“Ripple can, will, and should act in its own interest,” said David “JoelKatz” Schwartz in response to criticism regarding the firm’s XRP sales.
Ripple Labs is free to sell XRP tokens to raise operational capital, according to comments from the company’s chief technology officer. His remarks have sparked concerns among cryptocurrency investors.
“XRP isn’t a security because Ripple doesn’t actually owe you ‘utility’ or anything else,” Pierre Rochard, vice president of research at Riot Platforms, wrote in a March 5 X post.
“They are free to dump on you and you have no right to do anything about it other than join them in dumping XRP,” Rochard said, cautioning that investors are “not investing in Ripple,” just “getting tokens created out of thin air dumped on you.”
On April 20, Dogecoin enthusiasts worldwide united to mark Dogeday, a community-driven holiday celebrating the world’s most recognizable meme coin.
While the festivities showcased the coin’s loyal fanbase and cultural relevance, the celebration failed to spark any meaningful market movement.
Dogeday Fails to Lift Dogecoin Price as Traders Face $2.8 Million in Liquidations
Instead of riding a wave of positive sentiment, Dogecoin was the worst-performing asset among the top 20 cryptocurrencies during the past day.
According to data from BeInCrypto, the token dropped over 2.5% during the reporting period compared to the muted performance of the general market.
This disappointing performance led to roughly $2.8 million in liquidations, with traders betting on an upward price movement losing more than $2 million, per Coinglass figures.
However, even with the lackluster price action, Dogecoin’s relevance in the crypto ecosystem remains undeniable. Launched in 2013 as a parody of Bitcoin, DOGE has grown far beyond its meme origins.
The digital asset is now the ninth-largest cryptocurrency by market capitalization, currently valued at approximately $22.9 billion, according to CoinMarketCap.
On social media, Dogecoin continues to lead the memecoin narrative. According to CryptoRank, it was the most mentioned memecoin ticker on X (formerly Twitter) in the past month. This visibility continues to fuel both community engagement and investor interest.
If granted, these financial investment vehicles could become the first exchange-traded funds centered entirely on a meme coin.
Considering this, crypto bettors on Polymarket put the odds of these products’ approval above 55% this year. This optimism reflects a growing belief that Dogecoin could soon secure a place in mainstream financial markets.
dYdX Trading Inc. (“dYdX”) today announced the strategic acquisition of key business teams from the dYdX Foundation, including Marketing, Business Development, and Solutions. This move marks a significant milestone in aligning go-to-market efforts more closely with product and engineering.
The acquisition is designed to create tighter integration between growth and product functions, enabling dYdX to run more effective, data-driven GTM campaigns for major feature and product launches. By embedding marketing and business development directly alongside engineering, dYdX aims to shorten feedback loops, increase launch velocity, and deepen ecosystem engagement across global markets.
This shift comes at a pivotal moment, as dYdX is actively developing several transformative product upgrades, including Spot Trading, Multi-Asset Margining, and EVM Support. These launches represent critical steps in expanding the platform’s utility and accessibility, making deep coordination across teams more important than ever.
“Product-led growth demands close integration between product and growth teams. This acquisition enables dYdX protocol to build, launch, and scale more effectively as we pursue our most ambitious roadmap to date,” said dYdX Founder Antonio Juliano.
The transition will ensure continued support for partners, traders, and ecosystem contributors while unlocking new synergies between product innovation and market adoption.