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#bitcoin #crypto #whales #xrp #altcoins #cryptocurrency market news #xrpusd #whale alert

San Francisco-based Ripple has transferred 200 million XRP tokens, worth approximately $400 million, between company-controlled wallets. The massive movement occurred today and was first spotted by cryptocurrency tracking service Whale Alert. Related Reading: Bitcoin Maxi Takes Aim: Ethereum’s True Value? Lower Than You Think Tracking The Money Trail The transaction initially appeared to be heading to an unknown destination when Whale Alert reported the funds moving to an unidentified address ‘rP4X2…sKxv3’. But blockchain analytics platform Bithomp later clarified that both the sending and receiving wallets belong to Ripple. The receiving wallet was created by Ripple on October 2, 2023, with an initial funding of 70 million XRP. Since its creation, this wallet has only interacted with other Ripple-linked addresses, strengthening the evidence that this was an internal transfer rather than funds moving to an outside entity or exchange. ???? ???? ???? ???? ???? ???? ???? ???? ???? ???? 200,000,000 #XRP (402,739,474 USD) transferred from #Ripple to unknown wallethttps://t.co/cZz7k5fum8 — Whale Alert (@whale_alert) April 11, 2025 Why The Big Money Move According to crypto community figure XRP_Liquidity, who tracks Ripple’s token movements, the transaction represents standard treasury management – Ripple simply shifting money between its own accounts. The 200 million XRP tokens remain untouched at the receiving address, suggesting no immediate plans for their use. The receiving wallet now holds around 290 million XRP tokens, valued at about $577 million as of the current XRP price of $2.04 per token, based on figures by Coingecko. According to historical trends, the funds can be used for various purposes in Ripple’s business operations. They can be used to finance On-Demand Liquidity (recently renamed Ripple Payments), finance exchange-traded products that mirror XRP’s value, or give liquidity to cryptocurrency exchanges where XRP is listed. The Bigger Financial Picture The sending wallet didn’t empty its cash register with this transfer. It still contains 200 million XRP tokens. That wallet had received 300 million XRP on April 2 from another Ripple-linked address, which itself had received 500 million XRP from Ripple’s monthly escrow release. Ripple maintains most of its XRP holdings in escrow accounts, with programmed releases occurring monthly. The April release showed unusual timing compared to Ripple’s standard practice. Related Reading: XRP ETF Launch Impresses Even In Bear Market, Says Analyst Breaking From Routine Ripple broke from its traditional first-of-month schedule for its April token release. Instead of unlocking the funds on April 1, the company first returned 700 million XRP to escrow, then released 1 billion XRP on April 3. This shift in schedule runs counter to Ripple’s established tradition of releasing tokens on the first day of each month, although the company has not commented publicly on its reasoning for this timing change. The wallet transactions are significant, as XRP trades at over $2 per token, giving the cryptocurrency such a high valuation that even normal transfers are worth several hundreds of millions of dollars. These huge transfers are usually followed closely by crypto market watchers, as they can on occasion be indicative of any potential future market move or strategic decision taken by the company. Featured image from Gemini Imagen, chart from TradingView

#cryptocurrency market news

The IRS revised its definition of a broker last year to include decentralized cryptocurrency exchanges (DEX). However, Trump has now signed a new law that will overturn this change, thereby exempting DEXs from IRS regulations. Keep reading to understand its implications, how it’s yet another pro-crypto move by the new president, and how you can benefit from this by buying the best presales. DEXs No Longer Brokers, Says Trump A lot of DeFi exchanges had objected to their inclusion as brokers by the IRS. Logically, unlike centralized exchanges (CEX), which act as intermediaries between buyers and sellers, decentralized exchanges look to eliminate the middleman so that market participants can transact directly. This increases anonymity on the blockchain. However, the IRS had tax evasion concerns, hence the inclusion. The IRS believed that a lot of crypto holders aren’t paying taxes. This is why it required decentralized exchanges to send tax forms to the IRS besides, of course, crypto holders. Given the anonymity of blockchains, this was always a difficult task. The concern has now been adequately dealt with by the ‘crypto president,’ and DEXs will no longer be considered as a broker for tax purposes. A Huge Boost to DEX Positive crypto regulations were one of the major promises Trump had made during his presidential campaign. With this latest relief, the entire DEX industry has dodged a bullet. Being classified as a broker would have increased regulatory compliance, adding a lot of hindrance to its day-to-day work. Now that the uncertainty is gone, it will make it easier for decentralized platforms to operate and innovate, which will increase trading volumes. The total 24-hour trading volume on DEXs right now is $5.91B, which is expected to increase going forward. Plus, most newly launched cryptos usually trade on DEXs, driving more traders to these platforms. If you’re also looking to benefit from the upcoming DEX market growth, here are three new cryptos you should not miss out on. 1. MIND of Pepe ($MIND) – Revolutionary AI Crypto Offering Investment Advice With crypto trading set to receive a push by Trump’s new mandate, this could be the right time to invest in a new cryptocurrency like MIND of Pepe ($MIND), which has been specifically designed to revolutionize crypto investing. $MIND is an AI agent programmed to talk to the crypto community on online platforms like X. By hearing out and then analyzing countless people’s biases towards crypto, MIND of Pepe will be able to find the crypto coins most likely to explode next. Manually doing so, i.e., studying market sentiments to identify purchase-worthy meme coins and altcoins, is nearly impossible. Thanks to $MIND’s cutting-edge AI technology, though, crypto investing will be much simpler. As a $MIND token holder, you’ll benefit not only from the AI agent’s exclusive investing recommendations but also from the increase in the token’s price once it launches. As per our $MIND price prediction, the token could reach as high as $0.0263 by the end of 2030. This translates to a nearly 710% potential gain if you buy $MIND now. Each token is currently available for just $0.0037015, and the project has raised nearly $8M in presale funding. For more info, here’s a guide on how to buy MIND of Pepe. 2. BTC Bull Token ($BTCBULL) – Best Presale to Buy for Bitcoin Maximalists Bitcoin shot up by over 5% immediately after Trump’s tariff pause. This shows just how positively it can react to favorable macroeconomic conditions. In light of Trump’s pro-crypto attitude, we can reasonably expect Bitcoin (and crypto) to rally higher in the near future. When that happens, holders of the BTC Bull Token ($BTCBULL) will rejoice the most. That’s because $BTCBULL will offer real (and free) $BTC to its token holders every time the OG crypto smashes through a new milestone, like $150K, $200K, and $250K. All you have to do to be eligible for free bitcoins is buy and HODL $BTCBULL tokens in Best Wallet. Additionally, the project’s creators have decided to follow a deflationary model. This means they’ll eliminate a portion of the total $BTCBULL token supply at regular intervals. The logic behind this is simple. Strangle supply to effect an increase in demand and, ultimately, an increase in BTC Bull Token‘s price. The best altcoins follow this tactic. After careful research, our $BTCBULL price prediction has put the token’s price at $0.0096 by the end of 2026. Currently, though, the token is selling for just $0.002455. It’s one of the best cheap cryptos because it’s in presale, where it has already raised over $4.5M. 3. PepeX ($PEPX) – First-Ever AI-Powered No-Code Launchpad for Meme Coins PepeX ($PEPX) takes a leaf out of the OG Pepe, which was one of the best meme coins of all time. However, although $PEPX has a similar frog-themed mascot, there’s nothing old-school about this AI-based crypto project. Self-proclaimed as the first-ever AI-powered no-code launchpad for meme coins, PepeX aims to revolutionize how meme coins are built. Essentially, it no longer wants only cunning developers to possess the power of creating meme coins. Instead, by offering a platform that can create meme coins with just prompts, PepeX will tear down the barriers the industry has put on token creation with full-stack development. Non-tech-savvy crypto enthusiasts like us will be able to create, promote, and manage our own meme coins thanks to PepeX’s AI agents. Even better, these AI agents will also integrate with X and Telegram, which have emerged as the go-to platforms for the marketing of new meme coins on presale. You won’t have to worry about security, either. PepeX employs on-chain monitoring and anti-sniping tech to ensure transparency and fairness in the distribution and trading of your meme coins. $PEPX is currently in presale and has already amassed over $1.3M. You can grab one token for only $0.0268 if you get in now. Bottom Line Even with the best presales in your portfolio, there’s no guarantee that you won’t make losses. As such, only invest an amount that you’re comfortable with, and do your own research before investing. As always, none of the above is a replacement for financial advice from a qualified professional.

#ethereum #ethereum price #eth #cryptocurrency market news #ethusdt #crypto market recovery #crypto analyst #crypto trader #crypto investors #ethereum breakout #crypto market correction #trump tariffs #us president donald trump

Ethereum (ETH) has recovered 10% in the past 24 hours, driven by the US administration’s 90-day pause on the trade tariffs for over 75 nations. The second-largest crypto by market capitalization now targets the $1,800 resistance as the next key level to reclaim for a rally continuation. Related Reading: Bitcoin (BTC) Jumps To $82,000 As Trump Announces 90-Day Pause On Tariffs Except China Ethereum Jumps To $1,600 Ethereum’s price hit a 2-year low of $1,385 during this week’s correction, fueling a bearish sentiment among many investors. The cryptocurrency lost the lower zone of its $2,100-$3,900 macro range on March 9 and has retraced around 16% in the past month. Since then, Ethereum eyed a retest of historical demand zones, dropping below the $1,640 area to hit this week’s lows. As a result, many analysts have noted that ETH’s bleeding might not be over, and a retest of the $1,000-1,200 price range is likely if the king of altcoins doesn’t reclaim key levels. Amid its recent performance, ETH dropped below its realized price by accumulating address of $2,000, which some market watchers consider a potential bottom sign. According to research and analytics platform Crypto Rank, the last time Ethereum fell below this level was in March 2020, when the price dropped from $283 to $109 before significantly recovering in the coming months. Notably, US President Donald Trump’s 90-day pause on tariffs for multiple nations, except China, saw the crypto market and stock prices soar, with Ethereum recovering 10% in an hour. Is A Breakout In The Horizon? Analyst Titan of Crypto noted that Ethereum could be on the verge of a comeback based on the ETH/BTC trading pair. In the ETH/BTC chart, the “RSI is showing a familiar pattern. One that previously signaled a potential shift in momentum.” Notably, the multi-year chart shows that the pair tested the trendline three times before momentum shifted and the ETH price surged toward its 2021 ATH. Similarly, the pair has tested the trendline thrice since 2022, suggesting the cryptocurrency might be headed for a comeback. Analyst Crypto Bullet considers a weekly close above $1,550, a key historical support level, necessary for ETH’s bullish momentum. Meanwhile, pseudonym trader Lluciano affirmed that Ethereum “is showing signs of a breakout after holding strong at key support.” Related Reading: Solana (SOL) Needs 15% Bounce After Multi-Year Support Retest, Recovery Ahead? Yesterday, ETH, which was retesting the 2018 all-time high (ATH) levels, jumped from $1,480 to $1,600, briefly nearing the $1,700 resistance before stabilizing between the $1,580-$1,640 price range. He pointed out that “the market could be ready for a bullish reversal” as the cryptocurrency has formed a falling wedge pattern. Per the post, if ETH breaks above the pattern’s upper trendline, at around the $1,840 mark, ETH could see “significant gains” and rally toward higher levels. As of this writing, Ethereum trades at $1,566, an 11% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

#cryptocurrency market news

Kraken, the popular cryptocurrency platform, has partnered with MasterCard, which will allow users to spend their crypto assets, from established best altcoins to new meme coins, directly at more than 150M merchants. This partnership can be a historic move in the payment industry, as it will allow users to pay for real-world goods and services with their crypto holdings, just like they spend cash. Read on as we explore the specifics of this announcement and talk briefly about the UK’s changing relationship with crypto. We’ll also point you toward the best altcoins to buy now. Kraken’s Crypto Ambitions Kraken plans to launch physical and digital debit cards in the weeks to come, which will help bridge the gap between everyday spending and the crypto economy. Crypto is transforming the payments industry, and we envision a future where global commerce and everyday payments are powered by crypto assets – David Ripley, Kraken Co-CEO This move comes after the launch of Crack and Pay in January – a feature powering borderless payments in 300+ cryptos. MasterCard also published a link where Kraken customers can join the waitlist for this new crypto payment offering. UK Mulling over Stricter Crypto Regulations At a time when the US and other large economies have liberalized crypto regulation, the UK seems to be adopting a stricter approach. The UK’s Financial Conduct Authority (FCA) is reportedly working on a gateway authorization regime with implications far beyond anti-money laundering (AML) checks. As per reports, the FCA wants to regulate activities such as stablecoin issuance, crypto lending, exchange activities, and payment services. Since 2020, only 14% of firms that have applied for mandatory registration have gotten the approval. Out of this, BlackRock is the latest addition to the FCA register. That said, the new proposed regulations can make crypto business a lot harder in the United Kingdom. For instance, if MasterCard is planning to launch debit cards for crypto payments, it’ll be much harder for it to do so in the UK in light of these regulations. And this isn’t a UK problem alone since crypto has global implications. This decision also comes at a time when six UK digital economy trade bodies have written a letter to the UK Prime Minister to appoint a special team for crypto and digital asset regulation management in the country. Just like the US has done. The letter underlines that blockchain and crypto can add $73.6B to the UK economy in the next 10 years. Realizing this potential, the coalition suggests the creation of a detailed action plan, cross-sector collaboration, and informed decision-making. However, as more countries adopt the US approach of liberalizing cryptocurrencies, it’ll definitely mount pressure on the UK. Growing mainstream adoption will help the market rebound. It also presents retail investors like us with a great opportunity to invest in promising crypto assets. If you don’t know where to look, here are three suggestions. 1. BTC Bull Token ($BTCBULL) – Best Altcoin to Buy Right Now There’s little doubt over the fact that Bitcoin ($BTC) will receive the biggest push with the growing crypto adoption in the UK and worldwide. Also, with $BTC showing signs of a reversal (it’s taking support on the 50 EMA), the time is ripe to capitalize on the King Crypto. And  BTC Bull Token ($BTCBULL) might just be the best crypto to buy to rally alongside $BTC’s growth. It’s the ONLY crypto right now offering free (and real) $BTC to token holders. The only mandatory requirement is to hold your $BTCBULL in Best Wallet. Now, the biggest reason we’re confident about BTC Bull Token following $BTC’s price is that the aforementioned airdrops will take place every time $BTC reaches a new milestone, such as $150K and $200K. Although this game plan already sounds like a surefire winner, the developers have further bolstered the token’s future by scheduling regular token burns. These will artificially contract the total supply, and as investors rush to grab the few remaining $BTCBULL tokens, their price will most likely see an uptick. In fact, our BTC Bull Token price prediction suggests that the token could climb as high as $0.0096 by the end of 2026. So, if you get in now (when the price is just $0.002455), you’ll be able to generate nearly 400% returns. The project has so far raised over $4.5M, and here’s a detailed guide on how to buy $BTCBULL. 2. SUBBD Token ($SUBBD) – Revolutionizing the Online Creator Economy with AI and Crypto The SUBBD platform is, quite frankly, a relief to the $85B subscription-based creator industry. It’s the first-ever AI-powered crypto subscription platform that aims to streamline content production, management, and distribution. Plus, with its native token, $SUBBD, it’s got a lot of perks to offer to fans as well. A huge reason we believe SUBBD Token ($SUBBD) has serious potential is how it plans to reduce the distance between the creators and their fans. With AI live streams, direct chat, and the ability to request personalized content, $SUBBD will help fans get closer to their favorite creators, which was the point all along. What’s more, as a $SUBBD token holder, you’ll also receive subscription discounts, loyalty rewards, and the earliest access to new platform features. You’ll get governance rights, too. This means you’ll be able to vote on matters, such as which features the developers should prioritize, which creators should/should not be onboarded, themes, etc. The best part? You can buy $SUBBD, one of the best new cryptocurrencies, for just $0.055125. That’s because the token is currently on presale. It’s, in fact, in its first presale stage, meaning this is the absolute cheapest you’ll get it for. And with $SUBBD price prediction targeting $0.668 by the end of 2026, early adopters may see a nearly 1,200% gain over the current price. 3. Fartcoin ($FARTCOIN) – Pure Meme Coin Enjoying the Market’s Favor In light of new crypto partnerships being forged and Trump finally agreeing to pause his reciprocal tariffs, Fartcoin ($FARTCOIN) has emerged as one of the top trending cryptos. With full-blown degen energy backing this absurdly themed meme coin, it has jumped over 91% in the last seven days – and it’s up 202% in just the last month. Take that, crypto pessimists! What’s $FARTCOIN, you ask? Built on a suggestion by the Truth Terminal AI chatbot, Fartcoin came into existence as a result of Elon Musk’s fascination with fart jokes. Cut to Fartcoin, it rewards token holders with free cryptos if they submit fart jokes. Absurd, surely, but as is the case with the best meme coins, it doesn’t have to make sense to make you money. Currently trading at $0.6983, $FARTCOIN is in a pole position to rally higher. Best Altcoins to Ride the UK Crypto Hype Wave As crypto grows more legs with new partnerships and new markets being unlocked, the above-mentioned are the next crypto likely to explode. However, it’s important to remember that returns aren’t guaranteed. The crypto market does as it pleases, after all. With volatility being the main portfolio killer, make sure you don’t invest more than you’re willing to lose. Also, please do your own research, as none of what we put out is a substitute for financial advice.

#cryptocurrency market news

In one of the biggest deals in the crypto industry, Ripple is set to acquire prime brokerage firm Hidden Road for $1.25B. Could this, along with the launch of the new XRP ETF, be the positive signals crypto buyers need right now? Read until the end because we’ll also list three other altcoins that are locked and loaded to be the next crypto to explode in a market turn. Understanding Ripple’s Hidden Road Acquisition Hidden Road is a leading player in the brokerage industry, offering services like custody, borrowing, lending, and trading to large institutions. It currently caters to 300+ institutional clients with an annual clearing of $3T. Acquiring Hidden Road makes Ripple the only crypto company to own a global multi-asset prime broker. This acquisition is a landmark move for Ripple as it looks to become a serious institutional finance player instead of just a crypto company. It would also boost the status of Ripple USD ($RLUSD) as a stablecoin. $RLUSD is expected to be used as collateral in Hidden Road’s brokerage services, lending the crypto more credibility.Hidden Road will also shift its post-trade operations to the XRP Ledger, strengthening its bid as a scalable and cost-efficient blockchain for use by large institutional players. Hidden Road gets the opportunity to explore new markets and grow globally. It also looks to become a more blockchain-native prime broker by leveraging Ripple’s experience with digital asset infrastructure. The New 2X Leveraged XRP ETF In related news, Teucrium Investment Advisors announced the launch of a 2X leveraged XRP ETF on NYSE Arca on April 8. As the name suggests, the fund will move up to 2x correlation with the $XRP token and is aimed at short-term and day traders. This comes at a time when a bunch of XRP ETF proposals are pending with the SEC. Ever since the first Bitcoin ETF was approved, there has been a swarm of applications for an ETF linked to cryptocurrencies, such as Dogecoin, Solana, Litecoin, and XRP. In light of Trump’s pro-crypto regulations and increasing fund flow in crypto assets amidst sluggish digital asset performance, this can be a perfect time to follow the classic ‘buy the dip’ strategy. Although the crypto markets have tanked during the past month, the low prices are ripe for the plucking, while the industry just keeps reaching new highs of innovation. If you’re looking to invest in value-driven crypto assets with great potential, here are a few tokens you just can’t afford to ignore. 1. Solaxy ($SOLX) – Token Building Debut Solana L2 Most Likely to Be the Next Crypto to Explode Solaxy ($SOLX) is among the best cryptos to buy now if you’re after utility-based meme coins that have both market hype and fundamentals in their corner. By building the first-ever Layer 2 protocol on the OG home of the meme coins, Solana, Solaxy aims to revitalize the entire crypto industry. That’s some goal for a startup token, but one for which it’s raised nearly $30M in presale already. The plan is to make a way to process a sizable portion of Solana’s total transactions on a side chain built on Ethereum. This will significantly reduce the burden on Solana’s mainnet, which has been overloaded because of the spike in activity on the network after the launch of hugely popular meme coins like $TRUMP and $MELANIA. Additionally, Solaxy will process transactions in batches. That way, in addition to making Solana quicker and more efficient, Solaxy will also make it more affordable. Given Solaxy’s potential to help Solana remain the home of the meme coins, it’s predicted to reach $0.2 by 2030. That’s a nearly 12,000% gain over $SOLX’s current price of $0.001688. You can buy this extra cheap crypto by visiting the official Solaxy website. For more info, here’s a guide on how to buy $SOLX. 2. Best Wallet Token ($BEST) – Token Behind the Best Crypto Wallet on the Market Right Now Best Wallet Token ($BEST) is the native token of the Best Wallet App, which is a secure and easy-to-use crypto wallet. As part of its promise to put the power back in the hands of crypto investors, Best Wallet is fully non-custodial. This means you have total control over the private keys of your wallet. In other words, no one can access your stored crypto, not even the people at Best Wallet. Next, it uses class-leading cryptographic techniques and provides reliable 2FA/MFA to ensure watertight privacy and security. What’s more, Best Wallet is also the only crypto wallet that lets you directly buy top meme coins on presale from within the app. The app aims to capture over 40% of the non-custodial crypto wallet market by 2026. Buy the $BEST token, and you can ride that growth all the way to the bank. $BEST holders enjoy other perks: lower transaction fees on Best Wallet and staking rewards (currently 134%), as well as early-bird access to the best crypto presales. The good news is $BEST is still in presale, where it’s raised over $11.6M so far. Here’s more on how to buy $BEST; one token is going for a low $0.02465 at the time of publishing. 3. OFFICIAL TRUMP ($TRUMP) – Token of Crypto President Trump $TRUMP, Donald Trump’s very own meme coin, is clearly in troubled waters right now. But its low price right now isn’t the only reason we think it could be one of the best cryptos to invest in today. The biggest factor here is, of course, Donald Trump’s pro-crypto stance. The fact that he delivered on his promise to make crypto-friendly regulatory and policy changes is nothing to sniff at. In fact, that was the sole reason $TRUMP shot up by more than 12,000% immediately after its launch. The token, which is a direct reflection of the president’s popularity among the crypto community, has indeed tanked on the back of his steadfastness regarding the reciprocal tariffs. However, with the tariffs expected to be put on hold (if not relaxed) sooner rather than later and Trump continuing his good work for crypto, $TRUMP should see green days ahead. When that happens, investors who get in now for just $7.48 per token will take home some pretty mind-boggling gains. Final Verdict While the short-term turbulence in the crypto market continues, the long-term view remains positive. This is reinforced by a slew of ETF launches and large crypto companies like Ripple aggressively expanding despite the market’s mood. While a long-term bullish outlook would see this as a perfect time to buy high-quality cryptos for less, the current volatility calls for caution. That means using only a small amount for your crypto investments, diversifying your portfolio, and, most importantly, doing your own research before investing. As always, none of the above is supposed to be considered a substitute for financial advice from a professional.

#solana #sol #solana price #cryptocurrency market news #solusdt #crypto market recovery #crypto analyst #crypto trader #crypto investors #solana analysis #memecoin frenzy #crypto market correction #trump tariffs

Amid the market correction, Solana (SOL) has reclaimed the $100 mark after dropping below this crucial support for the first time in over a year. However, some analysts consider a 15% bounce toward a key historical support is necessary to target higher levels. Related Reading: Bitcoin Headed To $69,000? Analyst Says BTC’s Short-Term Future Hangs On These Levels Is Solana Bull Run Over? Solana hit a 14-month low on Monday after falling 20% in 24 hours, momentarily trading around the $95 mark for the first time since February 2024. After the correction, SOL bounced around 18% to $112 before retracing toward the $100-$110 price range. Fueled by the market’s memecoin frenzy, the altcoin was one of the leading cryptocurrencies last year, hitting an all-time high (ATH) of $270 on January 19. Since then, the cryptocurrency has dropped over 63% from the start-of-year highs. During the Q1 retraces, Solana retested the $120 support zone several times, bouncing from the range, which served as a crucial level during the 2021 and 2024 rallies. However, several analysts pointed out that the support weakened with each retest, and losing that level could see Solana fall under the $100 mark and risk a 50% drop to the $60 support zone. After dropping below the key barrier, trader Crypto Bullet highlighted that SOL’s recent price action broke below August 5 lows, which signals that the cryptocurrency’s bull market could be over. According to the trader, Solana had a “clear 5-wave impulse to the upside that ended in January with TRUMP coin blow-off top,” which suggests a corrective a, b, c zigzag will follow. Based on this, the trader expects “a good mid-term bounce to ~$200 (Lower High)” for wave b and a drop to the $30-$40 price range for wave c. SOL Needs 15% Jump Analyst Ted Pillows considers that Solana could see a massive rally after the correction. He explained that SOL bounced from its multi-year ascending support trendline, a key rebound point in Q3 2023. The last time Solana retested this trendline, it rallied 1,000% toward the $270 mark. If the cryptocurrency holds this level, the analyst considers that SOL could bounce to its ATH in the coming months. Meanwhile, several analysts noted that recovering the $120 support zone is crucial after the recent price action, as this level could determine the altcoin’s next move again. Related Reading: XRP Breaks Out Of Head-And-Shoulders Pattern — Eyes Move Toward $1.30 Sjuul from AltCryptoGems highlighted that SOL needs to “give a clear bounce and reclaim the $120 level” now that “liquidity is taken.” He asserted that failing to recover this key range would suggest that another drop could be ahead. Similarly, Ali Martinez pointed out that Solana’s TD Sequential flashes a buy signal on the weekly chart. Per the post, SOL “needs to stay above $95 and break $121 to set the stage for a rally toward $147.” As of this writing, Solana trades at $105, a 1% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

#cryptocurrency market news

The Trump-backed decentralized crypto project, World Liberty Financial (WLFI), has published a proposal to airdrop free $USD1 stablecoins to all current $WLFI token holders. In this article, we’ll unpack the several positives that could come out of this, how it’s a telling sign that the industry is leaning towards cryptos that reward HODLers, and what are the best presales you could buy right now. Impact of WLFI’s Stablecoin Airdrop Decision This particular move will serve several purposes. First, it’s an excellent way to reward and thank $WLFI token holders who have supported the project from the onset. Second, it allows WLFI to test the airdrop system to ensure the infrastructure is working as expected. Testing the airdrop mechanism in a live setting is a necessary step to ensure smart contract functionality and readiness – WLFI Last but not least, it will also be good marketing for the $USD1 stablecoin, increasing its visibility and awareness before a broader market rollout. The good thing is that there’s no minimum amount of $WLFI tokens that you need to hold to be eligible for the airdrop – every holder gets a piece of the cake. The exact time and amount of the airdrop are yet unknown. Trump’s Vested Interest Ever since Trump’s election as the president, lawmakers have raised concerns over his active involvement in the crypto markets. Democrats also floated a proposal that would bar cabinet members, presidents, and their families from launching their own tokens. This was done after Trump and First Lady Melania launched their own meme coins, $TRUMP and $MELANIA, just before the oath-taking ceremony. Plus, out of WLFI’s $550M token sales, around $390M flowed from DT Marks DEFI LLC, an entity linked to the Trump family. However, this proposed airdrop is a testament to the benefits of early investments in promising projects. Besides buying tokens at a low price, you could get perks like governance rights, airdrops, and exclusive access to features that are not usually available to regular investors. If you’re also looking to buy some crypto assets in their early stages, here are some new meme coins on presale you cannot miss out on. 1. SUBBD Token ($SUBBD) – Best Presale Right Now Offering Exciting Benefits for Content Creators and Fans SUBBD Token ($SUBBD) is freshly out on presale, but its performance already suggests it could be the next crypto to explode. The SUBBD platform is a decentralized ecosystem offering AI-powered automation and tokenization, aiming to revolutionize how online content creators interact with their followers. This way, creators will be able to better manage the content they publish. As for the fans, they’ll enjoy exclusive access to their favorite creators’ content, who will be incentivized to gatekeep it on SUBBD. To make the most of the SUBBD platform, though, you must buy $SUBBD, the platform’s native token and one of the best cryptos to buy now. $SUBBD holders will get subscription discounts, early-bird access to upcoming features, loyalty benefits, and, of course, staking rewards. What’s more, as per SUBBD Token’s whitepaper, the platform will soon launch AI-powered influencer creation and image generation tools, live streams, and a full-blown app for creators. Considering SUBBD’s unique value proposition – as well as its clear-cut roadmap – it’s hardly a surprise that its presale, which launched just a few days ago, has already crossed the $100K mark. One $SUBBD is currently available for only $0.0551, but interested investors should hurry up because the price will increase in less than 26 hours from now. 2. MIND of Pepe ($MIND) – AI Agent Token Offering Crypto Investment Advice MIND of Pepe ($MIND) is another top altcoin on presale that unlocks its holders a slew of mind-blowing perks and real-life benefits. It’s a self-evolving and fully autonomous AI agent that lives on the internet – on dApps and social media platforms like X, to be precise. There, it talks to crypto influencers and traders and soaks in their biases and opinions on crypto. Next, MIND of Pepe uses its cutting-edge hive-mind intelligence to comb through all the data it has collected and find out which cryptocurrencies enjoy the market’s favor and are, therefore, worth investing in. Simply put, MIND of Pepe is an AI agent coin that will study the online chatter surrounding crypto to identify tokens most likely to generate returns. Another reason our $MIND price prediction suggests that it could reach 0.0263 by 2030 is that the developers will soon lend it the ability to launch its own tokens. Because MIND will create these cryptos based on what’s trending, they’ll be in a pole position to climb higher. It’s worth noting, though, that the only way you get access to MIND of Pepe’s insights and purchase recommendations is by becoming a $MIND token holder. $MIND is currently on presale ($7.8M+ raised), and each token is selling for just $0.0036965. Here’s how to buy it. 3. Bitcoin Pepe ($BPEP) – Popular New Crypto Project Building Debut Meme L2 on Bitcoin Although BTC Bull Token ($BTCBULL) is inarguably the best Bitcoin-themed meme coin on the market right now, Bitcoin Pepe’s mission of creating the first-ever meme coin Layer-2 on the Bitcoin blockchain is nothing to sniff at, either. You could say $BPEP is essentially taking a leaf out of Solana’s book, as it’s looking to create a native infrastructure for the best meme coins on Bitcoin itself. To do this, Bitcoin Pepe plans to combine Solana’s speed and low fees with Bitcoin’s liquidity. This will not only ensure that transactions are executed quickly but also motivate meme coin degens not to shy away from making multiple trades (or scalps). If you like what you see and want to back Bitcoin Pepe, consider becoming an investor in it. The token, $BPEP, is currently on presale, meaning you can grab it at a low price of $0.0295. The project has raised an impressive $6.25M so far and is easily among the best low-cap cryptos to buy now. Bottom Line The best presales typically offer handsome rewards to loyal HODLers, which is also a smart way of generating hype and hopping onto the list of the top trending cryptos. However, even then, they’re rarely immune to the larger crypto market’s mood, which can be pretty volatile. Therefore, in addition to considering exclusive holder benefits, also look at the project’s fundamentals. And most importantly, do your own research before investing. Our guides are not financial advice.

#solana #sol #solana price #sol price #cryptocurrency market news #solusd #solusdt #solana news #sol news #solana market cap

Solana has taken a sharp nosedive, losing nearly 22% of its value and trading around $98.09. This steep drop has sent shockwaves through the crypto community, sparking fears of an imminent larger breakdown. SOL is now flashing red across the board, with sellers firmly in control and bulls scrambling to defend critical levels. The decline highlights increasing bearish sentiment, likely fueled by technical breakdowns, weak market confidence, and rising concerns over broader economic trends. With the $100 psychological barrier now broken, all eyes are on the next key support zones. Is A Deeper Correction On The Horizon? In his recent post on X, King_Ab highlighted that Solana is currently trading around $98.09, marking a sharp 21.84% drop from its previous close. He further noted that the day’s trading session has been highly volatile, with SOL reaching a high of $120.07 and dipping as low as $98.06, underscoring the intense pressure in the market. Related Reading: Solana (SOL) Freefall—Can It Hold Above The $100 Danger Zone? According to King_Ab, this substantial drop in Solana reflects the broader downturn witnessed across the cryptocurrency market over the past week. The decline isn’t isolated but rather part of a wider trend of risk-off sentiment as investors react to global macroeconomic uncertainty and shifting market dynamics.  He pointed out that Solana’s market capitalization currently stands at approximately $51.15 billion, while its 24-hour trading volume hovers around $5.17 billion, indicating sustained trading activity despite the sharp correction. This combination of declining price and high volume could suggest either panic-driven sell-offs or aggressive repositioning by market participants Critical Support Breached: Can Solana Hold The Line Below $100? Solana’s drop below the key $100 mark signals a potential shift in momentum from bullish to bearish. This level has previously acted as a solid support zone, providing a bounce point during corrections. However, with the recent 21% decline, that line has been breached, and market sentiment is growing increasingly cautious. Related Reading: Solana Faces Defining Level At $120 – Will History Repeat? For SOL to regain its bullish momentum, it needs to swiftly reclaim and sustain levels above $100 to avoid further downside pressure. If this key level remains unheld, Solana might drop to the next support zone around $79.25. A break below this level could accelerate bearish sentiments, opening the door for an extended decline toward the $58.25 support area, where the bears may gain additional control. At this critical juncture, it’s essential to closely watch the price action for signs of stabilization or the risk of continued capitulation. As the bearish volume rises, Solana’s ability to reclaim the broken support level will likely dictate its short-term trajectory. Whether the price can recover above key levels will be a decisive factor in determining if the downtrend will persist or if a reversal is on the horizon. Featured image from Unsplash, chart from Tradingview.com

#cryptocurrency market news

Trump’s tariffs have wreaked havoc across global markets in what investors are calling ‘Black Monday.’ The relentless bloodbath that’s torn through Wall Street and the crypto markets has deflated most, but not all, investors’ hopes. Read on as we examine how the markets have balked in anticipation of the imminent tariffs, as well as some calls for a pause doing the rounds. Could some of the best presales provide a way to escape the current uncertainty? Let’s break it down. Red Therapy in the Stock and Crypto Markets NASDAQ is down 11% in the last two trading sessions. $BTC has also broken its support around $77K and is down 11% since Friday. $ETH has also seen fresh lows of $1,429 after falling 20%. Hedge fund giant Bill Ackman has proposed a 90-day halt on tariffs to let the markets catch a breath. Despite being an ardent Trump supporter, ‘This is not what we voted for,’ Ackman posted on X. Trump imposed a 10% baseline tariff on all US imports and additional reciprocal tariffs on ‘friends and enemies,’ which will go into effect on April 9. Ackman says that a move like this could dent global confidence in the US as a trade partner and push the US economy into a nuclear winter. Is a Tariff Pause a Good Idea? Ackman argues the economy simply isn’t ready for massive tariff shocks like these, and that a temporary halt would give investors more time to adjust to the situation. Van de Poppe, founder of MN Consultancy, on the other hand, agrees with Trump that tariffs may be the only way to stimulate domestic production and propel the US economy. However, he believes these tariffs might only be a temporary move and could be reversed in six to 12 months. The tariff effect might also lead the Fed to slash interest rates and buy bonds to inject liquidity into the markets, thereby entering a quantitative easing (QE) cycle. If this happens, Bitcoin and other cryptocurrencies might start reclaiming their highs and even make fresh ones. Amid all this panic, the fact remains. This is a classic ‘buy the dip’ opportunity. History has shown that real wealth is made when fear looms large and there’s blood on the streets. Looking to add alternative crypto assets to your portfolio to weather the bumpy months ahead? Take a look at these promising new tokens on presale. As they’re not yet publicly listed or traded, the prices of crypto presales tokens are immune to current market movements. They rise with every stage of the presale, despite what’s happening in the larger markets. The hope is when they launch, the winds are a lot more favorable. 1. BTC Bull Token ($BTCBULL) – Best Presale to Invest in Right Now Although Trump’s tariffs are the primary cause of sleeplessness among Bitcoin traders, it’s important to remember how his pro-crypto stance has breathed new life into the crypto sphere in the past year. Trump has also effected several pro-crypto regulatory changes, which are sure to have an effect on adoption and traction. All signs point to Bitcoin reclaiming its glory days sooner rather than later. A smart investor would recognize this for the accumulation opportunity it is and possibly give BTC Bull Token ($BTCBULL), the best Bitcoin-themed meme coin on the market, another look. HODLers of $BTCBULL will revel in real $BTC as a token of appreciation for their loyalty to the king of crypto. These free Bitcoin airdops will be triggered whenever Bitcoin crosses a new milestone ($150K, $200K, and $250K) for the first time. There’s only one catch, you need to store your $BTCBULL tokens in Best Wallet to be eligible for these rewards. Additionally, a part of the total $BTCBULL token supply will be burnt off when Bitcoin reaches $125K, $150K, $175K, $200K, and so on for the first time. This is often how the best meme coins boost demand for their tokens. Indeed, our BTC Bull Token price prediction suggests that the token could go as high as $0.0096 by 2026. That’d be a nearly 400% rise from its current price of $0.00245. $BTCBULL is one of the best cheap cryptos to buy now because it’s currently in presale. It’s raised over $4.4M despite gloomy wider market conditions. For more info, check out our guide on how to buy BTC Bull Token. 2. SUBBD Token ($SUBBD) – New Presale Bringing Content Creators and Fans Together SUBBD Token ($SUBBD) is a new meme coin on presale, but it stands out as a token with real utility. The SUBBD platform is a full-blown social media ecosystem equipped to enhance the quality of interactions between online creators and their fans. SUBBD will help creators through AI-powered content upscaling and management. This would give them more time and energy to interact with their audience and build a strong community. On the other hand, fans and $SUBBD token holders will get exclusive perks within the SUBBD ecosystem. For instance, they’ll have access to all the exclusive content their favorite creators put out on SUBBD. What’s more, they can request personalized content from creators – and pay for it effortlessly using $SUBBD. Other benefits include platform discounts, priority access to new beta features, and the ability to stake their $SUBBD tokens for 20% APY. They’ll also get exclusive live streams and BTS clips. On a mission to power the creator economy, the $SUBBD presale has raised a whopping $104K within just a week of its launch. You can buy one token for just $0.0551, which is, quite likely, the cheapest you’ll ever get it. To stay tuned, check out the X feed (122K+ followers) and Telegram channel (10K+ members). 3. Lightchain AI ($LCAI) – Creating New and Better Blockchains Lightchain AI is another project that combines artificial intelligence and blockchain technology. This time, the goal is to create next-generation crypto infrastructure elements, more specifically, secure and smarter decentralized blockchains. To achieve this, Lightchain AI will deploy modern technologies like Proof of Intelligence (PoI), consensus mechanisms, and the Artificial Intelligence Virtual Machine (AIVM). Investing in $LCAI gives you front-row seats to this promising altcoin‘s growth journey, along with the power to vote on its future. Even better, interested investors need only just $0.007125 to buy one $LCAI token. That’s because it’s currently in presale, which has raised a whopping $19M so far. Hurry up, though, because the Lightchain AI presale is in its final stages now, and the price is sure to rise once it lists Conclusion Even though presale tokens like BTC Bull Token and SUBBD Token exhibit extraordinary potential despite the wider bearish context, it’s important to remember that nothing’s ever guaranteed. Such is the volatile and unpredictable nature of crypto. That’s why we always recommend our readers do their own research before investing. Our articles aren’t financial advice, after all.

#cryptocurrency market news

Solana has continued to attract deposits and hold its #2 position as far as TVL (Total Value Locked) is concerned. Despite $SOL’s falling price, its TVL numbers in April were the highest they have been since June 2022, showing investors’ belief in the Solana ecosystem. Keep reading to find out the real significance behind Solana’s rising TVL, why it’s a good time to be bullish on it, and how you can maximize your earnings by investing in the best meme coins. Understanding Solana’s Falling Price Solana has fallen by more than 60% since mid-January, after making a high of $290. It’s now trading at around $120 and has tested its support of $113 twice. The last 7 days have also seen a sharp 15% decline, which can be attributed to Solana’s unlocking event on April 4th. Around 1.79M staked tokens, which were staked at $23, became available for trading on 4th April. This led to significant selling pressure, which pushed Solana down to its resistance levels. After a 60% decline in the first quarter, investors were keen to book some returns on the staked tokens. Solana Steady in Choppy Waters At a time when cryptocurrencies, especially meme coins, have taken a hit, Solana has been doing pretty well. Although the price is down, deposits on the network are on the rise. Solana dApps deposits reached 53.8M SOL – a 14% month-on-month increase. In terms of DEX volumes, too, Solana has been quite strong against the likes of Tron, BNB Chain, Arbitrum, and Base. It now holds a market share of 24%, thanks to its integrated Web3 user experience and emphasis on base layer scalability. $SOL is, in fact, only marginally behind Ethereum, which has a market share of 26%. The recent crypto dip has been a great opportunity for investors to jump in at some really low prices, and Solana has been no exception. More funds flowing into Solana is a reconfirmation of investors’ trust in the network – and potentially even the future of meme coins and altcoins. With the fundamentals growing strong, it’s only a matter of time before we see the prices pushing up as well. If you’re looking to join the crypto bandwagon, this could be a perfect time. Here are three top cryptos that are in a pole position to benefit from Solana’s upcoming rise. 1. Solaxy ($SOLX) – Best Meme Coin Right Now Thanks to First-Ever L2 for Solana If you wish to ride Solana’s growth, there’s hardly a crypto project better than Solaxy ($SOLX). That’s because it won’t just feed on Solana’s meme coin-friendly infrastructure, but it plans on making the blockchain network better than ever. Solana currently struggles with several issues that have hindered its growth and stopped it from reaching its true potential. The insane popularity of $TRUMP, $MELANIA, and meme coin launchpad Pump.fun overloaded Solana. As a result, the network became congested, and transactions started failing. Solaxy is building the first-ever Layer 2 scaling protocol on Solana. It will combine Ethereum’s liquidity and Solana’s speed to create a hyper-efficient meme coin infrastructure on Solana. According to Solaxy’s whitepaper, this multi-chain token will process a bunch of Solana’s transactions on a sidechain, thereby reducing weight on the network’s mainnet. What’s more, early buyers of $SOLX can also stake their tokens and earn 139% in staking rewards. Solaxy is currently in presale, where it has amassed a mind-boggling $29.2M so far. You can join one of the best crypto presales this year for just $0.001686 per token. Here’s a detailed guide on how to buy $SOLX. 2. BTC Bull Token ($BTCBULL) – Best Crypto to Buy for Bitcoin Maximalists While Solaxy could single-handedly be the reason we see a huge spike in meme coin activity, the fact remains that Bitcoin plays a massive role in deciding the larger crypto market’s direction. And with $BTC projected to cough up new highs sooner rather than later, the time is ripe to invest in a Bitcoin-themed meme coin like BTC Bull Token ($BTCBULL). $BTCBULL’s specialty is that it’s the ONLY crypto offering free (and real) $BTC to its token holders as rewards. It’s worth noting that other meme coins typically offer a handful of ecosystem benefits or more of their own tokens as loyalty rewards. However, BTC Bull Token has raised the bar by pledging to give away Bitcoins to $BTCBULL holders who store their tokens in Best Wallet. These giveaways will take place every time Bitcoin surges past a new landmark number, such as $150K, $200K, and $250K, for the very first time. We also like that the developers have reserved 40% of the total token supply for marketing purposes. Combined with regular token burn events, there seems to be a strong plan in place to ensure $BTCBULL is always among the top trending cryptos. Currently in the early stages of its presale, BTC Bull Token has raised over $4.4M. You can join the tribe by paying just $0.00245 per $BTCBULL. Here’s how to buy it. 3. Fartcoin ($FARTCOIN) – Community-Backed Meme Coin Posting Massive Returns Like Dogecoin, Fartcoin, too, owes its existence and popularity to the tech billionaire Elon Musk. That’s because it was created upon a suggestion by Truth Terminal, an AI chatbot. The bot explained that having a meme coin based upon Musk’s amusement with fart jokes could be a good idea. And indeed it was! $FARTCOIN is, in fact, one of the most profitable meme coins of this year, having gained over 66% in the last month – and an otherworldly 919,000% since its launch in October last year. The project rewards users with free $FARTCOIN tokens for submitting hilarious fart jokes. What’s more, every time you make a transaction, you’ll be greeted with an amusing fart sound. $FARTCOIN is currently trading at $0.4599 – up 9.5% in the last seven days. More importantly, the token looks like it’s now moving away from the lows it made in its February crash, when it dumped around 90%. It’s, therefore, one of the best cheap cryptos to buy right now. Bottom Line To conclude, Solana is looking like a million dollars thanks in part to Solaxy‘s revolutionary roadmap for the network. However, the fact remains that despite any degree of bullishness, the market, including the best altcoins, guarantees nothing. Therefore, we recommend only investing a small amount. Also, kindly do your own research and due diligence before becoming a crypto investor. Our articles aren’t financial advice.

#cryptocurrency market news

Bitcoin is currently trading at 23% less than its all-time high, after making a low of $76.6K on March 11. However, this hasn’t deterred short-term and long-term holders from accumulating the token. In this article, we’ll take a detailed look at the recent purchase data suggesting that Bitcoin is in an accumulation phase and primed for an upward push. We’ll also talk about how investing in the best altcoins could be a smart decision in the current market scenario. Both Short & Long-Term $BTC Holders Bullish Short-term $BTC holders – those who have held the token for less than 155 days – have added 15K $BTC in the first five days of April itself. Long-term holders, on the other hand, have added 400K $BTC since the beginning of February. With these fresh additions, STHs now hold around 3.7M Bitcoins, while LTHs own 13.5M. The growing accumulation from STHs is particularly interesting. Usually, short-term holders exit assets during bear runs and only accumulate if they see a positive reversal. However, that’s not the case with $BTC. Bitcoin STHs are now exhibiting traits of long-term holders, suggesting a sharp recovery might be around the corner. Bitcoin Could Reclaim $100K Soon Trump’s tariffs might have stirred something encouraging for Bitcoin investors. While there has been a bloodbath in the US stock markets, $BTC has been showing signs of decoupling. The S&P 500 index has plunged by more than 10% during this week, and gold dropped by 4.8% following the tariff announcement. However, Bitcoin, after an initial drop of 3%, bounced back to reach $82.5K levels, showing indications of its shifting correlation with other economic indicators. It’s currently trading at $82.7K. This has also reignited the talks of the “gold leads, Bitcoin follows” narrative. During the 2019 bull cycle, it was gold that first surged by 15% during mid-year, after which Bitcoin surged by a massive 344% in 2020. Bitcoin reclaiming $100K could see a baton handover from gold, with $BTC leading the charge. Michael Saylor, Executive Chairman of Strategy, said that $BTC is shielded from the ongoing tariff war. Since Bitcoin is a digital asset, it cannot be taxed at border points and escape the direct effects of tariffs. The overall crypto market seems to be pretty stable in the face of uncertain global economics, which is a good sign for investors. This, then, is a great time to position yourself in crypto. And altcoins and meme coins happen to be the most profitable segment in the space given their low cost of entry and massive potential. If you’re looking for the best cryptocurrencies to invest in at this moment, here are some digital assets we’d recommend considering. 1. BTC Bull Token ($BTCBULL) – Best Altcoin to Buy Right Now Bitcoin’s potential is unquestionable, especially with Trump’s blessings. However, if you want to maximize your gains from Bitcoin’s historical growth, look at BTC Bull Token ($BTCBULL). $BTCBULL is one of the best cryptos to buy now, seeing as it’ll give out free $BTC to its token holders – no other crypto project has a reward system this insane! Bear in mind, though, that you must hold your $BTCBULL tokens in Best Wallet to be eligible for free $BTC. Additionally, these Bitcoin giveaways are scheduled to take place whenever $BTC reaches a new milestone, such as $150K, $200K, and $250K. So, the project’s native token, $BTCBULL, is also likely to see an appreciation in price alongside Bitcoin. Our BTC Bull Token price prediction suggests it could climb as high as $0.0096 by 2026. What’s more, the team behind BTC Bull Token has also planned to periodically reduce the total token supply. This is a popular approach among the meme coins, using which they aim to boost their demand and price. The best part? Because BTC Bull Token is currently in presale, it’s available for only $0.002445 – one of the best cheap cryptos right now. The project has so far raised $4.4M. Here’s how to buy $BTCBULL. 2. Solaxy ($SOLX) – Altcoin Building First-Ever Layer 2 on Solana Cryptos like Solaxy ($SOLX) don’t come often. It’s a meme coin at its heart, which is why it’s expected to churn out over 11,500% returns by 2030. However, unlike other meme coins that rely solely on hype, Solaxy relies on its revolutionary mission to improve Solana. Solana has been plagued with congestion because of an overflow of transactions and investors on the network. A multi-chain token, $SOLX will tap into Ethereum’s liquidity and process Solana’s transactions off-chain. This will greatly reduce the burden on Solana’s mainnet. Additionally, Solaxy will also carry out transactions in bundles instead of processing them individually. This will boost Solana’s affordability and make it even more appealing to meme coin enthusiasts. It’s also worth noting that Solaxy is the hottest presale on the market right now. It has amassed a whopping $29.2M so far, and you can buy each token for just $0.001684. For more info on the buying process, check out our guide on how to buy Solaxy. 3. FirstBroccoli ($BROCCOLI) – CZ’s Pet Dog-Inspired Meme Coin Back Among Top Gainers $BROCCOLI is a fine example of what the best meme coins are capable of. It was brought into existence immediately after Binance’s ex-CEO CZ publicly flirted with the idea of launching a meme coin based on his pet dog. $BROCCOLI has jumped over 500% since its launch approximately a month ago. What’s even more interesting is that $BROCCOLI has coughed up these returns in a market that has been dicey. This further proves that hype alone can catapult tokens to the moon. The token is up over 70% in the last seven days, and we could see fresh highs once it surges past its recent resistance of $0.014. It’s currently trading at $0.01311, which could be an excellent entry price. Bottom Line Even though experts are positive about Bitcoin’s future (both immediate and long-term), it’s important not to get carried away. That’s because market conditions, especially in crypto, can change rapidly. So, always follow sound investing tactics, which include only putting in a reasonable sum of money. As always, do your own research before investing. This article isn’t a substitute for financial advice from a professional.

#cryptocurrency market news

In a bold move to fuel innovation, OpenAI has made ChatGPT Plus free for all part-time and full-time students in Canada and the US from March 31 to May 31, 2025. The timing couldn’t be better. As AI adoption surges, this initiative might do more than help students through their finals; it could accelerate AI-driven innovation across Web3, especially in sectors like DeFi. One of the biggest standouts in this growing space? MIND of Pepe ($MIND) – a new AI agent coin that’s rapidly gaining traction. Access to AI Tools Fosters Innovation To unlock free access, students have to verify their status through SheerID, which works with university registrars to confirm enrollment. This may involve signing in through your college’s SSO or uploading additional official documents. OpenAI is positioning this as an attempt to ‘help you through the finals.’ However, the implications stretch far beyond your Economics 101 final, especially as AI becomes a powerful tool in new crypto investing and DeFi innovation. While some studies show that AI tools weaken students’ critical thinking skills, others argue that access to ChatGPT and similar tools inspires creativity, improves productivity, and enables new breakthroughs – particularly in decentralized technologies. In fact, in Q1 2025 alone, unique daily active wallets (DUAWs) interacting with AI protocols surged by 29% – even as DeFi’s Total Value Locked (TVL) dropped by 27%. Yup, that’s right: while the overall DeFi space struggled – with $ETH falling 37% and Sui down 44% – AI social apps and protocols defied the trend and showed positive DUAW addition. This shift in behavior shows that investors are looking beyond the usual suspects and turning toward smart, AI-integrated projects. And that’s where MIND of Pepe comes in. What Is MIND of Pepe ($MIND)? MIND of Pepe is more than just a meme coin – it’s an AI-powered crypto analyst designed to change the entire crypto investing game. $MIND token holders will no longer have to go down the rabbit hole of trying to guess which crypto could be the next to explode. $MIND will do it for them. Through cutting-edge AI technology and hive-mind intelligence, $MIND’s developers have brought to ‘life’ an AI agent that can scour the internet for all relevant crypto-related information and identify high-potential tokens. Here’s a quick rundown of how MIND of Pepe works: As an autonomous AI agent, $MIND will first interact with the crypto community online, such as on X and dApps. It’ll acknowledge all the different opinions and biases surrounding crypto. By analyzing what people and the crypto market are saying about specific tokens, $MIND will narrow down the best cryptos to buy. If that was impressive, wait until you hear about $MIND’s self-evolving capabilities. Essentially, MIND of Pepe has been designed to evolve with every interaction and bit of data it ingests. And as it grows, it will eventually launch its own tokens – which will be exclusively available to $MIND holders. These tokens will be backed by real-time market insights, meaning they’ll likely be tailored to capitalize on trending narratives and investor sentiment. Even more interesting? $MIND will not only detect trends, it can start them by sparking conversation online around its own launches. Why Should You Buy MIND of Pepe ($MIND)? Getting in early gives investors front-row seats to this revolutionary AI agent’s magic. Here’s why $MIND is turning heads: AI-powered investing: Let the AI do the research and signal detection. 288% APY staking rewards for those investing now. Referral rewards for spreading the news about $MIND among friends. Self-evolving AI agent with exclusive token launches for the $MIND community. Explosive growth potential once the token lists on exchanges for live trading. The project has so far raised over $7.8M, meaning it’s easily one of the best crypto presales on the market right now. Each token is currently available for just $0.0036671, but hurry up because the price will increase in a few hours. To buy this top trending crypto, just visit the official MIND of Pepe website, connect your crypto wallet (like Best Wallet), enter the number of tokens you want to purchase, and authorize the transaction. It’s that simple! If you need more info on the buying process, here’s a detailed guide on how to buy $MIND. Also, check out MIND of Pepe’s whitepaper, its X feed, and Telegram channel for more project details and updates. Final Thoughts With OpenAI making ChatGPT more accessible than ever – and a surge in interest around the convergence of AI and crypto – now might be the perfect time to take a serious look at MIND of Pepe. That said, always do your own research before investing. While $MIND shows serious potential, the crypto market is volatile, and timing the market is tricky. Lastly, our article here isn’t financial advice by any means. It’s just our perspective on one of the most interesting AI presales happening right now.

#bitcoin #aptos #btc #cryptocurrency market news #crypto market recovery #crypto analyst #crypto trader #apt #aptos price #aptusdt #crypto bull run 2025 #crypto market correction

Amid the market retrace, Aptos (APT) has seen an 8% decline in the past 24 hours, falling below a key support zone for the second time this week. Despite the correction, some analysts consider that the cryptocurrency could be poised for a breakout soon. Related Reading: Ethereum Trading In ‘No Man’s Land’, But Analyst Says Breakout Is A Matter Of Time Aptos Loses Macro Range Lows During the March retraces, Aptos fell below a crucial support level for the first time since August 2024 but recovered 24% near the end of the month. However, APT followed the rest of the market and dumped 11% to close the March below key levels. Analyst Rekt Capital noted that APT closed last month below its Macro Range Low of $5.44 for the first time. The cryptocurrency has been trading within the $5.45-$17 price range since 2023, retesting the range lows two times before. Historically, “APT tends to develop bases here in the form of downside wicks for three-month periods,” he explained, adding that the cryptocurrency seems to be developing a third three-month base, with the difference that it has closed below this range for the first time in the monthly timeframe. Following this performance, Aptos will need to reclaim the $5.44 level as support “to end this Monthly close as a downside deviation” and “avoid a bearish retest here.” Previously, the analyst suggested that holding this level could reverse ATP’s price action in the coming months, as it has done with the other clusters. Additionally, he pointed out the previous consolidations included a “downside wicking below support.” In his recent analysis, Rekt Capital considers that APT’s daily bullish divergence “is still something worth watching” as the cryptocurrency’s Relative Strength Index (RSI) continues to form Higher Lows despite the recent downside deviation, and its price “is trying to transition away from Lower Lows into a new Higher Low.” According to the analyst, “a clear market structure is developing here, and a breakout from it would validate the Bull Div and set APT up for a reclaim of the Macro Range Low of $5.44,” which is key for a bullish rally. APT To Reclaim $6.5 Resistance? Analyst Sjuul from AltCryptoGems highlighted Aptos’ strength amid the market volatility, which saw Bitcoin (BTC) drop from $88,000 to $81,000 in the past 24 hours. APT dropped from the $5.40 mark to the $4.95 support. The analyst considers that a retest of the local range lows could be necessary before the cryptocurrency aims for the next crucial level, as the current price zone has been tested many times. Related Reading: ACT Memecoin Crashes 50% As Several Altcoins Suddenly Tank On Binance – What’s Going On? Moreover, a reclaim of the $5.44 range could see the APT surge another 20% to the $6.5 resistance lost two months ago. Another market watcher suggested that Aptos is “showing potential for a bullish breakout as it trades within a descending channel.” Per the chart, the cryptocurrency has been trading within a descending channel since early February, testing the channel’s lower and upper boundaries throughout March. “After testing the lower trendline, it may be finding support, and a break above the upper resistance will signal a significant rally,” the analyst concluded. As of this writing, Aptos trades at $5.02, a 16.1% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

#ethereum #bitcoin #avalanche #avax #avalanche price #avax price #cryptocurrency market news #avalanche news #avax news

Global banking giant Standard Chartered published new five-year price projections for three leading cryptocurrencies: Avalanche (AVAX), Bitcoin (BTC), and Ethereum (ETH). According to these forecasts, Avalanche is poised to gain significant ground on both Bitcoin and Ethereum by 2029. Ryan Rasmussen, Head of Research at Bitwise, drew attention to these ambitious targets via X. “Global banking giant Standard Chartered just published 5yr price targets for Bitcoin, Ethereum, and Avalanche,” Rasmussen wrote, pointing to a chart that outlined the bank’s estimates. Standard Chartered expects Avalanche (AVAX) to reach $55 by the end of 2025, $100 by 2026, $150 by 2027, $200 by 2028, and ultimately $250 by the end of 2029. This projected growth represents a more than 1,200% increase from its current trading level of around $20. Meanwhile, Bitcoin (BTC) updated its forecast and now projects BTC to appreciate from $200,000 in 2025 to $300,000 in 2026, followed by $400,000 in 2027, and finally hitting $500,000 in 2028—a level it is expected to maintain through 2029. For Ethereum (ETH), Standard Chartered projects the token to hit $4,000 in 2025, $5,000 in 2026, $6,000 in 2027, and $7,500 by 2028, with no change anticipated in 2029. The forecast indicates steady but less dramatic growth relative to Avalanche. Related Reading: Avalanche 12-Hour TD Sequential Flashes Sell Signal After Nailing 50% Rally – Details In terms of comparative valuation, the bank provided ratio metrics to show how AVAX might perform against BTC and ETH. The BTC-to-AVAX ratio, which measures how many AVAX tokens equal one BTC, is expected to drop from 3,636 in 2025 to 2,000 in 2029. This decreasing trend implies that AVAX will appreciate faster than Bitcoin over the period. Similarly, the ETH-to-AVAX ratio is projected to decline from 73 to 30 during the same timeframe, pointing to a similar outperformance against Ethereum. Standard Chartered’s Bullish Case For Avalanche Standard Chartered has initiated coverage of Avalanche, stating it expects AVAX to rise from its current price of roughly $20 to $250 by the end of 2029. “One positive of the tariff noise is that it gives us a chance to re-set and pick winners for the next upswing in digital asset prices,” said Geoffrey Kendrick, the bank’s global head of digital assets research, in an email to The Block on Wednesday, referencing his latest report. “And I think Avalanche will be another winner, perhaps the winner in EVM [Ethereum Virtual Machine] chains.” Related Reading: Avalanche (AVAX) Overextended—Is A Market Shakeup Imminent? Kendrick emphasized that Avalanche’s approach to scaling—particularly after its Etna upgrade, also known as Avalanche9000—positions the network for long-term success. Activated in December 2024, the Etna upgrade dramatically reduced the cost of launching subnets (which Avalanche now calls Layer 1 blockchains), slashing setup expenses from up to $450,000 to nearly zero. Kendrick noted that these changes appear to be attracting new developer activity: “A quarter of Avalanche’s active subnets are now Etna-compatible, and developer numbers have jumped 40% since the upgrade.” He also mentioned that some developers are migrating from Ethereum Layer 2 solutions to Avalanche due to its compatibility with Ethereum code and the lower overhead for launching new subnets or L1 chains. While fees on Avalanche can still run higher than certain Ethereum L2s like Arbitrum, Kendrick believes attracting completely new applications—especially in fields such as gaming and consumer-focused tools—will be critical to Avalanche’s growth. “As a result, we see AVAX outperforming both Bitcoin and Ethereum in terms of relative price gains in the coming years,” Kendrick remarked, while noting Avalanche’s higher volatility levels compared to BTC. At press time, BTC traded at $83,334. Featured image created with DALL.E, chart from TradingView.com

#cryptocurrency market news

A seismic shift is happening in the U.S. cryptocurrency landscape, with two major developments poised to reshape market dynamics. The U.S. Treasury Department will unveil its substantial cryptocurrency holdings on April 5th, while the SEC and crypto exchange Gemini are exploring a resolution to their long-standing legal battle. These events could very well ignite a spark in up and coming altcoins like Solaxy ($SOLX), Mind of Pepe ($MIND), and Cat In A Dog’s World ($MEW). Want to know why? Let’s dig into the news below. US Treasury Holdings to Become Public in Three Days The US Treasury’s disclosure, mandated by a recent executive order, will reveal the extent of the government’s crypto assets, potentially including Solana, XRP, and Cardano as well as Bitcoin. This move signals a significant step towards greater transparency and government involvement in the digital asset space. The executive order also establishes a Strategic Bitcoin Reserve (SBR), demonstrating a long-term commitment to holding Bitcoin acquired through legal means. The U.S. government’s current Bitcoin holdings of 198,012 $BTC (down from the 230,000+ $BTC they used to have in 2022) highlight its growing role in the crypto ecosystem. Analysts and investors will undoubtedly be keenly watching the upcoming disclosure, anticipating its potential impact on market conditions. SEC and Gemini Shake Hands Simultaneously, the SEC and Gemini have requested a 60-day stay in their legal proceedings, indicating a willingness to explore a potential resolution to the lawsuit concerning Gemini’s Earn program. The development follows a pattern of the SEC easing its stance on crypto-related lawsuits, including those against Coinbase and OpenSea, suggesting a notable shift in regulatory approach. It looks like the pro-crypto push from Trump’s government is changing how regulations are working and impacting crypto companies. This attention will move markets (likely to the upside), and if we get some clear rules, the best altcoins could take off. So, there’s a good chance coins like $SOLX, $MIND, and $MEW might ride this new regulatory wave and see some big gains. 1. Solaxy ($SOLX) – Solana’s Layer 2 Chain Unlocking the Full Potential of the Solana Ecosystem With Solana potentially being part of the US’ Digital Asset Stockpile, it wouldn’t be a stretch to assume an increase in activity around the Solana network, including for Solaxy ($SOLX). Solaxy ($SOLX) is a project operating on the Ethereum blockchain that wants to create the first $SOL Layer-2 chain. It will leverage Solana’s speed, low fees, and address previous pain points (like network instability and slow transactions), potentially positioning itself as one of the best meme coins out there. Initial interest was high and saw Solaxy raise $500K within a few days of its presale. Being the central asset of the Layer 2 ecosystem, investors are already interested, and this doesn’t seem to be waning. $SOLX is currently selling at $0.001682 and has raised an impressive $28M since the presale launch in mid-December 2024. There’s still time to get in early and take advantage of potentially high returns, particularly with 141% staking rewards. 2. Mind of Pepe ($MIND) – AI Insights to Ride the New Political Wave Everything is changing, policies and regulations are evolving, so who better to capitalize on this than $MIND, a fully autonomous AI agent? Mind of Pepe ($MIND) distinguishes itself by integrating AI to analyze and react to social media trends and use this data to inform trading and community engagement strategies. This means the AI can capitalize on viral moments, moving beyond simple hype and into a more data-driven trading approach. Developers have assigned 30% of the token allocation to development – unsurprising, since it is the main feature and vital component to keep up-to-date. Whilst 25% of the total coin allocation is left in the hands of the AI to utilize as needed – making this one of the best altcoins to buy. $MIND interacts with dApps and accesses blockchains, opening doors to native token launches. Early access is granted for $MIND holders, who have the opportunity to snag tokens before anyone else, thus increasing potential for greater returns. Selling currently for $0.0036524 and impressively raising over $4M within days of its launch, it’s safe to say the market is excited by this new coin. $MIND has raised over $7.8M and is well on its way to reaching its $9M target. For those who stake early you can benefit from an impressive 289% reward rate. Best of all, analysts are predicting $MIND to reach $0.00962 by the end of 2025. That’s a 163% increase from the current price. 3. Cat In A Dog’s World ($MEW) – The Battle Is On A meme coin driven by community sentiment and social media trends, it stands apart for being cat-based in a predominantly dog-based market. $MEW operates on the Solana blockchain, meaning it benefits from the high transaction speeds and low fees associated with it – highly advantageous for a coin that relies on frequent trading and community interaction. It leans heavily into the cats vs dogs narrative, with many stories, cat puns, and a bold combat theme on their website. Currently, it’s only available for purchase through exchanges and not on their website. Having only just launched at the end of March, it is currently selling for $0.003078 and is one of the coins experiencing a positive surge in the last couple of days. Options – Too Many Options – What Do I Do? With the mere mention of other coins beyond Bitcoin, like Solana, the market will most likely react positively. With that in mind, it might be a good chance to get on board with coins like $SOLX, which have a direct link. Alternatively, capitalizing on the AI advancements (and advantages) of $MIND may see you benefit in the long run. To be clear: this isn’t professional financial advice. You should do your own research before investing. Only invest amounts that you can comfortably lose, because crypto is risky and there are no guarantees of returns – even with an AI!

#binance #altcoins #memecoins #cryptocurrency market news #crypto analysts #crypto investors #crypto market crash #ai memecoin #crypto market correction #hippo #ai agent tokens

On Tuesday morning, several altcoins nosedived up to 50% on global crypto exchange Binance, sparking confusion among investors. Several community members shared theories for the incident, speculating that recent adjustments in the exchange’s position limits could be responsible. Related Reading: Is Bitcoin (BTC) Poised For A Q2 Recovery? Analyst Points To 2017 Similarities Altcoins See Q2 Opening Crash On Binance Multiple altcoins saw a peculiar start to Q2 after their price tanked on Binance on Tuesday morning. The crypto community raised the alarm after Solana-based memecoin and AI Agent token Act I: The AI Prophecy (ACT) plunged around 50% in less than an hour. The cryptocurrency, which once had a market capitalization of $722 million, has moved sideways for most of March, hovering between the $0.18-$0.19 price range until today. In 30 minutes, ACT crashed from the $0.189 mark to the $0.087 level, registering a 53% fall. Similarly, the DEXE, KAVA, DF, HIPPO, BANANAS31, LUMIA, TST, and QUICK tokens also recorded a sudden price drop, losing between 10% and 35% of their value in an hour. ACT’s team acknowledged the incident, stating, “Dear ACT community, we want to assure you that we’re fully aware of the current situation. Our team is actively investigating and working collaboratively with all relevant parties to address this matter.” The post also noted they had begun developing a response plan alongside their trusted partners. Analyst Altcoin Sherpa suggested that a price bounce for ACT seems likely but noted that “ppl might realize that they don’t really want to hold this coin and view this as a forced rebalance event. Nobody buying. Nobody selling.” No April Fool’s Joke As Binance posted about a different April Fool’s joke, investors started to speculate what caused the sudden bleeding, with some joking that the prank had gone too far. The crypto community guessed that Wintermute was responsible for the Altcoin massacre, as it reportedly liquidated several of its positions today. Nonetheless, the trading firm’s CEO, Evgeny Gaevoy, denied the rumors, stating, “Not us fwiw, but also curious about that postmortem.” Meanwhile, Lookonchain suggested that Binance’s recent update of its leverage and margin tiers on several altcoins, including ACT, could have been the reason for the token crash. Six hours later, Binance Customer Support replied to Wu Blockchain’s report, revealing that the reason for the dump was that three VIP users cross-sold tokens worth 514,000 USDT in the spot market and a non-VIP user transferred a large amount of ACT from other platforms and sold 540,000 USDT worth of the token in a short period. As a result, the cryptocurrency’s price dropped, which led some users to close their futures contracts, triggering the decline of other altcoins. The crypto exchange pointed out that they recently took “the initiative to take preventive measures to adjust leverage multiples downward.” Related Reading: Crypto Analyst Calls Dogecoin Chart A ‘Beauty’ As Key Indicators Align “Binance Contracts has recently issued consecutive adjustment announcements for the ACTUSDT perpetual contract, during which there was no market movement and no active reduction of any user’s position,” the post detailed. Binance added that it will continue to investigate the incident and update the relevant details if there is any news, concluding that the crypto market has been volatile recently and asking investors to exercise caution. Featured Image from Unsplash.com, Chart from TradingView.com

#xrp #xrp price #xrp news #cryptocurrency market news #xrp price analysis #xrp technical analysis

The XRP price fell as low as $2.0238 on Monday, potentially forming a local bottom. Since then, the XRP price is up almost 6%, however, the possibility of a deeper retracement remains. Two prominent chartists—CasiTrades (@CasiTrades) and Charting Guy (@ChartingGuy)—have shared their perspectives on whether the token has found its local bottom or if further downside might still be on the table. Is The XRP Price Bottom In? According to CasiTrades’ newly published chart, XRP appears to have tested the 0.786 Fibonacci retracement at $2.05 and is now showing bullish divergences across multiple timeframes—from the 15-minute all the way to the 4-hour chart. CasiTrades notes that these signals are a positive indicator both for short-term bounces and a potential macro recovery. “Was that the bottom for XRP? After reaching the .786 retrace at $2.05, #XRP is printing bullish divergences from the 15min all the way up to the 4hr chart. That’s the kind of signal we want to see for both short-term bottom and macro! The bounce is holding so far! CasiTrades notes. Related Reading: XRP Bull Cycle Could End If This Happens: Analyst The analyst also points to key resistance at $2.25, suggesting that a convincing break above this level with strong momentum would likely negate the need for another retest of support. “If we break above $2.25 with strong momentum, that would invalidate the need for another support retest—a very bullish sign, CasiTrades writes, adding “$2.00–2.01 remains a support if the $2.05 doesn’t hold.” Moreover, she highlights a Fib Time Zone 3 that could span the entire month of April, forecasting a “bullish window” for XRP. According to the chart,  once price meets its target, a larger impulse to the upside may follow, with potential resistance lining up at $2.70 and $3.80+. Related Reading: XRP MVRV Ratio Dips Below The 200-Day MA – Trend Shift Underway? Meanwhile, Charting Guy addressed that market chatter has surfaced about a possible head and shoulders pattern on the XRP chart, with a projected breakdown target near $1.15. While acknowledging this bearish formation as a possibility, Charting Guy believes it is unlikely to play out, describing the pattern as “irregular and ugly.” He maintains that XRP’s overall trend is still biased to the upside, characterized by higher highs and higher lows.“ A lot of people are posting this possible head and shoulders that targets $1.15. I personally don’t think it plays out, but it’s a possibility. If it does happen, it’s just a golden pocket backtest and the chart remains bullish overall,” he says. Charting Guy draws attention to the $1.70–$1.90 zone that has repeatedly caught wicks in previous pullbacks, with daily closes managing to reclaim $2 or above. He believes that a final corrective dip to fill the March 11 wick lows—potentially down to around $1.90—could mark the end of the current retracement. Additional support levels are located at the weekly Ichimoku base line at $1.94, the Weekly Supertrend at $1.73 and at the Weekly EMA Ribbon between $1.46 – $1.93. At press time, XRP traded at $2.14. Featured image created with DALL.E, chart from TradingView.com

#cryptocurrency market news

With Donald Trump’s new reciprocal tariffs set to take effect from tomorrow (April 2), the stage is set for an out-and-out trade war between the biggest economies of the world. Ahead of the tariff deadline – also known as the ‘Liberation Day’ – Trump issued a stern warning that no country would be exempted from the proposed tariffs. Unsurprisingly, this has set off a market-wide sell-off, with stocks of prominent US companies closing in the red on Monday. In this article, we’ll briefly touch upon the most important reasons for the current sideways/downwards sloping market, why buying the best presales is a cheat code in these conditions, and which ones should you actually consider investing in. Two Major Reasons for Current Market Uncertainty The world looked on in anticipation when Elon Musk joined Donald Trump in the latter’s historic presidential campaign. Fans of the duo were quick to call this a once-in-a-lifetime moment for crypto. Although $BTC and $ETH coughed up legendary rallies immediately after Trump’s victory, they were rather short-lived. Almost three months later and we’re now on the brink of a recession. This is primarily due to the larger macroeconomic conditions set in motion by Trump’s tariffs and Musk’s Department of Government Efficiency (D.O.G.E). Trump’s Tariffs Slated to take effect from April 2, Trump’s tariffs measure will impose reciprocal tax rates on the goods imported by the US. Although Trump believes this would reduce America’s dependence on foreign goods and boost domestic production, the immediate reality is very different. These tariffs will, in fact, make goods costlier for regular folks in the US and send ease of doing business for American companies for a toss. Nvidia, for instance, imports its AI servers from Mexico, which is going to face the brunt of a 35% import tax thanks to Trump. As a result, Nvidia’s stock has fallen 22% in 2025. Musk’s D.O.G.E Elon Musk formed D.O.G.E to reduce unnecessary federal spending. For example, the organization wants to save nearly $1T in federal expenses in 2025 alone. How does it plan to achieve this? Job cuts. And that’s a problem. The way Musk has gone about executing D.O.G.E’s mission has been preposterous, to say the least. Erratic and bulk layoffs at a federal level have led to a massive surge in job applications. And with the current market being not-so-ideal for job seekers, D.O.G.E’s extreme steps are adding fuel to the recession fire. In fact, Warren Buffett’s Berkshire Hathaway warned a while back that firing so many people and reducing the state’s budget by so much can trigger a recession on its own. Given the market scenario, it could be worthwhile checking out the best new meme coins on presale. These are projects that are yet to be listed on exchanges, which is why they’re immune to the current market instability. 1. BTC Bull Token ($BTCBULL) – Best Presale to Buy Right Now With Bitcoin looking poised to not only reclaim its all-time high of $100K but also scoot higher, the time is ripe to invest in a Bitcoin-themed meme coin like BTC Bull Token ($BTCBULL). It is, in fact, the ONLY crypto on the market right now that’s offering real (and completely free) $BTC to token holders. $BTCBULL owners who buy and hold their tokens in Best Wallet – a non-custodial and easy-to-use crypto wallet –  will automatically receive their $BTC share every time the King Crypto reaches a new milestone. This includes important round figures such as $150K, $200K, and $250K. It’s also worth noting that the $BTCBULL team plans to keep the token’s market hype alive through regular token burn events. Furthermore, they’ve also reserved a huge chunk (40%) of the total supply for PR and marketing purposes. After raising a whopping $1M within just a day after its launch, the BTC Bull Token presale now boasts over $4.3M in presale funding. One token is currently available for just $0.00244 – here’s how to buy it. 2. Solaxy ($SOLX) – First-Ever L2 Protocol on Solana Solana’s inability to break the $260 level despite the token being included in Trump’s proposed US Crypto Reserve speaks volumes about its underlying problems. Essentially, the blockchain that was once the undisputed hub for meme coins is now riddled with network congestion, limited scalability, and tailed transactions. Enter Solaxy ($SOLX). It’s a new cryptocurrency planning to build the first-ever Layer 2 solution on Solana. By processing transactions off-chain and by leveraging Ethereum’s liquidity, $SOLX will reduce Solana’s workload and make it faster and more efficient than ever. Additionally, Solaxy’s whitepaper suggests that it will also process transactions in bulk. This will further jack up Solana’s affordability – something it’s already renowned for. Luckily for you, this revolutionary meme coin is currently in presale ($28.7M+ raised), meaning you can get it for an extremely low price. Check out Solaxy’s price prediction for a detailed insight into its future prices. 1 $SOLX is currently priced at just $0.00168, and here’s a step-by-step guide on how to buy it. 3. Bitcoin Pepe ($BPEP) – New Bitcoin-Themed Meme Coin Bitcoin Pepe ($BPEP) plans to build a Solana-like ecosystem for meme coins on the Bitcoin blockchain. This has never been done before, which is why this project is being touted as the ‘World’s ONLY Bitcoin Meme ICO.’ It’s worth noting that BTC Bull Token, the #1 Bitcoin-themed meme coin right now, is actually based on Ethereum. Bitcoin Pepe, on the other hand, is based on the Bitcoin network. By combining Bitcoin’s class-leading liquidity and Solana’s speed and affordability, $BPEP will create a Layer-2 for meme coins on Bitcoin. Thanks to its unique mission, Bitcoin Pepe has already raised over $5.8M. It’s currently in presale, which is why each token is available for a low price of $0.0295. Conclusion Even though the above-mentioned altcoins are projected to list at a higher price than their current cost, after their listing, they’ll have to work their way up in the same market – which we can only hope reverses soon. Simply put, the crypto market guarantees no returns. This is why it’s important to only invest a small amount, irrespective of whether it’s in live tokens or presales. Also, kindly do thorough firsthand research before investing. None of the above is financial advice, after all.

#bitcoin #coinbase #crypto #bitcoin price #cryptocurrency #coin #bitcoin news #crypto news #cryptocurrency market news #coinbase news #crypto exchange coinbase

Shares of Coinbase (COIN), the largest crypto exchange in the US, have faced significant declines during the first quarter (Q1) of the year, primarily due to escalating concerns about the US economy and its impact on digital assets.  Coinbase And Others Face Increased Volatility According to Bloomberg, Coinbase’s stock has dropped more than 30% since the beginning of the quarter, marking its worst performance since the collapse of the FTX exchange in late 2022.  This decline is reflective of a broader trend affecting nearly all major crypto-linked stocks, including companies like Galaxy Digital Holdings (GLXY.TO), Riot Platforms (RIOT), and Core Scientific (CORZ). Related Reading: XRP Bull Cycle Could End If This Happens: Analyst The cryptocurrency market itself is experiencing turmoil, with Bitcoin (BTC) falling over 20% from its all-time high and Ethereum (ETH) plummeting more than 45% in value.  These shifts come amid President Donald Trump’s escalation of a “global trade war,” which has stirred fears about the health of the country’s economy. Economic data has exacerbated these concerns, pushing the S&P 500 Index (GSPC) toward its worst quarter since mid-2022.  Oppenheimer analyst Owen Lau noted that many within the cryptocurrency community recognize that the current market conditions are not primarily driven by fundamental factors. Instead, Lau emphasized that macroeconomic issues—such as tariffs and the potential trade war—are influencing investor sentiment significantly.  The looming threat of a recession has reportedly added to the unease, causing higher-risk crypto-linked stocks to be even more volatile than Bitcoin itself.  Lau explains that investments in companies like Coinbase carry additional risks, including the potential for bankruptcy, allegedly making them particularly susceptible to swift sell-offs. Cryptocurrency Market Struggles To Rebound The current state of the cryptocurrency market is a stark contrast to the optimism that prevailed at the start of the year, following Trump’s election. Bitcoin reached a record high of over $109,000 on Inauguration Day.  Earlier this month, Bitcoin prices fell after Trump announced a strategic reserve for the market’s leading crypto, but did not allocate taxpayer funds to expand it. As of now, Bitcoin trades around $83,000, still above pre-election levels but far from its peak. Related Reading: Ethereum To $20K? Investor Says Real-World Adoption Holds The Key While shares of various crypto-related companies surged following the election, Coinbase and crypto miners have since relinquished those gains. Notably, Michael Saylor’s Strategy (MSTR) is among the few stocks in the sector that has managed to remain in positive territory since November 5. Despite the downturn, the cryptocurrency industry continues to gain influence in Washington and is moving closer to integration with traditional financial systems. However, this growing power has yet to translate into a market rebound.  Connor Loewen, a cryptocurrency analyst at 3iQ, expressed skepticism about the current state of investor sentiment, stating, “What we saw a couple of months ago, I don’t know how much crazier it can get than that. I think we’re going to have to be looking for new catalysts.” Featured image from DALL-E, chart from TradingView.com 

#goldman sachs #crypto #bitcoin price #bitcoin news #crypto market news #crypto news #cryptocurrency market news #us recession

Crypto markets edged lower Monday following a stark warning from Goldman Sachs, which raised its 12-month US recession probability to 35%, citing rising tariffs, weakening growth, and deteriorating sentiment. The reassessment follows the firm’s second upward revision in March to its 2025 US tariff expectations, signaling an increasingly fraught macroeconomic environment with direct implications for risk assets — including cryptocurrencies. In the note titled “US Economics Analyst: A Further Increase in Our Tariff Assumptions”, Goldman economists Alec Phillips, Tim Walker, and David Mericle outline their rationale: “We now expect the average US tariff rate to rise 15pp in 2025 […] almost the entire revision reflects a more aggressive assumption for ‘reciprocal’ tariffs.” Goldman anticipates that President Trump will announce across-the-board reciprocal tariffs averaging 15% on April 2. Adjusted for product and country exclusions, the effective rise in average tariffs is expected to be around 9 percentage points. Related Reading: Crypto Market Cap Evolution Shows Diverging Trends Among Top Digital Asset The impact on the macro outlook is stark: Goldman has downgraded its 2025 US GDP growth forecast by 0.5pp to 1.0% (Q4/Q4), lifted its year end core PCE inflation forecast to 3.5% (+0.5pp), and increased its unemployment projection to 4.5% (+0.3pp). These revisions reflect a stagnating growth environment paired with inflationary pressures — a combination that constrains monetary stimulus options. The bank attributes the rise in recession probability to three key factors: a lower growth baseline; deteriorating household and business confidence; and “statements from White House officials indicating greater willingness to tolerate near-term economic weakness.” Despite historically poor predictive power from sentiment measures, Goldman writes: “We are less dismissive of the recent decline because economic fundamentals are not as strong as in prior years. Most importantly, real income growth has already slowed sharply and we expect it to average only 1.4% this year.” Implications For Crypto While digital assets have long been viewed as uncorrelated to traditional macroeconomic variables, that narrative has evolved. Bitcoin, in particular, has become increasingly responsive to broader macro conditions — particularly liquidity, risk sentiment, and real yields. Related Reading: Meltem Demirors On Crypto Rally: ‘Are We So Back? Not So Fast’ As the yield curve inverts once again — a classic recession signal — macro analysts are warning of a unique policy dilemma. As @ecoinometrics noted on X: “The yield curve is inverting again, a traditional recession signal. But unlike past cycles, the Fed is unlikely to rush to QE due to inflation concerns. This creates a double challenge for Bitcoin: potential risk-off pressure without the stimulus relief that typically follows. Bitcoin is very much driven by macro these days. It is behaving like a high-beta play on the NASDAQ 100.” However, not everyone agrees that a recession poses a net-negative risk for crypto. In a recent interview, Robbie Mitchnick, Global Head of Digital Assets at BlackRock, offered a nuanced view of Bitcoin’s macro sensitivity: “Economic fears. I mean, I don’t know if we have a recession or not, but a recession would be a big catalyst for Bitcoin […] It’s catalyzed by more fiscal spending and debt and deficit accumulation. That happens in a recession. It’s catalyzed by lower interest rates and monetary stimulus. That tends to happen in a recession.” Mitchnick acknowledges the short-term constraints — the wealth effect, reduced disposable income, and high correlations with equities — but maintains that structurally, Bitcoin benefits from the long-term consequences of recessionary policy responses. “Bitcoin is long liquidity in the system… and to some extent over just fears of general social disorder […] that too, unfortunately, is something that can come up in a recession.” He adds that current market reactions may not reflect Bitcoin’s true positioning: “The market has almost, it seems, gotten this in some ways not particularly well calibrated… but that’s where the opportunity comes in for education in a market and an asset class that’s still very nascent.” At press time, BTC traded at $83,230. Featured image from iStock, chart from TradingView.com

#cryptocurrency market news

Dogecoin ($DOGE) isn’t just any ol’ dog-themed meme coin. It’s the OG, the first meme coin ever, and today the one with the highest market capitalization ($24.2B). Naturally, meme coin lovers keep an eye on $DOGE for clues to the larger meme coin market’s direction. In this article, we’ll unpack $DOGE’s current outlook, explain the reasons to be both cheerful and cautious about its future, and discuss how a concept like the Meme Index presale could offer the best strategy in the current market scenario. Reasons to Be Bullish on $DOGE On the monthly and weekly charts, Dogecoin is taking support at the crucial 0.618 Fibonacci level. This is a huge buy signal, as it suggests the token has had the perfect amount of correction and is now ready to continue its long-term bullish trend. Also, on the weekly timeframe, the 20 EMA (Exponential Moving Average) is still above the 50 EMA. This confirms a long-term bullish direction. Another reason to feel good about $DOGE is that it’s currently trading at the bottom of a symmetrical triangle pattern (on the 2-hour timeframe). The token is also at a crucial support/resistance zone – indicated by the blue box in the image below. As you can see, this zone has seen numerous reversals in the past. If $DOGE does follow a long-term bullish trend, we could see it regain its recent high of $0.48. $DOGE’s Short-Term Trend Signals Caution Though Dogecoin’s larger picture is bullish, its short-term trend has been bearish for some time already. Indeed, the $DOGE price has been falling since the first week of December. Also, all key trend indicators, such as the 200, 50, and 20 EMAs, are sloping downwards on important short-term timeframes like the daily, 12-hourly, and 4-hourly. It’s always worth noting what’s happening in the larger meme coin market, which isn’t really rallying, either. Apart from $DOGE, prominent tokens such as $SHIB, $PEPE, $TRUMP, and $BONK have all been red in the last seven days. But when the meme coin market is down, presales prevail. As they’ve yet to be listed publicly, crypto presales can provide a haven from the current volatility. Indeed, if you’re looking to invest in $DOGE, and a basket of other top meme coins, you can’t go wrong with an instrument like Meme Index ($MEMEX). What Is Meme Index ($MEMEX)? $MEMEX is a revolutionary crypto project that will help you cut on your losses when the market isn’t favorable and generate a hefty ROI when the market finally turns bullish. That’s because it’s the first-ever provider of meme coin indexes. We’ve all come across the golden stock market investment strategy of putting our money in indexes like the S&P 500. Well, $MEMEX brings the same concept (that of risk-averse investing) to the meme coin space. Meme Index has four indexes, each carrying a different amount of volatility and risk. $MEMEX’s beauty, therefore, lies in the fact that you can choose any one of the four indexes depending on your risk appetite and desired gains. Meme Titan Index: This is a collection of the top eight meme coins, each with a market cap of over $1B. You’ll find established cryptos like $DOGE, $SHIB, and $PEPE, which makes this Index ideal if you’d prefer to bet on tried-and-tested coins. Meme Moonshot Index: Also known as the Rising Stars Index, this contains eight emerging meme coins that are about to hit 1B in market cap and, therefore, enter the Meme Titan Index. It offers a balanced risk-to-reward possibility. Meme Midcap Index: The name probably gives it away. This Index contains meme coins with a market cap between $50M and $250M. It’s ideal for more aggressive investors, who are willing to take on the extra risk in order to chase the possibility of significant gains. Meme Frenzy Index: An assortment of highly volatile tokens that could either rocket to the moon or fall flat, Meme Frenzy is tailor-made for degens, i.e., meme coin investors who like to live life on the wild side. Why Is Meme Index the Next Crypto to Explode? By allowing investors to diversify their total investment across multiple high-potential meme coins, $MEMEX reduces their total risk exposure. To really understand $MEMEX’s future potential, you must remember meme coins are a rapidly growing investment niche. Thanks to the success stories of $DOGE and $PEPE – and more recently, $TRUMP and $BROCCOLI, investors from all around the world are finally realizing the potential of the best meme coins. Meme Index offers perhaps the best investment avenue for new meme coin investors, which is why $MEMEX is at the top of our list of the next cryptos to explode. If you like numbers, check out our $MEMEX price prediction, which suggests this one-of-a-kind altcoin can reach $0.0198 by the end of 2026 – and $0.084 by the end of 2030. Meme Index takes the legwork out of finding meme coins that can 10x or 100x, especially in a market that has thousands of tokens. Additionally, $MEMEX’s indexes are community-driven. Holders will have a vote on which tokens each index includes. The four indexes will also be dynamic, meaning they’ll be regularly updated so that they only contain the cream of the crop at all times. Such real-time portfolio management is an innovation in the meme coin market and could just be the edge you need. How to Benefit from $MEMEX? If you like the idea of buying into an index, then $MEMEX’s approach to meme coin investing could be for you. The good news is Meme Index presale is still live. You can get one $MEMEX for just $0.0166883, but you’ll need to move it, as the $MEMEX presale ends any minute now. Simply put, this is your last chance to buy $MEMEX for such a low price. Once it goes live, there’s a high likelihood it’ll pump to record highs – and you won’t get it for such a discounted price ever again. For more technical information about the project, check out Meme Index’s whitepaper. Also, follow their X feed and Telegram channel for regular updates. Even though all signs point towards the fact that $MEMEX could join the best low-cap coins after listing, it’s important to remember that nothing is guaranteed, especially when it comes to meme coins. Therefore, we recommend only investing an amount that allows you to sleep soundly at night. Last but not least, it’s crucial that you do your own research before investing. After all, this guide is merely an assortment of our opinions and insights – it’s not financial advice.

#cryptocurrency market news

The crypto community was just recovering from the aftermath of the Bybit hack, which saw North Korean hackers loot $1.3B from the exchange’s cold storage, and now we’ve had yet another sensational malicious activity. This time it’s Hyperliquid in the firing line. Read on to find out exactly what went down and how a privacy-first crypto project like Best Wallet Token ($BEST) could potentially 100x as a result? Dissecting the Hyperliquid-Jelly Meltdown The popular decentralized crypto exchange Hyperliquid recently delisted the Jelly-my-Jelly ($JELLY) meme coin on the grounds of suspicious trading activity $JELLY, by the way, fell from $0.21 all the way to $0.01 in just 10 days after its launch on January 30. However, it skyrocketed 400% on March 26, which is when chaos unfolded. Here’s what happened prior to $JELLY’s delisting by Hyperliquid last week: A large crypto whale deposited $7M across three Hyperliquid accounts. Two of those accounts took long positions on $JELLY – one of $2.15M another another of $1.9M respectively. The third account took a $4.1M short position in order to cancel out the two long trades above. As $JELLY’s price rose from $0.01 to nearly $0.45 in a matter of just hours, the short position was liquidated. But the catch is that it was too large a position to be liquidated normally. As a result, the short trade was sent to the Hyperliquidity Provider Vault (HLP) for settlement. However, when Hyperliquid restricted the whale’s withdrawals, they resorted to selling their remaining $JELLY positions. This led to Hyperliquid shutting down the $JELLY market entirely. All in all, the trader deposited a total of $7.17M but was only able to withdraw $6.26M. Around $900K still remains with Hyperliquid. Hyperliquid’s Criticism Big-name crypto personalities, such as the CEO and COO of Bitget, criticized Hyperliquid, saying that the exchange deliberately caused losses to the user. One of them even said that Hyperliquid ‘may be on track to become FTX 2.0.’ Although the world is torn between Hyperliquid’s recent debacle, the fact remains that there’s a dire need for a reliable crypto storage and management solution. Enter Best Wallet. What Is Best Wallet? Best Wallet is a new-age crypto wallet that’s helping users reclaim their privacy. For starters, it’s a non-custodial wallet, meaning you alone have the ownership of your private keys. Therefore, none apart from you will be able to access your crypto assets. The app also comes with Fireblock’s MPC-CMP wallet technology, which uses cutting-edge cryptographic techniques to safeguard your digital wealth. We were also impressed to find out that fantastic in-app and crypto-related security is complemented by excellent app access controls. Thanks to a plethora of 2FA/MFA options, which include biometrics, you don’t have to worry about the unfortunate scenario of your mobile ending up in the wrong hands. The good news keeps coming, as Best Wallet also offers its users third-party insurance for all their crypto assets stored with Best Wallet. This is a brilliant offering and one you should definitely opt for, especially at a time when hacks and scams are as prevalent as they are. In addition to rock-solid security, Best Wallet also hits it out of the park when it comes to being user-friendly. It has sleek apps for both Android and iOS – and a browser extension for desktop is on its way. Last but not least, Best Wallet is also a joy for smart crypto investors who like getting in before the coins are listed on exchanges. That’s because Best Wallet is the only crypto wallet that allows its users to invest in new meme coins on presale directly from within the app. Buy $BEST – The Next Crypto to Explode Apart from the above, Best Wallet’s roadmap suggests that it’s soon going to offer support for over 60 chains. This would then make it a one-stop solution for managing all your crypto assets. If you want to be a part of Best Wallet’s remarkable growth story, consider investing in Best Wallet Token ($BEST) – the native cryptocurrency of Best Wallet and one of the best cryptos to buy now. Owning $BEST won’t just allow you to ride Best Wallet’s market takeover – it plans to capture over 40% of the non-custodial crypto wallet market by 2026 – but it also comes with its own special perks. First and foremost, $BEST investors will have to pay lower transaction fees on Best Wallet. Second, they’ll get priority access to the best crypto presales. This way, they’ll be able to become early investors (which means more profits) in some of the best projects going around. Third, $BEST investors will have the opportunity to earn extra income through staking. The current rewards rate is 136%. However, it’s worth noting that this rate is dynamic and will likely reduce as the $BEST presale proceeds. Speaking of the Best Wallet Token presale, it has so far raised over $11.4M, and you can buy each token for just $0.024525 if you get in now. If this is your first presale purchase, here’s a detailed guide on how to buy $BEST. Also, check out our Best Wallet Token price prediction for more details on the crypto’s future. Best Wallet’s potential aside, do note that the crypto market is unpredictable. It’s rife with volatility, which is why you must only invest an amount that’s small enough for you. As always, we urge our readers to do their own research. This article isn’t a substitute for financial advice, after all.

#cryptocurrency market news

Bitcoin’s recent dip from an all-time high of $109K all the way to $77K rattled a lot of retail investors, who started panic selling, which further intensified $BTC’s fall. However, smart investors knew all along that corrections in an extremely bullish market (referring to Bitcoin’s November run) are healthy. In fact, they only mean one thing – new accumulation zones before the next rally begins. Several strong technical analysis signals are now pointing towards the same, i.e., Bitcoin is currently in an accumulation phase and that it’ll soon begin its next leg higher. Read on as we dive deeper into Bitcoin’s analysis, why this could be the perfect time to be a buyer, and finally which new meme coins on presale you should be looking at. 4 Reasons Why Bitcoin Could Rally Higher Here’s a detailed run-through of all the major reasons why $BTC is in a pole position to reach new highs. 1. The Long Term Holder Supply for Bitcoin is showing a noticeable increase. This simply means that long-term $BTC HODLers who initially sold the crypto to lock in some profits are now re-purchasing it. A phenomenon like this is exactly what precedes a parabolic price movement. 2. The Value Days Destroyed (VDD) Multiple is currently very low. This metric, by the way, measures Bitcoin transactions based on both transaction size and coin age and then compares it to a previous yearly average. The VDD Multiple being low is great news because it tells us that large, older Bitcoins are not being transacted. Essentially, institutional buyers are holding onto their $BTC. 3. The Net Unrealized Profit and Loss (NUPL) has once again entered the ‘Belief’ zone after briefly slipping into ‘Anxiety’ during the recent fall. This is a strong sign that Bitcoin’s current prices could be a long-term higher low. 4. The Hash Ribbons Indicator has just churned out a buy signal thanks to a bullish crossover. The short-term hash rate trend has just moved above the longer-term average, showing that miners are confident that Bitcoin’s price is going to increase in the near future. Having pointed out the general direction Bitcoin is expected to follow next, we’d like to mention three presale meme coins that you should consider purchasing to make the most of the next $BTC rally. 1. BTC Bull Token ($BTCBULL) – The Best New Meme Coin on Presale Right Now With the Bitcoin bull market currently in accumulation, we have on our hands what smart money refers to as the perfect time to buy long-term assets. While directly buying Bitcoin could be a good decision, consider becoming an investor in BTC Bull Token ($BTCBULL) if you want to maximize your earnings. Because BTC Bull Token gives out free $BTC every time the OG crypto surges past a new milestone (such as $150K, $200K, and $250K), the token’s price will rise alongside Bitcoin’s. Keep in mind, though, that you must hold $BTCBULL tokens in Best Wallet to qualify for automatic Bitcoin airdrops from BTC Bull Token. Additionally, the $BTCBULL team plans to get rid of a part of the total token supply at regular intervals. This will ensure there’s always enough demand for $BTCBULL and that its price follows an upward trajectory. The best crypto to buy now for Bitcoin maximalists, BTC Bull Token is currently in presale. It has raised over $4.2M at the time of writing, and it’s just over a month old. You can grab one token for just $0.002435 if you get in now. For more info, here’s a step-by-step guide on how to buy $BTCBULL. 2. MIND of Pepe ($MIND) – Top AI Agent Coin Revolutionizing Crypto Investing If you’re looking for a reliable ally to help you hunt down the best altcoins, try MIND of Pepe ($MIND). It’s a revolutionary AI agent coin equipped with state-of-the-art hive-mind intelligence that will help you build a rock-solid crypto portfolio capable of outperforming the average market returns. Essentially, it will interact with the crypto community on online forums, like dApps and X, understand all that’s being said about crypto and the numerous tokens therein, and finally separate the wheat from the chaff. $MIND token holders will be the only ones who get this AI’s exclusive market insights and token recommendations. Interestingly, down the line, they’ll also be rewarded with early-bird access to cryptos created by $MIND firsthand. The MIND of Pepe presale is currently ongoing and has so far amassed over $7.7M. Each token is currently available for just $0.0036234, which is the cheapest you’ll ever get it for. Here’s how to buy $MIND. 3. Lightchain AI ($LCAI) – AI Crypto Project Currently in Presale Lightchain AI is one of the most anticipated projects, seeing as it plans to combine the superpowers of artificial intelligence and blockchain technology. Simply put, it will use AI to create blockchains that are smarter and more secure than the ones that came before them. Owning $LCAI, the project’s native cryptocurrency, will also give you the power to vote on the future of Lightchain AI. Luckily for you, this fantastic and unique community-driven AI-crypto partnership is still in its presale, which is why it’s available for a low price of $0.007125 per token. Put together, the project has raised more than $18.6M, meaning it’s easily among the best crypto presales right now. Bottom Line Although Bitcoin’s positive outlook is undeniable, it’s worth remembering that no amount of analysis can guarantee a certain outcome. At the end of the day, the market does what it wants to. The ability to deal with uncertainty is at the heart of investing, especially in crypto. This is why we recommend only investing a small amount. Additionally, you must always do your own research before investing. None of our guides are a substitute for professional financial advice.

#ethereum #bitcoin #btc #link #chainlink #cryptocurrency market news #crypto market recovery #crypto analyst #crypto trader #crypto investor #linkusdt #chainlink breakout #crypto market correction

Amid today’s market correction, Chainlink (LINK) has lost its recent gains, falling back to a crucial support level. An analyst suggests a monthly close above its current range could position the cryptocurrency for a 35% surge. Related Reading: SUI Reclaims Key $2.40 Support Amid Breakout – Is A New High Coming? Chainlink Retest Crucial Price Zone Chainlink has retraced 9.1% in the past 24 hours to retest the key $14 support zone again. The cryptocurrency surged 15.7% from last Friday’s lows to hit an 18-day high of $16 on Wednesday, momentarily recovering 35% from this month’s low. However, the recent market correction halted the momentum of most cryptocurrencies, with Bitcoin (BTC) falling back to the $83,700 mark and Ethereum (ETH) dipping to the $1,860 support zone. Today, LINK dropped from $15 to $14.07, losing all its Wednesday gains. Previously, analyst Ali Martinez noted that the cryptocurrency has been in an ascending parallel channel since July 2023. Chainlink has hovered between the pattern’s upper and lower boundary for the last year and a half, surging to the channel’s upper trendline every time it retested the lower zone before dropping back. Amid its recent price performance, the cryptocurrency is retesting the channel’s lower boundary, suggesting a bounce to the upper range could come if it holds its current price levels. Meanwhile, Rekt Capital highlighted that the token is testing its multi-month symmetrical triangle pattern, which could determine the cryptocurrency’s next move. As the analyst explained, Chainlink consolidated inside a “Macro Triangular market structure” for most of 2024 before breaking out of the pattern during the November market rally. During the Q4 2024 breakout, the cryptocurrency hit a two-year high of $30.9 but failed to hold this level in the following weeks. As a result, it has been in a downtrend for the past three months, with LINK’s price falling back into the Macro Triangle. “The main goal for LINK here is to retest the top of the pattern to secure a successful post-breakout retest,” Rekt Capital detailed, adding, “It’s possible this is a volatile post-breakout retest.” LINK Needs To Hold This Level Rekt Capital pointed out that, historically, Chainlink has had downside deviations into this price range: “Back in mid-2021, LINK produced a downside deviation into this price area in the form of multiple Monthly downside wicks.” Nonetheless, the cryptocurrency is downside deviating “but in the form of actual candle-bodies closes rather than downside wicks” this time. The analyst also highlighted that, like in 2021, LINK is trading within a historical demand area, at around $13-5 and $15.5, testing this zone as support. Based on this, the cryptocurrency must successfully hold this area to “position itself for upside going forward.” Related Reading: Is Solana Preparing For Rally To $180? SOL’s Social Sentiment Hits Historic Positive Levels Moreover, the retest is key for reclaiming the top of its triangular market structure. Breaking and recovering that level would “exact a successful post-breakout retest” and enable the price to target the $19 resistance in the future. The analyst concluded that if LINK closes the month above the triangle top, it “would position price for a successful retest, despite the downside deviation.” As of this writing, Chainlink trades at $14.09, a 6.9% drop in the monthly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

#bitcoin news #gamestop #cryptocurrency market news #btc news #gme #gamestop news

GameStop (NYSE: GME) suffered a sharp 25% drop yesterday, a sudden downturn that followed a 16% rally on March 26. The catalyst? A bold decision by the gaming retailer’s board to establish a Bitcoin treasury—joining the ranks of MicroStrategy, Metaplanet, and other corporations. Initially, the news sent GME shares soaring, as investors viewed the move as a bullish signal. However, the stock quickly reversed course and now finds itself in turbulent waters. Investor optimism over GameStop’s Bitcoin play was palpable at first. The announcement sparked excitement similar to when MicroStrategy began accumulating Bitcoin. Yet the initial rally gave way to heavy selling pressure, erasing nearly $3 billion in market value. While the company has not fully detailed its strategy or timeline for Bitcoin acquisitions, the market’s whiplash response has prompted widespread debate. GameStop’s ‘Convertible Arbitrage’ Factor On X, analyst Han Akamatsu offered an explanation rooted in parallels to MicroStrategy’s past financing methods. He began by noting: “Let me explain to you why GameStop is falling today, as far as I understand based on my MSTR experience.” According to Akamatsu, when MicroStrategy previously issued convertible notes, large institutional buyers used a strategy known as convertible arbitrage: “When MSTR issued convertible notes, institutional buyers used convertible arbitrage: They bought the bonds, shorted MSTR stock to hedge [and] waited for the bond to either convert or mature.” He emphasized that this process created “artificial short pressure” on the stock—despite MicroStrategy’s own bullish outlook on Bitcoin. Akamatsu then referenced MicroStrategy’s 2021 issuance: “In 2021, MSTR issued $1.05B of 0% convertible notes, the stock dipped after the announcement due to hedging shorts, but later exploded when Bitcoin ripped and the arbitrage unspooled.” Akamatsu went on to connect these dots to GameStop’s current situation: “GME is following the same blueprint now:Issue $1.3B in 0% convertibles, likely going to buy Bitcoin [and] institutions are now shorting GME to hedge.” He pointed out that if GME or Bitcoin rises substantially, the short positions set up to hedge the convertibles could be unwound en masse: “If GME or BTC goes up a lot, the trade gets very interesting as we have a squeeze opportunity here.” He further explained the typical ratio of shorts involved: “A common practice is to short 50–70% of the bond’s notional value in stock. They make money on the arbitrage between the bond conversion price and the stock price, even if the stock stays flat or drops.” Finally, Akamatsu noted that the volume-weighted average price (VWAP) would influence the conversion price: “VWAP pricing window behavior, they’ll want the stock low to get favorable conversion. Conversion price will be based on GME’s VWAP […] from 1:00 PM to 4:00 PM EDT on the pricing day.” Criticism Over the Risk Some market watchers have criticized GameStop’s board for incurring what appears to be self-inflicted selling pressure. One user on X questioned whether Chairman Ryan Cohen (often referred to by the initials RC) had miscalculated: “Hi Han, great analysis as usual… however, nearly $3bn market value is wiped out today. RC should really ask himself if it is worth it or he miscalculated. The hedge is supposed to mitigate risk in nature. But itself creates much more risk.” Akamatsu stood by his take, asserting: “Calculated and all going according to plan. If you’re not really into the MSTR playbook, I recommend you to check their strategy.” In another post, Akamatsu drew comparisons to a setup he observed with Celsius Holdings (NASDAQ: CELH): “GME has a similar pattern with what CELH had when I claimed this was an easy 100% setup.” He referenced chart analyst Thomas Bulkowski’s work on wedge patterns, hinting that a retracement might offer a buying opportunity: “If GME starts retracing after that solid breakout, textbook Bulkowski says that 7/10 times price tests the wedge again and then has a greater takeoff.” The analyst reassured traders not to panic if the stock dips further, stressing it could be a standard technical move: “So, if you see GME retrace … don’t panic as this will be normal. You’ll have another chance at a great entry when this tests the wedge again.” He concluded on a hopeful note: “I’m having my fingers crossed this will simply skyrocket.” At press time, GME stood at $22.30. Featured image created with DALL.E, chart from TradingView.com

#cryptocurrency market news

Bpifrance, a state-owned French bank, has announced that it will buy $27M worth of crypto. Unlike the likes of Japan, Hong Kong, and businesses like MicroStrategy, though, Bpifrance will only invest in projects that support local blockchain and crypto development. Keep reading to find out Bpifrance’s investment strategy, how the US’s crypto push is accelerating global crypto adoption, and which could be the next crypto to explode as a result. A Move to ‘Strengthen the French Blockchain System’ As mentioned earlier, what’s interesting is how France is modeling its push for digital assets. It doesn’t just want to ride the crypto wave; it wants to be a part of it. Furthermore, the investment will benefit local crypto and blockchain projects involved in all major crypto-related niches, including decentralized finance (DeFi), tokenization, staking, and AI. We are convinced of the growing importance that these players will take on in the years to come, and we want to increase French competitiveness and presence in the field of digital assets – Arnaud Caudoux, Deputy CEO of Bpifrance It’s also worth noting that this isn’t Bpifrance’s first crypto rodeo. In 2014, it invested in a hardware wallet firm called Ledger (yes, that Ledger). It has also made crucial contributions in ACINQ, Morpho, and Aleph.im. With the new pro-crypto Trump administration pushing for lenient crypto regulations and announcing their desire to make the US the crypto capital of the world, countries like France are taking note and rallying in support of local talent. The global crypto push is only getting started, and with conventional economic superpowers racing for the top seats in DeFi and blockchain tech, there’s undoubtedly a fortune to be made in this new-age investment niche. To help you make the most of the world’s new-found (and potentially long-lasting) love for crypto, we’ve handpicked three top cryptos you should consider buying right now. 1. BTC Bull Token ($BTCBULL) – Most Likely to Be the Next Crypto to Explode in 2025 The market’s love for Bitcoin – which is a direct reflection of the US government’s support for it – has well and truly ushered in a ‘digital gold rush.’ BTC Bull Token ($BTCBULL) is, therefore, the best altcoin to buy right now, seeing as it gives you front-row seats to Bitcoin’s success – but at a fraction of the cost. That’s because it will give token holders free $BTC. We’re also impressed by the fact that these Bitcoin giveaways have been masterfully scheduled to take place every time $BTC reached a new milestone – such as $150K, $200K, and $250K. The only other thing you should take note of is to buy and hold $BTCBULL in Best Wallet, as that would qualify you for automatic $BTC airdrops. Moreover, there will also be a token burn event when Bitcoin reaches $125K, $150K, $175K, and every subsequent $25K price point. As you might have guessed, this will contract supply, which would then increase the token’s demand – and ultimately its price. $BTCBULL is currently in presale ($4.2M+ raised), meaning you can buy it for a low price of $0.002435. Check out our BTC Bull Token price prediction to better understand why we’re so excited about it – and here’s a guide on how to buy it. 2. Solaxy ($SOLX) – Top Altcoin Building First-Ever L2 for Solana Solana has been a huge facilitator for meme coins, offering a low-cost and highly scalable blockchain network – exactly what meme coin developers are after. However, things haven’t really been ideal for Solana for the last few months. The launch of $TRUMP, $MELANIA, and Pump.fun overloaded Solana, and it has been struggling with scalability, congestion, and failed transactions. Solaxy ($SOLX) is a new cryptocurrency, aiming to build the first-ever Layer 2 scaling solution on Solana. It will offload a hefty portion of Solana’s total transactions onto a sidechain, thereby reducing the burden on the blockchain’s mainnet. It’s worth noting that $SOLX is a multi-chain token – it’s designed to benefit from not only Solana’s speed but also Ethereum’s vast liquidity pool. Thanks to its one-of-a-kind application, the Solaxy presale has seen unprecedented interest from investors. It has already raised over $28M, and we’re still a long way out from its end. You can join one of the biggest crypto presales for just $0.001676 per token. If this is your first presale purchase, here’s a detailed guide on how to buy Solaxy. 3. Ghiblification ($GHIBLI) – New Meme Coin Dominating the Market Ghiblification is the perfect example of what meme coins truly embody – surreal gains within a short period thanks to community backing and market hype. A new version of ChatGPT is currently all the rage on the internet. It allows people to transform just about any picture – a popular sports event or a personal picture with a partner – into the famous Ghibli-style animation. Studio Ghibli, by the way, is a renowned Japanese animation studio and the creator of popular movies like ‘Spirited Away.’ After launching on the exchanges just over a couple of days ago, $GHIBLI is already up over 31%. This includes a mind-blowing 91% gain in the last 24 hours. The token is currently trading at $0.03205. Given that the hype for these AI-generated animated pictures is still alive and kicking, $GHIBLI could well replicate $BROCCOLI’s returns. Bottom Line With another country joining the crypto fray, the above-mentioned trending cryptos are in the best position to benefit from crypto’s next rally. Despite the promise being shown, though, it’s crucial you only invest a sensible amount because crypto – and particularly meme coins – is unpredictable. Also, kindly do your own research before investing, as none of the above is financial advice.

#solana #sol #cryptocurrency market news #solusdt #crypto market recovery #crypto analyst #crypto trader #crypto investor #solana analysis #solana sentiment #memecoin frenzy #crypto market retrace #crypto market correcion

Solana (SOL) is attempting to reclaim a key support level amid the recent market recovery, with bullish sentiment seemingly returning to the Altcoin. Some analysts suggested that its momentum could propel the cryptocurrency to the next crucial resistance. Related Reading: Analyst Says Bitcoin (BTC) Could See A 14% Price Jump If This Level Is Reclaimed Solana Sentiment Hits Positive Levels Again Over the past few days, Solana has seen a bullish recovery from last week’s lows, surging 14% from the $121 support. The market’s recovery has propelled the token above the $145 barrier earlier this week, after printing five consecutive green daily candles. Amid this week’s surge, on-chain analytics platform Santiment highlighted that Solana’s social sentiment has seen a massive surge to historic highs fueled by institutional interest, technological advantages, community support, and influencer engagement. “With news of institutions like GameStop and BlackRock are integrating Bitcoin and launching yield-bearing tokenized treasury funds on Solana, crypto’s #5 market cap asset is seeing an astounding level of bullish sentiment pouring in on social media,” explained Santiment’s Director of Marketing, Brian Quinlivan. Per the post, social media posts reflect optimism for SOL’s price recovery and a bullish outlook on the broader crypto market. Notably, Solana registers a “nearly unheard of positive vs. negative commentary ratio of 18:1 right now.” Just a month ago, the SOL’s sentiment hit its lowest level in a year. According to analyst Miles Deutscher, the sentiment has not been at those levels since Solana reclaimed the $100 barrier in early 2024. It’s worth noting that market sentiment significantly shifted following the collapse of the memecoin frenzy, which fueled SOL’s rally throughout last year. After the TRUMP and MELANIA memecoin launches and the LIBRA token controversy, several community members expressed increasing fatigue from the numerous scams. Subsequently, the cryptocurrency’s price dropped over 50% from its January all-time high (ATH), losing the $200 support zone and hitting a yearly low of $111 earlier this month. SOL Gearing Up For Next Big Resistance Various market watchers noted Solana’s recent performance, underscoring the reclaim of the $136 level on Monday. This level has been a significant resistance for the past two weeks and has also served as a key breakout level during the Q1 and Q4 2024 breakouts. Analyst Jelle considers there’s “a lot of ground to cover” despite the “solid reclaim” of the 2024 range lows. Meanwhile, another market watcher pointed out that Solana broke out an ascending triangle pattern after the price surge. Related Reading: SUI Reclaims Key $2.40 Support Amid Breakout – Is A New High Coming? After attempting to reclaim the $140 mark this morning, SOL is currently retesting the recently recovered support, hovering between the $136-$139 price range. A successful breakout confirmation could impulse Solana’s rally toward the next big barrier, at $180. According to Ether Wizz, SOL is “fully ready for its next B I G move.” Once the next crucial resistance is broken, the “next leg up will take us towards $270. Many people are still not ready for this move,” the analyst concluded. As of this writing, Solana trades at $138, a 2% surge in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

#bitcoin #crypto #btc #crypto market #bitcoin market #bitcoin price analysis #btcusdt #cryptocurrency market news

The crypto market continues to evolve as shifts in market capitalization among major digital assets reflect both investor sentiment and fundamental developments. A recent analysis from CryptoQuant provides a closer look at how top crypto have performed in terms of market cap and drawdowns over the past several months. Related Reading: Bitcoin Breaks Daily RSI Downtrend, But Analyst Warns Of Strong Resistance Ahead BNB, XRP, and Ethereum Show Diverging Trends One of the most notable shifts has been Binance Coin (BNB) reclaiming its position as the fifth-largest cryptocurrency by market capitalization. BNB’s market cap rose to approximately $92 billion, surpassing Solana (SOL), which now sits at $74 billion. This shift follows a strong rally in SOL during late 2024, largely fueled by growth in its meme coin ecosystem. However, the attention of speculative activity appears to have transitioned toward the BNB Chain, where similar crypto ecosystem momentum has helped support its recovery. Another significant market cap development involves XRP. According to CryptoQuant, XRP’s market capitalization increased substantially following the 2024 US presidential election. Market Cap Evolution of Top Cryptocurrencies BNB and Bitcoin are currently experiencing the lowest drawdowns among this group, each down approximately 20% from their all-time highs, indicating relatively strong price performance and resilience. pic.twitter.com/dW3tXlvSMG — CryptoQuant.com (@cryptoquant_com) March 27, 2025 From a valuation of $30 billion in early November, XRP’s market cap climbed to $141 billion by March 2025. The timing of this rise appears to align with the outcome of the US election, which some believe could potentially influence regulatory sentiment around crypto assets. In contrast, Ethereum (ETH) has faced a more challenging trajectory. After peaking in late 2024, ETH’s market capitalization declined by 50% to around $240 billion as of March 2025. This sharp drop highlights the current volatility in the altcoin market and raises questions about Ethereum’s ability to maintain its prior valuation levels amid shifting macro and sector-specific factors. Crypto Price Resilience and Drawdown Metrics CryptoQuant’s report also evaluated drawdowns—the decline from an asset’s all-time high—as a measure of relative performance. Bitcoin (BTC) and BNB emerged as the most resilient assets among the group, each down approximately 20% from their respective all-time highs. BNB’s stability has been linked to its continued utility within the Binance ecosystem, including usage for transaction fees and platform-related activities. Meanwhile, ETH and SOL have struggled to recover from deeper drawdowns. Both assets are currently more than 50% below their previous peaks, highlighting higher levels of volatility and reduced investor momentum. Related Reading: Solana Tags Upper Bollinger Band For First Time Since ATH — Is Momentum Returning? Although XRP has seen a rise in market capitalization, its price still reflects a drawdown of roughly 36%, indicating that much of the new capital inflow has yet to translate into price recovery. Featured image created with DALL-E, Chart from TradingView

#cryptocurrency market news

The Blockchain Group recently bought another 580 Bitcoins, marking its third significant Bitcoin purchase since Trump’s election victory. It became the latest to join the long list of companies buying record amounts of Bitcoin in what’s a crystal-clear industrial shift towards digital assets. Read on as we explore TBG’s Bitcoin strategy, which other companies are sharing a similar love for $BTC, and how a latest pro-crypto regulatory change could mean a bright future for BTC Bull Token, a Bitcoin-themed meme coin. The Blockchain Group’s Bitcoin Purchases As mentioned earlier, this is The Blockchain Group’s third Bitcoin purchase. Interestingly, all three purchases happened on important dates. The first purchase (15 $BTC) was on November 15, which is when Donald Trump won the presidential elections. The second purchase (25 $BTC) was on December 4 – just a day before the King Crypto surged past $100K for the first time. The third and most recent purchase (580 $BTC) comes just five days before the close of Q1 2025 – as well as the first anniversary of the Bitcoin halving, which occurred on April 20. Other Companies Buying $BTC The Blockchain Group isn’t the only one keen on following the buy and HODL strategy for Bitcoin. GameStop made the news last week when it announced plans to buy Bitcoin through debt financing. This immediately saw the company’s stock surge over 12% in a single day. MicroStrategy, helmed by the pro-crypto Michael Saylor, recently reached record levels of Bitcoin holdings. The company currently holds over 506K $BTC, which is worth approximately $44.2B. 1 $BTC is currently priced at $87,488. A huge reason for this large shift towards digital assets is the new Trump administration’s pro-crypto attitude. For instance, Trump’s SEC nominee, Paul Atkins, said that the ‘ambiguous and non-existent’ digital asset regulation under Biden would see a complete 180-degree shift should he be appointed as the SEC chairman. ‘A top priority of my chairmanship will be to work with my fellow Commissioners and Congress to provide a firm regulatory foundation for digital assets through a rational, coherent, and principled approach’ – Paul Atkins. Bitcoin Is a Great Investment – But There Could Be a Better One Bitcoin’s popularity is on full display right now. Institutions, companies, and even countries are rushing to buy the ‘digital gold.’ Absolutely no one wants to miss out on possibly the greatest modern-day investment opportunity. What’s more, Bitcoin is also showing multiple positive signs on the technical analysis front, confirming its strong fundamentally bullish sign. For instance, it’s bouncing almost perfectly from the 50 EMA on the weekly chart, which also happens to be the 50% Fibonacci level. Simply put, Bitcoin has had the perfect amount of correction after its November 2024 rally and looks ripe to rally higher – potentially beyond the $109K level. Time to get in and ride the crypto wave? Certainly. Needless to say, however, Bitcoin is an expensive investment, particularly if you want to generate sizable gains. Enter BTC Bull Token ($BTCBULL), a new meme coin designed to follow the coattails of Bitcoin. What’s BTC Bull Token? BTC Bull Token is the only crypto project offering real (and completely free) $BTC to its token holders. Whenever Bitcoin reaches a new significant all-time high (such as $150K, $200K, and $250K), $BTCBULL holders (who store their tokens in Best Wallet) will receive Bitcoins as a reward for their loyalty. We dug deeper into BTC Bull Token‘s proposed roadmap and found that it plans to organize regular token burn events – every time $BTC’s price increases by $25K, to be precise. This simply means that at price points of $125K, $150K, $175K, and so on, the $BTCBULL developers will shave off a part of the total token supply. It’s a tried-and-tested strategy used by the best cheap cryptos to artificially reduce supply and boost demand – and ultimately bring about a jump in the token’s price. Combined with the fact that 40% of the total supply has been reserved for PR and marketing purposes, $BTCBULL is highly unlikely to fall flat after its launch. Why $BTCBULL Could Be the Next Crypto to Explode? All in all, BTC Bull Token has provided their investors with multiple reasons to put their faith in $BTCBULL for the long haul. To sum it up, $BTCBULL’s price will: Increase as Bitcoin’s price rises, i.e., the next $BTC airdrop edges closer. Increase whenever there’s a token burn event. The best part, however, is that $BTCBULL is still in its presale, which is easily the best stage to become an investor in a high-potential crypto project. It’s also worth noting that BTC Bull Token is among the hottest crypto presales going around. It raised $1M within just 24 hours of its launch, after all. Luckily for you, the presale is still in its early stages, which is why you can grab one token for a ridiculously low price of $0.00243. The project has so far raised over $4.1M and looks far from done. Here’s how to buy BTC Bull Token. More good news comes from our detailed BTC Bull Token price prediction. According to our analysis, $BTCBULL can reach a high of $0.0084 by the end of 2025 – and then $0.0096 by 2026. That would result in a 345% and 395% ROI, respectively. Oh, and let’s not forget the extra income through free $BTC airdrops. For more information, check out $BTCBULL’s X feed and Telegram channel. But, and you probably know this by now, nothing is guaranteed in crypto. The market’s pretty volatile and reactive to the larger macroeconomic conditions. This calls for a healthy mix of caution and aggression. For example, do invest in the best meme coins like $BTCBULL but only an amount you’re comfortable sidelining. Lastly, kindly do your own research before investing. None of the above should be misunderstood as financial advice from a professional.

#sui #sui network #cryptocurrency market news #crypto market recovery #crypto analyst #crypto trader #crypto investors #suiusdt #wlfi #sui analysis #crypto market correction

Sui Network’s native token, SUI, has reclaimed a crucial level after its 10% price breakout. The token has shown bullish momentum over the past few days, climbing to weekly highs on Wednesday. Various market watchers suggested the momentum could send the cryptocurrency to new highs in Q2. Related Reading: Analyst Says Bitcoin (BTC) Could See A 14% Price Jump If This Level Is Reclaimed  SUI Reclaims Key Breakout Level Today, SUI, one of the cycle’s leading tokens, retested the $2.60 resistance for the first time in nearly three weeks after reclaiming a key support zone on Tuesday. The cryptocurrency has lost several crucial levels during the Q1 2025 retraces, falling over 50% from its January all-time high (ATH) to a four-month low of $1.96. However, it has regained momentum amid institutional adoption, including its partnership with World Liberty Financial (WLFI), US President Donald Trump’s crypto venture, and Canary Capital’s recent filing of a Form S-1 for an SUI spot exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC). The cryptocurrency moved toward the $2.45 mark in the following days, suggesting that holding this level could send SUI to the next crucial barrier. After pulling back to $2.20, the token’s momentum resumed on Saturday, rising 13% in the past week after printing five consecutive green candles. Amid its performance, some analysts noted that SUI reclaimed the key $2.40 support, which served as a significant resistance during the post-US elections breakout and a bounce zone during the February retraces. Analyst Michäel van de Poppe suggested that the token is “one to keep an eye on,” highlighting that the “tremendous” retest of the high timeframe support “indicates that we’re likely going to expand to the upside from here.” Is It Ready For New Highs? In the past 24 hours, SUI surged 10% to the $2.60 resistance, hitting a 20-day high of $2.65 on Wednesday before retracing. As various market watchers pointed out, this price action has seen the token break out of a multi-month falling wedge pattern. A retest and confirmation of the breakout level could propel the token to attempt to reclaim its two-month downtrend. Analyst Sjuul from AltCryptoGems considers that the cryptocurrency should be “ready to go” to the $2.80 mark, based on its “bullish market structure and nice strength.” Previously, Ali Martinez suggested that after reclaiming the $2.45 level, SUI would be poised for a 15% move to this area. Related Reading: Ethereum To End March In Green? ETH ‘Only’ 6% Away From Positive Monthly Close Moreover, the token could also surge toward a new high if history repeats itself. Since 2023, SUI has broken out of a multi-month falling wedge twice, in October 2023 and August 2024, which propelled the cryptocurrency to new ATHs in the coming months. Meanwhile, trader Crypto Bullet noted that the cryptocurrency has recently reclaimed the 365-day Exponential Moving Average (EMA) after trading below it over the past few weeks. According to the trader, holding this level as support could impulse the token’s rally toward its January high of $5.37. As of this writing, SUI trades at $2.58, a 5.5% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com