Author: Yeek.io

Towards the end of last week, memecoins saw a resurgence in their prices. As expected, this sparked a slight return in Open Interest (OI) too. For instance, USELESS Coin gained by over 12% in just 24 hours, turning weekly losses to gains of about 5%. Its resurgence also coincided with the likes of FARTCOIN, BONK, and dogwifhat [WIF], among others. USELESS Coin’s market leverage outpaces other memecoins That’s not all either as the notional value of outstanding derivatives contracts for USELESS Coin is up immensely on both CEXs and DEXs. At the time of writing, USELESS had the highest OI-to-market-cap…

In the past 24 hours, SPX6900 [SPX] has rallied by 16.3%. According to CoinMarketCap data, its daily trading volume has increased by 1,061%, or just over tenfold. Open Interest was up by 109.44% in the same window. This pointed toward a trading frenzy and heavy bullish sentiment. In recent hours, the two largest South Korean crypto exchanges, Upbit and Bithumb, announced the listing of the SPX token against KRW and USDT pairs. The memecoin, by itself, has little utility, and its price moves are driven by the market sentiment and not the fundamentals. The token’s homepage calls it a “paradigm…

Memecoins started as a joke. In a way, that makes perfect sense when half the name comes from something designed to make people laugh. What began as internet humour, making its way onto the blockchain, wasn’t taken particularly seriously at first. Yet over time, memecoins became something much bigger. The crypto industry quickly discovered that attention could be just as valuable as technology, and that a passionate community could often drive momentum more effectively than utility alone. Today, memecoins have grown into one of the most recognisable segments of the digital asset market. While they remain highly speculative, this little…

After crashing more than 95% following a whale selloff, siren [SIREN] has shown signs of recovery. The memecoin fell to a low of $0.07 days ago after a whale dumped 670 million SIREN worth $64 million. However, as selling activity cooled, market pressure eased and upside volatility returned. The memecoin rallied to a local high of $0.112 before retracing slightly. At press time, SIREN traded at $0.109. According to CoinMarketCap, the token was up 54% over the past day and 36% over the past hour. Despite these gains, the memecoin remained below all major moving averages, signaling persistent bearish pressure.…

Dogecoin extended its bearish streak, breaching the $0.08 support level. In doing so, the memecoin dropped to a low of $0.079 for the first time in nearly three weeks. As of this writing, Dogecoin traded at $0.07907, down 5.54% on the daily charts. With the recent price drop, the memecoin fell below the 9- and 21-day moving averages, validating this bearish structure.  Dogecoin rising liquidation sparks panic selling After Dogecoin [DOGE] dropped below $0.08, it sparked massive liquidations for leveraged positions.  According to CoinGlass data, $7.68 million worth of long positions were liquidated. Such high levels of liquidations showed that…

Rakuten Wallet said it is preparing a physical Shiba Inu coin for its “Real Coin” series, adding SHIB to a lineup that already includes Bitcoin, Ethereum, and XRP replicas.  Summary Rakuten Wallet is turning SHIB into physical merchandise as Japan retail crypto campaigns expand. The SHIB campaign offers small token rewards to users who meet spot trading thresholds. SHIB remains under pressure, trading near $0.0000044 after weekly and monthly losses. The company said the earlier coins were well received at event booths and that the SHIB version is now in production. The coin is a souvenir item, not a blockchain…

A new CoinGecko analysis found that nearly seven in 10 Pump.fun tokens stopped trading on the same day they launched.  Summary Most Pump.fun launches lose trading activity within hours, showing how thin meme demand can be. Only 4.55% of tokens lasted over 90 days, making long-running projects rare on the platform. The data comes as top meme coins keep sliding, adding pressure on speculative token markets. The study reviewed 18.67m tokens created on the Solana-based meme coin launchpad from Jan. 14, 2024, to June 18, 2026. CoinGecko said 12.8m tokens, or 68.67% of the total, recorded their final Pump.fun bonding-curve…

Bitcoin traded near $64,000 on Monday after a volatile weekend tied to U.S.-Iran headlines.  Summary Bitcoin held near $64,000 as traders watched ETF outflows, Iran headlines and PCE inflation data. PCE, GDP, new home sales and sentiment data could guide Fed rate bets this week. Ether stayed near $1,750, while Solana neared $75 and large-cap altcoins remained stable overall Monday. According to crypto.news market data, Bitcoin traded near $64,217, while Ethereum traded near $1,747. Bitcoin dipped toward $63,300 after fresh uncertainty around peace talks, then recovered toward the middle of its short-term range.  Meanwhile, traders are still watching $62,000 as…

Bitcoin recovered above $64,000 over the weekend after Friday’s drop below $62,400, but the wider crypto market still showed limited momentum.  Summary Bitcoin reclaimed $64K after Friday’s pullback, but the wider market still showed limited weekend momentum. LAB and AERO led altcoin gains, while Ethereum, XRP and HYPE showed weaker momentum Sunday. ETF outflows and Hormuz risk kept Bitcoin traders focused on $62K support and $67K resistance. According to crypto.news market data, Bitcoin traded near $64,166 at press time, up 0.77% over 24 hours. The move came as traders watched U.S.-Iran ceasefire talks, renewed Strait of Hormuz risk and continued…

Pump.fun’s new GO bounty feature is facing fresh criticism after reports said users completed or posted tasks involving tattoos, public humiliation and high-risk stunts for crypto rewards.  Summary Pump.fun’s GO feature has paid over $370,000 while hundreds of bounties remain open online. Reported tasks range from charity actions to forehead tattoos, job quitting videos and risky stunts. Critics say crypto rewards can pressure vulnerable users into unsafe or humiliating public behavior online. The Solana meme coin launchpad introduced GO in early June as a marketplace where users can create paid tasks and lock rewards in escrow. According to the New…