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MARA Holdings Inc. is nearing a $168 million deal to buy EDF’s Exaion. The move signals a major push into artificial intelligence (AI) infrastructure beyond Bitcoin mining operations. MARA Targets AI Expansion With $168M Exaion Deal MARA Holdings Inc. is close to acquiring a controlling stake in Exaion from Electricité de France SA in a
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The post Explosive Meme Coins to Keep an Eye On in 2025: Bonk (BONK), Shiba Inu (SHIB), and 3 More Hot Picks appeared first on Coinpedia Fintech News
Meme coins are entering a new phase in 2025 fueled not just by community hype but by real utility and blockchain infrastructure. Bonk (BONK) and Shiba Inu (SHIB) remain at the forefront, but a new generation of meme tokens is emerging. Little Pepe ($LILPEPE), Dogecoin (DOGE), and Pepe (PEPE) are drawing attention for their strong user bases and unique strategies. These five coins are shaping up to lead the meme token market this year.
Bonk (BONK) is Solana’s leading meme coin and the first to launch natively on the Solana blockchain. Launched on December 25, 2022, it brought liquidity back into decentralized exchanges on Solana. BONK’s role as a community utility token gives it strong integration across Web3 platforms and will remain relevant in 2025.
Shiba Inu (SHIB), built on Ethereum, has grown way beyond its meme origins. With a total supply of one quadrillion, SHIB now powers a broad ecosystem, including the NFT art incubator and decentralized exchange, Shibaswap. Since its launch in 2020 and especially after its founder stepped away in 2021, the SHIB community has taken full control of its direction, making it a rare, fully community-led token in the top ranks.
Little Pepe ($LILPEPE) is gaining traction as one of 2025’s most promising new meme coins. Unlike others, LILPEPE is not just a token; it’s the native asset of a newly built Ethereum-compatible Layer 2 blockchain, designed for speed, scalability, and low fees. The project blends meme energy with real infrastructure, making it more than just a viral coin.
LILPEPE is currently in Stage 9 of its presale, priced at $0.0018, with the next stage set to increase to $0.0019. So far, the project has reached the goal of $16.06 million out of $16.475 million and 11.02 billion tokens have been sold. The presale supply ratio is 26.5 percent of the total supply, which is 26.5 billion of 100 billion tokens.
Tokenomics Breakdown:
LILPEPE accepts ETH, USDT (ERC-20), and credit/debit cards, so it’s beginner-friendly. ETH is needed to pay for gas even when paying with USDT. Purchases can only be made through LittlePepe.com, as no third-party listings are official at this time. The Little Pepe roadmap is meme-themed with phases like “Pregnancy,” “Birth,” and “Growth” with planned features like staking, a community-governed DAO, and a meme-focused launchpad. The ongoing $777K giveaway will award 10 winners with $77,000 each in LILPEPE tokens to fuel the growing community.
Dogecoin (DOGE) was created in 2013 and is still one of the most recognized meme coins. With zero development hype, it thrives on its simplicity and community, and with public backing from Elon Musk, DOGE has strong social traction. Pepe (PEPE), the frog-based meme token on Ethereum, blew up in early 2023 and is still trading high and getting investor attention in 2025. With no central leadership or roadmap, PEPE benefits from strong meme branding and whale interest.
These 5 meme coins, BONK, SHIB, LILPEPE, DOGE, and PEPE, will define the 2025 meme market. While BONK and SHIB are giants, Little Pepe stands out as the only meme coin with its own Layer 2 blockchain and blends meme appeal with real use cases.
For More Details About Little PEPE, Visit The Below Link:
Website: https://littlepepe.com
The post Explosive Meme Coins to Keep an Eye On in 2025: Bonk (BONK), Shiba Inu (SHIB), and 3 More Hot Picks appeared first on Coinpedia Fintech News
Meme coins are entering a new phase in 2025 fueled not just by community hype but by real utility and blockchain infrastructure. Bonk (BONK) and Shiba Inu (SHIB) remain at the forefront, but a new generation of meme tokens is emerging. Little Pepe ($LILPEPE), Dogecoin (DOGE), and Pepe (PEPE) are drawing attention for their strong …
The post DOGE Gains Support from Interactive Brokers, But Will That Be Enough to Compete With This New Potential $1 Altcoin? appeared first on Coinpedia Fintech News
Dogecoin (DOGE) has been making headlines recently with the exciting news that Interactive Brokers, a major institutional platform, is adding support for the popular memecoin. This development signals growing acceptance and a new wave of potential investment from serious market players. However, while DOGE’s institutional backing is an important milestone, there is a rising competitor in the altcoin arena that deserves attention — Mutuum Finance (MUTM). With its innovative dual lending model and upcoming beta launch, MUTM is positioning itself as a groundbreaking altcoin with the potential to surpass the $1 mark, offering a more advanced and versatile approach to decentralized finance.
Dogecoin (DOGE) surged 10.37% to ~$0.143, driven by Interactive Brokers’ addition of DOGE to its trading platform, alongside Solana, Cardano, and XRP, per CoinMarketCap. This expansion, facilitated by Zero Hash LLC, doubles IBKR’s crypto offerings, enabling 24/7 trading with low commissions of 0.12%–0.18% and no added spreads, per BusinessWire. The move enhances DOGE’s accessibility, boosting its $20.5 billion market cap.
Technical indicators show DOGE above the 50-day SMA ($0.135), with RSI at 62, signaling bullish momentum. Support holds at $0.14, with resistance at $0.16. Posts on X highlight optimism, citing Elon Musk’s DOGE advocacy and Trump’s Department of Government Efficiency (DOGE) initiative. However, a $1.2 million whale sell-off and macro pressures like U.S. tariffs pose risks. A breakout above $0.155 could target $0.20.
Mutuum Finance (MUTM) will build a lending ecosystem that appeals to a broad spectrum of crypto users through its unique dual lending system. On one hand, the Peer-to-Contract (P2C) lending pool will provide a secure and stable environment by allowing users to borrow against high-quality collateral such as Bitcoin (BTC) and Binance Coin (BNB). These loans will offer attractive and steady yields, creating a predictable income stream for lenders who prefer lower risk and solid returns. This segment of the platform will cater to users who value stability and long-term growth.
On the other hand, Mutuum Finance (MUTM)’s Peer-to-Peer (P2P) lending model will target the more adventurous investors who want to engage with high-risk, high-reward assets. This model will enable customized loans directly negotiated between participants, especially for memecoins like DOGE and SHIB. By facilitating flexible loan terms tailored to individual risk appetites, the P2P market will encourage rapid growth and broaden the platform’s user base. This dual structure will give MUTM an edge over tokens that focus on just one lending style, creating a diverse ecosystem that can scale across various market conditions.
Currently, Mutuum Finance (MUTM) is advancing through Phase 6 of its presale, with the token priced at $0.035. The presale has successfully raised $14.25 million, and 15% of the total tokens have already been sold to a growing community of over 15,000 holders. This strong foundation reflects increasing investor confidence. Mutuum Finance (MUTM) also stands out for its security credentials, boasting a thorough CertiK audit with an impressive score of 95 and a Skynet rating of 78, assuring users of the platform’s robust and secure smart contracts. The project’s social media presence is also gaining momentum, with more than 12,000 followers on Twitter actively engaging with updates and developments.
A critical upcoming milestone for Mutuum Finance (MUTM) is the implementation of Layer-2 technology. This upgrade will drastically reduce transaction fees while boosting throughput, making the platform far more efficient and accessible for everyday users. Layer-2’s scaling solutions are expected to attract a surge of activity, reducing the friction that often slows down DeFi projects. Alongside this, the beta launch will provide users the chance to test the platform’s lending and borrowing features firsthand. This real-time interaction will demonstrate MUTM’s utility and strengthen community trust before the token hits the major exchanges.
Speaking of exchanges, Mutuum Finance (MUTM) is preparing for listings on several top-tier platforms such as Binance and Coinbase. These listings will enhance liquidity and expand MUTM’s reach to a broader market, further fueling adoption. The roadmap also includes the launch of a decentralized stablecoin, a major development that will add significant value and usability to the MUTM ecosystem. Each of these steps is meticulously planned to ensure that Mutuum Finance (MUTM) continues to deliver on its promise of innovation and growth.
Consider the case of an investor who transitioned from DOGE to Mutuum Finance (MUTM) during Phase 2 of the presale at $0.015 per token. This investor now holds over 130% gains as MUTM approaches $0.035. Market analysts are projecting that, as platform utility expands post-listing, the token’s price will increase by 30X, making it a standout investment in the altcoin sector. The combination of sound fundamentals, strong community support, and clear growth milestones makes MUTM an appealing choice for investors seeking both security and upside potential.
With 15% of Phase 6 tokens already sold, the token price is scheduled to increase by 15% to $0.040 in the next phase. This creates a compelling urgency for new investors who want to secure their positions before the price momentum accelerates further. Given the platform’s strong technical foundation, growing user base, and imminent exchange listings, Mutuum Finance (MUTM) is emerging as a powerful contender in the altcoin market — a project well worth watching alongside the likes of DOGE as the crypto landscape evolves.
For more information about Mutuum Finance (MUTM) visit the links below:
The post DOGE Gains Support from Interactive Brokers, But Will That Be Enough to Compete With This New Potential $1 Altcoin? appeared first on Coinpedia Fintech News
Dogecoin (DOGE) has been making headlines recently with the exciting news that Interactive Brokers, a major institutional platform, is adding support for the popular memecoin. This development signals growing acceptance and a new wave of potential investment from serious market players. However, while DOGE’s institutional backing is an important milestone, there is a rising competitor …
The post SEC’s Crypto Task Force to Host a Series of Roundtables with Small Firms appeared first on Coinpedia Fintech News
The United States Securities and Exchange Commission (SEC) has announced a countrywide initiative to meet with more crypto stakeholders. The SEC announced on Monday that its Crypto Task Force, led by Commissioner Hester Peirce, will host a series of roundtables, with small firms in different cities.
According to the announcement, the SEC’s Crypto Task Force will collect views from small firms that did not get a chance in prior initiatives dominated by huge Web3 projects. Furthermore, the SEC’s Crypto Task Force will be meeting with representatives from crypto-related projects with at most 10 employees and those that are less than two years old in the market.
“The Crypto Task Force is acutely aware that any regulatory framework will have far-reaching effects, and we want to ensure that our outreach is as comprehensive as possible,” Commissioner Peirce, noted.
The SEC’s Crypto Task Force will be meeting with different small crypto stakeholders in addition to written inputs. On August 4, Commissioner Hester will lead the Crypto Task Force at Berkeley, California.
On August 19, the Crypto Task Force will be conducting a roundtable in Boston. The SEC’s Crypto Task Force will be in Dallas, Chicago, and New York on September 4th, 15th, and 25th respectively.
On October 3, 2025, the SEC’s Crypto Task Force will conduct its roundtables in Irvine, California. Later on October 24th and 29th, the agency will conduct its meeting in Cleveland, and Scottsdale, Arizona respectively
On November 12 and December 5th, the SEC’s Crypto Task Force will conduct its roundtables in New York and Ann Arbor, Michigan respectively.
The U.S. The SEC under President Donald Trump’s administration has made deliberate initiatives to enable mainstream adoption of digital assets. Last week, the agency filed a joint motion with Ripple Labs to end a four-year lawsuit.
Late last month, SEC Chair Paul Atkins announced the launch of ‘Project Crypto’ to modernize securities regulations and integrate blockchain technology into American financial markets. The agency has in the recent past engaged fund managers seeking to offer spot crypto ETFs, thus signaling an ETF summer soon.
The post SEC’s Crypto Task Force to Host a Series of Roundtables with Small Firms appeared first on Coinpedia Fintech News
The United States Securities and Exchange Commission (SEC) has announced a countrywide initiative to meet with more crypto stakeholders. The SEC announced on Monday that its Crypto Task Force, led by Commissioner Hester Peirce, will host a series of roundtables, with small firms in different cities. According to the announcement, the SEC’s Crypto Task Force …
The post Paxos Pursues National Trust Charter to Obtain Federal Oversight appeared first on Coinpedia Fintech News
Paxos, an established real-world assets (RWA) tokenization company, has announced plans to broaden its market share. The company announced that it applied to convert its charter under the New York Department of Financial Services (NYDFS) into a national charter.
Paxos filed for a national charter with the Office of the Comptroller of the Currency (OCC). Once approved, Paxos will end its NYDFS chatter obtained in 2015 and enhance its standard for safety and transparency under federal oversight.
“By applying for a national trust bank charter, we are continuing to offer enterprise partners and consumers the safest, most trusted infrastructure available. This is rooted in our belief in the transformative power of blockchain as a force for financial freedom. OCC oversight will help build on our historic commitment to maintaining the highest standards of safety and transparency,” Charles Cascarilla, CEO and co-founder of Paxos, noted.
Paxos has grown over the years in tandem with the mainstream adoption of stablecoins and digital assets. In addition to regulatory compliance in the United States, Paxos is regulated in Europe via the FIN-FSA, in Singapore via the MAS, and in Abu Dhabi through the FDRA.
The company has partnered with several firms to issue their respective stablecoins led by PayPal USD (PYUSD), Pax Dollar (USDP), and Global Dollar (USDG). Paxos anticipates to grow its portfolio of stablecoins through competitive yield bearing on different chains led by Solana (SOL).
The stablecoins market is well-primed to grow exponentially in the coming years fueled by the clear regulatory frameworks in the United States. For instance, more traditional financial institutions have ventured into the stablecoins market following the enactment of the GENIUS Act by President Donald Trump.
The post Paxos Pursues National Trust Charter to Obtain Federal Oversight appeared first on Coinpedia Fintech News
Paxos, an established real-world assets (RWA) tokenization company, has announced plans to broaden its market share. The company announced that it applied to convert its charter under the New York Department of Financial Services (NYDFS) into a national charter. Paxos filed for a national charter with the Office of the Comptroller of the Currency (OCC). …
The post Uniswap Foundation Proposes Wyoming-based Legal Entity Dubbed DUNI: UNI Price Up 2% Today appeared first on Coinpedia Fintech News
The Uniswap Foundation, a well-funded nonprofit organization focused on growing and decentralizing the Uniswap protocol, has announced a new legal proposal. According to the proposal, the Uniswap Governance will adopt a Wyoming-registered Decentralized Unincorporated Nonprofit Association (DUNA) as the legal structure.
The new legal entity dubbed DUNI will enable the Uniswap Protocol to retain its decentralized governance and still achieve legal clarity. Furthermore, mainstream adoption of decentralized financial (DeFi) in the past year has been catalyzed by clear regulatory frameworks in the United States among other major jurisdictions.
“Establishing Uniswap Governance as a DUNA would bolster critical limited liability protections for governance participants. This step is intended to protect governance participants from potential personal exposure to possible legal or tax liabilities stemming from the collective action taken by Uniswap Governance,” the announcement highlighted.
The proposal for a legal entity to enhance the Uniswap Governance will ultimately impact the Uniswap protocol including the UNI token. Furthermore, the proposal highlighted that $16.5 million worth of UNI will be transferred to a DUNI-owned wallet to facilitate its legal defense and tax compliance budget.
Wyoming Senator Cynthia Lummis welcomed the Uniswap protocol and commended the state legislature for setting up clear crypto regulations.
Following the announcement, UNI price gained around 2 percent in the past 24 hours to trade at about $11.17 on Monday during the late North American session. The mid-cap altcoin, with a fully diluted valuation of about $11 billion, has since gained over 14 percent in the past seven days after a confirmed rebound from the 50 and 200-weekly Moving Averages (MA).
From a technical analysis standpoint, UNI price is well-positioned to rally at least 100 percent in the coming weeks. Moreover, the UNI/USD pair in the daily timeframe has formed an inverted head and shoulders (H&S) pattern, which has a midterm target of around $20.
The post Uniswap Foundation Proposes Wyoming-based Legal Entity Dubbed DUNI: UNI Price Up 2% Today appeared first on Coinpedia Fintech News
The Uniswap Foundation, a well-funded nonprofit organization focused on growing and decentralizing the Uniswap protocol, has announced a new legal proposal. According to the proposal, the Uniswap Governance will adopt a Wyoming-registered Decentralized Unincorporated Nonprofit Association (DUNA) as the legal structure. The new legal entity dubbed DUNI will enable the Uniswap Protocol to retain its …
The July US Consumer Price Index (CPI) report will be released on August 12, and the crypto market is already showing signs of positioning ahead of this key economic event.
On-chain data show that crypto whales have been strategically buying some altcoins in the lead-up to the release. Chainlink (LINK), Cardano (ADA), and the meme-based token PEPE are some of the top assets attracting whale activity.
LINK, the native token of leading oracle network provider Chainlink, is witnessing a surge in whale demand ahead of the US CPI Release
According to Nansen data, wallet addresses holding more than $1 million worth of LINK have increased their holdings by 11% over the past seven days.
This uptick in accumulation and improving sentiment in the broader crypto market has propelled LINK’s price more than 30% higher in the past week. This indicates renewed investor confidence and bullish momentum around the asset.
If the rally persists, LINLK’s price could extend its gains toward $25.55.
On the other hand, if demand stalls, LINK could reverse its uptrend and fall to $19.51.
Layer-1 (L1) coin ADA is another asset that large investors are buying ahead of tomorrow’s US CPI release. According to Santiment, whale addresses holding between 100 million and 1 billion coins have collectively accumulated 190 million ADA in the past seven days.
This surge in whale buying appears to have energized retail traders as well, helping push ADA’s price to a 14-day high of $0.82 at press time.
If the rally continues, ADA could climb above $0.84 and potentially attempt to cross the $0.92 resistance level.
However, if demand weakens, the price may retrace to around $0.76.
The Solana-based frog-themed meme coin PEPE has also enjoyed some attention from crypto whales over the past week.
During that period, holders of tokens worth more than $1 million have increased their PEPE investments by 2%. As of this writing, this cohort of investors holds 9.01 trillion tokens.
PEPE trades at $0.00001207 at press time, up 17% in the past seven days. With growing bullish momentum across the crypto market, the meme coin could maintain its rally if whale demand holds.
In this scenario, PEPE could trade at $0.00001315.
Converesly, if buying activity decreases, PEPE risks plunging to $0.000001070.
The post What Crypto Whales Are Buying Ahead of US CPI Release appeared first on BeInCrypto.
Blue Origin, Jeff Bezos’ private spaceflight company, will now accept payments in Bitcoin and other leading cryptoassets. Eligible tokens include ETH, SOL, USDT, and USDC.
Justin Sun, founder of Tron, used one of the company’s flights to space earlier this month. Blue Origin is making inroads with the crypto industry, potentially capturing imaginations worldwide.
Space travel has often fascinated people in the crypto scene; crypto firms have contributed to space communications research, multiple companies have funded satellites with token sales, and Elon Musk even owns a spaceflight company.
Today, Jeff Bezos’ Blue Origin is deepening these worlds’ intersection by allowing Bitcoin payments for spaceflights:
“Starting today and powered by Shift4’s seamless payments technology, consumers can pay with popular cryptocurrencies and stablecoins like Bitcoin, Ethereum, Solana, USDT and USDC for trips to space aboard Blue Origin’s New Shepard. Customers will also have the option to connect popular wallets like Coinbase and MetaMask,” Blue Origin claimed.
Blue Origin, founded by Jeff Bezos in 2000, has already had a few notable intersections with the crypto industry. Earlier this month, Tron founder Justin Sun completed a trip beyond the Kármán line after securing passage in 2021.
The last crypto executive to fly to space used SpaceX’s rockets, so this event increased Bezos’ firm’s notoriety.
Shift4, Blue Origin’s partner in this enterprise, has a history of facilitating crypto transactions. It acquired The Giving Block in 2022 and partnered with Chainlink and Mastercard to increase cardholders’ Web3 access this June.
With its support, international travelers can immediately book spaceflights on any day or time.
Ultimately, this does seem more like a gimmick than a true use case. Blue Origin flights cost around $28 million, and TradFI institutions have plenty of ways to make transactions as convenient as possible.
Blockchain-based payment solutions won’t necessarily add significant ease of use for travelers.
However, even assessed as a publicity stunt, it’s a pretty noteworthy one. The crypto industry has long promised technological solutions to seemingly intractable human problems, and space travel naturally shares this vision.
Thanks to Blue Origin, Bitcoin and other cryptoassets might get a chance to emphasize that connection.
The post Bitcoin Enters Space Tourism With Jeff Bezos appeared first on BeInCrypto.
Call it an overturn, or even an upending. But most people refer to the concept of Ethereum’s market capitalization overtaking Bitcoin as “the flippening”.
The question is, with ETH surging over $4,300 and fast approaching its all-time high of $4,878, could the flippening actually happen?
Ethereum’s current market cap is around $500 billion, while Bitcoin is almost five times that, at $2.3 trillion. Despite this, bullishness abounds from people like Ethereum co-founder Joe Lubin these days.
“I think we’ll see some astonishing things in the next year or so,” Lubin said on CNBC, regarding the possibility of a flippening of ETH over BTC.
Lubin cited the growth of publicly traded crypto treasury companies as one catalyst for this potential move in his July 30 CNBC interview. Lubin’s SharpLink Gaming (NASDAQ: SBET) treasury play currently holds 521,939 ETH, worth more than $2 billion as of press time.
Many fund managers and investment professionals aren’t so sure, however.
“As far as the ‘flippening’, we just don’t think it will happen,” said Jeff Embry, managing partner of crypto fund Globe 3 Capital. “ETH has too high a hill to climb to surpass BTC and the drivers of what creates value for both should keep BTC in the lead.”
Many look to the ETH/BTC trading pair for some historical insight.
In the 2017 bull run, the ETH/BTC ratio was around 0.1475 BTC per ETH. This means ETH was worth about 14.75% of BTC’s price at its peak of the ratio.
ETH/BTC is currently at 0.03532 BTC per ETH—only 3.6% of BTC’s price. However, there is likely room for that ratio to trend up, which will likely amplify the noise of any potential flippening in the future.
“The spread ETH-BTC is now being aggressively bought since its lows in April 2025 and I believe it has some more room to go,” said Jean-Marc Bonnefous, managing partner of crypto-focused Tellurian Capital. “This recovery has been magnified by the fact that a number of hedge funds were short the ETH-BTC spread and had to stop out of that position ahead of the large buying from new ETH treasury companies.”
Ethereum treasury companies such as Tom Lee’s Bitmine Immersion Technologies (NASDAQ: BMNR), the #1 publicly traded ETH holding company with 833,133 ETH worth $3.5B at press time, are fueling this appreciation.
Lee recently predicted a $16,000 price point for ETH, which could bring the asset closer to its 2017 record price ratio with Bitcoin.
Yet some of the fundamental aspects of the technology behind ETH that piques Wall Street interest might not be enough to go higher than BTC’s price.
“We would need a massively bullish case for RWAs and tokenised treasuries over the next five years plus AI, gaming, sovereign infrastructures, all running on Ethereum,” noted Chris Thomas, of multi-partner crypto advisory Lake Capital. “But even on those numbers we may only see a $30,000-$50,000 ETH price… and at that point, we could argue that Bitcoin will be up another 7-10x.”
It’s important to keep in mind that as ETH’s price is rising, it’s very possible that Bitcoin will continue a run upwards as well. Ether’s supply dynamics are different from those of Bitcoin’s renowned fixed supply.
“In terms of price per ETH, it is unlikely to pass the price per Bitcoin,” said Steve Chen, founder of blockchain startup accelerator BAIK Ventures. “Bitcoin’s total supply is capped at 21 million. ETH does not have a hard cap of total supply, there is some burning, but the outstanding amount of ETH is a huge number.”
According to CoinGecko, the current outstanding supply of ETH is 120 million tokens. Unlike Bitcoin’s 21 million fixed circulation, Ethereum has no hard cap on its supply.
Instead, the Ethereum network burns transaction fees, known as gas, in its proof-of-stake consensus mechanism. Bitcoin fees, on the other hand, are rewarded to proof-of-work miners.
Also, the roles and purposes of BTC and ETH are clearly different, so providing an apples-to-apples comparison between the two very disparate networks is difficult.
That being said, expect the BTC vs. ETH narrative and price wars to keep heating up. Both will continue to be in high demand as crypto regulatory winds have shifted more favorably in 2025.
“BTC has the first mover advantage and remains the primary digital gold asset,” added Tellurian Capital’s Bonnefous. “Although I expect quite a bit more of a catch-up for ether which had been oversold these last few months.”
The post Could Ethereum Ever “Flip” Bitcoin? Here’s What Crypto Leaders Think appeared first on BeInCrypto.
The crypto market has been showing signs of strength lately, and Dogecoin hasn’t been left out. The meme coin has jumped more than 16% in the past week, but over the last day, it’s been moving sideways.
Some on-chain and chart signals suggest sellers could be gearing up to take profits, leading to a short-term pause or pullback. Whether DOGE can keep climbing or start slipping could all come down to one critical support level.
The percentage of addresses in profit for DOGE recently touched about 84%; the same level seen on July 27 before the price dropped from $0.24 to $0.19 in just a week. Historically, when too many holders are in profit, some tend to cash out.
Backing this up, exchange spot netflow has flipped from –$52 million on August 10 to +$2.7 million on August 11. More DOGE is moving into exchanges, often a sign that traders are preparing to sell.
For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
The Spent Output Profit Ratio (SOPR) shows whether coins are being sold at a profit or loss. A reading above 1.0 means holders are taking profits.
On August 10, DOGE’s SOPR climbed to 1.045, close to the levels seen in late July, which was followed by quick pullbacks. It’s a sign the market could be near another short-term cooling-off point. Plus, an increasing SOPR aligns with the sell-based narrative.
On the 4-hour chart, the DOGE price is hovering near $0.235, just under the falling trendline of a descending triangle pattern. This setup often leans bearish in shorter time frames, hinting at consolidation and not a breakdown.
The Fibonacci levels act as the base of the descending triangle, showing up as key support levels. Dogecoin price has broken past several levels aligned with the $0.23 mark. If $0.235 breaks, traders might have to watch for the following hints:
Breaking past $0.24 would invalidate the bearish triangle and keep the bullish momentum ongoing. For now, $0.22 is the line in the sand that could decide if DOGE keeps rallying or sees more red candles.
The post Dogecoin Price Faces Profit-Taking Risk—One Key Level Could Decide Its Next Move appeared first on BeInCrypto.
