Dogecoin has made some significant recoveries over the past week, but social media users remain bearish. Why it could be good for the rally.
Dogecoin weighted sentiment has been negative recently
As pointed out by analyst Ali Martinez in a new post At X, the Dogecoin Weighted Sentiment is still in the red. “heavy feeling” Here the analyst firm refers to an indicator of sentiment that tells us the dominant sentiment related to a given asset that exists on major social media platforms.
This metric is based on two other indicators: emotion balance and Social volume. The first of these, sentiment balance, calculates the net sentiment present on social media.
It works by putting different posts/messages/threads through a machine-learning model to distinguish between positive and negative posts. Then, it takes the two counts and subtracts them to determine the net market position.
While the sentiment balance provides a rough overview of social media, it may not always be the best representation of the majority of users, as it may only take into account data from the posts currently in place. That is, it only tells about the sentiment of active users, whether they are actually a minority by number or not.
To mitigate this problem and achieve greater accuracy, weighted emotion incorporates a second element: social volume. This indicator measures the total unique number of posts on social media that mention cryptocurrencies.
Thus, by weighting the sentiment balance by this metric, weighted sentiment ensures that its value only registers a spike (in either direction) when there is a significant trend toward a sentiment and is said by a large number of users. Voiced emotion is given voice.
Now, here is the chart for weighted sentiment for Dogecoin shared by analysts that shows the trend in its value over the past few months:
As demonstrated in the graph above, dogecoin-weighted sentiment turned negative in December as the meme coin’s bull rally hit a barrier, and its price reversed downward.
So far in 2025 the negative sentiment has not changed, but interestingly the price has trended. During the last week, the asset has a Recovery rally More than 20%. Continued bearish sentiment would mean that the race is not yet enough to change the opinion of social media users.
Historically, digital assets have tended to move in a way that is contrary to the expectations of the majority. From the chart, it is apparent that there were sharp positive spikes in sentiment weighted with Dogecoin’s peak in November.
So, given that traders are currently pessimistic about DOGE, it is likely that this latest rally may have more room to run before hitting a wall.
DOGE price
After its recovery over the past few days, Dogecoin has seen its value climb to the $387 mark.
