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.
While prices remain under pressure, deeper metrics hint at potential turning points. The question now is whether these signals are enough to spark a meaningful 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.
Sponsored
Sponsored
DOGE Whale Holding. Source: SantimentTheir 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. Their restraint has helped limit volatility and provided a base of price stability during recent drawdowns.
Dogecoin’s Past Might Dictate Its Future
Dogecoin’s broader performance context remains challenging. During Q4 2025, DOGE lost nearly 50% of its value. That decline erased a large portion of investor profits and weakened confidence. Selling pressure dominated as speculative interest faded across meme coins.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
DOGE Q4 2025 Price Analysis. Source: TradingViewSeasonal data offers a contrasting perspective. Over the past 11 years, DOGE has posted an average Q1 return of roughly 93%. While such gains are unlikely to repeat, the historical trend supports a constructive outlook. Seasonal strength often coincides with renewed risk appetite.
DOGE Historical Quarterly Returns. Source: CryptoRankAnother supportive factor is DOGE’s entry into ETF-related discussions. Although spot products have underperformed expectations so far, exposure through regulated channels improves visibility. Increased institutional access may benefit DOGE over time, even if the short-term impact remains muted.
Sponsored
Sponsored
DOGE Price Awaits Strong Bullish Cues
Dogecoin price has declined nearly 20% over the past three weeks. At the time of writing, DOGE trades near $0.121. The meme coin is holding above the $0.117 support level. This zone has preserved most gains recorded earlier in the year.
Looking ahead, the outlook leans bullish under stable conditions. A recovery toward $0.152 represents the most realistic upside target. This level acted as a key support in prior cycles. A stronger rally reclaiming Q4 2025 losses could push Dogecoin price toward $0.273, though that scenario requires broader market strength.
DOGE Price Analysis. Source: TradingViewDownside risk remains if sentiment deteriorates further. Continued disappointment from spot ETF activity could pressure the price.
A breakdown below $0.117 would expose DOGE to declines toward $0.113 or $0.108. Losing this range would invalidate the bullish thesis and extend the correction.
Shiba Inu has historically performed well during the first quarter of the year. Data shows the meme coin averages a 35.8% return during Q1. This seasonal trend offers a constructive backdrop for SHIB price action in early 2026. Such a move, however, would mainly offset losses recorded in November rather than establish a new uptrend.
Sponsored
Sponsored
A stronger recovery requires consistent investor participation, which SHIB is currently receiving. Wallet activity suggests holders are maintaining exposure instead of exiting positions.
This behavior indicates growing confidence compared with late 2025. While enthusiasm remains measured, the underlying support improves SHIB’s ability to stabilize during broader market uncertainty.
SHIB Historical Quarterly Returns. Source: CryptoRankSHIB Holders Are Changing Their Stance
Macro momentum for Shiba Inu shows early signs of improvement. The Chaikin Money Flow indicator declined steadily throughout Q4 2025, reflecting persistent capital outflows.
That trend weighed heavily on price performance and limited upside attempts. Since the start of 2026, CMF has begun to turn higher.
The recent uptick suggests selling pressure is easing as outflows decline. CMF measures capital movement using price and volume data.
Sponsored
Sponsored
In SHIB’s case, reduced outflows indicate investors are becoming less aggressive sellers. If CMF continues rising and crosses above the zero line, inflows would be confirmed. Such a shift typically supports sustained price advances.
SHIB CMF. Source: TradingViewSHIB Price Has a Shot At Recovery
SHIB price has dropped 18.66% over the past three weeks. At the time of writing, the token is trading near $0.00000754. The meme coin remains above the critical $0.00000751 support level. This zone has preserved nearly all gains recorded earlier in January and continues to act as a short-term floor.
Current conditions point toward a potential reversal. The recent price decline, combined with rising capital inflows, has formed a bullish divergence. This setup often precedes short-term rebounds.
A recovery could push SHIB toward $0.00000836. Clearing that level would open the door to $0.00000898 or higher. From a broader perspective, the macro target stands near $0.00001285.
SHIB Price Analysis. Source: TradingViewDownside risk still exists if investor support weakens. Failure to defend the $0.00000751 support would signal renewed selling pressure. In that case, SHIB could slide toward $0.00000691 or lower.
Such a move would invalidate the bullish outlook and extend the correction. Price stability depends on sustained inflows and improving sentiment through the quarter.
Source: https://beincrypto.com/dogecoin-shiba-inu-price-prediction-q1-2026/
