Memecoin Rally: DOGE, SHIB, BONK Surge Amidst Volatility Concerns
Memecoins like DOGE, SHIB, and BONK have experienced a rally in early 2026, sparking discussions about a potential comeback. However, high concentration of these assets in major wallets, especially shiba inu, may contribute to market volatility, according to reports. The concentration of holdings could lead to significant price swings if large holders decide to sell or move their assets. The memecoin market is known for its speculative nature, and such concentration further amplifies the risks involved for traders and investors.
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