Author: Monicah W

In a positive development for Coinbase, Alabama has officially dropped its enforcement action against the cryptocurrency exchange. This decision marks a shift in the legal challenges facing the company regarding its staking program.

Currently, only five states continue to pursue legal cases against Coinbase’s staking services.

Alabama Drops Coinbase Lawsuit Over Staking

Alabama’s Securities Commission had accused Coinbase of offering unregistered securities through its staking rewards program. The staking service allows users to lock up their digital assets to help verify transactions on a blockchain network. In return, Coinbase provides rewards to the users, and the company earns a commission for facilitating the process.

State regulators, including those from Alabama, argued that the program was an investment contract that would require registration under securities laws.

We’re halfway there: Alabama just dropped its enforcement action against @coinbase – cutting the number of states with misguided staking suits in half in just two months. 1/3 pic.twitter.com/MWVnl30BTl

— paulgrewal.eth (@iampaulgrewal) April 23, 2025

While the Alabama case may have been dropped, the crypto exchange still faces legal challenges elsewhere, including in Oregon. A development came from pro-XRP lawyer John Deaton, who sharply criticized Oregon’s Attorney General Dan Rayfield’s stance in the state’s case against the crypto exchange. Deaton questioned the rationale behind the legal action, calling Rayfield’s arguments illogical and potentially harmful to the broader cryptocurrency ecosystem.

Other States Involved in Legal Actions

Several states, including California, Illinois, and Washington, filed the Coinbase lawsuit after a multi-state investigation spearheaded by the U.S. Securities Exchange Commission.

The ten states, including Alabama, brought legal suits against Coinbase for allegedly violating laws governing securities in the states through its staking program. While some have issued cease and desist letters to the crypto exchange, others have threatened to fine the company or have flat out banned the provision of staking services.

However, several states have backed down since then, including the US SEC in February this year. Kentucky, Vermont and South Carolina even dismissed their own cases against the exchange and now this is also the case with Alabama. The exchange’s legal department has continually defended the staking activity, saying it is legal and has acted against such trends.

California, Maryland, New Jersey, Washington, and Wisconsin are the only states still actively pursuing legal action against the company. As Coibase’s Chief Legal Officer says, the legal situation is shifting and he would like to see more states withdraw their actions like Alabama.

Shifting Focus to Federal Regulation

Paul Grewal argued that the current patchwork of state-level regulations on staking services is confusing consumers and businesses in the crypto space. He pointed out that four of the remaining states have imposed complete bans on Coinbase’s staking service. These actions, in his opinion, misallocate taxpayer resources.

“It’s time for these outliers to follow suit,” said Grewal. He stressed the need for a clear, federal regulatory framework for digital assets. With the recent drop of the SEC’s own federal case against the crypto exchange over staking, the focus is now on whether Congress will intervene and create a more unified approach to regulating cryptocurrencies.

Coinbase has long advocated for clearer and more consistent regulations for the crypto industry, which would help provide more certainty to both consumers and businesses. The ongoing legal battles in various states only highlight the challenges posed by the lack of a comprehensive federal framework, which the crypto community await to change under the new US SEC Chair Paul Atkins.

The post Coinbase Secures Legal Win as Alabama Drops Lawsuit Over Staking appeared first on CoinGape.

The trade tensions between the US and the People’s Republic of China may be easing following President Donald Trump’s new comments, sparking renewed interest in global financial and crypto markets. Among the biggest gainers has been the cryptocurrency sector, which saw sharp movements after Trump’s remarks about reducing tariffs on Chinese goods.

US-China Tariff Negotiations Gain Momentum

After months of tense exchanges, President Donald Trump hinted at reducing tariffs on China during a press event at the White House. According to the update, President Trump said that while the high tariffs on Chinese goods would not be completely removed, they would come down substantially. 

He noted that 145% was very high and that the two countries could have a better relationship. China, in turn, released a statement showing an interest in restarting trade talks. After weeks of heavy pressure on both economies, the move hinted at possible breakthroughs. 

Commenting on the developing story, political and economic analyst Jostein Hauge emphasized that China holds a stronger position. He noted this as the country primarily exports high-tech goods to the United States.

He added that American exports to China are mostly low-tech products like fuels. This makes it easier for China to find new sources, while the United States could struggle to replace its Chinese imports.

Bitcoin Soars as Crypto Market Investors Makes Bold Bets

The financial and crypto markets have responded positively to the anticipated tariff truce between the two countries. 

For example, Bitcoin extended its recent rally, reaching a new all-time high of $94,220 on April 23. Market predictions suggest that the Bitcoin price could crest at the $100,000 mark amid whale distributions. 

It is worth noting that the current price outlook is partly driven by BTC ETF inflows, which hit $921 million, the highest daily figure since the ETF’s launch. The broader digital asset market also experienced a significant influx of investment, with total market capitalization surpassing $3 trillion. 

Crypto market and altcoins such as XRP, Solana (SOL), and Cardano (ADA) also gained momentum. The memecoin market was not left behind either, as the Official TRUMP token surged 70%, reaching $14.56.

Traders are increasingly hopeful that easing tensions between the US and China could fuel a long-term rally in crypto assets.

Inflation and Interest Rates in Focus

The potential easing of US-China trade tensions could directly impact inflation and interest rate policies. With tariffs likely to decrease, the cost of imported goods may fall, reducing pressure on consumer prices. 

A lower inflation outlook could give the Federal Reserve more space to slow down interest rate hikes. President Trump has called on Fed Chair Jerome Powell to lower interest rates.

Investors are now watching closely to see if these early talks will lead to a full agreement. For now, the crypto market is one of the biggest winners from the latest shift in the US-China trade war.

The post US-China Trade War: Crypto Market In Spotlight as Tariff Concession Talk Resumes appeared first on CoinGape.

The price of several digital currencies, such as Dogecoin (DOGE), Shiba Inu (SHIB), and Cardano (ADA), has risen rapidly. After weeks of sustained consolidation, these altcoins have recorded their highest price levels in the past month, setting them on many traders’ watchlists. Amid the general bullish breakout, here is a breakdown of what to expect from the price of these digital currencies moving forward.

Dogecoin and Potential Reversal Prospect

At the peak of trading, the price of DOGE soared as high as $0.1850 per CoinMarketCap data. However, the coin has seen its price fall to $0.1797 while maintaining a 4.07% uptick in 24 hours. The broader crypto market jumped today, with memecoins largely leading the rally.

For Dogecoin, the core performance metrics stayed bullish, with a trading volume of 64.24% to $2.1 billion. Over the past month, the DOGE price maintained a strong consolidation; the trading volume hardly exceeded the $1 billion mark. Despite the intensely positive retail and whale engagement, the memecoin is still locked below the $0.1800 resistance level.

The uptick in the price of Dogecoin did not come from core DOGE fundamentals. Unless this trend changes and core ecosystem updates emerge, the bullish breakout of the memecoin might be short-lived.

Shiba Inu Changing the Memecoin Outlook

Shiba Inu joined the rally, soaring as high as $0.00001388 within the 24 hours. Although the percentage gain is now relaxed, the coin has maintained its support above the $0.000013 mark. Over the past week, the coin jumped 13.62% as it looks to pare off the losses it incurred in the Year-to-Date (YTD).

Considering the market outlook, SHIB price analysis hints at a potential 512% breakout in the coming weeks. While there are conflicting whale and futures outlooks on different timeframes, the Shiba Inu ecosystem has a more promising anchor for the price.

Unlike other memecoins like Dogecoin, with Shibarium and the SHIB OS innovation, developers like Shytoshi Kusama are pushing for new use cases for the project. While there are collaborations with governments to back its evolution, time may be the major decider of how high Shiba Inu can sustain its cycle momentum.

Cardano May Take Advantage of Bitcoin Influence

Bitcoin is the clear market leader, but Cardano may see more benefits from its association in the long term. The Charles Hoskinson-led project is making an important pivot to drive Bitcoin adoption with DeFi-based staking as teased previously.

Cardano has achieved more than most Proof-of-Stake (PoS) blockchain networks in the past year. The protocol transitioned to community governance and has outperformed core rivals in percentage growth over the past year.

Cardano’s price changed hands for $0.6983 at the time of writing, up by 5.92% in the past 24 hours.

With $0.7 a local market resistance, ADA has the fundamentals to break out long-term. Per an earlier ADA price analysis, the coin could soar to $0.7658 in the short term.

The post What to Expect from Dogecoin, Shiba Inu, and Cardano Price Now? appeared first on CoinGape.

XRP price climbed 2.3% on Wednesday, breaking past resistance levels as altcoin ETF speculation triggered renewed institutional buying pressure.

Ripple (XRP) breaks 14-day resistance as Bloomberg’s Chief ETF analyst hints 72 altcoin ETF applications

Ripple’s XRP token climbed 2.3% on Wednesday, crossing the $2.20 level for the first time in two weeks as ETF optimism gripped altcoin markets. The XRP price breakout follows a sustained consolidation below the $2.10 technical resistance zone that had capped gains since early April.

The broader crypto market witnessed moderate gains midweek, buoyed by expectations of a more favorable regulatory outlook following recent changes at the U.S. Securities and Exchange Commission.

Notably, Ripple price outperformed rival altcoins like  BNB and Tron (TRX) on Wednesday. This is attributed to recent comments from Bloomberg’s Chief ETF Analyst Eric Balchunas suggested that the SEC may be nearing decisions on 72 altcoin ETF applications—most notably for XRP, Litecoin (LTC), and Solana (SOL).

Markets now pricing in 30% SOL ETF approval odds 

Betting activity on decentralized prediction market Polymarket indicates that crypto investors have priced in a 32% chance of ETF approval for key altcoins. This reflects a 10% increase following the official swearing-in of Paul Atkins—known for his pro-crypto stance—as the new SEC Chair under the Trump administration.

Atkins’ appointment has heightened expectations that the regulatory body will pivot toward a more friendly stance on altcoin etfs in reviews, especially those with established market depth like XRP.

However, the current market structure also carries risks. With such high expectations, traders should be cautious of potential “sell-the-news” dynamics. Strategic investors may seek to offload positions upon official ETF approval, dumping on retail buyers.

Analyst Oscar Ramos $5 prediction remains in play

Technical analyst Oscar Ramos reaffirmed his long-term bullish outlook on XRP earlier this month, predicting the token could reach $5 by the end of 2025. In a video published on April 9, Ramos outlined an Elliott Wave scenario in which XRP completes a long-term bullish breakout, driven by institutional flows and regulatory clarity.

Since Ramos’ prediction, XRP has surged 33% from $1.72 to $2.25, reinforcing confidence in his medium-term thesis. The rally has coincided with heightened interest from ETF speculators and broader anticipation of increased altcoin legitimacy under the new SEC regime.

Should the ETF verdict fall in XRP’s favor and institutional allocations materialize, Ramos’ $5 target could shift from speculative to structurally plausible. However, any delays or unfavorable rulings would likely delay that timeline, reinforcing the caution as market trends remain volatile.

XRP Price Forecast Today: Resistance Retest Eyes $2.30, But Bull Trap Risks Linger

XRP price continues to trade within a cautiously bullish structure after gaining over 33% in the last two weeks, closing Wednesday at $2.2257. Price action on the daily chart suggests a breakout attempt from a tight consolidation range that held since April 10, with XRP briefly testing the upper Donchian Channel band at $2.3010. This level marks immediate resistance, and a daily close above it could validate bullish continuation toward the $2.50 zone.

The 14-day rally, measured from the recent $1.72 swing low, occurred on increasing volume (2.57B) and signals solid market participation, a key condition for sustainable upward momentum.

The RSI-based oscillator (RSiOMA) shows a strengthening trend, with the green RSI line crossing above its moving average and holding near 49, suggesting buyers remain in control, though not yet in overbought territory.

However, failure to breach the $2.30 resistance could expose XRP to a pullback toward the $1.95 midpoint support.

A decisive rejection here may fuel a short-term correction, particularly if broader market sentiment falters or traders sell the news following ETF verdict speculation. For now, the structure leans bullish with an eye on $2.30 as a make-or-break level.

The post Ripple (XRP) Price Forecast: Oscar Ramos Says XRP to hit $5 as SEC Nears Verdict on 72 Altcoin ETFs appeared first on CoinGape.

The post WIF, BONK & FLOKI Prices Attract Massive Gains—Has the Memecoin Mania Begun? appeared first on Coinpedia Fintech News

The memecoins have begun to rise as Bitcoin displays massive stability after the recent upswing. The bears failed to drag the levels lower, which suggests the markets could have probably risen despite the bearish influence. As a result, prices of dogwifhat (WIF), FLOKI & Bonk have managed to attract massive gains. Here’s why a memecoin mania appears to be imminent before a potential AltSeason. 

dogwifhat (WIF) Price Aims for 80% Recovery

• The weekly chart of WIF price suggests the memecoin has begun with a recovery after undergoing a correction 

• The price dropped below the neckline of the double-top pattern after facing a rejection, a couple of times from the ATH

• The RSI has triggered a bullish divergence, which suggests the price is in between a strong recovery 

• However, the weekly Gaussian channel has turned bearish which raises concerns over the next price action

• Therefore, the WIF price is required to secure $0.8 before the weekend which may invalidate bearish trajectory and a potential push towards $1

FLOKI Price Could Reach $0.0001 

• The FLOKI price has risen above the bearish captivity as the recent rise has helped the token to break the bearish pattern

• After breaking above the resistance of the descending parallel channel, the FLOKI price maintained a strong upswing and rose above the pivotal range at $0.00006858

• As the volume rises, the CMF also surged above 0 with a steep increase to 0.12, indicating a massive rise in the money flow

• However, the token is yet to validate a breakout that could happen once the price closes and begins the fresh day’s trade above $0.00007

• Once done, the FLOKI price is believed to squash a zero from its’  value and reach the pivotal range at around $0.00011. 

Bonk Price at a Decisive Phase-May Trigger a 25% Rise

• The BONK price has reached the neckline of the double bottom pattern and is experiencing a notable pullback

• The RSI has maintained an incremental approach, which suggests the rising strength of the bulls 

• On the other hand, the Ichimoku cloud has just turned bullish as the price has risen above the cloud, and hence the cloud could act as a strong support

• Hence, if the BONK price sustains within the range, a breakout could push the price towards the resistance just below $0.00002, which is weak, resulting in a pullback

• Therefore, the BONK price is believed to maintain a consolidated ascending trend and rise above the resistance to enter the range between $0.000025 and $0.000026

The post WIF, BONK & FLOKI Prices Attract Massive Gains—Has the Memecoin Mania Begun? appeared first on Coinpedia Fintech News
The memecoins have begun to rise as Bitcoin displays massive stability after the recent upswing. The bears failed to drag the levels lower, which suggests the markets could have probably risen despite the bearish influence. As a result, prices of dogwifhat (WIF), FLOKI & Bonk have managed to attract massive gains. Here’s why a memecoin …

The post Whales Turn Active After Ethereum’s Strong Recovery: What’s Next for ETH Price? appeared first on Coinpedia Fintech News

Ethereum’s price has jumped after being stuck in a slump for several weeks, helping it in gaining some market dominance after hitting record lows. The crypto market started to bounce back after U.S. Treasury Secretary Scott Bessent reportedly said in a private meeting that the trade tensions between the U.S. and China can’t last much longer. As ETH began to recover strongly, whales started getting more active, which could lead to increased price swings ahead.

Ethereum’s Open Interest Jumps Over 12%

Ethereum has seen a strong upward rally in the past few hours, gaining over 10% in just 24 hours. This sudden spike has also caused a noticeable rise in several on-chain metrics.

According to data from Coinglass, around $127 million worth of Ethereum positions were liquidated in the last 24 hours. Of that, buyers lost about $34.2 million, while sellers were hit harder, closing out $92.8 million in short positions.

This price surge followed comments from former President Trump, who said U.S. tariffs on Chinese goods “will come down substantially,” and Treasury Secretary Scott Bessent, who described the ongoing U.S.-China trade dispute as “unsustainable”, both hinting that a resolution might be coming soon.

The bullish momentum has also influenced Ethereum’s derivatives market. Open interest (the total value of outstanding derivative contracts) jumped by 12%, reaching over $21.5 billion. It signals rising investor interest and adds hope to the recovery rally.

Also read: ETH Breaks $1,800: Why Ethereum Price is Up Today?

In addition, funding rates for ETH perpetual futures have turned positive, rising from 0.0018% on April 21 to 0.0087%, which suggests that traders are more willing to bet on price increases.

Ethereum’s market dominance has also gone up. On April 22, it dropped to just 7%, the lowest level since September 2019, according to TradingView. But after the recent price jump, its market share bounced back and climbed above 7.5% by April 23. Additionally, the large transaction volume jumped by almost 400%, touching 4.64 million ETH.

Altogether, the rising open interest and positive funding rates show that more money is flowing into the market, increasing buying pressure and possibly holding prices even higher.

What’s Next for ETH Price?

Ether (ETH) has recovered after dropping to around $1,500, and sellers are having a hard time pushing it any lower. Buyers have stepped in and pushed the price past some important short-term resistance levels. Now, ETH is aiming to stay above the $1,850 mark. Currently, it’s trading at about $1,816, which is over an 11% gain in the last 24 hours.

The technical indicators are also looking good for buyers: the moving averages are trending upward, and the RSI (Relative Strength Index) shows positive momentum. If ETH can stay above $1,850, there’s a good chance it could make a move toward $2,000 soon. If that happens, it might even break past a bigger resistance zone around $2,500.

However, if sellers want to take back control, they’ll need to push the price below the 20-day moving average (EMA20). If that level is broken, the price could fall to around $1,385, which is a key support zone. Dropping below that might signal a short-term shift in favor of the bears.

The post Whales Turn Active After Ethereum’s Strong Recovery: What’s Next for ETH Price? appeared first on Coinpedia Fintech News
Ethereum’s price has jumped after being stuck in a slump for several weeks, helping it in gaining some market dominance after hitting record lows. The crypto market started to bounce back after U.S. Treasury Secretary Scott Bessent reportedly said in a private meeting that the trade tensions between the U.S. and China can’t last much …

The post Should You Buy More TRUMP to Have Dinner With President Trump? Will the TRUMP Price Sustain Above the Gains? appeared first on Coinpedia Fintech News

Soon after the launch, the OFFICIAL TRUMP (TRUMP) price experienced a huge pullback that has continued in recent times. Meanwhile, the ease in the global markets has led to a strong recovery within the crypto space. The top tokens like Bitcoin, Ethereum, etc., and many more have been thriving with flying colors, which has triggered the memecoin mania too. The top ones like Dogecoin & Shiba Inu prices are attracting decent gains, but the other memes like Brett, FLOKI, doewifhat, and Bonk have been surging with a huge margin. 

Meanwhile, the rise in the TRUMP price has raised everyone’s eyebrows and has also raised concerns about whether the rally is short-lived. 

Currently, TRUMP is running hot with a massive increase in the trading volume as bullish news flew in. Soon after, President Trump announced a private dinner with the top 220 holders of the token on May 22. Just a couple of days before, on April 18, nearly $300 million worth of TRUMP tokens were unlocked, and traders began to short, anticipating a pullback. However, the latest rounds of private dinner have liquidated $8.5 million of shorts.  Moreover, a whale just bought nearly $5 million worth of tokens, which has pushed the price above $16 for a while. 

This huge purchase suggests whether the U.S. President is indirectly compelling the investors to buy more TRUMP. It gets more shocking after joining the dots of Trump owning 90% of the TRUMP supply, the lockup period on the supply expiring, and Trump placing tariffs on the entire world and carving out exemptions for companies on a case-by-case basis. Interestingly, only 24% of the tokens have been unlocked till now, and the rest, which includes a daily unlock of 492K tokens, will last for the next couple of years. 

The bulls have failed to surpass the pivotal resistance at $16.5, despite a 90% upswing and a 500% increase in the trading volume. This points towards the possibility of a short-term rally as the bears have begun to extract profits. 

The post Should You Buy More TRUMP to Have Dinner With President Trump? Will the TRUMP Price Sustain Above the Gains? appeared first on Coinpedia Fintech News
Soon after the launch, the OFFICIAL TRUMP (TRUMP) price experienced a huge pullback that has continued in recent times. Meanwhile, the ease in the global markets has led to a strong recovery within the crypto space. The top tokens like Bitcoin, Ethereum, etc., and many more have been thriving with flying colors, which has triggered …

The post Arbitrum (ARB) Price Analysis: Dead Cat Bounce or Full Blown Recovery Next? appeared first on Coinpedia Fintech News

• ARB price has followed a similar fractal pattern to the September 2024 bullish breakout.

• The resurgence of crypto FOMO could trigger a parabolic rally for ARB price in the near future.

The gradual recovery of Ethereum (ETH), in the past few days beyond $1.7k, has reverberated in its layer two (L2) ecosystem, led by Arbitrum (ARM). The renewed altcoin interest by whale investors has rejuvenated bullish sentiment, as Bitcoin (BTC) price rebounded above the crucial support level of around $92k.

In the past seven days, ARB price has rallied over 18 percent to trade about 33 cents on Wednesday, April 23, during the mid-North American trading session. The large-cap altcoin, with a fully diluted valuation of about $3.3 billion and a 24-hour average trading volume of about $229 million, has been trapped in a multi-month falling trend.

What Next for ARB Price

After being trapped in a falling trend YTD, ARB price broke out of a falling logarithmic trend in the past few days, signaling a potential macro reversal. Furthermore, a similar reversal pattern occurred between September and November 2024 but was overshadowed by the YTD selloff.

With the daily Relative Strength Index (RSI) having rallied above the 50 percent level for the first time in 2025, it is safe to assume a reversal is imminent. Moreover, the daily MACD indicator is on the cusp of transitioning to bullish sentiment.

In case of further bullish sentiment, ARB price aims at 47 cents in the short term and $1.2 in the coming months.

Closer Look at Arbitrum’s Fundamentals 

The Arbitrum network has grown into a vibrant web3 ecosystem on the Ethereum blockchain in the past year. As of this writing, dozens of DeFi protocols have already deployed on the Arbitrum network, thus its total value locked (TVL) hovering at about $2.22 billion and its stablecoins market cap at around $2.86 billion.

The Arbitrum network has, however, faced intense competition from Coinbase Global-backed Base in the recent past. According to market data from Defillama, Base Network has a TVL of about $2.7 billion and a stablecoins market cap of around $4.11 billion.

The post Arbitrum (ARB) Price Analysis: Dead Cat Bounce or Full Blown Recovery Next? appeared first on Coinpedia Fintech News
ARB price has followed a similar fractal pattern to the September 2024 bullish breakout. The resurgence of crypto FOMO could trigger a parabolic rally for ARB price in the near future. The gradual recovery of Ethereum (ETH), in the past few days beyond $1.7k, has reverberated in its layer two (L2) ecosystem, led by Arbitrum …

The post Shiba Inu (SHIB) Price Forecast Today appeared first on Coinpedia Fintech News

• SHIB price has potentially broken out of a YTD falling channel in the past few days.

• The TRUMP token rally on Wednesday has increased the odds for a FOMO memecoin rally ahead.

The rise of Bitcoin (BTC) price, above $92k in the past few days, has triggered a significant increase in memecoin trading. Official Trump (TRUMP) token doubled in value on Wednesday, thus rejuvenating the memecoin rebound – led by Floki, Pudgy Penguin (PENGU), Dogecoin (DOGE), and Shiba Inu (SHIB), among others.

According to market data from Binance-backed Coinmarketcap, the memecoin’s daily average trading volume surged by over 102 percent to hover about $13.3 billion at the time of this writing,

What Next For SHIB Price

Shiba Inu price has closely mirrored Ethereum’s fractal pattern in the past twelve months. The mid-cap memecoin, with a fully diluted valuation of about $7.9 billion and a 24-hour average trading volume of about $290 million, had been trapped in a falling channel in the past two quarters.

However, SHIB price, in the daily timeframe, has been forming a reversal pattern in the past three months. From a technical analysis standpoint, SHIB price has formed a possible inverse head and shoulders pattern, coupled by a bullish divergence of the Relative Strength Index (RSI) in the daily timeframe.

With the daily MACD indicator on the cusp of flipping to bullish sentiment, SHIB’s price is well positioned to rally at least 100 percent in the coming weeks.

The SHIB’s short-term bullish sentiment may be invalidated if the memecoin retraces below the upper border of the falling channel in the coming days.

Market Outlook

The Shiba Inu memecoin has gradually evolved to a utility-based project following the rollout of the Shibarium layer two scaling solution. Moreover, more than 18 DeFi projects have launched on the Shibarium network, led by ShibaSwap and WoofSwap. 

As a result, Shibarium’s total value locked (TVL) has gradually increased to about $2.3 million at the time of this writing. The rising on-chain activity for Shibarium has helped increase Shiba Inu’s daily burn rate, thus increasing value to the holders.

The post Shiba Inu (SHIB) Price Forecast Today appeared first on Coinpedia Fintech News
SHIB price has potentially broken out of a YTD falling channel in the past few days. The TRUMP token rally on Wednesday has increased the odds for a FOMO memecoin rally ahead. The rise of Bitcoin (BTC) price, above $92k in the past few days, has triggered a significant increase in memecoin trading. Official Trump …