TL;DR

• DOGE is down

• SHIB is down

• Solana Meme Coins Plummet as Insiders Cash Out

• Raydium (RAY) Plunges as Pump.fun Tests AMM

• Ex-CFTC Lawyer Pushes for Memecoin Regulation

• Can Kanye’s Crypto Avoid the Memecoin Collapse?

• Pump.fun X Account Hacked, Users Warned

• Bybit Hackers Linked to Solana Memecoin Scams

Dogecoin Price

Crypto is down this week, with DOGE down 20.1% and SHIB down 6.6%:

Weekly Analysis

This weekly analysis is majorly on the top two MEME coin

Dogecoin has erased most of its post-election gains, dropping below $0.20 after surging to $0.48 in December following Donald Trump’s victory. CoinGecko data shows DOGE is now one of the biggest losers among top cryptocurrencies, falling over 19% in the past week.

Open interest has plummeted from January’s all-time high of $5.25 billion to $1.87 billion, signaling a decline in trader engagement. Despite Musk’s association with the token and his appointment to lead the Department of Government Efficiency (DOGE), enthusiasm has cooled. Musk himself stated he is “not actively involved in crypto.”

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