The Shiba Inu price crashed to as low as $0.000007683 yesterday, sparking bearish sentiment towards the meme coin. This crash came on the back of a transfer of billions of SHIB tokens, which raised concerns of a potential sell-off by the whale in question.
The Shiba Inu price crashed amid significant selling pressure, with a SHIB whale sending billions of tokens to Robinhood, likely to offload these tokens. Arkham data shows that the whale (0x2d0…9f7bB) first sent 210.365 billion SHIB tokens, worth $1.63 million, to the crypto exchange. These tokens represented about 97% of the whale’s SHIB holdings.
Further data from Arkham shows that the SHIB whale sent an additional 1.52 billion tokens to Robinhood and 7 billion tokens to liquidity provider B2C2 Group, which could be an OTC sale. The Shiba Inu price has notably crashed by over 7% in the last week, and it suffered its worst drop during this period yesterday amid the whale’s transfers. The whale now holds only 5.86 billion SHIB, worth $46,790.
The Shiba Inu price also crashed due to the sell-off in the broader crypto market, led by Bitcoin. BC dropped to as low as $87,000 yesterday amid concerns over trade tensions between the U.S. and Europe stemming from the Greenland-linked Trump tariffs. However, the market recovered towards the end of the day as Trump announced that he had canceled the proposed tariffs, having reached a Greenland deal with NATO.
Despite the recent Shiba Inu price crash, the meme coin is still up over 15% year-to-date (YTD) and ranks among the best-performing crypto assets this year. However, SHIb is still far off from its current all-time high (ATH) of $0.00008845.
SHIB’s exchange netflows have remained mixed, indicating there is no clear accumulation pattern for the meme coin at the moment. CryptoQuant data shows that today’s net flows are negative, totaling just over 7 billion Shiba Inu tokens, suggesting that more coins are flowing into exchanges than out.
However, the total exchanges’ netflows yesterday were positive, at 1.6 billion tokens, indicating more tokens leaving exchanges, which is bullish for the Shiba Inu price as it hints at accumulation from whales. On January 16, SHIB’s netflows were also positive, totaling around 115 billion tokens. However, the positive netflows on that day were overshadowed by the negative flows of 214 billion SHIB recorded on January 20.
Related Reading: Here’s Why The Shiba Inu Price Jumped Over 13%
Crypto traders still remain bullish on the Shiba Inu price as CoinGlass data shows the long/short ratio is currently above 1. Derivatives trading volume has also jumped by over 20% while the open interest is up almost 3%.
At the time of writing, the Shiba Inu price is trading at around $0.000007978, up in the last 24 hours, according to data from CoinMarketCap.
Pump.fun, the memecoins launchpad, has opened an investment arm called Pump Fund and kicked off a public hackathon to seed early projects. It put $3 million on the table to back a batch of new teams. Twelve winners will get $250,000 each at a $10 million valuation as part of the first program.
Under the new plan, funding won’t come from pitch rooms or closed-door panels. According to the platform, projects will be chosen largely by market activity and community traction — real token demand will be the main signal.
That means teams are expected to build in public, mint tokens, and show early user interest instead of relying on traditional venture checks. Mentorship from Pump.fun’s founders is also part of the package.
Today, we announce Pump Fund
It will advance the startup ecosystem on pump fun by aligning itself with projects long-term.
The fund’s first initiative is the BiP Hackathon which will fund 12 projects with $250k @ $10m val, giving mentorship with pump fun’s founders & much more
— Pump.fun (@Pumpfun) January 19, 2026
Reports say participating teams must issue a token and disclose development steps openly. Some posts list specific mechanics: projects are asked to keep a share of token supply public and to let the market judge their momentum.
The hackathon format is meant to make fundraising faster and more visible. This is an approach that puts a lot of power into trading activity, which supporters say can reveal what people actually want.
Pump.fun is signaling a shift. What began as a factory for memecoins has been steered toward funding broader startup ideas. The move is being framed as a way to back early-stage projects both inside and outside the token world, while still keeping a strong role for token mechanics.
But the platform has a past that colors this announcement: earlier coverage flagged security incidents and legal worries tied to memecoin launches and platform mechanics, which some observers say could make this venture-style push controversial.
Some critics worry the model may reward short-term hype over slow, steady product building. Market-driven selection can amplify excitement, and excitement can fade fast.
Questions have been raised about how traction will be measured and whether token-driven signals can consistently point to long-term, sustainable projects. Governance and transparency are already on watch lists.
Applications are open for teams that want a shot at the $3 million pool, with timelines given by Pump.fun for selection and the first cohort to be chosen quickly after submissions close.
The memecoins platform says it will supply capital plus hands-on support to winners, and the community will have a big role in helping decide which ideas rise.
Featured image from PYMNTS, chart from TradingView
While some analysts are focused on predicting the next altcoin season, others are keeping a close eye on when meme coins like PEPE AND FARTCOIN might explode. According to a crypto analyst, the meme coin market is currently at one of its lowest points since 2024. However, while this downturn may raise concerns, the analyst emphasizes that it is only a matter of time before the market flips over and enters a major bullish phase.
@theunipcs, a crypto analyst on X, announced that meme coin dominance has dropped back to near all-time lows, potentially setting the stage for a big sector-wide rally in 2026. The analyst shared a CryptoQuant chart illustrating the declining trend in the meme coin market. He noted that the current downturn is even more severe than what was observed during the 2022 to 2023 bear market. However, similar low points in February 2024 led to massive price rallies in meme coins like BONK, which jumped 440%, FLOKI by 1,000%, WIF by 1,600%, and PEPE by 2,500%.
Before these historic rallies, @theunipcs stated that many investors believed that meme coins were dead. He noted that shortly after the negative sentiment shifted, the market saw one of the most explosive meme coin rallies of the cycle. With dominance at similar low levels and sentiment still uncertain, the analyst predicts another rally could occur in the current cycle.
In his analysis, @theunipcs referenced the early meme coin melt-up in the first week of January 2026. He said that a week after his December 23, 2025, post, coins including USELESS, PEPE, BONK, and FARTCOIN surged between 50% and 120% within just a few days. The overall meme coin sector also saw gains of more than $10 billion in market capitalization during that period.
Notably, the analyst has observed that Bitcoin is now breaking out from a key level. As a result, major cryptocurrencies are becoming more attractive to investors for the first time in months, and overall sentiment in the crypto market is improving. He suggested that these bullish conditions could support another wave of meme coin momentum, with PEPE and FARTCOIN among the top cryptocurrencies the analyst predicts could rally this year.
In his analysis, @theunipcs identified specific coins he is positioning himself in ahead of the potential meme coin rally. Other than PEPE and FARTCOIN, he mentioned coins such as USELESS, BONK, and FLOKI, as those he expects to aggressively outperform the broader market. He stated that these meme coins are likely to lead the next wave of market gains.
Moreover, the analyst predicted that the market will soon enter a melt-up phase, during which several coins could experience parabolic rallies of up to 1,000%.
Crypto analyst Morja has revealed his PEPE price prediction, alluding to the level the meme coin must hold to sustain its bullish momentum. Another crypto analyst painted a scenario in which the meme coin replicates the parabolic run it recorded in 2023.
In an X post, Morja stated that a weekly candle close above the red level at $0.000005853 for the PEPE price would confirm a successful retest and reinforce the bullish movement. He further remarked that as long as the price holds above this level, upside continuation remains favored.
However, the analyst warned that on the way toward $0.000010867, a key resistance is located around $0.0000083, which may act as a significant reaction zone before any further upside continuation. Meanwhile, crypto analyst StudyE has painted a scenario in which the PEPE price goes parabolic, replicating its historic 2023 run.
The crypto analyst stated that this would happen if the PEPE price pumps into the January 15 to February 15 window. He further explained that the meme coin needs to be at the unfinished monthly candle in that time window in order to invalidate this. An invalidation would send PEPE higher first, and then the bottom would be in. If that doesn’t happen, it may have one more hurdle to overcome.
StudyE stated that no matter the path the PEPE price takes, it would lead to the same outcome and timeframe. Based on this, he declared that the fourth quarter of this year will be parabolic, regardless of what happens. It is worth mentioning that PEPE has been one of the best-performing crypto assets to start the new year, with the meme coin up over 30% year-to-date (YTD).
Crypto analyst CryptoLinx has predicted that the PEPE price could rally to $0.00000728 in the short term. The analyst noted that PEPE is breaking out of the downward channel right now and that the target for this pattern is a move back to the previous high. This is a level that the meme coin had reached at the beginning of the year, when it rallied by as much as 80%.
In the long term, crypto analyst Eco Nomad stated that the PEPE price will rally to $0.00001, which is the midpoint of the Gaussian channel. If the meme coin breaks that level, he is confident that it could trade within the 4 zeros, having deleted one zero in the process.
At the time of writing, the PEPE price is trading at around $0.000006670, up almost 14% in the last 24 hours, according to data from CoinMarketCap.
Solana’s price has delivered a slight rebound as the broader crypto market gradually shifts towards a bullish outlook. Although the price of SOL may be demonstrating strength once again, its future trajectory is largely tied to the performance of the leading network in the days ahead.
Following a slight bounce on Monday, Solana is back above the $140 price mark. However, on-chain data suggests that the altcoin is nearing a turning point where its next significant price change may depend more on how well its network functions going forward than on market sentiment.
This thesis was outlined by Santiment, a leading market intelligence and on-chain data platform, after examining the correlation between SOL’s current price movement and its network activity. With price spikes coinciding with reduced network activity, the focus is now on the blockchain’s ability to maintain that momentum.
Santiment highlighted that as ongoing market volatility cools off, the price of SOL experienced a leg up as high as $144, drawing dangerously close to breaking past its $145 resistance level. While the price remains below the key resistance level, the altcoin awaits its next major catalyst in order to clear this level.
According to the on-chain platform, this will mostly depend on whether SOL network growth can start to increase once more, drawing attention to its fading new wallet creation. Data shows that the number of new wallet addresses created in a weekly timeframe has dropped significantly over the last few weeks.
In contrast to the prior optimistic moments, when new addresses were generated at record rates, accompanied by soaring trading and meme-coin activity, the slowdown represents a significant change.
As of November 2024, the number of weekly wallet addresses created was approximately 30.2 million. Fast forward to today, and the figure has fallen sharply, sitting at about 7.3 million. This massive drop in wallet creation signals a growing cooling phase in user onboarding across the SOL network.
New wallet addresses may have reduced significantly, but Solana’s transaction scale remains robust. Despite fluctuations in the overall market momentum, SOL maintains a remarkably high level of daily transactions, demonstrating the power of its network.
In a recent report from Solana Daily on the X platform, it was revealed that the network has persistently carried out more than 60 million transactions every day for the past 750 days. This consistency demonstrates the chain’s widespread use in Decentralized Finance (DeFi), Non-Fungible Tokens (NFTs), payments, and high-throughput applications that depend on its affordability and speed.
An interesting aspect of this growth is that the network has maintained zero uptime within the timeframe, reinforcing its position as a reliable hub for on-chain activity. Currently, Solana is supported by real usage rather than just speculative spikes, which increases network efficiency.
21Shares is set to launch its Dogecoin ETF after gaining approval from the U.S. Securities and Exchange Commission (SEC) and Nasdaq. This is expected to provide some bullish momentum for the meme coin even as DOGE funds see muted interest from institutional investors.
Crypto ETF issuer 21Shares has filed the prospectus for its Dogecoin ETF, signaling plans to launch this fund this week. However, the asset manager has yet to announce a specific launch date. This will be the third spot DOGE fund to launch after Grayscale and Bitwise’s DOGE ETF, which launched last year.
21Shares Dogecoin ETF will launch on the Nasdaq under the ticker ‘TDOG.’ Crypto exchange Coinbase is listed among the Trust’s custodians alongside BitGo and Anchorage. Meanwhile, the fund will offer in-kind creations and redemptions, similar to other existing spot crypto ETFs. 21shares will charge a 0.50% management fee for the fund.
The Dogecoin ETF will be 21Shares’ fifth spot U.S. crypto ETF, as the asset manager already offers Bitcoin, Ethereum, Solana, and XRP ETFs. The DOGE fund’s launch is bullish for the foremost meme coin as it could attract more institutional flows into its ecosystem. However, it is worth noting that the other existing spot U.S. DOGE funds have only seen moderate demand so far.
SoSoValue data shows that the inflows into these Dogecoin ETFs have been minimal, with these funds currently boasting net assets of just under $10 million, which is less than 1% of the meme coin’s market cap. They have also mostly recorded zero-flow days since launching, with most inflow days below $1 million. However, it is worth noting that these funds saw greater demand at the start of the year, when DOGE rose to around $0.15. As such, they could attract more inflows as the market recovers.
Crypto analyst Hokage described the current DOGE price level as a generational buying opportunity amid the imminent launch of the Dogecoin ETF. This came as the analyst remarked that while the short-term is extremely hard to figure out, the long-term support will eventually get hit. His accompanying chart showed that the leading meme coin could rally to as high as $1.6 in the long term.
The crypto analyst highlighted the potential integration of Dogecoin into Elon Musk’s X as one catalyst that could spark this run. He opined that the meme coin will eventually get integrated into X as a payment and tips feature. Hokage added that it is just a matter of time and not if.
Related Reading: Dogecoin Is Breakout Ready: Analyst Shows Major Target For The Meme Coin King
At the time of writing, the Dogecoin price is trading at around $0.137, down over 2% in the last 24 hours, according to data from CoinMarketCap.
Crypto analyst DOGECAPITAL has drawn attention to a Fibonacci level that indicates that the Dogecoin price top is above $10. The analyst also highlighted the meme coin’s performance during past bull cycles to explain why it could rally to double digits.
In an X post, DOGECAPITAL predicted that the Dogecoin price could rally above $10, which would mark the top for the foremost meme coin. This came as he noted that the monthly DOGE chart highlights where major cycle peaks have historically formed using Fibonacci extensions and that this pattern is “remarkably consistent.”
The crypto analyst mentioned that in the first cycle, the Dogecoin price topped exactly at the 4.236 Fibonacci level. In the second cycle, DOGE is said to have peaked again at the 4.236 Fibonacci level. DOGECAPITAL remarked that this pattern isn’t random but rather a structural behavior.
He then stated that if this pattern continues into the next cycle, the data strongly suggests that the Dogecoin price’s upcoming cycle top could again align with the 4.236 Fibonacci level, which currently sits at $33.25. DOGECAPITAL added history doesn’t repeat perfectly, but it often rhymes. In this case, DOGE has followed its long-term Fibonacci structure with “near-perfect accuracy,” which is why he is confident that the meme coin could reach this price target.
Meanwhile, it is worth mentioning that DOGECAPITAL’s accompanying chart showed that the Dogecoin price could reach this $33.25 target between now and 2028. Interestingly, the chart showed that DOGE could rally to as high as $100 if it reaches the upper boundary of the ascending channel. A rally to these targets would mark new all-time highs (ATHs) for the meme coin, whose current ATH is $0.74.
A potential Dogecoin price rally to $33.25 would give the meme coin a market cap of around $5.6 trillion. However, DOGECAPITAL stated that market cap has never dictated how DOGE moves. He said that if it did, half the insane runs in crypto wouldn’t exist. The analyst noted that Shiba Inu exploded to a massive valuation in 2021 with no “realistic” justification, yet the market still sent it to such highs.
DOGECAPITAL stated that his focus is on the long-term Fibonacci structure and that the Dogecoin price has topped at the 4.236 Fib level in two separate cycles. He added that this is the entire point of the chart and that it is not tied to any quarter, fundamentals, or market cap logic. The analyst also claimed that short-term volatility doesn’t erase a decade-long pattern and that if the Fib structure breaks, he will adjust accordingly.
At the time of writing, the Dogecoin price is trading at around $0.14, up in the last 24 hours, according to data from CoinMarketCap.
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