Dogecoin recorded a negative return of 20.5% in October, failing for the second consecutive year to achieve the "Uptober" effect widely anticipated in the crypto market (which typically refers to strong cryptocurrency performance in October). In the same period last year, Dogecoin also fell by 20%. This decline broke the token's consecutive gains of 31.2% recorded in August and September, with its price falling to $0.07197 in October, erasing some of its third-quarter gains.