The Paraguay government asked its citizens, on Monday, June 9, to ignore X posts made through the official account of President Santiago Peña. Earlier on Monday during the mid-North American trading session, the X account for President Peña indicated that Paraguay had adopted Bitcoin as a legal tender in addition to creating a strategic BTC reserve and bond access for crypto assets.
According to the X post, which was later deleted, the Paraguay government had created a $5 million Bitcoin reserve. However, the Paraguay government disputed the claims as no such move was underway. Currently, the Paraguay lawmakers are focused solely on regulating the crypto mining sector and virtual assets exchanges to enhance tax collection.
Bitcoin Price Gains Bullish Momentum
Following the fake news from Paraguay, Bitcoin price surged over 2 percent to reach a local high of about $108,702. The wider altcoin market, led by Ethereum (ETH), recorded bullish sentiment, thus the total crypto valuation surged to $3.51 trillion at the time of this writing.
As a result of the sudden crypto rebound, more than $222 million was liquidated, with the largest single liquidation involving $3.28 million from a BTC whale. The Bitcoin’s futures Open Interest (OI) surged from $71 billion to $77 billion in the past 24 hours catalyzed by rising FOMO crypto traders.
$BTC Descending Broadening Wedge Upside Breakout is Confirmed…
From a technical analysis standpoint, Bitcoin price is well positioned to smash its previous all-time high in the near future. A consistent daily close above $107k will confirm the onset of a fresh bull rally fueled by institutional investors. As Coinpedia reported, Strategy has led dozens of companies to adopt a Bitcoin treasury management plan, thus escalating the supply vs demand shock.
What’s the next breakout token that can deliver real gains? For Shiba Inu (SHIB) holders, the answer has become painfully urgent. Recent data shows that nearly 65% of SHIB investors are currently sitting on losses, despite the token’s once-historic surge during the 2021 bull market. That has prompted both retail and smart-money investors to shift their attention elsewhere. And right now, the meme coin attracting the most buzz and momentum is Little Pepe (LILPEPE)—a rising star that’s rapidly becoming the go-to asset for those looking to get in early on the next potential Dogecoin or Shiba Inu-style run.
The SHIB Dilemma: Big Name, Fading Gains
According to data from the IntoTheBlock website, the number of Shiba Inu wallets holding losses has skyrocketed. A total of 65% of all investors are currently in the red, putting them in the lead. In contrast, only 32% of investors are seeing a profit at this level, and 3% are sitting at breakeven, meaning the coins last moved around the price at which the meme coin is currently trading. While the established trend suggests that the Shiba Inu price will continue to decline, pushing more investors into losses, the CoinCodex prediction indicates a change in the tide. The 5-day prediction sees an 8.8% rise to $0.00001278 in the new week.
The unfortunate reality is that those seeking a 10x or 50x return are unlikely to find it by continuing to hold SHIB. Enter Little Pepe (LILPEPE)—a new meme coin that’s not only grabbing headlines but is backed by real innovation and growing investor confidence.
Little Pepe (LILPEPE): Where Momentum Meets Utility
What sets Little Pepe apart from the typical meme coin hype machine is its unique blend of viral branding and genuine blockchain utility. It’s not just another frog-themed token hoping to catch lightning in a bottle. Instead, LILPEPE is being developed as the first-ever Layer 2 blockchain dedicated entirely to meme coins, offering unmatched speed, low fees, and resistance to sniper bots. The platform also includes a meme coin Launchpad—a tool that allows new meme tokens to be created and launched seamlessly within the LILPEPE ecosystem. This positions LILPEPE not just as a token, but as the backbone of the next wave of meme-based cryptocurrencies. And the response has been massive.
Within just weeks of launching its presale, Little Pepe has already sold out two stages, raised over $2.3 million, and is now in its third presale phase, priced at $0.0012 per token. Demand continues to surge as the project confirms listings on two top centralized exchanges (CEXs), with plans also underway to debut on the world’s largest crypto exchange. This move could send its price soaring once it hits the open market.
Viral Growth Amplified by Massive Giveaway
LILPEPE’s clever marketing isn’t just about technical innovation. The team has also launched the “Little Pepe $777K Giveaway”, which will see 10 winners each receive $77,000 worth of LILPEPE tokens. This high-stakes promotion has sent engagement through the roof and attracted tens of thousands of new eyes to the project. This level of attention—and the momentum behind it—mirrors the early stages of previous meme coin breakouts. However, with a clearer roadmap, a solid tech foundation, and a price point still under a penny, LILPEPE appears to be the next logical move for those seeking to escape stagnant assets like SHIB.
A Better Entry Point for Bigger Gains
What makes LILPEPE especially attractive to new and seasoned crypto investors is its favorable risk-to-reward profile. With SHIB, most of the massive growth has already occurred, and further upside is limited unless it achieves mainstream adoption on a massive scale. Meanwhile, LILPEPE offers early entry into a project with a small market cap, high community energy, and a real chance to lead a meme coin renaissance. As meme coins remain a central fixture in the speculative side of crypto, LILPEPE offers everything investors look for—low cost, high upside, technical uniqueness, and the kind of virality that turns small buys into massive windfalls.
Conclusion: Don’t Be Late Again
Many watched from the sidelines as Dogecoin and SHIB turned small investments into six- or seven-figure fortunes. By the time most people jumped in, the significant gains had already been lost. Now, the market is giving investors another chance—but this time, it’s coming from Little Pepe (LILPEPE). With SHIB struggling and 65% of its holders underwater, now might be the best time to make a switch. LILPEPE is not just hype—it’s backed by innovation, already selling out presale stages, and gearing up for major listings that could send it to the moon.
If you missed the first meme coin revolution, LILPEPE might just be your shot at redemption.
For more information about Little Pepe (LILPEPE) visit the links below:
The post Best Meme Coin to Buy Right Now as 65% of Shiba Inu (SHIB) Holders Sink into Losses appeared first on Coinpedia Fintech News
What’s the next breakout token that can deliver real gains? For Shiba Inu (SHIB) holders, the answer has become painfully urgent. Recent data shows that nearly 65% of SHIB investors are currently sitting on losses, despite the token’s once-historic surge during the 2021 bull market. That has prompted both retail and smart-money investors to shift …
While the emergence of the concept of cryptocurrency generated a lot of interest within the crypto community, times became tough when the “proof-of-work” consensus model started to drain too much energy. This resulted in a massively negative impact on the environment, leading people to look for alternative solutions. Among them, Bitcoin.ℏ has emerged as the
Cryptocurrencies could be poised for a massive price recovery as President Donald Trump prepares to speak with Russian President Vladimir Putin about a potential Ukraine peace deal. With geopolitical tensions influencing investor sentiment, crypto price movements could see significant volatility. Will a breakthrough in negotiations spark a bullish surge, or will uncertainty keep prices fluctuating?
Cryptocurrencies Price in Focus Ahead of Trump-Putin Talks on Ukraine
According to Bloomberg, President Trump is scheduled to speak with Putin on Tuesday and has expressed optimism about a possible resolution to the Russia-Ukraine war. He stated there is a “very good chance” of reaching a positive outcome.
However, White House officials, including National Security Adviser Mike Waltz, have acknowledged major hurdles in achieving a ceasefire.
Geopolitical uncertainty often weakens the price of risk assets like cryptocurrencies and stocks. Therefore, if there is a breakthrough in the matter, it could be bullish for Bitcoin and altcoins.
At press time, traders appear skeptical of a peaceful resolution to the war. The Nasdaq and S&P 500 futures have declined as analysts flip bearish on the US stock market. Bitcoin price has also dropped slightly by 1.3% to around $83,600.
Russia-Ukraine Deal is Bad for US Dollar But Good For Crypto
The end of the Russia-Ukraine war may be bad for the US dollar, which is already underperforming against other major currencies due to Trump’s tariff war. However, a weaker US dollar will be good for cryptocurrencies price as traders seek out other safe havens.
Trump’s tariff war has stirred economic uncertainty and reduced reliance on the dollar. Meanwhile, the possibility of the end of the Russia-Ukraine war has boosted the price of European currencies, leading to the US dollar index falling to a five-month low.
US Dollar Index
If investors anticipate a short-term weakening of the US dollar, it may lead to capital rotation into cryptocurrencies as traders hedge against currency devaluation, leading to higher price moves.
Will Trump-Putin Meeting Push Bitcoin Price to $90,000?
Bitcoin price trades at $83,065 today with a marginal 0.5% increase in 24 hours. BTC is at a pivotal point where a breakout from a symmetrical triangle pattern on the four-hour price chart will determine the next move.
Crypto analyst Carl Moon notes that if BTC breaks above the upper trendline of this triangle, it could trigger a bullish Bitcoin price prediction and a 12% rally toward $94,000. This rally could be supported by a successful outcome from Tuesday’s meeting, leading to price gains across the cryptocurrencies market.
Conversely, if this uptrend fails and BTC price drops, it will result in another downtrend, possibly to the $72,000 price level.
BTC/USDT: 4-Hour Chart
Besides the bullish technical outlook, whales also seem to be accumulating BTC. This follows the recent purchase of $10M Bitcoin by MicroStrategy. This suggests whale positioning ahead of the Trump-Putin meeting.
#Crypto #Bitcoin #BTCUSDT #BTC pic.twitter.com/HqVSpcTfgM
(@CryptoFaibik) June 9, 2025
