Memecoin

US Oil (USOR), a new token on Solana, jumped more than 150% in 24 hours and briefly exceeded a $40 million market cap as traders latched onto a Venezuelan oil narrative. Despite claims of being an oil-backed on-chain reserve index tied to US interests, the project offers no verifiable proof of reserves or official links, and trades mainly on Solana DEXes. On-chain observers highlight concentrated holdings in a small cluster of wallets and suspicious trading patterns, warning that the structure could enable a potential rug pull.

U.S. Oil (USOR) surged more than 40% in 24 hours amid heightened oil-geopolitics headlines, pushing trading volume above $43 million and placing the Solana-based token among the day’s most active assets. Despite the rally, analysts caution that USOR remains a high-risk, narrative-driven token with no verified oil backing, making it vulnerable to sharp reversals as speculation cools.

Pump.fun introduced the Pump Fund, a $3 million program aimed at financing early‑stage teams based on public traction, starting with a build‑in‑public hackathon. Over the past week, platform fee revenue climbed to an estimated $7.6 million and the 30‑day total rose to $24.8 million, while the PUMP token stalled in a consolidation phase.

On January 20, 2026, analyst Trader Tardigrade highlighted a Dogecoin weekly chart pattern suggesting a slightly lower low could precede a major rally. DOGE is trading near $0.13 after a 30% jump earlier in the month, with oversold weekly RSI and resistance around $0.16, while projections discussed range from a short-term move toward $0.16–$0.175 to a long-term scenario targeting $0.80.

Over the past week, FARTCOIN slumped 18.5%, leading losses across major memecoins as risk appetite faded. Technical gauges signaled weakness, while derivatives data showed lower open interest and softer funding, and fellow tokens including DOGE, SHIB, PEPE, BONK, FLOKI, WIF, PENGU, and SPX also ended the week in the red.

Memecoin launchpad Pump.fun has unveiled Pump Fund, a new investment arm introduced alongside a $3 million hackathon initiative. The program will support up to 12 projects with $250,000 each at a $10 million valuation and will include mentorship from the platform's founders.

On Monday, memecoin trading volume briefly climbed to $5.62 billion even as total market capitalization for the sector fell by 6%. Analysts say the pattern points to profit-taking, short-term flipping and a cooling of speculative momentum after a strong start to the year.

A Binance-linked Shiba Inu whale reappeared after six months of inactivity, moving 15,182,013,963 SHIB worth $119,330 to address 0xDB345...fba0. The wallet now holds 61.84 billion SHIB valued at $484,840 and forms the largest position in a $1.67 million portfolio as SHIB slid 6.78% today.

Binance will remove 23 spot trading pairs on January 20, including 1MBABYDOGE/FDUSD, ADX/ETH and ORDI/BTC, while stating the tokens remain tradable via other pairs. ORDI fell approximately 12%, and broader market losses saw BTC briefly at $92,000. On January 19, Binance Australia restarted AUD deposits and withdrawals.

On Jan. 18, 2026, SHIB marketing lead Lucie told holders there is "no panic" and that SHIB and SOU are "moving up together" as SOU NFTs track obligations tied to the late‑2025 Shibarium exploit. The daily burn rate jumped 3,904.47%, with 29,998,516 SHIB sent to dead wallets via two transfers of 28,000,000 and 1,576,200.