MegaETH's USDm Pre-Deposit Rollout Encounters Technical Issues and User Uncertainty

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Nov 26 2025

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Pre-Deposit Launch Issues: MegaETH's USDm stablecoin pre-deposit launch on November 25, 2025, faced significant challenges, including website outages and unclear instructions, frustrating early supporters who had completed KYC and were ready to deposit funds.
Technical and Communication Failures: The pre-deposit process, intended to be first-come, first-served with a $250 million cap, was disrupted by severe technical issues and conflicting messages regarding the deposit cap, leaving users confused about their participation status.
Stablecoin Framework: Despite the launch difficulties, the USDm stablecoin is built on a robust framework, utilizing Ethena’s USDtb system, with deposits locked until the mainnet launch and only USDC on Ethereum accepted during the pre-deposit.
Project Continuation and Future Plans: MegaETH remains committed to its roadmap despite the rocky start, promising clearer updates as the mainnet launch approaches and ensuring that pre-deposit participants will still receive future rewards.

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Technical Analysis for DOGE

Technical Sentiment Analysis for Dogecoin (DOGE) As of , Dogecoin (DOGE) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for DOGE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, DOGE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Dogecoin (DOGE) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.0457	0.0629	0.0817	0.0988	0.118	0.135	0.154
Fibonacci	0.0629	0.0766	0.0851	0.0988	0.113	0.121	0.135

About DOGE

Dogecoin (DOGE) is based on the popular 'doge' Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin's creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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