Pepe (PEPE), the world’s third-largest meme coin, is gaining significant attention from the crypto community due to its impressive upside momentum despite the ongoing bearish market sentiment. On March 8, 2025, while top assets like Bitcoin (BTC), Ethereum (ETH), and XRP are witnessing price declines, PEPE has defied the market trend, registering an impressive 7.5% gain in the past 24 hours.
Current Price Momentum
With this impressive upside momentum, PEPE is currently trading near $0.0000073. Meanwhile, its trading volume has surged by 60% over the same period, indicating heightened anticipation from traders and investors compared to the previous day.
PEPE Price Action and Upcoming Levels
This price surge has pushed the meme coin to the upper boundary of its consolidation range, positioning it for a potential breakout. According to CoinPedia’s technical analysis, PEPE is trading within a narrow zone between $0.0000064 and $0.00000738. However, with today’s price surge, the meme coin is on the verge of breaking out of this pattern.
Source: Trading View
Based on recent price action and historical momentum, if PEPE breaches this range and closes a daily candle above the $0.0000074 level, there is a strong possibility that it could soar by 40%, reaching $0.0000105 in the coming days.
Despite the recent price gain, the asset is still trading below the 200 Exponential Moving Average (EMA) on the daily timeframe, indicating that it remains in a downtrend.
Traders Bullish Outlook
Data from the on-chain analytics firm Coinglass reveals that bulls are currently dominating the meme coin, as they seem to be strongly betting on the long side. PEPE’s exchange liquidation map shows that $0.00000693 and $0.00000735 are key levels where traders holding long and short positions are over-leveraged.
Source: Coinglass
Currently, they have $1.80 million worth of long positions and $615K worth of short positions. This data clearly showcases that bulls are strong and appear to be supporting the meme coin’s continued upside momentum.
The long-running legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has officially come to an end, as confirmed by Ripple CEO Brad Garlinghouse just a few days ago.
While the announcement was met with celebrations among Ripple supporters and the broader crypto community, the XRP price failed to react as positively as expected. This muted response has led to growing anticipation and calls from XRP enthusiasts for an official statement or confirmation from the SEC.
Adding to the intrigue, an unusual filing recently appeared in the SEC vs. Ripple docket. A man named Justin W. Keener submitted an emergency request seeking to “present decisive evidence in favor of the defendants and in favor of liberty for the American people.”
The letter, however, left many questions unanswered. It doesn’t clearly specify what the so-called ‘decisive evidence’ entails or how it would benefit Ripple’s case. Keener hints that the evidence may relate to physical investment contracts he has been collecting, though details remain scarce.
In response, the SEC has filed an opposition to Keener’s request. According to Fox Business’ Eleanor Terrett, the SEC argues that the motion should be denied for several reasons. First, they claim the District Court no longer has jurisdiction over the matter since the case has moved to the Second Circuit.
NEW: The @SECGov has just filed an opposition to that “emergency request to present decisive evidence” in favor of @Ripple we saw filed last week by one Justin W. Keener.
Second, they assert that Keener failed to file the proper motion to intervene in the case. Lastly, the SEC contends that the request is unnecessary because Ripple is fully capable of deciding for itself whether the evidence in question could be helpful.
The SEC is now asking Judge Analisa Torres to dismiss Keener’s request entirely, arguing that it holds no legal standing and that the case has already reached a conclusion.
The post XRP Lawsuit News: SEC Opposes Emergency Request for ‘Decisive Evidence’ in Ripple Case appeared first on Coinpedia Fintech News
The long-running legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has officially come to an end, as confirmed by Ripple CEO Brad Garlinghouse just a few days ago. While the announcement was met with celebrations among Ripple supporters and the broader crypto community, the XRP price failed to react as positively …
Paul Atkins has formally taken office as the 34th Chairman of the US Securities and Exchange Commission (SEC). The new pro-crypto SEC Chair is expected to hit the ground running with clear regulations in his second stint at the Commission.
Paul Atkins Begins Tenure As New SEC Chair
According to an SEC press release, Paul Atkins has taken over the reins of control at the US SEC. Per the statement, Atkins has taken the oath of office as the 34th SEC Chair after an edgy wait.
Atkins earned a nomination by US President Trump in mid-January before clinching a US Senate confirmation as SEC chair. Following Atkins’ confirmation by the Senate, final paperwork and the Easter holidays delayed his assumption of office.
“I am honored by the trust and confidence President Trump and the Senate have placed in me to lead the SEC,” said Atkins.
Paul Atkins is making a return to the US SEC after previously serving as a Commissioner between 2002 and 2008. Armed with decades of capital market experience, Atkins is pledging to maintain a “fair, orderly, and efficient market” with investors’ protection at the core.
Pro-Crypto SEC Takes Charge – Here’s What To Expect
Right out of the bat, digital asset enthusiasts are buzzing with excitement as Paul Atkins begins his tenure. The pro-crypto SEC Chair is expected to fast-track clear digital asset regulatory direction for the securities watchdog.
Following his assumption of office, Paul Atkins may make an appearance at the SEC’s third crypto policy roundtable. If Atkins joins the roundtable, the new SEC Chair will be in the thick of things for discussions around crypto custody with representatives from Kraken and Fidelity in attendance.
Atkins will lead the securities regulator as the Commission’s case with Ripple enters its final stretch. Following the approval of a joint motion to suspend appeals, pro-XRP lawyer says there are “no more excuses for delays.”
Paul Atkins will face a mountain of paperwork from cryptocurrency exchange-traded fund (ETF) applications on his desk. Currently, over 17 XRP spot ETFs are awaiting approvals from the SEC, with a pro-crypto Chair tapped to lend support.
Atkins’ assumption of office comes on the heels of Oregon filing a securities enforcement action against Coinbase, leaning on an old playbook.
Paul Atkins’ connection to cryptocurrencies runs deep, with the new Chair holding nearly $6 million in digital assets. Early in the day, Coinbase announced support for Linked Reserve Rights connected to Paul Atkins.
Made in USA coins are drawing attention heading into the weekend, with five standout tokens leading the charge: EOS, ONDO, SUI, KAS, and EIGEN. EOS surged nearly 7% following a controversial $3 million purchase by World Liberty Financial, while ONDO remains a major RWA player despite short-term volatility.
SUI continues to ride momentum from its meme coin and DEX activity, and Kaspa (KAS) shows strong upside potential with a possible golden cross forming. Meanwhile, EigenLayer (EIGEN) is facing a sharp pullback but still holds bullish signals if support levels can hold.
EOS
EOS is up nearly 7% in the last 24 hours, sparked by World Liberty Financial’s surprise $3 million purchase of the token. The move has stirred controversy across the crypto community, especially given WLFI’s recent $125 million loss from allegedly selling ETH at a local bottom.
While some have raised concerns about potential market manipulation, there’s currently no hard evidence of foul play. EOS, which has spent much of the past year trading below $0.50, briefly surged over 9% following the news, reigniting interest in a project many considered dormant.
Technically, if bullish momentum persists, EOS could break above the key resistance level at $0.88. A clear breakout there may open the door for a run toward the psychological $1 mark.
However, if sentiment shifts and the rally fades, EOS could retest support at $0.663. A break below that would likely trigger further downside, potentially dragging the token back toward the $0.58 region.
Ondo Finance (ONDO)
Real-world asset (RWA) tokenization is gaining serious momentum. The sector reached an all-time high of $22.5 billion, up 5.87% in the last 30 days.
Private credit accounts for $13.1 billion of the total, highlighting growing institutional interest in bridging TradFi with blockchain infrastructure.
Amid this surge, ONDO has emerged as one of the largest players in the RWA space, despite its token price slipping over 3% in the past 24 hours. Still, ONDO is up 16.2% over the last month, reflecting sustained investor confidence in the narrative.
Looking ahead, if bullish sentiment returns, ONDO could test resistance at $1.04. A breakout above that level may push the price toward $1.20.
However, if the correction deepens, the token faces key support levels at $0.86 and $0.819.
Should the downtrend accelerate, ONDO may fall further to $0.73 or even $0.663, making short-term price action heavily dependent on whether the broader hype around RWA and Made in USA coins continues or fades.
SUI
SUI has been gaining traction in recent months thanks to its growing meme coin ecosystem and expanding DEX infrastructure.
While its DEX volume surged 36.7% over the past week, it recorded the smallest increase among the top eight chains and currently ranks sixth in total DEX volume.
Despite this, market interest remains strong, with SUI up 83% in the last 30 days—though it has cooled slightly, slipping 1.25% over the past week.
Technically, SUI’s EMA lines still indicate bullish momentum.
If buyers regain control, the token could test resistance at $3.89, and a breakout there may open the path toward $4.24.
On the downside, if SUI fails to hold support at $3.63, the next targets are $3.27 and potentially $2.92 in the event of further selling pressure.
Kaspa (KAS)
Kaspa (KAS) has delivered strong performance recently, climbing 18.5% in the last seven days and 56.7% over the past month. Its market cap now stands at $3.17 billion, even as 24-hour trading volume has dipped by 20% to $99.38 million.
EMA indicators suggest a potential golden cross formation, which could signal further upside. If momentum continues, KAS may test resistance at $0.155, and a successful breakout could push the price toward $0.188, making it one of the most interesting Made in USA coins for the weekend.
However, if the trend weakens, key support levels lie at $0.114 and $0.103. Losing those could trigger a deeper correction, with downside targets as low as $0.082.
Eigenlayer (EIGEN)
EigenLayer (EIGEN) has seen mixed price action this week—up 16% over the past seven days, but down 11% in the last 24 hours alone.
The recent drop pushed its price below $1.40 and dragged its market cap under the $400 million mark, signaling a potential cooldown after last week’s rally.
Despite the pullback, EIGEN’s EMA lines remain in a bullish formation. If the downtrend continues, the token may test key support at $1.22, with further downside possible toward $1.084 if that level fails.
However, if EigenLayer regains its prior momentum, it could retest resistance at $1.49, and a breakout there may pave the way for a move toward $1.63.
NEW: The 
