Memecoin

A major Fartcoin trader opened a $7.76 million 10x leveraged long near the range low after an extended downtrend turned into sideways trading. With price capped under $0.47 and Open Interest rising to $265.53 million, positioning and controlled liquidations show a buildup that could trigger a sharp move if key support or resistance breaks.

On January 11, Shiba Inu (SHIB) slipped 0.31% from the prior day and traded around $0.00000860. Intraday pressure is testing local support near $0.00000862, with a possible move toward $0.00000850 if that level fails. A daily close below $0.00000850 could open a test of $0.0000080, while persistent weakness may put $0.00000750–$0.0000080 in view by month end.

TRUMP memecoin has remained in a descending channel since peaking around $9.5 two months ago, with price recently hovering near $5.4. On-chain and trading data show large holders have stopped accumulating, with one whale selling 437k TRUMP worth $2.35 million on Binance at a loss of about $2.35 million. Technical indicators highlight persistent selling pressure, and analysts outline key EMA levels around $5.2–$5.5 as crucial for either further downside or a trend reversal.

Smart money traders are piling back into meme tokens, with Solana-based White Whale turning a $366 buy into roughly $1.5 million for one early participant. Alongside this mid-cap surge, larger names like Dogecoin and Pepe and presale projects such as Bitcoin Hyper and Maxi Doge are being highlighted as key meme coin opportunities in the current bull market.

On Saturday, Jan. 10, Shiba Inu's burn activity spiked, with 7,247,330 SHIB retired in the last 24 hours and the daily burn rate jumping 38,043%. The token's total supply now stands at 589,245,806,058,242 SHIB, while price edged up 0.25% to $0.000008642, indicating tentative momentum.

On January 9, 2026, Pump.fun co-founder Alon said the creator-fee model failed and unveiled a trader-led overhaul. The update adds fee-sharing to up to 10 wallets and ownership transfers, while a December court order let plaintiffs add nearly 5,000 chats to a lawsuit alleging over $722 million in revenue and heavy retail losses.

Bitcoin is trading near $90,635 while ETF products recorded $343.8M in net outflows on Jan. 9, and the market's Fear and Greed index sits at 40 with volatility compressing. Price action is consolidating inside a tightening triangle, with resistance around $91,520 and nearby support near $89,240 that could define the next directional move. A confirmed break above the upper boundary may open a path toward the $93,000–$94,800 region, while failure of the ascending trendline could expose downside toward $87,900.

Shiba Inu rallied across Jan. 1–5, 2026, peaking at $0.00001017 on Jan. 5 before momentum faded and four down days followed from Jan. 6, hitting $0.00000846. On Jan. 9, SHIB team member Lucie urged the community to stay resilient. At writing, SHIB was $0.000008658, down 0.8% daily but up 9.58% weekly.

Memecoin metrics swung from a mid-December slide to an early January rebound. Sector capitalization climbed from around $38 billion to near $48 billion before easing to $44.69 billion, with volume up 17.42% to $4.75 billion. BONK, SHIB, and PEPE posted double-digit weekly gains, while smaller tokens like WIF and FARTCOIN also advanced.

Low-cap meme coins on Solana are delivering outsized returns, with one early TESTICLE buyer reportedly turning a $19 purchase into $46,000. Alongside this, investors are eyeing Official Trump, Fartcoin, MemeCore, Bitcoin Hyper and Maxi Doge as key meme plays, with several tokens posting notable weekly gains and attracting whale interest. These picks span high-utility and narrative-driven projects, from meme-focused Layer-1 and Bitcoin Layer-2 solutions to culture-driven doge variants.