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BlackRock, in partnership with Securitize, has launched the USD Institutional Digital Liquidity Fund (BUIDL). This innovative offering aims to provide qualified investors an opportunity to earn US dollar yields by leveraging blockchain technology.

The fund’s debut took notice when a $100 million transaction involving USDC stablecoin was executed on the Ethereum network. As a result, BlackRock’s Ethereum address became a magnet for meme coins and NFTs.

BlackRock Now Holds Meme CoinsBlackRock introduced BUIDL, offering qualified investors a channel to earn returns on their US dollars via blockchain. This venture marks a significant departure from traditional investment mechanisms. Indeed, it promises to redefine the financial system.

“This is the latest progression of our digital assets strategy. We are focused on developing solutions in the digital assets space that help solve real problems for our clients,” Robert Mitchnick, BlackRock’s Head of Digital Assets, said.

The strategic maneuver into the crypto market was underscored by a notable transaction where $100 million in USDC. Presumably, the funds serve as the financial bedrock for BUIDL.

The crypto community’s response to BlackRock’s initiative was swift and vivid. Indeed, the fund’s Ethereum wallet, distinguished by its address 0x13e003a57432062e4EdA204F687bE80139AD622f, became a magnet for meme coins and NFTs airdrops. Among these digital assets, four meme coins have stood out:

DETF Token (DETF), with 250,000 tokens valued at $15,385.66, Realio Network (RIO), comprising 10,000 tokens worth around $13,800.10, unshETHing_Token (USH), totaling 500,000 tokens, estimated at $12,749.20, and Shina Inu (SHI), amounting to 9,197,214,541 tokens worth $9,165.50. Read more: 7 Hot Meme Coins and Altcoins that are Trending in 2024

BlackRock Crypto Holdings. Source: EtherScanAs BlackRock embraces a new era of investment, combining traditional finance’s rigor with blockchain technology’s dynamism, the decision to hold or sell these meme coins still awaits.

Sead Fadilpašić

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Sead Fadilpašić

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Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...

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Last updated: 

March 26, 2025

Get your weekly, bite-sized digest of meme coin news.

This week read about:

Meme Coin News: Market Highlights GameStop (GME) Meme Coin Outperforms the Stock FLOKI DAO Votes ‘Yes’ to Burning 15.25 Billion Coins Shina Inu Could Hit $1 by 2050 __________

Meme Coin News: Market Highlights
The global cryptocurrency market capitalization has seen a drop of 0.4% over the past day to $2.54 trillion.

GME is the best-performing meme coin in the last 24 hours, and it is discussed in more detail below.

Next in line is OMIKAMI, with a 41% rise to $0.02407.

Quite a few other meme coins are in green.

On the other hand, BOOMER fared the worst. It’s down 17% to $0.03416.

It’s followed by JESUS, PORK, ANDY, and OMNOM, all with double-digit drops.

When it comes to the top 10 meme coins per market cap, two have seen their prices rise.

Source: cryptonews.com/coins/meme-coins/Dogwifhat (WIF) is up nearly 5%, trading at $2.68.

At the same time, PEPE appreciated 1.3% to $0.00001.

BONK recorded the biggest fall in this category. It is down 6.2%, currently changing hands at $0.00003.

TokenFi (TOKEN) is next among the red coins, having dropped 5% to $0.10627.

The remaining coins are down between Coq Inu (COQ)’s 0.78% and Memecoin (MEME)’s 3.9%.

GameStop (GME) Meme Coin Outperforms the Stock
In meme coin news this week, the GME token recently came out of dormancy, recording significant gains over the past several days.

In the last 24 hours alone, it appreciated 42%, changing hands at $0.007012.

Moreover, in the past seven days, it saw a massive increase of 187%.

At the time of writing, it’s the best-performing coin in the 24-hour category.

In the 7-day category, only OMIKAMI and PONKE surpass it.

The coin’s sudden jump can be seen clearly on the 1-month chart, as shown below.

Source: CoinGeckoWhile trading sideways for the past two months or so, the coin shoots up on May 12.

It rose 2,107% by the following day and 3,865% by May 14.

Just a day later, it hit its all-time high of $0.02167, dropping 67% since.

As reported, the Ethereum-based token saw a revival following the return to Twitter of trader Roaring Kitty, known for sparking the (in)famous GameStop frenzy in the first place.

This post has been viewed over 27.5 million times so far.

pic.twitter.com/YgjVqtgcNS

— Roaring Kitty (@TheRoaringKitty) May 13, 2024

Also, the latest surge unsurprisingly prompted the creation of more GME-named coins.

As for the GME stock, it jumped from $17.46 to $48.75 by May 14, a 179.2% increase.

It’s up 122% in the past month and down 15.55% in the past five days.

Source: GoogleOver the last day, it fell nearly 20% to $22.21.

This shows that the meme coin far outperformed the stock.

FLOKI DAO Votes ‘Yes’ to Burning 15.25 Billion Coins
FLOKIannounced

on Wednesday that the decentralized autonomous organization (DAO) had voted in favor of burning almost 15.25 billion FLOKI tokens, currently worth just below $3 million.

Notably, the decision was reached nearly unanimously.

The coins will be burnt this week.

IT'S OFFICIAL: FLOKI DAO PASSES VOTE TO BURN 15,246,000,000 FLOKI TOKENS

The #Floki DAO has voted in favor of burning 15,246,000,000 $FLOKI tokens, with an overwhelming majority of 99.84% voting in favor of the burn.

In line with the decision of the Floki DAO, the tokens will… https://t.co/zrnytjJ6N2 pic.twitter.com/TGRA8hzVj4

— FLOKI (@RealFlokiInu) May 15, 2024

The proposal went live on May 13.

It noted that the DAO held three key burn-related votes so far.

“In each of these cases, the decision of the Floki DAO was swiftly executed, making it clear that Floki is a completely decentralized cryptocurrency and the Floki DAO ultimately determines the direction of the project,” it said.

One of the votes focused on burning excess tokens recovered from the blacklisted wallet in July 2022.

Some of the affected wallets did not send in the tokens before the deadline. However, one of these recently sent more than 15 billion FLOKI (currently worth over $2.8m million), asking “for a small incentive in return.”

The proposal suggested giving the affected wallet 1% of the tokens returned (154,000,000 tokens), hoping to incentivize other affected wallets to send in the excess tokens they currently hold.

The excess tokens not returned should be considered burnt and inaccessible, the proposal said. The blacklisted wallets cannot do anything with them except send them to the Floki multisig.

FLOKI is down 1.5% over the past 24 hours, currently trading at $0.000196.

However, it appreciated nearly 14% over the past week.

Meanwhile, FLOKI also recently announced that it’s nearing half a million followers on its CoinMarketCap community page.

#Floki has just crossed 400,000 followers on its community page on @CoinMarketCap!

This is a very impressive accomplishment that moves $FLOKI closer to its goal of being the world's most known and most used cryptocurrency.https://t.co/ldzsSilgdZ pic.twitter.com/i0QlYi0Xwd

— FLOKI (@RealFlokiInu) May 18, 2024

Notably, Revolut Business recently listed FLOKI, enabling European commercial accounts to invest in the asset.

Shina Inu Could Hit $1 by 2050
In other meme coin news, by 2050, SHIB could be worth $1. This would be an excellent development for long-term big bag holders.

To reach this conclusion, forecaster Telegaon analyzed factors such as market trends, investor sentiment, trading volume, technological developments, and external influences, it said.

Per the analysts’ predictions, SHIB’s max price this year could reach $0.0000601.

In 2025, that price could rise to $0.0000728. At the end of this decade, we could see the token reach $0.000712.

Over the next few years, it could lose some of those front zeroes.

Five years later, we’re looking at a possibility of $0.00216, followed by $0.089 in 2040, and $1.06 in 2050.

The average price by 2050 could reach $0.89 and a minimum of $0.62.

Source: TelegaonCurrently the 12th coin per market cap, SHIB trades at $0.00002396.

It is down 0.3% in a day and up 0.5% in a week.

Over the past year, the coin’s price increased by 175%.

It hit its all-time high of $0.00008616 in October 2021. SHIB has dropped 72% since.

The coin, however, is up a whopping 42,564,577.6% from its all-time low seen in November 2020.

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Bitcoin’s (BTC) breakout above $65,000 could lead to ‘exceptionally high’ chances for a wider crypto rally in Q4 2024, according to Markus Thielen, head of research at 10x Research.

Sustained Bitcoin Rally Could Spark FOMO In Altcoins In a recent report, Thielen outlined several factors that could set the stage for a crypto rally in the last quarter of 2024. According to the report, further upside for the crypto markets could be on the cards due to two key factors.

First, the acceleration in stablecoin minting signals rising interest among investors and traders in re-entering the crypto market.

In the weeks following the July 31 Federal Open Market Committee (FOMC) meeting, nearly $10 billion worth of stablecoins were issued, boosting market liquidity and even eclipsing Bitcoin exchange-traded fund (ETF) inflows.

The report states:

Circle, which typically caters to more regulated institutions, has accounted for a disproportionate 40% of recent stablecoin inflows, signaling increased allocation from larger market players. Unlike USDT minting on Tron, typically associated with capital preservation, USDC minting may indicate a rise in DeFi activity. Year-to-date, stablecoin inflows have reached $35 billion, pushing the total value of outstanding stablecoins to $160 billion.

Thielen emphasizes Bitcoin’s recent breakout above $65,000, stating that it could rapidly move toward the psychologically important $70,000 price level before it attempts to print a new all-time-high (ATH) value.

Another metric suggesting a potential altcoin rally later this year is the declining Bitcoin dominance (BTC.D) following the September FOMC meeting. BTC.D’s decline coincides with rising Ethereum (ETH) network gas fees, likely driven by increased altcoin activity on the smart contract blockchain.

The chart below shows the rise in Ethereum gas fees, surging from $1.89 million on August 13 to consistently hovering above $7 million since September 22. 

Source: DefiLlama.com The report adds that assuming the US Federal Reserve (Fed) continues to cut interest rates, high-beta altcoins could become increasingly attractive to crypto traders.

Encouraging Cryptocurrency Trends In South Korea, China The report highlights South Korea’s crypto trading activity as a factor strengthening the altcoin trend. Daily trading volume in the country now floats around $2 billion, with altcoins dominating trading activities ahead of BTC.

Notably, Shiba Inu (SHIB) has reclaimed the first position in trading volume in South Korea, indicating enhanced speculation and paving the way for a potential altcoin-dominated market in Q4. 

Finally, Thielen highlights that Chinese over-the-counter (OTC) brokers have reported regular quarterly inflows of roughly $20 billion over the last six quarters, totaling $120 billion. 

As reported recently, the Chinese central bank reduced its reserve requirement ratio (RRR) by 50 basis points to inject liquidity into the market, which could fuel a parabolic rally in digital asset prices later this year.

The report concludes by forecasting that Bitcoin’s next target will be $70,000 within two weeks, with a potential new ATH by late October. BTC trades at $66,298 at press time, up 1.4% in the past 24 hours.

Bitcoin looks to reclaim $70,000 on the daily chart | Source: BTCUSDT on TradingView.com Featured Image from Unsplash.com, Charts from DefiLlama.com and TradingView.com

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Ash is a seasoned freelance editor and writer with extensive experience in the blockchain and cryptocurrency industry. Over the course of his career, he has contributed to major publications, playing a key role in shaping informative, timely content related to decentralized finance (DeFi), cryptocurrency trends, and blockchain innovation. His ability to break down complex topics has allowed both seasoned professionals and newcomers to the industry to benefit from his work. Beyond these specific roles, Ash's writing expertise spans a wide array of content, including news updates, long-form analysis, and thought leadership pieces. He has helped multiple platforms maintain high editorial standards, ensuring that articles not only inform but also engage readers through clarity and in-depth research. His work reflects a deep understanding of the rapidly evolving blockchain ecosystem, making him a valuable contributor in a field where staying current is essential. In addition to his writing work, Ash has developed a strong skill set in managing content teams. He has led diverse groups of writers and researchers, overseeing the editorial process from topic selection, approval, editing, to final publication. His leadership ensured that content production was timely, accurate, and aligned with the strategic goals of the platforms he worked with. This has not only strengthened his expertise in content strategy but also honed his project management and team coordination skills. Ash's ability to combine technical expertise with editorial oversight is further bolstered by his knowledge of blockchain analysis tools such as Etherscan, Dune Analytics, and Santiment. These tools have provided him with the data necessary to create well-researched, insightful articles that offer deeper market perspectives. Whether it’s tracking the movement of digital assets or analyzing blockchain transactions, his analytical approach adds value to the content he produces, ensuring readers receive accurate and actionable information. In the realm of content creation, Ash is not limited to just cryptocurrency markets. He has demonstrated versatility in covering other emerging technologies, market trends, and digital transformation across various industries. His in-depth research, coupled with a sharp editorial eye, has made him a sought-after professional in the freelance writing community. From developing editorial calendars to managing content delivery schedules, he has honed a meticulous approach to project management that ensures timely, high-quality work delivery. Throughout his freelance career, Ash has consistently focused on improving audience engagement through well-researched, insightful, and relevant content. His ability to adapt to the evolving needs of clients, whether it's enhancing the visibility of digital platforms or producing thought-provoking pieces for a wide range of audiences, sets him apart as a dynamic force in the field of digital content creation. His contributions have helped to shape a well-rounded portfolio that showcases his versatility, technical expertise, and dedication to elevating the standards of journalism in blockchain and related sectors.

Discussion around a potential Golden Cross in 2026 has intensified as Shina Inu price compresses instead of breaking decisively lower. This is important since Golden Cross set-ups are the results of long-term stabilization, rather than sudden rallies as the 50-EMA crosses above the 200-EMA. 

SHIB price has spend months trading below resistance and interacting continuously with a well-defined demand base. This framework will dictate whether the moving averages will converge by 2026 or will be stuck in the bearish position.

Will Shiba Inu Price Structure Form a Golden Cross in 2026? At the time of press, Shina Inu value sits at $0.00000715 and it is above a clearly defined demand zone. SHIB price still reveres the $0.0000070-$0.0000075 range, with repeated sells not yielding follow-through. 

Shrinking candle ranges and muted downside extensions show active absorption rather than aggressive distribution, helping price form a base.

This behavior strengthens the probability of a golden cross formation because the 50 EMA already sits below the 200 EMA, which is the correct structural positioning for a bullish crossover. However, positioning alone does not ignite a golden cross.

Price will have to regain structure and grow upwards to push EMA convergence. A clear move out of the descending wedge and the continued acceptance of the price above $0.0000082 would probably accelerate the upward movement and narrow the gap between the two averages.

Besides, trading around the demand zone also plays a critical role. Holding above $0.0000070 continued is long enough to allow EMA flattening to occur. 

If a golden cross develops, SHIB price might rebound to $0.0000090, then to $0.0000115, and eventually $0.00001432  as the trend strength is restored. However, a failure to hold above $0.0000070 level will invalidate this price set up and further delay the crossover.

SHIB/USDT Daily Chart (Source: TradingView) Indicators Support Base Strength Shaping SHIB Price Outlook Notably, indicators reinforce stabilization rather than trend reversal at the moment. The RSI sit at around 38, indicating bearish pressure with no oversold growth. This action is consistent with price holding demand and indicates the declining downside efficiency instead of the revitalized strength of selling.

MACD is still in the negative but the MACD line has crossed the signal line and the bars on the histogram have begun to appear positive. This change is an indication of a positive short-term momentum in the consolidation, rather than a complete turnaround. 

These signal-line crossovers can be common at early base phases and can often be the forerunners of EMA slope changes. 

Should the SHIB price overcome the downward channel and create higher lows, this positive momentum pattern would probably continue. This would favor the gradual convergence of the 50 EMA and the 200 EMA, strengthening the long-term SHIB price outlook. 

SHIB Technical Indicators Chart (Source: TradingView) Open Interest Rises as Despite Daily Price Decline Additionally, the open interest rose by roughly 6%, lifting total OI toward $81 million, despite a daily price decline of 3.58%. This deviation indicates that traders are putting exposure on consolidation as opposed to offloading positions. 

Rising open interest without downside expansion reinforces the view that the demand zone functions as a positioning base.

The leverage is not skewed aggressively short, but it seems to be balanced, reducing the risk of a breakdown in the short term. Breakout above structure would result to repositioning and increase of upside momentum. 

On the other hand, a demand-less failure would unravel leverage within a short period. This will would strengthen the continuation of the trend at a lower level. Open interest therefore amplifies structural outcomes but does not dictate direction independently.

SHIB Open Interest Chart (Source: CoinGlass) To sum up, the Golden Cross scenario of Shina Inu price in 2026 is structurally valid though conditional. Price needs to keep the demand on the defensive side and overcome the downward wedge to increase the rate of EMA convergence. 

Sustained acceptance above $0.0000082 would support recovery and crossover development. However, a clear collapse of the $0.0000070 level nullifies the structure, postponing the Golden Cross formation.