Dogecoin’s Key Metric Signals Market Is Entering Accumulation Territory
Forget the memes—a critical Dogecoin indicator just flashed a signal that's got traders leaning in.
The Accumulation Whisper
When a specific, often-overlooked metric starts trending in a particular direction, it doesn't just hint at sentiment—it screams it. The data suggests smart money is starting to position itself, moving quietly while the retail crowd debates the next viral tweet.
Reading Between the Lines
This isn't about daily price swings or social media hype. It's about a foundational shift in holder behavior that typically precedes significant moves. The pattern points toward consolidation, a phase where weak hands get shaken out and long-term believers double down—classic accumulation playbook, even for an asset born from a joke.
The Cynic's Corner
Of course, in crypto, 'accumulation' is often just a polite term for 'hoping the greater fool theory holds for one more cycle.' But sometimes, the charts tell a story even the skeptics have to acknowledge.
The signal is on the board. Now we see if the market has the patience to play the long game.
Dogecoin Moving Into Accumulation Mode
A fresh reading indicates that the Dogecoin market is currently at a pivotal juncture that could shape its next trajectory and price dynamics. Sina Estavi, a builder and the Chief Executive Officer (CEO) of Bridge AI, reported that on-chain data is pointing to a decisive shift in the current market trend of DOGE.
Estavi’s research is based on the key dogecoin Bubble Risk Model, a metric that determines when the price of an asset is significantly overvalued relative to its fundamental value. After examining this crucial metric, the builder has found a shocking trend that suggests the meme coin is experiencing a positive market phase.
According to the expert, the data from the metric is quite clear, showing that Doge is currently not in a bubble phase. It is worth noting that the bubble-risk indicator only flashes red when speculative excess rises to extreme levels. Meanwhile, recent data is showing that the signal is muted in comparison to previous market cycles.
This development opposes the tales of fear that frequently emerge with significant price fluctuations. Rather, the signal suggests that the market is acting in a surprisingly stable manner, bolstered by consistent accumulation, strong holder belief, and robust network activity.
Estavi highlighted that from a structural standpoint, Dogecoin is shifting into an accumulation territory, not a blow-off top. In the meantime, this measure is unfolding as a subtle but potent indicator that the asset’s base is still far stronger than critics believe.
Active Addresses Showing Up At A Substantial Rate
The gradual shift into accumulation territory is evidenced by the massive wave of active wallet addresses on the Dogecoin network. Despite the ongoing volatility in the market and pullback in DOGE’s price, new investors appear to be reappearing at a substantial rate.
Ali Martinez, a market expert and trader, shared this development, which points to renewed demand and confidence in the leading meme coin. Data from Martinez shows that Dogecoin recorded over 71,589 active addresses on the network as of Thursday.
As seen on the chart, the figure marks the highest spike in the metric since September 2025. This rapid expansion suggests that genuine momentum is developing beneath DOGE’s current market trend, possibly foreshadowing a significant shift in market behavior and future price direction.
At the same time, heightened accumulation has also been ongoing within the whale cohort. In another X post, Martinez noted that whale investors have gone on a buying spree, scooping up millions of DOGE in the last 2 days. Within the time frame, the cohort acquired over 480 million DOGE, valued at approximately $71.2 million at current prices.
