Meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) are at a critical juncture, with both on-chain and derivatives data suggesting further price declines. Large wallet investors ("whales") and retail traders are reducing their risk exposure, significantly boosting selling pressure.
Declining Interest and Risk Reduction
- Derivatives Data (Futures Open Interest):Futures traders are closing positions and lowering leverage, indicating reduced risk appetite:
- DOGE: Futures Open Interest (OI) is down 2% to $1.70 billion.
- SHIB: Futures OI is down 7% to $77.80 million.
- PEPE: Futures OI is down 8% to $227.45 million.
- Whale Activity Waning (On-Chain):Data shows that large investors are losing interest or actively selling:
- DOGE whales (holding >100M tokens) have been muted since November 1st.
- SHIB and PEPE whales (holding 100M-1B tokens) show a clear declining trend in holdings, signaling intense supply pressure.
Technical Breakdown by Coin
1. Dogecoin (DOGE)
- Price Action: Down over 4% and trading below the $0.18000 level, struggling to hold the key support at $0.17816.
- Downside Risk: A decisive close below $0.17816 could lead to a drop toward the $0.15704 level.
- Bearish Signals: A "Death Cross" (50-day/200-day EMA) has occurred, and another bearish crossover (100-day/200-day EMA) is impending, confirming the bearish trend. Momentum indicators (MACD and RSI at 36) suggest significant downside potential.
2. Shiba Inu (SHIB)
- Price Action: Down over 3% and trading below the psychological level of $0.00001000. It is currently risking a break below the key support at $0.00000974.
- Downside Risk: Breaking $0.00000974 could stretch the downtrend to $0.00000930 or even $0.00000874.
- Bearish Signals: The uptrending MACD is losing momentum, and the RSI at 40 is reversing before reaching the midpoint, indicating renewed selling pressure.
3. Pepe (PEPE)
- Price Action: Ticking lower by 5% and approaching a local support trendline near $0.00000620.
- Downside Risk: Slipping below $0.00000620 could target key support levels at $0.00000525 and $0.00000279.
- Bearish Signals: All major EMAs (50, 100, 200-day) are declining, suggesting a strong bearish trend. Both the MACD and RSI (at 34, nearing oversold) are confirming the intense selling pressure.
In summary, weak demand from both retail and whale segments is allowing bearish technical structures to dominate, putting all three major meme coins at risk of further significant correction.
November 2025, Cryptoniteuae