Dogecoin Whales Split as DOGE Falls for a Fifth Straight Week — While PEPE Holds Near $2 Billion

Dogecoin hovered around $0.075 on Monday after falling for a fifth consecutive week since the end of September, and the most interesting part of the story is not the price — it is who is buying and who is selling. Santiment supply-distribution data shows diverging whale activity: large holders have been reducing their positions while smaller whale wallets accumulate tokens. When the biggest wallets agree, the trend usually has conviction behind it. When they split, the trend is contested — and contested trends are the ones that reverse suddenly in either direction.

Dogecoin trades at about $0.076 on Monday, extending its retreat below all key exponential moving averages. The 50-day EMA at $0.082, the 100-day EMA at $0.083 and the 200-day EMA at $0.090 sit overhead as a layered supply zone, while a downward-sloping resistance trend line, last interacting around $0.079, continues to cap rebound attempts. Nearest support sits at about $0.0751, less than 1 percent below spot. CryptoQuant's summary data shows a bearish outlook for DOGE, with spot and futures markets showing large whale orders alongside heating conditions.

Dogecoin fell 20.1 percent in October, its second consecutive October loss, closing the month at $0.07197 after closing the third quarter at $0.09447, despite a 31.2 percent gain between July and September. A move back above the $0.079 trend line, then the $0.082 to $0.083 EMA cluster, would be the first evidence that the smaller-whale accumulation is winning.

Pepe: a CoinGecko snapshot timestamped November 1, 2026 at 03:13 UTC put PEPE at $0.00000503, with circulating and maximum supply both at 420,690,000,000,000 tokens, a market capitalisation of approximately $2.11 billion and 24-hour trading volume of $489.6 million, at market-cap rank 46. A live snapshot on Sunday put PEPE at $0.00000492 at 6:05 a.m. ET (11:05 UTC) on November 1, down 1.51 percent over the prior 24 hours. Later listings put PEPE at about $0.0000049 with a market capitalisation of about $2.06 billion, 24-hour volume of $285.30 million, up 1.03 percent on the day but down 2.69 percent over seven days and up 14.80 percent over 30 days — still 82.69 percent below its all-time high of $0.00002803 from December 9, 2024.

October 30 provided the proof that a single large seller still matters: PEPE dropped to around $0.0000049 after the attacker behind the Binance hack sold 7.77 trillion tokens worth about $31.66 million. Market capitalisations on October 29 put Dogecoin at about $12.2 billion, Shiba Inu at $2.85 billion and PEPE at $2.07 billion, with Bonk and Floki far smaller at roughly $267 million and $224 million. Later listings put Dogecoin at about $12.94 billion with 24-hour volume of $296.56 million, trading at $0.0757, up 1.04 percent over 24 hours, with a Fear and Greed reading of 34.

FAQ

Why are Dogecoin whales in the news? Santiment data shows large holders reducing positions while smaller whale wallets accumulate.

Where is DOGE trading? Around $0.075 to $0.076 on Monday, after a fifth straight weekly fall, below its 50-day ($0.082), 100-day ($0.083) and 200-day ($0.090) EMAs.

What is the key DOGE resistance? A downward trend line near $0.079, then the $0.082 to $0.083 EMA cluster; nearest support is about $0.0751.

Where is PEPE trading? About $0.0000049 to $0.00000503 in November 1 snapshots, with a market capitalisation near $2.06 to $2.11 billion and supply of 420.69 trillion tokens.

What moved PEPE on October 30? A sale of 7.77 trillion tokens worth about $31.66 million by the Binance-hack attacker.

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Related reading on the site: the memecoin liquidity guide in Meme Coins.

This article is market news and general information only, not financial advice.