Dogecoin Rallies Against Trend as Traders Flee Memecoins

Despite market conditions remaining weak, investors have been offloading memecoins from Binance, with $1.2 billion in value leaving since October 2025. Darkfost, a CryptoQuant analyst, attributes this trend to traders reducing their exposure to high-risk tokens.

The soft US inflation rate has boosted risk appetite, causing Dogecoin's price to climb by more than 2%. The token is now trading near $0.074, up about 4.4% over the past 24 hours.

Darkfost warns that while Dogecoin may have joined the latest recovery in risk assets, its rebound may fade unless buyers return with sustained demand.