DOGE Whales Accumulating: Possible Reversal for Dogecoin Price?

February 13, 2026

Cryptocurrency enthusiasts are closely watching the Dogecoin price, currently hovering around $0.093, considering recent market fluctuations. Despite a recent decrease of -14% over two weeks, on-chain data suggests a potential reversal might be on the horizon as large DOGE holders, known as whales, accumulate over 171M DOGE.

Amidst this renewed DOGE sentiment, the broader meme coin sector is seeing positive movement, with newer dog-themed projects like Maxi Doge (MAXI) attracting investor interest. MAXI, in its presale stage, has already raised $4.5M, reflecting growing confidence in meme coins within the crypto community.

The meme coin category, as indicated on CoinGecko, has displayed a +2.6% growth today, surpassing major cryptocurrencies like Bitcoin and Ethereum, which are currently down by -1.6% and -1.8% respectively. The DOGE Whale Accumulation data by Santiment reveals that historically, increased whale activity often precedes heightened volatility. As whales buy up millions of DOGE, it suggests a possible market shift that could bump up prices.

Crypto Fear and Greed Index, currently at 9/100, indicates ‘extreme fear’ among retail investors, reminiscent of the COVID crash in March 2020. However, large DOGE holders continue to accumulate tokens, especially when market sentiment is low. Their strategic purchasing reduces token availability on exchanges, strengthening price stability.

Analyzing Dogecoin’s technical indicators presents a promising outlook. The falling wedge pattern forming on higher timeframes signals a bullish reversal. If the DOGE price breaks through the $0.125 resistance level, it could target around $0.165, or even reach highs of $0.27 to $0.30, as seen in the summer of 2025. These technicals combined with whale accumulation set a strong foundation for a potential upswing in prices.

In parallel, Maxi Doge ($MAXI) emerges as an intriguing alternative for investors seeking high-volatility opportunities within the meme coin market. Positioned in its presale phase with robust funding, MAXI presents early-bird pricing and attractive staking rewards, offering an avenue for those interested in speculative meme coin trends. As DOGE navigates key resistance points, attention shifts to newer projects like MAXI, potentially fueling the next wave of meme coin enthusiasm.