Dogecoin and Shiba Inu Struggle as Bitcoin Dominance Grows

Dogecoin (DOGE) and Shiba Inu (SHIB) are facing increased selling pressure despite whale accumulation, as reported by CoinDesk on December 18, 2025.

Increased Whale Accumulation

• Over the past week, large holders of DOGE and SHIB have increased their positions by 5% and 3% respectively, according to data from CoinGecko.
• Despite this, both memecoins have failed to reclaim key technical levels, with DOGE struggling to break the $0.10 resistance and SHIB facing resistance at $0.000012.
• The accumulation trend suggests a belief in long-term value, but short-term market dynamics continue to favor Bitcoin.

Technical Levels and Market Pressure

• DOGE needs to surpass the $0.10 mark to alleviate selling pressure, a level last seen on December 10, 2025.
• SHIB's key resistance at $0.000012 has been a significant barrier since December 15, 2025.
• Both memecoins are experiencing a market share decline, with Bitcoin's dominance reaching 52% as of December 18, 2025, per CoinMarketCap.

Market Outlook and Whale Influence

• The current market sentiment indicates a shift towards Bitcoin, with DOGE and SHIB down 3% and 4% respectively in the last 24 hours.
• Whales continue to accumulate, with notable transactions including a purchase of 100 million DOGE by an anonymous wallet on December 17, 2025.
• Analysts from TradingView suggest that without a significant catalyst, DOGE and SHIB may continue to lag behind Bitcoin in the short term.

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