The cryptocurrency landscape is ever-shifting, and just days before Halloween, a significant shift occurred in the world of Dogecoin (DOGE). A staggering $440 million worth of DOGE was offloaded by market whales in a mere 72 hours, casting a shadow over bullish prospects for the meme coin as we head into November. Gone are the dreams of an eagerly awaited “Uptober” for Dogecoin aficionados; the reality is that bearish sentiment has taken root, leading some of the most ardent holders to abandon ship.
440 million Dogecoin $DOGE sold in 72 hours! pic.twitter.com/UYDwACNSvH— Ali (@ali_charts) October 31, 2025
The impact of this mass selling is palpable. The bears have successfully pushed the price of Dogecoin below critical support levels, particularly a vital demand zone at $0.18. This has effectively derailed what was once a promising ascending channel setup that targeted price levels between $0.26 and $0.33. If bulls can’t reclaim this territory, the next significant support could plummet down to $0.07, indicating a dramatic unwinding of the gains made during the recent bull run and drawing the price back to pre-bull market levels.
So, what does this mean for Dogecoin’s future? Could we be on the brink of a full-scale collapse? Interestingly, historical data suggests that there may be glimmers of hope. The cryptocurrency has shown resilience in the past, finding support around the $0.12 and $0.09 levels—these points might act as soft landings that could limit potential losses to around 30% or even 50%. As selling pressure appears to be diminishing according to momentum indicators, a turnaround might just be around the corner.
According to technical indicators, the MACD histogram’s transition below the signal line suggests the onset of a new downtrend. Meanwhile, the Relative Strength Index (RSI) is approaching the oversold territory, historically signaling potential reversal points for Dogecoin’s price. If the coin can manage to bounce from these lows, it could invalidate the recent downward trend and re-establish the bullish momentum needed for a remarkable recovery—a rally of up to 190% to targets like $0.50 is not entirely out of the realm of possibility.
Supporting the potential for a recovery are fundamental factors, including the easing of U.S. interest rates, which often rekindles risk appetites among investors. Added to this is the budding interest in spot DOGE Exchange-Traded Funds (ETFs), which might provide new avenues for demand and investment.
As the meme coin dynamics shift, it’s crucial to recognize that Dogecoin often serves as a barometer for the broader sentiment around meme coins. Therefore, as bearish trends continue to loom over DOGE, many traders are diverting their attention to projects that promise genuine utility amidst speculation. One exciting contender is the ICO SUBBD ($SUBBD), an AI-driven content platform positioning itself to revolutionize a market valued at $85 billion.
Never miss a sale again.As a top creator, your audience is global. It’s just not possible to cater to everyone – you can’t be online 24/7 🫠That’s where your personal AI Assistant comes in, to handle requests and secure payments. Sleep peacefully knowing you’re making money… pic.twitter.com/ju9VjLBmea— SUBBD (@SUBBDofficial) March 26, 2025
By eliminating intermediaries, SUBBD empowers creators to reclaim control over their audience and income, facilitating a more equitable environment. For fans, this translates into exclusive access to token-gated content, discounts, and early engagement opportunities—elements that lend a new depth to the fan experience.
This shift reflects a longstanding issue in the creator economy, and investors are taking note—early contributions to the presale have already neared $1 million. SUBBD represents a return to the core mission of cryptocurrency: decentralization and shared value. The question remains, what will you choose?Will you ride the ebb and flow of Dogecoin, or will you explore the untapped potential of projects with real-world applications?
As we navigate this pivotal moment for Dogecoin and the broader cryptocurrency market, engagement is key. Let us know your thoughts in the comments below and join us as we explore the unfolding story of digital currencies!