Shiba Inu (SHIB) price is mimicking historical patterns as two on-chain metrics signal the formation of a local bottom. The Market Value to Realized Value (MVRV) ratio is falling amid a spike in the age consumed. These metrics are flipping bullish after a steep decline in Shiba Inu price in the last seven days, as most meme coins struggle against a bearish market sentiment. Shiba Inu Price Today Amid 8% Crash Shiba Inu price has posted an 8% intraday loss today, May 31, as it fluctuates between a daily low of $0.0000123 and a daily high of $0.0000133. At press time, SHIB trades at $0.0000125 with $289 million in 24-hour trading volumes. Shiba Inu Price Today The declining Shiba Inu price coincides with the recent meme coin crash, as the entire meme token market cap shed $10 billion in value within a week. The sell-side pressure from long liquidations and… Read More at Coingape.com
5 March 2025, San Francisco – Taiko, the first based rollup scaling Ethereum, is bringing together the brightest minds in Ethereum to discuss based rollups, the next phase in Ethereum scaling.
During Eth San Francisco week, this event will feature major cryptocurrency and Ethereum speakers, including Vitalik Buterin, co-founder of Ethereum, Professor Dan Boneh, Stanford University Cryptography Pioneer, and Tomas Stańczak, CEO of Netheremind and Co-Director of the Etherem Foundation.
“We are proud to be hosting this inaugural event at such a pivotal moment for Ethereum. The network has grown and developed significantly since its inception, and we are now entering a new phase of development. Being permissionless is no longer an option but rather is central to Ethereum’s long-term success. Based rollups are at the forefront of making a usable, permissionless, and adaptable Ethereum possible. The Based Rollup Summit represents the first dedicated gathering of those pioneering minds taking Ethereum even further,” said Joaquin Mendes, COO of Taiko.
The speaker list is filled with innovators building in the based rollup and scalability space, including Near Protocol, Netheremind, Succinct, Espreso Systems, Spire, and Puffer.
Those attending will be able to get up to speed with the based rollup ecosystem and experience full access to the Exploratorium’s exhibits, placing based rollups in the larger context of technological development.
Attendees can also expect to talk and interact with founders, developers, investors, and visionaries shaping the future of Layer 2 solutions, cryptocurrencies, and artificial intelligence. Teams including a16z, Near, Succint, Bankless, Puffer, Lubin, Fabric, Espresso Systems, L2IV, SNZ Holdings, Hashed, and Stanford Blockchain.
”From developers to investors to founders to enthusiasts, the Based Rollup Summit is the opportunity to be part of a defining moment in the evolution of Ethereum scaling solutions,” said Mendes.
Dogecoin price dipped 1.2% on Sunday, April 20, as the community marked “DOGE Day” 2025 — the annual celebration of the beloved memecoin’s cultural rise. While previous editions sparked rallies and online hype, this year’s DOGE Day saw more cautious sentiment.
What Is DOGE Day?
DOGE Day, celebrated every April 20 (4/20), is a crypto event popularized by Dogecoin fans and traders.
It originally began as an internet movement to push DOGE to $1 in 2021 and has since evolved into a yearly event marked by online campaigns, memes, and speculative trading activity. For many, it’s a tribute to the memecoin’s origins and a symbol of community-driven growth in the crypto space.
With a market cap of $23.2 billion at press time, Dogecoin maintains its status as the world’s largest memecoin community. However, the DOGE day celebrations have ticked-off with a more subdued tone. On Sunday, DOGE price hovered around $0.159, down 1.2% on the day.
Dogecoin price action, April 20, 2025 | Source: Coingecko
This capped off a lackluster week that saw Dogecoin fail to break out of its consolidation range, stuck below $0.17 despite brief spikes in volume midweek.
The broader crypto market also saw mixed sentiment, with Bitcoin trading sideways near $83,000 and meme coins struggling to regain momentum after a hot Q1. While past DOGE Day celebrations often coincided with speculative surges, 2025’s edition fell short of the hype.
How Will Dogecoin Price React to DOGE Day 2025 Celebrations?
Historically, DOGE Day has sparked renewed interest and short-term rallies in the days leading up to April 20. In both 2021 and 2023, Dogecoin logged double-digit gains as traders piled in on bullish memes and viral campaigns.
But this year, the narrative has shifted — weighed down by political tension, fading enthusiasm, and bearish signals from Dogecoin’s most influential supporter, Elon Musk.
Tesla Stock Price, April 20 | Source: NASDAQ
Recent backlash against Musk has cast a shadow over DOGE sentiment. The billionaire entrepreneur, now heading the Department of Government Efficiency (DOGE) within the Trump administration, has come under fire after job cuts triggered nationwide protests.
Investor sentiment, particularly among retail raders, has soured amid concerns over Musk’s political involvement with the DOGE agency and Trump’s renewed trade tariffs.
As a result, assets linked to Musk — including Tesla stock and Dogecoin — have struggled in recent weeks.
As seen in the chart above, Tesla’s TSLA share price closed trading at $241 on Friday shedding 4.15% in the past trading week. Likewise, DOGE price has shed over 12% from its local April high of $0.17 recorded on April 12.
Hence, the muted price action on Sunday, confirms that investors remain hesitant to enter large positions amid the 2025 DOGE Day celebrations.
Dogecoin Price Forecast: DOGE Risks Drop to $0.142 as Momentum Stalls Below Resistance
Dogecoin price forecast today leans cautiously bearish as DOGE struggles to hold above $0.1558, with technical indicators pointing to weakening momentum.
As depicted below, DOGE price is currently pinned just below the 5-day, 8-day, and 13-day simple moving averages — clustered tightly around $0.156 to $0.157 — forming a resistance band that has consistently capped upward attempts. The failure to reclaim this zone suggests bulls are losing steam after a sluggish DOGE Day performance.
Dogecoin Price Forecast
The Relative Strength Index (RSI) reads 43.95, hovering just above its signal line at 43.06. While that reflects a mild attempt at recovery, it remains in bearish territory under 50, underscoring the lack of strong buyer conviction. The narrow range with declining volume, hinting at indecision and possible downside continuation.
Within these conditions, Dogecoin price is likely to break below the $0.15 and tumble toward $0.142 — last tested during the April 13 sell-off.
Pi Coin ($PI) is rallying as it approaches the $1 mark, showing strong momentum with a 34% surge in the last 24 hours, briefly hitting $0.98. The cryptocurrency community is celebrating, with massive trading volume, bullish sentiment, and hints of major developments on the brink.
The next resistance levels for Pi are set at $1.00, followed by $1.40, while support currently sits around $0.80.
Crypto analyst Dr. Altcoin shared that the Pi Network team will make a big announcement on May 14, 2025. This date is important because it’s the same day the Consensus Summit 2025 begins in Toronto, where Pi’s founder, Dr. Nicolas Kokkalis, will be speaking. The analyst believes this news could be very good for Pi’s price. He predicts that Pi could reach $1 by May 14, go up to $2 by the end of August, and maybe reach $2 to $5 by the end of the year.
Binance Listing Soon?
According to on-chain data, a mysterious wallet made a massive purchase of 70 million PI from OKX, pushing its total holdings to 155 million PI—more than any other wallet on active exchanges. This activity has sparked speculation that a big centralized exchange (CEX) might be preparing to list Pi Coin.
These patterns mirror previous movements seen before major exchange listings, and the timing aligns with increased activity on the Pi Blockchain and preparations for KYB (Know Your Business) compliance—a requirement for official listings.
Community Excitement and Expansion
The Pi Network ecosystem is also expanding, and community hype is at an all-time high. With Pi already ranked among the top 30 cryptocurrencies by market cap on CoinGecko, many believe this is just the beginning.
The Pi community is now wondering: Which exchange will list Pi next? Could it be Binance, Coinbase, or another big player?
The post Pi Coin Price Prediction Today: $2 in Sight as Price Surges 34% appeared first on Coinpedia Fintech News
Pi Coin ($PI) is rallying as it approaches the $1 mark, showing strong momentum with a 34% surge in the last 24 hours, briefly hitting $0.98. The cryptocurrency community is celebrating, with massive trading volume, bullish sentiment, and hints of major developments on the brink. The next resistance levels for Pi are set at $1.00, …
