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Dogecoin drops 16.1% in October, breaking its usual seasonal trend with unresolved trademark issues and market uncertainty.

Market News
28 Oct 2026, 21:15 WIB
CryptoTicker
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Bearish
Dogecoin drops 16.1% in October, breaking its usual seasonal trend with unresolved trademark issues and market uncertainty.

Dogecoin's price fell 16.1% in October 2026, closing below its October 1 level for 26 of 28 days, defying the typical crypto seasonal strength in October. Key factors include an unresolved trademark dispute, flat fund inflows, and high leverage costs, while the upcoming US central bank rate decision adds market uncertainty. Despite the decline, investors with savings plans benefit from lower prices, but the overall outlook remains cautious with only three trading days left in the month.

Dogecoin's price shows some recovery with a 1.77% gain in the last day on Pluang, trading at Rp1.437 as of Oct 29, 2026 01:22 WIB. Market activity remains mixed, with 59% of orders to sell and 41% to buy, while typical holders keep their positions for about 111 days.

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