BTC price is showing major strength, gaining 2.43% to $109,500 levels as veteran trader Peter Brandt highlights a strong breakout moment on charts, with a potential rally to $140K. However, Arthur Hayes undertakes a bearish outlook ahead of the Jackson Hole event in August, predicting a potential BTC crash to $90K. The upcoming key CPI
BOOP, the latest meme coin on Solana, quickly surpassed a $500 million market cap just hours after its launch on May 1, 2025, drawing intense interest from the crypto community.
However, behind the explosive price surge lie significant risks tied to volatility, regulatory pressure, and the long-term sustainability of the Boop.fun ecosystem that investors must carefully consider.
The Surge of BOOP and Boop.fun on the Solana Ecosystem
BOOP, the token of the meme coin launch platform Boop.fun on Solana. It has sparked a frenzy as its market capitalization soared past $500 million shortly after its launch on May 1, 2025, before settling at $421 million.
The token’s trading volume reached $63.9 million within the first 1.5 hours, reflecting intense interest from the meme coin community. At the time of writing, it has climbed to $112 million.
Reports indicate that Boop.fun was founded by Dingaling, a prominent figure in the NFT community known for successful projects like Moonbirds and Invisible Friends. Dingaling’s involvement lends credibility and helps Boop.fun garnered significant attention from its debut.
Factors Supporting BOOP’s Price Surge
Several positive factors have contributed to BOOP’s price rally. First, Moonshot, a platform dedicated to supporting meme coins, announced the integration of BOOP into its ecosystem.
Additionally, the actions of major investors played a crucial role. A smart wallet spent 2,500 SOL, equivalent to $37.7 million, to establish a BOOP position at $0.07115. It is now recording a profit of $600,000 with a 159% return.
The participation of large investors signals confidence in BOOP’s potential, particularly as the Solana ecosystem experiences a boom. Solana’s total value locked (TVL) reached $8.01 billion in May 2025, a $2 billion increase from October 2024.
Moreover, institutional investors are starting to take notice of Solana. DeFi Development Corp (formerly Janover), dubbed the “SOL version of MicroStrategy,” announced on Thursday that it expects to receive $24 million in private equity investment (PIPE), which will support general corporate purposes, including acquiring more Solana.
“This raise is a milestone in our mission to build the most transparent, crypto-native treasury vehicle in public markets.” It enables us to scale our SOL position with speed – while continuing to deliver SOL-per-share growth to our investors.” said the company’s Chief Executive Officer, Joseph Onorati
Pro-crypto policies from the Trump administration have also bolstered market sentiment. The Solana community even hopes that BOOP could become the “next BONK,” a meme coin that achieved significant success on the ecosystem in 2023. However, BOOP faces several risks behind this rapid growth that need careful consideration to assess its long-term potential.
Risks and Challenges for BOOP
Despite their impressive achievements, BOOP and Boop.fun face numerous challenges. First, BOOP shows signs of high volatility driven by market FOMO. The rapid price surge may indicate an overbought condition, posing a risk of a sharp correction.
The history of meme coins on Solana reveals that many tokens have peaked quickly only to plummet later, such as BONK, which lost 70% of its value from its peak in December 2023. This raises questions about BOOP’s sustainability once the initial excitement fades.
Second, regulatory pressures are a significant concern. The EU’s MiCA regulation, effective since June 2024, imposes strict standards on token issuance platforms like Boop.fun. This could impact Boop.fun’s global expansion plans.
Finally, Boop.fun is a newcomer to the Solana meme coin launch platform. Competition from platforms like Pump.fun, Auto.fun, or, recently, LaunchLab will create many barriers for this platform.
Considering these risks and challenges, if Boop.fun fails to build a sustainable user base, BOOP may face significant price volatility, much like other meme coins on Solana. This requires Boop.fun to develop a clear strategy to grow its ecosystem and maintain investor interest.
Robert Kiyosaki, author of Rich Dad Poor Dad, has issued a strong warning about the state of the U.S. economy. Amid these concerns, Kiyosaki has predicted BTC price could surge to between $500,000 and $1 million amid Bitcoin setting a new all-time high today. Robert Kiyosaki Concerns Over U.S. Bond Auction Robert Kiyosaki’s recent comments were triggered by a U.S. Treasury bond auction held on May 20. The Rich Dad Poor Dad author stated that no buyers appeared at the auction and alleged the Federal Reserve had to purchase $50 billion worth of bonds itself. The U.S. Treasury Department, however, released data showing a bid-to-cover ratio of 2.97, with $212.58 billion in bids and $74.38 billion accepted. Only $4.38 billion was awarded to the Federal Reserve’s account, according to the official records. This suggests participation was higher than Kiyosaki implied. Despite this, Robert Kiyosaki warned that this event signals a… Read More at Coingape.com
Recently, the IMF (International Monetary Fund) has updated its balance of payments standards to account for the increasing importance of digital assets. For the first time, cryptocurrencies like Bitcoin (BTC) are officially recognized in global economic reports.
However, this sparked a wave of discussion in the crypto community where many claimed that the IMF had referred to Bitcoin as “digital gold.”This quickly caught the attention of many in the space, fueling debates and speculation across social media. However, Dennis Porter, a well-known voice in the space, quickly questioned this interpretation, asking, “Can anyone point to exactly where the IMF says Bitcoin is ‘digital gold’?”
Dennis Clarifies The Confusion
After diving into the IMF’s statement, Dennis clarified the source of the confusion. The IMF actually referred to Bitcoin as a “new digital asset designed to be used as a means of payment or act as a store of value.”
Ok I’ve tracked down why people are claiming the IMF said Bitcoin is digital gold.
“new digital assets designed to be used as a means of payment or act as a store of value.”
This is a massive stretch to jump to: “IMF says bitcoin is digital gold”.
He remarked that the phrase “designed to be” is crucial here and it doesn’t necessarily mean that the IMF is officially endorsing Bitcoin as “digital gold” or guaranteeing its stability or value like gold. It’s more about recognizing Bitcoin’s potential, not confirming it as a proven asset. The “store of value” idea for Bitcoin is debated due to its volatility. Unlike gold, which has a long history of stability, Bitcoin’s price can fluctuate significantly.
IMF Provides Guidelines on Tracking Digital Assets
The IMF’s latest update to the Balance of Payments Manual (BPM7) now includes cryptocurrencies like Bitcoin (BTC) in its global economic framework. This is the first time the IMF has provided clear guidelines on how digital assets should be tracked in global financial stats, marking a big step for crypto in the financial world.
Cryptos like Bitcoin are classified as non-productive capital assets, while stablecoins are treated as financial instruments. The update also changes how cross-border crypto transactions, staking, and mining are tracked, with mining and staking now recorded as services in a country’s computer services exports/imports.
This update is a big step in officially recognizing digital assets as part of the global economy, helping to track and regulate them better in the future.
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Recently, the IMF (International Monetary Fund) has updated its balance of payments standards to account for the increasing importance of digital assets. For the first time, cryptocurrencies like Bitcoin (BTC) are officially recognized in global economic reports. However, this sparked a wave of discussion in the crypto community where many claimed that the IMF had …