Pepe price declines 9% as top memecoins falter

  • Pepe changed hands around $0.0000058, having dropped 9% amid sharp declines for memecoins.
  • Dogecoin and Shiba Inu also shed gains, while Fartcoin plunged 13%.
  • Memecoins are struggling as privacy coins explode.

Pepe ranked among the weakest performers over the past 24 hours as momentum in the cryptocurrency market’s memecoin segment faded.

The pullback has not been limited to Pepe. Several leading memecoins that posted strong gains earlier in January 2026 have also retreated, as investors lock in profits amid broader market repositioning.

A shift in sentiment toward privacy-focused cryptocurrencies has coincided with declines in tokens such as Dogecoin, Shiba Inu and Bonk.

Selling pressure has been more pronounced in some smaller names, with memecoins including Fartcoin recording double-digit losses.

Pepe price falls 9%

Frog-themed memecoin Pepe was down 9% in early trading during the US hours on Thursday as the broader category notched widespread declines.

The token traded at around $0.0000059, down from recent highs of $0.0000065, with sell-off pressure mounting amid heightened selling activity.

Data from CoinMarketCap shows daily trading volume was up 32% to over $795 million, indicating likely downward intensity.

Pepe Price Chart
Pepe price chart by CoinMarketCap

A pullback could trigger more losses, giving further impetus to bears.

Earlier in the year, PEPE registered a strong surge as upward momentum engulfed memecoins.

Speculative inflows and broader memecoin enthusiasm catalysed these movements.

However, as with most other tokens in the sector, profit realisation after rallies has allowed for a fresh correction.

Pepe’s price reached highs of $0.0000070 on January 14, 2025, but could now revisit lows of $0.0000055.

Dogecoin and Shiba Inu shed gains

The broader sell-off in memecoins pushed the category’s total market capitalisation down nearly 4% to $44.9 billion, while daily trading volume fell 19% to about $5.7 billion.

Dogecoin (DOGE) saw mild profit-taking, with the token down about 5% at $0.14.

Its market capitalisation stood at $23.9 billion, keeping it the largest memecoin by value, though prices have now given up gains logged when Bitcoin climbed to highs near $97,000 on Wednesday.

Elsewhere, Shiba Inu (SHIB), the Ethereum-based token that had earlier rallied alongside the broader market, was trading around $0.0000085, down roughly 4% over the past 24 hours.

Solana-based Bonk (BONK) was last near $0.0000105, down 7% on the day, while Official Trump (TRUMP) slipped about 5% to around $5.43.

Floki (FLOKI) was among the worst performers, sliding about 8% over the past 24 hours as its price fell to roughly $0.000051.

SPX6900 (SPX), a satirical, anti-establishment memecoin that surged earlier in its trading history, also remained under pressure, changing hands near $0.57, more than 10% lower on the day.

Pudgy Penguins, a memecoin linked to the popular NFT collection, was trading around $0.012, down about 7% in the past 24 hours.

Fartcoin recorded sharper losses, falling roughly 13% as it pared gains to around $0.37.

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BNB Chain completes 34th quarterly burn of 1.37 million BNB

  • BNB Chain has completed a 1.37 million BNB token burn.
  • The 34th quarterly burn sees total supply diminish to 136.36 million.
  • BNB price hovered above $900 as the bulls look to target $1,000 next.

BNB Foundation announced on January 15, 2026, that BNB Chain has completed its first burn of the year, and the 34th quarterly burn overall.

The announcement came as BNB price hovered above $900 with fresh gains pushing the token up by nearly 8% over the past week.

BNB traded around $944 at the time of writing, just in the green on the day, as bulls targeted an upward continuation amid the latest BNB token burn.

A rally to $1,000 will strengthen a bullish outlook.

BNB Chain burns 1.37 million BNB

The successful completion of the 34th quarterly BNB token burn by BNB Chain marks the first burn of 2026, according to details BNB Foundation shared.

Burns of the token, currently the fifth largest cryptocurrency by market cap, continue the project’s longstanding deflationary strategy.

BNB Chain managed to permanently remove a total of 1,371,803.77 BNB from circulation.

The more than 1.37 million tokens account for BNB in two components: 1,371,703.67 BNB from the actual burn and 100.1 BNB in a pioneer burn. At the time of the burn, the destroyed tokens were worth about $1.27 billion.

Binance’s token burn utilises an Auto-Burn mechanism, which automatically calculates the amount based on BNB’s prevailing price and the number of blocks generated on BNB Smart Chain during the quarter.

“The BNB Auto-Burn provides an independently auditable, objective process. The figures are reported quarterly, and the mechanism is independent of the Binance centralized exchange,” the foundation wrote in a blog post.

Following the BNB Chain Fusion, quarterly burns now occur directly on BSC, with tokens sent to an irreversible “black hole” address.

BNB total supply falls to 136.36 million

BNB burns aim to gradually decrease the token’s total supply to 100 million BNB, with the latest cut leaving the total supply at roughly 136.36 million BNB.

In the market, a reduction to a token’s circulating supply often means enhanced scarcity and support for long-term value growth.

With BNB, regular burns towards 100 million tokens come amid rising network activity.

BNB Chain has witnessed notable milestones with upgrades and web3 applications, particularly as real-world assets come on-chain.

The price of BNB rose sharply in 2025 amid this growth, reaching an all-time high above $1,300.

Overall market sell-off, which also saw Bitcoin correct from a peak of $126,000, cascaded to BNB and saw its price fall to under $800. Gains mean the main target in the short term is a retest of $1,000 and the ATH.

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LSEG launches Digital Settlement House to enable 24/7 blockchain-based settlement

  • London Stock Exchange has launched Digital Settlement House.
  • DiSH is a platform for post-trade settlement with 24/7 tokenized commercial bank deposits.
  • LSE has welcomed multiple crypto ETPs, the latest a Bitcoin and Gold ETP by 21Shares.

London Stock Exchange Group has announced the launch of its digital settlement hub, a blockchain platform designed to offer 24/7 settlement for tokenized commercial bank deposits.

The LSEG officially unveiled the Digital Settlement House (LSEG DiSH) platform via a press release on Thursday, January 15, 2026.

DiSH is a blockchain-enabled platform that will offer instantaneous and around-the-clock settlements for both on-chain and off-chain payment networks.

Big move for LSEG

According to LSEG, the innovative service bridges traditional finance and digital asset ecosystems, with real-time Payment-versus-Payment (PvP) and Delivery-versus-Payment (DvP) transactions.

DiSH will support multiple currencies and jurisdictions, with these capabilities available on open-access under the London Stock Exchange Group’s Post Trade Solutions division.

“LSEG DiSH expands the tokenised cash and cash-like solutions available to the market, and for the first time, offers a real cash solution tokenised on the blockchain utilising cash in multiple currencies held at commercial banks,” said Daniel Maguire, group head of LSEG Markets and chief executive officer of LCH Group.

Maguire added that the service brings benefits such as reduced settlement risk and integration of existing cash, securities and digital assets into the current market infrastructure.

Institutional adoption of blockchain solutions

Global financial markets continue to see institutions eyeing blockchain solutions for efficient, resilient, and interoperable post-trade processes.

The introduction of LSEG DiSH adds to this momentum, with this set to address challenges such as delayed settlements, fragmented liquidity, and limited operating hours.

LSEG wants to be at the forefront of the evolving tokenized economy, with broader adoption of digital assets ramping up amid regulatory milestones.

DiSH Cash offers additional features, including dynamic intraday borrowing and lending tools.

Users can also tap into optimized liquidity management, synchronized settlement processes, reduced timelines, and enhanced collateral availability.

LSEG’s launch of the platform builds on a successful Proof of Concept (PoC) conducted in collaboration with Digital Asset and a consortium of leading financial institutions.

The PoC was executed on the Canton Network.

Earlier moves, including the announcement of a blockchain trading platform in 2023.

In September 2025, LSEG unveiled Digital Markets Infrastructure, a platform for private funds powered by Microsoft Azure.

DMI delivers a blockchain-powered solution that taps into the benefits of scalability and efficiency to bolster asset issuance, tokenisation and distribution.

This also includes post-trade asset settlement and servicing, with usage and support cutting across multiple asset classes.

Post Trade Solutions recently received strategic investment from 11 major global banks as integration of traditional and digital finance gains traction.

Crypto ETPs launch on LSE

Recently, the London Stock Exchange listed the 21shares Bitcoin Gold ETP (BOLD), a new crypto exchange-traded product that adds to the rising number of crypto ETPs on stock exchanges.

Other firms, including Bitwise, have also expanded access to digital asset investment products via LSE listings.

Regulatory approval from the UK’s Financial Conduct Authority is among the key developments boosting adoption.

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