James Wynn is urging cryptocurrency traders to invest in Solana memecoin Moonpig, predicting that the market capitalization will rise by 2,600%. After a week of heavy losses, the high-risk perps trader is targeting a “trade of the century” for the history books. James Wynn Endorses Moonpig, Eyes 2,600% Memecoin Rally High-risk cryptocurrency trader James Wynn is turning his gaze toward memecoins, shilling Moonpig to investors. In an X post, James Wynn described the Solana-based Moonpig as “anti-cabal” and “anti-farm”, urging investors to buy and hold the memecoin. $moonpig is anti-cabal anti-farm. If it wasn’t, it would never have ran to $120mmc completely organically without any paid KOLs. It’s currently chilling at a $37mmc. With $14.6m on chain volume and multiple exchange listings: @HTX_Global @MEXC_Official @LBank_Exchange… — James Wynn (@JamesWynnReal) May 31, 2025 Wynn argues that Moonpig stands apart from its peers with the high-risk trader citing its meteoric growth in… Read More at Coingape.com
XRP price has shot up nearly 5% in the past 12 hours in response to the US-China trade deal. Apart from Ripple the altcoins and the broader crypto markets are taking off. Bitcoin (BTC) price has surpassed the $97,000 threshold with Ethereum and others up 2%.
Currently, XRP price stands at $2.16, hinting at a potential breakout rally if the bullish sentiments sustain. As the token goes up, let’s explore the bullish factors supporting its upside potential.
XRP Price Surge
XRP Price Nears Channel Breakout as U.S.-China Trade Deal Develops
With a near 2% rise, XRP is at $2.16. However, the bullish trend faces critical resistance from the overhead trend line and the 50 and 100 EMA lines. Furthermore, the MACD and signal lines have recently given a negative crossover.
With multiple technical setbacks, the short-term surge in bullish momentum must surpass the overhead obstacles to sustain a bullish ride. However, the overnight surge has concluded the four-day downfall streak in the XRP price trend. This increases the possibility of a price jump in XRP.
As per the trend-based Fibonacci level, the potential breakout of the 100-EMA line at $2.21 will likely propel the XRP price to the 23.60% level at $2.45. On the flip side, the 200 EMA line at $1.9978 is a strong support for the XRP price.
The sudden reversal and increased bullish sentiments in Ripple’s XRP come before the anticipation of a U.S.-China trade deal meeting in Switzerland.
A Way Ahead in the U.S.-China Trade Deal
In a recent interview, Scott Bessent, the 79th U.S. Treasury Secretary, revealed a key upcoming discussion between the U.S. and China in Switzerland over the coming weekend. Scott Bessent revealed his plan to visit Switzerland to discuss trade deals with the Swiss. Chinese delegates, presently on a visit to Europe, are willing to discuss a potential way ahead in trade deals. Bessent said,
“The world has been coming to the U.S., and China has been the missing piece. We will meet on Saturday and Sunday to discuss our shared interests.”
Bessent adds that the current tariffs and trade barriers are unsustainable, but we don’t want to decouple. The treasury secretary further added that tariffs and other barriers are coming down as the world starts to renegotiate. “We are bringing strategic industries back home, from steel to semiconductors to medicine, and Americans will get a better deal.”
With the news, the NASDAQ 100 and S&P 500 registered a near 1% jump despite a weaker opening. This reflects the sudden optimism spike in the US markets.
China’s MOFCOM Confirms The Meeting in Switzerland
In a news release, China’s Ministry of Commerce, MOFCOM, has confirmed the news that Vice Premier He Lifeng will visit Switzerland. The vice premier will be a Chinese representative for the China-U.S. Economic and Trade Affairs. During his visit to Switzerland, he will meet the U.S. Treasury Secretary Scott Bessent.
The news release also states, “China has carefully evaluated these messages, taking into full account global expectations, China’s own interests, and the appeals of American businesses and consumers. China has decided to engage with the U.S. side.”
The development in the US-China trade deal discussion has pumped up the US and crypto markets alike. Bitcoin is up by nearly 3%. Similarly, altcoins like Ethereum witnessed more than 1.50%, and it has fueled Ripple’s XRP token surge of 1.85%.
Conclusion
The XRP price surges as the global trade war witnesses the two rivals coming back to talking terms. This could result in a key pivot point for global markets and risk assets like crypto.
Perpetuals, Made In USA coins, and meme coins are the top three crypto narratives to watch for the second week of March. Perpetuals tokens like HYPE and WOO are down over 12%, but strong trading activity and high revenue suggest a potential rebound.
Made In USA coins, including PI, ADA, and HBAR, have suffered major losses amid broader market turmoil, but the recovery could be near if market conditions stabilize. Meme coins have been hit hard, but their history of sharp rebounds suggests they could lead the next rally if sentiment shifts.
Perpetuals
Perpetuals coins appear to be setting up for a rebound after a rough week, with HYPE and WOO both down more than 12% in the last seven days. Perpetuals platforms are exchanges that allow traders to buy and sell perpetual futures contracts, which have no expiration date.
These platforms use a funding mechanism to keep contract prices aligned with the spot market while enabling traders to take long or short positions with leverage.
Despite the recent downturn in some perpetuals tokens, the sector continues to see strong activity, with high trading volumes and fees generated across key platforms.
Biggest Coins by Market Cap (Perpetuals). Source: CoinGecko.
However, this level of dominance also suggests that the market has room for competitors to emerge and challenge its position. Arkham, for instance, has surged 14% in the last 24 hours. That signals that some traders are betting on alternative projects within the perpetuals ecosystem.
Overall, these trends make perpetuals one of the must-watch crypto narratives of the week.
Made In USA Coins
The biggest Made In USA coins have all suffered significant losses in the past week, with PI dropping 22.6%. ADA and HBAR both down 18.9%. Made In USA coins refer to cryptocurrencies that have strong ties to the United States, whether through their founding team or company headquarters.
This category includes projects that often attract regulatory scrutiny or benefit from US-based institutional backing. The latest downturn aligns with broader market weakness, as both the crypto and stock markets have been hit hard in the past 24 hours.
Biggest Made In USA Coins by Market Cap. Source: CoinGecko.
The US stock market saw a massive $4 trillion wipeout following Trump’s push for new tariffs. Given the scale of this correction, a potential rebound could be on the horizon if investors view the recent dip as an overreaction. That could positively impact crypto, driving a new surge.
Historically, sharp declines in both crypto and equities have been followed by strong recoveries, especially when macroeconomic fears subside.
This volatility has been evident in the past week, as the biggest meme coins have taken a heavy hit. Dogecoin (DOGE), the largest meme coin by market cap, has dropped more than 17% in the last seven days.
TRUMP is down over 14%, and PEPE and BONK have both lost more than 10% during the same period.
Biggest Meme Coins by Market Cap. Source: CoinGecko.
However, if the crypto market stages a rebound this week, meme coins could see some of the strongest recoveries. Historically, these assets tend to outperform in fast-moving uptrends due to their speculative nature and the rapid inflow of retail interest.
The last major surges in meme coins occurred after broader market rebounds reignited hype and aggressive buying activity.
If sentiment shifts and liquidity returns, DOGE, TRUMP, PEPE, and BONK could quickly reclaim lost ground. That could potentially lead to another wave of explosive gains in the meme coin sector.
The push for the Arizona Governor, Katie Hobbs, to sign the SBR has already begun.
Bitcoin price has signaled bullish sentiment, with the next target above $99k.
After months of lobbying and speculation, Arizona has become the first state in the United States to pass a strategic Bitcoin reserve (SBR) bill in both houses. On Monday, during the late North American session, the Arizona House passed the Bitcoin Reserve Bill SB 1025, with 31 yes against 25 nays.
As a result, the state of Arizona will invest 10 percent of the public funds annually in Bitcoin to hedge against inflation and macroeconomic uncertainties. Meanwhile, the SB 1025 bill is now awaiting final approval from Arizona’s governor Katie Hobbs, a Democratic Party member.
The Final Push for Bitcoin SBR’s Implementation in Arizona
As Coinpedia previously reported, Governor Hobbs threatened to veto all bills until a disability funding bill was passed by both houses. Amid the controversy, Dennis Porter, CEO and Co-founder of Satoshi Action Fund, requested American voters to push their elected leaders to implement the strategic Bitcoin reserves Bills as soon as possible.
Following the announcement, a ripple effect is expected in other states debating the SBR bills. Furthermore, the Donald Trump administration has laid significant emphasis on the importance of Bitcoin and digital assets thriving in the United States.
Bitcoin price gained around 1 percent to trade at about $94.5k at the time of this writing. The rising demand for Bitcoin by whale investors will play a crucial role in its rally beyond the resistance range between $95k and $99k in the coming weeks.
The post Breaking: Arizona Passes Strategic Bitcoin Reserve Bill in the House and Senate appeared first on Coinpedia Fintech News
The push for the Arizona Governor, Katie Hobbs, to sign the SBR has already begun. Bitcoin price has signaled bullish sentiment, with the next target above $99k. After months of lobbying and speculation, Arizona has become the first state in the United States to pass a strategic Bitcoin reserve (SBR) bill in both houses. On …
