UK ownership jumped from 18% to 24%, according to a survey by the crypto exchange.
Solana may lag Ethereum in the near term until new use cases beyond memecoins gain traction, according to Standard Chartered.
Dogecoin has held steady above $0.22 since May 20 and climbed back after a brief dip. It hit $0.25 on May 23, then eased into the weekend. In the last 24 hours, the token is up 4.1%. Over a week, it’s up 5%, even though it slipped midweek. Related Reading: XRP ETF At 83% Approval Odds—Is The SEC Losing Grip? The Triangle Pattern According to TradingView analyst Akbar Karimzsfeh, Dogecoin has been tracing a long, tightening triangle since its all-time high of $0.73536 on May 3, 2021. That peak was followed by a drop to $0.048 on June 13, 2022. Since then, every attempt to break lower—on June 5, August 14 and October 9 of 2023—has failed. The lines of the triangle are closing in. When they meet, a sharp move is likely. Key Resistance Levels Based on data, the upper trendline of the triangle also matches the top of a large “cup” pattern around $0.4916. There was an attempted breakout in December 2024, and prices almost hit that $0.4916 mark but got pushed back. After that, DOGE slid down to $0.13. It has since recovered some ground, but it still has to clear that $0.4916 hurdle before bulls can claim real control. Recent Price Moves Dogecoin hovered around $0.22 between May 20 and May 26. It peaked at $0.25 on May 23, only to slip afterward. Then the last 24-hour gain of 4.1% showed it can bounce from support. The 5% weekly rise points to steady buying, even with some pullbacks in the middle of the week. Traders are watching for a daily close above $0.50 as a sign that the long squeeze is over. On-Chain Metrics Rise On-chain data backs up the price action. New addresses have jumped by 102.40% in the past seven days. Active addresses climbed 111.32%. Zero balance addresses went up 155.45%. That suggests more people are sending small amounts of DOGE or testing the network. It doesn’t guarantee they’re holding long term, but it does flag higher interest and activity. DOGE price up in the last week. Source: CoinMarketCap Related Reading: Bitcoin To $125K By End Of Q2? Bold Call From Bybit Executive If Dogecoin can break above the top trendline and hold above $0.49, some see a move toward $3.08. That target is based on adding the triangle’s height to the breakout point. It’s a big leap. Psychology and trading fees could slow that run. But the pattern says a strong move may be coming. Based on reports, caution is still wise. Wait for clear confirmation before betting on a moonshot. A slip below the lower trendline near $0.05 would turn the picture bearish. For now, Dogecoin sits in the balance, squeezed between two key trendlines. Traders and fans will be watching every close above $0.49 or fall below $0.05 to gauge the next big move. Featured image from Gemini Imagen, chart from TradingView
A well-known crypto analyst, going by the name Egrag Crypto, has laid out some eye-popping targets for XRP. According to his charts, the token could climb as high as $45, a 2,700% jump from its current price. A more modest scenario would still send it to $19, up a little over 1,000%. He points to past cycles where similar moves took shape over roughly 770 days. Yet not everyone is on board with his bullish outlook. Related Reading: Investors Pour $2.75 Billion Into Bitcoin ETFs As Price Skyrockets Historical Moves And Cycle Timing Based on reports, Egrag Crypto stresses that XRP’s rallies in 2017 and 2021 followed almost identical paths. The token hit $3.25 in 2017 after surging 2,770%. Then in 2021 it jumped 1,052% to about $1.80. Each rally was marked by a bearish crossover on the 21 EMA and the 33 MA, followed by sideway trading for around 777 days after the 2018 peak and 770 days after the 2021 high. He believes the same setup started late in 2024, when XRP climbed nearly sixfold from its previous low. #XRP – Targeting $19 or $45? ????Charts Men lie, women lie, but charts don’t! ???? I’m not improvising here; I’m relying on historical data to present future predictions. Will it rhyme exactly? No, because if it were that easy, everyone would be a multimillionaire! ???? ????Human… pic.twitter.com/YasA4k98fd — EGRAG CRYPTO (@egragcrypto) April 11, 2025 Bullish Targets And Risks According to the analysis, a repeat of past moves could push XRP as high as $45. A less aggressive run would still see it reach $19. Egrag Crypto even points to an intermediate target of about $27 as a likely milestone. Those numbers assume a straight path up, but markets rarely move in straight lines. Big jumps often end with sharp pullbacks. Traders chasing 2,700% gains could face long wait times and steep drops. Bearish Views Gain Ground Other voices warn against getting swept up in the hype. Market watcher Koroush says now is a time for shorts. He pegs a possible decline to $1.30. Others favor a short bias, pointing to weakening demand and faltering momentum. Related Reading: Bitcoin To $125K By End Of Q2? Bold Call From Bybit Executive Advice For Traders Egrag Crypto recommends a simple Dollar-Cost Averaging plan. Buy small amounts at regular intervals. That way, no one big buy leaves you exposed. He says to sell in slices, too. Lock in gains at key levels instead of betting everything on the top. This kind of step-by-step play can cut losses and smooth out wild swings. Looking Ahead The debate around XRP’s next phase is far from over. Historical charts show one side of the story. On-chain trends, legal battles, and macro factors tell another. If charts really don’t lie, as Egrag Crypto quips, XRP might be gearing up for a fireworks show. Featured image from Unsplash, chart from TradingView
U.S. President Donald Trump’s private dinner gala with the top 220 holders of his memecoin, which generated controversy from its announcement, took place on May 22. But what was touted as “the most exclusive invitation in the world” elicited mixed and wide-ranging responses from its attendees. While some complained about the quality of the food […]
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According to an analyst, XRP could jump to $27 within about 60 days if it really does follow the same path it took back in 2017. The market expert points out that the token is acting a lot like it did before, and that has some traders watching closely. The setup is simple: repeat history, hit big targets, cash out along the way. Related Reading: Traders Pile In: Bitcoin Open Interest Hits All-Time High As Price Nears $112K XRP Fractal Moves Mirror 2017 Based on reports, XRP first climbed from $0.0055 in March 2017 to $0.3988 by May of that year. Then it cooled off for roughly six months. In its current run, XRP lagged around $0.50 through most of 2023 and into early 2024. After the US elections in November 2024, it shot up nearly 600%—from $0.50 to $3.40 by January 2025. Now it’s pulled back and is sitting still. That pattern looks a lot like what happened eight years ago. #XRP – Fib Circle & The Surge (1700% in just 60 Days!): If #XRP is repeating the last section or pattern from October 2017, we might be on the brink of a major breakout soon! ???? Back in October 2017, XRP took roughly 63 days to explode and set a new all-time high, skyrocketing… pic.twitter.com/hXJLv6M5Tr — EGRAG CRYPTO (@egragcrypto) May 23, 2025 Fibonacci Levels And Profit Marks Analyst Egrag Crypto pinpoints three clear price zones before the big $27 goal. First is $8.49 (the 1.272 Fib extension). Next sits at $13.79 (1.414 Fib). Finally, if the token truly repeats 2017’s second wave—a 1,772% surge—it would top out near $27. To get there in 60 days is a stretch. But the math lines up if history really does rhyme. Traders are being told to book gains along the way instead of waiting for that final number. Support Lines Hold The Key He also notes that XRP needs to stay above the 21-week exponential moving average. That line is around $2.30 right now. XRP trades at about $2.33, so it’s only just ahead. If price dips under that moving average, the bullish case starts to wobble. A drop below $2.30 could see sellers step in and push it back toward tougher floors, like the $2.00 zone or other support bands from on-chain data. ???? #XRP is about to enter one of the most important moments in its history. Imagine holding 5589 XRP before the market explodes. Let me explain in this ???? why May 19 could change everything ???? pic.twitter.com/fS4GaWXENC — J4b1 (@XRPJ4b1) April 27, 2025 Futures And Volume Signals A fresh wrinkle comes from CME Group’s new XRP futures contracts. They went live in mid-May 2025, and only 1,380 contracts have traded so far—roughly $35.8 million in volume against XRP’s $138 billion market cap. hilarious that only 1,380 contracts of the new XRP futures traded on CME since launching over a week ago 1 contract value is $24k, so only $35.8mm USD market value traded in a week (~$5MM/day)… on a $138bn Market Cap/$233bn FDV token? over half of the volume is probably market… pic.twitter.com/xYavBXnDXO — Gold Mansacks (@Gold_Mansack) May 20, 2025 That’s a tiny fraction, and some say it’s underwhelming. Yet it could be the start of wider institutional flows if volume picks up. Watching that number in the coming weeks may tell us if big players are stepping in. Related Reading: Buy XRP Before It Explodes To $1,000, Market Expert Says Market watchers have doubts about a 1,772% move in two months. Regulators still have Ripple’s legal standing hanging in the air, and broader crypto sentiment can shift fast. Yet others feel that once XRP clears $2.70—that’s the 1.414 Fib level—it will have enough momentum to push past $3.00 and beyond. Based on all this, a move to $27 by July 2025 is not off the table, but it won’t be easy. Featured image from Pexels, chart from TradingView
US President Donald Trump hosted a highly publicized crypto dinner on May 22 for top holders of the TRUMP memecoin, attracting a mix of crypto elites and public figures from across the globe. The exclusive event, first announced in April, was reserved for the top 220 TRUMP token holders. The 25 largest holders received VIP […]
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Memecoin trading activity on Solana is tracking Bitcoin’s recovery, with the average daily trading volume rising 46% between April and May. According to Blockworks data, monthly trading volume for memecoins on Solana was $58.7 billion as of May 21, already over $1 billion higher than the volume registered in April. Additionally, memecoins accounted for 64.6% […]
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Both tokens jumped on the news, adding to their already large gains this month.
Hailey Welch said she was investigated by the FBI and the SEC following the HAWK memecoin launch and that she would never return to crypto.
Argentinian president Javier Milei has ordered the closure of the Task Force for Investigation (UTI) established earlier this year to examine his relationship with the LIBRA token, according to a May 20 publication in Argentina’s Official Gazette. Milei and Justice Minister Mariano Cúneo Libarona signed Decree 332/2025 to dissolve the task force. The decree stated […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The analysts suggest Trump's upcoming memecoin gala and Vance's Bitcoin 2025 keynote could present fresh crypto reserve information.
Tron founder Justin Sun has confirmed he will attend a May 22 gala dinner organized for top TRUMP memecoin holders and hosted by US President Donald Trump. In a May 20 post on X, Sun said he was invited to the exclusive event and expressed gratitude and support for the US president. He said: “Honored […]
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Dogecoin’s price took a hit this week after a strong run in recent weeks. It fell from $0.25 down to about $0.21. Traders saw a brief bounce above $0.23 around May 17–18, but that did not last. As of today, DOGE sits near $0.21, marking a 10% weekly drop. Investors are watching the bigger picture, hoping long‑term signals point to a renewed uptrend. Related Reading: Trump Token Mania: Over 6,000% Pump Or Classic Solana Trap? Analyst Maintains Bullish Outlook According to analyst Javon Marks, a key trendline gave way in late 2023. This line had capped Dogecoin since its $0.70 peak. He says the break ushered in higher highs and higher lows. A fresh low near $0.15 has held so far. Based on this view, he kept his $0.65 target, which would mean a 200% gain from $0.21. Marks also mentioned $0.74 and $1.25 as possible future milestones. $DOGE and a +174% climb to its first target at $0.6533 continues to be in the cards ????… https://t.co/7Jt82s0jLy — JAVON⚡️MARKS (@JavonTM1) May 18, 2025 Resistance Levels Remain Key Barrier Based on reports from market watcher Ali Martinez, the $0.25–$0.26 range is a major hurdle. That zone worked as support in December 2024 but flipped to resistance in early 2025. Since then, the meme coin has tried and failed to push past it. In February, it hit $0.28 before reversing to below $0.15. A March rally saw a move above $0.19 but stopped short again. The most recent test in May peaked at $0.24 before closing at $0.22. Traders will be looking for a clear close above $0.26 to signal new momentum. On‑Chain Activity Sees Strong Uptick Based on latest data, wallet activity has jumped sharply. New addresses grew by over 100% in the last seven days. Active addresses climbed by 110%. Even zero‑balance addresses rose by 155%, which often hints at fresh participation or address cleanup. Higher on‑chain counts don’t always mean a price rise, but they do show more users are logging transactions again. Stretch Targets Face Big Hurdles Dogecoin’s long‑term goals may sound exciting, but getting there won’t be simple. A move to $0.6533 or beyond requires first holding above $0.26. Then it must break $0.28 with real volume behind it. Related Reading: XRP 100x Gains Coming? The Future Is Closer Than You Think—Analyst Big price swings could scare some holders into booking profits. Even if the chart lines line up, outside events like social media buzz or exchange listings may be needed to push DOGE past $0.30. In the short term, traders will watch whether DOGE can reclaim $0.25 and hold it for a few days. If that happens, the higher‑low pattern stays intact. If it falls back below $0.21, the setup could collapse and open the door to further losses. For now, the coin sits in a tug‑of‑war between bullish chart fans and those who see more downside. Featured image from Unsplash, chart from TradingView
Spikes in Jito validator tips are often an indicator of heightened onchain activity on Solana, and this time has been no different.
At current token prices, Donald Trump’s memecoin will make him millions over the next three years as his tokens divest. So, with the Qatari royal family dangling a fully kitted Boeing 747-8i valued at roughly $400 million, CryptoSlate ran the numbers on whether the former president could skip the diplomatic gift wrap and self-fund the […]
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Dubai-based Indian memecoin creator, Sahil Arora, called memecoin rug pull schemes the most lucrative opportunity in an interview with the New York Post. According to the May 17 article, Arora, who boasts of earning millions of dollars from over 100 memecoin rug pulls, said: “The easiest way to make money is to deploy a meme […]
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An Argentine federal judge has ordered the freezing of assets belonging to key figures behind the LIBRA memecoin project as investigators examine potential fraud linked to the digital token’s promotion, including scrutiny of financial operations tied to President Javier Milei and his sister, Karina Milei, local media reported on May 15. Judge María Servini issued […]
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The Barstool founder opened up about the risks and rush of meme coins at a fireside chat with Bullish CEO Tom Farley.
A little-known tech company with ties to China is pledging up to $300 million to purchase Bitcoin and the Trump-themed memecoin TRUMP, according to a May 11 filing with the US Securities and Exchange Commission. The move immediately raised alarms over potential conflicts of interest and regulatory gaps, as it could enrich the Trump family. […]
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XRP has joined the recent crypto upswing after Bitcoin pushed back above the $100,000 mark. Prices have climbed into the upper end of the $2 region. That has some traders betting on much higher targets ahead. According to market observers, a mix of classic chart setups points to fresh peaks. But history also shows that big runs often come with sharp pullbacks. Related Reading: Bitcoin Stays Resilient While Wall Street Stumbles – Details XRP Builds On Bitcoin Rally Based on reports, the rally began when Bitcoin broke through key resistance near $100,000. XRP followed suit by rising from around $0.50 in late 2024 to about $3.30 by January 2025. That was a gain of over 500%. Since February 2025, XRP has moved sideways around $2.40. Some traders see this as a quiet pause before the next leap. Others warn that holding a narrow range can trap buyers in false breakouts. Parabolic Run May Set Stage According to crypto analyst Mags, known as “the scalping pro,” this sideways action mirrors the 2017 cycle. Back then, XRP shot up from $0.0055 in March 2017 to $0.3988 in a parabolic phase. After six months of calm, the altcoin blasted to $3.40 in what he calls a blow‑off top. Now, $XRP is going to $7 Shared XRP below $0.5 before it went 6x. The current consolidation looks similar to what we saw back in 2017-18 before the blow off top. Expecting something similar. easy 2-3x from here.. https://t.co/GG8uHFwRvK pic.twitter.com/b9juSGSp5y — Mags (@thescalpingpro) May 10, 2025 Mags expects history to echo again. He predicts an ultimate price of $7.30, about 200% above today’s levels. His chart outlines four stages per cycle: first bounce, accumulation, parabolic climb, then blow‑off top. Triangle Breakout Signals Growth Based on reports from analyst Ali Martinez, there’s another setup in play. He points to a multi‑year symmetrical triangle that ran from January 2018 to November 2024. XRP broke out of that pattern when it surged toward $2 after the US elections last year. If the governing pattern behind $XRP is this symmetrical triangle, the target could be $15. pic.twitter.com/zFICoLyu2x — Ali (@ali_charts) May 11, 2025 Martinez figures the measured move from the triangle could push XRP to $15. That would be a 520% jump from $2.40. He adds that the current pullback may simply be the consolidation phase after the breakout. Related Reading: Bitcoin’s $104,000 Peak Sparks High-Stakes Short Positions – Details XRP: From $0.0028 To $3.92—And Bullish Now XRP’s biggest peak, according to CoinCodex, came on January 4, 2018, when it hit $3.92, and its deepest drop was on July 7, 2014, at just $0.002802. After that all-time high, the token fell to a cycle low of $0.113268 before climbing back up to a cycle high of $3.38. Right now, most price forecasts for XRP are upbeat, and the market’s Fear & Greed Index sits at 70—solidly in the “Greed” zone. Featured image from Unsplash, chart from TradingView
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Truth Social, the social media platform backed by US President Donald Trump, has no plan to launch a memecoin. On May 13, Donald Trump Jr., the US President’s son, dismissed the claims outright, stating: “There’s no truth whatsoever about Truth Social launching a memecoin. Don’t be fooled by false information people are circulating.” World Liberty […]
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PumpSwap introduced a revenue-sharing program that allocates 50% of its trading revenue to token creators.
PEPE token is hogging the headlines, and for the right reasons. The meme coin, defying the odds, has gathered the right amount of steam to spring back to life. PEPE surged 16% today, closing a Cup & Handle chart pattern that enabled it to recuperate and improve on previous setbacks. Speculators rushed in, pushing spot trading volume to nearly $4 billion. That outpaced Dogecoin’s $2.84 billion by about $1.10 billion. Related Reading: Bitcoin’s Grip Loosens: Market Expert Says Dominance Has Hit Its Ceiling Among top trading coins, $Pepe ranked No.5 in terms of trading Volume. marked 3.9B today. We are back. pic.twitter.com/uCvvppO7aG — M Barbara???? (@Barbara_KVH) May 9, 2025 Meme Coin Volumes Spike According to data, PEPE’s smart-contract trades reached $5.74 billion in derivatives today. That is up 280% from yesterday. Dogecoin continues to dominate futures with $6.60 billion volume and a solid Open Interest funding rate—the highest since February 2025. DOGE shorts lost $14 million in liquidations, which is about $3 million less than losses for PEPE shorts. Whale Activity Catches Attention As per on-chain analysts at LookOnChain, a single large wallet added 500 billion PEPE tokens worth $4.36 million. Only a few days ago, the same wallet scooped up another 500 billion at $4.54 million. This whale just bought 500B $PEPE($4.36M) again and currently holds 2T $PEPE($17.42M).https://t.co/lj4QaP0DUW pic.twitter.com/sx7hOqkcKG — Lookonchain (@lookonchain) May 8, 2025 Now, this whale owns 1.5 trillion tokens worth approximately $18.6 million at today’s rate of $0.0000123. Such transactions can drive prices higher, but can also spark sudden sell-offs. On-Chain Indicators Send Mixed Signals Latest data indicates Chaikin Money Flow on the PEPE/USDT pair went positive on May 6, 2025. That suggests cash is flowing back into the coin as geopolitical tensions subside. However, network growth indicators remain down. Fewer new wallets are entering the PEPE party. In other words, the rally might be more fueled by large traders swapping bags rather than new users piling in. Supply Overhang May Weigh On Gains The overall supply of PEPE is around 420 trillion tokens. That’s a massive amount. Even a fraction of that selling off could swamp exchanges. Coins with tighter supplies don’t require as much buzz to maintain their price. PEPE has risen by over 112% this month, but big supplies mean big gains can turn just as quickly. Bitcoin Boost Fuels Retail Interest Meanwhile, Bitcoin surged over $104,000 today. That level tends to attract more retail traders into the market. If retail is confident, they go after smaller coins afterwards. That might drive PEPE higher if traders believe that the meme rally has legs to it. But it also increases the risk of a sharp pullback if Bitcoin loses steam. Related Reading: Bitcoin Stays Resilient While Wall Street Stumbles – Details What Investors Should Watch Price action on meme coins can fluctuate wildly. Large volumes and whale purchases fuel headlines but do not always mean sustained growth. Look for changes in open interest, new wallet activity, and any adjustments in Bitcoin’s price. If PEPE stays above that Cup & Handle breakout point, it might hang around. If not, today’s surge might be all the pleasant news we get. Featured image from Dejavusoul, chart from TradingView
Pump.fun introduced a revenue-sharing mechanism for token creators on May 12, enabling them to collect 0.05% of trading volume in Solana (SOL) from transactions conducted on PumpSwap. To qualify for earnings, a token must meet at least one of three criteria: It must be newly created, still trading on Pump.fun’s bonding curve, or previously graduated […]
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Based on the latest analysis of Lookonchain, one wallet associated with the TRUMP token group sent a whopping 3.5 million TRUMP tokens on May 10, 2025. That stash is valued at roughly $52.66 million across multiple exchange platforms. When so much enters exchanges all at once, it can trigger massive price movements and increased volatility. Traders indicate they’re paying close attention to order books to determine if prices will fall. Meme-coin community tension is building. Related Reading: Taiwan Official Proposes Bitcoin As Part Of National Reserve Strategy Massive Token Transfer Between Exchanges According to reports, the 3.5 million‑token decrease was allocated on four key platforms. 1.5 million tokens worth approximately $22.41 million were given to Binance. 1 million tokens, worth around $15.06 million, were distributed to OKX. Both Bybit and Coinbase received 500,000 tokens, approximately worth $7.53 million and $7.48 million, respectively. The wallet linked to the $TRUMP team just deposited 3.5M $TRUMP($52.66M) into exchanges again.https://t.co/9nc4YjTvxEhttps://t.co/Y8lStmCWyw pic.twitter.com/alY3TRv1oz — Lookonchain (@lookonchain) May 10, 2025 Such distribution might facilitate availability for trade or be a starting point in selling. Using the top exchanges’ choice shows the owner’s accessibility. Statistics come directly from the public blockchain. Market Maker Joins The Fray Simultaneously, market maker Cumberland DRW transferred 300,000 tokens to OKX for approximately $4.4 million. Combined with previous deposits, over $24 million worth of TRUMP tokens flowed onto exchanges in recent days. Chain observers noted the timing, as the activity preceded a high-profile political reception on May 22. Some investors are concerned it is a sign of a group exit strategy among large holders. Others point out that market makers will frequently swap tokens to hedge against risk and balance order books. Either situation keeps eyes fixed on the next giant transfer. WLFI Increases Crypto Holdings Meanwhile, a wallet associated with World Liberty Financial purchased 1,587 ETH for approximately $3.5 million. It also acquired 9.7 wrapped Bitcoin, valued at approximately $1 million. That spree comes on the heels of another $19.58 million token deposit that appeared on exchanges on April 29. A wallet likely linked to #Trump’s World Liberty(@worldlibertyfi) bought 1,587 $ETH($3.5M) and 9.7 $WBTC($1M) ~30 minutes ago.https://t.co/0qWkRUhm0D pic.twitter.com/KaYsTQrQ6G — Lookonchain (@lookonchain) May 9, 2025 WLFI is associated with a political figure, which adds to the hype surrounding the TRUMP token. Analysts say this action indicates the group is serious about holding and transferring large amounts in crypto. Related Reading: Bitcoin’s Grip Loosens: Market Expert Says Dominance Has Hit Its Ceiling Price Movements Indicate Volatility Despite sell-off fears, TRUMP increased 2.50% over the last 24 hours and was trading at $14.09 at press time. That’s lower than a recent high of $15.15. The token’s market cap is close to $2.85 billion and 24‑hour volume is almost $2.77 billion. Large transactions on the chain such as these will usually initiate quick changes in price. Traders will have their eyes glued on exchange books and social media feeds in the next few days. If another whale decides to shift tokens, markets will respond in an instant. TRUMP token is still at the mercy of its largest holders and the timing of their trades for now. Featured image from Unsplash, chart from TradingView
PumpSwap, the DEX launched by Solana-based memecoin factory Pump.fun, has hit $100 million in total value locked (TVL), marking a new milestone just 50 days after its debut. The record comes amid a broader resurgence in memecoin trading, defying recent predictions of the sector’s collapse after its meteoric growth fizzled out earlier this year. Volume […]
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Zerebro co-founder Jeffy Yu was reportedly found alive at his parents' house following an apparently staged suicide livestreamed on Pump.fun.