Dogecoin and Shiba Inu lag market as memecoins continue to lose ground to bitcoin

• Dogecoin and Shiba Inu continue to underperform compared to broader crypto markets, highlighting ongoing de-risking in speculative assets.
• Despite increased whale accumulation, both DOGE and SHIB face selling pressure unless they reclaim key technical levels.
• Recent regulatory developments for SHIB have not translated into immediate price gains, as technical factors dominate meme coin trading.

Dogecoin and Shiba Inu moved lower in tandem Tuesday, extending a period of underperformance for meme coins as rising volume and tightening chart structures outweighed signs of accumulation by larger holders.

News background

• Meme coins remained under pressure as traders continued to rotate away from higher-beta exposures, even as broader crypto markets showed selective stabilization.
• Assets such as ether ETH$2,837.03 held comparatively firm, while speculative tokens like DOGE and SHIB continued to lag, reinforcing a widening performance gap inside the market.
• The divergence comes despite incremental improvements in market structure for Shiba Inu.
• Coinbase recently launched regulated SHIB futures contracts tied to its 1,000-token index, expanding compliant derivatives access in the U.S.
• While the development strengthens SHIB’s longer-term institutional framework, near-term price action across meme coins has remained dominated by technical factors rather than regulatory milestones.

Technical analysis

• Dogecoin fell 3.3% from $0.1302 to $0.1262, extending a sequence of lower highs and remaining capped beneath a descending trendline. Trading volume rose more than 50% above the seven-day average, pointing to active repositioning rather than thin-liquidity drift.
• The structure shows a descending triangle compressing around the $0.13 psychological zone. Repeated failures to reclaim $0.1265–$0.1270 have flipped former support into resistance, while heavier supply remains visible near $0.1360 following a high-volume rejection earlier this month.
• Shiba Inu displayed a similar profile. SHIB tracked DOGE lower during U.S. hours, failing to reclaim short-term resistance after slipping below its own consolidation floor.
• Volume picked up during declines, suggesting sector-wide distribution rather than isolated selling in a single token.

Price action summary

• DOGE traded within a narrow $0.004 range, briefly stabilizing near $0.1258 before settling around $0.1262. Bounce attempts were short-lived, with sellers re-emerging quickly above $0.13.
• SHIB showed comparable behavior, stabilizing after intraday weakness but failing to generate meaningful upside follow-through.
• The synchronized price action reinforces the view that meme coins are currently trading as a single risk bucket rather than on token-specific catalysts.

What traders should know

• DOGE and SHIB continue to underperform the broader market and assets like ETH, signaling ongoing de-risking in speculative corners of crypto.
• DOGE must reclaim $0.13 on sustained volume to neutralize the bearish structure. SHIB likewise needs to regain prior consolidation levels to shift momentum.
• Whale accumulation in DOGE contrasts with weak price action, suggesting longer-term interest but little short-term conviction. Until broken levels are reclaimed, rallies are likely to face selling pressure.

• As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
• GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
• Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

• ICP rose above $3, extending a short-term rebound from recent lows.
• Trading volume increased while remaining consistent with gradual positioning rather than aggressive accumulation.
• The former resistance area around $3 is now the key level to watch for near-term direction.

Disclosure & Polices: CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of Bullish (NYSE:BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services. Bullish owns and invests in digital asset businesses and digital assets and CoinDesk employees, including journalists, may receive Bullish equity-based compensation.