Memecoin

Shiba Inu (SHIB) saw roughly 257.9 billion tokens move out of exchange wallets over the past 24 hours, pushing exchange netflow to around -257 billion. The setup comes as SHIB shows oversold momentum with an RSI near 26, while price remains below key moving averages and faces resistance at $0.0000053-$0.0000060.

Allegations outlined in a New York Times investigation say CFTC enforcement staff faced suspensions and internal probes after raising compliance questions about Trump-connected prediction-market applicants. The report also claims digital-asset enforcement slowed sharply in Trump's second term, while Trump-adjacent tokens such as the TRUMP memecoin have remained highly volatile amid regulatory uncertainty.

Dogecoin rebounded on Monday to around $0.086 after slipping over the weekend to a multi-year low of $0.077. Analyst Ali Martinez said DOGE is at a "critical structural inflection point", with $0.081 as the key area to hold and $0.058 as the lower channel floor. A weekly close below $0.081, he argued, could imply a move toward $0.058—an additional 32% decline from current levels.

Shiba Inu (SHIB) slid to fresh local lows after breaking a multi-month rising channel, with RSI dropping below 30 while price remains under key moving averages. Hyperliquid (HYPE) bounced after falling from around $76 and briefly dipping under $60, recovering toward the $65 area. Bitcoin (BTC) is attempting to base around $60,000-$63,000 after a rapid move from above $80,000 to near $60,000, though it still trades below major moving averages.

Dogecoin (DOGE) rose about 2% on Monday and traded near $0.086, sitting just above a widely watched support area around $0.081. Analysts point to URPD on-chain positioning and recent whale accumulation of more than 200 million DOGE over the past week as signs of demand near that level. If $0.081 holds, DOGE could rotate higher inside its long-term channel, while a weekly close below it may shift focus to $0.058 and a separate signal watch near $0.08.

Several analysts say Dogecoin could turn more bullish after its latest pullback, with one calling the dip a “generational entry” as volume picked up near the low. DOGE fell about 14% to $0.07763 and later rebounded to around $0.08529, alongside about $812.7 million in 24-hour volume and roughly $14.5 billion in market value. Traders are monitoring $0.099 as a potential confirmation level, while wallet data shows shifting supply shares across large holders.

On June 7, Pudgy Penguins (PENGU) rose 16% over 24 hours as the broader crypto market rebounded, even while PENGU volume slipped 30% and memecoin volume fell 40%. Exchange balances declined by more than 40 million PENGU to 18.33 billion tokens, alongside increases in whale, Smart Money, and retail holdings. Technical levels show momentum improving, but price still faces the Supertrend band around $0.0071–$0.0073.

XRP is showing sharply compressed Bollinger Bands across multiple timeframes, with charts mapping potential moves toward $1.50 if key levels break, or down to $0.93 if support fails. Separately, whale wallets removed a record 1.91 trillion SHIB from centralized exchanges in 24 hours, while Bitcoin hovered near $62,725 amid talk that liquidity is being pulled toward SpaceX's June 12 listing.

Dogecoin was trading below $0.09 at the time of writing, more than 88% under its May 2021 peak of $0.74. Analyst Javon Marks argues DOGE's long-term chart shows repeating, strengthening alt-season rallies that could imply a move above $20 if the pattern persists. He adds that reaching that range would require major resistance levels to be reclaimed and a strong broader altcoin phase.

MemeCore fell 14.16% over the past 24 hours, with sellers reasserting control after weeks of choppy trading. Trading volume climbed 11.72% to $10.63 million, while Open Interest sank 18.06% to $83.22 million, pointing to a rapid exit by leveraged traders. Price is testing support near $2.72 as indicators weaken and near-term liquidity sits around $3.10–$3.25.