Dogecoin Hits 74-Day Low as Pepe Rallies 14% in a Week

1 hour ago 3 sources neutral

Key takeaways:

  • DOGE's reduced issuance is failing to offset weak demand, reinforcing bearish sentiment near $0.073 support.
  • PEPE's relative strength above key averages suggests capital rotation toward higher-beta meme coins.
  • Dogecoin Labs' partnerships are structurally positive, but near-term price impact remains limited.

Dogecoin traded near $0.074–$0.076, its lowest in 74 days, even as Pepe posted a 14% weekly gain and Shiba Inu extended its slide. On-chain data showed the Dogecoin network produced 1,356 blocks in 24 hours, 84 short of its 1,440 target, resulting in about 5.83% fewer blocks and trimming new DOGE issuance.

The slower issuance has not lifted price. DOGE has lost about 18% over the past month and trades below its 50-day and 200-day moving averages near $0.083 and $0.090, respectively. RSI at 36 leaves it close to oversold, while MACD has turned higher, a potential early sign of fading selling pressure. Support sits near $0.073, with resistance at $0.081 and $0.088.

Shiba Inu traded near $0.0000047, down 19% monthly and 4% weekly. SHIB sits below both key trend lines, with RSI at 36 and MACD still pointing downward. Support is near $0.0000045 and resistance at $0.0000048.

Pepe stood apart, trading near $0.0000049 and gaining 14% in a week. It is the only one of the three major meme coins above its 50-day and 200-day averages. RSI reads 58, and MACD remains positive. The first support is near $0.0000046, with resistance at $0.0000057.

The broader market context includes International Doge Day on Nov. 2. DogeOS and FLOKI posted tributes to Kabosu, the Shiba Inu behind the Doge meme, while an event took place at Sakura Furusato Square in Sakura City, Japan. CoinGecko data placed DOGE at about $0.07371, down 2.1% over 24 hours and 4.4% over seven days, with a market cap around $11.5 billion and roughly 90% below its all-time high of $0.7316.

On the development side, Dogecoin Labs has united MyDoge, DogeOS and Such App to build wallets, payments and apps using DOGE. House of Doge was designated as the Foundation's official commercial partner, while its SEC filing disclosed a license covering 21Shares Dogecoin products and an agreement to transfer Such App assets to Dogecoin Labs in exchange for shares valued at $4 million. MoonPay also previously announced native DOGE support across more than 6,000 merchants.

Previously on the topic:
Oct 28, 2026, 11:14 p.m.
Pepe Surges on Justin Sun's Reported $51M Stake While DOGE and SHIB Lag
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