Author: Yeek.io

Former New York City Mayor Eric Adams has launched a Solana-based meme coin, which he says will help combat rising hate and inspire the next wave of innovation in the city. Summary Former New York Mayor Eric Adamans has launched NYC token, a Solana-based cryptocurrency that has become the center of controversy. The token briefly surged to a $580 million market cap before plunging sharply. Adams said proceeds from the token would support nonprofits, blockchain education, and scholarships. Dubbed the New York City token (NYC), Adams announced the meme coin via a Jan. 13 X post, which subsequently went live…

The ETF game has moved beyond the “new player” narrative in the blockchain space, with institutions increasingly investing in memecoins. The previous year was characterized by a couple of approvals that included major altcoins. However, the start of this year appears to have been uneventful. SEC delays decision on Grayscale’s PENGU ETF  The U.S. Securities and Exchange Commission delayed its decision on Grayscale’s Pudgy Penguins [PENGU] ETF until the 11th of March. The extension granted the Commission an additional 60 days to review the proposed rule change, according to the filing. That delay followed the SEC’s initiation of proceedings in…

A large on-chain transfer linked to Pump.fun has put fresh focus on how the memecoin launchpad is handling the proceeds of its token sale. Summary A Pump.fun-linked wallet sent $148M in USDC and USDT to Kraken. Total deposits since November now exceed $750M from ICO proceeds. The move has renewed debate over treasury use and transparency. A wallet associated with Pump.fun deposited roughly $148 million in stablecoins to Kraken on Jan. 13, according data from to on-chain analyst EmberCN. The latest transaction continues a pattern of sizable exchange-bound transfers seen over the past two months. $148M transfer adds to months-long…

While Shiba Inu drifted sideways on thinning volume, whale wallets quietly withdrew trillions of tokens from exchanges. That shift hinted at a supply-side change the market had not fully priced. According to CryptoQuant’s Exchange Reserve data, SHIB’s on-exchange supply declined sharply over recent months. Between June 2025 and early December, Exchange Reserves fell from above 88 trillion to near 81 trillion SHIB. Source: CryptoQuant That decline suggested sustained off-exchange withdrawals, typically associated with long-term holding behavior. During the same period, Shiba Inu’s [SHIB] price trended lower, slipping from above $0.000013 toward the $0.000008 region. However, conditions shifted after the 5th…

Market momentum, whale activity, and price consolidation shaped investor sentiment around WhiteWhale’s next move. WhiteWhale Solana memecoin drew market attention after its market capitalization briefly touched $200 million. The token surged 134.49% over the past week, peaking near $0.2018 on the 11th of January, before pulling back. Price action later entered a consolidation, suggesting traders paused after the sharp upside move. Can bulls defend the flag? Source: TradingView On the 4-hour chart, WhiteWhale traded inside a tightening range after its rally. The structure resembled a bull flag, often seen after strong, impulsive moves. However, momentum indicators softened. The Relative Strength…

Pepe [PEPE] was down 0.66% in 24 hours at the time of writing, following sharp short-term volatility that drove prices down 2.33% in an hour to sweep the weekend lows at $0.00000588. The popular memecoin had an excellent start to the new year. From the 1st of January to the 4th of January, it rallied 80.15%, but has faced a retracement of 18.32% since then. AMBCrypto reported that the memecoin sector as a whole had a strong bullish momentum in the first week of the year. Capital rushed back in, and top memecoins stole the spotlight. This momentum has slowed…

A massive shift is brewing as the BNB Foundation invests $200K in Chinese memecoins. This strategic move, paired with the Fermi Hard Fork, which is set to launch on the 14th of January, could fuel significant growth. The upgrade promises faster transactions and better scalability, positioning BNB Chain as a leader in the memecoin narrative. Charts show these memecoins gaining traction. How far will they rise before the 14th? Will they steadily climb or surge as the upgrade nears? BNB Foundation’s $200K investment: What’s at stake? On the 11th of January, the BNB Foundation dropped $200K on Chinese memecoins, a…

A high-conviction trader deployed a $7.76 million 10x long on Fartcoin near range lows, signaling confidence as price compresses after months of downside exhaustion.  Price had already completed a prolonged downtrend and shifted into sideways consolidation. Instead of chasing strength, the trader positioned into compression.  This reflects a structural bet rather than momentum chasing. Moreover, the leverage choice amplifies intent while increasing exposure risk.  However, whales rarely commit size without favorable risk-reward conditions. They often act when downside pressure fades.  Fartcoin price coils tightly after the downtrend ends Fartcoin [FARTCOIN] continued trading inside a well-defined range after completing its broader…

Dogecoin’s [DOGE] market action has been a tug‑of‑war lately. Price is stuck under key resistance but has bounced off support, hinting at a fragile but real recovery rhythm in early 2026. At press time, DOGE was trading between $0.139 and $0.140. It sat just below the key $0.14 level that first acted as support and then flipped into resistance. Bulls tried to hold their ground at $0.14 during the retest, but the bears defended the level and forced the price back under it. As a result, upward momentum faded. Momentum weakens near resistance However, the 7-day SMA has turned downwards…

Official Trump [TRUMP] memecoin remained inside a descending channel after topping near $9.5 two months ago. Price attempts to reclaim $5.6, fails, leaving the memecoin range-bound. At press time, TRUMP traded near $5.4 after a modest daily pullback. That stagnation appeared to pressure long-term holders. Several whales exited positions after months of inactivity. TRUMP whales exit after deep drawdowns TRUMP memecoin has recorded a significant shift in sentiment, especially from large holders who jumped to accumulate early last year.  In fact, whales have not made any significant purchases since October 2025, when whales recorded an accumulation for seven consecutive days.…