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Shiba Inu’s holder count is creeping toward 1.6 million, but the pace suggests otherwise.
On-chain data from Etherscan puts the figure at roughly 1.5883 million at the time of writing, which is a gain of fewer than 2,000 new holders over the past two weeks. For a token of SHIB’s profile, that’s closer to a standstill than a surge, which shows just how cold the memecoin market has become.
Nevertheless, SHIB futures volume shot up 60% to around $140 million in a single day, even as major coins declined. Open interest climbed alongside it, pointing to speculative positioning rather than organic accumulation.
This surge could be tied to an oversold setup, as T. Rowe Price’s active crypto ETF now holds SHIB while it develops new features, including auto-burn upgrades and a Layer-3 privacy build. At press time, SHIB was at $0.000005037, up 1.41% on the day.
Meanwhile, Dogecoin is finding support from a different angle. DOGE climbed 8% after the Tom DeMark Sequential flashed a buy signal – the same indicator that preceded a 31% drop from $0.113 to $0.078 in May when it signaled a sell.
 
At press time, DOGE was trading around $0.087, down 1.87%, in step with a broader relief rally driven by falling oil prices and fresh inflows into spot Bitcoin ETFs.
To top it off, Mercari, Japan’s largest online marketplace, has added Dogecoin to its app for roughly 23 million monthly users, powered by Coincheck, with purchases starting at 1 yen. This development puts DOGE within a regulated, tax-favored retail environment in Japan.
While the CMC Altcoin Season Index sits at 50 (Bitcoin Season), it’s gone up from 47 last week and is well above last month’s 29.