The XLM price has made a strong comeback in July, as the crypto registered a 75% surge over the past week and 86% in the past two weeks, outperforming many top assets in the sector. With ecosystem upgrades pending voting, rising institutional interest, and experts being very optimistic, the project is very attractive. Even experts …
The crypto market is showing strong signs of life beyond Bitcoin. Futures Open Interest (OI)—a key metric reflecting the number of outstanding derivative contracts—has surged for several top altcoins. XRP, Ethereum (ETH), and Solana (SOL) are seeing a sharp rise in leveraged positions, with OI across these tokens nearing or surpassing the $1 billion mark. …
As the cryptocurrency market gains upward momentum, investors are looking for altcoins that can deliver exponential returns. With the bull market stepping into its next phase, certain tokens are beginning to show the kind of technical strength, narrative momentum, and community backing that precedes major rallies. Among them, three altcoins, Virtuals Protocol, Ethena, and Dogwifhat, …
Recently, XRP overtook Tether (USDT) to claim the position as the third-largest cryptocurrency by market capitalization. This shift marks a significant milestone for XRP, highlighting renewed investor confidence and growing momentum in the market. While USDT has traditionally held its place due to its stablecoin status, XRP’s rise is primarily driven by increasing adoption, positive …
The Stellar (XLM) price is gaining bullish momentum as recent network-level enhancements and rising ecosystem activity fuel demand. The upcoming Protocol 23 upgrade introduces improvements in smart contract performance and data handling, positioning Stellar to support more complex decentralized applications. Meanwhile, institutional adoption and a notable rise in tokenized asset flows are reinforcing the network’s …
Story (IP) crypto has captured market attention with a sharp price surge, fueled by a breakout from a prolonged consolidation phase. The sudden momentum shift reflects growing market interest, supported by a rise in trading volume and strategic accumulation by larger holders. As Story escapes its previous range, traders are eyeing higher targets amid renewed …
A top crypto analyst is making waves with a strong call: Going all-in on XRP should be a priority. That’s the message from Oscar Ramos, a widely followed figure in the crypto world, as the market turns green again. Related Reading: Solana Breaks Out Of Symmetrical Triangle—Next Stop $164? Bitcoin just hit a new all-time high of $118,250 Friday, helping to fuel momentum across altcoins. XRP has been one of the top gainers during this run, jumping above $2.65 and showing signs of strength. At press time, it’s trading around $2.69—up over 10% in just a day. Ripple’s Stablecoin, BNY Mellon Partnership Spark Optimism The rising interest in XRP isn’t only about price moves. Ripple, the company tied closely to the altcoin, is rolling out developments that many say are pushing it into the spotlight again. Going ALL IN on $XRP should be a priority — Oscar Ramos (@realOscarRamos1) July 9, 2025 XRP Futures ETFs On The Way The excitement around XRP is also getting a push from ETF news. Several futures-based XRP exchange-traded funds are lined up to launch this July. ProShares is preparing three futures ETFs with a planned rollout on July 14. ???? XRP’s market value has hit a 7-week high, crossing above $2.39 for the first time since May 23rd. What to watch for are the rising number & collective balances of whales holding at least 1M $XRP. There are currently 2,742 wallets holding at least 1M XRP, one off from… pic.twitter.com/UPPlSWq7TD — Santiment (@santimentfeed) July 9, 2025 Two other firms are also stepping in. Turtle Capital will debut a 2X Long XRP ETF on July 21, while Volatility Shares has two more ETFs planned for the same date. Although the SEC hasn’t approved a spot XRP ETF yet, more than 10 applications are still under review. Related Reading: XRP Price Builds Momentum — $2.50 Break Sparks Fresh Bullish Wave Whale Wallets Near All-Time High Another clear signal of growing confidence is coming from large XRP holders. Based on the latest data from Santiment, wallets holding at least 1 million XRP are now at 2,742—just one below the record of 2,743. Price Holds Steady As Bullish Sentiment Grows XRP is holding above $2.68 for the first time since May. Over the past 30 days, it had 16 green days out of 30, with price volatility sitting at 3.85%. According to the current forecast, the price could see a minor dip of 0.60% to around $2.57 by August 10. Featured image from Unsplash, chart from TradingView
Solana (SOL) price rallied 3 percent in the past 24 hours to trade at about $164 on Friday, July 11, during the mid-North American session. The large-cap altcoin, with a fully diluted valuation of about $99 billion, recorded a 62 percent surge in its daily average traded volume to hover around $7.9 billion at the …
Shiba Inu (SHIB) might be on the verge of a powerful rally, according to crypto analyst MasterAnanda, who believes the popular meme coin could climb more than 1,500% in this cycle. The analyst predicts SHIB may cancel another zero and reach a new all-time high if a few key levels are cleared. Related Reading: Bitcoin 30-Day Average Funding Rate Drops – Bullish Setup Takes Shape Signs Of A Possible Reversal SHIB has been stuck in a downtrend since March 2024. It peaked at $0.000045 before sliding back to close that month at $0.000030. Since then, the coin has moved within a descending triangle pattern, bouncing around the base while facing strong bearish pressure. However, something may be changing. SHIB has just printed a fully green weekly candle and gained 15% over the past seven days. According to analysts, this is one of the most bullish weekly moves since early May, when the token jumped 25%. Despite the optimism, SHIB remains below its 200-day moving average, which sits at $0.000016. That’s around 19% higher than its current price of $0.000013. Analysts see this as a critical level the token must beat to confirm a long-term bullish trend. Bullish Price Targets Appear On The Chart MasterAnanda believes SHIB will break above the triangle and make a run toward $0.000032, aligning with the 0.50 Fibonacci retracement level. If that plays out, the analyst sees a further move to $0.000067, then to $0.00010, which would represent a new all-time high. From there, two more possible targets have emerged using Fibonacci extensions: $0.00017 and $0.00022. Those would mark gains of 1,180% and 1,529%, respectively. While ambitious, other analysts have also supported a similar price path based on the same descending triangle breakout. Shiba Inu Sentiment Mixed As Greed Index Climbs Although bullish targets are grabbing headlines, market sentiment is still uncertain. Based on recent data, SHIB recorded green days on just 13 out of the last 30, and showed 4.25% price volatility. The current reading for sentiment is “Neutral” and the Fear & Greed Index stands at 69, which is in the “Greed” category. Price prediction tools indicate that SHIB could increase 27% to August 10, 2025, at about $0.000017. That will bring it nearer to its MA-200, but still far from the lofty targets being predicted by some analysts. Related Reading: Ethereum Back At Range Highs: Breakout Above $2,800 Could Ignite Altseason SHIB holders are now waiting to see what’s next. Will the triangle breakout occur in a hurry, or will resistance levels hold the token below major technicals? The coming weeks may provide the answers. Featured image from Meta, chart from TradingView
Bitcoin’s price is holding firm despite growing chatter about the end of its market dominance. However, analysts are turning their attention not to Bitcoin’s price but to its waning market share as signs that altcoins may finally be ready to take center stage in what could become a full-blown altcoin season. A post on X has highlighted a specific breakdown structure in BTC dominance, which is linked to nine factors indicating that the altcoin season has begun. Technical Factors Showing Fall Of Bitcoin Dominance According to the analyst, Bitcoin dominance reached a peak of exactly 66% on June 27, 2025, a date he calls significant for its esoteric code 434 and its occurrence on a new moon. From a technical perspective, the 66% mark coincided precisely with the 0.786 Fibonacci retracement level, a region many traders consider a reversal zone. More importantly, several warning signals are flashing for Bitcoin traders. Related Reading: Altcoin Season Not Remotely Close, Bitcoin Dominance Still Too High: Market Expert Says The analyst’s post on the social media platform X features a few price charts to emphasize how the Bitcoin dominance might be fading, alongside nine factors. From a purely technical lens, the dominance chart looks increasingly exhausted. The first factor is the most recent highest monthly RSI in the history of the Bitcoin dominance chart. This event has created an overbought condition, and the next outlook is a possible crash of the RSI. The MACD, in fact, has already crossed into bearish territory. Furthermore, the histogram has turned negative, and the faster line has moved below the slower one, which is a classic signal of an impending downtrend. Another interesting factor is that Bitcoin dominance has now broken a key diagonal support line that held firm through much of 2024 and 2025, which is another possible structural breakdown. Fundamental Factors Show Strong Rotation Into Altcoin Pairs While the technical picture is deteriorating, the fundamentals are also stacking in favor of altcoins very quickly. The first fundamental factor is the importance of upcoming altcoin spot ETFs, which have the possibility to redirect institutional flows from Bitcoin into Ethereum, XRP, and others. Related Reading: Time To Forget Altcoin Season? Bitcoin Dominance At This Level Is This Only Hope ETFs such as the Spot XRP, Dogecoin, and Solana ETFs could rapidly increase inflows into the rest of the crypto market, similar to how Spot Bitcoin ETFs caused massive inflows into Bitcoin. The analyst also highlighted the likelihood of upcoming U.S. Federal Reserve rate cuts, which would tilt market conditions in favor of altcoins over Bitcoin. Momentum has also begun to shift in some trading pairs, particularly XRP/BTC and ETH/BTC, both of which are showing reversal signs from critical levels. The XRP/BTC chart displays repeated failed attempts to break above 0.0000215 BTC, a horizontal resistance that has now been tested five times on the daily candlestick timeframe chart. At the time of writing, the XRP/BTC pair has returned to this level yet again, and based on this pattern, any clean breakout here could confirm a decisive rotation into XRP. Likewise, Ethereum has begun to recover from long-term oversold conditions when measured against Bitcoin. The rounded bottom pattern forming on the ETH/BTC weekly chart shows a reversal from undervaluation, which in past cycles has caused substantial gains for Ethereum relative to BTC. Featured image from Pixabay, chart from Tradingview.com
As bitcoin reaches a record high, tokens associated with DeFi and layer-2 networks are outperforming.
Bitcoin has hit a new all-time high, jumping 8% this week. The rally is lifting the whole crypto market, and bold predictions are flooding in. NBA legend Scottie Pippen also jumped in to comment on Bitcoin’s new all-time high. He shared a bold message to his followers on X, saying, “SEND EVERYTHING HIGHER.” He didn’t …
The crypto market is trading in the green today following Bitcoin’s record-breaking surge past $118K. Major altcoins like Ethereum, XRP, and Solana have also rallied, gaining 5–8%. Amid the broader market upswing, FTX has unstaked a large amount of SOL today. FTX Stakes $30.9 million in SOL, Sell Off Next? Data from lookonchain shows that …
The Ethena (ENA) price has recently witnessed a strong price surge, fueled by multiple bullish catalysts. Key drivers include its high-profile listing on South Korea’s Upbit exchange, growing institutional adoption via Coinbase integration, and impressive protocol revenue milestones. These developments have significantly boosted investor confidence, leading to a sharp uptick in trading volume and price …
The Dogecoin price has once again captured attention with a surprising recovery in July second week of 2025. As Bitcoin reached a new all-time high (ATH) of $118,340, DOGE followed closely, breaking a key technical pattern. With expert sentiment turning bullish and political headlines adding fuel, is a DOGE price supercycle about to begin? Technical …
Sei Network’s Explosive Ecosystem Growth The Sei blockchain is experiencing massive growth in both users and transaction volume. In just the past month, the network’s Total Value Locked (TVL) surged past $540 million, while daily decentralized exchange (DEX) volume regularly crosses $60 million. More than 266,000 new wallets were created in the last year alone, …
Solana (SOL) is flashing bullish signals again. In the last 24 hours, the token surged by 3.5% to trade around $163.76, marking an 11.74% gain since the start of July. Over the past week alone, SOL has climbed 7.4%, outperforming several top altcoins in this mini crypto rally. But is this just a short-term spike …
Dogecoin price has entered a crucial consolidation phase, gaining traction as bullish sentiment returns to the crypto market. The recent price rebound is driven by renewed meme coin interest, broader market recovery, and rising speculation amid favorable macroeconomic conditions. DOGE is trading near a key resistance zone, with price tightening between strong support and overhead …
The Cardano price (ADA) has recently displayed renewed strength, surging nearly 10% in the past 24 hours. This impressive jump was fueled by a wave of liquidations, with $2.98 million in short positions being wiped out, from a total 24-h liquidation of $3.40 million, causing the ADA price to spike significantly. Currently trading around $0.628, …
Nvidia briefly surpassed a $4 trillion market cap, spotlighting the booming AI-GPU narrative that’s rippling into crypto. AI-linked tokens like Render, ASI, Aethir, Jasmy, and FET are leveraging Nvidia’s GPU stack for real-world utility in 3D rendering, decentralized AI, and smart environments. Render integrated Nvidia’s Omniverse; ASI completed its major token merger; and Aethir reported …
The XRP price has made headlines by strongly advancing on Wednesday by breaking through a multi-month resistance area. This move has reignited bullish sentiment among traders. Experts closely monitoring now believe, after witnessing this surge, that another surge could propel the price of XRP to higher levels. This optimism is supported as its parent company, …
The SUI token has emerged from a prolonged consolidation phase, sparking renewed interest among traders and analysts. With its price breaking above a critical resistance zone near $3, SUI appears poised to validate a significant upside move. This could potentially reach the $4 to $4.3 range, over a 30% upswing from the current levels. Backed …
In a livestream broadcast on X, independent market technician Kevin, known online as @Kev_Capital_TA, argued that crypto markets are only now entering what he called “the real bull run,” pointing to a confluence of technical signals, macroeconomic data and inter-market correlations that he believes have not been fully appreciated by traders. The Real Bull Run Starts Here Kevin placed particular emphasis on the behavior of Tether dominance (USDT.D), the share of crypto market capitalization held in the dollar-pegged stablecoin. The analyst displayed two long-term logarithmic USDT.D charts, each showing an initial sharp decline followed by what he described as a “rising channel slash bear flag.” In both 2024 and the present structure, the measured-move target of the pattern sits at 3.70 percent. “It’s really astonishing how this is kind of attempting to play out,” he said, stressing that any sustainable rally in risk assets will require that level to be reached. “The two key words that are going to be the most important words over the next couple of weeks are follow through.” Related Reading: Crypto Market Cap On Track To $4.5 Trillion As Q3 Unfolds – Details He then overlaid a macro descending triangle on a separate two-week USDT.D chart dating back to March 2020. Each time the two-week Stochastic RSI crossed downward, the dominance metric fell sharply, coinciding with periods of strength in Bitcoin and altcoins. The latest cross, now curling lower, again targets 3.70 percent. If that support were to give way, Kevin allowed, a deeper slide toward “the two-percent handle” could mark a “peak bull market” phase—though he cautioned against speculating that far ahead. The technical discussion broadened to Bitcoin’s hash-ribbon indicator, which tracks miner capitulation and recovery. Historically, weekly “buy” signals have preceded 40 to 100 percent upside moves within nine weeks, with what Kevin called a “100 percent hit rate” over eight years of back-testing. Kevin linked the on-chain data to macro conditions. Citing the real-time inflation gauge “Truthflation,” he highlighted a 1.66 percent reading—below the Federal Reserve’s nominal 2 percent target—and falling import prices, both of which, he argued, increase the odds of an imminent shift to easier policy. “If Truthflation stays below 2 percent, you’re going to get the easing you want,” he said, predicting that markets would price in an end to quantitative tightening ahead of any official announcement. “Retail traders are becoming more educated than they’ve ever been.… The market will sniff out rate cuts coming.” Altcoin capital rotation formed a second pillar of the bullish thesis. Ethereum’s market-share chart, he said, had been basing at 2019-2020 lows, with monthly MACD, Stochastic RSI and Market Cipher signals all turning up. Early reallocations into ETH-beta names such as Chainlink and Uniswap are already “up 60 percent” from their accumulation zones, he claimed, framing the moves as the foothills of a broader run. Nonetheless, he warned viewers not to wait for central-bank confirmation: “Don’t be the person sitting on the sidelines waiting for Powell to come out saying QT is over.” Related Reading: XRP Set To Shock The Crypto Market With 30% Share, Analyst Predicts Turning to Bitcoin itself, Kevin acknowledged that the benchmark still faces substantial resistance. Price must clear the March record, then the $112,000–$116,000 range and, ultimately, $120,000 before “thin air” opens a path to $140,000–$150,000. Similarly, the “total three” index—market cap excluding Bitcoin and Ethereum—needs a daily close above $877 billion and, crucially, the yellow-shaded resistance band that has capped rallies five times since February. Only then, he argued, would a new all-time high for the broader alt-basket come into view. Despite the optimism, Kevin repeatedly returned to the notion that conviction without confirmation is premature. “We need to see real deal price action,” he said, noting that Bitcoin’s daily RSI has not reached the 90-plus “euphoria” zone since 2017. He called the post-March tape “down-trending crappy price action” and insisted that any declaration of a full-fledged cycle peak must await multiple days of decisive follow-through. In closing, the analyst underscored the time sensitivity of the opportunity. With the halving behind and the traditional four-year cycle ostensibly entering its final phase, “you’ve got five to six months of what should be elite-level price action,” he said. Whether or not the textbook cycle ends on schedule will depend, in his view, on the interaction between a Federal Reserve pivot and the crypto market’s ability to anticipate it. For now, Kevin’s roadmap is unambiguous: monitor USDT dominance for a breakdown toward 3.70 percent, watch for successive hash-ribbon buy signals, and demand momentum “follow through” above the identified technical hurdles. If those conditions are met, he contends, the rally that many traders thought was already under way will reveal itself as only the warm-up act for “the real bull run.” At press time, BTC traded at $111,250. Featured image created with DALL.E, chart from TradingView.com
The crypto market is flashing green today with Bitcoin touching an all-time-high of $112K today as major altcoins rebound with strength. Bitcoin continues to hover near key resistance, but Ethereum (ETH), Solana (SOL), and XRP are seeing renewed investor interest. This sudden upswing is not just a random bounce; analysts say the momentum is being …
Cardano has slipped about 1.54% in the past day, but signs are pointing toward a turn in its fortunes. Traders have spotted a rare weekly golden cross on the ADA/USD chart. That happens when a shorter moving average crosses above a longer one. It can signal that buyers are gaining the upper hand after months of sideways action. Related Reading: Ethereum Sees $6 Billion In Tokenized Funds As Big Players Jump In First Ever Weekly Golden Cross According to analyst Mr. Brownstone, Cardano just logged its first‑ever weekly golden cross, with the 50‑week moving average climbing above the 200‑week line. ADA is trading at $0.60, under both its 50‑day MA at $0.66 and its 200‑day MA at $0.64. That gap means bulls need more firepower to push price back above key levels. Still, the weekly signal has many calling a bullish move ahead. Anyone else notice that Cardano just had it’s first Weekly Golden Cross ever? ???????? pic.twitter.com/d7gvWQfN1Z — Mr Brownstone (@GunsRoses1987) July 9, 2025 Price Levels To Watch Based on examination from MasterAnanda, ADA will likely need to reclaim its 34‑period EMA and the 200‑day MA before a real uptrend can take hold. Many traders use those levels as checkpoints. If ADA closes above $0.64, it could draw new buyers in. On the flip side, a drop under $0.59 might trigger more selling pressure. Whales Return To Accumulate Analyst Ali Martinez has noted that large holders scooped up about 120 million ADA over the past two weeks. These addresses, each holding between 1 million and 10 million ADA, now control roughly 5.5 billion ADA—worth around $3.3 billion at current prices. When big wallets pile in, it often suggests confidence that prices will head higher. But it can also lead to quick flips if whales decide to take profits. Whales bought over 120 million Cardano $ADA in the last two weeks! pic.twitter.com/HOjvzB6fqd — Ali (@ali_charts) July 8, 2025 Cardano: Forecasts And Sentiment Several price targets have emerged in recent weeks. Some analysts expect ADA to climb to $1.33, while others think $10 is within reach this cycle. Price prediction by CoinCodex points to a 25% rise to $0.74 by August 8, 2025. Right now, technical indicators lean bearish, and the Fear & Greed Index sits at 59 (Neutral). Cardano has seen 14 out of the last 30 days end in green, with volatility around 7.54%, according to the price prediction site. Related Reading: 2% Of All XRP Is In His Hands — But Who Is He? Outlook And Next Steps Cardano’s weekly golden cross is a bullish sign, but price still needs to clear shorter‑term hurdles. Traders looking for confirmation may wait for ADA to close above $0.66 on the daily chart. Those already in position might set a stop‑loss below $0.59 to guard against a rejection. With whale activity back on the rise and long‑term targets ranging from $1.33 to $10, Cardano is once again on investors’ radar. However, broader market trends—especially moves in Bitcoin—will likely dictate whether ADA’s momentum can stick. Featured image from Meta, chart from TradingView
Justin Sun, a serial entrepreneur with a keen focus on blockchain technology and the web3 space, has announced a strategic investment in Donald Trump-backed memecoin dubbed Official Trump ($TRUMP). The Tron (TRX) founder announced he is committed to purchasing $TRUMP tokens worth $100 million in the near term. The announcement follows a recent move by …
Bitcoin (BTC) price has recorded a new all-time high (ATH) of about $112,000 on several cryptocurrency exchanges, led by Binance. The flagship coin surged over 2 percent in the past 24 hours, thus rallying above the former ATH of about $111,814, which was recorded on May 22, 2025. According to aggregate data from CoinMarketCap, Bitcoin’s …
US traders and DeFi fans have turned their eyes to Sei Network (SEI) after its Total Value Locked (TVL) climbed past $626 million. That leap marks a huge rise from about $60 million at the start of 2024, showing a strong wave of new funds and fresh users staking assets on the chain. Related Reading: XRP Could Hit $35 If It Captures A Quarter Of Remittance Market By 2029 Sei Network TVL Rockets According to DeFiLlama, TVL on Sei surged from roughly $60 million in January 2024 to almost $700 million at its peak. That represents nearly a 10 × gain in just six months—growth most rival chains only manage in single‑digit or low double‑digit jumps of 10–50 % over the same stretch. Based on reports by crypto fans on X, this kind of TVL swing is very rare in today’s tight market. $SEI just set a new all-time high for Total Value Locked, climbing past $625 million. ???? More capital flowing in, more on-chain activity picking up – the SEI ecosystem’s clearly pulling in fresh attention. pic.twitter.com/xqruXfoqVn — Kyledoops (@kyledoops) July 7, 2025 On‑Chain Activity Picks Up Crypto observer Kyledoops shared that daily transfers and smart‑contract calls on Sei have climbed steadily. “More capital is flowing in and on‑chain actions are rising,” he wrote. Some market observers say that some parts of the ecosystem saw 10–50 % jumps in TVL, with a few protocols posting even bigger gains. This buzz comes at a time when many DeFi projects are struggling to grow. Japan Approval Draws Investors Based on reports, a key boost arrived when Sei earned approval from the Japan Financial Services Agency. That nod gives it a regulated path into one of the world’s strictest crypto markets. Artemis Analytics noted that daily active addresses hit a two‑year high right after the JFSA greenlight. Institutions are said to be taking a closer look at trading and custody options in Tokyo. $SEI just received approval from Japan’s FSA It is required in Japan to be listed on exchanges so quite important. Once XRP received this, it had a HUGE rally ????@SeiNetwork ???? — Gordon (@AltcoinGordon) July 4, 2025 Price Swings Test Support SEI’s token price more than doubled in June after a US government‑backed stablecoin pilot was announced and after SEI Labs proposed SIP‑3, a shift to an EVM‑only chain. Even with that jump, the coin still sits about 78 % below its March 2024 peak, trading around $0.26 today. Some technical analysts point to a chart floor at $0.25. A breach there could push SEI closer to $0.20, which would put pressure on holders who bought in at higher levels. Related Reading: 2% Of All XRP Is In His Hands — But Who Is He? Sei Price Forecast According to current projections, SEI is set to drop by 25% and reach $0.19 by August 8, 2025. Based on technical indicators, market sentiment remains Bullish while the Fear & Greed Index sits at 66 (Greed). Over the last 30 days, SEI logged 17/30 (57%) green days and saw 19% price swings in that window. These figures suggest that short‑term dips could be sharp, but buyers may view lower prices as a chance to get in. Featured image from Unsplash, chart from TradingView
XRP price has witnessed a sharp upward movement in recent sessions, driven primarily by a series of impactful developments surrounding Ripple’s broader regulatory and institutional strategy. The recent filing for a U.S. banking license, the announcement of a USD-backed stablecoin supported by a major custody provider, and CEO Brad Garlinghouse’s appearance before the U.S. Senate …
A sudden social media jab sent Solana’s Peanut the Squirrel token soaring this week. In a Tuesday post, billionaire Elon Musk criticized US authorities for ignoring names on the Jeffrey Epstein “client list”, quipping that “more squirrels and raccoons have been arrested” than any Epstein affiliates. Related Reading: XRP Could Hit $35 If It Captures A Quarter Of Remittance Market By 2029 A nod to a squirrel named Peanut—said to have been “arrested (and killed)”—coincided with a sharp pop in the PNUT token’s value. According to on‑chain data, PNUT climbed over 10% in 24 hours, touching $0.23 at one point. Elon Musk Highlights Justice Concerns Based on reports, Musk’s post racked up more than 13.7 million views within hours. Traders quickly linked “Peanut” to the PNUT ticker. Almost immediately, PNUT price rose from about $0.22 to $0.23. Peanut price up in the last 24 hours. Source: Coingecko The token’s 24‑hour trading volume jumped roughly 80%, crossing $215 million. Market watchers estimate PNUT’s market cap now sits near $224 million, out of a total supply approaching 1 billion tokens. Market Reaction Follows Viral Meme Meme tokens often depend on hype, and PNUT was no exception. After Musk’s message spread, order books filled fast. Buy orders outnumbered sells, driving price momentum. Crypto bots and retail traders piled in, hoping to catch the wave. Some investors told reporters they moved funds into PNUT within minutes of seeing Musk’s post. They arrested (and killed) Peanut, but have not even tried to file charges against anyone on the Epstein client list. Government is deeply broken. pic.twitter.com/YndRadQUBE — Elon Musk (@elonmusk) July 8, 2025 Token Jump Drives Trading Frenzy Solana’s speedy network helped too. Transactions cleared in seconds, letting traders react without delay. That low‑fee environment amplifies meme coin rallies: when hype hits, people can buy or sell without worrying about high gas costs. In this case, volume spiked from around $120 million to $214 million in under a day. Related Reading: 2% Of All XRP Is In His Hands — But Who Is He? Looking Ahead, Caution Advised Despite the rush, crypto veterans warn that PNUT’s gains could reverse just as fast. Meme tokens lack fundamentals, and hype fades quickly. Traders could face losses if views shift or if Musk moves on to the next joke. For now, Musk’s satirical jab has put Peanut the Squirrel on center stage. Whether PNUT can hold its gains may depend on more viral moments—and on whether investors remember to take profits before the next twist. No ‘Client List’ Meanwhile, according to a memo obtained by Axios, the Justice Department and FBI under US President Donald Trump found no evidence that convicted sex offender Jeffrey Epstein blackmailed powerful individuals, kept a “client list,” or was murdered. Featured image from Meta, chart from TradingView