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Dogecoin, Shiba Inu Prices Fall as Holders Back New Meme Coin $MK

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It’s been a red 24 hours in the meme coin market, with Dogecoin (DOGE) and Shiba Inu (SHIB) posting losses.

DOGE has fallen by just over 1%, while SHIB is down 2% as investor sentiment turns bearish.

However, not all meme coins are experiencing a downturn – the new gaming-focused token Meme Kombat (MK) is still being backed by traders ahead of its upcoming Uniswap listing.

DOGE & SHIB Trapped in Range as Meme Coin Momentum Fizzles

Dogecoin has posted two red daily closes in a row, taking the coin down to the $0.079 level.

DOGE has been trapped around this level for over a week, with buyers and sellers battling it out for supremacy.

The good news for DOGE holders is that the $0.079 level hasn’t been broken to the downside since November 24 – suggesting it’s acting as a floor for price.

However, on the other hand, the 50-day exponential moving average (EMA) is acting as a dynamic resistance level, meaning Dogecoin’s price action remains extremely choppy.

Shiba Inu is experiencing a similar scenario, with the token’s value rising 14% last week before dropping 7% from Tuesday’s high.

SHIB now looks to be falling towards the $0.0000087 level, which has been tapped three times since the start of 2024.

If SHIB breaks below this crucial support zone, it could lead to a further drop back to the $0.0000077 level.

With the meme coin market capitalization falling almost 3% in the past 24 hours, it remains to be seen whether DOGE and SHIB can break out of their current ranges.

XPayments Account Sparks Brief Price Surge for DOGE

Although things are currently looking bearish for the meme coin space, this is in stark contrast to the relatively bullish conditions last week.

This bullishness came from the surprise creation of the “XPayments” account on X (formerly known as Twitter).

Although this account hasn’t yet made a post, and Elon Musk hasn’t revealed what it is about, investors immediately began speculating that it could be related to potential crypto payments functionality.

There have long been rumors about X integrating DOGE as a payment option – so the creation of XPayments naturally led to heightened interest in the world’s largest meme coin.

DOGE soared over 3% on the day the account was created, then soared a further 6% in the days following.

However, this upward momentum couldn’t be sustained – with the coin returning to the red this week.

Meme Kombat Presale Bucks Downward Trend as Highly-Anticipated Launch Nears

Even though Dogecoin and Shiba Inu have struggled in recent days, not all meme coins have been experiencing a sell-off.

One low-cap meme coin still backed by traders is Meme Kombat (MK) – a gaming-focused project hosted on Ethereum.

Unlike DOGE and SHIB, Meme Kombat isn’t yet available on the open market, given that it’s still in its presale phase.

However, this presale phase is now in its final stage – meaning prospective investors have one final chance to buy MK before its Uniswap listing.

MK tokens are on offer for $0.279 during the final stage of the presale and can be purchased using ETH, USDT, or BNB.

Notably, those who purchase MK early can immediately stake their tokens and generate APYs of 119%.

Regarding tokenomics, 50% of the total MK supply has been set aside for presale investors, while 10% will be used to provide DEX liquidity.

A further 30% has been earmarked for staking and battling rewards – highlighting the development team’s focus on rewarding its community.

This approach suggests that Meme Kombat isn’t just another hype-driven meme coin but is instead trying to carve out a niche in the gaming and DeFi spaces.

Leading the project is experienced Web3 entrepreneur Matt Whiteman, who currently serves as COO of North Technologies, an NFT trading and analytics platform.

With Whiteman at the helm and continued interest in its presale, Meme Kombat looks well on its way to making a splash when it launches in the coming weeks.

Visit Meme Kombat Presale

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Unsuspecting Elderly Widow Loses $281K in a Romance Scam: The Dark Side of Crypto

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In an effort to curb the misuse of cryptocurrency ATMs, Australian authorities have identified 90 individuals, many of them scam victims or unwitting money mules, following a months-long investigation led by AUSTRAC’s cryptocurrency taskforce.

The operation was conducted in collaboration with federal and state law enforcement agencies and marks a significant step in understanding how crypto ATMs are being co-opted to facilitate fraud and the laundering of illicit funds.

Widow Scammed Out of $281K in Crypto ATM Scam

According to the official press release, the investigation targeted users with unusually high volumes of transactions, drawing from ATM data across all Australian states. Analysts found that many of the top users were not orchestrating criminal schemes, but rather had been manipulated into them.

In a particularly distressing case, a woman in her 70s lost over $281,000 after falling prey to romance and investment scams, and repeatedly deposited cash into crypto ATMs under false promises. Another victim, also a woman in her 70s, was conned out of more than $130,000 after engaging with what she believed was a legitimate investment platform.

AUSTRAC CEO Brendan Thomas said the findings were more alarming than expected. He added:

“It’s hard to hear these stories, but now we have a better picture of the harms being perpetrated through crypto ATMs, we are better placed to take action, including working with the industry to harden the sector against criminal misuse.”

In response, AUSTRAC recently introduced minimum operational standards for crypto ATM providers. This includes a $5,000 limit on cash transactions, mandatory scam alerts, and improved customer verification and transaction monitoring protocols. These regulatory changes aim to tackle the exploitation of the machines by fraudsters and reduce opportunities for laundering proceeds from criminal activity.

The operation was coordinated by NSW Police and supported by the Australia-New Zealand Crypto Practitioners Working Group (ANZCPWG). Meanwhile, the Australian Federal Police’s cybercrime coordination unit (JPC3) is also launching a national awareness campaign to educate the public about the risks of using crypto ATMs under coercion or misleading advice.

Older Australians Most Affected by Crypto Scams

Crypto scams in Australia have been increasing at a disturbing rate. More precisely, crypto ATMs, which are now more than 1,600 nationwide, are increasingly being misused by fraudsters who target vulnerable citizens.

Over $3 million was lost to cryptocurrency ATM scams in the country between January 2024 and January 2025. Experts are warning that the real figure could be far higher. According to a report cited by the Australian Federal Police (AFP), 150 scam cases were reported, mostly involving investment fraud, extortion, and romance scams, with victims losing over $20,000 on average. Nearly half of those affected were aged over 51.

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30% Surge for Dogecoin? Here’s What Needs to Happen (Analyst)

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TL;DR

  • The meme coin mania seems to have faded despite a few brief moments of hope, and the niche’s leader has failed to recapture its momentum and investors’ attention.
  • However, there’s a chance for a massive double-digit surge, but only under certain conditions, according to popular crypto analyst Ali Martinez.

To embark on its 30% journey north, the largest meme coin by market cap first needs to reclaim the $0.17 resistance. This doesn’t sound like such a major hurdle, given its current price tag of $0.164.

The second part of the equation involves the TD Sequential, which is a metric often used to determine the underlying asset’s market exhaustion in either direction.

The indicator has presented a buy signal on DOGE’s 3-Day chart. Consequently, Martinez concluded that both of these factors could result in a price pump to $0.21.

This would be a breath of fresh air for Dogecoin, which has struggled quite a lot since early 2025. In the past month alone, its price has tumbled by over 21%.

Despite this rather unfavorable market movement lately, some industry participants have remained highly bullish on DOGE’s future price trajectory. JAVON MARKS, known for his bullish statements on several crypto assets, believes the OG meme coin still has a chance to post a mind-blowing surge that can take it to the stratosphere, based on historic performance.

Such a price tag sounds just a bit far-fetched at the moment. History is no indication for future price movements, and $20 per DOGE would mean a whopping market cap of roughly $3 trillion, which would make it a lot bigger than BTC.

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Ripple’s Legal Fight Nears End: Is the $10K XRP Dream Possible?

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Ripple has just announced that it will drop its cross-appeal against the SEC, signaling the end of a years-long legal siege.

CEO Brad Garlinghouse declared: “We’re closing this chapter once and for all.” With the SEC expected to reciprocate, XRP surged by 5% at one point to $2.2.

But beneath the modest green candle lies a tidal wave of speculation. The question everyone’s whispering, tweeting, and meme-posting about: Could XRP really hit $10,000?

The $10K Obsession

There have been more modest predictions, such as those of social media personality Jake Gagain, who recently calculated that a 50x surge, as touted by Carl Moon, would catapult XRP to $106.50.

Influencers like Lucy Bear have called such projections “conservative,” with Casi Trades boldly stating:

“If you think XRP can’t reach double digits, you don’t understand crypto!”

What about the $10,000 promised land? If the XRP Army is to be believed, this number isn’t plucked from some random crypto casino. Apparently, it traces back to elusive Ripple co-founder and XRPL architect Arthur Britto, who is said to have envisioned a future where XRP would serve as the global liquidity backbone for all payments.

According to enthusiasts, Britto believed that for XRP to fulfil its destiny, it would need to hit a staggering $10,000 per token. And while many have scoffed at such moonshot valuations, diehards seem to be doubling down.

In a recent episode of The Rollup podcast, former NEAR engineer Altan Tutar described the XRP fraternity’s $10,000 conviction as almost religious, saying, “I’ve never seen anything like this in any other community.”

While not directly adding his name to the believers’ list, Tutar acknowledged the rationale behind the conviction, comparing XRP’s potential rise to Bitcoin’s own journey to an all-time high price of $111,814.

“If Bitcoin went to $100K, then why not XRP to $10,000?” he asked.

But Here’s the Reality Check

A $10,000 XRP price implies a market cap of $590 trillion, dwarfing the entire global economy. Even Gagain’s $106 price means a $6.28 trillion valuation, more than double Bitcoin’s peak market cap.

It’s probably why Rollup host Andy bluntly dismissed $10,000 as pure fantasy, stating, “XRP is not going to $10,000… $10 is already a stretch.”

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