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Dogecoin (DOGE) Returns by Hour, Weekday & Session

When has Dogecoin tended to rise or fall? Average returns by hour of day (UTC), weekday and trading session, measured on Binance spot DOGEUSDT hourly closes from 29 Sep 2023 to 29 Sep 2026. Seasonality in the past is not a forecast: most of these differences are small next to an hour's normal move.

Over 26,294 hourly returns since 29 Sep 2023, Dogecoin's strongest UTC hour on average was 21:00 (+0.060%, up 54.3% of the time) and its weakest 13:00 (-0.085%); the best hour's edge is within the noise once you allow for picking the best of 24 hours (t = 1.9). By UTC day, Wednesday averaged the most (+0.62%) and Tuesday the least (-0.82%), over 1,095 days. Weekends are quieter: the average weekend day ranged 4.70% against 5.96% on weekdays (21% less). Of the trading sessions, the Asia session lost the least in total (-14.1% cumulative over 782 weekdays).

26,294 hourly returns1,095 daily returns0 missing hours skippedSource: Binance spot DOGEUSDT, 1h candles (UTC)

Dogecoin average return by hour of day (UTC)

29 Sep 2023 – 29 Sep 2026 · 26294 hourly returns
Hour (UTC)MeanMedian% upAvg |move|t-statHours
00:00+0.035%+0.024%51.4%0.705%+1.01096
01:00-0.023%+0.008%50.5%0.686%-0.71096
02:00+0.016%+0.013%50.5%0.619%+0.51096
03:00+0.037%+0.011%50.5%0.552%+1.41096
04:00+0.021%+0.000%49.4%0.538%+0.81096
05:00-0.018%-0.014%48.5%0.567%-0.61096
06:00-0.013%+0.000%49.5%0.551%-0.51096
07:00-0.012%-0.036%47.4%0.556%-0.51096
08:00+0.004%+0.016%51.1%0.564%+0.21096
09:00+0.018%+0.011%50.4%0.530%+0.81096
10:00-0.013%+0.010%50.5%0.505%-0.61095
11:00-0.023%-0.005%49.5%0.516%-0.91095
12:00-0.020%+0.000%50.0%0.610%-0.71095
13:00-0.085%-0.053%46.7%0.755%-2.61095
14:00+0.005%+0.031%51.8%0.863%+0.11095
15:00-0.011%+0.029%51.3%0.843%-0.31095
16:00+0.020%+0.000%49.7%0.774%+0.51095
17:00+0.025%+0.077%54.3%0.720%+0.71095
18:00-0.030%+0.013%51.4%0.644%-1.01095
19:00+0.001%+0.025%52.1%0.631%+0.01095
20:00+0.011%+0.038%52.6%0.585%+0.41096
21:00+0.060%+0.050%54.3%0.616%+1.91096
22:00+0.055%+0.000%49.7%0.624%+1.91096
23:00-0.022%-0.015%48.4%0.492%-1.01096

Dogecoin average return by day of the week

UTC-day closes · 1095 days
WeekdayMeanMedian% upAvg |move|t-statDays
Monday+0.092%+0.070%51.0%3.643%+0.2157
Tuesday-0.819%-0.995%38.5%3.248%-2.4156
Wednesday+0.623%+0.171%51.9%3.254%+1.8156
Thursday-0.529%-0.922%43.6%3.352%-1.5156
Friday+0.572%+0.581%58.3%3.662%+1.4156
Saturday+0.502%+0.155%54.1%2.617%+1.6157
Sunday-0.168%-0.604%38.9%3.032%-0.5157

Dogecoin return by trading session

Weekdays · sessions overlap
SessionHoursMeanMedian% upAvg |move|CumulativeSessions
Asia00:00–08:00 UTC-0.020%+0.057%51.4%1.79%-14.1%782
Europe07:00–16:00 London-0.151%-0.295%44.4%2.02%-69.2%781
US09:00–16:00 New York (NYSE opens 09:30)-0.172%-0.033%49.4%2.20%-73.9%781

The sessions overlap (Asia and Europe share an hour or two, Europe and the US two to three), so their returns don't add up to the day's. Cumulative is every session's return compounded over the window.

Dogecoin weekend vs weekday volatility

UTC days
DaysAvg |daily return|Avg daily rangeAvg |hourly return|Days
Weekdays (Mon–Fri)3.43%5.96%0.666%781
Weekend (Sat–Sun)2.82%4.70%0.531%314

Range is the highest over the lowest hourly close of a UTC day (days with at least 20 stored hours).

Dogecoin hour × weekday heatmap

Mean hourly return in basis points (1 bp = 0.01%) · UTC
Day000102030405060708091011121314151617181920212223
Mon-15.3-12.9+5.8+0.2+5.2-6.9-7.0+4.3-2.7-0.5-1.3-2.3+9.1-13.8+15.8+6.0+5.0+4.8-10.2+11.8+2.4+1.2+9.1+1.3
Tue+3.4-9.8-15.4-2.1-11.3+0.0-4.7-9.8+0.8-4.3-3.8+9.4-7.7-12.4-7.7-6.4+1.6-4.6+5.5-16.1+0.7+9.5+11.9-7.4
Wed+8.9+0.0+11.3-0.3+9.0+1.8+6.6+7.5+10.5-0.6+1.7-11.2-10.4-10.1+1.2-2.5+3.7+2.1+3.3+14.0+6.0+14.7-6.8+1.5
Thu+12.4-6.1+6.4-1.3+7.8-11.5+2.1+0.4-1.9+5.4+1.4-0.1-17.2-19.4+1.9-12.4-10.4-4.6-17.5-13.0+6.4+13.8+7.1-2.7
Fri-0.6+9.1-3.8+13.4-7.3+11.9-2.5-8.2+9.2+14.6+0.8-8.9+10.5+14.7-11.5-10.6+13.6+11.7-10.1+9.5-0.3+3.2+2.8-4.1
Sat+12.0+3.8+11.7+8.2+5.2-2.0+4.4+0.0-9.1+4.9-2.8-3.7+5.0-8.5+7.7+11.8-6.9+6.5-3.2-1.3-1.7+8.1+1.8-1.7
Sun+3.8-0.1-4.7+8.1+6.6-5.6-7.8-2.4-3.6-6.8-5.1+0.3-3.0-10.2-4.0+5.9+7.3+1.8+10.9-4.3-6.0-8.1+12.5-2.3

How to read it. Mean and median are average hourly (or daily, or session) returns; % up is the share that closed higher; Avg |move| is the average size of the move either way. The best of 24 hours will look good by luck alone, so an hour needs a |t-stat| of about 3.1 or more (about 2.7 for the best of 7 weekdays) before its average is distinguishable from zero; |t| of 2 is not enough here. Returns are only counted where both closes are stored: 0 missing hours in this window were skipped, not bridged. See also Dogecoin monthly returns.

Source: Binance spot DOGEUSDT hourly candles (public API). Past seasonality is not a forecast. Not financial advice.

Dogecoin seasonality FAQ

What is the best time of day to buy Dogecoin?

The tables show which UTC hours and weekdays have had the highest and lowest average return in the data, with the share of hours that closed up and a t-statistic. Most hourly differences are tiny (hundredths of a percent) and within the noise. Because the best of 24 hours is picked after the fact, a single hour needs |t| of about 3.1 or more (a Bonferroni correction for 24 comparisons; about 2.7 for the best of 7 weekdays) before it counts as more than luck. Past seasonality is not a forecast.

How are the returns calculated?

From Binance spot USDT hourly candles: each hour's return is the log change from the previous hour's close to its own close, and each weekday's return from one UTC-day close (the 23:00 candle) to the next. A return is only counted when both closes are stored; Binance skips the odd hour for maintenance, and those gaps are left out rather than bridged. Percentages are converted back to simple returns for display.

What are the trading sessions?

Asia is 00:00–08:00 UTC; Europe 07:00–16:00 London time (06:00–15:00 UTC in British Summer Time); the US is the NYSE session, 09:30–16:00 New York time, measured 09:00–16:00 because the candles are hourly (13:00–20:00 UTC in US daylight time, 14:00–21:00 otherwise). The sessions overlap, so their returns do not add up to the day's. Weekdays only; exchange holidays are not taken out.

Is crypto more volatile on weekends?

The weekend table compares the average absolute daily return, the average intraday range (highest over lowest hourly close in a UTC day) and the average absolute hourly return on Saturdays and Sundays with Monday to Friday.