DOGE Sees 2% Pullback After Major Holders Accumulate 3.61 Billion Tokens Amid High Activity
Dogecoin (DOGE) is currently trading at $0.22236 on Binance, reflecting a 2.03% decrease over the past 24 hours, with significant trading volume and continued high market activity. The recent price decline follows a period of strong bullish momentum, driven by increased on-chain activity, heightened social media attention, and large holder accumulation, with 3.61 billion DOGE acquired by major investors since January 23, 2025. Despite positive developments such as Coinbase’s support for Wrapped DOGE on its Base layer-2 and ongoing platform upgrades, the market has experienced short-term volatility, including an 8.29% pullback on May 23 and subsequent stabilization. Technical indicators show DOGE holding above key support levels, and investor sentiment remains positive, but the latest 24-hour dip appears to be a corrective move after recent gains and heightened speculative activity.
TRUMP Slides 2% as Major Holders Move Tokens After Exclusive Dinner, High Volume Signals Volatility
The TRUMP token is currently trading at $12.55, down 2.11% over the past 24 hours, with a 24-hour opening price of $12.82 and substantial trading volume, reflecting ongoing market interest and liquidity. The recent price decline is attributed to large transfers of TRUMP tokens to exchanges following the exclusive dinner event for top holders on May 22, 2025, which coincided with increased market volatility and significant short contract activity around the $14.52 level; additional downward pressure has been observed amid controversy and regulatory scrutiny related to the event and broader developments involving Trump Media's reported $3 billion crypto initiative.
🔥 Bitcoin Bags Up, Lawsuit Rolls In — What’s Strategy Planning?
Even with a fresh class action lawsuit over its crypto investing strategy, MicroStrategy has expanded its bitcoin holdings and generated nearly $765 million via share sales.
Between May 12 and May 18, 2025 MicroStrategy said it has raised $765.4 million in two at----market (ATM) share sales. The company's liquidity was considerably improved by selling 1.71 million MSTR shares and 621,555 STRK preference shares. Mostly, these money were used for buying additional bitcoin.
MicroStrategy bought 7,390 BTC for around $764.9 million during the same time at an average price of $103,498 per coin. Purchased at an average cost of $69,726, this takes its overall holdings to 576,230 BTC, therefore representing $40.18 billion in bitcoin assets.
Not every news, meantime, was favorable. MicroStrategy, its creator Michael Saylor, and executives Phong Le and Andrew Kang were the targets of a class action lawsuit filed on May 16 Particularly in view of volatility and possible losses linked with accounting revisions under new crypto asset rules (ASU 2023-08), the complaint argues the corporation deceived investors about the profitability and risk of its bitcoin-oriented strategy.
Notwithstanding legal issues, the firm maintains a dashboard at www.strategy.com to notify the public on its activities, including real-time details on its bitcoin transactions and stock movement.
#SaylorBTCPurchase #BTCBreaksATH110K #ETHMarketWatch #MarketRebound #TrumpTariffs $BTC $ETH $XRP
Top Movers Today: $QNT & $JUP Shine Bright While Others Bleed 🔥🩸
#QNT steals the spotlight with a powerful +9.4% surge, leading the green side of the market.
#JUP follows with an impressive +6.4% pump, bouncing back strong from earlier losses.
On the flip side, $WLD (-7.1%), $SPX (-6.5%), and $BONK (-7.3%) lead the red zone, dragging down sentiment.
It’s a mixed bag out there smart traders are watching for rebounds while momentum builds in select winners!
{spot}(WLDUSDT)
{spot}(JUPUSDT)
{spot}(QNTUSDT)
Brutal whale hunt.
As $BTC dropped below $108,000, top trader James closed part of his $BTC and $PEPE longs, taking a $4.4M loss to reduce his liquidation risk.
Current position: 5,782 $BTC($626M)
Liquidation price: $107,387.82
Unrealized PnL: -$10.5M
https://x.com/lookonchain/status/1927044295187399069
Crypto Market in the Red — #JUP #WLD , #GALA Lead the Slide 🔻
The market is cooling off this hour with a wave of red bubbles across the board:
$JUP takes the biggest hit, down -4.2%, leading the hourly losers.
$WLD follows close behind with a -2.3% dip.
$GALA also slides, down -2.0%, continuing its bearish drift.
Sentiment looks shaky short-term, but for seasoned traders, these pullbacks could offer juicy re-entry points. Keep your eyes on support zones!
SOL Sees 3% Dip Amid High $3.1B Volume as DeFi Growth and MetaMask Support Drive Interest
Solana (SOL) is currently trading at $171.73 with a 24-hour opening price of $177.07, reflecting a 3.02% decline and a 24-hour trading volume of approximately $3.1 billion, indicating continued high activity and strong market interest. The recent price decrease can be attributed to short-term market volatility despite ongoing positive developments, including record stablecoin adoption, growing DeFi activity, and new integrations such as MetaMask wallet support. While the broader sentiment remains bullish due to robust ecosystem growth and increased institutional interest, the current pullback reflects typical fluctuations following recent rallies and profit-taking, rather than any negative shift in Solana’s underlying fundamentals.
XRP Holds Strong Liquidity Amid ETF Delays and Nasdaq Futures Launch Despite 2.8% Dip
XRP is currently trading at $2.2819 on Binance, with a 24-hour opening price of $2.3481 and a price change of -2.82%. Trading volume remains robust, and the token maintains a high market capitalization, reflecting continued strong liquidity and investor interest. Over the past 24 hours, XRP has experienced a modest decline, which can be attributed to broader market volatility following a recent correction, as well as mixed sentiment after the U.S. SEC postponed decisions on several XRP ETF applications. Despite positive developments such as the launch of the first XRP futures ETF on Nasdaq and new institutional derivative products, immediate price action has been tempered by short-term technical resistance and cautious investor response to regulatory delays.