Ethereum News Today: Whales Exit DOGE as Meme Hype and Ethereum Shifts Define 2025 Bets

Presale FOMO is intensifying as market participants turn their attention to altcoins expected to lead the 2025 bull season. Among the most discussed tokens are Dogecoin (DOGE), PEPE, and a growing number of emerging meme coins, which are seeing renewed interest due to presale activity and speculative trading. Analysts suggest that while traditional altcoins like Ethereum (ETH) remain central to the market narrative, the surge in speculative and meme-based projects is reshaping investor behavior and portfolio allocations.

Dogecoin has become a focal point for bearish sentiment as its price structure suggests a potential 45% drop to $0.12 should the downward trend continue. On-chain data reveals declining open interest in DOGE futures to $3.24 billion, down from a peak of $5.35 billion in late July. This decline indicates reduced speculative positioning among traders, signaling a waning of short-term bullish expectations. Additionally, the movement of over 900 million DOGE—valued at over $200 million—into Binance has raised concerns about short-term sell pressure from large holders, who may be reallocating assets due to uncertainty around DOGE’s near-term trajectory.

Network activity for Dogecoin has also weakened. Daily active addresses have dropped to 58,000, a sharp decline from the 674,500 recorded in July and the 1.65 million peak observed in Q4 2024. This drop implies weaker user engagement and possibly diminished retail interest, which is a key driver of short-term price movements for meme coins. Technically, DOGE is retesting the support level of the rising wedge pattern at $0.218, and a break below this level could trigger further declines. The relative strength index (RSI) has fallen to 49 from an overbought 85, indicating that bearish momentum has been building for some time.

In contrast to the bearish DOGE narrative, other altcoins like Ethereum and emerging meme coins are drawing attention for their potential to outperform in the 2025 cycle. Ethereum, in particular, is seeing strong institutional interest with its Pectra upgrade enhancing scalability and staking infrastructure. The network’s active addresses and transaction volume have surged, and traders are shifting positions from Bitcoin to ETH, signaling a shift in macro positioning. Additionally, Ethereum’s 14,000% historical ROI is fueling discussions around projects like MAGACOIN FINANCE, which is being positioned as a high-growth opportunity for 2025.

Meme coins, especially PEPE and Layer Brett ($LBRETT), are also capturing attention with their viral appeal and speculative potential. PEPE, for example, has shown signs of whale accumulation and potential technical breakouts, while Layer Brett is being touted for its Ethereum Layer 2 architecture and scalability. Analysts have cited a 500x potential for $LBRETT based on its presale momentum and early market traction. These projects are leveraging both community-driven hype and technical infrastructure to differentiate themselves from pure meme tokens.

While Dogecoin remains a barometer of market sentiment, the broader altcoin landscape is evolving with institutional adoption, technical innovation, and growing investor confidence. The 2025 bull season is likely to see a mix of established and emerging projects, with presale FOMO driving early-stage allocations. Investors are advised to remain cautious and conduct thorough research, as the volatility and speculative nature of these assets can lead to rapid shifts in value.

Source: [1] Dogecoin whales de-risk as DOGE price is in danger ... (https://cointelegraph.com/news/dogecoin-whales-de-risk-doge-price-dropping-45-percent) [2] MAGACOIN FINANCE Poised for 25x vs Ethereum & PEPE (https://en.bitcoinsistemi.com/market-recovery-picks-magacoin-finance-poised-for-25x-vs-ethereum-pepe/) [3] Why Ethereum's 14000% ROI Is Driving MAGACOIN ... (https://www.mitrade.com/insights/news/live-news/article-3-1074657-20250828) [4] Best Altcoins for 2025: Chainlink, VeChain, HBAR, and the ... (https://coincentral.com/best-altcoins-for-2025-chainlink-vechain-hbar-and-the-meme-coin-contender-layer-brett/)