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Dogecoin drops over 20% in October, defying typical 'Uptober' crypto gains.

Market News
31 Oct 2026, 18:43 WIB
UToday
View Source
Bearish
Dogecoin drops over 20% in October, defying typical 'Uptober' crypto gains.

Dogecoin experienced a significant 20.5% loss in October 2026, continuing a negative trend from the previous year despite expectations of a strong 'Uptober' performance, a month usually positive for cryptocurrencies. This decline reversed gains made in the third quarter, dropping Dogecoin's price from $0.09447 to $0.07197. The loss marks the second consecutive October with negative returns for Dogecoin, raising uncertainty about its performance in the final months of the year.

Dogecoin holds a market cap of Rp235.7 trillion on Pluang as of October 31, 2026, 23:02 WIB, with a 24-hour trading volume of Rp9.04 trillion. Despite the article's note of a 20.5% drop in October, Dogecoin's price on Pluang shows a mild 0.22% decrease in the last day, trading at Rp1,373. The typical hold time for Dogecoin investors on Pluang is 111 days, indicating a moderate-term investment horizon among users.

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