ReportWire

Tag: meme coins

  • Shiba Inu Keeps Sliding As Team Counters With Optimism

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    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.

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    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.

    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.

    SHIB market cap currently at $3.8 billion. Chart: TradingView

    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.

    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.

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    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

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    Christian Encila

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  • AI Meme Coin RALPH Crashes 80% After $300K Dev Selloff

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    The developer called the sale “de-risking,” saying he sold ahead of vesting to avoid discounted OTC exits.

    An AI-themed meme coin tied to the “Ralph Wiggum” prompting trend has collapsed after on-chain data showed a wallet linked to developer Geoffrey Huntley sold roughly $300,000 worth of tokens within an hour.

    The selloff, flagged by visual analytics platform Bubblemaps, triggered a sharp drawdown and ignited a dispute over trust, token ownership, and developer incentives.

    The episode has added to a growing debate around meme coins built on viral ideas, where thin liquidity and unclear alignment can turn routine profit-taking into market-wide stress.

    What Happened and Why it Mattered

    Bubblemaps said on X that a wallet linked to Huntley sold $300,000 of RALPH across three transactions, producing a near-vertical red candle and an estimated 80% drop at the peak of the move.

    The on-chain investigations firm added that the wallet belongs to a small cluster holding about 2% of the supply, with another linked address still holding around 3%. Coincidentally, a freshly funded whale sold about $115,000 shortly after, which Bubblemaps said it was monitoring.

    Huntley acknowledged the sale, calling it “de-risking” and saying he still holds RALPH tokens. He claimed that he sold before the next vesting window to avoid private OTC deals that, in his view, would have required steep discounts and still moved the market.

    However, other traders disagreed, with several replies urging him to add tokens to liquidity pools to earn fees while exiting more gradually. Critics said the timing broke trust, while defenders countered that profit-taking was inevitable in a fast-moving meme market.

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    The dispute unfolded in public. One user accused the sale of “burning” alignment, while another replied that backers should expect developers to cash out when a token exists to support a project.

    Huntley also said he did not launch or control the coin and did not consent to its creation, a claim that drew pushback from holders who viewed the token as implicitly tied to his work.

    RALPH Price Action

    At the time of writing, RALPH was trading around $0.0054, with the current price being a 66% drop on the day and nearly 90% below its all-time high of roughly $0.047 set on January 21. The meme coin’s market cap has slid to about $4.9 million from a peak near $47 million, with a 24-hour volume of about $7.7 million, equaling more than 150% of the market cap, a sign of forced turnover.

    The token remains far above its early-January low, but the gap between recent highs and current levels shows how quickly liquidity can vanish. Compared with the broader market, the move looked idiosyncratic rather than macro-driven.

    The fallout echoes recent warnings about speculative meme launches, including one earlier this month from Binance co-founder Changpeng “CZ” Zhao, who cautioned traders against buying tokens spun out of jokes, arguing they often end in losses.

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    Wayne Jones

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  • Pump.fun Leads as Solana App Revenue Hits $2.4B in 2025

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    Despite falling meme coin volumes in 2025, Solana revealed Pump.fun and launchpads generated massive revenue.

    Solana-based meme coin launchpad, Pump.fun, emerged as one of the ecosystem’s top revenue-generating applications.

    Pump.fun was listed among seven Solana apps that generated more than $100 million in revenue during the year, as meme coin issuance and speculative trading remained a major activity driver on the network.

    Pump.fun Stole the Spotlight

    According to the latest findings by Solana, alongside Pump.fun, five other launchpads each recorded over $1 billion in volume in 2025. They collectively contributed to launchpad revenues doubling year-over-year to $762 million.

    Pump.fun also played an important role in rising token creation as launchpads collectively generated 11.6 million tokens, more than double the prior year. However, only a small fraction, about 0.89%, progressed beyond bonding curve launches. Despite meme coin trading volume declining 10% year-over-year to $482 billion, Solana noted that activity was still up roughly 80 times compared with two years earlier.

    Beyond Pump.fun, Solana reported that total app revenue across the network reached $2.39 billion in 2025. This figure was up 46% year over year and marked a new all-time high. In addition to Pump.fun, revenue leaders included Axiom Exchange, Meteora, Raydium, Jupiter, Photon, and Bullx, each generating more than $100 million.

    Apps on the network, earning under $100 million, collectively generated more than $500 million in revenue during the year. At the protocol level, Solana said network REV climbed to $1.4 billion, which was a 48-fold increase over the past two years, while average transaction fees continued to decline, and median fees fell to $0.0011.

    Solana’s broader network metrics pointed to rising usage and asset activity. The blockchain processed 33 billion non-vote transactions in 2025, and averaged 1,054 non-vote transactions per second. Meanwhile, daily active wallets averaged 3.2 million, up 50% year over year.

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    Stablecoin supply more than doubled to $14.8 billion, and $11.7 trillion in stablecoins were transferred over the year. Tokenized equities, on the other hand, debuted on the network with $1 billion in supply.

    DEXs, and ETFs

    Additionally, decentralized exchange volume reached $1.5 trillion, led by Raydium, Orca, and Meteora, while DEX aggregators such as Jupiter accounted for a growing share of trading activity.

    Staked SOL reached record highs in 2025, while Solana ETFs recorded $1.02 billion in net inflows amidst heightened institutional demand.

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    Chayanika Deka

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  • Pump.fun Co-Founder Denies Cashing Out ICO Funds, Calls Allegations ‘Misinformation’

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    Lookonchain flagged the movement of $436.5 million USDC through Kraken, but Pump.fun’s co-founder said it’s a simple treasury reshuffling from the PUMP ICO.

    Pseudonymous Pump.fun co-founder Sapijiju has rejected allegations that the platform cashed out $436.5 million USDC, in a response directly to claims made by on-chain analytics account Lookonchain.

    In a post, Sapijiju called the allegation “complete misinformation,” while stating that “$0 has been cashed out.” The exec denied any involvement in the transactions Lookonchain linked to crypto exchange Kraken and stablecoin issuer Circle.

    USDC Transfers Spark Drama

    According to Sapijiju, the movements flagged in the earlier tweet were related to Pump.fun’s internal treasury management, specifically the redistribution of USDC raised from the PUMP token ICO into different wallets so the company’s runway can be reinvested into the business.

    They further added that Pump.fun has never directly worked with Circle. The original claims by Lookonchain stated that since October 15, Pump.fun had deposited 436.5 million USDC into Kraken, while 537.6 million USDC reportedly moved from Kraken to Circle through a wallet identified as DTQK7G during the same period.

    Additionally, Lookonchain reported that between May 19, 2024, and August 12, 2025, Pump.fun had sold 4.19 million SOL worth $757 million at an average price of $181, with 264,373 SOL allegedly dumped on-chain for $41.64 million, and 3.93 million SOL worth $715.5 million deposited into Kraken.

    Sapijiju’s clarification received mixed reactions. Some pointed out a contradiction: the team denied involvement in Kraken and Circle transactions but admitted that USDC moves were part of treasury management from the PUMP ICO. Others were relieved to see that the team is still active and engaging with the community.

    Many noted that treasury management is often mistaken for cash-outs. But critics still questioned the team’s strategy, and even called their airdrop explanation weak and warned that PUMP could collapse. Some urged proof that the USDC reserves fully back the circulating supply.

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    Controversies

    Pump.fun’s ICO in July for the native PUMP token was also controversial. The Solana-based meme coin launchpad raised $500 million in just 12 minutes, after selling 12.5% of the total supply at $0.004 per token in a public offering. Initially, 33% of PUMP was allocated for the ICO, with 18% reserved for institutional buyers and 15% for the public sale, but only 12.5% was actually sold publicly.

    Just days before the ICO, crypto exchange Gate.io suddenly canceled PUMP’s pre-market listing and refunded all presale participants. The exchange later explained that the decision was made following discussions with the Pump.fun team.

    Last year, the platform temporarily paused its livestream feature after it was exploited for disturbing acts, including threats of self-harm and violence linked to token performance. Rapid growth, with livestream activity increasing over 100 times in a week, overwhelmed moderation systems.

    To address this, Pump.fun expanded its moderation team and improved automated and human oversight.

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    Chayanika Deka

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  • 110-Year-Old Retail Giant Bealls to Accept Meme Coins and Stablecoins in Stores

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    Bealls will now accept more than 99 digital currencies from 300 wallets via its new Flexa Payments integration.

    Bealls, a 110-year-old US retail chain with over 660 stores nationwide, has announced a new partnership with digital payments firm Flexa to enable in-store cryptocurrency payments. With this integration, Bealls becomes the first national retailer to accept digital currencies from any crypto wallet across more than a dozen blockchains at once.

    The announcement marks Bealls’ 110th anniversary and highlights the company’s ongoing focus on innovation and improving customer experience. Over the years, the retailer has invested in new technologies, such as in-store kiosks and online shopping, and this latest move places it among the early adopters of crypto payments in physical retail.

    Bealls Makes a Crypto Leap

    According to the official press release, the system supports a wide range of assets, including stablecoins and meme coins. Customers will be able to make purchases using digital currencies at Bealls, Bealls Florida, and Home Centric stores.

    As part of the deal, the retailer will utilize Flexa Payments, a digital payment solution designed for speed and versatility. The platform enables merchants to accept over 99 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and stablecoins such as USDC, from more than 300 different wallets.

    Flexa Payments connects with existing retail systems and operates across mobile, in-app, and in-store environments. It also delivers near-instant transaction processing while automatically supporting new currencies and wallet applications as they become available.

    The partnership comes as more Americans are turning to digital assets for everyday transactions. Bealls cited a study that revealed that, as of early 2025, around 28% of US adults, which is estimated to be about 65 million people, own cryptocurrency. The collaboration with Flexa broadens the company’s footprint in brick-and-mortar retail while simultaneously advancing its goal of making digital payments as simple and widely accepted as card or mobile wallet transactions.

    In a statement, the Florida-based company’s Chairman and CEO, Matt Beall, said,

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    “Digital currency will reshape how the world transacts, and Bealls is proud to be at the forefront of that transformation. Our partnership with Flexa is about more than payments; it’s about preparing for the future of commerce and continuing to innovate for the next 110 years.”

    Institutions Diving Deeper into Digital Assets

    Bealls’ move reflects a wider trend across finance and commerce, where institutions are steadily increasing exposure to blockchain-based investments. A study conducted by State Street found that allocations to cryptocurrencies, digital cash, and tokenized securities are expected to more than double by 2028. Over half of those surveyed believe tokenized assets will form up to a quarter of total portfolios by 2030.

    Asset managers are especially active, holding more Bitcoin and Ethereum than asset owners. A small but growing share is even experimenting with newer categories like meme coins and NFTs.

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    Chayanika Deka

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  • Melania Trump Memecoin Sparks Lawsuit Over Alleged Scam

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    When the Melania token launched in January, Donald Trump’s supporters and speculative crypto investors were quick to hop on board, quickly taking the memecoin to an all-time high of $13.73 and a market cap over $2 billion. Today, the token trades for less than a dime and its market cap is about $84.8 million. A lawsuit alleges the backers of that coin launched it as part of a fraud campaign meant to enrich only themselves.

    The accusation was made Tuesday in an amended complaint to a class action suit against Benjamin Chow, co-founder of Meteora (a crypto exchange), and Hayden Davis, Gideon Davis, and Charles Thomas Davis of venture capital firm Kelsier Labs, in the U.S. District Court in the Southern District of New York. The defendants are accused of running a massive pump and dump scheme with at least 15 crypto coins, including $MELANIA.

    The suit alleges Melania Trump was used as “window dressing for a crime engineered by Meteora and Kelsier.”

    “Neither Melania Trump nor her representatives knew the project was part of a systemic fraud, and they would not have agreed to any use of her name had they known the truth,” the suit reads.

    Neither the White House, Meteora, nor Kelsier Labs responded immediately to requests for comment about the lawsuit. We will update the article if they respond.

    Here’s what to know.

    What is the lawsuit alleging?

    The court filing alleges executives at Meteora and Kelsier, through a network of crypto wallets, held roughly one-third of the entire $MELANIA supply before the memecoin began trading publicly. They then allegedly began actively promoting it with paid promotions, influencer posts, and other events. The “official” label on the token further stoked public interest, the suit says.

    “In truth, the insiders had already cornered the market before a single public buyer could act,” the suit reads. “The use of the Melania name completed the illusion. The branding suggested oversight and endorsement by a prominent public figure, neutralizing investor skepticism. In this way, the enterprise weaponized fame to disarm diligence.”

    Within hours, the $MELANIA token boasted a market cap of tens of millions of dollars. The suit alleges the defendants sold off tokens as the price rose, making millions of dollars in profit within hours.

    The defendants are accused of running a similar play with several other tokens. “$MELANIA’s story, though cloaked in celebrity glamour, was just another chapter in a single, unbroken enterprise designed to extract value under the pretense of innovation and credibility,” the filing reads.

    Are these criminal charges?

    No. The suit is a civil class action suit brought on behalf of investors. To date, there have been no criminal charges brought against any of the defendants. There has also been no action filed against them by the Securities and Exchange Commission or Justice Department, both of which remain closed due to the ongoing government shutdown.

    Is the Melania Trump memecoin still being traded?

    Technically, it is. But because the token has lost 99 percent of its value, there aren’t a lot of investors paying much attention to it these days.

    Is Melania Trump being sued?

    No. Although celebrities such as Linday Lohan or Jake Paul have been sued for promoting cryptocurrencies (for not disclosing they were being paid to do so), the filing is very direct in clearing up any questions about the first lady’s possible involvement in an alleged rug pull. “Melania Trump’s team, to the extent it granted any permission, did so without knowledge of the fraud, the insider rigging, or the deceptive launch mechanics,” reads the suit. “Had they been aware that the project was part of a coordinated criminal scheme, they would have rescinded any consent immediately.”

    Trump’s involvement is different than that of celebrities such as Linday Lohan or Jake Paul, who were sued for promoting cryptocurrencies without disclosing they were being paid to do so.

    The Trump family, however, has been criticized for its deep involvement in the crypto world, which some have called a conflict of interest, given Donald Trump’s influence. The Trump family is estimated to have made more than $1 billion from crypto ventures since Trump took office in January.

    Will Melania Trump memecoin investors receive some sort of compensation?

    That remains to be seen. The case seeks an order compelling the defendants to hand over all of the money gained through the launch of the $MELANIA and other tokens along with compensatory and statutory damages. If the defendants settle or are found liable, though, it’s unknown much that will amount to—or what will be left for investors after legal fees.

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    Chris Morris

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  • James Wynn’s Painful Comeback: Reopens PEPE Long, Faces Another Brutal Liquidation

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    After a total liquidation, James Wynn reopened a 10x PEPE long, only to face another wipeout just hours later.

    Pseudonymous high-leverage crypto trader James Wynn has gained widespread notoriety for his volatile fortune, repeatedly making and losing hundreds of millions through leveraged bets on crypto perpetual futures markets.

    Market chaos appears to have struck him again as Wynn’s fresh PEPE bet collapses within hours, extending a brutal streak of crypto liquidations.

    Risky PEPE Bet Ends in More Liquidations

    In its latest tweet, on-chain analytics platform Lookonchain reported that Wynn suffered a complete liquidation during the recent market dip, which also partially liquidated fellow trader “Machi Big Brother,” who has now lost over $53 million on Hyperliquid in the past month.

    Despite the setback, Wynn reopened a 10x long position on meme token PEPE shortly afterward, only to face another partial liquidation less than six hours later. The rapid sequence of losses comes amid turbulent market conditions and a massive decline in the prices of both top crypto assets as well as meme coins.

    Following the third liquidation, Lookonchain tweeted,

    “Once again! Both James Wynn and Machi Big Brother got liquidated in the latest market crash! These two are like brothers in arms – never giving up on their longs, yet always getting wiped out.”

    Controversy Over Insider Activity

    Blockchain analytics firm Bubblemap recently revealed that Wynn’s meme coin venture, YEPE, may be following a familiar and troubling pattern. Once hailed for turning a modest $7,000 PEPE bet into millions, Wynn’s trading history has once again come under scrutiny for potential insider activity. According to Bubblemap’s analysis, nearly 60% of YEPE’s supply is concentrated among insiders, many of whom operate wallets funded through the same centralized exchanges such as LBank, KuCoin, and MEXC. This looked like a coordinated accumulation effort.

    The report further claimed that the trader’s coin promotions are typically accompanied by influencer-driven hype cycles and engineered to attract retail demand while insiders quietly offload their holdings.

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    Even as Wynn remains one of crypto’s most controversial figures and has attracted accusations of manipulation, he continues to receive public endorsements from major industry players. Critics warn that such backing may normalize insider-dominated markets and allow manufactured momentum to masquerade as organic community growth.

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    Chayanika Deka

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  • From Meme Coins to DeFi Dominance: How Solana Overtook Ethereum’s Early Growth Curve

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    While Ethereum laid down the groundwork for smart contracts,21Shares found that Solana’s speed and cheap transactions are driving adoption across a broader spectrum, faster than Ethereum.

    Solana’s revenue engine has matured at a pace few in the industry could have anticipated, and has now clearly surpassed Ethereum’s early growth trajectory.

    From meme coin mania, DeFi, AI, and RWAs, Solana has managed to capture several on-chain revenue streams that Ethereum couldn’t monetize early, a new report suggests.

    Solana’s Early Growth Curve

    According to 21Shares, the blockchain generated roughly $2.85 billion in revenue between October 2024 and September 2025, after averaging nearly $240 million per month.

    Peaks during periods of intense trading activity were found to be more than $600 million, with January 2025 marking the absolute high point at $616 million. This surge was driven largely by meme coin mania, including coins like Trump Coin. Even after the speculative frenzy cooled, Solana’s monthly revenues have remained in the $150 million-$250 million range. Such sustained figures demonstrated that the chain’s success “is not merely a speculative flash in the pan.”

    A closer look at the revenue composition reveals a highly diversified ecosystem. Trading applications such as Photon and Axiom contributed $1.12 billion, or 39% of the total, by facilitating faster swaps, advanced execution, and high-frequency activity.

    Beyond trading, Solana’s infrastructure supports a broad spectrum of DeFi, AI, DePin, and tokenized real-world asset applications. Its architecture, capable of thousands of transactions per second at sub-$0.01 costs, has effectively transformed Solana into a 24/7, global “on-chain Nasdaq,” which has helped it rival long-established Web 2 companies like Palantir ($2.8 billion in 2024) and Robinhood ($2.95 billion) in annual revenue.

    Perspective Check

    The contrast with Ethereum during its formative years couldn’t be more obvious. Between 2019 and 2020, roughly four to five years after Ethereum’s launch, monthly revenue averaged less than $10 million, which is less than 5% of what Solana now produces on a monthly basis.

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    In peak months, Solana’s revenue has outpaced Ethereum’s early numbers by more than 50x. While Ethereum’s growth was constrained by congestion and modest gas fee revenue in a nascent DeFi ecosystem, Solana has leveraged high throughput and low fees to monetize a broader range of activity much earlier in its lifecycle.

    Daily active addresses on Solana now consistently hit 1.2-1.5 million, compared to Ethereum’s 400,000-500,000 during its early years.

    Solana’s revenue growth has not been linear. 21Shares found that just two years ago, between October 2022 and September 2023, total network revenue stood at a mere $13 million, which can be attributed to early skepticism amid outages and market turbulence. The 220x increase over the past 12 months, however, was a shift from experimental blockchain to a commercially viable ecosystem.

    Soon after, institutional interest followed suit. Currently, over $3 billion in SOL is held on public company balance sheets, and multiple treasury initiatives are underway from firms including Forward Industries, Pantera Capital, and Brera Holdings.

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    Chayanika Deka

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  • From PEPE to YEPE: James Wynn’s Risky Meme Coin Moves Raise Eyebrows

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    Data shows YEPE accumulation across select addresses signals coordinated buying.

    Blockchain analytics firm Bubblemap highlighted fresh concerns around James Wynn’s activities in the meme coin market. Wynn’s history of turning small meme coin bets into massive profits may repeat with the latest YEPE meme coin.

    But insider dominance is evident.

    Bubblemap Reveals Pattern

    According to the analysis by Bubblemap, insiders currently hold roughly 60% of YEPE, and a significant portion of these holdings are coming from addresses funded through the same centralized exchanges, LBank, KuCoin, and MEXC. These addresses reportedly exhibit similar funding behaviors and buying patterns, which point to coordinated or highly structured accumulation strategies.

    Bubblemap argued that the recurring pattern behind Wynn’s meme coin promotions is one of manufactured hype, and often amplified by coordinated influencer campaigns that help fuel demand at launch. On-chain data reveals that these surges typically benefit a small group of insiders, who consistently accumulate and hold a large share of the token supply.

    Despite the growing criticism of such moves and the concerns it raises around potential market manipulation, Wynn has continued to build visibility within the industry and has also received public endorsements from high-profile figures, including Binance founder Changpeng “CZ” Zhao.

    For many observers, such backing risks normalizing practices that resemble insider-driven trading activity, blurring the line between aggressive promotion and outright manipulation in the meme coin sector.

    The Wynn Effect

    Wynn, a pseudonymous crypto trader who rose to prominence between 2022 and 2023 through early investments in meme coins, has a history of using high leverage and aggressive trading techniques. His breakout moment came when he transformed a modest $7,000 investment in PEPE into a multimillion-dollar gain. That trade established hallmarks of his approach, which are high-leverage positions, bold risk-taking, and a narrative-driven strategy, often promoted publicly on social media.

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    Since then, Wynn has repeatedly entered the market with similarly structured trades, promoting bundled meme coins like WIFE, ZEUS, and USDM, sometimes leveraging decentralized derivatives platforms such as Hyperliquid to magnify returns. In early 2025, Wynn’s activity on Hyperliquid drew attention, as he executed positions with leverage up to 40x on notional amounts reaching billions of dollars.

    BitMEX co-founder Arthur Hayes, however, cast doubt on Wynn’s high-profile trades and even questioned whether the pseudonymous investor’s real aim is profit or simply attention. In a discussion shared by Unchained host Laura Shin, Hayes said that Wynn’s actions looked more like “airdrop farming” than billion-dollar Bitcoin bets.

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  • Dogecoin Eyes Massive Breakout: Next Move Depends On $0.30

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    Dogecoin has shown signs of renewed momentum after reclaiming ground above $0.26 in the past 24 hours, but it hasn’t made a clean breakout yet. Nonetheless, crypto analysts are bullish on the meme coin, and a few of them have highlighted important support, resistance, and breakout levels. As it stands, Dogecoin path to $0.3 still holds merit, and its reaction here will determine how its price action plays out.

    Analysts Map Out Bullish Setups And Near-Term Targets

    The $0.30 level, in particular, stands out as the next critical threshold for Dogecoin: both as a psychological and technical marker that could open the door for a stronger rally if conquered. 

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    For instance, crypto analyst Ali Martinez observed that Dogecoin is currently trading within an ascending channel. This pattern holds merit as a bullish continuation, and according to the analyst, Dogecoin is still in the accumulation phase. The projection on the chart shows all that’s needed now is for a clean break above $0.3 for Dogecoin to enter into an expansion phase.

    Dogecoin 1W Price Chart: @ali_charts on X

    EtherNasyonaL, another crypto analyst, is more aggressive with Dogecoin. According to his projection, Dogecoin has now completed a successful retest after breaking above a descending trendline of lower highs. The most recent 3-day candlestick now shows Dogecoin forming a bullish candle above $0.25, and now the next step is a bullish leg to new all-time highs.

    Dogecoin 3D Price Chart: @EtherNasyonaL on X

    Dogecoin has been consolidating in a clear nine-month ascending triangle and is now approaching a key breakout point, according to a TradingView analysis. The pattern has been forming since early 2025 with rising support around $0.22 and a horizontal resistance zone between $0.28 and $0.30.

    DOGEUSD now trading at $0.25. Chart: TradingView

    Therefore, a confirmed breakout above $0.30 could send the Dogecoin price to between $0.38 and $0.40, matching the height of the formation and aligning with a prior resistance zone from earlier in the year. The breakout must come with a strong daily candle close above $0.30 and a clear volume surge, ideally two to three times higher than normal.

    Failure to hold above $0.30 or a drop below $0.22 would invalidate the bullish setup, but for now, Dogecoin’s structure suggests that a decisive move is close.

    Dogecoin 4H Price Chart: The Pythia On TradingView

    Early Signs Of Strength

    Dogecoin needs enough trading volume in order to complete this predicted move. The move needs to be backed by a noticeable surge in trading volume, ideally two to three times higher than the recent average.

    Dogecoin’s trading volume has spiked notably in the past 24 hours, coming to $2.5 billion across all exchanges. Furthermore, active addresses and transaction frequency have both increased over the last few trading hours. 

    Related Reading

    At the time of writing, Dogecoin is trading at $0.2644, up by 4.5% and 16.7% in the past 24 hours and seven days, respectively.

    Featured image from Pixabay, chart from TradingView

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    Scott Matherson

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  • Dogecoin Face-Melting Rally: This Bullish Impulse Will Send Price Toward $0.8 ATH

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    Dogecoin (DOGE) is currently showing signs of entering one of its strongest bullish phases yet, with an analyst pointing toward a rare chart formation that could trigger a powerful upside rally. According to technical analysis, Dogecoin may be on its way to hitting new all-time highs, with $0.8 marked as the next bullish target. 

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    Analyst Doubles Down On Bold Dogecoin Forecast

    A new analysis by Mikybull Crypto, a prominent market expert on X social media, reveals that Dogecoin has completed the critical phases of a Bump and Run reversal chart pattern—a setup that historically precedes explosive breakouts. With price action already reclaiming its trendline, the analyst has doubled down on earlier forecasts, predicting that the DOGE price could experience an explosive surge toward the $0.8 level.

    Sharing a price chart, Mikybull clearly highlights the textbook Bump and Run reversal, which consists of a lead-in phase, a bump phase, and a final breakout followed by a throwback to the trendline below $0.23. DOGE’s weekly price action has mirrored this chart structure, with the recent move back to retest the broken resistance now serving as a potential springboard for the next phase. 

    In technical terms, this “throwback” often marks the last opportunity for accumulation before the real rally begins. Mikybull, who has been closely tracking Dogecoin’s macro setup, emphasized in his X post that “the main bullish rally is about to kick off.” In an earlier update, the analyst described the upcoming bull phase as a “face-melting rally,” noting that the Bump and Run pattern is rare but extremely reliable when confirmed. 

    At the time of writing, Dogecoin is trading slightly above $0.25, and a rally to the projected $0.8 target would represent a massive gain of approximately 220%. Such a move would propel DOGE’s price beyond its 2021 record high of $0.73, setting a fresh ATH with an additional 9.6% upside. 

    DOGEUSD currently trading at $0.25. Chart: TradingView

    DOGE Breakout Structure Reinforces Rally Setup

    A second technical analysis by crypto market expert Unipcs on X delivers a similar bullish outlook for the Dogecoin price. His chart highlights a tightening wedge structure, where DOGE has been consolidating below long-term resistance while forming a series of higher lows. Recently, the price broke out from this compression zone, reinforcing the meme coin’s bullish narrative.

    Unipcs reiterated that “DOGE to $1 is a meme until it isn’t,” suggesting that this cycle could deliver the long-anticipated push toward the $1 price level. He further noted that Dogecoin looks primed for an aggressive move that could generate strong spillover effects for other major meme coins in the market. 

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    In an earlier post, he pointed out that Dogecoin’s structure still looked bullish on the Higher Time Frame (HTF), coinciding with the FED interest rate cut and the DTCC listing of a new Dogecoin ETF in September. With Digital Asset Trusts (DATs) and institutional players already accumulating, the analyst maintains a strong bullish stance on the meme coin’s price outlook. 

    Featured image from Unsplash, chart from TradingView

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    Scott Matherson

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  • Dogecoin Is Sitting On A Powder Keg: Here’s The Explosion That Will Send Price To $1.3

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    Dogecoin’s price action is working on a rebound after hitting $0.222 in the past 24 hours. Zooming out into a larger timeframe shows the price structure on the weekly timeframe is pointing to an explosive breakout is in the making. Technical analysis shows that the meme coin, which has already shown it can deliver extraordinary rallies, is now sitting on a powder keg that will send it to new all-time highs. Particularly, technical projections indicate that if the current trend continues, Dogecoin could surge to $1.30.

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    Pattern Repetition Points To $1.3 Target

    The first interesting chart observation focuses on how Dogecoin rallies unfold in repeating waves of expansion. This analysis, which was posted on the social media platform X by 

    Kamran Asghar, shows how Dogecoin has been following a repeating structure in the weekly candlestick timeframe chart. 

    In late 2023, the Dogecoin price broke out of consolidation with a 300% surge, followed by another wave in 2024 that delivered a 500% rally from trendline support to resistance. Each cycle began with a bounce from the ascending white trendline shown on the weekly chart below, which has consistently acted as the backbone of Dogecoin’s long-term uptrend.

    Now, the pattern is setting up for what could be an 800% rally, highlighted in the green projection box on the chart below. This move, if completed, would see the Dogecoin price rallying past its current all-time high of $0.7316 and finally breaking above the $1 price level. Particularly, the projection puts Dogecoin rallying more than 800% to reach a price target around $1.30.

    Chart Image From X: Kamran Asghar

    Dogecoin Bullish Channel Still Intact Since 2021

    Another technical analysis looks at a broader view of Dogecoin’s performance over the last four years. Price action on the weekly timeframe is plotted within a colored channel system, starting from the 2021 breakout, as shown in the chart below. The lower orange line has consistently acted as support, while the green midline has worked as a pivot point. Lastly, the upper blue line is serving as resistance.

    DOGEUSD currently trading at $0.23. Chart: TradingView

    At the time of writing, Dogecoin is trading around $0.23, and this is just between the green midline and the orange support, meaning the bullish structure is still playing out. According to analyst KrissPax, who posted the technical analysis on the social media platform X, Dogecoin is still on track to keep moving to the upper band of the channel, which is marked in blue. Reaching this upper band would put the meme coin in the $0.70 to $1.00 range and retesting its all-time high in 2021. However, in this case, the first step would be to break above the green midline, which is currently around $0.4.

    Chart Image From X: KrissPax

    Related Reading

    Meanwhile, Dogecoin is trading at $0.23, up by 1.1% in the past 24 hours. Investors are awaiting the SEC’s approval of a Spot Dogecoin ETF.

    Featured image from Pixabay, chart from TradingView

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    Scott Matherson

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  • Dogecoin May Pause Above $0.27 Before Charging Toward $0.45 – Analyst

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    They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

    Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

    Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling – right up his alley!

    So, he landed a killer gig at NewsBTC, where he’s one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

    Think Christian’s all work and no play? Not a chance! When he’s not at his computer, you’ll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

    Speaking of chill, Christian’s got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

    Here’s the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day – and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

    Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors – and bosses – he deeply respects.

    So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

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    Christian Encila

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  • Did a Whale Just Signal a PEPE Bull Run? On-Chain Data Suggests It’s Happening

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    A whale has just made headlines across the crypto X community after making the largest PEPE purchase on Kraken ever.

    However, declining user activity, major investors selling off, and the influence of whales suggest it could be setting up for a risky pump-and-dump rather than a genuine bull run.

    Whale Scoops Up $16M in PEPE

    On-chain analytics platform Lookonchain identified the buy, revealing that a newly created wallet had acquired more than 1.52 trillion PEPE tokens worth almost $16 million from Kraken. X user bike4sai shared that it is an institutional-scale purchase on a major exchange and ranks among the largest single transactions in the token’s history.

    Community chatter suggests that this could be the spark that finally sends PEPE to the moon. Analysts are pointing to what they call a “falling wedge” pattern on the coin’s chart, a technical setup that often leads to big price jumps.

    This is also occurring against a backdrop of a broader meme coin revival, with social media sentiment having flipped positively. September has seen renewed interest in coins like PEPE and Little Pepe due to presale momentum.

    Crypto influencers are throwing around some crazy price targets, ranging from modest 2x or 3x gains to speculative 100x moves that would put PEPE right up there with the big dogs.

    Something Doesn’t Add Up

    While most people are getting excited about this whale buy, some red flags are popping up. Third-party data shows user activity is declining, with smart money and public figure investors dumping their tokens. That’s not what you typically see during a real bull run. Big whales are buying, but regular investors aren’t jumping in, which is a recipe for disaster.

    When a few large players control the market, sudden swings are always a risk. Past meme coin cycles have shown the pattern clearly: whales buy in, retail traders rush to follow, and then whales sell off, leaving smaller investors with losses. The current situation around PEPE has similarities.

    This record-breaking purchase on Kraken may not signal the start of a bull run. Instead, it could be positioning for a pump-and-dump, with the whale using hype to attract interest before selling into the momentum.

    Typically, major investors avoid moves that attract this much attention. Only time will tell if this Kraken whale has genuinely started the next major PEPE rally, or if retail investors are about to learn another painful and costly lesson about following whale moves blindly.

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    Wayne Jones

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  • Analyst Says Dogecoin Price Is Entering Expansion Phase – Here’s What It Means

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    According to crypto analyst Cas Abbé, Dogecoin’s current movement suggests it is stepping into a new expansion phase after an extended period of accumulation. This development comes after months of relatively muted sentiment with strong price support, which now appears to be forming the groundwork for another strong breakout. Notably, technical analysis of various charts tracking Dogecoin’s hash rate, CVDD levels, alpha pricing, and network stress index provides context to this technical outlook, which might see Dogecoin surge to new price highs.

    Signs Of An Expansion Phase In Dogecoin

    Taking to the social media platform X, crypto analyst Cas Abbé explained a few reasons as to why the Dogecoin price is about to enter into an expansion phase. The first being that Dogecoin has been trading inside a wide accumulation range in the past few months. This base has been at the $0.20 price level since the beginning of August.

    This type of prolonged base-building is mostly always known to precede sharp upward moves, as it reflects the gradual buildup of strong demand. Furthermore, the analyst noted that the current breakout attempts are backed by rising trading volume, which he interpreted as institutional accumulation. This is unlike past Dogecoin bull cycles, which were mostly based on retail hype.

    Technical momentum indicators such as the Relative Strength Index (RSI) are currently in a mid-range position, and this means that Dogecoin still has significant room to climb before hitting overbought conditions.

    Another factor is the Dogecoin mining hash rate chart. As shown in the image below, the hash rate has been rising massively since the beginning of 2025, showing that network strength has been steadily climbing even during price consolidations and declines.

    Historical Patterns Back Expansion Outlook

    One of Abbé’s key points is that Dogecoin’s price cycles have consistently followed a similar pattern of long sideways stretches followed by sudden vertical expansions. This cycle structure can be seen in the cumulative value days destroyed (CVDD) chart. As shown in the chart below, Dogecoin’s price action stayed well within its accumulation zones before breaking higher in 2018 and then in 2021.

    However, unlike the peaks in 2018 and 2021 where on-chain metrics were overheated, current conditions are calm, which shows more of genuine accumulation rather than profit-taking and distribution.

    The expansion phase is not about short-lived spikes but rather the start of a new directional trend that could redefine Dogecoin’s price structure. Although the analyst did not define a price target, technical analyses from other analysts point to price predictions that will take the Dogecoin price well above its 2021 peak of $0.7316 into the $1 threshold and beyond. A similar analysis by crypto analyst Javon Marks points to a Dogecoin price target of $1.25.

    At the time of writing, Dogecoin is trading at $0.237, up by 9.5% in the past 24 hours.

    Featured image from Unsplash, chart from TradingView

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    Scott Matherson

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  • Meteora Captures $16M in a Day Thanks to Kanye West’s Meme Coin Frenzy

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    Kanye West’s YZY token has created one of the most talked-about moments in the crypto market this year.

    Its ripple effects have been most visible in Solana’s decentralized exchange (DEX) ecosystem.

    Meteora in Spotlight

    According to DeFiLlama data, the launch of YZY injected so much liquidity and speculative frenzy into Solana that Meteora, a rising DEX, recorded a whopping $1.182 billion in trading volume on August 21st. As a result, Meteora managed to overtake long-time leader Raydium as the most active Solana-based exchange.

    This milestone was not just about volume; Meteora also raked in $16.05 million in fees during the same period, second only to Tether in terms of fee generation across the crypto industry

    Meteora’s spike demonstrated how a celebrity-driven token can act as a short-term catalyst for trading platforms by driving both activity and revenue in ways that even major DeFi protocols rarely achieve. Despite this, beneath the surface, the YZY mania highlights deeper issues about celebrity tokens, insider activity, and retail vulnerability that plague the crypto industry.

    Santiment captured the mood well as it revealed how the YZY token soared to a $3 billion market cap almost overnight, only to crash by more than 60% amid rumors of insider dumping. The hype was undeniable: West’s first foray into crypto contradicted his own public stance earlier this year, when he rejected launching a meme coin by calling them a way to “prey on fans with hype.”

    His reversal fueled the frenzy as it drew in both fans and opportunistic traders, but the aftermath left latecomers nursing heavy losses.

    YZY Rigged?

    On-chain analysis by Dethective deepened the controversy and exposed how certain wallets managed to acquire large allocations of YZY at just $0.20, while most traders entered at a higher price.

    One such wallet flipped a $250,000 buy into nearly $1 million in profit in just eight minutes before moving the funds to a treasury wallet. This wallet was later tied to suspiciously similar profit-making strategies used during the LIBRA token launch, which raised suspicions of insider coordination.

    In total, these wallets extracted close to $23 million across YZY and LIBRA by exploiting early access advantages.

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    Chayanika Deka

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  • Huge Shiba Inu (SHIB) Upgrade Imminent: Details

    Huge Shiba Inu (SHIB) Upgrade Imminent: Details

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    TL;DR

    • Shibarium is set for a new upgrade promising exclusive events, rewards, and enhanced utility for future expansion.
    • SHIB rallied 9.5% daily as meme coins gain momentum, with other top performers including DOGE, WIF, and PEPE.

    ‘Big Things on the Way’

    Shiba Inu’s layer-2 blockchain solution – Shibarium – saw the light of day last summer with the main purpose of fostering the ecosystem’s development. Since then, it has completed multiple achievements and underwent numerous upgrades.

    Most recently, LUCIE (Shibarium’s Marketing Strategist) revealed that another advancement is on the way. It aims to bring new opportunities for users, such as exclusive events and rewards. The upgrade will also enhance the utility of the L2 network and allow for future expansion.

    “Shiboshis will play a part in future expansions across the Shib ecosystem, opening doors for unique interactions and potential benefits,” the announcement reads. 

    The previous upgrades unveiled earlier this year include a new user interface (UI) update that enables compatibility with popular self-custody wallets and a hard fork that empowers the community of developers and innovators.

    Last but not least, Shibarium embraced a designated “Burn Portal.” The primary goal is to decrease the circulating supply of Shiba Inu (SHIB) by transferring a portion of tokens to a null address, making it more scarce (and possibly more valuable if demand remains steady or increases).

    SHIB Price Outlook

    Shibarium’s development is sometimes closely related to the price performance of the meme coin. SHIB experienced a 9.5% rally in the last 24 hours, while its market capitalization surpassed $11 billion once again.

    SHIB Price
    SHIB Price, Source: CoinGecko

    The revival aligns with the overall bullish environment in the sector, with Bitcoin (BTC) crossing $71,000 for the first time since June.

    The meme coin niche took center stage, too. Dogecoin (DOGE) is up 16% for the day, while Popcat (POPCAT) hit a new all-time high of $1.75. Other notable gainers include dogwifhat (WIF), Pepe (PEPE), Floki Inu (FLOKI), Brett (BRETT), and more. 

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    Dimitar Dzhondzhorov

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  • $40 XRP? Analyst Reveals Key Insights Suggesting Uptrend Ahead

    $40 XRP? Analyst Reveals Key Insights Suggesting Uptrend Ahead

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    Este artículo también está disponible en español.

    A crypto market analyst recently released a study that predicts a big rise in the price of XRP. This study fits with the current excitement in the crypto community, especially since Elon Musk made his first public reference to XRP.

    Related Reading

    In a video that went viral on Crypto Twitter, Musk talked about how valuable cryptocurrencies like XRP are. This caused a purchasing frenzy. Musk didn’t fully back XRP, but his comments about how cryptocurrencies can help people’s freedom have made people wonder how this might affect the price of the altcoin.

    XRP’s Role In Global Finance

    It was brought up in the video that Musk was asked if he thought XRP could play a big role in the global financial system, given the SEC’s focus on regulating the cryptocurrency. His answer was simple, but it worked.

    He said that coins like XRP challenge centralized control and support personal freedom, but that was not a call to action. Although it did not express outright support, such statements by Musk have given hope to crypto investors because of the influence he has on the market.

    Crypto analyst Steph’s technological study fits this increasing buzz. Since 2018, he noted a symmetrical triangular pattern developing on the XRP/USD chart that points to a notable breakout perhaps just ahead.

    Musk’s Social Media Impact

    Currently at the top of this triangle, XRP reflects the 2017 situation that resulted in its spectacular surge and all-time high of $3.31. Investors are eagerly observing since Musk’s remarks seem to coincide with this pivotal technical turning point.

    XRP market cap currently at $30 billion. Chart: TradingView.com

    Regulatory hurdles have long been a factor in XRP’s price suppression, Steph notes especially in view of Ripple’s ongoing legal battle with the SEC. Still, he believes the coin may be set to have a major breakthrough—just like it did in 2021 when it outperformed Bitcoin by 460%.

    Even if Musk doesn’t explicitly support the token, his mention of it can boost market sentiment because some speculators think the altcoin is currently more affordable than Bitcoin.

    XRPUSD price action in the last 24 hours. Source: Coinbase

    Upbeat About XRP’s Future

    Essentially, Steph is positive about the future of the altcoin but stresses that what is exciting is the developing relationships Ripple has with huge financial institutions. The implications for this are that when CBDCs are going to be more in demand, XRP will be even more important within the global financial system.

    Related Reading

    More than this, institutional interest in the asset is also depicted through recent registration for XRP-oriented ETFs from Canary Capital and Bitwise. These events with the words of Musk have revived hopes about XRP’s long-term possibilities again.

    Nevertheless, Steph cautions even with the good technical and fundamental signals. While he thinks XRP may probably hit $40, he said that a more realistic target range for it would be $5 to $10. Considering the highly volatile and uncertain market, he advised investors to use their judgment properly.

    Steph underlined the need for strategic and cautious investment in view of the unpredictable character of cryptocurrency markets, even though a new all-time high could be on horizon by the end of 2024.

    Featured image from Trackinsight, chart from TradingView

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    Christian Encila

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  • SUI Climbs 36% Amid Bullish Breakout – Is $1.50 The Next Target?

    SUI Climbs 36% Amid Bullish Breakout – Is $1.50 The Next Target?

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    They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

    Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

    Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling – right up his alley!

    So, he landed a killer gig at NewsBTC, where he’s one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

    Think Christian’s all work and no play? Not a chance! When he’s not at his computer, you’ll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

    Speaking of chill, Christian’s got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

    Here’s the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day – and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

    Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors – and bosses – he deeply respects.

    So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

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    Christian Encila

    Source link

  • Meme Coin Revival as These Cat-Themed Tokens Lead the Rally: Details

    Meme Coin Revival as These Cat-Themed Tokens Lead the Rally: Details

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    TL;DR

    • The meme coin market saw a strong recovery on September 10, with significant gains from tokens like DOGE, SHIB, POPCAT, and KOIN.
    • Neiro (NEIRO) jumped 450% weekly after being listed on Binance and other leading crypto exchanges.

    A Green Day at Last

    The meme coin sector suffered painful losses in the past several days, with its market capitalization briefly plunging below $40 billion at one point. However, the landscape looks completely different today (September 10), with numerous tokens charting substantial gains.

    The leading meme coin, Dogecoin (DOGE), hit a two-week high after surpassing $0.10, whereas its biggest rival, Shiba Inu (SHIB), saw its price rise by 2% daily.

    Those stealing the show are certain cat-themed memes like Popcat (POPCAT) and Kittekoin (KOIN). The former jumped by 15% in the last 24 hours, while the latter tapped a new all-time high of almost $0.25 after skyrocketing by over 80%. KOIN lost some of the gains in the following hours, currently trading at around $0.18 (per CoinGecko’s data).

    KOIN Price
    KOIN Price, Source: CoinGecko

    Other well-performing meme coins include BRETT (+6%), DOGS (+8.5%), PEOPLE (+16%), SUNDOG (+20%), and many more. 

    NEIRO Keeps Progressing

    The recently launched dog-themed meme coin Neiro on ETH (NEIRO) also found a spot among the biggest gainers. Its price surged by 15% in the last 24 hours, reaching $0.18 for the first time since mid-August. 

    NEIRO Price
    NEIRO Price, Source: CoinGecko

    Its resurgence happened shortly after an interaction with Binance. Specifically, the exchange launched a USDT-margined NEIRO/ETH perpetual contract with up to 75x leverage.

    This type of product enables users to bet on the price changes of the underlying digital assets without actually owning them. The contract offers high leverage, does not have a set end date, and requires traders to maintain a specific margin to keep their positions open.

    Earlier this week, Crypto.com and OKX hopped on the bandwagon, too. The former allowed deposits and withdrawals of NEIRO/ETH via ERC-20, while the latter added NEIRO/ETH on its perpetual futures market.

    The meme coin is up an impressive 450% on a weekly scale, with its 24-hour trading volume surpassing that of higher-ranked memes like BRETT, TURBO, MOG, and others.

    Crypto X is full of analysts envisioning a further rally for NEIRO. Johny – an X user with almost 700,000 followers – thinks the current price zone of $0.18 is the last resistance before a spike to a new ATH. For their part, MoneyLord believes NEIRO could repeat WIF’s success witnessed earlier this year:

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    Dimitar Dzhondzhorov

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