Dogecoin’s Chaotic Dance with BONK & Shiba Inu: Meme Coin Mayhem?

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Dogecoin, that lovable, chaotic little dog of the crypto world, still limps ahead like a drunkard with a silver spoon in its mouth. Between February 6 and 15, it stumbled upward 47%, dragging the meme coin sector-now a ragged band of followers-along with it by 43%. A parade of fools, led by a mutt with a price chart.

Now, BONK and Shiba Inu, those two overeager puppies, are wagging their tails in tight circles, trying to mimic Dogecoin’s bullish strut. Their next move? Depends on whether Dogecoin can confirm it’s not just tripping on hallucinogenic altcoins. Correlation, holder behavior, and price structure all scream: “Dogecoin still holds the leash.”

BONK and Shiba Inu: Breakout or Breakdown?

BONK and Shiba Inu cling to Dogecoin like barnacles to a sinking ship. Correlation? A 0.99 for BONK, 0.97-0.99 for Shiba Inu. That’s not friendship-it’s codependency. Their price structures? Early signals screaming “breakout,” if you squint hard enough through the crypto fog.

BONK’s inverse head and shoulders pattern? A desperate dance on the 12-hour chart. Break above $0.0000075, and it could rocket to $0.000010-a 43% rally. But drop below $0.0000063, and it’s back to licking its wounds.

Shiba Inu’s bullish flag? A brief pause for breath before sprinting to $0.0000099. But if it falters below $0.0000057, the flag might just turn into a white flag of surrender.

The Meme Coin Circus Still Follows Dogecoin

The meme coin market cap, a bloated circus elephant, still mirrors Dogecoin’s every stumble. From Feb 6-15, it swelled 43%, while Dogecoin surged 47%. Even after a 12.5% dip, the circus hasn’t packed up yet. Why? Because Dogecoin’s $17 billion market cap (over 50% of the sector) makes it the ringmaster, whether we like it or not.

Holders and Whales: A Tale of Two Traders

On-chain data tells a story of chaos and conviction. The Spent Coins Age Band? It plummeted 64%, like a trader’s confidence after a bad date. Short-term holders, those crypto butterflies, ditched their coins, while long-term holders (the grizzled veterans) clung tighter. Whales? They added 280 million DOGE, like vultures circling a carcass but pretending to care.

  • Feb 10: Metric hit rock bottom. Dogecoin rallied 22% in four days-proof that hope springs eternal… or from a spreadsheet.
  • Jan 26: Another low. Dogecoin rose 6% in two days. The market’s a masochist.



Dogecoin’s Cup and Handle: A Desperate Gamble

Dogecoin’s cup and handle pattern? A gluttonous feast for bulls, but a famine for bears. The handle support at $0.103 holds, but buyers are like party guests-here today, gone tomorrow. Break above $0.117, and it’s a 50% rally. Fall below $0.098, and the party’s over. The Smart Money Index, those crypto gurus, still hang around, but they’re probably just waiting for the last clueless investor to leave.



Dogecoin, the meme king, still holds the throne-but it’s a throne made of sand. BONK and Shiba Inu wait, paws twitching, ready to pounce if the mutt doesn’t trip first.

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2026-02-17 03:26