Memecoin

On Saturday, Feb. 7, on-chain data showed Shiba Inu recording a net exchange outflow of -212,479,300,000 SHIB as its price rebounded after a market-wide slump. The strong outflows indicate buyers are withdrawing more tokens from exchanges than are being deposited for sale, even as SHIB's rapid rally cools to a modest 0.85% daily gain.

SPX6900, an Ethereum-based memecoin parodying the S&P 500, has slid 51.95% over the past 30 days and is now retesting its 2025 swing low. It jumped 41.15% on 6 February alongside Bitcoin's 19.59% bounce, but heavy selling, reduced volume, and key resistance around $0.45 suggest cautious traders may use any rally as a chance to sell while monitoring BTC's direction.

According to CoinGlass, Shiba Inu's futures open interest climbed 16% over the past 24 hours to 11.21 trillion SHIB valued at $69.2 million. SHIB stabilized above $0.000005967, trading at $0.000006038 (+0.48%), while volume fell 47.35% to $180.48 million.

Shiba Inu recovered from channel lows at $0.000005600 and is stabilizing near $0.000006200. On-chain positioning shows large wallets steady rather than adding, while liquidation clusters sit at $0.00000610–$0.00000625 on the upside and near $0.00000570–$0.00000540 below. Without a decisive break above $0.000006200, gains may remain range-bound.

FARTCOIN fell about 15% as sell pressure intensified across memecoins. Whales offloaded roughly $64.87 million, while smart money outflows and a $16.8 million Pump.fun volume skewed to sales added to the drop. Over the past 24 hours, long liquidations of about $2.3 million compounded the move, bringing two‑day wipeouts above $5 million.

Dogecoin fell below $0.09 and is trading around $0.08–$0.09 after a short Musk-linked bounce faded. The meme coin has dropped more than 20% for the week as broader crypto weakness, including Bitcoin under $65,000, pressured risk assets. Key supports at $0.10 and $0.0950 have broken, with resistance near $0.09–$0.0950.

Dogecoin has fallen under $0.10 and recently revisited the 2024 support area around $0.08 while confirming a January death cross between its 9-day and 21-day moving averages. Despite this bearish structure, indicators such as RSI and MACD hint at a potential rebound toward the channel's upper boundary near $0.15, while the planned Doge-1 lunar mission and rising interest in Maxi Doge add further speculative momentum.

Dogecoin rebounded after briefly touching $0.08, trading around $0.09872 and up 7.63% over the past 24 hours. Between February 5 and 6, sell volume of 3.1 billion exceeded 2.6 billion in buys, creating a negative delta of 400 million as futures netflows stayed in the red. Stochastic RSI fell to 13.70 while price remained below the EMA20 at $0.11 and the EMA50.

Shiba Inu (SHIB) is flashing a potential bullish reversal after a prolonged slide, with a daily rejection candle forming while price holds key support. At the time of writing, SHIB trades near $0.0000000001179. Analysts see scope for a 20–30% rebound if buyers sustain pressure and short-term moving averages are reclaimed.

Analysts tracking the current rotation into higher-beta assets highlight Maxi Doge amid accelerating on-chain flows. According to its presale page, $MAXI has raised $4,574,543.08 at $0.0002802 per token, while Etherscan shows $503K in whale buys, including a single $252K transaction on Oct 11, 2025.