Shiba Inu (CRYPTO: SHIB) has gained about 2% after becoming the first meme coin listed on Folks Finance, a cross-chain DeFi lending platform.
| Cryptocurrency | Ticker | Price | Market Cap | 7-Day Trend |
| Shiba Inu | (CRYPTO: SHIB) | $0.00001248 | $7.4 billion | -0.4% |
| Dogecoin | (CRYPTO: DOGE) | $0.2176 | $32.8 billion | -1.5% |
| Pepe | (CRYPTO: PEPE) | $0.059829 | $4.1 billion | -2.7% |
Trader Notes: Crypto trader Nebraskangooner flagged that SHIB remains below its daily 99 SMMA, suggesting downside pressure.
He said a reclaim of that resistance is required before any extended rally can unfold.