Memecoin

This week's roundup centers on an SEC filing tied to the Evernorth (XRPN) Nasdaq treasury, where Ripple cofounder Chris Larsen is described as injecting 261 million XRP into a structure targeting more than $1 billion. It also highlights claims that the SEC has categorized Shiba Inu (SHIB) as a nonsecurity digital commodity, and notes Bitcoin's reaction after the Fed held rates at 3.5%-3.75% on an 11-1 vote.

Shiba Inu (SHIB) is trading around $0.000005603, down roughly 1% over the past 24 hours, as attention turns to support near $0.0000056 and a potential retest of $0.0000052. RSI is 55 and 24-hour volume fell 24% to about $120 million, suggesting a neutral, quieter market. On-chain figures show about 200 billion SHIB moved into exchanges against roughly 80 trillion SHIB in total exchange reserves, a shift often associated with rising sell-side positioning.

Bitcoin fell 3.88% over the past week, dropping 3.5% from Saturday's $71.1k high within 24 hours, while altcoin market cap slipped 1.94% in the same window. Kaspa and DeXe led the gainers at +19.5% and +18.62%, while Uniswap, TRUMP, and OKB were among the biggest decliners at -12.4%, -20.51%, and -12.57% for the week.

On March 22, 2026, Dogecoin, Shiba Inu and Pepe were positioned below key resistance while Bitcoin defended the $70,000 area after a midweek dip to $69,370. The meme-coin market cap fell to $31.1 billion from $47.7 billion in early January, with SHIB up 3% and its burn rate jumping 370% as DOGE hovered near $0.095 and PEPE near $0.0000034.

Shiba Inu (SHIB) was down 0.51% week over week, and the memecoin segment showed limited movement among major names. On-chain indicators point to stressed holders, with percent supply in profit at 3.07% at the time of writing and MVRV sitting at an extreme deviation. If the 2022-style pattern repeats, the bearish cycle could extend until September 2026.

Dogecoin traded down to around $0.0910 after ranging between $0.0940 and $0.0950, leaving $0.0930–$0.0940 as near-term resistance. At the time of writing, DOGE was $0.09191, down 2.81% in 24 hours. Analysts point to a hidden bullish divergence and long-term support at $0.07867 as potential catalysts for a move that could extend above $0.44.

BONK.fun says it has brought its site back online after a domain hijack tied to a breach at a third-party provider, with user losses now estimated at about $30,000. The team said on 20 March the attackers used social engineering against the domain service provider, leading to an unauthorized registrar transfer. BONK.fun added it will reimburse impacted users at 110% of losses, while BONK traded near $0.0000059 at the time of writing.

Shiba Inu (SHIB) is being discussed through the lens of a March 17 SEC-CFTC joint framework that outlines an "attach-and-detach" approach, under which a token could move from security status to commodity status if decentralization is achieved. The article argues this could reduce regulatory friction for SHIB and support broader participation, while noting mixed whale flows, rising derivatives activity, and weekly-chart signals that point to a possible reversal setup.

Dogecoin is trading around $0.0939 after a long consolidation, with weekly charts showing oversold conditions and bullish divergence that may point to a reversal. Technical levels highlight resistance near $0.110 and support around $0.080, while a weekly close above $0.110 could open the door to $0.15–$0.20. Separately, speculation about a possible DOGE role in Elon Musk's X payments plans continues to reinforce the token's narrative.

Dogecoin (DOGE) fell below the $0.10 level after previously reaching $0.1041 earlier in the week, while futures positioning pointed to renewed speculative demand. DOGE open interest on Bybit rose by more than 12% and over 1.1 billion DOGE entered the futures market within 24 hours. At publication time, DOGE traded at $0.0926, down 3.31% over the past day.