Author: Yeek.io
SPX6900 [SPX], the Ethereum [ETH] network memecoin that is meant to be a parody of the S&P 500 index, has rallied 10.2% in the past 24 hours. The daily trading volume was not convincing either, down 38.2% from the previous day’s sizeable sell-off. Over the past week, SPX has shed 8.79%, and was down 51.95% in 30 days. These figures might sound dreadful, especially if one is more used to trading and investing in traditional markets that the memecoin aims to flip in size one day, but they were the norm in the memecoin sector. The sector’s market cap has…
Dogecoin [DOGE] has drifted toward the lower boundary of its descending structure as a TD Sequential buy signal prints on the daily chart near $0.095. The signal appears after weeks of controlled selling rather than panic-driven liquidation. DOGE has spent months trending lower from its September peak, yet selling pressure has gradually lost intensity. Recent candles exhibit shorter bodies and slower follow-through, suggesting potential exhaustion. However, this signal does not invalidate the broader trend. Instead, it flags a potential pause or tactical rebound within a dominant downtrend. Therefore, the setup invites caution rather than optimism, especially while DOGE price remains below…
Shiba Inu [SHIB] has been facing significant bearish pressure lately. According to an AMBCrypto report, whales and large holders have continued to offload SHIB too. In fact, Shiba Inu lost 11.49% of its value over the past week. This coincided with the memecoin sector falling by 13.5%. Bitcoin [BTC] saw a sizeable bounce on Friday, 06 February. This 19% relief rally took Shiba Inu up by 22.46% on Friday. And yet, the longer-term trend remained bearish at press time. Shiba Inu bounce could continue higher Source: SHIB/USDT on TradingView On the 1-day timeframe, the structure and momentum remained firmly bearish.…
The memecoin market is crashing as hard as the broader crypto market. Even the large-cap memes have faced the impact of the overnight liquidations that saw Bitcoin [BTC] lose more than $10K in its valuation. Fartcoin [FARTCOIN], one among the top-capped memecoins, plunged by about 15% in the past 24 hours. The decline was clearly reflected in both its price charts and trading activity at press time. Why is FARTCOIN price crashing? FARTCOIN‘s price was declining for a couple of reasons. While the memecoin commanded the highest volume on the Pump.fun [PUMP] ecosystem, it was on the bad side. As…
After a rough January, Memecore [M] surged over 15% on the 6th of February 2026. At press time, the price jumped from $1.37 to $1.60 in just 24 hours, attempting to break through a symmetrical triangle. Source: TradingView The Open Interest (OI) also rose alongside volume, and price confirmed that the bulls were in control. The breakout, following a period of consolidation, marked the end of the bear trend. The MACD bullish cross confirmed the shift, and the market rallied behind MemeCore. But what fueled this rally or reversal? Short liquidations add fuel to MemeCore’s rally A key ingredient in…
Dogecoin [DOGE] extended its slip below $0.1, its critical support zone. The memecoin breached $0.09 and dipped to August 2024 lows around $0.08 before rebounding to $0.093. At press time, DOGE traded at $0.09064, down 11.4% on the daily charts. Over the same period, the memecoin market cap fell by more than $1 billion, reflecting substantial outflows. Dogecoin faces bearishness DOGE exhibited stubborn weakness as the market shifted entirely bearish, and traders aggressively liquidated their positions. On the spot side, for example, the market exhibited total seller dominance. According to Coinalyze data, the memecoin recorded 3.1 billion in Sell Volume between…
The Official Trump [TRUMP] memecoin remains under pressure as price discovery continues to skew lower. The token was trading around 17%, at press time, below its previous day’s level, reflecting sustained selling activity across derivatives and spot markets. Market data suggests that downside pressure could persist in the near term. Capital flight, declining liquidity, and increasing bearish positioning continue to weigh on price structure. Derivatives market signals capital flight Memecoins typically experience amplified losses during periods of broader market weakness, and TRUMP has followed this pattern. Perpetual futures data shows consistent capital outflows, indicating reduced risk appetite among leveraged traders.…
Dogecoin and Shiba Inu slid deeper into selloff territory even as on-chain activity spiked, underscoring a growing disconnect between network usage and price action across the meme-coin sector. Summary Despite a 36% surge in Dogecoin active addresses, prices fell 3%, with Shiba Inu also losing 2%. Increased network activity is driven more by distribution than accumulation, signaling vulnerability to further declines. Trading at $0.00000641, SHIB is down 92% from its 2021 peak, facing weak transaction volumes and uncertain future utility. Dogecoin (DOGE) active addresses jumped 36% over the past week to more than 71,400, signaling renewed participation on the network.…
The White Whale [WHITEWHALE] crypto extended its price discovery despite broader market uncertainty. The memecoin defended the $0.10 level, surged to $0.125, then saw a modest pullback. At press time, WHITEWHALE token traded near $0.116, up about 24% over 24 hours. Trading volume rose roughly 93% to $12.69 million, while market capitalization climbed above $100 million. Whales reload near key demand After WHITEWHALE dropped toward $0.08, dip buyers stepped in across the market. Whale wallets led that response. Data shared by Onchainschool showed a WHITEWHALE treasury wallet adding roughly $200,000 worth of tokens. Following the purchase, the treasury’s holdings exceeded…
NFT communities are progressively reviving their tokens in the memecoin sector. This type of coin seems to be pretty much succeeding in crypto, as it combines utility with meme-driven culture. Recently, Moonbirds NFT followed this path. However, it remains to be known if the memecoin can replicate the similar success as that of Pudgy Penguins [PENGU]. Will Moonbirds mirror PENGU’s success? As the first of the year closed, Moonbirds NFT revived their collection with the launch of BIRB memecoin. Moonbirds NFT revived their collection of 10,000 Owl PFPs, now focusing on governance, staking, and rewards to enhance the memecoin’s utility.…