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The Official Trump (TRUMP) price is on a downtrend and has crashed 36% since the May 22 swing high of $16. But this downtrend could exhaust, leading to a massive pump ahead of US President Donald Trump’s birthday on June 14. This event or announcement from Trump could spark a significant move to the upside.
The post Can Trump Coin Price Rally 100% Ahead of Donald Trump’s Birthday? appeared first on CoinGape.
Ripple has made waves in the crypto space with its relentless efforts to establish XRP as a leading force in…
Dogecoin (DOGE) price has been underperforming due to capital rotation to new meme coins, but a trend reversal is now looming. Technical analysis, on-chain data, and macro factors suggest that it might make a parabolic 135% surge to $0.40 before May ends.
DOGE value today remains flat with a modest 0.05% gain to trade at $0.174 with an intraday low of $0.169. The meme coin’s volatility has also been notably low over the past week, as traders adopt a “sit-and-wait” approach after Bitcoin’s rally to $96,000 sparked speculation about the return of a bull market.
Despite the choppy moves, three factors have aligned and tease towards a price rally for Dogecoin to as high as $0.40, with this upswing expected to occur in the coming weeks.
Dogecoin price is showing signs of strength, according to a recent X post by analyst Polaris.xbt on X who noted that it had closed a monthly FVG gap, and it was now trading within a stable consolidation range that could spark an upward breakout.
In his analysis, he stated that the Dogecoin price forecast is positive, and if it can defend support at the bottom range of this consolidation zone, it faces the next major hurdle at $0.22. If it breaks out from this resistance level, it may enter a sustained uptrend past $0.40, which will mimic the DOGE ETF approval rally.
Conversely, if DOGE fails to make a clean breakout from the current consolidation zone and slips, it faces critical support at $0.10, at which point it will have wiped out the entire Q4 rally triggered by President Trump’s election.
Besides technical analysis, data from Santiment, specifically the Market Value to Realized Value (MVRV) ratio, suggests that the price of Dogecoin may have hit a local bottom, a factor that often precedes an upward recovery.
At press time, the 365-day MVRV had plunged to -37%, indicating that most holders are underwater, which suggests that the top meme coin is undervalued and may make a strong upward trend. Doing so will mirror past patterns, like in the second half of 2024, whereby DOGE went on a parabolic rally after the MVRV signalled a bottom.
The high approval odds for a spot Dogecoin ETF might also catalyze the next bullish break for price, as Polymarket reveals that the approval odds now stand at 64%. Meanwhile, Bloomberg analysts stated that there is an 80% chance of a DOGE ETF approval for the three issuers that have filed for the product.
As optimism towards the approval of this product increases, Dogecoin is likely to make an upward breakout in May 2025. Moreover, as Coingape recently reported, DOGE will rally significantly if it captures 30% to 50% of spot Bitcoin ETF inflows.
Dogecoin price is on the verge of a major rally as three signals suggest that the meme coin may reach $0.40 in May 2025. The closure of a monthly FVG gap, the 365-day MVRV ratio, and the increased odds of a spot DOGE ETF approval hint that it may have hit a local bottom and now eyes gains.
The post 3 Reasons Dogecoin Price Could Reach $0.40 in May 2025 appeared first on CoinGape.
Pi Network, a prominent crypto project with a large user community, faces major pressure in Q2 2025. Although public interest in the project has declined, many Pioneers still hope for a strong price rally.
However, a significant amount of Pi tokens will be unlocked this month and in the coming months. This, combined with weakening liquidity, could make it difficult for Pi Coin to recover.
According to data from PiScan, 212.2 million Pi tokens will be unlocked in May, 222.6 million in June, and 233.4 million in July. Notably, the period from May to July will see the largest Pi unlock events until September 2027.
This sharp increase in supply, along with the rising number of Pi tokens held on exchanges, is adding serious downward pressure on the price. PiScan data shows that the total Pi balance on centralized exchanges (CEXs) now exceeds 387 million tokens. Compared to a report in February, the amount of Pi on exchanges has doubled in less than three months.
Specifically, Bitget holds over 95 million Pi, while OKX holds nearly 154 million. This increase suggests that many investors may be ready to sell, increasing the risk of a price drop even if a short-term recovery occurs.
More concerning is the lack of liquidity growth alongside the rise in circulating supply. CoinMarketCap data reveals that Pi Coin’s trading volume has plunged from over $1.3 billion at launch to about $45 million—a 96% drop.
This dramatic decrease reflects a sharp decline in trading demand, raising concerns about the market’s ability to absorb newly unlocked supply.
Despite the challenges, the Pi investor community holds an optimistic outlook.
Their hopes are partly based on unconfirmed rumors that surfaced in early May, suggesting Binance may list Pi. A Pi investor account with over 100,000 followers on X claimed that the Pi Core Team and Binance are in the final stages of negotiation.
“Soon! Pi will be listed on Binance Exchange, PCT is in final negotiation with Binance,” Pi Barter Mall declared.
Another key factor supporting a bullish outlook is the upcoming appearance of Dr. Nicolas Kokkalis, the founder of Pi Network, at Consensus 2025.
In addition, since its mainnet launch, Pi Network has achieved several milestones. These include Chainlink integrating with the Pi Network and Telegram Crypto Wallet integrating Pi as well.
At the time of writing, Pi’s price remains steady at around $0.58, as it has since the beginning of May. This reflects the cautious sentiment of Pi traders this month.
The post Pi Network Faces Heavy Sell Pressure as Q2 Unlocks Collide With Volume Collapse appeared first on BeInCrypto.