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Pepe Price: Will PEPE Hit $1 in 2024?
Discover the latest on Pepe Coin (PEPE) price surge and its potential to hit $1 in 2024. Get insights on market performance.
Although these technical indicators are helpful, the chances of PEPE reaching $1 in 2024 depend on other factors such as market sentiment, adoption rates, and project advancements. Based on this analysis alone, it seems unlikely that the price will reach $1 considering the current price levels and technical signals. Nonetheless, traders and investors need to stay alert for potential price changes and keep an eye on important support and resistance levels for trading chances.
2. Experts and Analysts View
According to some analysts, it is extremely unlikely for PEPE to reach a value of $1. They claim that having a circulating supply of 420.67 trillion would lead to a market capitalization exceeding $420 trillion if such a price is achieved, thereby outperforming the total gross domestic product of the world, which was $100.88 trillion in 2022.
At the moment, PEPE is valued at $0.000008933 in the market. Despite the many zeros in this figure, the price of the coin has incredibly soared by over 15000%. Because of this growth, some investors are speculating about the possibility of the coin reaching $1 in the future.
However, it is important to acknowledge the fact that the increase to $0.000008271 and a market cap of $3.49 billion is significantly different from rising to $1 and holding a market cap of $420 trillion. The level of capital needed to fuel such massive growth is unimaginable and essentially impractical.
The highest price analysts forecast the PEPE price to reach is $0.01, not even 1 cent.
Buying Pepe
If you’re looking to buy Pepe, check out our Pepe buying guide. However, if you’re looking for a simple list, here are the best exchanges where you can buy Pepe:
OKX: Low trading fees
Stormgain: Comes with free signals
Binance: Access advanced trading tools and liquidity
Conclusion
Although the swift growth of Pepe Coin (PEPE) has attracted both investors and fans, the chance of it reaching $1 in 2024 seems highly unlikely. The technical analysis indicates a situation where the price stays under this level. Market sentiment, adoption rates, and project developments will be crucial in shaping PEPE’s future direction.
Furthermore, the large amount of capital needed to reach a $1 valuation, given the current supply in circulation, makes this result very unlikely. While some investors remain optimistic, analysts predict a more realistic target for PEPE at approximately $0.01. Hence, although the outlook for PEPE is unclear, it is crucial for traders and investors to handle it with caution, taking into account its possible opportunities and the difficulties it encounters in achieving high valuations.
#pepe⚡ #BTC☀ #BnbAth #BinanceSquareFamily #BinanceAppHomepage
Although these technical indicators are helpful, the chances of PEPE reaching $1 in 2024 depend on other factors such as market sentiment, adoption rates, and project advancements. Based on this analysis alone, it seems unlikely that the price will reach $1 considering the current price levels and technical signals. Nonetheless, traders and investors need to stay alert for potential price changes and keep an eye on important support and resistance levels for trading chances.
2. Experts and Analysts View
According to some analysts, it is extremely unlikely for PEPE to reach a value of $1. They claim that having a circulating supply of 420.67 trillion would lead to a market capitalization exceeding $420 trillion if such a price is achieved, thereby outperforming the total gross domestic product of the world, which was $100.88 trillion in 2022.
At the moment, PEPE is valued at $0.000008933 in the market. Despite the many zeros in this figure, the price of the coin has incredibly soared by over 15000%. Because of this growth, some investors are speculating about the possibility of the coin reaching $1 in the future.
However, it is important to acknowledge the fact that the increase to $0.000008271 and a market cap of $3.49 billion is significantly different from rising to $1 and holding a market cap of $420 trillion. The level of capital needed to fuel such massive growth is unimaginable and essentially impractical.
The highest price analysts forecast the PEPE price to reach is $0.01, not even 1 cent.
Buying Pepe
If you’re looking to buy Pepe, check out our Pepe buying guide. However, if you’re looking for a simple list, here are the best exchanges where you can buy Pepe:
OKX: Low trading fees
Stormgain: Comes with free signals
Binance: Access advanced trading tools and liquidity
Conclusion
Although the swift growth of Pepe Coin (PEPE) has attracted both investors and fans, the chance of it reaching $1 in 2024 seems highly unlikely. The technical analysis indicates a situation where the price stays under this level. Market sentiment, adoption rates, and project developments will be crucial in shaping PEPE’s future direction.
Furthermore, the large amount of capital needed to reach a $1 valuation, given the current supply in circulation, makes this result very unlikely. While some investors remain optimistic, analysts predict a more realistic target for PEPE at approximately $0.01. Hence, although the outlook for PEPE is unclear, it is crucial for traders and investors to handle it with caution, taking into account its possible opportunities and the difficulties it encounters in achieving high valuations.
#pepe⚡ #BTC☀ #BnbAth #BinanceSquareFamily #BinanceAppHomepage
TRUMP COIN PRICE idea future
⚠️ Warning Memcoins are typically driven by market hype and trends, and their true value is difficult to assess. The future value of TRUMP Coin will depend on its marketing, political influence, and crypto policy.
Currently, the price of Trump memecoin (TRUMP) is $14.70, with a market cap of $2.9 billion. It reached a peak of $75.35 in January 2025, but later the price dropped to $7. Now, it has increased slightly again.
📈 Future Price Predictions Trusted analysts have made various predictions about the future price of TRUMP Coin: 2025: $11.15 to $78.63, an average of $45 (up to 260% increase) StealthEX 2026: $27 to $115, an average of $76 (up to 510% increase) StealthEX +1 icobench.com +1 2030: $23 to $309, an average of $160 (up to 1,180% increase) StealthEX 2040: $13 to $682, an average of $350 (up to 2,700% increase) StealthEX
On the other hand, according to CoinMarketCap's forecast, the price of TRUMP coin could range between $35 and $100 in 2025, and reach between $109 and $378 in 2030. CoinMarketCap +2 CoinMarketCap +2 StealthEX +2
⚠️ Warning Memcoins are typically driven by market hype and trends, and their true value is difficult to assess. The future value of TRUMP Coin will depend on its marketing, political influence, and crypto policy.
Currently, the price of Trump memecoin (TRUMP) is $14.70, with a market cap of $2.9 billion. It reached a peak of $75.35 in January 2025, but later the price dropped to $7. Now, it has increased slightly again.
📈 Future Price Predictions Trusted analysts have made various predictions about the future price of TRUMP Coin: 2025: $11.15 to $78.63, an average of $45 (up to 260% increase) StealthEX 2026: $27 to $115, an average of $76 (up to 510% increase) StealthEX +1 icobench.com +1 2030: $23 to $309, an average of $160 (up to 1,180% increase) StealthEX 2040: $13 to $682, an average of $350 (up to 2,700% increase) StealthEX
On the other hand, according to CoinMarketCap's forecast, the price of TRUMP coin could range between $35 and $100 in 2025, and reach between $109 and $378 in 2030. CoinMarketCap +2 CoinMarketCap +2 StealthEX +2
⚠️ Warning Memcoins are typically driven by market hype and trends, and their true value is difficult to assess. The future value of TRUMP Coin will depend on its marketing, political influence, and crypto policy.
is Ethereum staking enough to counter ETH’s struggles against Bitcoin?
Ethereum navigates a pivotal moment as its ETH/BTC pair struggles at key resistance.
Ethereum continued to trade in the $3,000 price zone.
However, the ETH/BTC pair broke support for the first time since 2016.
Ethereum’s [ETH] ongoing struggle against Bitcoin [BTC] continues to dominate market discussions, as its ETH/BTC pair remains in a precarious position.
Recent data revealed that Ethereum’s native token, ETH, was hovering around critical support levels against Bitcoin, while staking trends showed continuous inflow.
Here’s what the charts tell us about Ethereum’s trajectory and market health
Ethereum testing key resistance
Ethereum’s ETH/BTC pair has experienced a modest recovery from its recent dip, trading at 0.03469 BTC at the time of writing.
This followed a significant decline that saw ETH breach the 50-day and 200-day moving averages earlier this year, solidifying a bearish crossover.
The recent uptick, however, has brought it back above 0.034, but the 200-day MA, at 0.0459 BTC at press time, loomed as a formidable resistance level.
Indicators such as the MACD showed a bearish trend, with the signal line still below zero, while the Stochastic RSI pointed to oversold conditions, hinting at potential relief rallies.
The OBV (On-Balance Volume) suggested muted momentum, further reinforcing the notion that ETH has been facing significant challenges in reclaiming dominance against Bitcoin.
ETH/USD trend: Bullish momentum
In contrast to its struggles against Bitcoin, ETH/USD painted a more optimistic picture. Ethereum was trading at $3,147 at press time, having reclaimed the 200-day moving average at $2,955.
The recent bullish crossover between the 50-day and 200-day MAs signaled a potential shift in momentum, with key resistance levels around $3,200 being closely watched.
The RSI hovered near 71, indicating slightly overbought conditions, while the MACD remained in bullish territory, suggesting room for further upside.
Ethereum’s ability to hold above $3,000 will be crucial in maintaining its upward trajectory in the coming weeks.
Ethereum price trend
Source: TradingView
Ethereum’s TVL remains bright
On the staking front, Ethereum’s fundamentals remained robust. The total value staked in Ethereum’s network has hit an all-time high of 34.8 million ETH, underscoring strong confidence among holders.
This metric, paired with Ethereum’s press time price of $3,100, highlighted a steady increase in staking participation despite the lackluster performance against Bitcoin.
Ethereum staking
Source: CryptoQuant
The chart from CryptoQuant revealed that staked ETH has grown consistently over the past year, even as Ethereum’s price endured volatility.
This resilience could signal a longer-term bullish sentiment for the network, even if the ETH/BTC pair falters in the short term.
What’s next for Ethereum?
The broader market sentiment around Ethereum is mixed. While the growing total value staked paints a picture of investor confidence, the ETH/BTC pair’s inability to sustain key levels raises concerns.
ETH’s path forward depends heavily on its ability to regain strength against Bitcoin, particularly as Bitcoin’s dominance continues to rise.
For Ethereum to regain footing, a break above the 0.045 BTC resistance is essential. Meanwhile, the 0.033 BTC support remains critical to watch in the event of further declines.
Read Ethereum’s [ETH] Price Prediction 2024-25
Ethereum’s immediate outlook remains clouded by its struggles against Bitcoin, but its staking metrics and broader network fundamentals remain solid.
As the market eyes a potential reversal in the ETH/BTC pair, Ethereum’s strong staking participation and bullish USD performance could serve as lifelines, ensuring long-term viability even amid short-term volatility.
Take a Survey: Chance to Win $500 USDT
Next: Why Solana’s ATH depends on Bitcoin’s breakout to $93K
#etherreum #BTC☀ #pepe
Ethereum continued to trade in the $3,000 price zone.
However, the ETH/BTC pair broke support for the first time since 2016.
Ethereum’s [ETH] ongoing struggle against Bitcoin [BTC] continues to dominate market discussions, as its ETH/BTC pair remains in a precarious position.
Recent data revealed that Ethereum’s native token, ETH, was hovering around critical support levels against Bitcoin, while staking trends showed continuous inflow.
Here’s what the charts tell us about Ethereum’s trajectory and market health
Ethereum testing key resistance
Ethereum’s ETH/BTC pair has experienced a modest recovery from its recent dip, trading at 0.03469 BTC at the time of writing.
This followed a significant decline that saw ETH breach the 50-day and 200-day moving averages earlier this year, solidifying a bearish crossover.
The recent uptick, however, has brought it back above 0.034, but the 200-day MA, at 0.0459 BTC at press time, loomed as a formidable resistance level.
Indicators such as the MACD showed a bearish trend, with the signal line still below zero, while the Stochastic RSI pointed to oversold conditions, hinting at potential relief rallies.
The OBV (On-Balance Volume) suggested muted momentum, further reinforcing the notion that ETH has been facing significant challenges in reclaiming dominance against Bitcoin.
ETH/USD trend: Bullish momentum
In contrast to its struggles against Bitcoin, ETH/USD painted a more optimistic picture. Ethereum was trading at $3,147 at press time, having reclaimed the 200-day moving average at $2,955.
The recent bullish crossover between the 50-day and 200-day MAs signaled a potential shift in momentum, with key resistance levels around $3,200 being closely watched.
The RSI hovered near 71, indicating slightly overbought conditions, while the MACD remained in bullish territory, suggesting room for further upside.
Ethereum’s ability to hold above $3,000 will be crucial in maintaining its upward trajectory in the coming weeks.
Ethereum price trend
Source: TradingView
Ethereum’s TVL remains bright
On the staking front, Ethereum’s fundamentals remained robust. The total value staked in Ethereum’s network has hit an all-time high of 34.8 million ETH, underscoring strong confidence among holders.
This metric, paired with Ethereum’s press time price of $3,100, highlighted a steady increase in staking participation despite the lackluster performance against Bitcoin.
Ethereum staking
Source: CryptoQuant
The chart from CryptoQuant revealed that staked ETH has grown consistently over the past year, even as Ethereum’s price endured volatility.
This resilience could signal a longer-term bullish sentiment for the network, even if the ETH/BTC pair falters in the short term.
What’s next for Ethereum?
The broader market sentiment around Ethereum is mixed. While the growing total value staked paints a picture of investor confidence, the ETH/BTC pair’s inability to sustain key levels raises concerns.
ETH’s path forward depends heavily on its ability to regain strength against Bitcoin, particularly as Bitcoin’s dominance continues to rise.
For Ethereum to regain footing, a break above the 0.045 BTC resistance is essential. Meanwhile, the 0.033 BTC support remains critical to watch in the event of further declines.
Read Ethereum’s [ETH] Price Prediction 2024-25
Ethereum’s immediate outlook remains clouded by its struggles against Bitcoin, but its staking metrics and broader network fundamentals remain solid.
As the market eyes a potential reversal in the ETH/BTC pair, Ethereum’s strong staking participation and bullish USD performance could serve as lifelines, ensuring long-term viability even amid short-term volatility.
Take a Survey: Chance to Win $500 USDT
Next: Why Solana’s ATH depends on Bitcoin’s breakout to $93K
#etherreum #BTC☀ #pepe
Can Bitcoin Really Reach $100,000 After This Record?
Bitcoin recently surpassed the $90,000 mark, prompting long-term holders to take profits. This trend, noted by analysts, could stabilize the market while paving the way for new increases, supported by ongoing demand and the absorption of sales by Bitcoin ETFs.
Analysis of MVRV and Bitcoin Danger Zones
A few days ago, Bitcoin reached $90,000, establishing a new significant record for the crypto. According to recent analysis, we have reached an initial safe zone for long-term holders. Additionally, the MVRV (Market Value to Realized Value) indicator, which is used to evaluate whether an asset is overvalued or undervalued, shows that the profits realized by long-term BTC holders are not yet at extreme levels, suggesting that selling pressure is not at its maximum yet.Thus, taking profits by long-term holders at $90,000 is not seen as a threat to the market. In fact, it could even help stabilize the market by preventing massive and sudden sales. Furthermore, Bitcoin ETFs play a crucial role in absorbing selling pressure, which helps maintain price stability.
Future Perspectives
Analysts remain optimistic about Bitcoin’s future. Some foresee that BTC could reach $100,000 by the end of the year, supported by ongoing demand and growing adoption. However, it is essential to monitor indicators like MVRV to assess potential risks and opportunities in the market.
In summary, taking profits by long-term holders at $90,000 could stabilize the Bitcoin market. With the absorption of sales by ETFs and ongoing demand, BTC is well-positioned for future increases while maintaining a balance in the market.
Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
Le monde évolue et l'adaptation est la meilleure arme pour survivre dans cet univers ondoyant. Community manager crypto à la base, je m'intéresse à tout ce qui touche de près ou de loin à la blockchain et ses dérivés. Dans l'optique de partager mon expérience et de faire connaître un domaine qui me passionne, rien de mieux que de rédiger des articles informatifs décontractés à la fois.
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
#BTC☀ #BitcoinPizzaDay2024 #bnb #BinanceSquareFamily
Analysis of MVRV and Bitcoin Danger Zones
A few days ago, Bitcoin reached $90,000, establishing a new significant record for the crypto. According to recent analysis, we have reached an initial safe zone for long-term holders. Additionally, the MVRV (Market Value to Realized Value) indicator, which is used to evaluate whether an asset is overvalued or undervalued, shows that the profits realized by long-term BTC holders are not yet at extreme levels, suggesting that selling pressure is not at its maximum yet.Thus, taking profits by long-term holders at $90,000 is not seen as a threat to the market. In fact, it could even help stabilize the market by preventing massive and sudden sales. Furthermore, Bitcoin ETFs play a crucial role in absorbing selling pressure, which helps maintain price stability.
Future Perspectives
Analysts remain optimistic about Bitcoin’s future. Some foresee that BTC could reach $100,000 by the end of the year, supported by ongoing demand and growing adoption. However, it is essential to monitor indicators like MVRV to assess potential risks and opportunities in the market.
In summary, taking profits by long-term holders at $90,000 could stabilize the Bitcoin market. With the absorption of sales by ETFs and ongoing demand, BTC is well-positioned for future increases while maintaining a balance in the market.
Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
Le monde évolue et l'adaptation est la meilleure arme pour survivre dans cet univers ondoyant. Community manager crypto à la base, je m'intéresse à tout ce qui touche de près ou de loin à la blockchain et ses dérivés. Dans l'optique de partager mon expérience et de faire connaître un domaine qui me passionne, rien de mieux que de rédiger des articles informatifs décontractés à la fois.
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
#BTC☀ #BitcoinPizzaDay2024 #bnb #BinanceSquareFamily
BlockDAG Presale Nears $123M as Mainnet Wraps Up, BNB Rallies, and SUI Targets New Highs
expanding use cases. Analysts predict SUI could reach $5 soon, solidifying its position as a top-performing blockchain asset.
BlockDAG Rises Above Rivals in the Current Bull Market
This crypto bull run is firing on all cylinders, with BNB closing in on its all-time high and SUI eyeing $5 after explosive growth in TVL and high-profile partnerships. However, the real showstopper is BlockDAG! This rising star has been smashing records and setting new standards in the blockchain world.
BlockDAG’s presale has hit an astounding $122.5 million, with over 15.3 billion coins sold, proving it’s not just riding the wave but creating it. Currently, in batch 26 at a steal of $0.0234 per coin, the project boasts a jaw-dropping 2240% ROI since batch 1.
The best part is that BlockDAG isn’t slowing down! Its Mainnet development is officially complete and undergoing rigorous auditing — a clear signal that the project is ready to dominate.
BlockDAG’s soon-expiring BULLRUN100 bonus code adds more fuel to the fire. This limited-time offer doubles coin purchases and grants holders early access to the project’s airdrop, giving savvy buyers a head start before BlockDAG makes its market debut.
While BNB and SUI are making noise, BlockDAG is rewriting the rules. Its innovative ecosystem, combined with unmatched rewards like the BULLRUN100 bonus, makes it the ultimate pick for crypto enthusiasts chasing the next big thing. The bull run is here, and BlockDAG is leading the charge. So, now’s the chance to ride this rocket to the top.
Key Takeaways: Next Crypto Bull Run
As the crypto bull run intensifies, BNB edges closer to breaking its all-time high, and SUI’s rapid rise highlights its growing influence in the blockchain world.
BlockDAG is stealing the spotlight in this bull run with its record-breaking presale, innovative ecosystem, and unmatched rewards—the BULLRUN100 bonus and Mainnet development completion position BlockDAG as a true game-changer in the market.
While other cryptos make headlines, BlockDAG offers traders a chance to join a project primed for exponential growth. In a market filled with opportunities, BlockDAG stands out as a leader—ready to shape the future of blockchain.
BlockDAG Rises Above Rivals in the Current Bull Market
This crypto bull run is firing on all cylinders, with BNB closing in on its all-time high and SUI eyeing $5 after explosive growth in TVL and high-profile partnerships. However, the real showstopper is BlockDAG! This rising star has been smashing records and setting new standards in the blockchain world.
BlockDAG’s presale has hit an astounding $122.5 million, with over 15.3 billion coins sold, proving it’s not just riding the wave but creating it. Currently, in batch 26 at a steal of $0.0234 per coin, the project boasts a jaw-dropping 2240% ROI since batch 1.
The best part is that BlockDAG isn’t slowing down! Its Mainnet development is officially complete and undergoing rigorous auditing — a clear signal that the project is ready to dominate.
BlockDAG’s soon-expiring BULLRUN100 bonus code adds more fuel to the fire. This limited-time offer doubles coin purchases and grants holders early access to the project’s airdrop, giving savvy buyers a head start before BlockDAG makes its market debut.
While BNB and SUI are making noise, BlockDAG is rewriting the rules. Its innovative ecosystem, combined with unmatched rewards like the BULLRUN100 bonus, makes it the ultimate pick for crypto enthusiasts chasing the next big thing. The bull run is here, and BlockDAG is leading the charge. So, now’s the chance to ride this rocket to the top.
Key Takeaways: Next Crypto Bull Run
As the crypto bull run intensifies, BNB edges closer to breaking its all-time high, and SUI’s rapid rise highlights its growing influence in the blockchain world.
BlockDAG is stealing the spotlight in this bull run with its record-breaking presale, innovative ecosystem, and unmatched rewards—the BULLRUN100 bonus and Mainnet development completion position BlockDAG as a true game-changer in the market.
While other cryptos make headlines, BlockDAG offers traders a chance to join a project primed for exponential growth. In a market filled with opportunities, BlockDAG stands out as a leader—ready to shape the future of blockchain.
Will SynFutures’ New Perp Launchpad Redefine DeFi Derivatives Markets?
SynFutures launches Perp Launchpad on Base with a $1M grant, expanding perpetual futures access and liquidity for emerging DeFi projects
To Derivatives Markets on Base
The initial rollout of SynFutures’ Perp Launchpad is set on Base, an Ethereum Layer 2 network known for its low transaction costs and scalability. Consequently, SynFutures will enhance access to derivatives markets for new tokens in a growing DeFi ecosystem. This launch offers projects the capability to establish trading pairs directly on Base, where trading demand for various DeFi tokens continues to grow.
As a part of its ongoing development, the decentralized derivatives protocol has forged partnerships with projects like Lido and Solv Protocol, contributing to over $23 billion in cumulative trading volume on Base. This integration facilitates liquidity and diverse trading options within derivatives markets for its user base.
Additionally, the Perp Launchpad will open the door for a wider range of assets, including long-tail tokens and popular memecoins. More so, the decentralized derivatives protocol enables emerging projects to access additional trading opportunities and liquidity channels. The launchpad is particularly attractive to tokens that may not have established liquidity in traditional markets.
In addition, SynFutures has included incentives such as trading competitions, designed to attract users to its on-chain derivatives markets.
Since the expansion of its V3 protocol, SynFutures has supported initiatives like the DAO Perps Program and the Meme Perp Summer to enhance its DeFi footprint.
#DefiMonеy #btc #XRPPriceAction
To Derivatives Markets on Base
The initial rollout of SynFutures’ Perp Launchpad is set on Base, an Ethereum Layer 2 network known for its low transaction costs and scalability. Consequently, SynFutures will enhance access to derivatives markets for new tokens in a growing DeFi ecosystem. This launch offers projects the capability to establish trading pairs directly on Base, where trading demand for various DeFi tokens continues to grow.
As a part of its ongoing development, the decentralized derivatives protocol has forged partnerships with projects like Lido and Solv Protocol, contributing to over $23 billion in cumulative trading volume on Base. This integration facilitates liquidity and diverse trading options within derivatives markets for its user base.
Additionally, the Perp Launchpad will open the door for a wider range of assets, including long-tail tokens and popular memecoins. More so, the decentralized derivatives protocol enables emerging projects to access additional trading opportunities and liquidity channels. The launchpad is particularly attractive to tokens that may not have established liquidity in traditional markets.
In addition, SynFutures has included incentives such as trading competitions, designed to attract users to its on-chain derivatives markets.
Since the expansion of its V3 protocol, SynFutures has supported initiatives like the DAO Perps Program and the Meme Perp Summer to enhance its DeFi footprint.
#DefiMonеy #btc #XRPPriceAction
Crypto Highlights This Week: BTC, XRP, & Dogecoin Steal Spotlight
Here'a a brief collection of some of the leading crypto market updates reported by CoinGape Media over the past week
Highlights
BTC its new ATH despite macroeconomic factors bringing turbulence to the crypto.
XRP witnesses unprecedented gains over the week.
Elon Musk's D.O.GE. saga brings market optimism to Dogecoin.
The global crypto realm has closed another week, with remarkable advancements witnessed across the broader sector. Bitcoin (BTC) price pumped to attain a new ATH, whereas the broader market mirrored optimism. Simultaneously, Ripple’s XRP achieved unprecedented levels, sparking market discussions. Moreover, Dogecoin echoed optimism across the broader market amid D.O.G.E-related developments.
Here’s a brief report on some of the top crypto market headlines reported by CoinGape Media in the past seven days
Bitcoin Hits New ATH Amid Crypto Bull Market
Notably, this week saw BTC price attain a new height of $93,434.36, sparking a tidal wave of optimism among market investors. The coin soared in tandem with increased institutional interest post-U.S. elections, as seen with Bitwise hitting $10 billion in client assets under management.
Further, amid the flagship crypto’s bullish movement, top trader Peter Brandt and investment firm Bernstein predicted BTC price rally to $200K. However, it’s also noteworthy that BTC witnessed slight turbulence this week, attributable to macroeconomic events.
The US CPI inflation rose to 2.6%, raising investor concerns over future movements. Nevertheless, the market closes this week in a bullish state.
XRP Gains Momentum
Simultaneously, XRP price extended weekly gains to 93%, solidifying investor optimism on the asset. Ripple CEO Brad Garlinghouse took the stage to reveal key reasons behind the coin’s strong rally this week, pointing out the post-election environment as a pro-cryptocurrency era.
Also, with speculations of SEC Chair Gary Gansler’s resignation on the rise, market sentiments for Ripple’s coin remain optimistic. Meanwhile, the XRP documentary premiered this week, garnering additional market attention toward the crypto.
Dogecoin Gains Traction Amid D.O.G.E. Saga
Simultaneously, DOGE price extended weekly gains to 54% over the past seven days, primarily attributable to Elon Musk’s D.O.G.E’s saga post-U.S. elections. The American entrepreneur was appointed as the Department of Government Efficiency head alongside V. Ramaswamy under Trump’s cabinet, bringing significant attention to Dogecoin.
On the other hand, with the Dogecoin lawsuit against Elon Musk withdrawn, market sentiments orbiting the meme token remain bullish. Simultaneously, CoinGape Media reported DOGE whale accumulations to have burgeoned substantially this week. Also, the leading DOGE wallet, MyDoge, announced the launch of DogeOS shortly afterward.
#BTC☀ #Binance240MUsers #ETH🔥🔥🔥🔥
Highlights
BTC its new ATH despite macroeconomic factors bringing turbulence to the crypto.
XRP witnesses unprecedented gains over the week.
Elon Musk's D.O.GE. saga brings market optimism to Dogecoin.
The global crypto realm has closed another week, with remarkable advancements witnessed across the broader sector. Bitcoin (BTC) price pumped to attain a new ATH, whereas the broader market mirrored optimism. Simultaneously, Ripple’s XRP achieved unprecedented levels, sparking market discussions. Moreover, Dogecoin echoed optimism across the broader market amid D.O.G.E-related developments.
Here’s a brief report on some of the top crypto market headlines reported by CoinGape Media in the past seven days
Bitcoin Hits New ATH Amid Crypto Bull Market
Notably, this week saw BTC price attain a new height of $93,434.36, sparking a tidal wave of optimism among market investors. The coin soared in tandem with increased institutional interest post-U.S. elections, as seen with Bitwise hitting $10 billion in client assets under management.
Further, amid the flagship crypto’s bullish movement, top trader Peter Brandt and investment firm Bernstein predicted BTC price rally to $200K. However, it’s also noteworthy that BTC witnessed slight turbulence this week, attributable to macroeconomic events.
The US CPI inflation rose to 2.6%, raising investor concerns over future movements. Nevertheless, the market closes this week in a bullish state.
XRP Gains Momentum
Simultaneously, XRP price extended weekly gains to 93%, solidifying investor optimism on the asset. Ripple CEO Brad Garlinghouse took the stage to reveal key reasons behind the coin’s strong rally this week, pointing out the post-election environment as a pro-cryptocurrency era.
Also, with speculations of SEC Chair Gary Gansler’s resignation on the rise, market sentiments for Ripple’s coin remain optimistic. Meanwhile, the XRP documentary premiered this week, garnering additional market attention toward the crypto.
Dogecoin Gains Traction Amid D.O.G.E. Saga
Simultaneously, DOGE price extended weekly gains to 54% over the past seven days, primarily attributable to Elon Musk’s D.O.G.E’s saga post-U.S. elections. The American entrepreneur was appointed as the Department of Government Efficiency head alongside V. Ramaswamy under Trump’s cabinet, bringing significant attention to Dogecoin.
On the other hand, with the Dogecoin lawsuit against Elon Musk withdrawn, market sentiments orbiting the meme token remain bullish. Simultaneously, CoinGape Media reported DOGE whale accumulations to have burgeoned substantially this week. Also, the leading DOGE wallet, MyDoge, announced the launch of DogeOS shortly afterward.
#BTC☀ #Binance240MUsers #ETH🔥🔥🔥🔥
🚨PEPE Investor Turns $26 into $60.3 Million, But Can't Cash Out: A Crypto Rollercoaster🚨
Halleyy
6h
In an incredible twist of fate, an early investor in the meme coin $PEPE turned a modest $26 investment into a jaw-dropping $60.3 million—only to face an impossible obstacle: they can’t withdraw their newfound fortune.
The Meteoric Rise of $PEPE
Launched in April 2023, $PEPE quickly took the crypto world by storm, thanks to its connection to the beloved internet meme, Pepe the Frog. Initially just another meme coin in a crowded market, $PEPE began to skyrocket as investors jumped on board, attracted by the viral appeal and the token’s growing popularity.
This was the perfect storm for early investors, with prices rapidly increasing, and some made massive profits. But while many reaped the rewards, one investor, in particular, stands out for an eye-popping success: they purchased over 2 trillion PEPE tokens for a mere $26 on April 14, 2023. By early 2024, the value of those tokens had surged to a staggering $60.3 million.
It’s the stuff of cryptocurrency dreams—until it turned into a nightmare.
The Blacklist Drama: PEPE’s Wallet Block
On-chain data has uncovered that this lucky investor’s wallet has been blacklisted by the developers of $PEPE, locking them out of their massive windfall. As it stands, they cannot sell or transfer their tokens, rendering their $60.3 million trapped in limbo.
But why would developers take such drastic action? Here are the leading theories behind this unexpected wallet ban:
1. Market Stability Concerns
Some speculate the wallet in question holds such a significant portion of the PEPE token’s total supply—around 0.6%—that if sold, it could cause massive fluctuations in the price. In the ultra-volatile world of meme coins, even a small sale of such a huge holding could trigger a market crash. To protect the overall stability of the token, the developers may have chosen to block the wallet from making any withdrawals.
2. Developer Protection
Others believe the move was an effort by the developers to safeguard the token's ecosystem from large-scale liquidation. If the investor were allowed to cash out, the sell-off could potentially flood the market, damaging the price and potentially hurting the reputation of $PEPE in the process.
PEPE’s Unstoppable Momentum
Despite the drama surrounding the blacklisted wallet, $PEPE has shown remarkable resilience. The meme coin continues to climb, defying expectations with its price surging to a new all-time high of $0.00002524 early Thursday morning. This milestone was fueled, in part, by $PEPE’s listing on Robinhood, which dramatically increased its exposure to mainstream investors.
As a result, $PEPE has firmly established itself as the third-largest meme coin in the market, just behind the likes of Dogecoin and Shiba Inu. The listing on Robinhood, coupled with a steady rise in its value, has cemented $PEPE’s status as more than just a fleeting meme coin.
The Dark Side of Meme Coins
While the astronomical gains made by the investor are a testament to the wild volatility of meme coins, the controversy also shines a light on some of the risks associated with these tokens. Centralization and developer control over key aspects of a coin’s ecosystem can put investors in precarious situations. In this case, despite the investor’s massive profits, they are unable to enjoy the fruits of their success due to a move made by the very developers who control the token’s fate.
This raises important questions about transparency and decentralization in the cryptocurrency space. Can the creators of a coin wield too much power? And, more critically, should developers have the ability to freeze or blacklist wallets at their discretion, especially when it involves significant financial sums?
The PEPE Saga Continues
As the crypto world watches, the $PEPE saga is far from over. While many early investors have walked away with significant profits, this case serves as a stark reminder of the unpredictable nature of meme coins. For all the excitement and explosive growth, these tokens often come with a heavy dose of risk.
For now, the blacklisted investor’s fortune remains locked, but $PEPE’s price continues to soar. With its growing popularity and strong momentum, it’s clear that the meme coin isn’t going anywhere anytime soon.
But for those still considering jumping on the meme coin bandwagon, PEPE’s story is a cautionary tale: even the wildest of gains can be just as fleeting as the memes themselves.
Conclusion: Meme Coins or Minefields?
This case highlights the dual-edged sword of meme coin investing. On one hand, you can make life-changing profits with a small initial investment. On the other hand, the centralization and potential for developer intervention could leave your riches trapped, and your dreams unfulfilled.
Will $PEPE continue its meteoric rise, or will the blacklisting controversy leave a stain on its legacy? Only time will tell, but one thing is certain: meme coins are not for the faint of heart.
Stay tuned for the latest developments in the $PEPE saga, and remember, in the wild world of crypto, it’s not just about riding the wave—it’s about knowing when to get off.
#Crypto #PEPE #MemeCoin #CryptoDrama #CryptoInvesting
6h
In an incredible twist of fate, an early investor in the meme coin $PEPE turned a modest $26 investment into a jaw-dropping $60.3 million—only to face an impossible obstacle: they can’t withdraw their newfound fortune.
The Meteoric Rise of $PEPE
Launched in April 2023, $PEPE quickly took the crypto world by storm, thanks to its connection to the beloved internet meme, Pepe the Frog. Initially just another meme coin in a crowded market, $PEPE began to skyrocket as investors jumped on board, attracted by the viral appeal and the token’s growing popularity.
This was the perfect storm for early investors, with prices rapidly increasing, and some made massive profits. But while many reaped the rewards, one investor, in particular, stands out for an eye-popping success: they purchased over 2 trillion PEPE tokens for a mere $26 on April 14, 2023. By early 2024, the value of those tokens had surged to a staggering $60.3 million.
It’s the stuff of cryptocurrency dreams—until it turned into a nightmare.
The Blacklist Drama: PEPE’s Wallet Block
On-chain data has uncovered that this lucky investor’s wallet has been blacklisted by the developers of $PEPE, locking them out of their massive windfall. As it stands, they cannot sell or transfer their tokens, rendering their $60.3 million trapped in limbo.
But why would developers take such drastic action? Here are the leading theories behind this unexpected wallet ban:
1. Market Stability Concerns
Some speculate the wallet in question holds such a significant portion of the PEPE token’s total supply—around 0.6%—that if sold, it could cause massive fluctuations in the price. In the ultra-volatile world of meme coins, even a small sale of such a huge holding could trigger a market crash. To protect the overall stability of the token, the developers may have chosen to block the wallet from making any withdrawals.
2. Developer Protection
Others believe the move was an effort by the developers to safeguard the token's ecosystem from large-scale liquidation. If the investor were allowed to cash out, the sell-off could potentially flood the market, damaging the price and potentially hurting the reputation of $PEPE in the process.
PEPE’s Unstoppable Momentum
Despite the drama surrounding the blacklisted wallet, $PEPE has shown remarkable resilience. The meme coin continues to climb, defying expectations with its price surging to a new all-time high of $0.00002524 early Thursday morning. This milestone was fueled, in part, by $PEPE’s listing on Robinhood, which dramatically increased its exposure to mainstream investors.
As a result, $PEPE has firmly established itself as the third-largest meme coin in the market, just behind the likes of Dogecoin and Shiba Inu. The listing on Robinhood, coupled with a steady rise in its value, has cemented $PEPE’s status as more than just a fleeting meme coin.
The Dark Side of Meme Coins
While the astronomical gains made by the investor are a testament to the wild volatility of meme coins, the controversy also shines a light on some of the risks associated with these tokens. Centralization and developer control over key aspects of a coin’s ecosystem can put investors in precarious situations. In this case, despite the investor’s massive profits, they are unable to enjoy the fruits of their success due to a move made by the very developers who control the token’s fate.
This raises important questions about transparency and decentralization in the cryptocurrency space. Can the creators of a coin wield too much power? And, more critically, should developers have the ability to freeze or blacklist wallets at their discretion, especially when it involves significant financial sums?
The PEPE Saga Continues
As the crypto world watches, the $PEPE saga is far from over. While many early investors have walked away with significant profits, this case serves as a stark reminder of the unpredictable nature of meme coins. For all the excitement and explosive growth, these tokens often come with a heavy dose of risk.
For now, the blacklisted investor’s fortune remains locked, but $PEPE’s price continues to soar. With its growing popularity and strong momentum, it’s clear that the meme coin isn’t going anywhere anytime soon.
But for those still considering jumping on the meme coin bandwagon, PEPE’s story is a cautionary tale: even the wildest of gains can be just as fleeting as the memes themselves.
Conclusion: Meme Coins or Minefields?
This case highlights the dual-edged sword of meme coin investing. On one hand, you can make life-changing profits with a small initial investment. On the other hand, the centralization and potential for developer intervention could leave your riches trapped, and your dreams unfulfilled.
Will $PEPE continue its meteoric rise, or will the blacklisting controversy leave a stain on its legacy? Only time will tell, but one thing is certain: meme coins are not for the faint of heart.
Stay tuned for the latest developments in the $PEPE saga, and remember, in the wild world of crypto, it’s not just about riding the wave—it’s about knowing when to get off.
#Crypto #PEPE #MemeCoin #CryptoDrama #CryptoInvesting
Altcoin Season Index at 35: What Does it Means for the Crypto Market?
Discover expert insights on the next altcoin season, BTC dominance trends, and what to expect for crypto investments in the coming months!
The current state of the cryptocurrency market is indicating a blend of seasons, as reflected by the CoinMarketCap (CMC) Altcoin Season Index scoring 35 out of 100. This value suggests the market is closer to a Bitcoin season rather than an Altcoin Season . Key for investors seeking to navigate the market’s upcoming changes is comprehending this dynamic.
What Does the Current Altcoin Season Index of 35 Indicate?
The Altcoin Season Index measures the top 100 altcoins’ performance compared to Bitcoin in the past 90 days. Altcoin Season is defined as when altcoins outperform Bitcoin by 75%. On the flip side, if less than a quarter of altcoins outperform Bitcoin, it is known as Bitcoin Season.
At 35, the index indicates a considerable part of the altcoin market falling behind Bitcoin in price increase. In the last month, we have seen a steady trend with the index moving back and forth between 34 and 36, indicating that Bitcoin remains at the forefront in market dominance. The recent drop to 13 in September 2024 continues to strengthen Bitcoin’s dominance in this timeframe.
The Broader Impact on Market Sentiment
While Bitcoin continues to hold a significant position, it is crucial to watch for any indicators of a potential rise in the Altcoin Season. In this type of period, altcoins experience an increase in trade volume and value, frequently surpassing Bitcoin in terms of profits. This change usually happens once Bitcoin reaches new high points, and traders begin searching for other opportunities that offer greater potential for growth.
However, altcoins are trying to keep pace with Bitcoin’s impressive performance in today’s market environment. For example, assets such as Solana, Dogecoin, and Pepe Coin have experienced increases in value recently, but their growth has not yet gained the traction required to control the overall market.Is Altcoin Season Just Around the Corner?
Cryptocurrency enthusiasts are constantly searching for indications that Altcoin season is approaching. Historical records indicate that altcoin seasons may be initiated by various factors, including Bitcoin hitting a new all-time high, a decline in Bitcoin dominance, or significant altcoins surpassing prolonged resistance levels. In the past years-2017-2018 and 2020-2021, altcoin seasons were witnessed, when BTC dominance declined significantly.
The current crypto market experienced cautious analysts who are bullish on the potential altcoin rally. The recent surge of Ethereum, along with rising curiosity in meme coins and new blockchain advancements, indicates that altcoins might be close to expanding further. Nevertheless, it is still unclear when this will happen, as Bitcoin price recent surge past $90,000 remains the main focus.
Crypto analyst Ash Crypto forecasts that the altcoin season could potentially appear in the next six months, sparking hope among investors. He observes that the season is reliant on the decrease in Bitcoin’s dominance. Once this occurs, altcoins can thrive in the market. Investors are eagerly anticipating this transition in hopes of making profitable gains in their investments.
Enter Rexas Finance (RXS): A Potential Catalyst for Altcoin Season
As BTC dominates the market, projects such as Rexas Finance (RXS) are gaining attention by providing unique solutions that may yield high returns for investors looking to diversify their portfolios in these uncertain times. Rexas Finance is a DeFi initiative that aims to provide advanced financial services like yield farming and staking for the expanding altcoin sector.
Priced at approximately $0.07 during its 5th presale phase, RXS is gaining traction as it seeks to bridge traditional finance with the cryptocurrency world.
With Bitcoin’s dominance appearing to level off, platforms such as Rexas Finance are positioning themselves as options for traders seeking to profit from the growth of altcoins. The RWA token strong range of DeFi services has the potential to be a key player in the upcoming altcoin season, with predictions that it may hit $17 by 2025
The platform enables users to stake different cryptocurrencies, giving them a chance to earn rewards in a market that typically favors Bitcoin.
For investors interested in delving into the upcoming rise of altcoins, early-stage cryptocurrencies such as Rexas Finance could offer a tactical jumping-off point, especially as the market prepares for possible changes. Investors can gain an edge by exploring DeFi solutions and accessing the potential of altcoins when market conditions shift.With the current market being Bitcoin Season, it indicates an Altcoin Season Index of 35. However, signs show a potential shift towards altcoin dominance. Investors can seize opportunities by monitoring key altcoins, DeFi trends, and Bitcoin’s dominance. Rexas Finance offers solutions for capitalizing on future crypto market moves. The market is uncertain, but there is potential for altcoin rallies for savvy investors, as altcoin countdown season begins.
#altcoins #binance #bnb #btc #bnb
The current state of the cryptocurrency market is indicating a blend of seasons, as reflected by the CoinMarketCap (CMC) Altcoin Season Index scoring 35 out of 100. This value suggests the market is closer to a Bitcoin season rather than an Altcoin Season . Key for investors seeking to navigate the market’s upcoming changes is comprehending this dynamic.
What Does the Current Altcoin Season Index of 35 Indicate?
The Altcoin Season Index measures the top 100 altcoins’ performance compared to Bitcoin in the past 90 days. Altcoin Season is defined as when altcoins outperform Bitcoin by 75%. On the flip side, if less than a quarter of altcoins outperform Bitcoin, it is known as Bitcoin Season.
At 35, the index indicates a considerable part of the altcoin market falling behind Bitcoin in price increase. In the last month, we have seen a steady trend with the index moving back and forth between 34 and 36, indicating that Bitcoin remains at the forefront in market dominance. The recent drop to 13 in September 2024 continues to strengthen Bitcoin’s dominance in this timeframe.
The Broader Impact on Market Sentiment
While Bitcoin continues to hold a significant position, it is crucial to watch for any indicators of a potential rise in the Altcoin Season. In this type of period, altcoins experience an increase in trade volume and value, frequently surpassing Bitcoin in terms of profits. This change usually happens once Bitcoin reaches new high points, and traders begin searching for other opportunities that offer greater potential for growth.
However, altcoins are trying to keep pace with Bitcoin’s impressive performance in today’s market environment. For example, assets such as Solana, Dogecoin, and Pepe Coin have experienced increases in value recently, but their growth has not yet gained the traction required to control the overall market.Is Altcoin Season Just Around the Corner?
Cryptocurrency enthusiasts are constantly searching for indications that Altcoin season is approaching. Historical records indicate that altcoin seasons may be initiated by various factors, including Bitcoin hitting a new all-time high, a decline in Bitcoin dominance, or significant altcoins surpassing prolonged resistance levels. In the past years-2017-2018 and 2020-2021, altcoin seasons were witnessed, when BTC dominance declined significantly.
The current crypto market experienced cautious analysts who are bullish on the potential altcoin rally. The recent surge of Ethereum, along with rising curiosity in meme coins and new blockchain advancements, indicates that altcoins might be close to expanding further. Nevertheless, it is still unclear when this will happen, as Bitcoin price recent surge past $90,000 remains the main focus.
Crypto analyst Ash Crypto forecasts that the altcoin season could potentially appear in the next six months, sparking hope among investors. He observes that the season is reliant on the decrease in Bitcoin’s dominance. Once this occurs, altcoins can thrive in the market. Investors are eagerly anticipating this transition in hopes of making profitable gains in their investments.
Enter Rexas Finance (RXS): A Potential Catalyst for Altcoin Season
As BTC dominates the market, projects such as Rexas Finance (RXS) are gaining attention by providing unique solutions that may yield high returns for investors looking to diversify their portfolios in these uncertain times. Rexas Finance is a DeFi initiative that aims to provide advanced financial services like yield farming and staking for the expanding altcoin sector.
Priced at approximately $0.07 during its 5th presale phase, RXS is gaining traction as it seeks to bridge traditional finance with the cryptocurrency world.
With Bitcoin’s dominance appearing to level off, platforms such as Rexas Finance are positioning themselves as options for traders seeking to profit from the growth of altcoins. The RWA token strong range of DeFi services has the potential to be a key player in the upcoming altcoin season, with predictions that it may hit $17 by 2025
The platform enables users to stake different cryptocurrencies, giving them a chance to earn rewards in a market that typically favors Bitcoin.
For investors interested in delving into the upcoming rise of altcoins, early-stage cryptocurrencies such as Rexas Finance could offer a tactical jumping-off point, especially as the market prepares for possible changes. Investors can gain an edge by exploring DeFi solutions and accessing the potential of altcoins when market conditions shift.With the current market being Bitcoin Season, it indicates an Altcoin Season Index of 35. However, signs show a potential shift towards altcoin dominance. Investors can seize opportunities by monitoring key altcoins, DeFi trends, and Bitcoin’s dominance. Rexas Finance offers solutions for capitalizing on future crypto market moves. The market is uncertain, but there is potential for altcoin rallies for savvy investors, as altcoin countdown season begins.
#altcoins #binance #bnb #btc #bnb
Why Is Cardano Price Poised To Hit ATH Soon?
Cardano price has rallied recently after Donald Trump's US election win, with recent market trends hinting that ADA is poised to hit an ATH soon.
Highlights
Cardano price has hit its highest level recently since March 2024.
Recent market trends hints at potential ADA rally to its ATH soon.
Several market experts have also unveiled bullish forecast for Cardano, sparking optimism over ADA rally to ATH in 2025.
Cardano price has been on the investors’ radar lately, as evidenced by the recent ADA rally. Besides, a flurry of developments around Founder Charles Hoskinson has also sparked optimism in the market over further rallies. Amid this, market experts have predicted a strong rally ahead for the crypto.
So, let’s explore the potential reasons that may help ADA price to continue its gain in the coming
Reasons Why Cardano Price Poised To Hit ATH Soon
A flurry of recent market developments hints at potential ATH for Cardano price soon. For context, in a recent X post, Cardano founder Charles Hoskinson lauded the ADA community, citing it as the “best community” and said that it has the best entrepreneurs as well. Besides, he also predicted the Voltaire update to make the ecosystem the “finest government ever assembled by humanity.”
This post reveals the founder’s confidence in the community, which could extend the ongoing rally in ADA price. Additionally, Charles Hoskinson visiting Elon Musk’s SpaceX office has also sparked speculations, especially given the individual’s growing influence in the US political landscape.
Besides, Hoskinson has recently said that he would support the Trump Government in shaping crypto legislation. He aims to help the US administration in crafting clear regulatory frameworks for digital assets, which have faced regulatory pressure over the past few years.
ADA Rallies As US AppeaThe recent comments from Ripple CEO Brad Garlinghouse have also sparked market optimism. In a recent FOX Interview, Garlinghouse said that XRP, ADA, SOL, and other crypto issued by the US companies have noted strong rallies in recent days, surpassing other crypto. He said that the anticipation over pro-crypto policies under the Republican government has fueled the rally, while many anticipate the Trump rally to continue to benefit the crypto.
Besides, a flurry of market pundits predicts that crypto to note a strong rally ahead. For context, prominent crypto market analyst Ali Martinez said that Cardano price is poised to hit $6 in 2025, further fueling anticipation over the ADA rally to its new ATNotably, ADA price has recently soared past the $0.78 mark, marking its highest level since March 2024. Besides, Cardano Futures Open Interest also rose more than 20% over the weekend, CoinGlass data showed, indicating the growing confidence of the investors.H.l Soars days.
Highlights
Cardano price has hit its highest level recently since March 2024.
Recent market trends hints at potential ADA rally to its ATH soon.
Several market experts have also unveiled bullish forecast for Cardano, sparking optimism over ADA rally to ATH in 2025.
Cardano price has been on the investors’ radar lately, as evidenced by the recent ADA rally. Besides, a flurry of developments around Founder Charles Hoskinson has also sparked optimism in the market over further rallies. Amid this, market experts have predicted a strong rally ahead for the crypto.
So, let’s explore the potential reasons that may help ADA price to continue its gain in the coming
Reasons Why Cardano Price Poised To Hit ATH Soon
A flurry of recent market developments hints at potential ATH for Cardano price soon. For context, in a recent X post, Cardano founder Charles Hoskinson lauded the ADA community, citing it as the “best community” and said that it has the best entrepreneurs as well. Besides, he also predicted the Voltaire update to make the ecosystem the “finest government ever assembled by humanity.”
This post reveals the founder’s confidence in the community, which could extend the ongoing rally in ADA price. Additionally, Charles Hoskinson visiting Elon Musk’s SpaceX office has also sparked speculations, especially given the individual’s growing influence in the US political landscape.
Besides, Hoskinson has recently said that he would support the Trump Government in shaping crypto legislation. He aims to help the US administration in crafting clear regulatory frameworks for digital assets, which have faced regulatory pressure over the past few years.
ADA Rallies As US AppeaThe recent comments from Ripple CEO Brad Garlinghouse have also sparked market optimism. In a recent FOX Interview, Garlinghouse said that XRP, ADA, SOL, and other crypto issued by the US companies have noted strong rallies in recent days, surpassing other crypto. He said that the anticipation over pro-crypto policies under the Republican government has fueled the rally, while many anticipate the Trump rally to continue to benefit the crypto.
Besides, a flurry of market pundits predicts that crypto to note a strong rally ahead. For context, prominent crypto market analyst Ali Martinez said that Cardano price is poised to hit $6 in 2025, further fueling anticipation over the ADA rally to its new ATNotably, ADA price has recently soared past the $0.78 mark, marking its highest level since March 2024. Besides, Cardano Futures Open Interest also rose more than 20% over the weekend, CoinGlass data showed, indicating the growing confidence of the investors.H.l Soars days.
Crypto Highlights This Week: BTC, XRP, & Dogecoin Steal Spotlight
Here'a a brief collection of some of the leading crypto market updates reported by CoinGape Media over the past week.
Highlights
BTC its new ATH despite macroeconomic factors bringing turbulence to the crypto.
XRP witnesses unprecedented gains over the week.
Elon Musk's D.O.GE. saga brings market optimism to Dogecoin.
The global crypto realm has closed another week, with remarkable advancements witnessed across the broader sector. Bitcoin (BTC) price pumped to attain a new ATH, whereas the broader market mirrored optimism. Simultaneously, Ripple’s XRP achieved unprecedented levels, sparking market discussions. Moreover, Dogecoin echoed optimism across the broader market amid D.O.G.E-related developments.
Here’s a brief report on some of the top crypto market headlines reported by CoinGape Media in the past seven days.
Bitcoin Hits New ATH Amid Crypto Bull Market
Notably, this week saw BTC price attain a new height of $93,434.36, sparking a tidal wave of optimism among market investors. The coin soared in tandem with increased institutional interest post-U.S. elections, as seen with Bitwise hitting $10 billion in client assets under management.
Further, amid the flagship crypto’s bullish movement, top trader Peter Brandt and investment firm Bernstein predicted BTC price rally to $200K. However, it’s also noteworthy that BTC witnessed slight turbulence this week, attributable to macroeconomic events.
The US CPI inflation rose to 2.6%, raising investor concerns over future movements. Nevertheless, the market closes this week in a bullish state.
XRP Gains Momentum
Simultaneously, XRP price extended weekly gains to 93%, solidifying investor optimism on the asset. Ripple CEO Brad Garlinghouse took the stage to reveal key reasons behind the coin’s strong rally this week, pointing out the post-election environment as a pro-cryptocurrency era.
Also, with speculations of SEC Chair Gary Gansler’s resignation on the rise, market sentiments for Ripple’s coin remain optimistic. Meanwhile, the XRP documentary premiered this week, garnering additional market attention toward the crypto.
Dogecoin Gains Traction Amid D.O.G.E. Saga
Simultaneously, DOGE price extended weekly gains to 54% over the past seven days, primarily attributable to Elon Musk’s D.O.G.E’s saga post-U.S. elections. The American entrepreneur was appointed as the Department of Government Efficiency head alongside V. Ramaswamy under Trump’s cabinet, bringing significant attention to Dogecoin.
On the other hand, with the Dogecoin lawsuit against Elon Musk withdrawn, market sentiments orbiting the meme token remain bullish. Simultaneously, CoinGape Media reported DOGE whale accumulations to have burgeoned substantially this week. Also, the leading DOGE wallet, MyDoge, announced the launch of DogeOS shortly afterward.
#xrp #btc #doge⚡ #BinanceSquareFamily
Highlights
BTC its new ATH despite macroeconomic factors bringing turbulence to the crypto.
XRP witnesses unprecedented gains over the week.
Elon Musk's D.O.GE. saga brings market optimism to Dogecoin.
The global crypto realm has closed another week, with remarkable advancements witnessed across the broader sector. Bitcoin (BTC) price pumped to attain a new ATH, whereas the broader market mirrored optimism. Simultaneously, Ripple’s XRP achieved unprecedented levels, sparking market discussions. Moreover, Dogecoin echoed optimism across the broader market amid D.O.G.E-related developments.
Here’s a brief report on some of the top crypto market headlines reported by CoinGape Media in the past seven days.
Bitcoin Hits New ATH Amid Crypto Bull Market
Notably, this week saw BTC price attain a new height of $93,434.36, sparking a tidal wave of optimism among market investors. The coin soared in tandem with increased institutional interest post-U.S. elections, as seen with Bitwise hitting $10 billion in client assets under management.
Further, amid the flagship crypto’s bullish movement, top trader Peter Brandt and investment firm Bernstein predicted BTC price rally to $200K. However, it’s also noteworthy that BTC witnessed slight turbulence this week, attributable to macroeconomic events.
The US CPI inflation rose to 2.6%, raising investor concerns over future movements. Nevertheless, the market closes this week in a bullish state.
XRP Gains Momentum
Simultaneously, XRP price extended weekly gains to 93%, solidifying investor optimism on the asset. Ripple CEO Brad Garlinghouse took the stage to reveal key reasons behind the coin’s strong rally this week, pointing out the post-election environment as a pro-cryptocurrency era.
Also, with speculations of SEC Chair Gary Gansler’s resignation on the rise, market sentiments for Ripple’s coin remain optimistic. Meanwhile, the XRP documentary premiered this week, garnering additional market attention toward the crypto.
Dogecoin Gains Traction Amid D.O.G.E. Saga
Simultaneously, DOGE price extended weekly gains to 54% over the past seven days, primarily attributable to Elon Musk’s D.O.G.E’s saga post-U.S. elections. The American entrepreneur was appointed as the Department of Government Efficiency head alongside V. Ramaswamy under Trump’s cabinet, bringing significant attention to Dogecoin.
On the other hand, with the Dogecoin lawsuit against Elon Musk withdrawn, market sentiments orbiting the meme token remain bullish. Simultaneously, CoinGape Media reported DOGE whale accumulations to have burgeoned substantially this week. Also, the leading DOGE wallet, MyDoge, announced the launch of DogeOS shortly afterward.
#xrp #btc #doge⚡ #BinanceSquareFamily
Investors In Crypto PEPE Are In Full Euphoria... But For How Long?
In a particularly dynamic crypto market, the memecoin PEPE exhibits remarkable performance with over 70% of its holders in positive territory. This spectacular rise comes as the token has just crossed an important psychological threshold by eliminating a zero from its unit value.
A historic performance driven by bullish momentum
PEPE has crossed a symbolic threshold by eliminating a zero from its unit value, reaching $0.0000104. This major progression has pushed 224,330 addresses, or 72% of holders, into profitable territory, according to data from IntoTheBlock.
This spectacular rise contrasts with the situation of 62,700 addresses (20.11%) that remain at a loss, demonstrating a highly asymmetric market. The increase in price can be explained in part by a particularly optimistic market sentiment and sustained buying momentum, despite the inherent volatility of memecoins.
The daily trading volume reached $1.32 billion, although it has decreased by 3.62% over the last 24 hours. This drop in volume raises questions about the sustainability of the current rally, with analysts recommending close monitoring of this key indicator which could foreshadow a technical correction.
The integration of PEPE onto mainstream platforms plays a crucial role in its recent appreciation. Robinhood, the leading American online brokerage, has recently launched a PEPE transfer feature for its European clientele. This strategic initiative, accompanied by a 1% deposit bonus, significantly facilitates access for European retail investors to this digital asset.
This democratization of access to PEPE via a regulated platform enhances its legitimacy and significantly broadens its potential investor base. The Robinhood effect could thus continue to support the price in the coming weeks, provided trade volumes are maintained.
The performance of PEPE reflects the growing maturity of the memecoin segment. However, caution remains necessary given the characteristic volatility of this asset class, particularly sensitive to variations in crypto market sentiment.
Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
#PEPE #MicrosoftBitcoinRejection #BTCNear82k #EthereumWhitepaper #PensionCryptoShift
A historic performance driven by bullish momentum
PEPE has crossed a symbolic threshold by eliminating a zero from its unit value, reaching $0.0000104. This major progression has pushed 224,330 addresses, or 72% of holders, into profitable territory, according to data from IntoTheBlock.
This spectacular rise contrasts with the situation of 62,700 addresses (20.11%) that remain at a loss, demonstrating a highly asymmetric market. The increase in price can be explained in part by a particularly optimistic market sentiment and sustained buying momentum, despite the inherent volatility of memecoins.
The daily trading volume reached $1.32 billion, although it has decreased by 3.62% over the last 24 hours. This drop in volume raises questions about the sustainability of the current rally, with analysts recommending close monitoring of this key indicator which could foreshadow a technical correction.
The integration of PEPE onto mainstream platforms plays a crucial role in its recent appreciation. Robinhood, the leading American online brokerage, has recently launched a PEPE transfer feature for its European clientele. This strategic initiative, accompanied by a 1% deposit bonus, significantly facilitates access for European retail investors to this digital asset.
This democratization of access to PEPE via a regulated platform enhances its legitimacy and significantly broadens its potential investor base. The Robinhood effect could thus continue to support the price in the coming weeks, provided trade volumes are maintained.
The performance of PEPE reflects the growing maturity of the memecoin segment. However, caution remains necessary given the characteristic volatility of this asset class, particularly sensitive to variations in crypto market sentiment.
Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
#PEPE #MicrosoftBitcoinRejection #BTCNear82k #EthereumWhitepaper #PensionCryptoShift
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