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
Despite high trading volumes, PumpSwap's fee generation remains modest, with $2.98 million in fees recorded on Monday.
The memecoin market went through a brutal reset in 2025, marking one of its sharpest downturns since the sector became a dominant force within crypto speculation. Following the euphoric memecoin mania that peaked and ultimately collapsed in November 2024, selling pressure steadily took control. Liquidity dried up, momentum faded, and most memecoins entered prolonged drawdowns that significantly underperformed the broader market. Related Reading: Bitcoin Data Shows Aggressive Sellers In Control As BTC Consolidates Below $90K As risk appetite weakened, memecoin dominance within the altcoin market continued to erode throughout the year. By December 2025, this dominance fell to a historical low, reflecting widespread capitulation among retail participants and a clear shift away from high-beta speculative assets. Many traders exited positions entirely, reinforcing the narrative that the memecoin cycle had fully played out. However, extreme pessimism often marks important turning points. According to an analysis by Darkfost from CryptoQuant, the current compression in memecoin dominance closely mirrors prior structural lows observed in past cycles. Notably, the last time memecoin dominance reached comparable levels, it occurred shortly before a powerful resurgence in the sector, driven by renewed liquidity, fresh narratives, and aggressive speculative flows. Memecoin Dominance Shows Early Signs of Stabilization Recent on-chain analysis highlights how far the memecoin sector has fallen relative to the broader altcoin market—and why some investors are starting to pay attention again. According to Darkfost’s framework, the key ratio compares the combined market capitalization of major memecoins against that of leading altcoins. At the height of the speculative frenzy in November 2024, this ratio climbed to roughly 0.11, meaning memecoins represented about 11% of total altcoin market value. That level reflected peak enthusiasm, heavy retail participation, and aggressive risk-taking. By December 2025, however, the same ratio had collapsed to around 0.032. In practical terms, memecoins had lost nearly two-thirds of their relative weight within the altcoin universe. This sharp contraction aligns with prolonged underperformance, capital rotation into larger assets, and widespread capitulation after months of declining prices. Importantly, recent price action suggests the bleeding may be slowing. Over the past several days, some of the largest memecoins have posted notable rebounds, hinting at renewed speculative interest. While this move is far too early to confirm a full trend reversal, it does suggest that selling pressure is no longer one-sided. For now, the data points to a tentative stabilization phase rather than a confirmed memecoin season. Still, for high-risk investors, such deeply compressed relative valuations have historically preceded sharp, sentiment-driven rallies—provided risk is managed carefully and expectations remain realistic. Related Reading: Altcoin Season Setup Advances: CEX Volume Hits Cycle Highs Despite Price Weakness Technical Rebound After A Prolonged Downtrend The memecoin market cap chart shows a clear shift in structure after months of sustained weakness. Throughout the second half of 2025, total memecoin capitalization trended decisively lower, forming a sequence of lower highs and lower lows while remaining capped below the 50-day and 100-day moving averages. However, recent price action suggests the first meaningful attempt at stabilization. The market cap has rebounded sharply from the December lows near the $35–38 billion zone and is now trading back above the short-term moving average, reclaiming the $46 billion area. This move is accompanied by a noticeable pickup in volume, indicating renewed participation rather than a purely technical bounce on thin liquidity. Related Reading: Ethereum Liquidity Rebuilds On Binance: December Inflows Signal Strategic Repositioning Despite this improvement, the broader trend remains cautious. The memecoin market cap is still trading below the longer-term moving averages, which continue to slope downward and act as overhead resistance around the $50–55 billion range. This suggests that while downside momentum has slowed, the market has not yet transitioned into a confirmed uptrend. In practical terms, the chart points to a relief rally within a broader bearish structure. For memecoins to regain sustained momentum, the market would need to consolidate above current levels and reclaim higher moving averages. Signaling that speculative capital is returning with conviction rather than opportunism. Featured image from ChatGPT, chart from TradingView.com
According to reports, Coinbase has launched regulated futures linked to Shiba Inu, opening the token to trading on a US derivatives venue. Related Reading: Analyst: Bitcoin’s Cycle Is Intact, Yet No Longer Purely Market-Driven The new products include perpetual-style contracts and monthly futures tied to what Coinbase calls the 1k SHIB index (a 1,000 token index), with trading scheduled to run 24/7. The rollout began on December 5, 2025, as part of a broader push by the exchange to add altcoin derivative listings under US rules. Regulated Futures Hit The Market Reports have disclosed that the perpetual contracts operate like offshore swaps in form but are offered through Coinbase’s regulated platform and are designed to include a funding-rate mechanism to keep prices close to spot. Now live: Trade US Perpetual-Style Futures for all altcoins on Coinbase Derivatives, available 24/7. → Shiba Inu $SHIB → Avalanche $AVAX → Bitcoin Cash $BCH → Cardano $ADA → Chainlink $LINK → Dogecoin $DOGE → Hedera $HBAR → Litecoin $LTC → Polkadot $DOT → SUI $SUI →… pic.twitter.com/yjS2XsQ2jN — Coinbase Markets ????️ (@CoinbaseMarkets) December 15, 2025 Monthly contracts were made available as an initial phase. Clearing and settlement are handled inside systems compatible with US oversight, and the products are described as compliant with Commodity Futures Trading Commission frameworks. What Traders And Institutions Might Do Market participants say having regulated futures can change who trades a token. Institutional desks and some large funds often need regulated venues and clearer custody paths before they increase exposure. Added liquidity and round-the-clock pricing may attract more active traders, and that could raise volume. At the same time, access to futures also makes it easier to bet against the token, which can push volatility up. Reports note that immediate moves in spot markets have been mixed, showing that access to derivatives does not automatically lift the token’s price. Because SHIB has regulated futures on Coinbase (“1k Shib Index”), it qualifies for spot ETF consideration under the same SEC pathway Bitcoin and Ethereum followed. The big picture for SHIB •SHIB now joins the “ETF-watchlist club” with other futures-backed cryptos. •If/when… pic.twitter.com/cZPxUWWhBn — ???????????????????? (@LucieSHIB) September 18, 2025 Market Context And Exchange Strategy Coinbase’s decision follows steps the exchange has taken to grow its derivatives arm. Company filings and public letters in 2025 framed derivatives growth as a strategic priority, and the firm has pursued deals and product launches to expand those capabilities. Related Reading: Ethereum Meets Wall Street: JPMorgan Rolls Out Tokenized Fund One notable deal disclosed earlier involved an agreement valued at close to $3 billion to strengthen derivatives know-how and infrastructure. This background helps explain why Coinbase is offering altcoin futures that trade continuously, under a regulated roof. Featured image from Gemini, chart from TradingView
Shiba Inu has kept a spot in crypto talk even as its price has slid sharply. According to reports, the network had a market cap of $5 billion as of Dec. 6, and it still draws attention because people know the name. That visibility, however, does not settle the debate over whether the token belongs in a long-term portfolio. Related Reading: Bitcoin Headed For $200 Trillion? CEO Makes Bold Prediction Shiba Inu’s Price And Market Size Based on reports, Shiba Inu has seen massive moves over several years. Roughly five years ago it traded near $0.0000000001684; at the time of writing, it is quoted at about $0.000008439. SHIB’s all-time high stands at $0.00008845, which means the token trades roughly 85% below that peak. Reports have disclosed that SHIB has tanked about 55% so far this year, and some data points show almost a 60% decline over a recent 12-month span. Those drops have pushed many investors to ask whether the story that once lifted SHIB has faded. On-Chain Signals And Holder Counts There are mixed signals on the chain. Data from CryptoQuant is reported to show memecoin dominance falling to its lowest level since early 2024, a sign that speculative interest across similar tokens has ebbed. At the same time, the number of wallets holding SHIB moved from about 1.45 million at the start of the year to around 1.52 million more recently. That jump in holders was noted alongside the price slide. It suggests distribution rather than complete abandonment; small increases in holders do not always mean increased trading activity, but they can show steady retail interest. Memecoin markets are dead. pic.twitter.com/6kymLWH4JX — Ki Young Ju (@ki_young_ju) December 11, 2025 Pundit Views And The Utility Question Meanwhile, crypto pundit Neil Patel has listed reasons he would not treat Shiba Inu as a proper investment. He argues the memecoin doesn’t solve a clear, large-scale problem and points out that developer activity for SHIB is limited compared with many other networks. The claim is that much of SHIB’s value has been driven by hype cycles and not by broad real-world use. Those views were presented in firm terms, and they have been repeated across a range of commentaries that warn about hype-driven tokens. Related Reading: Analyst: Bitcoin’s Cycle Is Intact, Yet No Longer Purely Market-Driven Investor Takeaways And Risks Investors who want exposure to crypto are often told to look at major networks such as Bitcoin for scarcity-driven arguments; that point was brought up in several reports. At the same time, SHIB’s supporting projects — a layer-two chain, a decentralized exchange, a metaverse concept — are real but appear to have small adoption so far. Featured image from Unsplash, chart from TradingView
Dogecoin rose 4% to trade at $0.14 Thursday, according to market reports. Market capitalization was about $21 billion while 24-hour trading volume hovered near $1.6 billion. The move followed renewed on-chain activity that has drawn attention from traders and analysts. Related Reading: Institutions Scoop Up 9,000 Ether, Fueling Bullish Signals Spike In Active Wallets Based on reports from BitInfoCharts, the number of daily active addresses on the Dogecoin network jumped to over 67,500 on December 3, marking the second-highest reading in the past three months. That earlier spike on September 15 came as DOGE briefly approached a local top near $0.30. At that time, network activity rose as prices climbed; today, rising wallet activity is being watched closely as prices test a familiar zone after a long slide. Support Holding Near $0.14 Dogecoin is sitting above an important area around $0.138–$0.14, which has been tested and defended multiple times. Reports show the token has bounced off that level before, and trading volume has more than doubled during the most recent uptick, a sign that buying interest is growing. Market feeds also report mixed short-term figures: one line shows the token down by 5% in a week while another notes a 7.5% decline over the last week; those numbers do not align and highlight some reporting inconsistencies. Longer-term data show the token has lost roughly 60% over the past year and is about 50% off its recent highs. Volume And Technical Targets Traders are eyeing $0.16 as the next meaningful resistance. Based on reports, a decisive move above that zone would be the first clear break in the short-term bearish pattern. Beyond that, the 200-day exponential moving average sits as a broader target, often watched for signals that medium-term momentum has shifted. A break above the 200-day EMA would be treated by many as confirmation that a recovery could gain traction, although history shows these signals sometimes reverse quickly. Signals Are Mixed Daily active address spikes can point to rising interest. They can also reflect simple transfers, bot traffic, or wallet reshuffles by large holders. Increased volume helps the case for buyers, but active-address readings alone are not foolproof. The current setup looks like a battleground: both bulls and bears are more active than they were a few weeks ago. That activity makes the coming days important for traders who favor short-term moves. Related Reading: American Bitcoin Makes Big Buy, Adds 416 BTC To Its Stack Fed Meeting Adds A Macro Angle Meanwhile, this week’s Federal Reserve meeting has added an extra element of uncertainty. Market participants are parsing comments for signs of a rate cut, which many expect would lift risk assets, including cryptocurrencies. A shift in rate policy would likely move the broader market more than any single on-chain metric for one token. Featured image from Unsplash, chart from TradingView
The platform saw massive success in 2025, with over $150 billion in cumulative volume, $138 million in monthly revenue, and a notable $500 million token sale in July.
Crypto’s Gen Z supervillain may have single-handedly popped the memecoin bubble this year, exposing it as less a cultural movement and more a parasitic financial machine feeding on new entrants.
According to reports, it has been three months since the Shibarium Bridge hack that drained more than $3 million from users, yet the case has not moved into formal law enforcement channels. Related Reading: $300 Million Crypto Bet: Kazakhstan’s Central Bank Gears Up On-chain investigators traced a clear path of funds, and community members say the clues are strong enough to support an official probe. Still, exchanges are holding back unless a police case number is presented. On-Chain Trail Revealed Based on reports from on-chain sleuths, the attacker moved 260 Ether through Tornado Cash before routing 232.49 ETH to deposit addresses at KuCoin. The laundering path involved 111 wallets and 45 unique KuCoin deposits, according to a public breakdown by a community investigator known as Shima. Shibarium Bridge hacker foolishly chose not to accept the K9 bounty – it’s finally time to share the investigation we’ve been working on…???? this is juicy ???? The hacker made one stupid mistake and it completely unravelled their Tornado Cash laundering. ????????️???? That one mistake… pic.twitter.com/itxsXbbGSm — Shima 島。 (@MRShimamoto) December 1, 2025 A small mistake — a single transfer of 0.0874 ETH — linked otherwise hidden wallets and allowed the investigator to map much of the operation. The tracing work was shared with the Shiba Inu ecosystem team so it could be used to press for recovery. Why didn’t https://t.co/OoTvg1kraL call the police? Why isn’t there a report to the appropriate authorities to get a case number? Why have no law enforcement been involved in the https://t.co/OoTvg1kraL bridge hack? https://t.co/88Gdxi0rhh — Pulse Digital ???? (@CryptoPulse9) December 1, 2025 Practical Roadblocks To Recovery Tracing crypto through mixers remains difficult, even when the ledger gives clues. Exchanges often need subpoena power, legal requests or a case number to share account details. That requirement can leave strong on-chain leads stuck if a project does not file a police report. Community investigators can point the way, but many of the next steps depend on formal legal action and cross-border cooperation. Exchange Action Hinges On Case Number After Shima handed the findings to the project team, members of the community and teams such as K9 Finance stepped in. One representative, using the handle DeFi Turtle, reached out to KuCoin to ask that the exchange freeze the suspected funds. KuCoin replied that it would require a formal law enforcement case number before taking such action, based on the messages that have circulated in community channels. Without a police report, the exchange said it could not legally provide internal records or lock the linked accounts. Sleuth Offers Evidence To Victims Faced with slow institutional movement, Shima has offered the full dataset, the mapping work and the methodology to victims and to any law enforcement body willing to act. Victims in different countries may need to lodge complaints locally to create the case numbers that exchanges demand. Related Reading: XRP Is About To Hit A Major Turning Point This Week, Analyst Says Calls For Formal Complaints Shane Cook, founder of Pulse Digital Marketing, questioned why the Shiba Inu team had not filed an official complaint despite the on-chain evidence. Reports show the team previously confirmed the breach and said it had contacted security firms including PeckShield and Hexens. Cook’s criticism centers on the idea that technical analysis alone may not be enough; a legal filing is often required to make exchanges cooperate. The community now wonders whether the project prioritized reopening the bridge and repayment planning over pursuing legal routes. Featured image from Hacked.com, chart from TradingView
Grayscale Investments will list spot ETFs for Dogecoin and XRP on the NYSE Arca on November 24, 2025, offering a new way for everyday investors to buy those coins through regular brokerages. Related Reading: Kiyosaki Dumps Bitcoin At $90K After Predicting A $250K Moonshot – Here’s Why According to exchange notices and regulatory filings, the funds will trade under the tickers GDOG for Dogecoin and GXRP for XRP. The listings convert Grayscale’s existing private-placement trusts into publicly traded products. Grayscale Moves To List Dogecoin And XRP Reports have disclosed that both ETFs received approval to be listed, and the paperwork was filed with the US Securities and Exchange Commission. The move brings spot exposure to two smaller, but widely followed, cryptocurrencies into a mainstream vehicle. For many investors, that means access without directly managing wallets or private keys. Grayscale Dogecoin ETF $GDOG approved for listing on NYSE, scheduled to begin trading Monday. Their XRP spot is also launching on Monday. $GLNK coming soon as well, week after I think pic.twitter.com/c6nKUeDrtI — Eric Balchunas (@EricBalchunas) November 21, 2025 Market Activity Up Ahead Of Launch Trading activity in related derivatives climbed in the lead up to the announcement. Dogecoin derivatives volume increased by more than 30% to roughly $7.22 billion, based on exchange data. XRP derivatives surged as well, jumping about 51% to around $12.74 billion. Based on reports, these spikes reflect traders positioning for potential price swings around the ETF debut. Spot ETFs do not promise higher prices, but they do change who can buy the assets. Brokers, retirement plans, and funds that avoid direct crypto custody may now step in. That could affect liquidity in both the tokens and their markets. At the same time, the overall crypto market has seen pressure; reports say the launches come during a roughly six-week downturn. DOGE market cap currently at $21.4 billion. Chart: TradingView Questions Remain Over Demand And Flows Product fees, custody details, and how the trusts convert into ETF shares will shape investor appetite. Past launches of crypto ETFs showed brisk early flows for some products, while others saw muted interest. What matters for prices is not only listings, but inflows and outflows once trading begins. Related Reading: $2 Billion Gone In Minutes: Bitcoin Slide Shakes Crypto World Investors and analysts are likely to watch the first days of trading for clues. High volume and tight spreads would suggest strong demand. Low turnover or wide spreads could signal tepid interest. Based on reports, market participants will also monitor whether the ETFs draw the same sort of speculative trading that has driven derivatives volume in recent days. The listing of both GDOG and GXRP on the same date marks a notable step for mainstream crypto products. According to exchange filings, the funds are structured as spot ETFs that hold the underlying tokens via custodians. While that does not remove price risk, it does make buying these assets simpler for a broad group of investors. Featured image from Gemini, chart from TradingView
According to market reports, crypto analyst Crypto Patel has put forward bold targets for Dogecoin, saying the memecoin could reach $2 and $5 this cycle. Related Reading: XRP Has Held Its Ground As Most Altcoins Fall, Market Observers Say At the time of his post, DOGE was trading around $0.17, making those estimates equal to roughly 1,076% and over 2,800% gains from that level. The call has drawn attention because it ties price hopes to repeating chart behavior rather than fresh fundamentals. Chart Patterns And Historical Runs According to the analyst’s charts, DOGE has formed a long-running descending triangle since its $0.75 peak in 2021. Traders are being shown a breakout followed by a retest pattern. Reports point to similar setups in past rallies: in 2017 DOGE moved from about $0.00022 to $0.019 — roughly 9,800% — and in 2021 it climbed from about $0.0025 to $0.75, a surge of over 32,000%. Those runs are the basis for the “fractal confluence” argument that history could repeat. DOGECOIN READY FOR ITS NEXT HISTORIC MEGA RUN ???? Breakout ✅ Retest ✅ Structure locked and loaded for a parabolic explosion! The same pattern that sent $DOGE flying in 2017, 2021 is repeating again on the monthly timeframe and this time, the move looks even more powerful.… pic.twitter.com/yZIFHthnm5 — Crypto Patel (@CryptoPatel) November 11, 2025 A Recent Breakout, Retest Highlighted As Trigger Based on reports, DOGE cleared the triangle in December 2024 during a US President Donald Trump-led crypto market boom, pushing above $0.48. The coin then came back to test the former trendline, which some traders call a normal step after a breakout. Other analysts have flagged similarities between today’s action and the token’s early bull runs, and some see that as confirmation for more upside. Short-Term Indicators Looking Up Technical numbers show a nearer-term forecast of a rise of 13.51% to $0.2002 by December 12, 2025. Current readings described by data providers list sentiment as Bearish and the Fear & Greed Index at 20 (Fear). Over the last 30 days DOGE had 13/30 (43%) green days and about 6.71% price volatility. Those numbers suggest that, for now, traders remain cautious even as longer-term charts are cited as bullish. Bitwise DOGE ETF Reports note that Bitwise moved forward with a DOGE ETF filing under Section 8(a) using CF Benchmarks’ settlement price, an action that could draw institutional interest if it progresses. Related Reading: XRP’s Next ‘Face-Melting’ Rally Could Hit Within 6 Weeks—Analyst Meanwhile, on-chain snapshots indicate that large holders are trimming supply, while retail activity has ticked up and some momentum indicators have turned higher. According to Bitwise, its fund would use the CF DOGE-Dollar Settlement Price from CF Benchmarks to calculate net asset value, which provides transparent, rules-based pricing across venues. If approved, this structure could make DOGE more accessible to institutions needing a regulated vehicle, potentially boosting order book depth and easing inflows or outflows. This increased access, combined with clearer pricing, could explain the recent movements in the market value of DOGE. Featured image from Gemini, chart from TradingView
According to technical commentary from analyst Javon Marks, Shiba Inu appears to have left a long accumulation zone and may be entering a fresh bullish phase. The token first showed a breakout in March 2024 and pushed up toward $0.000046. It reached about $0.00003328 on December 8, 2024, before falling hard in 2025. Related Reading: Trump’s Bitcoin Bet Grows: American Bitcoin Now Holds Over 4,000 BTC Analyst Points To Accumulation Breakout Marks highlights early bullish signals, including what he calls bullish divergences on the MACD that showed up earlier this year. Based on reports, he expects a move back into the $0.000032 area. He even projects a potential 200% rally to that level from where the token trades now. From the current quoted price of $0.00001009, a push to $0.000080 would mean a rise of roughly 700% by his estimate. Those are large swings. Traders should note the math. $SHIB (Shiba Inu) looks to be already broken out of a key accumulation and prices, which showed bull divergences early this year, can be preparing here for an ~200% move to test a resistance in the $0.000032s again. pic.twitter.com/Xw104EUT75 — JAVON⚡️MARKS (@JavonTM1) November 9, 2025 Derivatives Activity Shows Traders Positioning For A Move Derivatives data adds another dimension. Reports show about $76 million in open interest tied to Shiba Inu contracts. Open interest jumped 15% over the weekend, and exchanges recorded 7.38 trillion tokens as outstanding futures exposure. Gate.io accounted for 47% of that total, which equals about $36 million on that platform alone. On a day of rising bets, SHIB hit a high of $0.00001032. Volatility Has Been Extreme SHIB’s path since December 2024 has been bumpy. After peaking above $0.00003 in late 2024, the token plunged to roughly $0.0000075 during the flash crash on October 10, 2025. It later recovered to about $0.00001003. Rapid moves like these show both the risk and the chance for big short-term gains. Positions in futures can make price swings bigger. What The Signals Might Mean For Traders According to the chart reading, breaking past $0.000032 would open a clear resistance band and could attract more buyers. Some market players will treat that level as a key test. Others will watch open interest and exchange concentration for signs of overstretch. Moves driven by sentiment and leverage can reverse quickly. Gains may be fast. Losses can be fast too. Related Reading: Trump Media Takes $55M Hit As Bitcoin Holdings Surge In Value Based on reports and the analyst’s posts, momentum appears to be building. But this is a trader-led setup more than a proof of long-term value. Technical signals, heavy derivatives exposure, and past wild swings all matter. Investors and traders should weigh the numbers: $0.000045, $0.00003329, $0.000032, $0.00001003, $0.0000075, $76 million, 15%, 7.38 trillion, and 47.13% are all part of the story. Featured image from Unsplash, chart from TradingView
According to analyst Trader Tadrigrade, Dogecoin has been moving inside a long-running symmetrical triangle that echoes a setup seen in 2016–2017. Based on reports, the analyst used a two-month chart to compare current price action with the buildup that preceded a breakout in March 2017. Related Reading: Dogecoin Down 20% – But Some Think This Is When The Real Gains Start Back then, DOGE climbed from about $0.0003 to $0.0194 by January 2018, a rally of 7%. Traders pointing to that episode say the current narrowing range looks familiar and could set the stage for a notable move. Market Moves This Month DOGE is trading at around $0.18 at the time of writing after a 20% drop so far this October. That decline contrasts with recent Octobers: a 40% rise in October 2024, a 10% gain in October 2023, and a 100% jump in October 2022. Prices have been compressing inside the triangle since late 2024, and the tighter range has increased talk among chart watchers that a breakout may be near. $DOGE/2-month#Dogecoin is following its first cycle ???? pic.twitter.com/FNFJo3C59I — Trader Tardigrade (@TATrader_Alan) October 30, 2025 Targets After A Breakout Analysts who favor the pattern point to a first target near $3.90, which would represent about a 2,000% gain from current levels if reached. Other, much bolder projections are also being shared. One chart shown by bulls extends toward $48 — a 26,500% rise — which, if circulating supply stayed near 151 billion tokens, would imply a market value near $7 trillion. That number would dwarf most global asset classes and is widely seen as highly unlikely. Reports have also referenced an $18 forecast last month, a level that would make many holders wealthy if it materialized, but it remains a long shot. Technical Patterns Versus Broader Forces Pattern recognition can offer a clear rule for traders, but charts do not capture everything that drives price. Liquidity levels, investor interest, moves in Bitcoin, and shifts in social attention all affect how far any rally can run. Related Reading: Dogecoin Enters The Big Leagues — Stadium And Jerseys Get A Crypto Makeover For a multi-thousand percent surge to happen, sustained buying and extended public attention would be required. At present, the view rests primarily on a visual similarity between past and present setups rather than on independent signals that a major rally is guaranteed. Featured image from Pexels, chart from TradingView
According to company releases and club statements, House of Doge and Brag House Holdings, Inc. have taken a major step into Italian football by becoming the largest equity holder in US Triestina Calcio 1918. Related Reading: Dogecoin Down 20% – But Some Think This Is When The Real Gains Start The move was first made public on October 20, 2025, when both firms announced the equity position and pledged immediate capital support for the club. Triestina, which was founded in 1918 and currently competes in Serie C, will carry Dogecoin branding on its match kits and around its stadium for the remainder of the 2025/26 season and all of the 2026/27 campaign. Kit And Stadium Branding Confirmed Based on reports released on October 30, 2025, Dogecoin will appear as the primary sponsor on the front of Triestina’s official match shirts. House of Doge branding is set for secondary placements, such as sleeves and shorts. LED boards inside the ground, big-screen videos and press backdrops will also display the Dogecoin motif during games and media events. These activations are part of a wider plan that includes testing Dogecoin as a payment option for tickets, merchandise and concessions. What The Announcements Leave Out The deal’s exact financial terms were not disclosed. No price tag or ownership percentage was published by either side. Reports have disclosed that a board reconstitution and the appointment of a new president are planned, but names and dates have not been shared. Push For Real-World Use Of Dogecoin House of Doge framed the investment as a chance to push Dogecoin beyond online chatter and into everyday use at a sports venue. The group said the club will act as a platform for broader community initiatives and commercial experiments with crypto payments. Fans could be given new ways to pay and buy, if pilot projects roll out as described. There is, however, a question about how smoothly such systems will be adopted in a lower-division club environment and what regulatory checks will be required in Italy. Marco Margiotta, CEO of House of Doge, said placing the Dogecoin logo front-and-center on the club’s jersey means it will show up in every match photo and TV shot. He said frequent exposure will make people recognize the brand, and that recognition can lead to practical uses and wider global acceptance. Related Reading: Bitcoin Drop Shaves $5 Billion From Satoshi Nakamoto’s Untouched Fortune Local Reaction And Broader Implications Some local journalists praised the capital boost, noting that lower-division clubs often face tight budgets. Others warned that visibility for a cryptocurrency brand does not guarantee long-term financial stability. Market observers will be watching whether the partnership drives measurable increases in matchday revenue or merchandise sales. Community groups, who are central to the club’s identity in Trieste, have been cited as needing reassurance that traditions will be respected. DOGE Price Update Meanwhile, after sliding about 7% in the past 24 hours, DOGE is trading at $0.18. The coin is up 11% so far this year, but that still leaves it roughly 70% below its 2021 peak of $0.73. Featured image from Unsplash, chart from TradingView
A Coinbase-linked wallet sent 140,033,123 Shiba Inu tokens to a burn address on October 15, removing those coins from circulation in a single on-chain move. According to records published by community burn tracker Shibburn, the wallet that carried out the transfer was newly created and had only that one visible SHIB transaction. Related Reading: Dogecoin Sheds 25% As $57M Flees Market — Can The Memecoin Recover? Etherscan data shows the address was funded by a wallet tied to Coinbase, and it currently holds 0.002 ETH, worth roughly $9. Largest Single Burn In Months The 140 million SHIB moved on Wednesday stands out as the largest one-off burn in nearly three months. Reports show the last big single send happened on July 28, when an anonymous actor destroyed 600 million SHIB. Since that July event, most individual burns stayed below 100 million until this Coinbase-linked transfer. ???????? 140,033,123 $SHIB -> transferred to dead wallet. https://t.co/EzSFusbkZa — Shibburn (@shibburn) October 15, 2025 Daily Burn Rate Jumps Based on reports from Shibburn, nine transactions that day totaled about 140 million SHIB destroyed, pushing the daily burn figure up by 222%. The tracker’s data also records a cumulative 410 trillion SHIB that have been sent to dead addresses over time. Ethereum co-founder Vitalik Buterin’s past transfers of around 410 trillion SHIB to a burn contract remain the largest single move toward deflation on record. Supply Still Vast Shiba Inu’s total supply remains enormous at roughly 589 trillion tokens. That scale means even large-sounding burns have only a tiny impact on the overall available supply. Market watchers point out that unless burn activity becomes sustained and much larger in scale, the supply math will not shift meaningfully. Wallet Details And Transparency Etherscan shows the burner address executed only that one outgoing SHIB transfer and nothing else. The funding trace to a Coinbase-associated wallet suggests a user on the exchange initiated the action, but the identity behind the address has not been disclosed. The post-burn balance for SHIB is zero, and the tiny ETH holding left behind makes the move appear deliberate and final. Price Action And Technical Levels Even after the large token send to the burn address, SHIB barely moved — it was trading around $0.00001049 when the burn happened, and it slipped only 0.15% over the prior 24 hours. The bigger picture hasn’t changed: roughly 589 trillion SHIB remain in circulation, so even headline-grabbing burns make only a tiny dent. This latest action is part of a string of deflation efforts, including Shibarium Layer-2 burns handled through Bone ShibaSwap, which together have removed billions of SHIB from circulation. Related Reading: Michael Saylor Issues Rally Cry To Bitcoin Army: “Starve The Bears!” Market Impact Remains Limited This event looks significant in headline terms but small when compared with the huge SHIB supply. The transfer adds to an ongoing narrative of community-led burns that keep holders engaged, yet it is unlikely to change the market trend on its own. Traders and observers will watch whether similar, larger burns follow, or if this remains a one-off action tied to a single Coinbase-funded address. Featured image from Unsplash, chart from TradingView
Bill Zanker, a longtime ally of US President Donald Trump, is leading an effort to raise at least $200 million to prop up the Official Trump meme coin, reports have disclosed. Related Reading: XRP Open Interest Nears $3B As CEO Sees $10B ETF Inflows Ahead The bid is being run through a vehicle called Fight Fight Fight LLC, and backers say the fundraising could climb as high as $1 billion, though the deal is not guaranteed to close. Rescue Plan Targets Market Pressure According to Bloomberg and people familiar with the effort, the token has lost most of its value since launch, sliding from $75 in January to around $8 today — a drop of more than 90%. Zanker’s pitch is to build a digital-asset treasury that would buy and support the token to steady trading and rebuild investor interest. Trump has shown visible support for the initiative; in May 2025 he met privately with leading holders after a social campaign that let top contributors win a place at a dinner. Organizers kept a live leaderboard tied to the token, but the event had little effect on price. According to Bloomberg, Fight Fight Fight LLC, issuer of the TRUMP token, plans to raise at least $200 million to establish a Digital Asset Treasury (DAT) for accumulating the struggling “Trump memecoin.” The company is run by Donald Trump’s longtime associate Bill Zanker, and… — Wu Blockchain (@WuBlockchain) October 8, 2025 Token Control And Supply Issues According to Messari data, only 20% of the total supply is currently unlocked, leaving a circulating market value at roughly $1.5 billion. The remaining 80% of tokens were locked at launch and are due to be released over time. That high concentration of locked supply, much of it held by entities tied to the US President, is a persistent worry for traders because future releases could swell supply and pressure prices. Rival Token Gains Strength While the Trump token flounders, World Liberty Financial’s WLFI has pulled in major backing. Reports show ALT5 Sigma holds about $1.3 billion of WLFI. CoinGlass data indicates roughly $82 million left the WLFI perpetual market during a recent squeeze, trimming total value locked to $630 million. Community sentiment tracking slid from 79% to around 75%, and more than 4% of investors shifted from bullish to bearish on certain platforms, according to market trackers. Whales And Exchanges Active Meanwhile, Arkham Intelligence flagged that large crypto players have been accumulating WLFI in recent days, with centralized platforms like Robinhood, Bitget, Bitpanda, and Indodax investing over $30 million collectively. At the same time, exchanges including Binance, MEXC, and Coinbase pared small slices of their WLFI holdings, each selling under 1% of their reserves. Related Reading: XRP Fear Index Spikes To 6-Month High, And That Could Spark Its Next Breakout Featured image from Getty Images, chart from TradingView