The performance of Dogecoin regarding the price differs every day. To make the best decision to buy Dogecoin, we are analysis in this article the performance of Dogecoin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on January 31st, 2014 to December 9th, 2023.
In the barchart below, the weekdays and average performance of Dogecoin are shown side by side.
According to the performance of Dogecoin between January 31st, 2014 and December 9th, 2023, Dogecoin performed the best on Wednesdays. On average, the price of Dogecoin increased 14.51% on Wednesday.
The weekday on which the Dogecoin performed the worst, is Friday. On Fridays, the Dogecoin declined in value on average by -0.12%.
Dogecoin weekday performance
Historical performance on Sunday do not show an increase in value of the Dogecoin on which a prediction can be made. The Dogecoin increased in value on average on an average Sunday with 0.89%. However, the uncertainty of this increase is high. The expected change in value of the Dogecoin on a Sunday is between -13.26% and 15.05% (see also the table below).
On an average Monday the Dogecoin shows an increase in value of 2.28%. However, the change of Dogecoin on most of the Mondays is between -38.66% and 43.22%. Therefore it is hard to tell whether an average Monday is a good day to start buying Dogecoins.
The increase in value of the Dogecoin is 3.06% on an average Tuesday. However, the uncertainty on the average change is high for the Dogecoin on Tuesdays. This is the reason why an expected increase of the Dogecoin on an average Tuesday cannot be predicted. The standard deviation for Dogecoin on Tuesdays is high, namely 52.62%. This means that the expected range of value change for the Dogecoin is -49.56% and 55.68% on 68% of the Tuesdays.
The increase in value of the Dogecoin is 14.51% on an average Wednesday. However, the uncertainty on the average change is high for the Dogecoin on Wednesdays. This is the reason why an expected increase of the Dogecoin on an average Wednesday cannot be predicted. The standard deviation for Dogecoin on Wednesdays is high, namely 227.97%. This means that the expected range of value change for the Dogecoin is -213.45% and 242.48% on 68% of the Wednesdays.
The increase in value of the Dogecoin is 5.31% on an average Thursday. However, the uncertainty on the average change is high for the Dogecoin on Thursdays. This is the reason why an expected increase of the Dogecoin on an average Thursday cannot be predicted. The standard deviation for Dogecoin on Thursdays is high, namely 70.78%. This means that the expected range of value change for the Dogecoin is -65.47% and 76.08% on 68% of the Thursdays.
It is hard to tell whether the Dogecoin will increase or decrease in value on an average Friday. The average change on a Friday for the Dogecoin is -0.12%. However, the standard deviation on this weekday is 16.69%. This means that on most Fridays, the change in value of the Dogecoin is between -16.81% and 16.57%.
On an average Saturday, the Dogecoin increased 0.60%. However, since the expected deviation is 21.95%, the Dogecoin will decline in value on a Saturday quiet regularly. The expected price change of the Dogecoin on a Saturday is between -21.35% and 22.55%.
Dogecoin weekday performance details
Find below the details of the performance of Dogecoin per day of the week. Both the average change in percentage and the standard deviation. The higher the standard deviation is, the higher the variation within the range of average change. Therefore, the 68% range has been added, which represents the change in price on 68% of the days.
| Weekday | Average change (%) | Standard deviation (%) | 68% range |
| Sunday | 0.89% | 14.16% | -13.26% to 15.05% |
| Monday | 2.28% | 40.94% | -38.66% to 43.22% |
| Tuesday | 3.06% | 52.62% | -49.56% to 55.68% |
| Wednesday | 14.51% | 227.97% | -213.45% to 242.48% |
| Thursday | 5.31% | 70.78% | -65.47% to 76.08% |
| Friday | -0.12% | 16.69% | -16.81% to 16.57% |
| Saturday | 0.60% | 21.95% | -21.35% to 22.55% |