Dogecoin may be more than a meme, according to a new report by crypto asset manager 21Shares.
The firm challenges the notion that DOGE lacks financial merit, presenting data that suggests even a small allocation can meaningfully enhance a portfolio’s performance.
The study modeled what happens when just 1% of a Bitcoin-weighted 60/40 portfolio (traditional stocks and bonds, plus 3% BTC) is allocated to Dogecoin. Across the board, portfolios with DOGE outperformed the baseline in both returns and risk-adjusted metrics. Annual returns increased from 7.25% to nearly 9% in some cases, and Sharpe ratios — a key measure of risk-adjusted performance — improved consistently.
While adding DOGE introduced slightly more volatility, drawdowns remained relatively contained. Even portfolios left untouched without rebalancing only saw a modest dip in downside performance, suggesting the inclusion of Dogecoin added upside potential without destabilizing the overall mix.
Beyond historical modeling, 21Shares also shared forward-looking price targets for Dogecoin by 2025. In a bullish scenario, the firm sees DOGE reaching $1.42, citing growth patterns from past cycles. A neutral projection places it at $1.00, while a conservative outlook estimates a floor near $0.38 — assuming the asset doesn’t surpass its previous all-time high from 2021.
Despite ongoing debates about whether rival tokens like Shiba Inu could overtake it, Dogecoin continues to show resilience — and now, according to 21Shares, it may also deserve a serious seat at the investment table.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
Source: https://coindoo.com/dogecoin-isnt-a-joke-anymore-heres-the-data-to-prove-it/