Dogecoin Forecast: -20% Crash – DOGE Plummets While Crypto Whales Stay Bullish (October 2025 Update)
- Why Are Crypto Whales Buying Dogecoin During the Crash?
- Is Dogecoin Undervalued Right Now?
- Could Dogecoin Really Hit $6.90?
- What Makes Maxi Doge Different From Other Meme Coins?
- Is Now the Time to Buy Dogecoin or Explore Alternatives?
- Frequently Asked Questions
Dogecoin (DOGE) has experienced a brutal 20% crash in the last 24 hours, yet on-chain data reveals crypto whales are accumulating aggressively. The MVRV Z-Score suggests DOGE is undervalued, mirroring conditions before previous bull runs. Analyst Kaleo predicts a potential 3,000% surge if DOGE breaks its long-term resistance. Meanwhile, new meme coin Maxi Doge (MAXI) is gaining traction with its unique fitness-themed approach, having raised $3.5M in presale. This article examines whether the current dip presents a buying opportunity and explores if MAXI could be "the next DOGE" in 2025's volatile crypto market.
Why Are Crypto Whales Buying Dogecoin During the Crash?
While retail investors panic-sold during yesterday's market bloodbath, blockchain data tells a different story. According to Coinglass, a staggering $150 million in DOGE was withdrawn from exchanges - the largest net outflow since June 2024. In crypto terms, when whales pull assets off exchanges, they're typically preparing to hold long-term rather than trade. This accumulation pattern often precedes major rallies, as we saw before DOGE's 2021 bull run.

Is Dogecoin Undervalued Right Now?
The MVRV Z-Score, which compares market value to realized value, currently sits at -0.8 for DOGE. Historically, scores below zero have marked excellent entry points:
| MVRV Z-Score | Date | Subsequent 90-Day Performance |
|---|---|---|
| -1.2 | March 2023 | +420% |
| -0.7 | November 2024 | +190% |
| -0.8 | Current (Oct 2025) | ? |

Could Dogecoin Really Hit $6.90?
The BTCC research team notes that analyst Kaleo's $6.90 target WOULD require DOGE to:
- Break the 2-year descending trendline at $0.18
- Flip the $0.25 resistance into support
- Maintain buying pressure through the $0.40 psychological barrier
While ambitious, the 3,000% potential gain aligns with DOGE's historical volatility. During the 2021 bull run, Doge delivered 15,000% returns in 4 months. However, as always in crypto, past performance doesn't guarantee future results.
What Makes Maxi Doge Different From Other Meme Coins?
While most meme coins rely solely on hype, Maxi Doge (MAXI) combines viral appeal with tangible utility:
- Fusion Concept: Merges meme culture with fitness tracking
- APY Incentives: Offers up to 85% staking rewards
- Community Allocation: 40% of tokens distributed to holders
- NFT Integration: Plans for workout-based NFT rewards

Is Now the Time to Buy Dogecoin or Explore Alternatives?
The current market presents a classic crypto dilemma - double down on established assets like DOGE or chase newer projects with higher risk/reward profiles like MAXI. From my experience trading through three market cycles, these crashes often create the best opportunities... if you've done your research.
Remember that time in 2022 when everyone swore meme coins were dead? Then BONK happened. The market's memory is shorter than a goldfish's attention span. Whether you're team DOGE or team MAXI, the key is position sizing - never bet more than you can afford to lose on these volatile plays.
Frequently Asked Questions
How low could Dogecoin drop in October 2025?
Technical analysis suggests $0.12 could act as strong support based on volume profiles from TradingView data. However, in extreme market conditions like we saw in June 2024, DOGE briefly touched $0.08 before rebounding.
What exchange offers the best liquidity for Dogecoin trading?
BTCC currently provides DEEP DOGE liquidity with tight spreads, especially for larger orders. Their derivatives products also allow for hedging strategies during volatile periods.
Is Maxi Doge's presale still open?
As of October 12, 2025, MAXI's presale has raised $3.5M and remains active, though the token price increases every 72 hours. Early participants receive bonus allocations.
How does Dogecoin's current crash compare to previous ones?
This 20% drop ranks as the 7th largest single-day decline in DOGE history. The most severe was May 2021's 45% crash, which preceded a 600% recovery over the next three months.