Bitcoin’s biggest cheerleader, Michael Saylor, is at it again — and he’s doubling down on his belief that Bitcoin isn’t just the future, it’s the investment opportunity of a lifetime.
In a recent interview with David Lin, the MicroStrategy co-founder opened up about his early Bitcoin days, admitting he was so obsessed when he first learned about it that he could barely sleep. “I was afraid someone else would figure it out before me and buy it all,” he laughed.
Since then, Saylor has transformed into one of Bitcoin’s loudest and most influential advocates, rallying both Wall Street and retail investors alike. Some even argue that the reason institutional giants are finally paying attention to Bitcoin is because Saylor kept preaching about it — and people listened.
But with Bitcoin’s price steadily rising and major players like BlackRock, Fidelity, and other financial heavyweights stepping into the crypto arena, isn’t it getting harder for Saylor to keep adding to his stack? Not at all, according to him. In fact, he believes this is exactly how Bitcoin was designed to work.
“It gets exponentially harder to acquire Bitcoin over time — and that’s what makes it valuable and secure,” Saylor explained.
A Maturing Market Means Higher Prices, Less Risk
Saylor pointed out how the crypto industry has matured in recent years. Gone are the days of risky, overleveraged companies like FTX and Terra Luna steering the market. Now, established financial institutions with “permanent capital” are moving in, reducing volatility and making Bitcoin a more stable, long-term asset.
Bitcoin at $10 Million? Saylor Says He’ll Still Buy
Perhaps the boldest moment came when Saylor predicted Bitcoin’s price trajectory — claiming it could one day hit $10 million per coin. And no, he won’t stop buying when it does.
“I bought it at $10,000, I’ll buy it at $100,000, at a million, and at $10 million,” Saylor said confidently. “Because by then, the entire ecosystem will be less risky and it’ll still be a better bet than the S&P 500 or a warehouse in Siberia.”
He also shared his take on how mainstream adoption will look. According to Saylor, the day your bank offers to buy Bitcoin for you on your phone is the day a single Bitcoin will already cost a million dollars. And when banks start recommending it like a hot stock tip? That’s when Bitcoin’s price could be pushing $10 million.
Fartcoin surged 173% in April, becoming the top-performing memecoin with a market cap of $1.14 billion and strong whale-driven activity.
PENGU saw a +136.35% weekly gain, but monthly growth slowed to +102% from 153% on 28th April, with a potential pullback on the horizon.
: Whale purchases of Fartcoin, including a $2.48 million increase, add volatility and bullish sentiment to the token’s rise.
Despite a short-term pullback, PENGU holds a bullish market structure, with support at $0.0100–$0.0110 crucial for continued upward momentum.
PENGU’s volume surged to $1.2B, driven by institutional and retail interest, though high leverage signals potential short-term volatility.
April has proven to be a breakthrough month for memecoins; in addition to their close correlation towards the major cryptocurrencies with their move towards the top on the altcoin charts monthly, Solana-based tokens have taken the top position in April, both with the latest gains and also market money transferred to be staked in them.
Fartcoin (FARTCOIN) has claimed the title of top-performing solana memecoin with +171.42% for the month. It is currently priced at $1.15 and boasts a market cap of $1.14 billion and a 24-hour trading volume of $255.86 million.
On the weekly performance side, Pudgy Penguins (PENGU) managed a +136.35% 7-day increase, moving its price to $0.01203, and it has enjoyed a monthly climb of +102.02%, although it fell from 3rd to 6th in 24 Hours since 28th April in monthly performance rankings of memecoins.
PENGU’s rise has also caused it to outperform TRUMP coin this week, as TRUMP coin rallied 62.42% – but did not cause the same level of traction after the u.s president with an exclusive event for the top 220 TRUMP holders event on May 22 to be hosted in New Jersey.
One of the better coins overall has been Brett (BRETT) which is currently priced at $0.06493 in April and has a month gain of +110.71%, while also experiencing similar week monthly metrics. Finally, Bonk (BONK) has reported a monthly return of +75.25%, while currently priced at around $0.00002019. Bonk currently has a 24-hour trading volume of $382.43 million.
PENGU Coin Price Pulls Back After 260% Rally, Bulls Eye $0.0205 Breakout
PENGU coin has shown impressive bullish strength, rallying over 260% from its base around $0.0040 to a recent high of $0.0144, breaking out from months of consolidation. However, after this sharp rally, the price has pulled back by 2%, currently sitting at $0.0118, near the key short-term support zone of $0.0100–$0.0110. This level is critical as it has acted as both a trendline retest and support, making it a key area to watch for potential price action.
The RSI, now at 75.82, remains above 70, indicating that buyers are still in control, though momentum has cooled. The MACD continues to show a bullish crossover, reinforcing the likelihood of trend continuation. If the price holds above this support zone, we could see a move towards $0.0145, $0.0170, and eventually $0.0205, aligned with the 38.2% Fibonacci retracement level.
A breakout above $0.0205 could pave the way for a mid-term rally toward $0.0256, $0.0343, or even $0.0500 in the next 6–10 weeks, depending on volume and broader market conditions.
Short-term traders should monitor the $0.0100–$0.0110 support zone closely. If this area holds, it could signal a rebound towards higher levels. Long-term traders can maintain a bullish outlook as long as the price stays above the 20 and 50 EMA ($0.0074), which continue to offer dynamic support.
After a 260% surge, PENGU is in a consolidation phase, and if support holds, the next leg higher could come quickly.
Overall, after a 260% surge, PENGU is in a textbook consolidation phase — and if the support holds, the next leg higher could come swiftly.
FARTCOIN (FARTCOIN) Price Eyes Breakout as Handle Formation Nears Completion
FART Coin continues to follow a classic bullish cup and handle pattern on the daily chart. After forming a rounded bottom between early February and mid-April, the price successfully completed the “cup” structure and has since carved out a shallow handle, marked by light consolidation just below the $1.30 resistance level.
Price Action & Structure:
FART is currently trading around $1.12–$1.13, maintaining its structure above the critical $1.00 support zone, which remains the ideal floor for the bullish scenario.
The immediate challenge lies at $1.30, acting as the “handle resistance.” A confirmed breakout above this level would validate the handle breakout and likely trigger a move toward the $1.60–$1.80 resistance targets.
The EMAs (20/50/100/200) continue to fan out in a bullish alignment, with the 20 EMA now well above the longer EMAs, indicating sustained upward momentum
Momentum Indicators:
RSI (14) is currently at ~65.20, slightly up from yesterday’s 66 but still comfortably below the overbought threshold (70). This cooling-off zone supports continued bullish momentum without exhaustion, giving bulls room to push higher.
MACD is showing positive momentum with the MACD line at 0.1355 and signal line at 0.1310, keeping the bullish crossover intact. The histogram, while modest, still reflects positive momentum.
Key Levels to Watch:
Immediate Support: $1.00 → Maintaining this level is crucial for the structure to stay valid.
Breakout Level: $1.30 → A daily candle close above this could confirm the handle breakout.
Upside Targets: $1.60 (Major Resistance) → Followed by $1.80 as the next potential Q2 target.
Downside Risk Zone: If $1.00 fails, watch for a pullback toward the $0.75–$0.73 zone where the 50 EMA also aligns as secondary support.
The post Solana Memecoins FART And PENGU Dominate Meme Coin Market: Can They Sustain the Momentum? appeared first on Coinpedia Fintech News
Key Takeaways: Fartcoin surged 173% in April, becoming the top-performing memecoin with a market cap of $1.14 billion and strong whale-driven activity. PENGU saw a +136.35% weekly gain, but monthly growth slowed to +102% from 153% on 28th April, with a potential pullback on the horizon. : Whale purchases of Fartcoin, including a $2.48 million …
On-chain data shows whales have been accumulating Ether relentlessly in the last few days.
ETH price has to consistently close above $1,687 in the coming days to invalidate the multi-week correction.
Ethereum has continued to bleed to Solana, and the trend is likely to continue in the coming months.
Ethereum (ETH) price followed Bitcoin (BTC) in a bullish outlook on Tuesday, April 22, potentially ending a multi-week market correction. The large-cap altcoin, with a fully diluted valuation of about $205 billion, recorded a 36 percent surge in its 24-hour average trading volume to hover about $20B at the time of this writing.
For the first time since April 6, Ether’s price rallied beyond $1.7k on Tuesday during the mid-North American session.
Ethereum Whales Gradually Returns
According to market data from Intotheblock, Ethereum’s adoption rate has gradually grown, signaling potential decoupling from crazy speculation. The rising tokenization of real-world assets (RWAs) on the Ethereum network has helped increase on-chain activity and attract more whale traders.
On-chain data by Lookonchain shows a whale investor has accumulated 48,477 ETH from crypto exchanges since Feb 15, and is currently sitting on a loss of about $21 million. Meanwhile, cash outflow from U.S. spot Ether ETFs has significantly declined in the past few days, signaling growing market confidence.
Midterm Ether Price Target
For the first time since the second inauguration of U.S. President Donald Trump, Ether price, against the U.S. dollar pierced through the daily falling logarithmic trend. After establishing a robust support level above $1,500 in the past two weeks, Ether’s price is well primed for a market reversal.
From a technical analysis standpoint, the daily MACD indicator is approaching the bullish flippening zone. Meanwhile, the daily Relative Strength Index (RSI) has been forming a bullish divergence and a reversal will be confirmed if the indicator consistently closes above the 50 percent level.
The post Ethereum Price Analysis Today: key Short-term Targets for ETH to Consider Ahead appeared first on Coinpedia Fintech News
On-chain data shows whales have been accumulating Ether relentlessly in the last few days. ETH price has to consistently close above $1,687 in the coming days to invalidate the multi-week correction. Ethereum has continued to bleed to Solana, and the trend is likely to continue in the coming months. Ethereum (ETH) price followed Bitcoin (BTC) …
Bitcoin has seen some volatility recently, with its price facing significant challenges. Despite these setbacks, the cryptocurrency is forming a bullish pattern.
Investors, particularly short-term holders (STHs), have shown resilience by moving towards accumulation, which supports the notion of potential recovery in the coming weeks.
Bitcoin Investors Are Hopeful
Bitcoin’s realized losses have been a key indicator of the current market’s struggles. This week, the realized losses across all market participants reached $818 million per day, which is among the highest values in recent times. The only larger recorded loss was the yen-carry-trade unwind on August 5, 2024, which totaled $1.34 billion.
These substantial losses reveal that many investors have been forced to sell their positions below their cost basis, pressured by the ongoing market downturn. Despite this, the significant realized losses suggest that many investors are feeling the weight of the current volatility, yet some continue to hold their positions.
On a more positive note, Bitcoin’s network growth has been on the rise. The number of short-term holders has increased, with 50,000 more wallets on the network compared to a month ago. Specifically, there has been a rise of 37,390 new wallets holding less than 0.1 BTC, and 12,754 wallets holding between 0.1 and 100 BTC.
The growth in the number of Bitcoin wallets reflects strong conviction among these short-term investors. Despite the ongoing price fluctuations, their continued involvement in the market indicates that many are looking beyond the current downturn. This is an important factor in supporting Bitcoin’s potential recovery, as it suggests that the base of holders remains strong and that interest in the cryptocurrency is far from fading.
Bitcoin’s price has shown a 6% recovery in the last 24 hours, trading at $92,776 as of the latest update. The cryptocurrency is nearing the critical resistance level of $93,625, which it has struggled to breach in recent days. A successful breach of this resistance could mark the beginning of a bullish breakout, pushing Bitcoin higher.
If Bitcoin manages to flip $93,625 into support, it could pave the way for a rise towards $95,761. Such a move would also indicate a potential breakout from the descending broadening wedge pattern that has dominated the market in recent weeks. Should this happen, Bitcoin could find itself heading towards the psychologically significant $100,000 mark, marking a strong recovery from its recent volatility.
However, if Bitcoin fails to break through $93,625, it could fall back to the $89,800 support level. A failure to hold at this point could delay the recovery further and even push Bitcoin to test lower levels, with $87,041 acting as a crucial support. A move below this level would invalidate the bullish outlook and extend the current downtrend.
