Dogecoin News Today: Shiba Inu Whale Activity Surges 600% as Altcoin Season Debate Intensifies

Traders and analysts are intensifying the debate over the emergence of an altcoin season, as Shiba Inu (SHIB), Dogecoin (DOGE), and Cardano (ADA) demonstrate varied levels of activity and positioning [1]. Although the Altcoin Season Index remains below 40—indicating that Bitcoin still outperforms most altcoins—these tokens are highlighting distinct paths that could define a more selective altcoin season [1].

Shiba Inu has shown resilience in a cooling market, with a price of $0.000012 and a market cap of approximately $7 billion [1]. Whale activity has surged by over 600% in recent weeks, suggesting increased participation from long-term holders. The development of Shibarium, its Layer-2 network, continues to support DeFi transactions and NFT activity, expanding the ecosystem’s utility and governance structure [1].

Dogecoin, trading at around $0.20, remains one of the most liquid altcoins, with a market cap of $30 billion and daily volume of $1.7 billion [1]. Despite a 5% drop from its late-July highs, DOGE functions as a liquidity anchor during periods of heightened speculative demand. Analysts forecast potential resistance at $0.215 and a possible move toward $0.30 if risk appetite strengthens further [1]. Its consistent retail support and integration into payment platforms differentiate it from other meme coins, allowing it to maintain volume across market cycles [1].

Cardano’s price is stabilizing near $0.73, with a market cap of $26 billion and daily volume above $1 billion [1]. The project remains active on its technical roadmap, including Hydra scaling and Mithril sync upgrades, while progressing through Voltaire governance steps. Institutional and regulatory-focused investors are showing interest in ADA, with on-chain liquidity expanding through stablecoins like USDA and Djed. Total Value Locked has reached $470 million, positioning ADA to potentially benefit from broader inflows later in 2025 [1].

The Altcoin Season Index below 40 suggests that the market is not yet in full rotation, but SHIB, DOGE, and ADA illustrate that rotation does not have to be broad to be meaningful. Each token offers a unique value proposition: SHIB emphasizes ecosystem sustainability, DOGE serves as a liquidity anchor, and ADA aligns with institutional and regulatory narratives [1]. Traders are increasingly allocating capital to tokens with clear utility or liquidity structures, even as mid-cap altcoins remain subdued [1].

Collectively, SHIB, DOGE, and ADA reflect the layered nature of the current altcoin season debate. While it remains uncertain whether this will evolve into a full-scale altcoin season, these tokens are already influencing how traders view capital rotation in mid-2025 [1].

Source: [1] Altcoin - DOGE Liquidity, SHIB Whales, ADA Align (https://cryptonews.com/news/altcoin-season-debate-shiba-inu-dogecoin-and-cardano-test-market-rotation/)