Crypto Surge: From Meme Coins to Stablecoins and Regulatory Shifts
Dog-themed coins, stablecoins, and regulators all took turns in the spotlight today, making for one of those evenings where crypto feels both risk-on and buttoned-up at the same time. Let’s start with the dogs. Dogecoin (DOGE) clawed its way back above the key $0.10 mark, outpacing much of the broader market. The move wasn’t just memes and vibes: on-chain activity is up, derivatives positioning is heating, and technicians are eyeing a possible sharp leg higher if DOGE can clear nearby resistance. It’s the kind of price zone where retail tends to wake up, and this time the fundamentals actually look stronger than the last hype cycle. Shiba Inu (SHIB) also got its moment, with Singapore quietly turning into a serious SHIB hub. Local exchange Coinhako shuffled more than 441 billion SHIB in a single day, moving large amounts into cold storage while derivatives open interest and exchange flows spiked. Rising institutional interest around SHIB is helping cement Singapore’s status as ...