Dogecoin (DOGE) has dropped significantly in the last 24 hours, with a nearly 10% decline to trade at $0.215 today, May 17. This decline coincides with an increase in whale selling activity after large addresses sold more than 170M coins in 24 hours, impacting Dogecoin price performance. Dogecoin Price Dips as Whales Dump 170M DOGE Dogecoin’s price is under bearish pressure this weekend due to a meme coin market crash, as it fell to a one-week low on Saturday. The decline follows a drastic surge in whale selling activity, highlighting a negative outlook from these traders as they anticipate that this top meme coin is going to face further losses. Data from Santiment shows that within 24 hours, the whales holding between 10M and 100M DOGE reduced their holdings from 23.91 billion to 23.74 billion. This highlights a sale of more than 170M tokens within 24 hours as Dogecoin price… Read More at Coingape.com
A wave of new token unlocks is starting from August 11 and will continue to August 18th. This will likely affect the market by changing the supply dynamics. Usually, large token unlocks tend to cause sharp, short-term price fluctuations and increased trading volume, and it can also lead to extreme price volatility.
Millions of New Tokens Unlocks in August
According to Tokenomist, in the next seven days, major cryptocurrencies like Aptos, Arbitrum, and Avalanche will undergo scheduled token unlocks.
Fasttoken: FTN is releasing approximately 20 million tokens, valued at around $91.80 million.
Cheelee: CHEEL is releasing approximately 20 million tokens, valued at around $91.90 million.
Connex: CONX is releasing approximately 2.32 million tokens, valued at around $54.81 million.
Aptos:APT will release approximately 11. 31 million tokens, valued at around $53.72 million
Arbitrum: ARB will release approximately 92.65 million tokens, valued at around $43.38 million.
Avalanche: AVAX will release approximately 1.65 million tokens, valued at around $40.15 million.
Sei: SEI will release approximately 55.56 million tokens, valued at around $18.13 million.
Starknet: STRK will release approximately 127 million tokens, valued at around $17.60 million.
Solayer: LAYER will release approximately 27.2 million tokens, valued at around $17.33 million.
CYBER: CYBER will release approximately 1.99 million tokens, valued at around $10.55 million.
ZKsynk: ZK will release approximately 17.08 million tokens, valued at around $10.16 million.
ApeCoin: APE will release approximately 15.60 million tokens, valued at around $9.83 million.
Various other tokens like Melania Meme, io.net, Onyxcoin, Solv Protocol, Oasis, etc. will each unlock millions of tokens.
What Will be the Impact on the Crypto Market?
The scale of a token unlock directly affects the crypto market. Larger unlocks, especially those exceeding 5% of the total supply, tend to trigger more pronounced price drops and heightened volatility.
A rise in available tokens could lower prices if demand doesn’t grow at the same rate, as it happened with the Pi coins. It can also shape the investor’s sentiment and market trend, depending on how the tokens are used, held, sold, or invested.
The post $450M in Crypto Tokens Set to Flood Market This Week appeared first on Coinpedia Fintech News
A wave of new token unlocks is starting from August 11 and will continue to August 18th. This will likely affect the market by changing the supply dynamics. Usually, large token unlocks tend to cause sharp, short-term price fluctuations and increased trading volume, and it can also lead to extreme price volatility. Millions of New …
As US President Donald Trump announced a 90-day tariff delay, top cryptocurrencies like Bitcoin (BTC), XRP, and Dogecoin (DOGE) are showing signs of a potential breakout. In addition, with Trump’s hint at pausing the 50% tariff on China, all eyes are on its potential impact on the broader crypto market.
With the traditional financial market experiencing relief after a massive downturn, cryptocurrencies, in correlation with stocks and bonds, are exhibiting positive momentum. Thus, Trump’s pause on his tariffs has sparked speculations of a bullish turn in BTC, XRP, and DOGE prices.
How Will Trump’s Tariff Delay Impact BTC, XRP, DOGE Prices?
Notably, Trump’s unexpected pause on his tariff plans has sparked anticipation of a bullish reversal in the crypto market. These speculations have been further boosted by the Bitcoin price’s recent rally past $94k, marking a significant market shift.
Other top cryptocurrencies like XRP and DOGE have also seen a bullish resurgence following Trump’s tariff delay. Considering the prevailing positive sentiment, analysts and traders remain optimistic about the future performance of BTC, XRP, and DOGE prices.
BTC Price to Hit $180K
Analyst CryptoELITES believe that the Bitcoin price is poised to hit a new all-time high of $180,000 in November 2025. At the same time, crypto expert Merlijn The Trader forecasted the BTC price’s bullish rally to $150k in the near future. Now, Bitcoin is exchanging hands at $94,386, up 1.9%.
Source: X, CryptoELITES
XRP Price Sets Sights at $50
In a recent analysis, expert XRP Governor has set a long-term target for the XRP price amid the latest Trump tariff delay. According to him, XRP could reach an ambitious high of $50 in 2027. Currently, XRP is valued at $2.20, up 2.29%.
DOGE Price Targets $0.22
Dogecoin, which is currently trading at $0.1821, has a short-term target of $0.22. Identifying a bull flag on its price chart, analysts predict DOGE’s potential uptrend.
Crypto Market Boost
Significantly, the crypto market is about to witness its highest rally, as pointed out by market expert Michael van de Poppe.
Source: X, Michael van de Poppe
Trump Views High Tariff as a Victory: Here’s Why
According to Donald Trump, high tariffs, 20%-50%, on foreign imports will be a “total victory” as the US will make a fortune from the revenue generated. In addition, these tariffs will attract companies to set up production in the US. This will create job opportunities and economic growth.
Furthermore, Trump draws comparisons to other countries like China, India, and Brazil to highlight their high tariffs. Thus, he acknowledges that tariffs are a key component of his economic policy.
In conclusion, this move has sparked speculation about a potential bullish rally in the crypto market, with Bitcoin being a key beneficiary.
The U.S. SEC has announced a closed-door meeting scheduled for July 10, reigniting speculation around the long-standing XRP lawsuit. The official agenda mentions “enforcement matters,” prompting hopes that this could mark a significant development, possibly even the end of the SEC’s appeal against Ripple Labs.
While nothing has been confirmed, the crypto community is watching closely. A decision to withdraw the appeal could drastically affect XRP’s legal standing and market price, potentially ending years of legal uncertainty.
Are Legal Experts Warning Against Getting Too Excited?
Former SEC lawyer Marc Fagel has thrown cold water on the excitement. He reminded followers that such closed-door meetings are often routine and rarely involve major announcements, especially over the weekend. “The SEC isn’t in the office on Saturdays,” he emphasized on X, addressing rumors that a weekend decision could be imminent.
Is a Saturday Appeal Withdrawal Even Possible?
Despite the skepticism, some users argue that it is legally possible for the SEC to withdraw its appeal on a Saturday. One user, unknowDLT, pointed this out and even noted that ChatGPT confirmed this possibility.
Could XRP Be Tied to a Larger Financial Shift?
The XRP community remains hopeful. One crypto user speculated that if the Ripple case concludes soon, it might align with broader financial infrastructure upgrades—specifically, Fedwire’s move to a Distributed Ledger Technology (DLT)-based system and adoption of ISO 20022. “The price of XRP will be impacted and will FLY to prices we cannot understand now,” the user claimed.
Will a Ripple Lawsuit Dismissal Usher in a New Financial Era?
Another X user, Jazzy Q, believes that Fedwire’s upgraded system will go live on July 14, with all components activated by midnight this Friday. He speculates that the Ripple lawsuit will be dropped on Saturday, potentially triggering a market crash. According to him, Monday could mark the beginning of an entirely new financial system.
Not everyone is optimistic. Some fear that if the SEC does not make a decision soon, XRP holders may once again be “screwed by the government in a plausibly deniable manner.”
What’s Next for XRP and Ripple?
As anticipation builds, the crypto world is laser-focused on the SEC’s July 10 meeting. Whether it brings a legal breakthrough or proves to be just another routine discussion, it could offer valuable clues about the future of XRP and Ripple’s long-standing regulatory battle.
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The post SEC’s July 10 Meeting Could Be a Turning Point in Ripple vs SEC Lawsuit appeared first on Coinpedia Fintech News
The U.S. SEC has announced a closed-door meeting scheduled for July 10, reigniting speculation around the long-standing XRP lawsuit. The official agenda mentions “enforcement matters,” prompting hopes that this could mark a significant development, possibly even the end of the SEC’s appeal against Ripple Labs. While nothing has been confirmed, the crypto community is watching …
