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

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.
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Cryptocurrency
Ethereum Foundation, Whales, and Hackers: What’s Driving the ETH Sell-Off?

TL;DR
- Whales, hackers, and the Ethereum Foundation wallets moved over $500M in ETH through large sales and withdrawals.
- Ethereum transfers rose to 4.6M ETH, nearing the monthly high of 5.2M recorded in July.
- Staking inflows hit 247,900 ETH, the highest in a month, locking more supply from trading.
Large Withdrawals and Whale Activity
Ethereum (ETH) has seen heavy movement from major wallets over the past few days. On-chain data from Lookonchain shows a newly created wallet pulled 17,591 ETH, worth $81.62 million, from Kraken in just two hours.
Over three days, two new wallets withdrew a combined 71,025 ETH, valued at $330 million, from the exchange.
One of these wallets, address 0x2A92, has withdrawn 53,434 ETH, worth $242.34 million, in two days. This includes a recent purchase of 30,069 ETH, valued at $138.46 million, during a market drop.
Major ETH Holders Offload Millions Amid Price Rally
In contrast, several separate entities have been disposing of some ETH holdings. A wallet tied to a hacker address 0x17E0 sold 4,958 ETH for $22.13 million at $4,463, securing a profit of $9.75 million. Earlier this year, the same address sold 12,282 ETH at $1,932 and later bought back part of the amount at higher prices.
A different whale sold 20,600 ETH for $96.55 million over the past two days, generating a profit of more than $26 million after holding the position for nine months.
Meanwhile, an Ethereum Foundation-linked wallet, 0xF39d, sold 6,194 ETH worth $28.36 million in the last three days at an average price of $4,578.
Recent sales from the same wallet included an additional 1,100 ETH and 1,695 ETH for over $12.7 million combined.
The #EthereumFoundation-linked wallet(0xF39d) sold another 1,300 $ETH($5.87M) at $4,518 ~11 hours ago.
Over the past 3 days, this wallet has sold a total of 6,194 $ETH($28.36M) at an average price of $4,578.https://t.co/4hfCWymHVG pic.twitter.com/ErUyEY8SJy
— Lookonchain (@lookonchain) August 15, 2025
Network Activity on the Rise
CryptoQuant data shows Ethereum’s total tokens transferred have been climbing since August 9. After ranging between 1 million and 3 million ETH through late July and early August, transfers have risen to 4.6 million ETH, approaching the monthly high of 5.2 million recorded in mid-July. This increase has occurred alongside a price rally from about $3,400 to $4,600.
Interestingly, staking inflows generally stayed between 20,000 and 80,000 ETH per day over the past month. On August 14, inflows jumped to 247,900 ETH, the highest in the period.
At the time, ETH was trading near $4,600. Large staking deposits reduce the amount of ETH available for immediate trading, as staked coins are locked for a set period.
In the meantime, ETH trades at $4,647 with a 24-hour volume of $68.25 billion, down 2% on the day but up 19% over the week.
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Cryptocurrency
Massive DOGE Whale Activity Hints at $1 Breakout

TL;DR
- Whales bought two billion DOGE this week, lifting their combined holdings to 27.6 billion coins.
- A single 900M DOGE transfer worth $208M to Binance drew attention to large exchange movements.
- DOGE broke key resistance, with momentum building for a possible push toward the $1 price mark.
Price and Market Moves
Dogecoin (DOGE) traded at $0.23 at press time, slipping 4% over the past day but still showing a 2% gain for the week. Daily turnover came in at about $6.18 billion.
Meanwhile, the broader crypto market saw over $1 billion in liquidations. Hotter-than-expected US Producer Price Index data pushed traders to scale back expectations of a near-term Federal Reserve rate cut. DOGE had roughly 290,500 coins liquidated during the sell-off.
On the two-week chart, analyst Trader Tardigrade notes that DOGE has cleared a downward-sloping resistance line after completing what appears to be a “wave V” in an Elliott Wave sequence. Similar setups in the past, where prolonged declines stayed within falling channels before breaking higher, have been followed by sharp rallies.
$Doge/2-week#Dogecoin is gaining strong momentum to surge above $1 pic.twitter.com/TuSEKr19nv
— Trader Tardigrade (@TATrader_Alan) August 15, 2025
Momentum gauges are also turning up. The Stochastic RSI, which had dropped into oversold territory, is now heading higher. Previous reversals from this zone have coincided with sustained upward moves. The current formation points to a possible run that could carry DOGE past the $1 mark.
Heavy Whale Buying and Large Transfers
As reported by CryptoPotato, blockchain data shows large investors have added two billion DOGE in the past week, spending just under $500 million. That brings their holdings to about 27.6 billion coins, or 18% of the supply. The buying streak has prompted speculation within the community.
Recently, Whale Alert flagged a 900 million DOGE transfer worth about $208 million into Binance. The tracking indicates that it originated from a wallet connected to the exchange, likely as an internal activity. The address involved holds 2.88 billion DOGE, one of the largest balances on the network.
Ali Martinez also reports that transactions above $1 million reached a one-month high, with activity building since early August and peaking as DOGE traded at $0.25.
Whales are back! Dogecoin $DOGE activity at a 1-month high. pic.twitter.com/C83Pv68mCt
— Ali (@ali_charts) August 14, 2025
Sentiment Building
Analyst Gordon described the current setup as “a nice bit of consolidation” before a potential breakout, adding,
“This will be one of the first coins normies FLOCK to & the pump will be MASSIVE.”
With whale accumulation rising, high-value transfers increasing, and a bullish technical pattern in play, DOGE is positioned for a potential push toward $1 if momentum holds.
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Cryptocurrency
Ripple Price Analysis: XRP at Risk as Key Support Levels Could Trigger Sharp Drop

XRP has recently entered a consolidation phase after a strong rally earlier this summer, with the price action now hovering around key resistance levels on both its USDT and BTC pairs. Yet, while momentum has slowed, the charts still indicate a generally bullish structure, with multiple key support levels remaining firmly in place.
Technical Analysis
By ShayanMarkets
The USDT Pair
On the XRP/USDT daily chart, the price is currently trading near the $3.10 mark, facing a strong resistance zone around $3.40. This follows a breakout above the $2.70 range in July, which has now flipped into a support area.
Both the 100-day and 200-day moving averages are also trending upward and recently formed a bullish crossover around $2.45, reinforcing the medium-term bullish sentiment. If the $3.40 resistance breaks, a push toward the critical $4.00 range becomes likely.
However, the RSI hovering near the neutral 50 level suggests a lack of strong momentum for now, meaning a short-term pullback into the $2.80 support zone is still possible.
This zone will be key for maintaining the bullish structure. Losing it could open the door for a deeper correction toward the 200-day moving average located around the $2.40 mark. Yet, as long as the price stays above the moving averages, the broader trend remains bullish.
The BTC Pair
Looking at the XRP/BTC chart, the pair has recently pulled back after hitting the 3,000 SAT resistance, with the price currently around 2,600 SAT.
This follows a clean breakout above the long-term descending channel and a successful retest of its upper boundary, which coincided with the 200-day moving average and the 2,400 SAT support zone. This confluence remains a key bullish technical factor, as holding above it could attract renewed buying pressure.
That said, RSI levels around 48 show that momentum has cooled after the sharp July rally, meaning XRP may continue ranging between 2,400 SAT and 3,000 SAT in the near term. A decisive close above 3,000 SAT would likely open the path to the 3,400 SAT zone, while losing 2,400 SAT could shift the bias back toward 2,000 SAT support. For now, the structure still favors the bulls as long as higher lows remain intact.
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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Cryptocurrency charts by TradingView.
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