Doge’s Cousin Rises Again! 🚀

by

Right then. It appears the digital canine known as Shiba Inu (SHIB) has had a bit of a… moment. A surge, if you will. Nearly 16

Santiment, those people who watch the digital flotsam and jetsam, have noted that the total value of all these… assets… increased by approximately 23

The amount of money changing hands jumped from a relatively sedate $2.16 billion to a frankly alarming $8.6 billion. That’s a lot of digital confetti. A lot. It suggests people are buying and selling with the kind of enthusiasm normally reserved for a sale on slightly bruised bananas.

Someone’s Holding the Leashes

Now, here’s where it gets interesting. It transpires that a very small group of people – ten wallets, to be precise – control over 60

Meme coins, those beacons of sound financial planning, are still bouncing along. The entire market cap is now north of $45.3 billion, a rise of +20.8

Top performers this week include:

$PEPE +54

$USELESS +54

$MOG +38

$DOG +36

– Santiment (@santimentfeed) January 4, 2026

A chap called Charting Guy (a name that inspires complete confidence) reckons the weekly chart “looks good”. Which is reassuring. The token started the year at $0.000006904 and has since climbed. It briefly poked its nose above $0.0000093 before having a little sit-down. It’s currently around $0.000008766. Gains are up nearly 64

$SHIB weekly looks good

– Charting Guy (@ChartingGuy) January 4, 2026

Apparently, it’s nearing a ‘descending trendline’ which, if broken, might lead to further gains. Or it might not. It’s all a bit wobbly, really. A bit like a jellied eel.

Everyone’s at the Dog Park

Other meme coins are also doing the jig. Dogecoin is up 20

The Peculiarities of Market Volume and Trader Temperament

Santiment’s data reveals that trading activity has gone through the roof, suggesting a return of ‘hot money’. Which is to say, money that’s looking for a quick profit and isn’t particularly fussed about long-term stability. The value traded has jumped from $2.17 billion to $8.7 billion. That’s a lot of frantic clicking.

So, to summarize: Shiba Inu’s future is uncertain. It could go up. It could go down. It depends on whether those ten wallets decide to sneeze. Or sell. Or simply change their minds. Essentially, it’s less an investment and more a gamble with slightly nicer pictures. Good luck. You’ll need it. 🍀

Read More

2026-01-05 12:59