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Memecoin Update - Week 17 of 2025
Weekly update on all things Memecoins
TL;DR
DOGE is up
SHIB is up
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Shiba Inu burn rate jumps 3,273%
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CZ targeted in fake Grok token scam
Is Elon Musk Leaving DOGE in May 2025?
Dogecoin Price
Crypto is down this week, with DOGE up 10.7% and SHIB up 10.5%:

Weekly Analysis
This weekly analysis is mainly on the top two MEME coins
Dogecoin Market Update
Dogecoin (DOGE) is making headlines once again, surging over 12% in the past 24 hours to trade around $0.1828 at the time of writing, outpacing Bitcoin in key metrics and rekindling optimism for a potential run toward new all-time highs.
According to on-chain data from Santiment, Dogecoin has recorded a 41.12% spike in large transaction volume and a 34.91% increase in daily active addresses, while Bitcoin saw double-digit declines in both.

Santiment
This surge in activity suggests heightened interest from both retail investors and large holders, placing DOGE in the spotlight of the early altseason rally.
Technical indicators also support the bullish case. A classic cup formation is unfolding on the weekly chart, signaling a prolonged accumulation phase with potential for a breakout.

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