Meme Coins
Dogecoin has pulled back to a key $0.16 support level after a 5.2% jump last week tied to renewed interest in speculative assets following former President Trump's tariff comments. Technical indicators are signaling increasing bearish momentum.
This week’s charts show Dogecoin and Shiba Inu diverging: DOGE is compressing into a breakout-ready wedge while SHIB sinks further into a downtrend, signaling very different near-term prospects for traders.
TRUMP meme coin is up nearly 24% this month as on-chain whale orders surge, coinciding with a rise in the President's approval ratings. Traders see the accumulation as a bullish signal, but the token remains highly speculative.
Shiba Inu saw 184 million SHIB burned in a single day, but the token is down 2% on the day even as it posts a 5% weekly gain. The burn activity is keeping the meme-coin rally narrative alive, though short-term volatility persists.
Argentine judge froze funds linked to Hayden Davis and two alleged intermediaries over ties to the Libra meme coin promoted by President Javier Milei; authorities have also opened a payments probe. The move raises fresh legal and regulatory questions for memecoins and Argentina's crypto landscape.
Ethereum-based meme coin Little Pepe has successfully raised over $10 million in its presale, showcasing the strong demand for meme coins in the crypto space. Platforms like Bitlet.app enable users to easily invest in such coins through unique services like Crypto Installments.
Bitcoin has hit a new all-time high, now trading above $109,400, showcasing a remarkable recovery from last month's low. This surge reflects a broader optimism in the cryptocurrency market, with notable increases in various digital assets, including an impressive rise in meme coins.