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Memecoins rebound with Dogecoin eyeing $0.10 as speculative interest returns in late October.

Market News
27 Oct 2026, 12:00 WIB
AMBCrypto
View Source
Bullish
Memecoins rebound with Dogecoin eyeing $0.10 as speculative interest returns in late October.

Memecoins have seen a market cap drop from $37 billion in late September to just over $26 billion in October amid broader crypto outflows exceeding $300 billion. Dogecoin, the largest memecoin, corrected by over 18% but showed signs of recovery with a 10% gain in late October. Derivatives data indicates renewed bullish sentiment, suggesting a potential short squeeze that could push Dogecoin toward the $0.10 resistance level. This shift may signal a broader move from Bitcoin to riskier altcoins if momentum sustains into November.

Following the recent buzz around Dogecoin's potential short squeeze, the coin is trading at Rp1.397 on Pluang as of Oct 27, 2026, 16:21 WIB. Despite the article's note of a 10% gain, Pluang data shows a more modest 1-day increase of 0.43%. Dogecoin's market cap stands at Rp219,18 trillion with a strong buying interest reflected in 84% buy orders and a typical hold time of 111 days among Pluang users.

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