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Trump’s Memecoin Surges After Dinner Invitation Promo
Donald Trump's memecoin, $TRUMP , saw a massive price jump—over 50% in one day—after a bold promotion was announced.
The top 220 holders of the coin will be invited to a private dinner with Trump himself. This announcement sparked a trading frenzy, as buyers rushed to accumulate tokens to secure a spot at the event.
The coin, already tied to Trump’s rising political influence and media presence, gained further attention from both supporters and crypto traders. The move shows how political influence and crypto hype are increasingly mixing in today’s market.
Ethereum ($ETH ) is regaining strength in the crypto market, currently trading around $1,756, with an 11% surge in the past 24 hours. After bouncing off key support levels, analysts believe Ethereum could soon retest the critical $2,000 resistance mark.
This recent price momentum is driven by several factors:
Renewed interest in decentralized finance (DeFi) projects.
Anticipation of Ethereum network upgrades focused on scalability and gas fee reduction.
General bullish sentiment across the crypto market.
If ETH maintains upward pressure and breaks above $2,000, it could signal the beginning of a larger rally. However, caution is advised as the market remains sensitive to global financial news and potential regulation.
BNB is gaining attention as it prepares for the Lorentz opBNB hardfork, aimed at making the network faster and more scalable. This upgrade could bring more users and developers to Binance’s ecosystem.
Analysts say if BNB moves above $611, it might rise to $647. The news has brought a positive vibe around BNB, even as the market stays shaky.
With stronger tech and rising interest, BNB looks set for a bullish move this month.
TRON ($TRX ) is gaining attention in April 2025 with major developments. It now boasts over 298 million user accounts and has processed 10 billion+ transactions. TRON also topped blockchain revenue charts, earning $11.2 million, ahead of Ethereum($ETH ) and Solana ($SOL ).
The token is trading around $0.243, up nearly 3% in the past month. A U.S.-based ETF for TRON with staking features was recently filed, a first of its kind. Founder Justin Sun also teased a new project, boosting TRX price and trading volume.
TRON is clearly positioning itself as a leading force in the crypto space this month.
Crypto investors are eyeing 2025 as a potential breakout year for altcoins. This expectation is tied to Bitcoin's four-year halving cycle, which historically triggers a strong bull run. After Bitcoin surges, the profits often shift into altcoins, sparking a broader market rally. Experts believe that if Bitcoin leads the charge, altcoins like Ethereum ($ETH ), Solana ($SOL ), and Cardano ($ADA )could follow with massive gains. With growing institutional interest and new blockchain innovations,
Litecoin has seen notable price fluctuations recently. Over the past month, LTC dropped by more than 31%, signaling short-term bearish pressure.
However, its six-month performance tells a different story, with a recovery of nearly 35%. This bounceback highlights renewed investor interest and potential for growth if market sentiment improves. While LTC may not be leading the altcoin rally like Solana($SOL ) or $XRP , its historical strength and growing adoption keep it relevant in the current market.
Analysts are watching closely to see if Litecoin can stabilize and join the broader altcoin uptrend.
Cardano (ADA) is showing resilience in a mixed crypto market. Over the last six months, ADA has surged by more than 97%, reflecting growing investor confidence and project development.
In the past month, it gained 2.73%, although it saw a 7.64% dip this week, likely due to overall market corrections. Still, ADA's consistent progress in blockchain upgrades and smart contract deployment keeps it a favorite among altcoin investors.
If bullish momentum continues, ADA could test higher resistance levels soon.
The Trump meme coin ($TRUMP ) is under pressure as 40 million tokens, worth over $300 million, are set to unlock starting April 17. These tokens are tied to Trump Organization affiliates and will be released gradually over two years. Analysts warn that this could cause a major sell-off, potentially pushing the price down to $6 or even $3 in the coming weeks.
The coin, which once peaked at $73 after launching in January 2025, now trades around $8. Without strong utility or backing, investor confidence is fading, adding to concerns about its future.
Altcoin Market Enters Final Phase of Decline, Analyst Says
Crypto analyst Benjamin Cowen believes the altcoin market is nearing the end of its downturn.
According to Cowen, historical trends suggest that altcoins typically experience deep corrections before a significant recovery.
He predicts the bottom could be reached by early 2025, after which a new bull cycle might begin. This phase is often marked by investor capitulation and low confidence, but Cowen views it as a potential opportunity for long-term investors to accumulate assets before the next rally.
Ripple has announced a major move by acquiring prime brokerage firm Hidden Road for $1.25 billion. This strategic deal aims to expand Ripple's footprint in the U.S.
financial market, especially under the current pro-crypto administration. Hidden Road processes over $3 trillion in transactions yearly, making it a significant asset.
With this acquisition, Ripple positions itself as the only crypto firm offering global multi-asset prime brokerage services, reinforcing its commitment to bridging traditional finance with the digital asset world.