TL;DR

• DOGE is up

• SHIB is up

• MUBARAK Surges 106% Amid CZ’s Support

• Pump.fun Struggles as Revenue Hits 4-Month Low

• Canary Capital Files for PENGU ETF

• Pump.fun Launches PumpSwap

• LIBRA Memecoin Lawsuit Targets Key Players

• Four.Meme Resumes After $120K Attack

Dogecoin Price

Crypto is down this week, with DOGE up 4.1% and SHIB up 6.0%:

Weekly Analysis

This weekly analysis is majorly on the top two MEME coin

Dogecoin (DOGE) has experienced significant price fluctuations in recent months, with its value dropping over 70% from its December 2024 peak of $0.48. Despite the correction, on-chain data and technical indicators suggest a potential rebound, with some analysts predicting a rally toward $0.29 in the short term.

According to data from Santiment, wallets holding at least 1 million DOGE have increased by 1.24% since early February, despite declining prices. This trend suggests that large holders see the current price levels as an accumulation opportunity, indicating confidence in a future recovery.

Additionally, Dogecoin’s active addresses surged to a four-month high, signaling increased network activity and engagement. Crypto analyst Ali Martinez noted that active addresses jumped from 150,000 on March 12 to over 280,000 by March 14, coinciding with a price increase from $0.16 to $0.26.

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