Arizona’s second Bitcoin reserve bill, SB 1373, has cleared its final reading with Senate approval. The bill now moves to Governor Hobbs, who recently vetoed the first Bitcoin Reserve Bill, SB 1025. This represents a key step in the state’s ongoing efforts to establish a Bitcoin reserve, despite the previous rejection. The final decision now rests with the governor, and the outcome will determine Arizona’s next move in its Bitcoin reserve strategy.
The crypto market has experienced a volatile start to Q2, with many tokens posting significant surges in recent days. Meme coins, in particular, have seen a resurgence, with older tokens gaining traction and newer ones attracting attention.
BeInCrypto has analyzed five meme coins for investors to watch in the coming month and their potential for further growth.
Turbo (TURBO)
TURBO has shown impressive momentum, gaining more than 191% in the past two weeks, now priced at $0.004313. The altcoin is testing key resistance at $0.004842. As one of the best performing meme coins this month, it continues to attract attention from investors, signaling strong potential for future gains.
This surge has provided relief to investors impacted by the February Death Cross. With TURBO standing at a near three-month high, the outlook remains positive if the broader market trends support further growth. A breakout above the resistance could propel TURBO towards the target of $0.006857, offering additional upside.
Failure to breach $0.004842 could lead to a reversal in the trend. A drop below this resistance would likely see TURBO testing the support level at $0.003304. This would invalidate the bullish scenario and potentially erase much of the recent price increase.
Neiro Ethereum (NEIRO)
NEIRO has experienced a notable resurgence, surging by 256% this week alone. Currently trading at $0.0661, the meme coin is at a four-month high. As NEIRO looks to break the $0.0715 resistance, it could see continued upward momentum if broader market conditions remain favorable.
The potential for NEIRO to breach $0.0715 is strong, with the broader market showing bullish trends as Bitcoin approaches $100,000. This could provide the necessary momentum to push NEIRO towards the $0.0845 resistance. A successful test of this level would solidify recent gains and set the stage for a move to $0.1000.
A failure to break through $0.0715 would likely send NEIRO into a bearish correction. In this scenario, the price could fall through key support at $0.0568, possibly testing $0.0446. This would invalidate the current bullish outlook, highlighting the importance of breaking resistance for continued growth.
Brett (BRETT)
BRETT has shown remarkable growth, up 120% over the past two weeks, trading at $0.054. This surge marks a near-three-month high for the meme coin, driven by a shift in market conditions. The rally suggests strong investor sentiment, fueled by the growing interest in Base meme coins.
As the market shifts, BRETT has captured attention, making it one of the more promising altcoins in its category.
With continued momentum, BRETT could break through the $0.058 resistance level, opening the door to further gains. A move toward $0.072 is plausible, especially as hype surrounding Base meme coins intensifies.
This meme coin also reignites the Solana vs. Base meme coin discourse; however, Alvin Kan, COO at Bitget Wallet, told BeInCrypto that this may not be the case.
“Solana still leads. It’s fast, cheap, and has an army of degens ready to mint and trade anything viral. Base is growing, and Coinbase might help push it further, but it hasn’t built the same retail energy yet. As for AI meme coins—they’re interesting, but still feel like a niche inside a niche. For now, Solana memes dominate the meme meta.”
However, a correction could follow if BRETT fails to breach $0.058. The price might drop through the $0.052 support, potentially reaching as low as $0.042. This decline would invalidate the bullish outlook, signaling a shift in market sentiment. Without sustained support above $0.058, the upward momentum may be short-lived, and bearish conditions could prevail.
Official Trump (TRUMP)
TRUMP has captured investor attention, surging 60% this week to trade at $12.14. The meme coin has reignited interest, driven by market speculation. Its rise comes amid increasing excitement around politically fueled volatility, making it a popular pick for traders looking to capitalize on unpredictable market swings.
Although TRUMP failed to secure $12.57 as a support level, the possibility of achieving this level in the coming weeks remains strong. The US President’s influence on market movements, driven by unexpected announcements, could provide the catalyst needed for TRUMP to rise further, potentially reaching $14.53 as it follows broader financial trends.
Failure to hold $12.57 as support could signal a reversal. In this case, TRUMP may see its price drop to $11.44 or $10.29, undermining the current bullish outlook. This scenario would invalidate the positive momentum, with investors needing to monitor key levels for potential price shifts closely.
Pudgy Penguins (PENGU)
PENGU has experienced significant volatility since January, with massive drawdowns following early interest. However, the meme coin has rebounded sharply, gaining 118% over the past two weeks. This recovery has caught the attention of investors, reigniting hopes for further growth and renewed momentum in the altcoin’s price.
Currently trading at $0.00846, PENGU is nearing key resistance at $0.01007. If the meme coin can maintain its bullish momentum, it presents a promising opportunity for investors. A successful break above this level could attract additional buyers, further driving its price and expanding the interest in this resurgent meme coin.
Failing to breach $0.01007 would likely result in a price decline, with support potentially falling to $0.00718. This would erode recent gains and invalidate the bullish outlook, with a further drop to $0.00549.
Rich Dad Poor Dad author Robert Kiyosaki once again stole the spotlight with his latest revelation on Bitcoin and other assets. In a recent X post, the renowned author and financial expert hinted towards his shifting focus amid the ongoing economic turmoil. Besides, it has also sparked discussions over whether the author has been halting his BTC buying strategy for some time now.
Robert Kiyosaki’s New Bet: Silver Over Bitcoin
In a recent post on X, Robert Kiyosaki emphasized that silver, not Bitcoin, is his current focus. While he hasn’t dumped BTC, he made it clear he’s not actively buying more of it for now. Instead, the Rich Dad Poor Dad author is actively stacking up on silver, especially silver eagles, calling them “the biggest investment bargain today.”
According to the author, silver is still 50% below its all-time high, currently trading near $35. However, Kiyosaki believes the metal could double in value by the end of the year, reaching $70. He noted that gold has already reached record highs, but silver remains affordable and accessible for “people with not much money.”
Meanwhile, Robert Kiyosaki also reminded his followers of a lesson from his “rich dad” that profits are made when buying, and not when selling. He stressed that he gradually became wealthy and chose to hold assets long-term.
His message hinted at a shifting strategy of buying undervalued assets rather than Bitcoin or gold for now. Besides, he has also previously praised silver over gold and BTC.
Is Kiyosaki Abandoning BTC?
Robert Kiyosaki’s recent X post has sparked discussions over whether he is abandoning Bitcoin and shifting towards only Silver investment. However, despite his silver pivot, it appears that he isn’t backing out of BTC. He clarified that he still holds a substantial amount of the flagship crypto.
However, the absence of new Bitcoin purchases suggests a temporary shift in strategy. Besides, Kiyosaki’s shift is likely rooted in valuation. Bitcoin’s recent surge may have triggered a wait-and-watch approach. In contrast, Silver still has room to grow, as he predicted, making it more attractive in the short term.
Notably, Bitcoin has continued its upward run this week. BTC price today jumped nearly 6% and soared past the $93,700 mark, with its trading volume soaring 51% to $57 billion. Besides, it’s worth noting that Kiyosaki has recently predicted BTC to hit $200K by the end of 2025, reflecting his optimistic outlook on the future trajectory of the coin.
Solana (SOL) has made significant strides in recent weeks, reaching a monthly high after a steady incline in its price action. Currently trading at $139, the altcoin has encountered resistance at the $148 level, which it failed to breach previously.
However, further rally from this point could set the stage for a move beyond $150, contingent upon investor support.
Solana Investors Are Optimistic
Solana’s recent uptick has been fueled by growing investor participation. Active addresses have surged to a two-month high, signaling renewed interest and confidence in the blockchain.
This rise in activity, combined with the price increase, is providing a strong buy signal. With more investors entering the market, there’s a higher likelihood that Solana will maintain its bullish momentum.
Increased participation in the network is often a strong indicator of investor confidence. The higher the number of active addresses, the more likely it is that the price will continue to rise. If these trends persist, Solana could build enough momentum to break through the $148 resistance and target $150.
Despite the strong market sentiment, technical indicators such as the MACD suggest that Solana’s bullish momentum is showing some signs of slowing. The MACD histogram has begun to display declining bars, which could indicate that the intensity of the buying pressure is diminishing. While this decline is still mild, it’s worth watching closely for any signs of a shift in momentum.
However, it’s important to note that these fluctuations are part of the typical market cycle. The lack of a significant slowdown in the MACD at this point suggests that Solana has room to grow further, especially if market conditions remain favorable. A consistent rise in price could prompt a renewed surge in demand from investors.
Solana is currently trading at $139, with support holding firm at $136. This has helped the altcoin maintain stability despite facing resistance at $148. The price has tested this barrier multiple times in the past six weeks but has failed to breach it, signaling a crucial point for its future direction.
If Solana can overcome the $148 resistance with sustained investor support, it could see a substantial increase, potentially reaching $150 in the coming weeks. Positive market sentiment and increasing active addresses are likely to play a role in helping SOL achieve this target.
However, if the altcoin fails to breach $148 once again, it could see a correction toward $123. If this happens, Solana will likely consolidate at that level, and any further drop could invalidate the current bullish outlook.
