Meme coins finally felt the pressure this week, and the mood across the market changed fast.
$DOGE , $SHIB ,and $PEPE all slipped as investors started moving more carefully after Treasury yields climbed higher again. Rising yields usually pull money away from risky assets, and this time meme coins were hit hard because they depend heavily on hype, momentum, and fast-moving retail traders.
At the same time, inflation fears are creeping back into the market. Traders were already nervous about t...
💸 Shibarium Transactions Surge 44%, but SHIB Isn't Moving
Shiba Inu layer 2, Shibarium, saw a 44% increase in daily transactions, which rose from 842 on May 18 to 1,260 on May 19.
The recent increase, though, might signal the advent of something bigger, but it isn't yet enough as the broader Shibarium network activity remains locked in a flat trend.
Since April 19, when Shibarium transactions surpassed 7,400, the layer 2 blockchain has failed to return to this level. Shibarium transaction co...