Dogecoin news today centers on a restructuring of the coin's commercial ecosystem and a fresh wave of large whale transfers, with DOGE trading at $0.07688 and up 2.46% over 24 hours.
Dogecoin news today: Dogecoin Labs replaces House of Doge
The Dogecoin Foundation named ABJ Labs Inc., operating as Dogecoin Labs, its official commercial partner after its exclusive trademark license with House of Doge was mutually terminated, effective 19 October. House of Doge keeps limited, nonexclusive rights to use Dogecoin marks for specified 21Shares products. It must change its corporate names by 31 December 2026 and owes the Foundation a $400,000 termination payment, according to reports published on 2 and 3 November.
Dogecoin Labs combines the MyDoge wallet, the DogeOS application layer and the Such App merchant payments tool.
Nasdaq separately moved against House of Doge's listing. The exchange notified the company on 27 October that its stock had closed at or below $0.10 for 10 consecutive trading days, and it scheduled a suspension for 3 November. The suspension and formal removal had not been confirmed at the time of publication.
Whale transfers show large and small holders moving in opposite directions
On-chain tracker Whale Alert logged a transfer of 564,253,393 DOGE, worth about $41.6 million, from Gate to an unknown wallet on 3 November. Earlier that day, a 421,638,488 DOGE transfer moved from an unknown wallet to Gate, a movement analysts often associate with sell pressure.
Santiment data show that wallets holding 10 million to 100 million DOGE shed about 120 million tokens since the prior Thursday, while wallets holding 100,000 to 10 million DOGE added roughly 100 million. Analysts read the split as large holders trimming exposure while smaller holders buy the dip.
ETF flows and technical levels
Spot Dogecoin ETFs recorded $538,030 in net outflows in the week ended 24 October, the largest weekly outflow since mid-August, according to SoSoValue data. Bitwise closed its DOGE fund on 14 October after assets fell to $684,000. US spot funds recorded zero net flows on 30 October, with cumulative net inflows of $16.43 million.
On Kraken daily closes, the 50-day moving average crossed below the 200-day on 28 October, a bearish pattern known as a death cross. The 30 October daily low of $0.0721 is cited as near-term support, with $0.068 named as the next major level by KuCoin News. Resistance sits near $0.079.
Derivatives data show short positions driving recent liquidations
DOGE futures open interest stands at $1.05B, down 1.94% over two days. The funding rate is 0.0082% per eight hours, well below the 0.03% level that typically signals overheated long leverage.
Total DOGE liquidations reached $2.66M across Binance, Bybit and OKX over the last 24 hours, and short liquidations made up 86.9% of that figure. The largest single event in the two-day period was $3.21M at 12:00 AM UTC on 4 November. Because open interest is roughly flat, the skew points to a short squeeze rather than fresh long buying.
The Fear & Greed Index reads 51 (Neutral) as of 5 November, up from a seven-day low of 27 (Fear). The index measures the whole market and does not isolate DOGE sentiment.
Why DOGE fell in October
CoinStats calculated a 19.7% decline in October, from $0.094506 on 1 October to $0.07588 on 31 October. CoinMarketCap's AI analysis attributes the drop mainly to derivatives buildup, where rising open interest and high funding rates left leveraged longs exposed to liquidation. Bitcoin ETF outflows and post-hack caution are cited as secondary factors.
Network activity also weakened, with about 155,288 transactions in the week beginning 26 October, roughly 45% below the year-earlier level.
Elon Musk and X
No new Elon Musk, X or Tesla announcements involving DOGE appeared in coverage reviewed for this period. A reported Musk reply on 31 October generated renewed interest, but that claim rests on a single account and has not been independently verified.