Dogecoin News Today: Shiba Inu and Dogecoin Whales Shift Capital to Meme Coin Presale

Wealthy investors in Shiba Inu (SHIB) and Dogecoin (DOGE) have been quietly acquiring a presale token known as MAGACOIN FINANCE, signaling a strategic shift of capital toward emerging opportunities in the meme coin space [1]. These investors, often referred to as “whales,” have historically played a key role in driving momentum and price action for meme coins. With both DOGE and SHIB currently showing signs of bullish movement, a portion of profits is being reallocated into MAGACOIN FINANCE, a next-generation meme-driven DeFi project in its presale phase [1].

Dogecoin has seen one of its strongest performances in 2025, recently surpassing $0.24 amid broader market optimism. Whale investors have amassed over 680 million DOGE since August 1, with large-holder ownership approaching half the total supply [1]. This accumulation has reduced market liquidity and strengthened key support levels, increasing the likelihood of a breakout to $0.28 or even $0.30. Traders are closely monitoring the $0.220 support level, as sustained whale activity could help sustain the rally despite broader volatility [1].

Meanwhile, Shiba Inu, currently trading at $0.00001382, is nearing a potential technical breakout as it tests a multi-month falling wedge pattern. Analysts suggest that a successful breakout could push the price toward $0.000018 in the short term, with longer-term projections reaching as high as $0.000033. The formation of higher lows on recent charts indicates growing momentum, and top traders are optimistic about a potential tripling in market capitalization if key resistance levels are overcome in the coming weeks [1].

MAGACOIN FINANCE has attracted attention for its audited security framework, fair tokenomics, and early performance metrics that some analysts compare to the early days of top-performing meme coins [1]. Rumors of potential listings on major exchanges have further fueled investor interest, and the project has become a favored destination for those seeking to reinvest gains from recent DOGE and SHIB surges. With a limited presale window, early participants are positioning themselves for what could be a high-multiple return [1].

The broader meme coin market, with a total valuation near $80 billion, continues to show resilience driven by retail enthusiasm, social media influence, and growing institutional curiosity. While SHIB and DOGE remain dominant in terms of market cap and brand recognition, the sector is increasingly seeing interest in smaller, innovative projects that offer new utility and community-driven value propositions [2]. The involvement of high-net-worth investors in MAGACOIN FINANCE suggests a belief in the potential for outsized returns, though the speculative nature of such investments means outcomes can be highly variable and contingent on market sentiment [3].

Sources:

[1] title: Shiba Inu & Dogecoin Millionaires Quietly Buying This Presale Gem

url: https://coinmarketcap.com/community/articles/689e95c2657247299ed70286/

[2] title: Michelle DG, Author at CoinCentral - Page 139 of 206

url: https://coincentral.com/author/michelle/page/139/

[3] title: Press Release - CryptoDnes EN

url: https://cryptodnes.bg/en/news/pressrelease/