Meme coins are back under the spotlight as traders search for early signs of a market shift. Dogecoin and Shiba Inu are showing contrasting signals, with whale behavior and on-chain data drawing attention. Dogecoin whales accumulated $1.8 billion DOGE, but price still lacks strong bullish momentum. Seasonal Q1 strength supports DOGE and SHIB, yet broader market sentiment remains fragile.
Shiba Inu inflows improve as CMF rises, increasing chances of short-term recovery. Mega whale activity remains a key support factor for Dogecoin. Since early October 2025, wallets holding between 100 million and 1 billion DOGE have accumulated more than 9 billion tokens. At current prices, that position is valued at nearly $1.8 billion.
This steady accumulation suggests long-term conviction despite poor short-term performance. Their strategy, however, has yet to produce a sustained rebound. DOGE price continues to trade well below prior highs. The positive signal is that these whales have not distributed holdings.
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