Pepe (PEPE) experienced a significant 20% price correction after the TD Sequential indicator flashed a sell signal on its 12-hour chart. However, recent developments suggest that PEPE might be on the verge of a recovery, as the same indicator now presents a buy signal, fueling optimism for a potential rebound.
At press time, PEPE was trading at $0.00001745, having seen a slight 1.89% drop over the last 24 hours. As traders assess PEPE’s next move, key resistance levels and support zones are under intense scrutiny to gauge whether the token can regain bullish momentum or face further consolidation.
PEPE is holding above its crucial $0.00001662 support level, which remains pivotal for any potential upward movement. The next major resistance level lies at $0.00002200, a key hurdle for traders to monitor. Currently, the Relative Strength Index (RSI) sits at 41.59, indicating that PEPE is in an oversold condition. This suggests an opportunity for buyers to accumulate, but the token must break the descending trendline to confirm a bullish reversal. Failing to maintain support could push PEPE into another downward spiral.
Undervaluation and Buying Opportunity
PEPE’s Market Value to Realized Value (MVRV) ratio recently dropped to 41.92%, signaling that the token might be significantly undervalued. With most holders sitting at a loss, this could represent a favorable buying opportunity for new investors. However, a rally will require stronger market confidence, and a surge in buying pressure could push PEPE higher, but sustained momentum will be necessary to solidify gains.
Source: Santiment
Retail Activity and Market Imbalances
PEPE’s daily active addresses remain moderate at 4,583, indicating limited retail activity. Interestingly, transactions in the $10-$100 range have surged by 66.67%, showing growing interest from smaller investors. This retail-driven activity might offer short-term support, but larger investor participation is crucial for a lasting rally.
Source: IntoTheBlock
Additionally, liquidation data reveals a market imbalance, with long liquidations at $410.98k compared to shorts at $114.55k, suggesting heightened volatility. As short-sellers cover positions, PEPE could see a temporary upward push, but broader market conditions will play a key role in sustaining any recovery.
In conclusion, PEPE’s future price action hinges on its ability to break resistance at $0.00002200 and maintain support at $0.00001662. A boost in retail activity and overall market confidence will be crucial for a sustained rally.
In the crypto market, a new generation of on-chain banking products is currently taking shape. Highlighting this evolution, EVAA Protocol, the first and leading DeFi protocol on TON, is hosting deFINTECH, a legendary side event of TOKEN2049 Dubai, in collaboration with TAC, the Layer 1 TON EVM network extension that connects the TON blockchain with Ethereum apps, allowing Telegram users to access popular EVM applications directly from their TON wallet.
The event is supported by key partners, including sponsor Ston.fi, the leading DEX on the TON blockchain, and media partners BeInCrypto and INCRYPTED, providing official media coverage. The curated gathering will take place on April 30, 2025, from 2 PM to 6 PM at DAOS HUB Dubai, deFINTECH’s official venue partner.
deFINTECH brings together the builders, product leaders, and fintech visionaries who are actively reimagining the future of banking on blockchain rails. The event focuses on envisioning on-chain neo-banking—financial services built natively on-chain and natively integrated into everyday platforms like Telegram. This includes exploring stablecoin payments, Telegram-native wallets, tokenized vaults, and intuitive on-chain yield tools.
Hosted by EVAA Protocol, deFINTECH highlights the platform’s dedication to DeFi accessibility and efficiency. EVAA provides liquidity market solutions and leveraged staking strategies, integrated deeply with Telegram and top-tier TON applications like Tonkeeper, Notcoin, Ston.fi, FIVA, TG Wallet, and DeDust. This creates a frictionless experience for users to borrow, lend, and earn yield on TON.
Why deFINTECH Matters
With Telegram’s crypto ecosystem gaining significant traction and stablecoins becoming a preferred medium for payments and savings, particularly in emerging markets, novel opportunities are arising at the intersection of Web3, embedded finance, and real-world adoption. deFINTECH serves as a dedicated venue for those pioneering this transformation.
The event is designed for founders and product leads building on-chain fintech solutions alongside wallet teams, L1/L2 ecosystem developers, and Web3 banking infrastructure builders. It also brings together investors, early adopters in social finance and DeFi, institutional players exploring on-chain finance, media, and strategic contributors focused on this evolving sector. With 150–190 highly relevant guests expected, the event fosters an atmosphere centered on valuable connections and substantive discussions.
One unique aspect of deFINTECH is that it moves away from traditional conference formats. Instead of stages and panels, the event prioritizes meaningful dialogue, fosters early-stage collaboration, and encourages product-first conversations. The goal is to create an atmosphere where genuine connections are made and practical solutions for the future of on-chain finance are discussed. deFINTECH offers a focused environment for meaningful connections and strategic dialogue during the busy TOKEN2049 week. Attendance at the event is by invitation only.
What To Expect
Attendees can anticipate an afternoon centered around direct interaction and collaboration. The format includes focused roundtable discussions exploring the future of neo-banking and DeFi user experience. There will also be opportunities for live demos and product showcases presented in a casual, off-stage setting.
Attendees can also expect to participate in open networking with other participants, ensuring valuable interactions without superfluous presentations. deFINTECH cultivates a culture of co-creation, inviting attendees to actively take part in shaping the conversation rather than passively consuming content. The agenda features focused discussions, including insights from venture capital, partner spotlights, and collaborative talks, all interwoven with ample networking time.
The Venue: DAOS HUB Dubai
deFINTECH will be hosted at DAOS HUB Dubai, serving as the event’s official venue partner. Located in the heart of Dubai, DAOS HUB is a purpose-built ecosystem that provides a space where Web3 builders, contributors, and innovators can collaborate and grow. Its mission is to create an ideal environment for Web3 startups to thrive through network-native connections and curated access, making it a fitting backdrop for the event’s forward-looking conversations. The event runs from 2 PM to 6 PM on April 30, 2025.
“Web3 doesn’t need another conference. It needs a product room,” said Vlad Kamyshov, CEO of EVAA Protocol.“At deFINTECH, we stop pitching dreams and start building real tools — right inside Telegram, where our users already are. We believe stablecoin payments, Telegram-native wallets, and on-chain yield tools can reimagine banking—making it open, permissionless, and composable. This isn’t just a trend — it’s a movement. Our goal is to bring together the builders and visionaries shaping the next financial layer.”
For those actively working on Telegram-based payment rails, secure yield vaults for stablecoins, or compliance-friendly DeFi applications, deFINTECH offers a unique space to connect, collaborate, and contribute to the next wave of financial innovation.
XRP continues its decline, falling 10% over the past week as bearish momentum strengthens.
The fourth-largest cryptocurrency by market capitalization remains under pressure, with waning buying interest hinting at the possibility of further losses.
XRP’s Outlook Worsens as Buying Pressure Fades
Since reaching an all-time high of $3.40 on January 16, XRP has remained mostly within a descending parallel channel. This is a bearish pattern formed when an asset’s price moves between two downward-sloping parallel trendlines, indicating a downtrend.
When an asset’s price trades within this channel, it marks a period of decline during which sellers dominate, and buying activity is low. This has put significant downward pressure on XRP’s price in the past month.
XRP currently trades at $2.11, exchanging hands below its 20-day exponential moving average (EMA). This key moving average measures the asset’s average price over the past 20 trading days, giving more weight to recent prices to reflect short-term trends.
When an asset’s price falls below its 20-day EMA, it suggests that selling pressure is strong and the asset is in a bearish phase. This signals continued downside momentum for XRP unless buying interest increases to push the token’s price back above the EMA.
Further, XRP’s Chaikin Money Flow (CMF) is currently in a downtrend and is poised to breach its zero line. This indicator, which measures money flow into and out of an asset, is at 0.02 as of this writing.
When an asset’s CMF attempts to fall below zero, it reflects the weakening buying pressure and increasing selling dominance. This suggests that money is flowing out of XRP rather than into it, reinforcing the bearish outlook.
XRP Faces Bearish Pressure: Could It Crash to $1.47?
XRP risks dropping below $2 if new demand remains insignificant. In that scenario, it could plummet to $1.47, a low it last reached in November.
On the other hand, if selling pressure wanes and XRP sees an uptick in buying activity, it could push its price past the resistance at $2.81 toward the $3.40 all-time high.
Since its launch in late March, World Liberty Financial’s stablecoin USD1 has achieved an impressive market capitalization, reflecting strong investor interest. If the creators want to maximize USD1’s reach by accessing markets abroad, particularly in Europe, they must confront MiCA’s extensive compliance list.
In a BeInCrypto interview, experts from Foresight Ventures, Kaiko, and Brickken stressed the importance of stablecoin issuers having substantial European bank reserves, operational volume caps protecting the euro, and transparent USD1 information to ensure transparency and avoid conflicts of interest.
USD1’s Search for Dollar Dominance
World Liberty Financial (WLF), a decentralized finance (DeFi) project heavily associated with the Trump family, officially launched USD1 a month ago. Through this stablecoin, WLF aims to promote dollar dominance worldwide.
So far, this initiative has been working well for WLF. According to CoinGecko, USD1 has now surpassed a market capitalization of $128 million and reached a 24-hour trading volume of nearly $41.6 million. The project has already released 100% of its total supply of 127,971,165 tokens.
USD1’s market capitalization over the past 24 hours. Source: CoinGecko.
For WLF to seriously establish dollar dominance across the globe, it will have to move fast and efficiently. This urgency stems from the need to surpass its main competitors, USDT and USDC. These rivals currently hold a massive market share advantage.
Additionally, there’s a need to maintain a competitive advantage against established currencies like the euro.
USD1 needs to access foreign markets and stand out from established competitors to achieve this. Should Europe become a primary target, USD1 must prepare to tackle numerous challenges head-on.
The EU’s Stringent Compliance Demands
The European Union (EU) became the first jurisdiction in the world to establish a comprehensive regulatory framework for digital assets across its 27 member states. This regulation, known as Markets in Crypto-Assets (MiCA), has been in effect for nearly four months. Through this legislation, the EU has confirmed how seriously it takes compliance with a defined regulatory regime.
The regulation is detailed and clear, leaving no room for interpretation. If USD1 wants to operate in this crypto market of 31 million users, it must ensure it meets every demand.
US Senators Flag Risks of Presidential Involvement in USD1
In the letter, the group asked both agencies to clarify how they plan to uphold regulatory integrity following the issuance of USD1.
The Senators cautioned that letting a president personally benefit from a digital currency overseen by federal agencies he has sway over is a big risk to the financial system. They argued that an unprecedented situation like this one could hurt people’s trust in how regulations are made.
“The launch of a stablecoin directly tied to a sitting President who stands to benefit financially from the stablecoin’s success presents unprecedented risks to our financial system,” they argued.
The letter further detailed situations where Trump could directly or indirectly affect decisions regarding USD1.
As things stand, USD1 isn’t well-prepared to follow MiCA’s strict reporting and transparency rules.
How Do Concerns Over USD1 Impact MiCA Acquisition?
According to Ianeva-Aubert, if USD1 doesn’t clear up doubts over potential conflicts of interest, this would affect its ability to apply for an operating license in the European Union.
“MiCA requires strong governance, including independent directors and clear separation between owners and managers. Issuers must have clear rules to handle conflicts of interest. If USD1 has any conflicts, this could make it harder to comply,” she said.
Ianeva-Aubert also highlighted that WLF still hasn’t released enough public information on USD1 to assess the degree of its compliance effectively. In particular, the stablecoin issuer has not disclosed the measures it would take to safeguard against market manipulation.
As of now, USD1 would likely fail MiCA’s transparency tests. However, industry experts pointed out other parts of the framework that might be even larger obstacles for USD1 to operate across the European Union.
Impact of the EU’s Reserve Mandate on USD1
When asked about the biggest regulatory hurdles USD1 would face in securing a MiCA license, experts’ responses were unanimous. The stablecoin would need to store a large portion of its reserves in a European bank.
This mandate has proven difficult for established stablecoin issuers seeking operations across the region.
This regulation aims to ensure seamless accessibility for European crypto users and traders. For Forest Bai, Co-founder of Foresight Ventures, USD1 could capitalize on this opportunity during the early stages of its development. By doing so, it could avoid some of the obstacles its competitors had to endure.
Yet, even as USD1 scales and its demand grows, other mandatory requirements could restrict its scope of success.
MiCA’s Transaction Volume Caps to Preserve Euro Dominance
As part of the MiCA regulation, the European Union has taken specific measures to safeguard the euro’s dominance. If a digital currency not denominated in euros were to become extensively adopted for daily payments within Europe, it could present a potential risk to the European Union’s financial sovereignty and the stability of the euro.
To contain this possibility, MiCA places volume caps on transactions used as a means of exchange within the EU.
In other words, MiCA establishes predefined limits on the transactional volume of such currencies. The EU initiates regulatory measures when these limits are exceeded due to widespread payment usage.
Specifically, USD1 issuers must suspend any further digital currency issuance and provide a remediation plan to the relevant regulator, outlining steps to ensure their usage does not negatively impact the euro.
If USD1 wants to work in places where it can experience uninhibited growth, the European market might not be the best fit for this stablecoin. Other parts of MiCA also suggest this could be the case.
MiCA Limitations to Stablecoins as Investment Vehicles
EU regulators have been clear that stablecoins, or e-money tokens (EMTs), as the regulation refers to them, are payment instruments that should not be confused with investment vehicles. The MiCA framework has a few rules in place to prevent this.
Given the circumstances, experts like Bai think WLF might want to focus on countries with better market conditions for stablecoin issuers.
Should WLF Consider the EU Market for USD1 Operations?
While the European Union has an undeniable crypto market presence, other jurisdictions have an even larger footprint.
”The EU’s crypto market remains comparatively small, with just 31 million users versus Asia’s 263 million and North America’s 38 million users, according to a report from Euronews. This limited market size may not justify MiCA compliance costs for projects, like WLFI,” Bai told BeInCrypto, adding that “Projects ultimately determine their own growth strategy. Given that, currently, the EU represents a secondary market for USD1, the project’s strategic priorities may naturally shift toward regions with less stringent stablecoin regulations to drive its adoption.”
These circumstances alone may prompt USD1 to reconsider its options.
In fact, USD1 could start by gaining a competitive edge right at home.
USD1’s Political Backing at Home
With a crypto-friendly president in office –whose very crypto project officially announced the launch of USD1– the stablecoin has sufficient backing to make its mark.
Looking past the immediate future, Bai underlined that if the US doesn’t keep developing supportive crypto regulations, USD1’s growth in the country could be held back following a government shift.
Given this reality, USD1’s failure to comply with the EU’s regulations, should it ever even consider applying for a MiCA license in the first place, could have negative consequences for the project’s long-term viability.
Regardless of the markets WLF evaluates in its efforts to increase the reach of USD1, compliance with general stipulations concerning transparency, legal architecture, and real-time transaction oversight could be conducive to its eventual success.
