government Efficiency (DOGE), which aimed to slash government spending. Legal and political turmoil quickly followed, with lawsuits and criticism over the department's operations. The Dogecoin logo briefly appeared on a government website, temporarily boosting DOGE’s market cap before a subsequent crash. Dogecoin experienced growing mainstream involvement through exchange-traded funds (ETFs), corporate treasuries, and the Dogecoin Foundation’s initiatives, such as House of Doge and acquiring a European soccer club for branding. Despite these developments and significant publicity, DOGE’s price fell about 65% over the year and failed to reach a new all-time high—making it an outlier among top cryptocurrencies. Community leaders emphasized a shift toward real-world utility instead of hype-driven speculation, arguing Dogecoin’s future growth depends on meaningful adoption rather than price surges.
