Dogecoin (DOGE) is set to close February with a 14% decline, marking its fifth consecutive month of losses. The meme coin has been in a downward trend since October 2025, when it fell 20% below its monthly average. Despite a brief recovery attempt, a broader crypto market downturn, including a 5.6% drop in Bitcoin, has erased recent gains, leaving DOGE at $0.08802, an 8.84% decrease in the last 24 hours. The ongoing bearish trend has seen Dogecoin's monthly performance consistently fall below its average, with significant declines in November, December, and January. The first two months of 2026 have continued this trend, with DOGE down 25% so far. Weak derivatives and poor ETF demand further contribute to the negative outlook, as institutional interest remains low and assets under management for DOGE ETFs stay below $10 million.