Majors Post Double-Digit Weekend Gains, SHIB Lags Under 5% at $0.0000054
Bitcoin, Ethereum, Cardano and Solana rallied double digits over the weekend while Shiba Inu and peer meme tokens barely moved 5%.

The weekend rebound that lifted Bitcoin, Ethereum, Cardano and Solana into double-digit gains left one corner of the market untouched: meme coins. Shiba Inu rose less than 5% over the same window, with its price still stuck at $0.0000054 — unable to shed its fifth leading zero — a divergence that traders reading order flow will want to note before assuming a broad-market recovery is underway.
The gap matters because meme tokens have historically moved in near lockstep with the majors during risk-on phases. This time the correlation broke down, according to Watcher.Guru, with several leading meme currencies capping gains near 5% while blue-chip assets posted double-digit weekend rallies. That decoupling points to a liquidity and positioning story rather than a simple beta lag.
Buying Pressure Has Been Absent Since 2024
Shiba Inu, Dogecoin and other meme tokens have seen buying pressure erode steadily, with the report noting the sector’s hype and trading buzz have been largely nonexistent since 2024. The segment has managed only sporadic price spurts across the last two years, each of which reversed quickly rather than building into sustained trend continuation.
That price inaction is cited as the primary reason capital is rotating away from the cohort. Upward ticks in meme tokens are increasingly treated as unreliable signals rather than confirmation of recovery, meaning traders who buy into a spike risk holding a position that reverses before momentum can be confirmed on higher timeframes.
Confidence, Not Just Price, Is the Constraint
The underperformance is being framed less as a technical setback and more as a confidence problem. A genuine bounce in the meme-coin segment would require investor conviction to return, not just a favorable macro backdrop for majors — and that conviction has not materialized even as Bitcoin, Ethereum, Cardano and Solana caught a bid.
With capital increasingly rotating toward assets seen as offering more reliable return profiles, the report warns that if the trend persists over several more years, tokens like Shiba Inu and Dogecoin risk fading into historical footnotes — assets newer market entrants may never encounter, or actively avoid if they do learn their track record.
What Traders Are Watching
For active traders, the key data point is the divergence itself: a market-wide bounce that failed to lift a historically correlated sector signals selective risk appetite rather than a broad reflation. Until meme-coin volumes and buying pressure show sustained improvement, the segment is likely to keep trailing majors on relief rallies, leaving SHIB anchored near its current $0.0000054 level.
Read more: DOGE Whales Add 1.1B Tokens as On-Chain Trade Count Drops From 47 to 12
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