Meme Coins Are Pumping as Bitcoin Hits $94K — Memecoins to Watch Today

Memecoin Frenzy! Dogcoin (DCOIN) Explodes 500% on Ethereum - Here's Why

The post Meme Coins Are Pumping as Bitcoin Hits $94K — Memecoins to Watch Today appeared first on Coinpedia Fintech News

The crypto market is having a great day, and meme coins are leading the way. Bitcoin has gone up by 5% and just crossed the $94,000 mark — its highest in the last six weeks. As a result, meme coins are also going up fast, and many traders are now keeping a close eye on them.

Let’s take a look at some of the top-performing meme coins today.

Dogecoin Making a Strong Comeback

Dogecoin, the original meme coin, is making a strong comeback. It has gone up by more than 20% in just one week and is now targeting the $0.26 level. It has already moved above $0.20, which is a key level for the coin.

With technical signals turning positive, including a breakout from a falling wedge pattern, analysts are expecting more upward movement.

Pepe Coin Attracts FOMO

Pepe Coin has also been gaining strong traction. The frog-themed token is up nearly 30% over the past week, now trading around $0.0000092. Traders are watching closely as it nears the $0.00001050 resistance. If it can break and hold above this level, analysts believe it could trigger a wave of FOMO, bringing even more buyers into the market.

BONK Faces Resistance

Solana-based memecoin BONK has seen an impressive 20% daily rise, now trading near $0.000016. However, it’s now bumping into a key resistance zone that has held firm in the past. 

If BONK can close above the $0.0000178 area, the next target could be $0.00002044. But short-term indicators suggest a small pullback may come first.

TRUMP Coin – Riding the Hype

Official TRUMP (TRUM) coin is one of the most talked-about meme coins on the Solana network. It’s everywhere right now, showing up on all the big crypto exchanges.

As of now, TRUMP’s coin price has jumped nearly 10% and is now sitting around $9.47. This boost came after news that Donald Trump might lower trade tariffs on China. 

Fartcoin – AI-Inspired and Growing Fast

Fartcoin is a fun meme coin that was launched in late October. What makes it special is that its concept was created with the help of artificial intelligence. It started at $0.75 and recently climbed to about $1.16, thanks to strong interest from large investors. The coin has also gone up 8% in just the last 24 hours.

Meanwhile, some experts think Fartcoin could continue to grow and may reach around $1.40 soon, although the rise might be slower from here.

The post Meme Coins Are Pumping as Bitcoin Hits $94K — Memecoins to Watch Today appeared first on Coinpedia Fintech News
The crypto market is having a great day, and meme coins are leading the way. Bitcoin has gone up by 5% and just crossed the $94,000 mark — its highest in the last six weeks. As a result, meme coins are also going up fast, and many traders are now keeping a close eye on …

XRP, ADA and Altcoins Rally As New SEC Chair Paul Atkins Promises ‘Principled Approach’

Is-Paul-Atkins-What-Crypto-Needs-Now

The post XRP, ADA and Altcoins Rally As New SEC Chair Paul Atkins Promises ‘Principled Approach’ appeared first on Coinpedia Fintech News

The crypto community has long awaited a pro-crypto era in the U.S., hoping for clearer regulations and support for innovation. Half of that vision began to take shape when Trump took office, promising to make the U.S. the crypto capital of the world. Now, the other half is falling into place as Paul Atkins is officially sworn in as SEC Chair.

“The Perfect Person”

President Trump was beside the newly-sworn in SEC Chair as he took office and promised to make the SEC’s approach to regulating digital assets more sensible and fair. Trump introduced Atkins as the “perfect person” to lead the SEC, during the swearing-in ceremony. Trump was also hopeful that Atkins would put an end to the SEC’s misuse of power and unfair enforcement action under Biden’s administration.

He called ‘digital asset regulation’ to be a top priority of his and he would provide a solid regulatory foundation, as he resumes his role. 

“A top priority in my chairmanship will be to provide a firm regulatory foundation for digital assets through a rational, coherent, and principled approach,” he said. 

He also ensured that he would make the US the most safest and supportive country in the world, to smoothly carry on crypto operations an activities and keep politics out of securities regulations. 

Industry Experts’ Faith In Atkins

Several crypto advocates have voiced their support and belief in Atkins as the industry gears up for a major shift from an enforcement-focused approach to a regulatory clarity and guidance-driven framework.

“SEC Chairman Paul Atkins will be good for Bitcoin,” said Michael Saylor, the CEO of Strategy (formerly Microstrategy).

SteelWave Digital’s Founder, Mitchell DiRaimondo, summed it up perfectly saying “Atkins brings the clarity we need right now.” “Bitcoin finally has an ally in the SEC. Let the bull run begin,” commented the FIO Protocol. 

The SEC has been making steady progress under Acting Chair Mark Uyeda. A Virtual Currency Task Force, led by Commissioner Hester Peirce, was created in January to reshape virtual currency regulation. It has already held two roundtables discussing key issues. The third meeting scheduled on April 25th, will focus on crypto custody.

The post XRP, ADA and Altcoins Rally As New SEC Chair Paul Atkins Promises ‘Principled Approach’ appeared first on Coinpedia Fintech News
The crypto community has long awaited a pro-crypto era in the U.S., hoping for clearer regulations and support for innovation. Half of that vision began to take shape when Trump took office, promising to make the U.S. the crypto capital of the world. Now, the other half is falling into place as Paul Atkins is …

Bitcoin Briefly Surpasses Google in Market Cap Ranking as Standard Chartered Predicts New All-Time High | US Crypto News

Welcome to the US Morning Crypto News Briefing—your essential rundown of the most important developments in crypto for the day ahead.

Grab a coffee to see how Bitcoin (BTC) is faring against public companies, precious metals, and ETFs (exchange-traded funds) on metrics of total assets by market capitalization. The pioneer crypto is proving formidable, taking the stage as a tech stock proxy to ‘dynamic hedge’ against equities and US Treasury risk.

Bitcoin Surpassed Google in Market Cap

Amidst renewed optimism, Bitcoin has surpassed Google, effectively joining the top five assets on market cap metrics.

According to data on companiesmarketcap.com, which tracks over 10,436 firms, Bitcoin is now the fifth most valuable asset after GOLD, Apple (AAPL), Microsoft (MSFT), and Nvidia (NVDA). As of this writing, it boasts a market cap of $1.86 trillion.

Top assets by market cap
Top assets by market cap. Source: Companiesmarketcap.com

This growth comes as Bitcoin progressively gains attention as a hedge against traditional finance (TradFi) and US Treasury risk, which aligns with the most recent US Crypto News publication. As BeInCrypto reported, experts say Bitcoin’s number one purpose in a portfolio is to hedge against risks to the existing financial system.

In contrast, Gold is losing appeal after recently establishing a new all-time high (ATH)While President Trump’s tariffs catapulted Gold to new heights, there appears to be a capital rotation as investors’ appetite for risk grows.

“Bitcoin has surged past the prior $88,800 technical ceiling, clearing the psychological $90,000 mark to trade at an eye-watering $93,500. Meanwhile, Gold has slid 6 percent, reflecting a renewed appetite for risk and a clear rotation into digital assets,” QCP Capital analysts said.

According to analysts, institutions are no longer testing the waters of crypto. Instead, they are diving in headfirst. Based on this outlook, BeInCrypto contacted Standard Chartered Head of Digital Assets Research Geoff Kendrick, who forecasted a new ATH for Bitcoin price.

Standard Chartered Reiterates Next Bitcoin ATH

According to Kendrick, the increasing 10-year US Treasury term premium, now at a 12-year high, correlates with an increase in Bitcoin price. The term premium is the additional yield investors demand to hold a long-term bond instead of a series of shorter-term bonds.

“While correlations vary over time, the relationship between Bitcoin and the term premium is pretty solid, especially since the start of 2024. This relationship shows that Bitcoin has lagged the term premium increase in recent weeks,” Kendrick told BeInCrypto.

According to the analyst, this lag likely reflects the previous narrative that tariffs are hurting tech stocks and Bitcoin trading, such as Mag7 stocks.

Further, the Standard Chartered head of digital asset research added that as long as Federal Reserve (Fed) independence issues continue to play out, Bitcoin will keep heading higher. Against this backdrop, Kendrick reiterated his end-of-year Bitcoin price target.

“This could be what is needed for the next all-time high, and on that, I reiterate my current forecasts for Bitcoin, of 200k end-2025 and 500k end-2028,” he added.

As Bitcoin acts as a dynamic hedge, it remains to be seen whether it can flip Nvidia this quarter. Nevertheless, Kendrick does not rule it out, acknowledging that dominant narratives change and Bitcoin serves several purposes in portfolios.

Chart of the Day

Top assets by market cap
Top assets by market cap. Source: companiesmarketcap.com

Byte-Sized Alpha

Crypto Equities Pre-Market Overview

Company At the Close of April 22 Pre-Market Overview
Strategy (MSTR) $343.03 $354.15 (+3.24%)
Coinbase Global (COIN) $190.00 $197.35 (+3.87%)
Galaxy Digital Holdings (GLXY.TO) $18.21 $21.56 (+18.40%)
MARA Holdings (MARA) $14.06 $14.55 (+3.48%)
Riot Platforms (RIOT) $7.12 $7.42 (+4.21%)
Core Scientific (CORZ) $6.92 $7.35 (+6.21%)
Crypto equities market open race: Finance.Yahoo

The post Bitcoin Briefly Surpasses Google in Market Cap Ranking as Standard Chartered Predicts New All-Time High | US Crypto News appeared first on BeInCrypto.

Base Network’s Jesse Pollak Talks Content Coins, Meme Coins, and ZORA Airdrop

After much anticipation, the ZORA airdrop is finally live, rewarding early platform users across two snapshot periods. However, there was notable confusion among the community on whether an official checker or claim site was provided.

Operating on the Zora network, the project leverages low-cost transactions via Base blockchain, making it accessible for creators and collectors. Jesse Pollak, the creator of Base blockchain, commented on Zora and content coins amid the airdrop euphoria. 

No Official Checker or Claim Site for ZORA Airdrop 

Airdrop farmers expressed concerns during the hours leading up to the Zora airdrop as the network did not provide an official checker or claim site.

“Zora launches in 30 mins & no official checker or claim site in view. Incompetence,” wrote a core contributor at NFTNG. 

However, reports suggested that Zora airdrops would happen automatically, not requiring users to claim the token. Users were required to go to the contract address and check their allocations.

From inception, the project committed to transforming the creator economy. To do this, it aimed to empower artists and developers through its decentralized NFT marketplace and protocol.

It aims to foster a permissionless, on-chain creator ecosystem, evidenced by its distribution of 300,000 OP tokens to early users in past campaigns.

Zora’s airdrop required users to engage with the network, minting NFTs, bridging ETH, or using Uniswap, before snapshots on March 3 and days before the Token Generation Event (TGE).

“Snapshot 1 includes activity from 00:00:00 UTC January 1, 2020 up until 14:00:00 UTC March 3, 2025. Snapshot 2 includes activity from 14:00:00 UTC March 3, 2025 up until 00:00:00 UTC April 20, 2025,” Zora said in a Sunday post.

Zora launched its “fun token” with a 10 billion total supply. It allocated 10% (1 billion tokens) for a retroactive airdrop to reward early adopters, including NFT minters, buyers, and creators.

An additional 20% was reserved for community incentives, though 65% went to insiders (team, treasury, contributors). This sparked criticism of skewed tokenomics.

However, ZORA has been listed on exchanges like Binance Alpha (DEX), Bybit, Bitget, KuCoin, Gate, MEXC, and Bitrue. Its launch price was also $0.03, which aligned with pre-market prices estimated at $0.02–$0.06.

Meanwhile, attention has shifted to Content Coins amidst the Zora airdrop frenzy. The mismatch between their viral popularity and financial returns has become apparent.

While Zora’s novel platform cultivated a loyal creator base, concerns linger over transparency and token utility.

The ZORA token, lacking governance rights, drew scrutiny from figures like ZachXBT. As BeInCrypto reported, the blockchain sleuth questioned Zora’s pivot to meme coin-like tokens and its decline in NFT market share amid competition from platforms like OpenSea.

Against this backdrop, BeInCrypto contacted Jesse Pollak, Creator of the Base network, on the same matter. Pollak recently defended the value of content coins, emphasizing their potential for creators despite volatility.

Jesse Pollak Discusses Base Network’s Viral Gambit

As meme coins surge back into the spotlight, the Zora airdrop has ushered in a new frontier in content. While Solana has positioned itself as the go-to chain for meme coin launches, Base Network is quietly redrawing the map.

With an ethos rooted in accessibility, virality, and on-chain creator empowerment, Base is going beyond competition and expanding the playing field.

In an exclusive with BeInCrypto, Jesse Pollak shared his thoughts on the rise of meme culture on-chain and why the next wave will not look like the last.

“We’re working to bring a billion people on-chain, and we know we can’t do that alone. I have a lot of respect for the Solana team – they have done a lot to onboard people into crypto, and I’m glad to see that. We’re looking to grow the pie, not just compete for the existing pie. And we see content coins on Base as one way to grow that pie,” Pollack told BeInCrypto.

According to the Base executive, one must not understand anything about crypto or the underlying infrastructure before posting on Zora.

Instead, creators can post their content, start earning, and experience firsthand the benefits of on-chain social.

From Meme Coins to Content Coins

Meme coins like DOGE, PEPE, and BONK have thrived on shared culture and speculative energy. However, where those coins demand coordinated communities, shill strategies, and roadmap hype, content coins represent a cleaner break from tradition.

“Content coins are one-off pieces of content that are also coins. Most photos posted on social media are just photos, but occasionally something will take off and become a viral meme. Similarly, with content coins, most of them are just pieces of content that people should post without expectation. However, big ones have the potential to turn into memes, and the free market is deciding on the value of each piece of content,” Pollak added.

According to the Base creator, virality, decoupled from long-term projects, marks a philosophical departure. It lowers the barrier to entry while foregrounding creativity, not coordination.

In contrast, Solana’s meme coins often emulate startup cultures, featuring brand building, influencer tie-ins, and a pitch deck’s worth of lore.

Base’s alignment with platforms like Zora introduces a new monetization pathway. Instead of creators launching tokens, they are launching moments.

Each post becomes an atomic unit of culture, value, and trade. Moreover, Base invites the entire internet to participate because no crypto literacy is required.

In this way, Base transcends a chain, becoming a cultural substrate for the next evolution of the web. It is a platform where virality itself becomes liquid.

Whether Base overtakes Solana as the new epicenter for memetic creation remains to be seen.

However, the network’s commitment to onboarding creators, not just developers and degens, sets a unique tone. It is meme culture without the roadmap, presenting virality without the whitepaper.

If Solana is the Nasdaq of meme coins, Base looks more like TikTok with a wallet in the race to bring the next billion users on-chain.

The post Base Network’s Jesse Pollak Talks Content Coins, Meme Coins, and ZORA Airdrop appeared first on BeInCrypto.

This $0.025 DeFi Project Could Be the Best Crypto to Buy Before Altcoins Go Vertical

muttum-finance

The post This $0.025 DeFi Project Could Be the Best Crypto to Buy Before Altcoins Go Vertical appeared first on Coinpedia Fintech News

As the crypto market regains momentum, investors are shifting their focus back to altcoins—and this time, the spotlight is on projects with actual value, not just hype. While some tokens are still trading on past reputations, others are building quietly with utility at their core. One standout is Mutuum Finance (MUTM), a DeFi token currently in presale at just $0.025, steadily drawing attention from early-stage investors.

With altseason on the horizon, many are betting that MUTM could be one of the best crypto investments to make before the market takes off. Here’s why.

Mutuum Finance (MUTM)

Altcoin rallies don’t begin when everyone’s talking about them—they start quietly, often with undervalued tokens being accumulated while prices remain flat. That’s where the real gains are made. Once the momentum picks up across the board, the tokens that were already positioned with strong fundamentals tend to outperform.

Mutuum Finance fits this setup perfectly. It’s not trying to be the loudest project in the room—it’s focused on building a system where long-term holders and early participants benefit directly from how the platform is used.

Mutuum is built around a straightforward yet effective framework. Users can deposit crypto assets like ETH or stablecoins and receive mtTokens in return. These tokens represent their balance and increase in redeemable value over time, as interest from borrowing activity accumulates automatically.

This passive return model doesn’t require active management. Users don’t need to track rates or manually claim anything—just holding mtTokens allows them to grow value over time. It’s an appealing mechanism for those looking for exposure to DeFi without constant interaction or complexity.

What makes this model even more effective is how the protocol supports its native token, MUTM. Part of the platform’s revenue is regularly allocated to purchasing MUTM tokens from the market, which are then distributed to active participants in the ecosystem. That’s a closed loop that creates ongoing buy pressure while rewarding active participants.

The early response to Mutuum’s presale confirms that interest in real DeFi utility is far from gone. Over 8,300 holders have already joined the project, with $6.9 million raised to date. This isn’t just a sign of hype—it’s a reflection of growing confidence in the protocol’s direction and structure.

While many low-cap tokens rely on speculation or social momentum, MUTM is different. It’s tied to a functioning system that produces value from actual user activity. As DeFi continues to evolve, that kind of backing matters.

And unlike other presales that delay product development, the team behind Mutuum has made it clear: a beta version of the platform will be released in line with the token launch, putting functionality in the hands of users from day one.

muttum-finance

With a launch price projection that significantly exceeds the current $0.025 presale entry, analysts expect MUTM to deliver at least a 26x return in the weeks following its listing. That would push the token closer to $0.65, which is still modest compared to some of the exaggerated forecasts surrounding other DeFi names.

But what gives this target credibility is the system behind it: real demand driven by lending activity, a token model that encourages long-term holding, and a growing user base that’s already aligned with the project’s goals.

MUTM’s value increases in step with real platform activity, unlike meme tokens that depend on hype and short-lived attention. That makes it one of the best cryptos to buy now for those seeking more than just a short-term swing.

Crypto markets reward early positioning—and right now, Mutuum Finance is still under the radar for many. With a token model rooted in utility, consistent buy pressure, and passive income for engaged users, it offers far more than just a speculative play.

At $0.025, MUTM presents a rare combination of low entry and high conviction—and that’s exactly what investors are looking for before the next vertical move in altcoins begins.

For more information about Mutuum Finance (MUTM) visit the links below:

The post This $0.025 DeFi Project Could Be the Best Crypto to Buy Before Altcoins Go Vertical appeared first on Coinpedia Fintech News
As the crypto market regains momentum, investors are shifting their focus back to altcoins—and this time, the spotlight is on projects with actual value, not just hype. While some tokens are still trading on past reputations, others are building quietly with utility at their core. One standout is Mutuum Finance (MUTM), a DeFi token currently …

MicroStrategy 2.0 : All you Need to Know About New Crypto Venture Firm

MicroStrategy 2.0

MicroStrategy 2.0:- Bitcoin’s significance as a strategic asset has grown significantly. Today only it surpassed Google’s market cap to become the fifth-largest asset with $1.862 trillion in market value.

As it continues to rally and push further, major investment firms are continuing to scale their Bitcoin Acquisition strategy.

Michael Saylor’s MicroStrategy, now rebranded as Michael Saylor, has been accumulating Bitcoin since 2020. As of April 2024, the company holds 214,400 Bitcoins. It has now become the world’s largest corporate holders of Bitcoin, its primary treasury reserve asset.

In a move attempting to create its alternative,US Commerce Secretary Howard Lutnick’s son has also jumped into it. His son, Brandon Lutnick, has partnered with Tether, Bitfinex and SoftBank to form a MicroStrategy rival – 21 Capital.

Lutnick’s New Crypto Venture with SoftBank and Tether

The influential wall street figure, Brandon Lutnick, currently serves as the Chairman of Cantor Fitzgeral, LP. As per the Financial Times report, Lutnick’s new SPAC venture, 21 Capital, will be sponsored by Cantor only.

Cantor, the investment banking firm, has created a black check company, Cantor Equity Partners, to drive the operations of this new crypto venture.

It had reportedly raised $200 million in January and plans to recieve $3 bn in Bitcoin from its partners. The trio consortium of its partner includes Tether and Bitfinex, SoftBank. Each will contribute:

1. 1.5 bn of BTC – Tether
2. ⁠$900 mn of BTC – SoftBank
3. $600mn of BTC – Bitfinex

On Tuesday, Bitcoin Price surpassed $91,000 – for the first time since March 2. Going by its current price, number of Bitcoins 21 Capital will see in contributions will be roughly around;

1. Tether: $1.5 billion / $91,000 – 16,484 BTC

2. SoftBank: $900 million / $91,000 – 9,890 BTC

3. Bitfinex: $600 million / $91,000 – 6,593 BTC

MicoStrategy Rival: BTC Price
BTC Price Today | Source: Coingecko

Once merged, 21 Capital will convert its bitcoin holdings into publicly traded shares priced at $10 each. In the share-issuance calculation, it will value Bitcoin at $85,000 per coin for public investors.

According to 21 Capital, this will lower the barrier to large-scale bitcoin exposure without direct crypto custody unlike MicoStrategy. Its share-pricing formula does highlights the vehicle’s bullish long-term outlook on bitcoin’s price trajectory.

Can it Become MicroStrategy 2.0

Lutnick’s investment vehicle, 21 Capital, has been dubbed as “MicroStrategy 2.0”. This is because of its aim to replicate MicroStrategy’s treasury-bitcoin accumulation strategy at institutional scale.

MicroStrategy pioneered the corporate-treasury-bitcoin model in 2020. It raised capital via debt and equity to amass over 528,000 bitcoins at an average cost of $66,385 each.

21 Capital seeks to replicate and scale this playbook. It aims to use convertible bonds and private-placement equity alongside its SPAC proceeds. As per the information available, it is expecting to raise $350 million in convertible bonds and a separate $200 million private equity for its BTC purchase. placement

However, this is mirroring MicroStrategy’s own “21/21 Plan”. It targets $42 billion in combined equity and fixed-income raises over three years. On the surface, ‘Strategy’ of both the firms may appear the same, but in the long term, it is the execution that will determine its fate.

21 Capital’s Mammoth Task – Market Volatility

Executing bitcoin acquisition strategy on a large-scale comes with certain financial risks. Despite booming Bitcoin gains, MicoStrategy has reported four consecutive quarterly net losses, including a $1.17 billion loss in fiscal 2024,

Though its bold strategy has earned the firm NASDAQ-100 inclusion, success of such firms is subject to market volatility.

There’s a growing spree in the development of such firms. Recently, Kraken Executives acquired Janover to push their acquisition strategy but for Solana.

Thus, the fortune of 21 Capital will be directly tied to the long-term price trajectory of Bitcoin. If bullish, its boon. But if bearish for long-term, it can doom.

The post MicroStrategy 2.0 : All you Need to Know About New Crypto Venture Firm appeared first on CoinGape.

Ripple Burns 12 Million RLUSD Tokens – Here’s Why It Matters

Ripple has gone ahead with one of the biggest RLUSD tokens burn since introducing the stablecoin. The crypto has already achieved various milestones and is growing in terms of user adoption. So, this step could mark a significant point towards increasing its demand. Here’s why.

Why Ripple Burnt 12 Million RLUSD Tokens?

According to the Ripple stablecoin tracker’s X post, the blockchain-based digital payment network has burned 12 million RLUSD stablecoin tokens on Tuesday. The on-chain stats confirm that at 11:05 UTC on April 22, the firm went ahead with sending the token to a burn wallet, which would remove their existence from the ecosystem forever.

Ripple RLUSD Stabelcoin

Notably, such practices are made to reduce the excess supply of the token, creating scarcity, eventually boosting the demand. Another important point to note is that the transaction also focused on introducing cross-chain liquidity, as explained by the experts.

XRPL dUNL validator, Vet, reveals that the individual who requested the burning had moved the RLUSD from one blockchain to another. As a result, the supply of the tokens reduced on the XRP Ledger and increased on the Ethereum blockchain.

RLUSD tokens Burn

This acted as a liquidity bridge without affecting the circulation of the tokens. Interestingly, the RLUD Treasury minted 12 million (equal to the burning amount) within seconds after that.

RLUSD Trading Volume Rose 200% Past Tokens Burning

Similar to most top stablecoins, RLUSD is also pegged to the dollar at a 1:1 ratio. Interestingly, its adoption has been constantly growing since various top exchanges listed the token. Recently, Ripple stablecoin got listed on the Aave V3 Ethereum Core Market, gaining additional investor attention.

Amid that and the RLUSD tokens burning, its trading volume is up by more than 200%, currently at $102.96 million. In addition, its market capitalization stands at $294.07M, with 294.04M RLUSD in circulation. Interestingly, under the impact of this and the recovery of the crypto market, the XRP price is soaring.

Notably, Ripple Labs’ integration of RLUSD stablecoin with the payment network highlights the digital asset among users. Experts anticipate that RLUSD will occupy 50% of the stablecoin market capitalization and many other milestones in the near future.

The post Ripple Burns 12 Million RLUSD Tokens – Here’s Why It Matters appeared first on CoinGape.

Will XRP ETF Spark A Price Surge? Here’s What to Watch If SEC Says Yes

Will XRP ETF Spark A Price Surge? Here’s What to Watch If SEC Says Yes

The discussions on a potential XRP ETF approval by the US SEC are mounting among the market participants which could drive the crypto price higher. Besides, with the recent leadership change in the US SEC and the pro-crypto sentiment hovering, the discussions have further peaked recently. Amid this, experts have cited the approval as a potential catalyst to drive the XRP price to a new high in the coming days.

XRP ETF Approval: Will It Spark A Price Rally?

The XRP ETF approval discussions are now the talk of the town with the pro-crypto regulatory shift in the US. Besides, experts have said that Ripple’s coin and Solana are now leading the altcoin ETF race, citing key reasons.

Notably, nine firms have already submitted ETF applications for Ripple’s native asset with the US SEC. Though still under review, rumors hint that BlackRock may join the race, a move that could dramatically accelerate momentum.

Meanwhile, the asset management giant controls over $11 trillion in AUM, and its entry could send a strong signal to the market. However, an XRP enthusiast has recently shared why BlackRock has still not moved ahead with such a plan.

Expert Predicts Robust Surge

In a recent podcast, crypto analyst “Good Morning Crypto” said that an XRP ETF could act like a “giant vacuum,” pulling the coin out of circulation. Every ETF investment would move Ripple’s native asset into custodial holdings, tightening supply and sparking demand pressure.

Besides, the analyst highlighted that once these ETFs go live, they could lead to scarcity-driven price growth. With fewer coins circulating and more investors locking in their tokens, the market could experience a classic demand shock.

XRP ETF To Trigger ‘A Perfect Storm’?

Meanwhile, in a bullish scenario, regulatory clarity might arrive by August. If US lawmakers pass new legislation on crypto tax, infrastructure, and stablecoins, it would likely clear the path for businesses to use XRP in daily operations. Once that happens, the analyst suggested, institutional adoption would take off.

Besides, the discussions have further soared with pro-crypto Paul Atkins’ entry as the new US SEC chair. Furthermore, if ETFs start hoarding XRP and companies expect prices to rise, they might start stockpiling tokens early. This kind of behavior mirrors a “front-loading effect” in commodity markets, where future price gains trigger large-scale early buying.

Considering that, the experts have deemed the potential XRP ETF launch as the “perfect storm” for Ripple’s native asset.

What’s Next For XRP Price?

XRP price has recorded strong gains of over 9% today, soaring to the $2.28 mark, with its one-day volume rocketing 131% to $5.56 billion. Notably, this surge also comes amid a broader crypto market recovery, with BTC price soaring past the $93K mark.

Amid this, Sistine Research said that Ripple’s coin is poised to hit between $33 and $50 in the coming days. However, the analyst has cited his target as “conservative” and said that it is based on the historical pattern from 2017.

XRP price chart
Source: Sistine Research, X

However, the analyst also noted that a “cup and handle” analysis points towards a massive breakout ahead. According to him, this analysis indicates that XRP price is poised to hit between $77 and $100 in the coming days. Having said that, if XRP ETF gets the green light from the US SEC, the future of the asset’s price might hit new heights.

The post Will XRP ETF Spark A Price Surge? Here’s What to Watch If SEC Says Yes appeared first on CoinGape.

Solana Price Analysis: SOL Meme Coins Explode Amid Meteora DEX Lawsuit

Solana Price Analysis: SOL Meme Coins Explode Amid Meteora DEX Lawsuit

Solana price has been one of the top performers this week after bouncing from $134 to trade at $151 at press time. This rally has coincided with a surge in SOL meme coin prices, as their market cap surged by 23% in the last 24 hours to $8.7 billion. These meme coins are gaining after several investors filed a class-action lawsuit against Solana-based DEX Meteora for allegedly orchestrating a $69M pump and dump scheme.

Solana Price in Focus as Meteora DEX Lawsuit Fuels SOL Meme Coins Rally

Solana price tends to rally whenever meme coins created on the blockchain are recording gains, and this is currently the case. At press time, most of the top meme coins on Solana had registered double-digit gains, with popular ones such as BONK and dogwifhat (WIF) surging by more than 20%.

Solana Price Analysis: SOL Meme Coins Explode Amid Meteora DEX Lawsuit
Top 10 Solana Meme Coins

These gains come amid a lawsuit filed on April 21 that accuses Meteora DEX of giving misleading information about a SOL-based meme token known as M3M3, which launched in 2024. Data from CoinGecko shows that the M3M3 meme coin is trading at 98% below its December all-time high.

The plaintiffs claim to have lost more than $69 million within three months of investing in this token. They also accuse the developers of insider trading, fraud, and violating the US securities laws.

This development is fuelling interest in Solana meme coins, which are leading the ongoing price recovery across the crypto market. The rising demand for these meme coins is also driving gains for the SOL value today and causing a spike in blockchain activity.

Meme Coin Frenzy Boosts SOL Network Activity

The meme coin frenzy on Solana has not only caused a spike in price but also network activity. Data from DeFiLlama shows that SOL’s TVL has increased by more than $500M in the last two days alone, and it is approaching a two-month high. Meanwhile, DeX volumes have soared to $2.94 billion, which is the highest since early March.

Solana Price Analysis: SOL Meme Coins Explode Amid Meteora DEX Lawsuit
DeFiLlama

The spike in meme coin trading activity is likely behind these rising volumes, suggesting that as long as SOL-based meme coins record an uptick in demand, the Solana price is poised to continue with its upward trajectory.

Solana Price Analysis Amid Bullish Pattern Formation

Solana price has confirmed a double bottom pattern on its daily price chart and broken past resistance at the neckline, hinting towards a continuation of the current uptrend. SOL confirmed this pattern when it moved above the resistance level of $147. If it can flip this resistance level into support, it will confirm this bullish thesis.

The first target price in this double-bottom pattern is $180, which SOL will attain if it rallies by 20% from its current price. Once it flips the $180 resistance, it will kickstart a strong uptrend towards record highs. The MACD line has crossed above the zero line, confirming the bullish Solana price forecast.

Solana Price Analysis: SOL Meme Coins Explode Amid Meteora DEX Lawsuit
SOL/USDT: 1-day Chart

To sum up, Solana price is surrounded by a myriad of bullish catalysts, including surging meme coin activity, network growth, and a strong technical outlook. As long as these catalysts are present, SOL can hit resistance at $180 before continuing with its rally.

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Analyst Explains Perfect Storm For Altcoins to Explode as Bitcoin Nears $95K: Alt Season Soon

Analyst Explains Perfect Storm For Altcoins to Explode as Bitcoin Nears $95K: Alt Season Soon

With Bitcoin (BTC) approaching $95K after a 10% rally in two days, hopes of a sustained uptrend have caused investors to speculate on an alt season for the crypto market. If true, as one analyst explains, this could result in a perfect storm that propels altcoins higher.

Pundit Explains When Altcoin Will Explode as Bitcoin Approaches $95K

One analyst, Dom’s Market Flow, noted what needs to happen for cryptocurrencies to explode. Bitcoin’s ascent from low-$80K to $95K in just two days has caused investors to speculate decoupling from the US stock market amid Trump’s tariff tensions. With the crypto market showing signs of optimism, the next logical step is for altcoins to explode. But will this outcome occur?

Analyst Explains Perfect Storm For Altcoins to Explode as Bitcoin Nears $95K: Alt Season Soon
Bitcoin Needs to Cool for Altcoins to Explode

Dom’s Market Flow added that for altcoins to go higher, Bitcoin needs to slip into a rangebound or retrace slowly. This move will allow capital and profits to flow into other cryptocurrencies, kickstarting a bull run.

“As for alts, we need to see a cool off on $BTC dominance. As we speak, it is trying to break the local uptrend since April. This would allow alts to catch up.”

According to analyst a coll-off on Bitcoin dominance will triggers this alt season.

When Will Altseason Begin?

Based on the altcoin market, the recent crash in Bitcoin below $80K caused a death cross between the 50-day and 200-day Simple Moving Averages. While a golden cross hasn’t been spotted yet, the altcoin market cap has recovered above the 50-day SMA, suggesting the start of an uptrend.

Analyst Explains Perfect Storm For Altcoins to Explode as Bitcoin Nears $95K: Alt Season Soon
Altcoin Market Capitalization

CoinGlass’ alt season index hovers around 18, which shows that Bitcoin dominance is too high. This takes us back to the analyst’s quote about how BTC rally needs to cool off and so does BTC dominance for altcoins to start rallying.

Altseason Index

To conclude, investors must note that there is still time for altcoins to rally. The recent uptick is just the start of the uptrend due Bitcoin’s front-running. Hence, patient investors who accumulated or accumulate now could stand to gain a lot if patient.

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