Memecoin

On January 22, Shiba Inu (SHIB) added 0.65% over the past 24 hours and traded near $0.00000794. According to CoinMarketCap, the broader market shifted back to the green, while SHIB's intraday range favored $0.00000770–$0.00000820. A failure to hold support around $0.00000789 could open a move toward $0.00000770–$0.00000780, and, if $0.00000678 breaks, momentum may extend toward $0.0000060.

X is introducing Starterpacks, an onboarding tool that helps new users follow curated crypto and technology feeds. Unveiled Thursday and previewed by Head of Product Nikita Bier on January 21, 2026, the crypto category will feature memecoin trading with real-time trends and sentiment from active traders. A short video showed users selecting interests and following vetted accounts.

Trump Media scheduled a 2 February token airdrop for shareholders owning at least one whole DJT share, positioning it as a blockchain rewards program with non‑equity, non‑transferable tokens. After the news, the TRUMP memecoin fell 4%, reversing its early‑2026 rebound, having touched $5.8 on a 23% recovery before sliding toward $5 and hovering near $4.9.

PEPE is entering a key reversal phase, with analyst "The Composite Trader" describing the recent price structure as a controlled process designed to flush out bearish positions after an unsustainable early-year rally. His chart shows PEPE falling nearly 50% since late 2025, then correcting about 33.21% as price returns toward the yearly open, while another analyst, Davie Satoshi, warns of further downside if Bitcoin drops to $85,000 or $75,000. Despite the bearish setup, both suggest PEPE could eventually stage a sharp recovery once accumulation and bullish confirmation signals appear.

The U.S. Senate Committee on Agriculture, Nutrition, and Forestry plans to publish new crypto market‑structure legislative text on January 21, following a January 13 announcement and ahead of a January 27 markup. The draft addresses issues such as whether memecoins qualify as "digital goods," token classification, and CFTC oversight funding, while Coinbase's Brian Armstrong has criticized earlier Banking Committee drafts as having "serious issues."

US Oil (USOR), a new token on Solana, jumped more than 150% in 24 hours and briefly exceeded a $40 million market cap as traders latched onto a Venezuelan oil narrative. Despite claims of being an oil-backed on-chain reserve index tied to US interests, the project offers no verifiable proof of reserves or official links, and trades mainly on Solana DEXes. On-chain observers highlight concentrated holdings in a small cluster of wallets and suspicious trading patterns, warning that the structure could enable a potential rug pull.

U.S. Oil (USOR) surged more than 40% in 24 hours amid heightened oil-geopolitics headlines, pushing trading volume above $43 million and placing the Solana-based token among the day’s most active assets. Despite the rally, analysts caution that USOR remains a high-risk, narrative-driven token with no verified oil backing, making it vulnerable to sharp reversals as speculation cools.

Pump.fun introduced the Pump Fund, a $3 million program aimed at financing early‑stage teams based on public traction, starting with a build‑in‑public hackathon. Over the past week, platform fee revenue climbed to an estimated $7.6 million and the 30‑day total rose to $24.8 million, while the PUMP token stalled in a consolidation phase.

On January 20, 2026, analyst Trader Tardigrade highlighted a Dogecoin weekly chart pattern suggesting a slightly lower low could precede a major rally. DOGE is trading near $0.13 after a 30% jump earlier in the month, with oversold weekly RSI and resistance around $0.16, while projections discussed range from a short-term move toward $0.16–$0.175 to a long-term scenario targeting $0.80.

Over the past week, FARTCOIN slumped 18.5%, leading losses across major memecoins as risk appetite faded. Technical gauges signaled weakness, while derivatives data showed lower open interest and softer funding, and fellow tokens including DOGE, SHIB, PEPE, BONK, FLOKI, WIF, PENGU, and SPX also ended the week in the red.