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CoreWeave has agreed to acquire Texas-based Bitcoin miner Core Scientific in an all-stock deal worth approximately $9 billion. The transaction, announced on Monday, is aimed at expanding CoreWeave’s AI infrastructure capabilities and securing access to over 1.2 gigawatts of data center power across the United States. Core Scientific shareholders will receive 0.1235 of CoreWeave’s Class
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The crypto market has seen a surge in new meme coins. They are mainly from three chains: Ethereum, Solana, or Base.
Thus, BeInCrypto has analysed the best-performing meme coins from all three chains for investors to watch today.
PENGU has seen a 26% increase in the last 24 hours, currently trading at $0.0143. The altcoin successfully breached the $0.0129 resistance level and is now eyeing the $0.0180 resistance. This upward movement signals growing investor interest, positioning PENGU for further potential gains in the near term.
As a meme coin on the Solana chain, PENGU is one of the day’s top performers. If it breaches the $0.0180 resistance, it could set its sights on the next target at $0.0225. This would represent a significant price jump, supported by continued market interest and momentum.
However, if PENGU fails to secure $0.0129 as a support floor, it risks falling below $0.0100. A drop to $0.0071 would invalidate the bullish thesis, signaling a potential reversal.
MOG has posted a 40.69% increase, becoming the best-performing meme coin of the day. Currently trading at $0.0000009248, the altcoin represents the Ethereum blockchain. This notable rise indicates growing investor interest, and its continued upward movement could push MOG further into the spotlight in the meme coin sector.
MOG is now facing resistance at $0.0000009399. Successfully breaching this level is essential for the meme coin to establish a 3-month high. If it manages to break this barrier, MOG could push past $0.0000010000, with the next target set at $0.0000012143, marking significant growth.
If MOG fails to breach $0.0000009399, it risks a decline to $0.0000007539. A drop below this level would invalidate the bullish outlook, erasing recent gains.
BRETT has surged 23% today, becoming one of the top performers. Currently trading at $0.063, the altcoin, based on the Base chain, is facing resistance at $0.068. If this resistance is breached, BRETT could continue its upward trajectory, attracting more investor interest and potential gains.
Breaching the $0.068 resistance would mark a 3-month high for BRETT, opening the path toward $0.082. A successful move beyond this point would drive further price increases, offering significant returns to investors. Continued market momentum could propel BRETT into even higher territories in the coming weeks.
However, if BRETT fails to break the $0.068 barrier, its bullish momentum could falter. A reversal below this level could pull the altcoin down to $0.052, and potentially as low as $0.047. This decline would invalidate the bullish thesis, signaling potential losses for investors if market sentiment weakens.
The post PENGU, MOG, BRETT Lead Gains On Top 3 Chains | Meme Coins To Watch Today appeared first on BeInCrypto.
The post Buying Dogecoin (DOGE) At $0.25 or Buying Remittix (RTX) At $0.07 – Which Will Be the Bigger Payday? appeared first on Coinpedia Fintech News
With crypto markets on the rise, investors are looking for their next big move. Dogecoin (DOGE), the original meme coin, shows new resilience and potential for a breakout to $0.25. Remittix (RTX), a utility cryptocurrency, is gaining traction rapidly at a much lower entry point of $0.0781. But which one of these has more upside potential for 2025?
Let’s break down both opportunities and see which could pay out more.
Remittix (RTX) is quickly becoming one of the best altcoin investment choices for serious investors. At $0.0781, RTX presents a compelling value proposition: it connects crypto and traditional finance seamlessly, enabling users to transfer BTC, ETH, or XRP to regular bank accounts as fiat in minutes. It’s revolutionary utility ready to break into a $190 trillion global payments market.
Early demand has been solid, with over 538 million tokens bought and more than $15.3 million collected. As a fresh alternative to hype tokens, Remittix is breaking ground on a highly desirable solution: cheap, efficient global remittances. It’s drawing comparisons with pre-stage Ripple (XRP) and Stellar (XLM), but specialists believe that RTX could take its real-world adoption further faster.
As crypto transitions to widespread adoption, Remittix is positioned well. Existing options are plodding and rigid, meaning RTX is well on its way to lead in short order. According to many experts, it has a good shot at entering the top 10 cryptocurrencies by market cap during the next bull cycle.
If RTX continues to move forward at its projected pace, today’s bargain price may be a historic one.
Dogecoin remains one of the most recognized cryptocurrencies, and the latest trends point to bullish momentum ahead.
On May 20, a Dogecoin whale moved over $92 million worth of DOGE (260 million coins) from Robinhood into an unknown wallet as a sign of long-term accumulation. The wallet is now one of the largest on the network, a signal of growing institutional interest.
Meanwhile, the technical charts indicate several bullish trends. According to analysts like TATrader_Alan, DOGE price has penetrated its neckline at $0.185 and is forming an inverted head-and-shoulders trend. Analysts expect a breakout to $0.27, and some see the $0.42–$0.43 supply zone.
Source: Amina Chattha
Derivative data reinforces this expectation. Futures open interest stands at $2.7 billion, and liquidation imbalances show short positions being squeezed, showing strong bullish pressure.
But it’s worth noting that DOGE price is already at $0.23, and therefore, compared to lower-priced alternatives like Remittix, there is less room to 2x or 3x from this point.
Dogecoin enjoys name recognition, celebrity endorsement (thanks to Elon Musk), and widespread recognition. But it has no use outside of speculation trading and tipping. Most recent rallies have depended heavily on sentiment, widely correlated with larger market moves or whale behavior.
Remittix, on the other hand, is becoming increasingly popular due to its utility rather than hype. It solves a humongous pain point—crypto-to-fiat payments across borders—and does more efficiently than the competition. Its growth curve is following the early traction seen in Ripple and Stellar, but appears to be scaling even more rapidly.
With DOGE near its local highs and Remittix in the early stage of its cycle, risk-to-reward favors RTX for investors seeking higher possible returns.
Dogecoin can hit $0.27 or even $0.43 with consistent momentum, but its downside is limited by how much further it’s already traveled. Remittix, at a bargain $0.0781, has plenty more room to move exponentially, especially with over $15.3M raised, 538 M+ tokens sold, and strong real-world demand. For those desiring the bigger payday in 2025, Remittix (RTX) may well be the better value.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
The post Buying Dogecoin (DOGE) At $0.25 or Buying Remittix (RTX) At $0.07 – Which Will Be the Bigger Payday? appeared first on Coinpedia Fintech News
With crypto markets on the rise, investors are looking for their next big move. Dogecoin (DOGE), the original meme coin, shows new resilience and potential for a breakout to $0.25. Remittix (RTX), a utility cryptocurrency, is gaining traction rapidly at a much lower entry point of $0.0781. But which one of these has more upside …
Canary Capital has submitted a registration filing to the United States Securities and Exchange Commission (SEC) for the launch of the first-ever Pengu exchange-traded fund (ETF). This move adds to the growing list of crypto asset managers seeking regulatory approval for digital asset-based ETFs.
According to the filing published on Thursday, the proposed ETF will invest in the PENGU token, which is the official token of the Pudgy Penguins NFT project, as well as in Pudgy Penguins NFTs themselves. The filing also states that the ETF will hold other digital assets, including Ethereum (ETH) and Solana (SOL), to support trading and transfers.
In the registration statement, the ETF is defined as an investment trust that invests in digital assets such as PENGU tokens and Pudgy Penguins NFTs, among others. Regarding these holdings, Canary Capital emphasized that these ones are critical for monitoring the token and the NFT assets.
If launched, the ETF will allow investors to track the price of PENGU and other NFTs in its portfolio without owning or hosting them as physical assets. The trust may also contain other assets in the form of digital media for the buying and selling besides conversion and redemption of the fund.
“Other non-security digital assets owned by the trust include SOL and ETH that may be necessary or incidental,” the filing added.
The Pudgy Penguins project released the Ethereum-linked PENGU token in December. The project has been popular in the crypto sphere as a collection of NFT and social networking. Although PENGU was first developed on Ethereum, there is a growing sentiment that it can be regarded as a Solana meme coin since most of its trading activity transpire in Solana platforms.
Following the ETF announcement, the PENGU token saw a sharp 10% price increase during early trading. It broke above previous resistance levels and moved past the Ichimoku cloud, indicating a possible shift in momentum.
The Relative Strength Index (RSI) for PENGU moved from 44.86 to 62 shortly after the news, indicating increased buying activity. The RSI remains below the overbought level of 70, suggesting that further gains are still possible.
Many of the analysts are now focusing on the $0.0093 as the next level of resistance backed by the Robinhood listing last week. A breakout above that level means the token will be trading above the $0.010 mark, the first time in a month. However, if the momentum disappears, the token may fall back to $ 0.0062 support area.
Canary Capital is not the only firm pursuing ETF approval for non-traditional digital assets. In recent months, several asset managers have submitted filings for altcoin ETFs, including ones focused on Dogecoin (DOGE), Sui, Hedera, and BONK. These filings followed the approval of spot Bitcoin and Ethereum ETFs by the SEC in 2024.
Despite the recent trend, the SEC has delayed decisions on many of these applications, especially those involving meme coins and smaller tokens. Some market participants have raised questions about whether ETFs for meme coins and NFTs will meet regulatory standards.
“The likelihood of approval for these funds remains unclear due to high volatility and limited trading history,” a statement from the filing added.
The ETF proposal has sparked different responses from traders and analysts online. Some have raised doubts about investor demand for a fund tied to a meme coin and NFT project that is less than six months old.
Social media commentator @beast_ico wrote, “We don’t need ETFs for ghost chains, much less sub 6 month old memecoins.” Others noted that despite the ETF news, the price reaction was short-lived, and sustained momentum may depend on broader market trends.
Industry observer Alex Krüger commented,
“New ETFs for crypto assets have become an irrelevant joke,” citing weak asset inflows into recently launched funds.
The post Canary Capital Files for Pengu ETF With US SEC, PENGU Price To Soar? appeared first on CoinGape.