Dogecoin’s Wild Uptober: Whales Fuel Rally to $0.27 as Meme Coin Falters – Is $1 in Sight or Hype Fading?
Dogecoin surged nearly 10% in early October 2025, peaking near $0.27 before heavy whale selling triggered an 8% drop to the mid-$0.24s. As of Oct. 11, DOGE trades around $0.24–$0.25, holding most weekly gains. On-chain data show whales accumulated over 30 million DOGE during the dip, with the top 1% of addresses now controlling more than 96% of supply. Social media mentions and bullish technical signals have increased.