Kaito’s open interest has jumped 88.96% to $139.64 million, reflecting growing interest in the altcoin.
The bullish volume signals that most traders expect further price recovery.
Technical indicators on the 4-hour chart indicate $KAITO may be developing a bullish reversal pattern.
Kaito (KAITO) price surged by 26%, fueled by its listing on Upbit, adding to its growing presence on major centralized exchanges.Unlike the same week when it launched, Kaito token is part of today’s top gainers. In the last 24 hours, the price has reached $1.81 with a market cap of over $435 million.
KAITO Buying Pressure Surges
KAITO reached an all-time high of $2.92 days after the project airdropped tokens to qualified customers. In the last 24 hours, total Open Interest (OI) increased by 89% to approximately $140 million.
The total Open Interest (OI) is the value of all open positions in a contract. Because every trade involves a buyer and a seller, OI is always split 50/50 between longs and shorts.
It rises or decreases depending on the net open situation. A price increase combined with increased OI does not imply that there are more longs than shorts; rather, it indicates that buyers are more aggressive, which is a positive indicator.
Market Volatility and Bullish Momentum
On the 4-hour time frame, KAITO is forming a double bottom pattern at the $1.55 level, which is a significant bullish reversal pattern. The price has bounced back from the $1.55 support area, suggesting that bulls are fighting to defend lower levels. Nevertheless, the altcoin has stiff resistance at $2.028 indicated by the key indicators.
A break above $2.028 might initiate a rally toward $2.50 and $2.92 resistance levels.
Key Indicators Supporting Price Surge
The KAITO price chart is forming lower highs and lower lows, signaling a slight downtrend around $1.5536. The price may hold above $1.70, there is a chance of a reversal bounce towards $2.0.
Currently, it is approaching the 20-day moving average (BB Middle Band) of $1.90, which serves as modest resistance. The 50-day Simple Moving Average (SMA) around $2.02 is an important resistance zone. A breakout over this level could spark additional gains.
The price increase is accompanied by increased volume, reinforcing the positive trend. The $2.028 zone acts as immediate resistance, while a breakout could push prices toward $2.50, which is a 38% increase from the current price.
Crypto whales are making quiet moves in Ethereum (ETH) and Optimism (OP), while accumulation remains stagnant—or even negative—across most other major coins. Between April 4 and 6, both ETH and OP saw a notable increase in large wallet holders despite a harsh market correction.
This behavior often signals early confidence from institutional players, hinting at potential reversals ahead. With ETH nearing $1,400 and OP trading at three-year lows, the next few days could be pivotal if whale accumulation translates into renewed bullish momentum.
Ethereum (ETH)
Between April 5 and April 6, crypto whales accumulated ETH. The number of Ethereum whale wallets—those holding between 1,000 and 10,000 ETH—increased from 5,340 to 5,388, signaling a quiet accumulation phase during the broader market correction.
Tracking these large holders is crucial, as their behavior often precedes major market moves; when whales accumulate, it can indicate growing confidence in the asset’s long-term value and hint at a potential trend reversal.
Number of Addresses Holding Between 1,000 and 10,000 ETH. Source: Santiment.
However, the recent uptick in whale activity suggests some optimism beneath the surface. If momentum shifts and ETH manages to reclaim $1,748, it could rise further toward $1,938 and, with a strong enough rally, even retest the $2,000 mark—restoring a key psychological and technical level for bulls.
Optimism (OP)
The number of Optimism whale wallets—holding between 10,000 and 1,000,000 OP—rose from 4,138 on April 4 to 4,151 on April 6, suggesting that large holders are accumulating despite the ongoing market correction.
This increase in whale activity may indicate long-term confidence in the project, even as the broader market faces heavy selling pressure.
In periods of uncertainty like now, such accumulation can be an early sign of a potential price reversal, as institutional or high-net-worth investors often act ahead of retail sentiment.
Number of Addresses Holding Between 10,000 and 1,000,000 OP. Source: Santiment.
Currently trading near its lowest levels in nearly three years, OP is under significant downward pressure. If the correction persists, the token could break below the $0.50 support level.
However, if the recent whale accumulation reflects a shift in momentum, OP could rebound to test resistance at $0.65.
A breakout from that level may open the path toward $0.77 and, in a stronger recovery, even retest $0.84.
Meta Platforms, the parent company of Facebook and Instagram, has voted overwhelmingly against a proposal to diversify its corporate treasury into Bitcoin.
This signals that Big Tech remains cautious about adopting the top cryptocurrencies despite rising corporate interest.
Meta Shuts Door on Bitcoin Treasury Move
According to documents shared on X, the shareholder motion received just 3.9 million votes in favor, while more than 4.9 billion opposed it. Another 8.9 million shares abstained, and 205 million were broker non-votes.
Meta Shareholders Vote on Bitcoin Treasury Move. Source: X/Phoenix
This vote follows the proposal of Ethan Peck, a Mata Shareholder, earlier this year.
However, Meta’s board rejected the proposal even before the vote, stating that the company already has robust treasury management practices.
The board maintained that there was no compelling reason to consider Bitcoin, though it did not entirely dismiss digital assets as a concept.
“While we are not opining on the merits of cryptocurrency investments compared to other assets, we believe the requested assessment is unnecessary given our existing processes to manage our corporate treasury,” Meta’s board stated.
Meanwhile, the vote ends months of speculation that Meta might follow in the footsteps of companies like Strategy, which has aggressively accumulated Bitcoin as a reserve asset.
“If a Meta or Microsoft adds BTC to its balance sheet, it will arguably have a bigger impact than all the smaller companies doing it. Kinda like when Tom Hanks got COVID, which made it feel real even though the cases had already been mounting,” Bloomberg ETF analyst Eric Balchunas explained.
Bitcoin Top 85 Corporate Holders. Source: Hodl15Capital.
As of May 2025, more than 85 public companies collectively hold over 804,000 BTC, according to Hodl15Capital. Strategy leads the pack with more than 580,000 BTC under its control.
According to a recent technical study by CoinPedia, Dogecoin is in a bearish market trend right now. DOGE’s price has decreased by over 5% in the previous 24 hours alone following a loss of control over a vital support level. Given the generally unfavorable market attitude influencing the crypto industry, DOGE’s market view seems bleak, with a price of about $0.166.
Source: Tradingview
The trading volume of Dogecoin has also dropped sharply to its lowest point in 2025. This suggests that traders and investors are losing interest because it relies on speculative trading and lacks practical use. Should DOGE continue to fall below the $0.166 threshold, it may have a further decline of 18%, bringing it down to $0.136.
This drop implies that much of Dogecoin’s time in the public may be gone, so it becomes less appealing approaching April The sentiment of Dogecoin (DOGE) is declining as the crypto market moves into April 2025. Two more altcoins, Shiba Inu (SHIB) and Rexas Finance (RXS), are under praise as the finest crypto bets approaching April. For the following reasons, these two assets have been hailed as main prospects for us into April 2025.
Rexas Finance (RXS)
Rexas Finance (RXS) is positioned as a strong new participant in the cryptocurrency market, as many investors are still reeling from DOGE’s poor price action. Rexas Finance is transforming the idea of tokenizing real-world assets (RWAs), including real estate, commodities, and financial instruments, unlike Dogecoin, which is essentially motivated by speculation and meme culture.
Rexas has become somewhat popular and well-known by giving investors access to historically illiquid markets. With Rexas Finance’s tokenizing strategy, anyone can invest in highly valuable assets. With Rexas, for instance, an investor might have a fraction of a $10 million real estate property for just a few hundred dollars, therefore democratizing access to markets valued at trillions of dollars. Particularly in sectors like real estate, where tokenization may offer liquidity and flexibility, this creative approach to asset management has the ability to upend sectors.
Rexas Finance has reacted well in its presale since its September 2024 introduction. In Stage 12, the project’s token price reflects a 567% rise from $0.03 to $0.20. $47,582,031 has already been raised, and the presale is nearly 91% sold out. With around 50,000 active RXS holders, Rexas is surrounded by constant FOMO (Fear of Missing Out). Rexas Finance offers investors the chance to create passive income with its range of DeFi services, including staking, yield farming, and liquidity pooling.
While the Rexas Launchpad provides early-stage investment opportunities for high-potential entrepreneurs, the project’s Rexas Token Builder system lets users quickly build and manage blockchain assets. With an initial listing price of $0.25, Rexas will debut on elite exchanges in June 2025. After the listing, experts estimate a 20,000% price rise; hence, RXS is among the most promising cryptocurrencies to purchase before the presale concludes.
Shiba Inu (SHIB)
Conversely, Shiba Inu (SHIB) has also shown indications of a positive comeback. Following several months of falling price action, SHIB has broken free from its downward trend and is set for a 154% increase. From its intra-month low, SHIB has already demonstrated a robust rebound of 19%; analysts predict it may reach notable resistance levels in the not-too-distant future. The present price action points Shiba Inu toward a target resistance level of $0.0000328.
Analyzers predict more price rises toward $0.00003514 as SHIB keeps gathering strength, indicating the beginning of a new bull run. With many long-term holders showing increased activity, the 784.24 trillion SHIB tokens represent great investor confidence. Another element influencing the Shiba Inu ecosystem’s capacity for a breakout is its expansion.
Network activity on the coin has surged as support levels point to SHIB perhaps about to make major gains. While DOGE has a pessimistic view and is dropping volume, SHIB is gaining momentum, setting itself up for a significant price increase in 2025.
Conclusion: A Shift Away from Dogecoin
Rexas Finance and Shiba Inu are becoming more appealing substitutes as DOGE maintains a bearish attitude and its price stays around important support levels. While Shiba Inu shows indications of a bullish reversal that could result in significant price rises, Rexas Finance is revolutionizing crypto investment by tokenizing actual assets. Both of these altcoins show great growth potential as we enter April 2025; hence, they are top candidates for investors looking to diversify from Dogecoin and seize fresh prospects in the changing bitcoin market.
For more information about Rexas Finance (RXS) visit the links below:
The post Why Have These 2 Dogecoin (DOGE) Competitors Been Touted as the Best Cryptos to Own as We Enter April 2025? appeared first on Coinpedia Fintech News
According to a recent technical study by CoinPedia, Dogecoin is in a bearish market trend right now. DOGE’s price has decreased by over 5% in the previous 24 hours alone following a loss of control over a vital support level. Given the generally unfavorable market attitude influencing the crypto industry, DOGE’s market view seems bleak, …
