The author of ‘Rich Dad Poor Dad’ Robert Kiyosaki, has broken his silence on the real reason he invests in Bitcoin (BTC) as an asset. In a post on X titled ‘ARE YOU BREAKING the LAWS?,’ he spoke directly to those violating the core principles about money, highlighting why they are poor. While not uncommon, this latest post justifies his adoption of Bitcoin as a store of value. Robert Kiyosaki Validates Bitcoin as Investment to Save According to the financial expert, the poor violate two important laws of money: Gresham’s Law and Metcalf’s Law. Gresham’s law states that when bad money enters a system, good money goes into hiding. He slammed those who save fake money while shunning real money. He named his three favorites, which include Gold, Silver, and Bitcoin. ARE YOU BREAKING the LAWS? Most poor people are poor…. because they break the 2 most important laws of… Read More at Coingape.com
Dogecoin price is poised for a potential breakout after forming a rare diamond bottom pattern on the daily chart. According to technical analyst Trader Tardigrade, the DOGE price structure shows a bullish reversal setup that could send the DOGE price over 105% higher to $0.35.
This bullish forecast comes despite Dogecoin price falling 1.5% in the last day and 3% in the last week. However, in the last 30 days, bulls have had the upper hand with DOGE price soaring 15%.
Dogecoin Price Diamond Bottom Pattern Hints at Rally
Trader Tardigrade has identified a diamond bottom pattern on the daily DOGE/USD chart. This pattern typically signals a bullish reversal when it forms after a sustained downtrend. According to the chart, the breakout level is around $0.165–$0.17.
This projection places the DOGE price target between $0.255 and $0.35. The chart also shows a dotted green arrow pointing toward the $0.35 level, suggesting a more optimistic scenario for a breakout extension.
Ali Charts, another crypto analyst, noted that Dogecoin price is testing support at $0.167. He stated, “Holding this level could spark a rebound toward $0.175 and potentially $0.183.” Both analysts agree that maintaining the $0.165–$0.167 zone is critical for bullish momentum to continue.
The Price Momentum Oscillator (PMO) also confirms a bullish crossover, which may support further gains if buying volume increases. These indicators support the case for a possible rally if current support holds.
DOGE ETF Approval May Accelerate Dogecoin Price
DOGE ETF speculation is rising in the market as several asset managers have applied for approval. These include Bitwise, 21Shares, Grayscale, and REX Shares. They are awaiting clearance from the U.S. Securities and Exchange Commission (SEC) to launch Dogecoin ETFs. According to Polymarket, DOGE ETF approval odds have risen by 25%, with analysts giving a 63% chance that it may be approved by the end of 2025.
According to a CoinGape report, if Dogecoin receives 30% to 50% of Bitcoin ETF inflows, the price could rise to between $0.34 and $0.50. This scenario is based on an estimated $12 to $20 billion entering DOGE markets. The forecast also projects that DOGE’s total market capitalization could more than double under this model.
ETF approval, in the same vein, would likely pull more institutional investors to its side hence increasing the demand even further. This potential flow of capital corresponds to the $0.35 level depicted in the technical indication. According to analysts, the approval news can be considered as a potential trigger for the price rally and take DOGE past the $0.255 barrier.
Holding Behavior Shows Investor Confidence
New data from IntoTheBlock suggests that investor sentiment for Dogecoin is improving. The average holding time of transacted DOGE coins has increased by over 526% in the last 90 days. This behavior is similar to the trend seen before Dogecoin’s 2021 bull run.
Source: IntoTheBlock
In just the past seven days, holding time has risen by four months. This shift from short-term speculation to long-term holding reduces sell pressure. It also suggests that investors expect the DOGE price to rise soon. If this trend continues, it could support a more stable base for further growth.
Long-term holders now dominate the transaction volume, which often happens before strong upward price moves. Reduced market supply, combined with growing demand, is a positive signal.
Since the Pi Network mainnet launched on February 20, it has made headlines for its ambitious goals. Yet, it has also faced substantial criticism. The underwhelming price performance and lack of DApps, among other issues, have raised questions about Pi Network’s ability to meet the expectations of its reported 60 million users, referred to as Pioneers.
Below are five key areas of underperformance that emerged as focal points for observers in early 2025.
1. Pi Network’s Lack of Binance Listing
Pi Network’s community has been vocal in its push for a listing on major exchanges like Binance. In fact, 86% of participants voted to list Pi Coin (PI) in a February community vote.
Despite this show of support, Binance has not listed PI. On May 15, the exchange posted its logo on X (formerly Twitter) featuring several mathematical symbols, including π. The post sparked speculation among Pioneers, but no official listing announcement followed.
The absence of a listing has led to renewed scrutiny over Pi Network’s credibility. Notably, Binance applies a rigorous evaluation process before listing any asset.
The exchange considers user adoption, business model viability, relevance, tokenomics, technical security, team background, and compliance with regulatory standards. The decision not to list Pi Coin may indicate that the project has yet to meet one or more of these critical benchmarks.
“I now better understand why Pi is not listed on major exchanges such as Binance and Coinbase. It is likely that the Pi Core Team has not been transparent enough about the locking and burning mechanism involving the billions of Pi coins currently owned by the PCT,” Pioneer Dr. Altcoin posted on March 22.
Coinbase, another top exchange, has also refrained from listing Pi. This has further fueled disappointment among Pioneers about the token’s potential for mainstream adoption. Nonetheless, Pi Coin remains available for trading on HTX, Bitget, MEXC, and OKX.
2. Pi Coin Price Fails to Meet Expectations
Pioneers have been actively mining Pi Coin for around six years, anticipating major gains. Yet, its price was a major letdown for many. At launch, Pi Coin was listed on OKX with a floor price of just $2. This was way below its IOU trading value.
The underwhelming debut worsened as PI dipped below the $1 mark shortly after listing. Although the token rebounded to an all-time high of $3 in late February, the rally was short-lived. PI soon resumed its downtrend, falling below $1 again by late March.
Last week, the level was briefly reclaimed as support. Yet once more, PI failed to hold above it. These declines came despite some bullish catalysts.
The launch of the Pi Ventures Fund was followed by a sharp price drop rather than a recovery. Additionally, Pi Network founder Nicolas Kokkalis made a rare public appearance at Consensus 2025 on May 16.
Many hoped it would restore investor confidence. Instead, the token plunged. BeInCrypto data showed that PI dipped 42.6% over the past week. At press time, Pi Coin’s price was $0.7, down 3.1% over the past day.
While the official announcement outlines a funding pool of up to $100 million, Pi Network Foundation retains full discretion over the deployment of these funds.
“The Pi Foundation is not obligated to invest the entire $100 million, based on the quality of applicants and number of startups accepted into the initiative,” the blog read.
The initiative also allows for phased investments over time. Additionally, the Foundation can discontinue funding at any stage. This condition has not been well received by some in the community, who expected more immediate and guaranteed support for ecosystem development.
“The $100M promise investment will discontinue from time to time if they don’t see any investors coming or having no impact at all LOL,” a user wrote.
4. Pi Network’s Missing Decentralized Apps (dApps)
The concerns extend beyond the fund’s stability. Dr. Altcoin alleged that the team is using the fund to build DApps that should have already been completed.
He explained that one of Pi Network’s mainnet launch conditions was deploying 100 live dApps. As of May 2025, this promise remains unfulfilled, with most dApps still missing from the ecosystem.
“After 6 years of waiting, why isnt anyone asking the real question: Where are the 100 Dapps we were promised?” the analyst stated.
The shortfall has left many in the community questioning the network’s readiness and ability to support a functional ecosystem.
5. Pi Network’s Roadmap Issues
Another major concern is the lack of transparency. Pi Network unveiled a three-phase roadmap for its mainnet migration in April 2025, but the absence of specific timelines has frustrated users.
A report from BeInCrypto highlighted the community’s backlash, emphasizing that the roadmap did not include estimated dates or an audit process to address discrepancies in historical mining data. This has further deepened distrust in the project’s leadership.
That’s not all. Other issues, such as delays in KYC and challenges in migrating tokens to the Pi Network mainnet, have also been prevalent.
Thus, Pi Network’s first three months post-launch have been marked by unmet expectations and growing disillusionment among its Pioneers. As the network navigates these setbacks, its ability to deliver on its ambitious vision will be critical to restoring confidence in the months ahead.
The crypto market did not fare too well over the last seven days, with most of the altcoins noting a decline. However, heading into the second half of June, certain external developments could trigger a recovery in altcoins’ prices.
BeInCrypto has analyzed three such altcoins for investors to watch in the coming days and the direction in which they are heading.
Immutable (IMX)
Immutable X staking is set to transition to Immutable zkEVM this week, marking a significant milestone for the network and its users. This move is expected to bring bullish momentum to the platform, potentially influencing the price of the native token IMX in the coming days.
IMX has experienced an 8.7% decline over the past week, with the current price at $0.47. The altcoin is struggling to hold support at $0.46. However, if it successfully secures this level, IMX could target the next resistance at $0.49, with potential gains extending toward $0.53.
The Parabolic SAR is currently above the candlesticks, indicating a growing bearish trend. If this pattern holds, IMX’s price may continue to slide. A drop below the $0.44 support would signal further weakness, invalidating the bullish outlook and increasing the risk of additional losses for investors.
Reserve Protocol (RSR)
RSR is set to undergo its second-ever burn on June 20, following the successful 1.28 million RSR burn on May 21. This event is expected to play a key role in shaping the altcoin’s price action, potentially providing a catalyst for a new wave of investor interest and price movement.
The last RSR burn led to a notable 13.7% price surge. A similar short-term bullish scenario could unfold after the upcoming burn, particularly with the MACD indicator signaling a bullish crossover. If this momentum continues, RSR could target $0.0073, with the next resistance point at $0.0081, drawing further investor attention.
However, if broader market sentiment turns bearish, RSR might struggle to maintain support levels. A break below $0.0064 or $0.0059 would indicate significant weakness and invalidate the current bullish outlook. In this scenario, the altcoin could face a prolonged decline, making careful monitoring of market cues essential for traders.
THORChain (RUNE)
RUNE price has decreased by 5% over the past week, trading at $1.54, just below the $1.57 resistance level. This comes ahead of the V3.7.0 upgrade scheduled for THORChain later this week, which is expected to bring substantial improvements to the network, potentially impacting RUNE’s price.
The upcoming V3.7.0 upgrade introduces a range of changes to the THORChain network, which could lead to a surge in RUNE’s price. The Ichimoku Cloud also suggests a bullish momentum for the altcoin. If RUNE manages to reclaim $1.57 as support, it could drive the price towards $1.67, attracting further investment.
However, if broader market conditions turn bearish, RUNE might face a downward correction. A drop below $1.50 could signal further weakness, with $1.39 acting as the next support level. A break below this level would invalidate the bullish outlook, likely extending losses for investors.
