Summary

  • Upbit holds over $1.1 billion in DOGE and SHIB per Arkham data.
  • DOGE price remains below $0.08 amid November 2026 declines.
  • Meme coin sector market cap reaches approximately $36 billion.

South Korea's Upbit exchange holds over $1.1 billion in dogecoin and shiba inu. This covers 13 networks as of November 2026. Arkham data shows $819.8 million in dogecoin and $284.15 million in shiba inu.

These positions hit the tokens while prices stay under pressure. The exchange supplies liquidity for traders right now.

Context

Meme coins emerged more than a decade ago with dogecoin as an early example. Their combined market capitalization now stands near $36 billion. Upbit's reported position underscores the role of major exchanges in supporting trading volume during downturns.

November 2026 price data shows dogecoin trading below the $0.08 level.

"JUST IN: Upbit holds over $1.1 billion in $DOGE and $SHIB, Arkham data shows The exchange holds $819.8 million in DOGE and $284.15 million ..."

, Cryptodotnews (https://x.com/cryptodotnews/status/2120107945333862518)

Details

The $1.1 billion figure covers holdings spread across multiple networks. Dogecoin accounts for the larger share at $819.8 million. Shiba inu follows at $284.15 million.

These amounts position Upbit as a significant liquidity provider for both tokens. Price trends reflect ongoing downward momentum for dogecoin and shiba inu. Daily and weekly movements show declines consistent with wider meme coin weakness.

The exchange data coincides with active trading from South Korean participants.

Outlook

Traders will monitor whether Upbit's holdings sustain order flow or if further price erosion develops in the weeks ahead.