Author: Monicah W

Ethereum opened trading at $1,913 on Wednesday, March 19, consolidating within a 5% range below the $2,000 resistance as investors awaited the U.S. Federal Reserve’s rate decision.

Bitcoin Extends Lead Over Ethereum (ETH) by 30% in Three Weeks

Ethereum price has remained trapped within a narrow range below $2,000, weighed down by uncertainty surrounding the Hoodi update and the Federal Reserve’s monetary policy stance.

While Ethereum was once projected to surpass Bitcoin in market capitalization, thanks to its decentralized finance (DeFi) and smart contract capabilities. However, Bitcoin has widened the valuation gap, outperforming ETH significantly in recent weeks.

The BTC/ETH ratio, which tracks the relative performance of both assets, hit a record high of 44.6 on March 14. With Bitcoin trading at $83000 and Ethereum at $1,900, 1 BTC can now purchase over 44 ETH, up 30% from the 1:33 ratio observed at the recent lows of February 25.

Ethereum DeFi Ecosystem Sheds $29 Billion in 30 Days

Ethereum’s sharp devaluation can be attributed to two key factors. Firstly, Trump’s new trade tariff policies have rattled global markets, prompting crypto investors to seek safety in Bitcoin over Ethereum.

Secondly, ETH price has struggled with network scalability issues and failed updates, which have dampened investor confidence.

Historical data suggests that Ethereum’s devaluation has accelerated after the Ethereum Merge, with multiple failed network upgrades pushing ETH supply above pre-Merge levels.

The Ethereum Foundation attempted to regain control by reshuffling leadership in February, yet investor sentiment remains bleak following the disappointing Pectra and Hoodi updates.

For context, Ethereum DeFi’s total value locked (TVL) was $118 billion on February 19.

However, as per DefiLlama data on March 19, that figure has now plunged to $89 billion, marking a $29 billion capital outflow—25% of the total deposits within Ethereum’s DeFi ecosystem.

This aligns with ETH’s 30% price decline, reinforcing Bitcoin’s dominance as the BTC/ETH trading ratio hit fresh highs.

Bearish Outlook for ETH in the Days Ahead

The $29 billion drop-off in Ethereum’s DeFi TVL, coupled with continued scalability struggles ahead of the Fed rate decision heigtens bearish risks ahead. As liquidity dries up in the DeFi ecosystem, ETH coins previously locked in smart-contracts trickle into the short-term market supply.

Hence, if the capital outflows persist, ETH could face further downward pressure, potentially retesting the $1,500 support zone. Additionally, with Bitcoin dominance widening, ETH price risks losing more market share in the near-term especially if US Fed rate decision falls below market expectations on Wednesday.

Ethereum Price Forecast: Bears Must Hold $2,100 Resistance to Avoid Major Liquidations

Ethereum price forecast signals lean neutral as it consolidates near $1,941 after a prolonged downtrend, with key technical indicators signaling potential volatility ahead.

The 50-day Exponential Moving Average (EMA) at $2,413 and the 100-day EMA at $2,695 indicate a bearish trend, while the 200-day EMA at $2,851 reinforces long-term resistance.

Ethereum remains firmly below these moving averages, highlighting persistent selling pressure. However, a bullish reversal could emerge if buyers regain momentum above short-term resistance levels.

The Bearish Balance Power (BBP) indicator at -107.25 suggests that sellers have dominated price action, maintaining downward pressure over the past month.

The recent series of lower highs and lower lows further confirm bearish market structure. However, decreasing volume on red candles implies that selling momentum may be weakening, leaving room for a potential relief rally.

A breakout above $2,100 could trigger a short squeeze, forcing bears to cover positions, which may result in a rapid move toward $2,400-$2,500 before an ultimate correction.

If the U.S. Federal Reserve’s rate decision on Wednesday sparks a positive market reaction, Ethereum could swiftly breach $2,100, invalidating the bearish outlook and exposing short sellers to significant liquidations.

Failure to reclaim this level, however, could lead to another retest of $1,700-$1,500, extending the current downtrend.

The post Ethereum DeFi Ecosystem Sheds $29 Billion in 30 Days as BTC/ETH Ratio Hits All-Time Highs appeared first on CoinGape.

The cryptocurrency market is monitoring the upcoming Federal Open Market Committee (FOMC) meeting, which is set to conclude on March 19, 2025. Investors are awaiting the Federal Reserve’s stance on interest rates, as any adjustments could influence the crypto market.

Federal Reserve Expected to Hold Interest Rates Steady

The Federal Reserve is widely expected to maintain the current interest rate range between 4.25% and 4.5% after its March meeting. Despite ongoing speculation about potential cuts, Federal Reserve Chair Jerome Powell has consistently indicated caution in adjusting rates. Powell points to inflation concerns and global economic uncertainties.

Some economists suggest that rate cuts may not occur until later in the year. Consequently, Fed rate cuts are projected around June 2025, as inflation remains a focal point of monetary decisions. Powell’s post-meeting press conference at 2:30 p.m. ET is expected to provide further insight into the Fed’s future approach.

With the Federal Reserve’s FOMC meeting expected to conclude tomorrow, crypto investors remain on edge about interest rate decisions. While market analysts predict that rates will stay unchanged, uncertainty surrounding inflation, trade policies, and economic growth continues to fuel volatility.

Crypto Market To Crash?

Bitcoin (BTC) has been fluctuating around $85K as the crypto market is in a volatile phase before the FOMC announcement. Many traders believe a crypto market crash could follow if the Fed signals a prolonged period of high interest rates.

Specifically, higher interest rates usually benefit more traditional types of investments such as bonds and savings accounts. As a result of this, capital is leaked from riskier assets such as cryptocurrencies. Conversely, rate cuts can boost liquidity and drive more money into speculative assets, including Bitcoin and altcoins.

But the Fed has stayed hawkish for a while, keeping rates higher, in order to curb inflation. Under these conditions, the crypto market is struggling, and a lot of investors are expecting relief from rate cuts in 2025. While inflation seems to be cooling, with the U.S CPI falling from 3.1% to 2.8%, this may not be enough to stop the Fed easing its policy.

Incase the Federal Reserve signals that rate cuts are approaching, a surge in altcoin prices could follow. This is because increased liquidity would likely encourage higher risk appetite among traders.

However, if the central bank keeps rates high for an extended period, crypto markets may decline. Tightening financial conditions could drive further losses.

With investors awaiting Powell’s remarks, the next 24 hours could determine whether the market stabilizes or experiences a crypto market crash.

The post Will Crypto Market Crash Tomorrow After Federal Reserve Interest Rate Decision? appeared first on CoinGape.

Dogecoin’s price is ambling toward the $0.29 mark after a previous correction that saw it erase its gains. While the broader trend for DOGE remains bearish, analysts are confident of a short-term rally to reclaim its one-month high.

Dogecoin Price Targets Breakout To $0.29

As bears stamp their authority in DOGE, there is rippling optimism that the dog-themed cryptocurrency could see a rally. According to an X post by Igor Bondarenko, Dogecoin’s price can go as high as $0.29 in the short term.

Bodarenko hinges his prediction on DOGE approaching its 20-day exponential moving average (EMA). As the dog-themed project inches toward the EMA, pundits say it may be a support level for traders entering the space.

On the flip side, a failure to break the EMA level could spell doom for the beleaguered asset. Per Bondarenko, Dogecoin prices may fall as low as $0.10 in the near future.

“A breakout could drive DOGE to $0.23 and $0.29,” said Bodarenko. “If rejected, a drop below $0.14 could send it to $0.10.

Long-term predictions for Dogecoin prices are fairly upbeat with one analyst predicting DOGE to hit $20 in the coming months. At the moment, Dogecoin price sits at $0.16 and has gained over 6% over the last 7 days.

On-chain Indicators Scream Promise For Dogecoin

While short-term technicals are predicting a small spike in Dogecoin’s value, on-chain indicators are pointing to a seismic leap. For one, DOGE address activity has soared to 1 million unique users with active addresses spiking by 400%.

Furthermore, fundamentals are indicating potential for a rally as high as $50. The filing of a DOGE ETF application by BlackRock may be the trigger for a seismic rally for the memecoin. Other institutional players are watching the space with keen interest as the assets move from memecoin to begin clutching at real-world applications.

Pseudonymous cryptocurrency analysts DOGECAPITAL and Trader Tardigrade remain optimistic in their prediction that DOGE can clinch $80, citing cyclical patterns from 2021.

“If historical trends repeat, Dogecoin is likely to begin its upward reversal soon, entering phase 2 of its parabolic rise,” said DOGECAPITAL

The post Dogecoin Price Eyes Breakout To $0.29 In The Short Term appeared first on CoinGape.

XRP price opened trading at $2.25 on Thursday, March 19, with key derivatives trading signals leaning bullish ahead of the U.S. Federal Reserve’s rate decision. Can XRP price breach the $2.5 resistance in the upcoming trading sessions?

XRP Price Remains Below $2.30 as Investors Shift Focus to Low-Cap Altcoins

Ripple (XRP) was among the top-performing altcoins last week, driven by reports that the U.S. Securities and Exchange Commission (SEC) was considering classifying XRP as a commodity as part of its settlement talks with Ripple. The anticipation that this move could eliminate a significant regulatory hurdle for altcoin ETF approvals fueled a strong rally.

Investors flocked to XRP, alongside other top altcoins such as Litecoin (LTC), Cardano (ADA), and Hedera (HBAR), with ETF approval filling in progress, all of which posted double-digit gains before facing corrections this week.

However, this week, the momentum has shifted away from XRP as new ETF developments have emerged. Canary Capital’s filing for a SUI spot ETF—its sixth altcoin ETF filing —alongside Nasdaq’s Polkadot ETF application has spurred fresh investor interest. As a result, both DOT and SUI have experienced notable price surges.

A broader market analysis suggests that investors are rotating capital out of last week’s top gainers, including XRP, in pursuit of these emerging narratives.

This rotation has left Ripple price trading below the $2.30 mark on Thursday, with its trading volume declining alongside other major altcoins such as LTC, SOL, and ADA, all of which have seen increased selling pressure over the past 24 hours.

XRP Derivative Traders Take a Cautious but Optimistic Stance Ahead of US Fed Rate Decision

While XRP’s price has struggled to maintain momentum this week, investors have rotated capital into emerging altcoins like Polkadot (DOT) and SUI, driven by fresh ETF narratives. Despite the bearish sentiment in the spot market, derivatives trading data reveals a more optimistic outlook, with traders positioning themselves for potential upside ahead of the U.S. Federal Reserve’s rate decision.

Three vital derivative trading indices compiled by CoinGlass on Wednesday suggesting an imminent bullish reversal in XRP price momentum:

1. XRP Derivatives Volume Climbs 7.34% as Open Interest Rises

XRP derivatives trading volume has increased by 7.34%, reaching $5.05 billion, while open interest (OI)—the total value of active futures contracts—has edged up 1.85% to $3.19 billion. This signals growing market participation, with traders actively opening new positions in anticipation of heightened volatility. An uptick in OI typically reflects confidence in an impending price move.

2. Long/Short Ratio Indicates Bullish Leverage Bias

On leading exchanges, XRP traders are showing a strong inclination towards long positions. The long/short ratio on Binance XRP/USDT accounts stands at 2.394, meaning there are nearly 2.4 long positions for every short. Similarly, OKX’s long/short ratio is 2.01, reinforcing the bullish outlook. When traders disproportionately favor longs, it often suggests an expectation of upward price movement.

3. Sell-Side Liquidations Decline as Bulls Gain Control

XRP’s sell-side liquidations have notably decreased, suggesting that bearish pressure is easing. In contrast, buy-side liquidations have risen, indicating that leveraged traders are positioning for an upward price move. This shift reduces the risk of downside volatility and supports the case for a potential recovery rally.

XRP Market Outlook:

Despite short-term price consolidation below the $2.30 level, XRP derivatives traders appear to be positioning for a bullish breakout towards $2.50. With rising open interest, a positive long/short ratio, and reduced sell-side liquidations, XRP may be primed for an upward move—contingent on the broader market reaction to the Fed’s rate decision on Wednesday.

XRP Price Forecast: $2.50 Breakout Could Spur More Gains

XRP price forecast remains cautiously bullish as the price consolidates around $2.28, with technical indicators showing mixed signals ahead of a potential breakout. The Bollinger Bands (BB) midpoint at $2.33 remains a key resistance level, while the lower BB at $1.95 provides strong support. A decisive break above $2.33 could trigger momentum toward $2.50, where a breakout may fuel an extended rally.

The MACD indicator is flashing early signs of a bullish crossover, with the MACD line moving upward toward the signal line, suggesting waning bearish momentum. Additionally, the histogram bars are transitioning from red to green, reinforcing the potential for a bullish reversal. The previous 30% rally within four trading sessions, highlighted in the chart, sets a precedent for XRP’s ability to surge once a breakout occurs.

However, the recent 7.88% retracement over the last four sessions raises caution. A failure to reclaim $2.33 could see further declines, with $2.00 as the next major support. The trading volume of 609M during the recent pullback suggests some hesitation among buyers. If XRP can sustain momentum and break $2.50, it could target $2.70-$2.90 in the coming weeks. Conversely, rejection at resistance could trigger further downside consolidation.

The post Ripple (XRP) Price flashes 3 Bullish Signals ahead of US Fed Rate Decision appeared first on CoinGape.

The post Internet Computer Price Prediction 2025, 2026 – 2030: Will ICP Price Hit $20? appeared first on Coinpedia Fintech News

Story Highlights

The world of Defis has been on a rollercoaster ride, with many projects making their debut in the business to mark their foothold. Projects like Internet Computer (ICP) came with stupendous ideas that allowed the public to develop innovative decentralized applications.

Its blockchain-based computer allocates and gauges smart contract computation and data collection at web speed. Besides, it also grossly oversimplifies the implementation and storage of information for the ICP community’s programmers.

Did you miss the bandwagon of Internet Computer’s historic price run, and have been analyzing the prospects? Look no further, as we decode the feasible ICP price prediction 2025, 2026 – 2030!

Overview

Cryptocurrency	Internet Computer
Token	ICP
Price	$ 5.82879604 0.56%
Market cap	$ 2,808,138,461.0851
Circulating Supply	481,769,896.0147
Trading Volume	$ 74,497,675.3813
All-time high	$750.73 on 10th May 2021
All-time low	No Data

*The statistics are from press time.

ICP Price Prediction 2025

The year 2025 could bring in a considerable price hike for the broader industry. Internet Computer developmental projects focusing on education, awareness, and technological prowess could escalate the cost to $19.50.

However, emerging rivals, stiffer competition, and a lack of fueling initiatives could drag the price to lows of $7.01. With this, the price would conclude the year with an average trading price of $13.75.

Year	Potential Low	Potential Average	Potential High
2025	$7.01	$13.75	$19.5

• Also Read :
•   Binance Coin Price Prediction 2025, 2026 – 2030: Will BNB Hit $1000?
•   ,

Internet Computer Price Targets 2026 – 2030

Year	Potential Low ($)	Potential Average ($)	Potential High ($)
2026	10.24	17.12	24.01
2027	14.58	22.41	30.25
2028	18.97	29.42	39.87
2029	23.99	37.52	51.06
2030	30.45	48.67	66.89

Internet Computer Price Projection 2026

According to our analysts, Internet Computer price for 2026 could range between $10.24 to $24.01, and the average price of ICP could be around $17.12.

ICP Crypto Price Action 2027

According to our analysts, ICP’s prediction for the year 2027 could range between $14.58 to $30.25, and the average Internet Computer coin price could be around $22.41.

Internet Computer Price Target 2028

According to our analysts, Internet Computer’s forecast for the year 2028 could range between $18.97 to $39.87, and the average ICP coin price could be around $29.42.

ICP Token Price Forecast 2029

According to our analysts, ICP predictions for the year 2029 could range between $23.99 to $51.06, and the average PancakeSwap price could be around $37.52.

Internet Computer Price Prediction 2030

According to our analysts, ICP predictions for the year 2030 could range between $30.45 to $66.89, and the average Internet Computer price could be around $48.67.

What Does The Market Say?

Firm Name	2025	2026	2030
Wallet Investor	$18.94	$23.47	–
priceprediction.net	$21.08	$32.15	$156.36
DigitalCoinPrice	$25.37	$35.91	$75.80

*The targets mentioned above are the average targets set by the respective firms.

Also, read Solana Price Prediction 2025, 2026 – 2030

CoinPedia’s Internet Computer Price Prediction

As per the formulated ICP price prediction by the expert panel of Coinpedia. Considering the recent developments and the planned updates as per the roadmap. The maximum price of ICP can be ~$20 in 2025. 

That being said, the minimum and the average cost of ICP could be around $7.01 and $13.75, respectively.

Year	Potential Low	Potential Average	Potential High
2025	$7.01	$13.75	$19.5

CoinPedia has dedicated a team of expert analysts to cover the possible crypto price prediction and sum it all up in one place, just for you!

FAQs

The post Internet Computer Price Prediction 2025, 2026 – 2030: Will ICP Price Hit $20? appeared first on Coinpedia Fintech News
Story Highlights The live price of the ICP crypto is . Internet Computer price could reach a maximum of $19.5 in 2025. The ICP price may hit a high of $66.89 by 2030. The world of Defis has been on a rollercoaster ride, with many projects making their debut in the business to mark their …

The post Will Bitcoin Dip to $78K? BlackRock’s $40M BTC Buy Raises Questions appeared first on Coinpedia Fintech News

As Bitcoin (BTC) and the overall crypto market continue to confuse investors and traders with massive price fluctuations, BlackRock, the world’s largest asset manager has garnered significant attention with its recent actions.

BlackRock’s $40 Million Worth BTC Purchase

Today, March 18, 2025, amidst another market price drop, the asset manager seized the opportunity and purchased $40 million worth of Bitcoin (BTC), as reported by the on-chain transactions tracker Arkham on X (formerly Twitter).

ARKHAM ALERT: BLACKROCK IS BUYING $40M $BTC

BLACKROCK IS BUYING.
FIDELITY IS BUYING.
ARK IS BUYING. pic.twitter.com/ToCMvCJM8b

— Arkham (@arkham) March 18, 2025

This significant purchase by BlackRock is giving investors and long-term holders hope and further hinting that this could be an ideal buying opportunity or the best time to accumulate BTC, as the asset’s price has significantly fallen in recent days.

Arkham’s post also noted that BlackRock is not the only one capitalizing on the recent price drop, Fidelity and ARK Invest, two other giant asset managers, are also following suit by purchasing significant amounts of BTC.

Current Price Momentum

Despite this positive development in the crypto landscape, the market remains unchanged. BTC is currently trading near $81,900 and has experienced a price drop of over 2% in the past 24 hours. However, during the same period, data shows a decline in investor and trader participation, as the asset’s trading volume has dropped by 8%.

Bitcoin (BTC) Technical Analysis and Upcoming Level

With the recent price drop, BTC has lost its crucial support from the inclined trendline it had maintained since March 11, 2025. Based on expert analysis and BTC’s price action, if the asset continues to trade below the $82,000 mark, there is a strong possibility it could drop by another 4.5%, reaching the $78,000 level in the near future.

This ongoing market uncertainty has pushed BTC below the 200 Exponential Moving Average (EMA), indicating that the asset is in a downtrend.

The post Will Bitcoin Dip to $78K? BlackRock’s $40M BTC Buy Raises Questions appeared first on Coinpedia Fintech News
As Bitcoin (BTC) and the overall crypto market continue to confuse investors and traders with massive price fluctuations, BlackRock, the world’s largest asset manager has garnered significant attention with its recent actions. BlackRock’s $40 Million Worth BTC Purchase Today, March 18, 2025, amidst another market price drop, the asset manager seized the opportunity and purchased …

The post Mantle Price Prediction 2025, 2026 – 2030: Will MNT Price Hit $2 This Year? appeared first on Coinpedia Fintech News

Mantle Network is another successful Layer-2 (L2) technology stack for scaling Ethereum solutions. Notably, this is the first core product of the Mantle Ecosystem. Reportedly, this ecosystem strives to be easily compatible with the Ethereum Virtual Machine (EVM).

Moreover, Mantle Network’s modular architecture makes it unique in terms of transaction execution, data availability, and transaction finality into modules. Further, this can be individually upgraded and adapted to the latest innovations of the network.

Are you one of many who are planning on stacking this altcoin before the altcoin season intensifies? We at CoinPedia have covered the market trends, sentiments, and possible Mantle (MNT) Price Prediction 2025, 2026 – 2030, and the years in between.

Overview

Cryptocurrency	Mantle
Token	MNT
Price	$ 0.80841120 -1.60%
Market cap	$ 2,720,056,614.2017
Circulating Supply	3,364,694,382.8368
Trading Volume	$ 71,432,826.7680
All-time high	$1.51 on 08th April 2024
All-time low	$0.3136 on 18th October 2023

Mantle Coin Price 2025

The MNT price has gained significant attention in the cryptocurrency space over the past few years. Despite trading at a discount of 46.4% from its ATH, this altcoin has jumped over 157% from its ATL of $0.3136.

Furthermore, with unique updates and increasing adoption, the MNT coin price could potentially achieve an annual high of $2.31. Conversely, rising uncertainty or stricter crypto regulations could result in this altcoin concluding with an annual low of $0.90.

With this, the Mantle price could conclude the year 2025 with an average trading price of $1.60 this year.

Year	Potential Low	Potential Average	Potential High
2025	$0.90	$1.60	$2.31

Are you curious to understand the long-term price possibilities of ETH token? Read CoinPedia’s Ethereum Price Prediction!

Mantle Coin Price Chart 2026 – 2030

Year	Potential Low ($)	Potential Average ($)	Potential High ($)
2026	1.17	2.17	3.18
2027	1.49	2.92	4.36
2028	1.97	3.93	5.89
2029	2.65	5.14	7.64
2030	3.87	7.04	10.22

Mantle Cryptocurrency Forecast 2026

The MNT price could achieve the $3 milestone with a high of $3.18 by the year 2026. On the flip side, the altcoin could record a low of $1.17 and an average price of $2.17.

Mantle Coin Price Prediction 2027

The Mantle crypto prediction for the year 2027 could range between $1.49 to $4.36 and the average price could be around $2.92.

Mantle Crypto Price Target 2028

During 2028, the MNT could reach a maximum value of $5.89 with a potential low of $1.97. Considering this, the average price of this altcoin could settle at around $3.93.

Mantle Price Analysis 2029

Looking forward to 2029, the Mantle Price may range between $2.65 and $7.64, and a potential average value of around $5.14.

Mantle Crypto Price Forecast 2030

By 2030, the value of a single MNT token price could reach a maximum value of $10.22 with a potential low of $3.87. With this, the average price could land at around the $7 mark.

Planning on investing in POL (ex-MATIC) crypto before it reclaims the $1 mark? Read Polygon Price Prediction to uncover the possible mysteries until 2030!

Market Analysis

Firm Name	2025	2026	2030
Changelly	$1.50	$2.23	$9.64
CoinCodex	$2.90	$1.12	$3.08
DigitalCoinPrice	$2.40	$2.68	$5.84

*The aforementioned targets are the average targets set by the respective firms.

CoinPedia’s Mantle Price Projection

With more fundamental updates and partnerships, the Mantle token could act as a major player in the Layer-2 ecosystem. This could push its native token “MNT” toward a new all-time high (ATH) during the upcoming AltSeason.

If the bullish sentiment intensifies, the Mantle price could reach a high of $2.31 this year. However, if the market turns extremely bearish, this could result in this altcoin settling at an annual low of $0.90.

Year	Potential Low	Potential Average	Potential High
2025	$0.90	$1.60	$2.31

To find out if the BNB coin price will hit $1000 this altcoin season, Read CoinPedia’s Binance Price Prediction now!

FAQs

The post Mantle Price Prediction 2025, 2026 – 2030: Will MNT Price Hit $2 This Year? appeared first on Coinpedia Fintech News
Story Highlights The live price of the Mantle crypto is . MNT price could reach a high of $2.31 in 2025. Mantle coin price with a potential surge, may reach a high of $10.22 by 2030. Mantle Network is another successful Layer-2 (L2) technology stack for scaling Ethereum solutions. Notably, this is the first core …

The post SHIB Burn Rate Soars 640%, But Price Drops – What’s Next? appeared first on Coinpedia Fintech News

Amid the ongoing price decline, Shiba Inu (SHIB), the popular and second-largest meme coin, has seen a rise in its token burn rate and is now gaining significant attention from crypto enthusiasts.

SHIB Burn Rate Jumps By 640%

Today, a blockchain-based Shiba Inu SHIB token burn tracker posted on X (formerly Twitter) that the Shiba Inu community has witnessed a 640% surge in the token burn rate in the past 24 hours.

HOURLY SHIB UPDATE$SHIB Price: $0.00001236 (1hr -0.09% ▼ | 24hr -4.49% ▼ )
Market Cap: $7,260,239,569 (-4.79% ▼)
Total Supply: 589,254,638,865,667

TOKENS BURNT
Past 24Hrs: 15,493,929 (639.52% ▲)
Past 7 Days: 541,922,921 (622.72% ▲)

— Shibburn (@shibburn) March 18, 2025

The post on X further added that during this period, the community burned a total of 15,493,929 SHIB tokens. However, it also mentioned that a significant 541,922,921 SHIB tokens have been burned in the past seven days, marking a 622% increase.

Current Price Momentum 

Despite the rise in token burning, the ongoing bearish market sentiment has sparked hopes of a price recovery. In the crypto industry, when a token or asset is burned from the total supply, it is considered a positive and bullish sign.

However, despite this, SHIB has recorded a 5% price drop in the past 24 hours and is currently trading near $0.0000124. Additionally, during the same period, its trading volume declined by 37%, indicating lower participation from traders and investors compared to the previous day.

Shiba Inu (SHIB) Technical Analysis and Upcoming Levels 

With this recent price drop, the meme coin has reached a crucial support level, which it has been testing since March 9, 2025, along the ascending trendline.

Additionally, SHIB’s four-hour chart shows that the meme coin has been forming lower highs and lower lows since February 2025. During this period, SHIB found support at the ascending trendline but later broke down and declined. Since then, it has continued following the same pattern.

Based on historical patterns and recent price action, if the meme coin falls and closes below the $0.00001215 level, there is a strong possibility it could drop by 10% to reach the $0.0000111 level in the coming days.

On the other hand, if this pattern fails, there is a strong chance that the price will soar, leading to a potential reversal.

The post SHIB Burn Rate Soars 640%, But Price Drops – What’s Next? appeared first on Coinpedia Fintech News
Amid the ongoing price decline, Shiba Inu (SHIB), the popular and second-largest meme coin, has seen a rise in its token burn rate and is now gaining significant attention from crypto enthusiasts. SHIB Burn Rate Jumps By 640% Today, a blockchain-based Shiba Inu SHIB token burn tracker posted on X (formerly Twitter) that the Shiba …

The post TRX Poised to Hit $0.25, Is Solana Integration Fuel the Rally? appeared first on Coinpedia Fintech News

Amidst the ongoing market uncertainty, TRX, the native token of Tron, is standing out from other assets due to its impressive performance over the past 24 hours. As of today, March 19, 2025, the asset has recorded an 8% gain, outperforming major cryptocurrencies like Bitcoin (BTC) and Ethereum, along with several others.

TRX Defies Bearish Trend and Outperforms BTC and ETH

The upside rally and price surge in TRX occurred after billionaire and Tron founder Justin Sun made a major announcement. Today, in a post on X (formerly Twitter), Sun stated, “TRX will be soon on Solana. Ready to buy and collaborate.”

It appears that this collaboration with Solana aims to enhance cross-chain transactions with SOL and other meme coins while leveraging Solana’s fast and low-cost network to improve overall efficiency.

TRX will be soon on solana. Ready to buy and collaborate

— H.E. Justin Sun (@justinsuntron) March 18, 2025

Current Price Momentum 

Sun’s announcement, amid the current market sentiment, helped TRX recover its losses, turn bullish, and sustain its upside momentum. The asset is currently trading near $0.238, recording a price surge of over 8.50% in the past 24 hours.

Additionally, following this announcement, trader and investor participation skyrocketed, leading to a 25% surge in trading volume.

Tron (TRX) Technical Analysis and Upcoming Levels

According to CoinPedia’s technical analysis, TRX appears bullish, and with the ongoing rally, it has regained one of its crucial support levels at $0.22 while moving toward the resistance level of $0.25.

The TRX daily chart shows that the asset was previously trading within a tight range between $0.2185 and $0.25. However, given the recent price rally and Sun’s announcement, it appears that the bulls are back, and the asset is poised to continue its upside momentum until it reaches the $0.25 level.

Additionally, during the recent price drop, the asset successfully retested the 200 Exponential Moving Average (EMA) on the daily timeframe, indicating that it remains in an uptrend.

The post TRX Poised to Hit $0.25, Is Solana Integration Fuel the Rally? appeared first on Coinpedia Fintech News
Amidst the ongoing market uncertainty, TRX, the native token of Tron, is standing out from other assets due to its impressive performance over the past 24 hours. As of today, March 19, 2025, the asset has recorded an 8% gain, outperforming major cryptocurrencies like Bitcoin (BTC) and Ethereum, along with several others. TRX Defies Bearish …