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The post Crypto Traders Are Dumping Memecoins Like PEPE and DOGE For BinoFi (BINO) at $0.02 appeared first on Coinpedia Fintech News

Memecoins like Dogecoin (DOGE) and Pepe (PEPE) have long been the darlings of meme-loving investors, bringing humor and light-heartedness to the often serious world of crypto. But trends don’t last forever, and a turning point seems to be emerging. 

Increasingly, traders are stepping away from these meme-centric coins and turning their attention to BinoFi (BINO). Offered at just $0.02, this token is offering something significantly more than memes—it’s delivering innovative tools, revolutionary features, and real potential for growth.

What’s driving this shift? And why are traders betting on a project like BinoFi instead of sticking with their favored memes?

The Appeal of Memecoins is Fading

Memecoins have always operated on a simple principle: hype. Dogecoin’s rise to fame, backed by social media frenzy and mentions from high-profile figures, showcased how far memes can carry a coin.

Pepe followed a similar trajectory, promising nothing more than amusement and speculative gains. For a while, it worked. People traded these coins with the hope that a tweet or viral moment would skyrocket their value.

But memecoins are beginning to show their flaws. Their reliance on fleeting hype leaves them vulnerable to drastic price swings, a nightmare for traders seeking a semblance of stability. Add to that their lack of utility, most memecoins provide little to no functional value and it’s clear why some traders are looking for alternatives.

PEPE, for example, saw explosive early growth, but without any real-world application or technological backbone, sustaining that momentum has proven nearly impossible. Similarly, while DOGE enjoys occasional spikes thanks to endorsements or nostalgia, its novelty has worn thin for those prioritizing purpose over gimmick.

After all, hype may bring initial profits, but long-term sustainability and innovative features are what keep traders loyal. Memecoins don’t deliver on that front and BinoFi is stepping in to prove why it’s different.

Why Traders Are Turning to BinoFi

While memecoins rely on momentary trends, BinoFi is rooted in solving actual problems that traders face in the crypto world. Its hybrid exchange model, which bridges the divide between centralized and decentralized exchanges, is just one of the reasons traders are sitting up and taking notice.

BinoFi turns what can feel like an overwhelming, fragmented trading experience into something smooth and efficient. By merging centralized exchange order books with decentralized liquidity pools, it ensures deep liquidity and faster transactions without forcing traders to compromise.

No one in the market is offering this hybrid model quite like BinoFi.

Even more exciting is its focus on cross-chain trading. Traditionally, moving funds between different blockchains has been a boring and complex process involving bridges, tools that often come with significant risk.

BinoFi eliminates this hassle entirely through its cross-chain trading capabilities, which allow for direct swaps across multiple blockchains in one step. Less time wasted, fewer complications, and safer transactions, these are the kinds of features traders are looking for.

Security is another major factor. Unlike memecoins, which aren’t exactly known for innovative development or advanced security, BinoFi is putting control into the hands of its users with Multi-Party Computation (MPC) wallets.

The Value of Getting in Early

The BinoFi presale is quickly capturing the spotlight in the crypto space, offering a golden opportunity for forward-thinking investors to get in. With the token priced at an attractive $0.02 in its current presale phase, early participants are positioning themselves ahead of a project set to revolutionize the trading industry.

Those participating in early phases not only secure an exceptional entry point but also stand to benefit from some exclusive perks. These include reduced trading fees, priority access to staking rewards, and even early involvement in shaping the platform’s governance, a unique chance to influence the future of such a project.

The potential for significant returns bolsters the word once BINO hits the mainstream market. Analysts are already projecting enormous growth, with estimates suggesting a staggering 9900% increase for those capitalizing on the presale’s discounted entry point.

The listing price after the presale ends is $0,30 per token so even in case predictions don’t work, early supporters benefit from at least a massive 1200% growth of their investment.

For crypto enthusiasts who recognize the power of early investments, the BinoFi presale is a huge opportunity. With the first phase filling up fast and excitement building across the community, now is the time to act and become part of what could be the next major success story in crypto.

The Future is Looking to Utility, Not Memes

While memecoins like DOGE and PEPE will always have their place as lighthearted pieces of crypto culture, their lack of utility makes them hard to justify as long-term investments.

The days of investing in coins for memes alone seem to be waning. Traders are increasingly choosing projects like BinoFi that promise not just short-term gains, but lasting impact.

Website: https://binofi.com

Whitepaper: https://whitepaper.binofi.com

Telegram: https://t.me/binofilabs

Twitter: https://x.com/Binoficom 

CoinMarketCap: https://coinmarketcap.com/currencies/binofi/ 

The post Crypto Traders Are Dumping Memecoins Like PEPE and DOGE For BinoFi (BINO) at $0.02 appeared first on Coinpedia Fintech News
Memecoins like Dogecoin (DOGE) and Pepe (PEPE) have long been the darlings of meme-loving investors, bringing humor and light-heartedness to the often serious world of crypto. But trends don’t last forever, and a turning point seems to be emerging.  Increasingly, traders are stepping away from these meme-centric coins and turning their attention to BinoFi (BINO). …

Coinbase CEO Brian Armstrong has announced plans to hire 1,000 employees in the United States in 2025, attributing the decision to recent regulatory advancements under President Donald Trump’s administration. Armstrong made the statement following the White House Crypto Summit, where he and other industry leaders met with government officials to discuss crypto regulation policies.

Coinbase CEO Brian Armstrong Announces 1,000 New U.S. Jobs

After attending the White House Crypto Summit, Coinbase CEO Brian Armstrong took to X (formerly Twitter) to reveal the company’s hiring plans. He stated that the regulatory landscape in the U.S. is improving, allowing the company to expand its workforce.

Armstrong credited the shift to President Trump’s leadership and the administration’s efforts to establish clear guidelines for crypto regulation. He emphasized that this new clarity is enabling businesses like Coinbase to strengthen their presence in the U.S. market.

Coinbase CEO added, 

“Historic day at the Whitehouse Digital Asset Summit. Thanks to Trump’s leadership, along with David Sacks, the U.S. now has a Strategic Bitcoin Reserve and emerging regulatory clarity. This is directly translating to economic growth in the U.S. For instance, Coinbase plans to hire about 1,000 employees in the U.S. this year as a result of this renewed growth.

During the White House crypto summit, Donald Trump announced plans to end Operation Chokepoint 2.0, signaling a shift toward a more supportive regulatory environment. Additionally, Trump emphasized the urgency of stablecoin legislation, aiming to establish clear regulatory guidelines before Congress adjourns for summer.

Regulatory Clarity Boosts Crypto Industry Growth

The White House Crypto Summit brought together government officials, industry leaders, and regulatory bodies to discuss the future of digital assets. The event marked a shift in the U.S. government’s stance toward the crypto industry, with an emphasis on fostering innovation.

One of the major developments discussed was the U.S. government’s decision to create a Strategic Bitcoin Reserve. Armstrong expressed his support for the initiative, stating that the U.S. government holding Bitcoin signals its recognition as a key financial asset.

A major factor influencing Coinbase CEO Brian Armstrong’s hiring announcement was the US SEC decision to drop its enforcement action against the company. With the case no longer proceeding, crypto businesses now look to Congress for regulatory clarity. Armstrong stated that this development allows Coinbase to focus on business expansion rather than ongoing legal battles.

Donald Trump Administration’s Crypto Policy

Donald Trump administration has positioned itself as an advocate for the crypto industry, with officials expressing their commitment to making the U.S. a leader in digital assets. Bo Hines, the executive director of the President’s Working Group on Digital Assets, reaffirmed the administration’s goal of establishing the U.S. as the global center for crypto innovation.

Hines stated that government agencies, including the Treasury and Commerce departments, are exploring ways to invest in Bitcoin without increasing the financial burden on taxpayers. Industry leaders, including Coinbase CEO Brian Armstrong, welcomed these policy changes.

Meanwhile, VanEck has shared budget-neutral strategies in which the U.S. government could expand its Bitcoin Reserve without taxpayer funding. 

The post Coinbase CEO Reveals Plans to Hire 1000 Employees as US Gains Crypto Clarity appeared first on CoinGape.

Ripple (XRP) price momentum has stalled below the $3 threshold after a volatile trading this week driven by conflicting market catalysts. While Trump’s proposal to include XRP in a U.S. strategic crypto reserve initially ignited a price rally, macroeconomic headwinds and skepticism from key financial institutions have cut gains in half

XRP Bulls Struggle to Hold Gains Amid Conflicting Catalysts

XRP price grazed the $3 mark on Monday as rallying 40% after Trump included XRP in the Crypto strategic reserver assets last weekend. However, traders digested multiple market-moving developments this week, those gains have been halved.

Trump’s push to establish a cryptocurrency strategic reserve, with XRP included alongside Bitcoin and Ethereum, Solana, and Cardano generated strong initial momentum at the start of the week. Further optimism came from the easing of tariffs imposed on Mexico and Canada, boosting broader market sentiment.

However, XRP bulls faced resistance as macroeconomic uncertainties dampened risk appetite. The latest U.S. Non-Farm Payroll (NFP) report revealed rising unemployment, fueling concerns about persistent inflation and a potentially more hawkish Federal Reserve. As a result, profit-taking emerged near the $3 mark, halting the upside breakout and forcing consolidation around $2.40.

The rejection at $3 suggests traders remain wary of overextending bullish positions amid policy uncertainty. Liquidity remains a key factor, with leveraged long positions likely facing liquidations if XRP fails to hold critical support levels.

JPMorgan Director Casts Doubt on Strategic Crypto Reserve Approval for Ripple

At press time on March 8, Ripple price was trading at $2.40, with a market capitalization of approximately $140 billion. Bull traders anticipate that a break above $3 could push XRP’s market cap toward $200 billion, especially if U.S. Treasury actions align with Trump’s strategic reserve proposal.

However, JPMorgan’s latest report has thrown cold water on Ripple’s ambitious valuation target, highlighting significant hurdles in gaining congressional approval for a U.S. strategic crypto reserve. According to Nikolaos Panigirtzoglou, managing director of global market strategy at JPMorgan, the probability of such a reserve materializing remains below 50%.

“We don’t believe an approval of a U.S. strategic crypto reserve is the most likely scenario (assuming congressional approval would be needed). So the chance is less than 50% in our mind. And if a U.S. strategic crypto reserve is eventually approved, it would be difficult to include smaller tokens outside Bitcoin and Ethereum, as the inclusion of such tokens would raise more concerns about risk and volatility”

– Nikolaos Panigirtzoglou, Maanaging director of global market strategy at JPMorgan

The report further noted that similar state-level Bitcoin reserve proposals have recently failed in Montana, North Dakota, South Dakota, and Wyoming due to concerns over volatility and regulatory hurdles.

Skepticsm around approval of Trump’s crypto strategic reserve plan added to the bearish sentiment keeping XRP price below the $2.50 mark on the daily candle. As traders await further clarity, XRP’s technical structure suggests a pivotal battle ahead.

XRP Price Forecast: Bulls Eye $3, But Rejection Looms Amid Profit-Taking

XRP price is showing early signs of bullish exhaustion after failing to hold above $2.60, suggesting a potential retest of lower support levels. The 12-hour chart highlights a clear rejection near $2.99, coinciding with the upper Donchian Channel boundary, signaling strong resistance. Despite the recent breakout, the inability to sustain momentum above this zone raises the likelihood of profit-taking, particularly with the latest 5.84% decline.

The MACD histogram, while still in positive territory, has begun fading, hinting at waning bullish momentum. The MACD line remains above the signal line, supporting a bullish case, but the narrowing gap suggests that if selling pressure persists, bears could regain control. Key support is forming near $2.47, aligned with the midline of the Donchian Channel. A decisive break below this level would expose $2.39, a critical pivot where bulls must step in to prevent a slide toward $1.95.

Conversely, if XRP price holds above $2.47 and volume picks up, a renewed push toward $2.99 is likely, with $3.20 as the next bullish target. Leverage traders appear active, making sharp wicks and liquidity hunts a key risk in both directions.

The post XRP Price Forecast: JP Morgan Director Faults Ripple’s $200B Valuation Target appeared first on CoinGape.

The crypto market today continues to spark investor uncertainty, showcasing riveting movements. Bitcoin (BTC) price stagnates around $85K as the week comes to an end, whereas altcoins mimic a volatile trajectory. Even meme coins hovered into the red zone on Saturday. However, Ethena defied the broader market trend and pumped remarkably.

Crypto Market Today: BTC, ETH, SOL, & XRP Face Turbulence

The global crypto market lost nearly 1%, as indicated by a diminishing market cap of $2.82 trillion. Further, the global trading volume was also down by 9.5%, signaling investor insecurity.

BTC and altcoins tanked considerably over the day, igniting market concerns despite the recent U.S. Bitcoin reserve and crypto stockpile announcement. Moreover, despite President Donald Trump conducting a crypto summit recently, the market has yet to pump

BTC Wanes To $85K

BTC price witnessed a 1.5% decline in the past 24 hours and exchanged hands at $85,939. The flagship coin bottomed and peaked at $85,247 and $91,070 intraday. Bitcoin’s dipping action aligns with $298.7 million liquidated in the BTC market over the past day, per Coinglass data. Also, the flagship crypto’s market dominance fell by 0.08% to 60.27% today, indicating altcoins are relatively in relief.

ETH Price Slips Marginally

ETH price witnessed a slight dip of 0.5% in the past 24 hours and closed in at $2,1147. The coin hit a low and a peak of $2,107.73 and $2,254.23 intraday. Ethereum’s dip falls in line with $57.14 million liquidated in the past 24 hours. Also, ETH’s dominance remained at 9.1% today.

XRP Price Loses 5%

XRP price witnessed a 5% decline in value and exchanged hands at $2.36. Ripple’s coin bottomed and peaked at $2.33 and $2.56 in the past 24 hours. Notably, Coinglass data indicated that XRP recorded $18.96 million worth of liquidations over the day. Meanwhile, Ripple whales moved 180 million coins, sparking speculation among market participants.

SOL Price Slips 1%

As of press time, SOL price witnessed a 1% decline and exchanged hands at $140.24. The coin bottomed and peaked at $137.87 and $150.02 in the past 24 hours. Solana’s slight dip aligns with $18.02 million worth of liquidations over the past day.

Meme Crypto Market Enters The Red Zone

Dogecoin (DOGE) price cracked marginally intraday and exchanged hands at $0.1982. Shiba Inu (SHIB) price followed, losing 1% and resting at $0.00001306. Nevertheless, Pepe Coin (PEPE) price witnessed a 3% uptick to reach $0.000006931, defying the broader market trend.

Top Gainers In The Crypto Market Today

Ethena (ENA)

Price: $0.4388
24-Hour Gains: +17%

Litecoin (LTC)

Price: $106.15
24-Hour Gains: +5%

Decentraland (MANA)

Price: $0.2921
24-Hour Gains: +5%

Top Losers In The Crypto Market Today

Kaspa (KAS)

Price: $0.06757
24-Hour Loss: -8%

Quant (QNT)

Price: $76.82
24-Hour Loss: -7%

Jito (JTO)

Price: $2.48
24-Hour Loss: -7%

In conclusion, the crypto market has kept investors on their toes despite pro-cryptocurrency advancements in the U.S. A crypto summit, crypto stockpile, and strategic Bitcoin reserve have failed to uplift the market momentum.

The post Crypto Market Today (Mar 8): BTC At $85K, Altcoins Show Volatility, & ENA Jumps 17% appeared first on CoinGape.

The ongoing Ripple vs. SEC lawsuit may conclude without any changes to the $125 million judgment against Ripple, according to attorney Fred Rispoli.

The legal expert suggested that the Securities and Exchange Commission (SEC) might be waiting for new leadership before making a final decision. This has led to discussions about whether Ripple could negotiate a reduced penalty or alternative settlement.

Ripple vs. SEC Lawsuit Could End with $125M Judgment

The US SEC, currently led by a 2-1 pro-crypto commission under acting Chair Mark Uyeda, has not dropped its case against Ripple, despite withdrawing other cryptocurrency-related lawsuits. Legal analysts Fred Rispoli in an X post believes the agency is waiting for new SEC Chair candidate Paul Atkins to take office before making further decisions on the case.

Fred Rispoli has argued that dropping the appeal while keeping the $125 million fine would save the SEC from further legal battles.

“The best satisfaction of this, if true, is that it nullifies the thousands of hours of work put in by SEC staff to get the $125M judgment,” Rispoli stated in a post on X.

The Ripple vs. SEC lawsuit remains one of the most complex legal battles in the cryptocurrency industry. While the SEC recently closed cases against Kraken, Coinbase, and ConsenSys, it has yet to take similar action against Ripple. Some legal experts believe the injunction on Ripple’s institutional sales of XRP may be a key factor in the delay.

Speculation Over XRP Payments and Strategic Reserves

There has been speculation that Ripple could settle the $125 million fine by transferring XRP instead of cash. Vincent Van Code, a market analyst, suggested that Ripple might be negotiating to pay the fine in XRP, which could then be allocated to a government-controlled cryptocurrency reserve.

According to Van Code, “Some are speculating that Ripple, rather than pay $125 million in dollars, provides the equivalent in XRP to the new crypto strategic reserve.” However, attorney Rispoli doubts that such an arrangement is likely, given the slow progress in legal proceedings.

Meanwhile, Ripple’s escrow holdings, which contain approximately 37.1 billion XRP, have been at the center of discussions regarding potential government acquisitions. Over the weekend, U.S. President Donald Trump confirmed that XRP would be part of the country’s digital asset reserve, fueling speculation that Ripple’s escrow could be involved in the legal negotiations.

XRP Sales Restrictions Remain a Key Issue

The Ripple vs. SEC lawsuit has focused on whether XRP should be classified as a security. In 2023, Judge Analisa Torres ruled that Ripple’s institutional sales of XRP were securities transactions, leading to the $125 million fine. Ripple has since been working to challenge the injunction that restricts certain sales of XRP to banks and payment processors.

According to legal experts, Ripple’s efforts to overturn the injunction could be a reason why the SEC has not yet dropped its case. Attorney Jeremy Hogan has suggested that Ripple may be engaging with the Second Circuit Court of Appeals to contest the ruling.

Meanwhile, Ripple Chief Technology Officer (CTO) David Schwartz has dismissed concerns about XRP inflation. Schwartz reaffirmed that XRP’s total supply cannot be increased under the XRP Ledger’s code.

“There is literally no function to create any more XRP. The code to do such a thing does not exist,” he stated.

As for the Ripple vs. SEC lawsuit, it is currently under review at the Second Circuit Court of Appeals. The SEC submitted its arguments to the court on January 15, 2025, and Ripple has until April 16 to file its response.

The post Ripple vs. SEC Lawsuit Could End with $125M Judgment Still in Place, Says Lawyer appeared first on CoinGape.