Coinbase, one of the most trusted and regulated crypto exchanges in the world, has announced it will suspend trading for five tokens, including Galxe (GAL), Litentry (LIT), Mines of Dalarnia (DAR), Orion Protocol (ORN), and PARSIQ (PRQ).
The trading halt will officially begin on May 16, 2025, at around 2 PM ET across all Coinbase platforms, Coinbase.com, Coinbase Exchange, and Coinbase Prime.
Why These Tokens Are Being Delisted
According to Coinbase, this decision isn’t about poor performance or security issues. Instead, it has to do with token versions. Each of these projects, GAL, LIT, DAR, ORN, and PRQ, has released new versions of their tokens.
That means the original versions listed on Coinbase are now considered outdated and no longer meet the platform’s listing standards.
Coinbase cares a lot about keeping things safe, reliable, and clear for its users. When tokens go through major upgrades or migrate to new contracts, the old ones can cause problems or stop working well. That’s why Coinbase is removing these older tokens from trading.
Trading Already in Limit-Only Mode
To ease the transition, Coinbase has already moved all five token pairs to limit-only mode. This means users can still place or cancel limit orders, and trades may happen, but no market orders or advanced trading types are currently supported.
It’s a heads-up to the community, get your affairs in order before full suspension takes effect.
What Happens to Users Holding These Tokens?
If you hold any of these tokens on Coinbase, it’s time to act. You might want to withdraw your holdings or convert them before May 16. After the suspension, your ability to trade them will be gone, at least on Coinbase.
XRP is currently trading at $2.37 after a slight 24-hour dip of 2.11%, but it’s still up 0.89% over the week, 13.2% this month, and an impressive 359% over the past year. Since the start of 2025, XRP has gained 14.2% and now holds a market cap of $139.06 billion, ranking as the fourth-largest cryptocurrency.
Reaching the $20 mark would require a 743.88% surge from its current level. According to analyst Stock Moe, this is a crucial support level. If the price fails to hold here, he warns it could slide to $0.226, then $0.213, and even $0.202 in a continued downtrend. Despite the current weakness, Moe says the bigger picture for XRP remains bullish.
XRP Price Predicition The $300 Price Target Explained
Stock Moe believes XRP still has the potential to hit $300. He admits this sounds wild and calls it a moment of “opium,” but points to billion-dollar investors who continue to bet on XRP. He says these big players are not worried by short-term noise because they understand the long-term utility of XRP. Moe explains that the delay in XRP’s breakout is not a failure, just a test of patience.
Moe notes XRP has broken below the Bollinger Bands for three straight days. This usually signals a test of the 13 or 50-day EMAs. If XRP drops below $0.213, it could move to $0.202 or $0.172. However, Moe dismisses extreme bearish calls for $0.160, saying the charts do not support such a move. He sees the current action as a response to uncertainty, not a collapse.
The market reacted negatively to the delayed SEC response, causing panic selling. Moe says this fear is emotional and not based on fundamentals. He believes short-term holders are giving up, while long-term investors will benefit from staying calm.
Institutional Moves Back the Vision
Moe is confident in XRP’s future and is backing his belief by partnering with Gemini. He is offering users $25 in XRP for trading $100, showing his continued support. He says the $300 goal is not hype but a reflection of where XRP could go if real use cases take off. Moe ends by saying XRP’s rally is just slow, not dead, and those who wait may be the ones who win big.
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XRP is currently trading at $2.37 after a slight 24-hour dip of 2.11%, but it’s still up 0.89% over the week, 13.2% this month, and an impressive 359% over the past year. Since the start of 2025, XRP has gained 14.2% and now holds a market cap of $139.06 billion, ranking as the fourth-largest cryptocurrency. …
The recent Shiba Inu price recovery has stalled after hitting a crucial resistance level. It has slipped by 11% from its highest level this week. This crash may be reversed if a SHIB ETF is filed and approved this year, and if the funds capture 10% of Ethereum’s inflows.
The value of SHIB has risen by 2.5% over the last 30 days, and according to CoinGape, its market capitalization has increased to $7.9 billion.
Shiba Inu Price May Surge In Case of an ETF Filing and Approval
The Shiba Inu price remains in a deep bear market, having plunged by 60% from its highest point in November last year. A potential catalyst for the second-biggest meme coin would be a spot SHIB ETF application by one or more fund managers.
Besides, some top financial services companies have filed for over 70 ETF applications in the past few months. While XRP and Solana have dominated these applications, meme coins like Dogecoin, Bonk, and Official Trump have received several applications.
This means that the odds of at least one asset manager filing for a SHIB ETF application are high. That’s because Shiba Inu is one of the most actively traded meme coins in crypto. It has an active community of over 1.5 million holders, and it often ranks high in terms of Google Searches and social media mentions. Also, Shiba Inu has grown its ecosystem to include Shibarium, a layer-2 network, and ShibaSwap, a decentralized finance platform.
An eleven-month-old Change petition asking Grayscale to file for a Shiba Inu ETF has attracted over 11,000 verified petitioners.
What if a SHIB ETF Captures 10% of Ethereum ETF Inflows?
A Shiba Inu ETF would likely attract some inflows from Wall Street investors seeking exposure to meme coins. However, odds are that many large players in finance will keep off because of the perceived volatility.
Therefore, a potential scenario is one in which these ETFs capture at least 10% of Ethereum’s inflows. Such a move would be a bullish one for Shiba Inu price as it would be a sign that it has demand. Ethereum ETFs have attracted cumulative inflows of $2.4 billion. In our hypothetical situation, that would mean that these SHIB ETFs receive about $240 million inflows after their launch.
As a disclaimer, no Shiba Inu ETF has been filed yet, and Grayscale has not commented on the Change petition. Also, the 10% inflows estimate is hypothetical, and could be higher or lower depending on the prevailing market conditions.
It is also worth noting that it may take months or over a year for a SHIB ETF filed today to be approved. Just this week, the SEC delayed its approval of a spot XRP ETF to June. ETFs of other coins may take longer to be approved, a worse situation for Shiba Inu since no application has been made yet.
SHIB Price Prediction In Case of an ETF Approval
The daily chart provides a clear picture of what is going on with Shiba Inu price. This chart reveals that the coin bottomed at $0.00001080 this month. This price was not by accident as it coincided with the lowest level in August last year. It has formed a giant double-bottom pattern at that price, with its neckline at $0.00003340. This pattern often leads to a strong bullish breakout.
Therefore, based on this pattern, one can estimate the potential SHIB price forecast to be the neckline at $0.00003340. A surge to that level would imply a 147% increase from the current level. Also, a jump above that price would signal more gains to last year’s high of $0.00004560, up by 240% from the current level.
Shiba Inu Price Chart
On the other hand, the bullish SHIB price will invalidate the double bottom pattern if it fails to hold the key support at $0.00001080. Such a move will point to more downside, potentially to $0.0000077, its November 2023 lows.
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.
DOGE/USDT: 4-Hour Chart
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 Closes a Monthly FVG Gap
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.
Dogecoin Price Chart
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.
On-Chain Data Signals DOGE Price Bottom
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.
DOGE 365D MVRV Ratio
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.
DOGE ETF Approval Odds Hit 64%
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.
Polymarket
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.
Summary
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.
