Senators Elizabeth Warren and Richard Blumenthal requested the U.S. Securities and Exchange Commission probe Trump's memecoin.
The post, now deleted, touted a token called $VLAD and falsely claimed it would be listed on Robinhood.
Noxa, the launchpad behind CASHCAT's rise, racked up nearly $12 million in fees before going dark, giving away its revenue, and leaving Robinhood Chain's memecoin economy in freefall.
Robinhood Chain has pulled in $135 million of value and 800,000 addresses since July 1. Almost none of it is doing what the chain was built for.
From alcohol dares to head-shaving challenges, memecoin campaigns are turning engagement into exploitation.
A memecoin trader turned a $2,480 bet into more than $12 million, creating one of the sector’s rare breakout winners at a time when the broader memecoin market is collapsing. On-chain analyst Ember CN reported June 1 that the trader bought Binance Life, also known as BianRensheng, within half an hour of its deployment and […]
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Open interest in Shiba Inu climbed 2.1% over the past 24 hours even as spot trading volume fell 18%, sending conflicting signals about where the token is headed next. Related Reading: History Shows Bitcoin ETF Outflows Favor Accumulation, Says Santiment What The Chart Is Showing SHIB is currently trading around $0.0000056, near its historic lows, after dropping 10% in the past seven days. That decline brought the token back down to a key support zone around $0.0000055 — a level that has cushioned price drops since the coin’s early days in 2021. Despite repeated tests, sellers have not managed to push the price into a sustained breakdown below that area. The broader chart structure is a contracting descending triangle that has kept a lid on SHIB since its 2021 peak. Each time the token tried to recover, it ran into the triangle’s falling upper resistance line and got turned back. That pattern has been in place for years, and it remains the dominant force on the weekly chart. A Wave Pattern Points To A Possible Turning Point Analyst Aurex Finance, writing on TradingView, outlined a completed three-wave corrective structure that may signal the end of SHIB’s long decline. The first wave took the price from a March 2024 high of $0.000045 down to $0.000010 by August 2024. A partial recovery followed, lifting SHIB to $0.000033 in December 2024, before a third wave pushed prices back toward the lower edge of the triangle, where they sit now. According to the analysis, the three-wave decline appears to have ended right on top of a long-term support zone, creating what technical analysts call a confluence. That overlap between the wave completion and the support level is what leads Aurex Finance to suggest the multi-year correction could be in its final stretch. Two Levels Bulls Need To Clear Reports from the analysis indicate that any recovery attempt will face two clear hurdles. The first is the falling resistance trendline sitting near $0.000011. The second is the previous recovery high from late 2024, around $0.000033. Related Reading: When Bitcoin Gets Ignored, It Tends To Rally The Hardest, Analyst Says Breaking above both levels would represent a meaningful shift in market structure and hand momentum back to buyers. Until that happens, the long-term picture stays technically weak. The triangle has been compressing price action for so long that a breakout — in either direction — could produce a sharp move once it finally comes. Featured image from San Diego Zoo, chart from TradingView
Trader sentiment in Shiba Inu derivatives market has done a complete 180 over the past week. Net positions — which sat at around -200 million just days ago, reflecting a market tilted toward short bets — have swung to more than +400 million in net longs as of May 11. That kind of shift in a short window is not common. Related Reading: Nearly 80% Of Bitcoin Supply Hasn’t Moved As Long-Term Holders Tighten Grip From Short To Long: A Full Reversal The turnaround began around May 6, when net positions started climbing out of negative territory. By May 9, the indicator had crossed into positive ground, and it kept climbing. According to market watcher CW, buying pressure has grown sharply and is now dominating the market. “The upward momentum of $SHIB is increasing explosively,” he said. The upward momentum of $SHIB is increasing explosively. Upward pressure is very strong. pic.twitter.com/krXs9zhcM7 — CW (@CW8900) May 10, 2026 That momentum shows up clearly on the price chart. SHIB has been rising steadily from the $0.00000615 range, forming a pattern of higher lows and higher highs since May 10 — a sign that buyers have held control without the market getting sloppy or erratic. The price reached above $0.00000660 by May 11, a gain of roughly 6.50% over the past week. Open Interest Climbs Past 6 Billion The derivatives market is also pulling in fresh participants. Open Interest — which tracks the total value of outstanding contracts — rose from just above 5 billion on May 5 to over 6 billion at the time of reporting. That increase suggests traders are opening new positions rather than simply closing old ones. When prices rise alongside growing Open Interest, it typically points to sustained demand rather than a technical bounce driven by short sellers getting squeezed out. Reports indicate that this combination is what analysts often look for when assessing whether a rally has legs. Leverage Cuts Both Ways Still, the same buildup that has driven prices higher carries risk. With Open Interest elevated and long positions stacked up, a slowdown in price movement could set off a chain of forced liquidations. If SHIB struggles to push higher while leverage stays elevated, a quick drop becomes more likely — even if the broader direction has not changed. Related Reading: XRP Market Now Controlled By Whales? Dominance Reaches 91% On Binance For the upside to continue, reports say SHIB needs to hold above the $0.00000665 to $0.00000670 range. That zone now acts as a key level. If buyers defend it, the next leg higher remains on the table. If they don’t, the market may correct sharply before finding its footing again. Featured image from Anne Arundel County Government, chart from TradingView
A crypto analyst has placed a seven-figure bet against Dogecoin, warning that the market looks dangerously overextended. CryptoQuant’s JA Maartun opened a short position of 1 million DOGE, citing a sharp and rapid buildup of leveraged contracts that he described as a risky setup. Related Reading: Bitcoin Bull Run Brewing: ATH In Sight By Late 2026: Analyst The Numbers Behind The Warning DOGE futures open interest climbed 33% in just five days, jumping from roughly 505 million to approximately 683 million DOGE contracts. The surge was steady, beginning around April 23 and peaking close to 685 million before settling slightly. What made the move stand out wasn’t just the size — it was the fact that price barely moved during the same period. DOGE traded in a narrow band between $0.094 and $0.101 while the contract volume swelled. That kind of divergence typically signals traders piling into positions on borrowed exposure rather than actual buying in the spot market. Maartun’s short targets a price of around $0.09069, which would represent roughly a 10% drop from where DOGE was trading at the time of his post. DOGE: Open Interest is up +33% in the last 5 days. ???? pic.twitter.com/zVvia03RGh — Maartunn (@JA_Maartun) April 28, 2026 A Crowded Market With Nowhere To Hide When open interest rises sharply without a matching move in price, it creates tension. Both sides of the trade — long and short — become vulnerable to a sudden unwind. If buyers can’t push DOGE higher, overleveraged long positions may be forced to close, sending the price down fast. If sellers miscalculate, a short squeeze can push it sharply upward instead. Either way, the setup tends to produce volatility. Maartun acknowledged the risk openly, calling his own trade a “risky” one before placing it anyway. That kind of candor is uncommon in crypto commentary, where analysts often present calls with more confidence than the data supports. Bitcoin is currently futures-driven. Open interest is rising, but on-chain apparent demand remains net negative despite ETF inflows and Saylor buys. Historically, bear markets end when both spot and futures demand recover. pic.twitter.com/HcCjBQTniL — Ki Young Ju (@ki_young_ju) April 27, 2026 Bitcoin’s Weakness Adds Pressure The situation for DOGE doesn’t exist in isolation. Reports indicate that CryptoQuant’s CEO Ki Young Ju flagged a similar pattern in Bitcoin earlier, noting that BTC’s push toward $79,000 had been driven by futures activity rather than real demand. Related Reading: Crypto Markets Rattle As Bitcoin Sinks Under $77K Following Oil Spike On-chain data showed spot buying was still negative even as institutions and ETF inflows kept headlines bullish. Bitcoin subsequently pulled back toward $75,000 — and altcoins like DOGE felt the pressure. With Bitcoin retreating and DOGE futures open interest at elevated levels, the path of least resistance may be downward. A broader market dip would likely accelerate any unwind of crowded DOGE positions, given how quickly sentiment can shift in lower-cap assets. Featured image from Pexels, chart from TradingView
The Solana memecoin launchpad will now split revenue evenly between buybacks and operations, replacing a nine-month policy that funneled every dollar into burning PUMP.
Three sitting US senators have opened a formal investigation into a dinner event tied to US President Donald Trump’s memecoin, with questions mounting over whether the arrangement amounts to a “pay-to-play” scheme that funneled money from ordinary investors to a tight circle of insiders. Related Reading: Bitcoin’s Big Players Are Accumulating — Is $80K Just The Start? Senators Move To Examine The Event The dinner became a flashpoint after analyst Simon Dedic posted on X that the Trump-linked token had been used to drain money from retail buyers at a scale that dwarfs many past crypto failures. Based on his figures, roughly $4.3 billion left the pockets of everyday investors. About $1.2 billion of that ended up in wallets controlled by insiders, while $320 million reportedly went to entities connected to the Trump family. I am wondering whether the Trump memecoin dinner tonight is one of the most damaging thing that has happened to crypto’s reputation in years. Even worse than FTX or Luna. Those at least pretended to be something legitimate before they collapsed. But this is the President of the… pic.twitter.com/l9nzwaN1jv — Simon Dedic (@sjdedic) April 25, 2026 The token itself has lost around 95% of its value from its peak. An estimated 2 million holders are now sitting on losses — most of them late buyers who entered based on hype and name recognition rather than any underlying project. A Different Kind Of Collapse What sets this situation apart from earlier crypto disasters is how it unfolded. The FTX collapse and the Terra Luna crash were painful. But both projects, at least on the surface, claimed to offer something real before they fell apart. Reports indicate that critics see this situation differently — less about a failed experiment, more about a structure that was designed to benefit a few from the start. That framing is what has made the Trump memecoin dinner such a charged topic in crypto circles. The blending of political branding, celebrity influence, and speculative trading has put the story in front of audiences far beyond the usual crypto crowd. That visibility cuts both ways. It draws attention to the losses suffered by retail investors, but it also puts crypto itself under a harsher light at a time when the industry has been trying to build mainstream credibility. Related Reading: XRP Signals Imminent Breakout — Is A 10% Rally Coming? Credibility On The Line The congressional scrutiny comes as the broader crypto industry watches closely. Two million holders are now on record as having lost money on the token, a number large enough to draw attention from lawmakers who have long questioned whether the space needs tighter oversight. That pressure was already building before this event surfaced. The investigation by the three senators has yet to produce formal findings. But its existence alone signals that this story is moving beyond crypto forums and into the kind of political and regulatory territory that could have lasting consequences for the industry. Featured image from Unsplash, chart from TradingView
Wallets holding at least 1 million BONE quietly grew their positions by over 4% in April — a detail that might say more about where this token is headed than any single-week spike in new addresses. Related Reading: XRP Signals Imminent Breakout — Is A 10% Rally Coming? Validator Activity Drives Holder Surge BONE, the gas token powering Shiba Inu’s Layer-2 blockchain Shibarium, crossed 93,000 holder addresses this week after adding 5,653 new wallets in seven days. That weekly growth rate hit 87%, a sharp jump from the prior week. According to the Shibizens X account, operated by the Shibarium team, most of that growth traces back to validator re-delegations on the network rather than a wave of new retail buyers. Etherscan data confirmed the total at 93,010 at the time of reporting. $BONE holder count has surpassed 93,000 addresses. ???? +5,653 new holders in the last 7 days → ~87% increase vs the previous week Key drivers: • Validator re-delegations on Shibarium Observed trends: • Tokens moving off exchanges into non-custodial wallets • Increased… pic.twitter.com/svq50JlfYP — Shibarium | SHIB.IO (@Shibizens) April 23, 2026 On-chain data also shows BONE tokens moving away from centralized exchanges and into non-custodial wallets. Reports from Shibizens indicate transaction activity is climbing alongside an expanding active user base — trends that typically point to reduced short-term selling pressure and growing user confidence in the network. Big Wallets Holding Long, Holding More The 4.2% position increase among large holders in April has pushed their collective share to almost 60% of total supply. These top wallets aren’t new to the token. Based on reports from Shibizens, their average holding period sits around 412 days — well over a year — suggesting major participants are focused on Shibarium’s longer-term trajectory rather than reacting to short-term price swings. Trading volume also moved sharply higher, rising 51.77% over a 24-hour window to reach $1.7 million. That spike in volume came even as BONE’s price remained under pressure, trading around $0.05766 — a 2.5% drop in a single day. Price Gap Remains A Heavy Overhang The numbers paint a complicated picture. Year-to-date, BONE has lost 28% of its value. Over the past month alone, it shed more than 10%. Those losses are part of a much larger decline that has stretched over years. Related Reading: Stablecoins Go Institutional As Morgan Stanley Rolls Out New Portfolio BONE once traded at $41.67 — its all-time high, reached in September 2021. At its current price, the token sits 99.86% below that peak. The gap between where BONE trades today and where it once stood is something no single week of holder growth can paper over. The BONE network surpassed 93,000 holders following what the Shibarium team is calling a massive weekly surge. Whether the holder growth, rising volume, and accumulation by large wallets point to something bigger — or simply reflect routine network activity — remains to be seen. Featured image from Unsplash, chart from TradingView
Gunfire cut short the White House Correspondents’ Dinner on April 25, forcing the evacuation of President Donald Trump after a man armed with multiple weapons charged a security checkpoint at the high-profile gala. In a post on Truth Social, Trump revealed that US law enforcement agents subdued the suspect, who was later identified as Cole […]
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An anonymous wallet bought 2.79 billion ASTEROID tokens for $575 on April 17 and exited Tuesday for 503 ETH, worth $1.17 million, in one of the year's cleanest memecoin trades.
A return to all-time highs would put Shiba Inu near $0.000088 — a price level the token has not touched since 2021. That target is back in focus after an analyst flagged that SHIB is trading inside the same accumulation zone that previously sent the meme coin surging by four digits. Related Reading: Strategy Raises $1.76B War Chest As Saylor Signals Bigger Bitcoin Buy Analyst Pins Target At $0.000087 Crypto Patel, a market analyst, published a chart showing SHIB sitting inside what he calls “Support Zone (Accumulation Zone 1).” According to the analyst, buyers flooded this same zone twice before — once in 2021, which produced a 1,660% rally, and again in 2024, when the token climbed 746%. The current price, around $0.000006, sits above his key floor at $0.000004. If that floor holds and buying pressure builds, Patel projects the token could climb as high as $0.00008789 — a gain of roughly 1,364% from where it trades now. $SHIB Is Back At The Exact Zone That Pumped It 1660% & 746% Before…???? Will #SHIBAINU 20x This Alt Season? pic.twitter.com/7V7RMXWH9J — Crypto Patel (@CryptoPatel) April 18, 2026 The full bullish projection puts the move at 2,200%, though Patel himself raised doubts about whether that ceiling is reachable, even in a strong altcoin market. The token has spent years trying and failing to reclaim the heights it hit in 2021. That year marked both its all-time high and the last time it traded anywhere near the projected target. A Tightening Chart Pattern Adds To The Setup A descending resistance line has been pressing down on SHIB’s price over time, squeezing the range in which it trades. According to the analyst, that compression is approaching its end. When such patterns resolve, prices tend to move sharply in one direction. The question is which direction. On-chain data adds a layer of nuance. Reports indicate that SHIB’s exchange netflow turned negative recently, with a net outflow of 41.67 billion tokens. When more coins leave exchanges than enter, it often signals that holders are moving assets into personal wallets — a pattern associated with accumulation rather than selling. That said, over 81 trillion SHIB tokens remain on exchanges, a figure that dwarfs the recent outflow. Related Reading: Rave Token Crashes 95% As Manipulation Allegations Trigger Panic Bears Still Hold The Advantage On Longer Timeframes Not all analysts share Patel’s optimism. Separate reports note that SHIB remains caught in a pattern of lower highs, with resistance stacked between $0.0000073 and $0.0000079. A drop below current support could pull the price toward $0.0000051, according to those projections. The picture, for now, is split. The technical setup that Patel points to has delivered before. Whether history repeats depends on whether buyers show up in force at the levels that matter. Featured image from Unsplash, chart from TradingView
A Bitget veteran, Vugar Usi inherits a top-three exchange built on zero fees, 3,000 tokens and a compliance record he himself calls a "missing point" in its growth.
New wallet creation in the Shiba Inu ecosystem has held steady at between 5,000 and 12,000 per month, pushing total holders past 1.50 million — a sign that retail interest has not dried up despite a rough stretch for the token’s price. Related Reading: UK Slaps Sanctions On $20B Crypto Black Market Tied To Southeast Asia Scam Rings Tokens Flow Back To Exchanges That growth figure, released by the Shibarium team, comes at an awkward time. On-chain data from CryptoQuant shows that nearly 40 billion SHIB tokens moved into exchanges over a 24-hour window ending March 26, with outflows failing to keep pace. The result was a positive netflow — a condition that typically signals more selling firepower sitting on trading platforms. Exchange reserves climbed from 81.20 trillion to 81.29 trillion tokens during the same period, confirming the trend. When holders move tokens off private wallets and onto exchanges, it does not always mean a sell-off is coming. But it does mean those tokens are now within easy reach of anyone looking to exit their position quickly. With market conditions still choppy, that availability matters. SHIB dropped 4% over that same 24-hour stretch. The decline was not isolated — broader crypto markets also fell during this period. Still, the token’s technical picture added its own weight to the slide. Price Hits A Wall At Triangle Resistance According to analysts, SHIB attempted to push through the upper boundary of a descending triangle pattern and was turned away. Descending triangles are generally considered bearish formations. Each failed attempt to break through the top of the pattern tends to reinforce selling momentum, and this rejection was no different. The price pulled back after failing to clear that level, adding to what had already been a difficult day for the token. The combination of a technical rejection and rising exchange inflows gave traders little reason for confidence in the short term. Related Reading: Ethereum Supply Tightens As Staking And Outflows Hit Record Highs Ecosystem Activity Tells A Different Story The Shibarium team’s wallet data points to an ecosystem that is still drawing in new users. Between 5,000 and 12,000 new wallets were created monthly — a pace that has been consistent enough to push the holder count beyond the 1.50 million mark. More wallets generally mean more participants, and more participants tend to support demand over time. Whether that longer-term demand is enough to absorb the near-term selling pressure is a question the market will answer on its own. For now, both forces are visible in the data — one pulling the price down, the other quietly building underneath it. Featured image from A-Z Animals, chart from TradingView
Qualifying for Trump’s crypto gala can cost as little as $70,000 or as much as several million, with rankings driven by timing and strategy rather than sheer holdings.
The wallet sat quiet for almost two years. No trades, no movement — just billions of Shiba Inu tokens parked on-chain while the market did what it wanted. Then, on March 15, it all moved at once. A Long Wait That Ended In The Red Blockchain data from Arkham Intelligence shows that a wallet identified as “0xbOe8” sent roughly 14.5 billion SHIB to crypto exchange OKX last Sunday. The tokens first moved to an intermediary wallet before landing in OKX’s hot wallet. When the dust settled, the investor recovered just $84,640 — a fraction of the $506,830 originally spent. The math is brutal. That works out to a loss of about $422,190, or 80% of the entire investment. For nearly two years, the wallet showed almost no activity. On-chain records indicate the only movements during that period were small spam transfers — nothing that looked like active trading or any attempt to cut losses early. The original purchase was made on Binance in March 2024, when SHIB was deep in a rally that pushed the token to a high of around $0.000045. Buyers at that level were betting the momentum would carry further. It didn’t. Bought At The Peak, Held Through The Drop Since that March 2024 high, SHIB has shed roughly 82% of its value. The token now trades around $0.0000063. At its lowest point this past February, the price had fallen to about $0.0000051 — an 85% drop from where this investor got in. Holding through that kind of decline takes either conviction or inertia. Based on the on-chain record, this wallet did nothing for close to two years. No partial sells, no rebalancing. The position just aged while the price eroded. When the wallet finally moved on Sunday, the token ended up at OKX — widely seen as a signal that a sale was imminent or already executed, given that hot wallets on exchanges are typically used for active trading. Related Reading: Another Bitcoin Buy Coming? Saylor Sparks Speculation With ‘Orange Dots’ Post The Flip Side Of The Same Coin Not every SHIB holder has a story like this one. Reports note that some early buyers turned small initial amounts into life-changing returns, though those cases largely belong to an earlier era of the token’s history. The meme coin launched in 2020, and its biggest gains came in 2021, when prices spiked by several thousand percent. Featured image from Pethelpful, chart from TradingView
US president Donald Trump is gearing up to host his second memecoin-holder exclusive event at his Mar-a-Lago state in Florida on April 25. Another Edition Of The Memecoin Black-Tie Gala Following the same pattern as his now famously May 22 “gala dinner”, that required roughly $148 million in cumulative token holdings for entry, $TRUMP saw a spike of as much as 10%, surpassing the $3 threshold hours after the team’s announcement of the event. SATURDAY, APRIL 25 AT MAR-A-LAGO! The Most Exclusive Crypto and Business Conference in the World & Gala Luncheon with PRESIDENT TRUMP and 18 other SUPERSTARS. Strictly Limited to only 297 attendees. Are You In? Register Here: https://t.co/MBo3UBrzje pic.twitter.com/CWOVNK1kbU — TrumpMeme (@GetTrumpMemes) March 12, 2026 The official site promises attendees the chance to “Meet and Learn from 18 of the World’s Most Influential SUPERSTARS,” reinforcing the token’s access‑and‑status pitch rather than a clear utility story. The previous dinner announcement triggered an intraday price spike of about 50–60% in $TRUMP as traders rushed to buy enough tokens to qualify, briefly lifting the token after an 80–88% drawdown from its launch highs. This led to some critics framing the first event as “crypto corruption” and “pay‑to‑play,” with protesters outside Trump National Golf Club calling out conflicts of interest and demanding the guest list. Related Reading: Hyperliquid Rockets as Oil Touches $100: Arthur Hayes Reveals Why A Slight Change Of Strategy Despite this structure mirroring last year’s “top 220 holders” eligibility scheme, the new memecoin gala widens participation: access is now gamified via a time‑weighted snapshot. 297 holders will attend, with the top 29 earning VIP reception rights based on their $TRUMP balance at the April 10, 2026 Snapshot Day. To keep VIP bonuses between April 10 and April 26, wallets must maintain at least their snapshot balance. Balances that slip below can still get conference and luncheon access but lose VIP perks, nudging whales to lock in holdings through the event window. This slight change of strategy continues to encourage concentration and reduces circulating float into a known catalyst date, a setup that often fuels sharp but short‑lived memecoin squeezes. The CLARITY Act Still On The Horizon This new edition of the US President’s luncheon lands as Trump publicly backs the CLARITY Act, a long‑discussed crypto market‑structure bill expected to be reviewed in April, but unlikely to move out of the Senate Banking Committee before late 2026, according to Senator John Thune. The delay deepens the gray zone where political memecoin experiments like $TRUMP can thrive, while still drawing ethics and conflict‑of‑interest criticism. Related Reading: Binance Warning? Leverage Explodes As Crypto Tracks A World On Edge What This Memecoin Gala Means For Traders For traders, the April 10 snapshot to April 26 window is the key volatility band: structural incentives to hold or accumulate into the date could support a reflexive bid, but history around Trump events shows that insiders and early whales often sell into those spikes. Despite the buzz, $TRUMP trades around 3.9 dollars, down roughly 81% from the 15–$20 band during last year’s event window and nearly 97% below its $77 all‑time high from June 2025. With $TRUMP still 97% below its peak and heavily narrative‑driven, the luncheon looks more like a tactical headline trade than a fundamental reset, suggesting rallies into the event may again be better liquidity exits than long‑term entries for late‑arriving memecoin speculators. TRUMP’s price trends to the upside on the daily chart. Source: TRUMPUSDT on Tradingview Cover image from Perplexity, TRUMPUSDT chart from Tradingview
A dormant crypto whale just bet $7 million on the Trump memecoin after a new Mar-a-Lago gala was announced, sparking a 60% rally for the struggling token.
The memecoin sector has experienced a sharp contraction since the speculative peak reached in late 2024, reflecting the cyclical nature of sentiment-driven assets in the cryptocurrency market. After attracting massive attention during the previous bull phase, many meme-based tokens have since lost momentum as liquidity tightened and investor risk appetite declined across digital assets. Related Reading: The $2,050 Pivot: Ethereum Scarcity Index Turns Positive As Binance Supply Tightens A recent report from CryptoQuant highlights how memecoins periodically capture market attention despite lacking the technological foundations that support many other blockchain projects. Unlike cryptocurrencies whose valuations are tied to utility, infrastructure, or financial applications, memecoins tend to derive most of their demand from community enthusiasm and social media-driven narratives. In practical terms, memecoins emerge from internet culture, viral trends, or influential online communities. Their price movements often depend less on fundamental development and more on the speed at which narratives spread across social platforms. As a result, the sector tends to move in highly cyclical waves of hype, speculation, and eventual cooling. Market data illustrates this pattern clearly. According to CoinGecko, the total market capitalization of memecoins stood at $31 billion in March 2026. While still significant, this represents a dramatic decline from late 2024, when the sector briefly exceeded $150 billion before sentiment shifted and speculative capital began leaving the market. Memecoins Reflect Cycles of Attention and Risk Appetite The report also points out that on-chain activity tends to mirror the attention cycles that define the memecoin sector. During periods of rapid price appreciation, trading volumes frequently surge, particularly in the later stages of the rally. This pattern suggests that rising prices themselves often attract additional participation, as public interest grows and fear of missing out begins to drive market behavior. In many cases, the increase in demand does not originate from new technological developments or fundamental changes in the underlying project. Instead, momentum builds as social media discussions intensify and speculative capital flows into trending tokens. As a result, price acceleration and rising trading volumes can reinforce each other, creating self-sustaining phases of hype. For analysts, these dynamics make memecoins a useful indicator of investor psychology in the broader crypto market. Sudden spikes in trading activity, combined with heightened social engagement, often signal a shift in overall market risk appetite and speculative interest. At the same time, such attention cycles introduce significant risks. Viral narratives and strong community momentum do not necessarily translate into long-term sustainability. During phases of intense hype, investors should approach the sector cautiously and carefully examine project details, token distribution structures, and available liquidity before committing capital. Related Reading: XRP Withdrawal Surge Meets $1.4B ETF Inflows as Capital Returns to Select Altcoins Memecoin Market Cap Trends Lower After Speculative Peak The chart of the total memecoin market capitalization highlights the magnitude of the sector’s correction since its speculative peak in 2024. After reaching elevated valuations during the late stages of the previous bull phase, the market has entered a prolonged downtrend characterized by lower highs and persistent selling pressure. At its peak, the memecoin sector briefly approached the $90–$100 billion range before momentum began to fade. Since then, market capitalization has steadily declined, reflecting the broader cooling of speculative activity across crypto markets. As of the latest reading, the sector’s total value sits near $27–$28 billion, marking one of the lowest levels recorded in the past year. Related Reading: TRON Joins Agentic AI Foundation As AI Systems Move Toward Real-World Deployment Technically, the structure remains weak. The market cap continues to trade below its major moving averages, which are all sloping downward and acting as dynamic resistance. This alignment suggests that momentum still favors sellers despite occasional short-term rebounds. The sharp spike in trading volume during the February decline indicates a capitulation event, when many speculative positions likely unwound rapidly. Following that move, market capitalization has stabilized in a narrow range, suggesting the sector is attempting to find a temporary equilibrium after months of contraction. Until the market cap reclaims higher resistance levels near $35–$40 billion, the chart suggests the memecoin sector remains in a broader corrective phase. Featured image from ChatGPT, chart from TradingView.com
Social media mentions of "altseason" have dropped to their lowest level in two years, according to Santiment data, a contrarian signal that has preceded previous rallies in speculative crypto assets.
Japan’s prime minister says she has no knowledge of or involvement in a Solana-based meme token that briefly reached a $27.7 million market cap before tumbling.
Crypto analyst Sean Park has provided insights into how high the Dogecoin price could rise if Bitcoin reaches $200,000. This comes as DOGE continues to suffer massive selling pressure with BTC struggling to break key resistance levels. Dogecoin Price Could Reach $2.50 If Bitcoin Rallies To $200,000 In an X post, Park shared an insight about how the Dogecoin price could rally to between $2 and $2.50 if Bitcoin reaches around $200,000. Furthermore, DOGE could reach between $4 and $4.20 if there is an adoption catalyst, such as major franchises adopting the foremost meme coin. Related Reading: Aave Crosses $1 Trillion In Loans — No Bank Required Meanwhile, the analyst also cited predictions that the Dogecoin price could gradually rally to $10 if BlackRock files for a DOGE ETF by the next presidential election. A potential BlackRock ETF could drive massive inflows into the Dogecoin ecosystem, leading to a parabolic rally. Bitwise, Grayscale, and 21Shares currently offer DOGE ETFs. However, these funds have seen little demand, which failed to positively impact the Dogecoin price. SoSoValue data shows that February 2 was the last time these funds recorded daily net inflows. They currently boast total net assets of $8.39 million, which represents 0.05% of DOGE’s market cap. In terms of adoption, Elon Musk’s X is one of the major platforms where market participants speculate that DOGE could be integrated into the proposed X payments at some point. This is primarily because of Musk’s affinity for the foremost meme coin. Such a move could provide a major boost for the Dogecoin price as it would expand the meme coin’s utility. In the meantime, the Dogecoin price continues to face significant selling pressure amid the downtrend in the broader crypto market, led by Bitcoin. BTC struggled to break above $70,000 earlier this week following its rally to this psychological level earlier this year, leading to another corrective move. A Breakout Is On The Horizon For DOGE Crypto analyst Trader Tardigrade stated that a breakout for the Dogecoin price is coming with a contracting triangle loading. He noted that DOGE is squeezing tight between converging trendlines, with highs getting lower while lows are getting higher. The analyst added that a classic contracting triangle pattern is building up pressure. His accompanying chart showed that the Dogecoin price could rally to $0.16 by the start of next month. Trader Tarigrade is confident that this rally could happen, noting that this pattern typically resolves with a sharp breakout. He added that price is compressing, volume is dropping, and energy is strong, which could lead to a parabolic rally. Related Reading: Bitcoin Sell-Off Slows Down, But The Road To Recovery Is Long — Analyst At the time of writing, the Dogecoin price is trading at around $0.09313, down over 5% in the last 24 hours, according to data from CoinMarketCap. Featured image from Unsplash, chart from TradingView
Memecoins have taken a beating recently, and what looks like a rout may be closer to a turning point than many traders expect. Related Reading: XRP Set To Dethrone Bitcoin Within 6 Years, Entrepreneur Says Santiment said the sector is showing a classic capitulation signal: widespread talk that meme tokens are “dead” can sometimes mark the moment when buyers quietly return. According to Santiment, this “collective acceptance of the ‘end of the meme era’ is a classic capitulation signal,” pointing out that when a sector of the market is deemed worthless, it is often the “contrarian time” to take note of. Sentiment on social channels has tilted heavily toward fear, and when the crowd gives up on a whole category, prices can move the opposite way for a while. Some traders who stepped back early are now watching closely. Capitulation Can Signal A Turn Reports note that the memecoin market’s recent slide has been steep in raw numbers. Total memecoin market capitalization dropped 34% to $31 billion over the past 30 days, CoinMarketCap data shows. Bitcoin’s pullback — which hit near $60,000 on Feb. 3, the lowest since October 2024 — added pressure across the board and left speculative tokens more exposed. Positioning was concentrated in a handful of names, and when large holders moved to take profits the moves were amplified. Losses were not confined to tiny projects; some of the better known meme tokens gave up meaningful ground. Rotation May Not Lift All Boats Some market observers argue that the old pattern — Bitcoin runs first, then money flows into Ethereum, then to riskier altcoins — may not play out the same way this time around. As institutions grow and trading strategies change, capital could flow more selectively. That means a few tokens might rally strongly while many others are left behind. Reports from traders and analysts say selective strength, rather than a broad upswing, is a likely scenario. That raises the bar for anyone hoping to find the next big winner among dozens of speculative coins. Popular Meme Names Facing Pressure A handful of headline tokens led the decline. Dogecoin (DOGE) gave up support levels it had defended earlier, and PEPE showed heightened volatility as big holders trimmed positions. Official Trump (TRUMP), the politically tied token linked to US President Donald Trump, retraced sharply from its launch highs after the initial hype faded. Heavy concentration of supply in a few wallets left these projects vulnerable to rapid swings, and some gains from last year were erased in short order. Related Reading: Urgent Crypto Reform: Treasury Secretary Says The Clock Is Ticking Watch The Crowd’s Turning Point Contrarian traders will point to the admission of defeat across social feeds as a potential signal to start watching for a bottom. That approach is risky. Losses can deepen before the market finds a floor, and sellers may return on any short-lived recovery. Still, history shows that extreme pessimism can preface meaningful rebounds, especially when broader market pressure eases and liquidity returns. Featured image from Pexels, chart from TradingView
Bubblemaps alleged that X’s $1 million article competition winner profited from memecoin rugpulls on Solana.
Shiba Inu’s price action has been harsh lately. It plunged to about $0.0000063588 over a single weekend, wiping away months of gains and leaving many holders uneasy. Related Reading: Crypto Could Bounce Soon As Fundamentals Firm Up, Tom Lee Says Market moves like that are driven by big-picture forces — macro weakness, lower appetite for altcoins, and a general pullback across crypto. Yet inside the project’s camp, voices are still billing a comeback as likely. That contrast between numbers on a chart and upbeat messages from the team is where most of the current debate sits. Lucie Voices Confidence According to posts by the project’s marketing lead, Lucie, SHIB “will come back” in time. She argues that networks built and kept alive by active communities have a stronger chance of lasting than tokens pushed mainly by paid promoters. ????SHIB ????will come back, and strong communities will carry on, pushing back to gains. Weak projects built on paid KOLs will fade, and better ones will be born. NFTs may regain momentum. New standards across AI will emerge. Pay attention, there will be opportunities to make… pic.twitter.com/TNft72aXJD — ???????????????????? (@LucieSHIB) February 2, 2026 Reports say she also hinted at fresh activity coming from developer Kaal Dhairya, and the lead developer Shytoshi Kusama has been linked to moves toward artificial intelligence and NFT-related work for the broader lineup that includes SHIB, TREAT, BONE, and LEASH. Those plans are being positioned as part of a longer-term effort to give the ecosystem more purpose beyond speculation. Community And Developer Activity There is some actual work happening, though it is mostly in early stages. Updates were teased but details remain thin. Many community members keep watching the developers’ channels for concrete timelines and product launches. At the same time, Lucie has repeatedly told people to only risk money they can spare and reminded followers that her words are not financial advice. That caution was repeated after the token slid back from $0.00001265 in March 2025 to fresh lows more recently. Signals from developers are being noticed, but they have not yet translated into sustained buying pressure. SHIBA INU COIN HOLDERS. HONEST TRUTH. 1. ALTCOINS HAVE BEEN BEARISH FOR 4 YEARS 2. $SHIB HAS UNDERPERFORMED 3. CAN SHIBA INU EVER COME BACK? 4. WHAT HAVE I LEARNED SINCE 2021 5. HOW CAN YOU ADJUST YOUR STRATEGY? Please Share This If You Get Value pic.twitter.com/YPvSL7ibRy — Zach Humphries (@ZachHumphries) February 3, 2026 Analysts Call For Realism Analysts and some community figures pushed back. Zach Humphries, among others, warned that being hopeful is fine, but it should not replace hard thinking about risk. Related Reading: Russia’s Biggest Exchange To Launch XRP Indices And Futures He noted that altcoins have underperformed for a long stretch since 2021 and that relying solely on team statements is risky. Diversification was urged. Some critics said the marketing tone is upbeat and that it can boost morale, yet market fundamentals need stronger backing to flip sentiment. Opinions in the space were split: some see potential if new features land and adoption grows, while others say the token’s long slump shows that talk alone won’t lift price. Featured image from thewave, chart from TradingView
A wallet linked to a pump.fun memecoin turned $285 into a small fortune on Monday, reviving concerns about insider activity during the latest memecoin surge.
Dogecoin (DOGE) traded at $0.14 on Friday, up 0.25% in the last 24 hours, according to market tickers. The coin’s weekly performance showed a fall of 7.40%. Trading activity has eased sharply, with one source reporting a drop in volume of 50%. Related Reading: XRP Ledger May Get A Tokenized Gold Upgrade, Web3 Founder Reveals Key Momentum Readings And Moving Averages According to market data, DOGE RSI sits at 52.70 with a signal line at 52, which points to fairly balanced momentum and no clear bias. Exponential moving averages line up as follows: EMA 20 at $0.13, EMA 50 at $0.14, EMA 100 at $0.15 and EMA 200 at $0.17. The EMA set shows a downward curve overall, and the EMA 50 is being watched closely as a short-term barrier. The coin’s market capitalization stood at $23.60 billion. Analysts Offer Targets As Price Forms Higher Lows Crypto analyst Jonathan Carter set a ladder of upside targets at $0.15, $0.18, $0.20, $0.24 and $0.28, saying that those levels correspond to past reaction points on the chart. Based on reports, Carter views price action above the 50-day average as an early sign that momentum is returning. #DOGE Descending Channel Breakout Imminent???????? Dogecoin is poised to break out from the descending channel formation on the daily chart????♂️ Price action above the MA 50 indicates a potential reversal from a prolonged downtrend structure???? Upside targets: ???? $0.153 ???? $0.182 ????… pic.twitter.com/EfRjyg6tfo — Jonathan Carter (@JohncyCrypto) January 11, 2026 DOGE has been building higher lows, which would be a positive structure if it holds. Other analysts identified the all-time high at $0.73 as a long-term reference and noted a fourfold minimum growth target from current prices under the existing trend. Open Interest Climbs While Volume Drops CoinGlass data showed trading volume down by 43% to $1.30 billion in one report, even as Open Interest rose 1.70% to $1.80 billion. Total liquidations in the last 24 hours were listed at $596K, with long positions making up $431K and shorts $165K. This split suggests more long exposure among leveraged traders at the moment. Market Structure Means A Clear Move Is Needed Traders are sizing up several clear levels. A sustained move above EMA 50 at $0.14 could invite more buyers. A failure to hold the EMA 20 support at $0.13 would raise questions about the short-term strength. While momentum indicators are neutral now, a decisive break either way would likely be followed by sharper swings given low volume. Related Reading: Bitcoin’s Next Peak Might Ignite ADA’s Rally, Says Cardano Creator The current picture is mixed: signals of regained momentum sit beside declining volume and a downward slope in longer EMAs. Positions are being kept, as shown by rising Open Interest, but many market participants appear to be waiting for confirmation. If buying pressure returns and volume recovers, the analyst targets listed above could come into focus. If not, the chart may remain in a tight range for some time. Featured image from Unsplash, chart from TradingView