Dogecoin News Today: DeSoc Gains $10M Liquidity as Shiba Inu Drops 20% and Dogecoin Retraces 14%

Generated by AI AgentCoin World
Thursday, Jul 24, 2025 3:46 pm ET2min read
Aime RobotAime Summary

- DeSoc ($SOCS) attracts $10M liquidity as Shiba Inu (SHIB) and Dogecoin (DOGE) face declining market traction and technical challenges.

- SHIB drops 20% monthly with reduced network activity, while DOGE retracts 14% after a short-lived ETF-driven rally, highlighting meme coin volatility.

- DeSoc's cross-platform integration, tokenized governance, and creator monetization tools position it as a utility-driven alternative to speculative meme coins.

- Investor surveys show 65% prioritize decentralized governance and verifiable utility, aligning with DeSoc's tokenomics and contrasting meme coins' social virality.

- The shift reflects broader crypto market maturation, emphasizing sustainable value creation over short-term social media trends despite DeSoc's untested long-term viability.

Bloomberg Style Press Release

DeSoc ($SOCS), a decentralized social media platform, has emerged as a focal point for investors previously invested in

(SHIB) and (DOGE) as both meme coins struggle with waning market traction. The project has attracted $10 million in liquidity from market participants, signaling a shift toward utility-driven crypto assets amid growing skepticism toward speculative meme coins [1]. DeSoc’s value proposition centers on addressing monopolistic effects in social media by offering cross-platform integration, tokenized governance, and monetization tools for creators. These features are positioning it as a potential catalyst for the next crypto bull cycle, particularly as Shiba Inu and Dogecoin face technical and structural challenges.

Shiba Inu’s price has declined by 20% in a single month, exacerbated by reduced network activity and a 10% drop in large transactions (over $100,000) compared to June 2025 [1]. The Shibarium network’s total value locked (TVL) has also plummeted from $6.44 million in December 2024 to $1.93 million, a trend historically correlated with further price deterioration. Technical indicators show the

price has fallen below key moving averages, with the 200-EMA ($0.00001456) acting as a critical resistance level. While the Supertrend indicator recently flipped to a bullish signal, analysts caution that sustained momentum requires a daily close above this threshold to confirm a reversal [1].

Dogecoin’s recent 27% weekly surge, driven by speculation around a spot ETF and a $500 million reserve buildup by mining firm

, has since stalled. The asset is now testing critical support levels, with analysts warning of potential further declines. A 14% retracement from its $0.26 peak has raised concerns about volatility, particularly as the Bollinger Band analysis suggests increased downside risk. Despite its social media-driven popularity, Dogecoin’s lack of inherent utility has left it vulnerable to market sentiment shifts, contrasting sharply with DeSoc’s focus on functional blockchain applications [1].

The exodus from meme coins reflects broader investor priorities. A recent on-chain analytics survey revealed that 65% of respondents prioritized decentralized governance models and verifiable utility when allocating capital to emerging projects [2]. DeSoc’s tokenomics, which include incentivized content creation, smart contract-driven operations, and a pay-per-access monetization model, align with these preferences. Unlike SHIB and

, which derive value from social virality, DeSoc’s architecture aims to sustain user engagement through tokenized rewards and decentralized infrastructure.

While DeSoc’s rapid adoption suggests a maturing crypto market, skeptics emphasize that its long-term viability remains untested. Analysts note that speculative behavior could resurface if broader market conditions improve, particularly given the project’s reliance on early-stage hype. However, the $0.01 price point for SOCS tokens has attracted early adopters seeking to capitalize on potential liquidity expansion, with some viewing the project as a more durable alternative to meme coins [1].

The transition from SHIB and DOGE to DeSoc underscores a critical industry trend: the prioritization of utility over speculation. As Shiba Inu’s TVL and network activity continue to erode, and Dogecoin grapples with technical headwinds, DeSoc’s emphasis on real-world applications has resonated with investors seeking sustainable value creation. This shift may redefine crypto investment strategies, emphasizing projects that address structural challenges in digital ecosystems rather than relying on transient social media trends [2].

Sources:

[1] [It’s Live! DeSoc Turns Heads Of Shiba Inu And Dogecoin Investors](https://coinmarketcap.com/community/articles/68828adf56504861a5177d70/)

[2] [DeSoc Is Quickly Becoming The Most Hyped Crypto Of 2025](https://thecoinrise.com/desoc-is-quickly-becoming-the-most-hyped-crypto-of-2025-as-ripple-and-avax-holders-jump-onboard/)