Dogecoin Price Climbs 20% Despite Negative Social Media Sentiment
Dogecoin has experienced a notable recovery over the past week, despite persistent bearish sentiment on social media. This could indicate potential for further price increases.
Negative Dogecoin Weighted Sentiment
Analyst Ali Martinez highlighted on X that Dogecoin's Weighted Sentiment is currently negative, as reported by analytics firm Santiment. The "Weighted Sentiment" reflects the dominant sentiment related to an asset across major social media platforms.
This metric combines two indicators: Sentiment Balance and Social Volume. Sentiment Balance measures net sentiment from social media posts through a machine-learning model that categorizes posts as positive or negative. It calculates the net situation by subtracting counts of both types of posts.
However, Sentiment Balance may not accurately represent the majority sentiment because it only considers active users' posts. To improve accuracy, the Weighted Sentiment incorporates Social Volume, which counts unique posts mentioning the cryptocurrency. By weighting Sentiment Balance with Social Volume, this metric ensures that significant sentiment trends are captured only when a large number of users express them.
The following chart shows the trend of Dogecoin's Weighted Sentiment over recent months:
The chart indicates that Dogecoin's Weighted Sentiment turned negative in December, coinciding with a price decline. Despite ongoing negative sentiment in 2025, Dogecoin has recently experienced a recovery rally exceeding 20%. The continued bearish outlook suggests that social media users have not yet adjusted their opinions.
Historically, digital assets often move counter to prevailing market sentiment. The chart shows that peaks in Dogecoin's price in November were aligned with sharp positive spikes in Weighted Sentiment.
Given the current pessimism among traders regarding DOGE, there may be potential for further upward movement before facing resistance.
DOGE Price
Following a recovery, Dogecoin's value has risen to approximately $387.
