The Shiba Inu community is once again mirroring optimism amid a massive 3,800% burn rate recorded on Thursday. On-chain metrics have revealed that 284 million SHIB got destroyed in the last 24 hours, suggesting a bullish outlook for long-term price prospects. SHIB price is currently trading around the $0.000013 price level, with the crypto holding support at $0.000012.
Shiba Inu Burn Rate Soars 3900% As 284M Coins Destroyed
According to the official tracker Shibburn’s data on May 1, the Shiba Inu burn rate sky shot by a whopping 38299% in just 24 hours. As per the data, this massive surge came against the backdrop of 283.74 million tokens ditched from the supply intraday.
Source: Shibburn official site
Primarily, the wallet address 0x6081258689a75d2…887239fe was reported to be responsible for the lion’s share in the burn upswing as it solely burnt 263.70 million SHIB over the past day. In the upshot, broader market sentiments about such massive burns remain bullish, given the law of supply and demand.
It’s notable that the SHIB burn mechanism permanently reduces the supply by sending tokens to a null address, making their retrieval impossible. In turn, the meme coin’s supply takes a severe hit, and long-term price prospects also reflect optimism.
SHIB Price Still Waning
However, despite the massive burn rate surge, SHIB coin’s price has prevented any major gains and continued its consolidation today2. At the time of reporting, the meme coin rested at $0.00001331, maintaining a trading session around the previous day’s levels.
Notably, the short-term impact of such massive burns is usually negligible, although historical data shows that it is bullish for long-term prospects. A total of 410.73 trillion tokens have been burnt to date, thanks to the Shiba Inu burn mechanism. Besides, 584.41 tokens are still left in circulation, per the tracker’s data.
A SHIB price prediction by CoinGape in the interim revealed that the meme coin eyes a price rally shortly ahead. This bullish projection rides the back of strong technicals and bullish on-chain metrics. Notably, the dog-themed crypto is currently in an accumulation zone and the next key level to watch is $0.00001364. Overall, broader market sentiments orbiting the meme coin remain bullish amid rising Shiba Inu burn rates and other bullish dynamics.
The XRP community is rife with speculation after Ripple’s CEO, Brad Garlinghouse, stated that Ripple’s goal is not to integrate with SWIFT but to outpace the traditional network and capture its trillion-dollar cross-border payments industry. If this happens, the XRP price would record an explosive rally, but how high would it rise? Let’s explore.
XRP Price Today
XRP value today trades at $2.28, with a daily high of $2.35 and a low of $2.25. The second-largest altcoin recently formed a higher high, which may have kickstarted an uptrend, with traders eagerly watching whether it will overcome the uncertainty in the broader market and push higher.
XRP/USDT: 4-Hour Chart
However, despite XRP price remaining at weekly range highs, trading volumes had declined by 4% to $3.9 billion at press time per data from CoinMarketCap, suggesting that the recent buying pressure driven by ProShares XRP ETF news might be fading. Nevertheless, Garlinghouse’s comments on Ripple’s plans to overtake SWIFT may spark the next XRP bull run.
Ripple Wants To Capture SWIFT’s Trillion-Dollar Cross-Border Payments Industry
Ripple’s CEO was speaking during an interview with Fox Business, where he stated that there was a “massive” opportunity for the company in the cross-border payments industry. Despite SWIFT dominating this sector, Ripple notes there is a gap that can be filled by modernising it to achieve more efficiency and boost value for XRP price. He said,
“The market opportunity here is massive. You have trillions of dollars flowing across borders globally. It’s still dominated by the SWIFT network, and that’s a technology architecture that was developed 50 years ago. There is an opportunity to modernise.”
This statement suggests that Ripple plans to leverage blockchain technology to boost efficiency in the cross-border payments industry by replacing SWIFT’s old technology. If Ripple successfully taps this trillion-dollar market, it could spark massive gains for the XRP price.
How High Can XRP Price Rise?
XRP price will make an explosive rally if Ripple manages to capture the global cross-border payments industry, which is valued at more than $194 trillion and estimated to reach $320 trillion by 2032. However, considering that SWIFT has been operational for decades, replacing it could take several years.
However, even if Ripple captures just a fraction of this industry, say $20 trillion, the XRP price could explode. Grok3 uses liquidity and XRP’s 58 billion circulating supply to estimate that,
“If XRP captures $20 trillion of the $194 trillion global cross-border payments industry, its price could rally to approximately $48.89 per token based on utility-driven demand.”
Meanwhile, DeepSeek projects that Ripple capturing SWIFT’s trillion-dollar industry would also spark adoption from banks and other payment providers, in which case the XRP price could skyrocket to $34.
Considering the above XRP price prediction, it is clear that if Ripple were to capture even a small fraction of SWIFT’s cross-border payments, this token could register over 15x gains within a short time. This indicates that cross-border payments is one of the major industries that Ripple needs to tap into to derive value for XRP.
Summary
XRP price will make explosive gains if Ripple is successful in overtaking SWIFT and dominating the cross-border payments industry. If Ripple taps a tiny fraction of this industry and processes around $20 trillion payments annually, XRP could soar nearly 15 times, which will result in a surge in market cap and see the token dominate the crypto market.
Meme coins have had a slow day despite the broader market showing bullishness. However, small-cap token Rekt managed to post gains, leading the joke tokens.
BeInCrypto has analyzed two other meme coins for investors to watch, assessing their potential direction and what trends may follow.
MELANIA’s price surged 7.4% in the last 24 hours, driven by anticipation surrounding the upcoming TRUMP dinner. As a meme coin tied to US President Donald Trump’s wife, MELANIA, is likely to react to events involving Trump, reflecting investor sentiment and speculation around political developments.
The meme coin is forming a bullish RSI divergence, which signals potential upward movement. This suggests MELANIA could break the $0.37 resistance level, continuing its rise and possibly reaching $0.42. The price action indicates growing optimism among investors, who expect further upward momentum based on recent trends.
However, MELANIA faces challenges if the broader market downturn persists. Should the price fail to hold above the $0.34 support, the altcoin could experience a decline, potentially slipping to $0.31. A sustained downturn would invalidate the bullish outlook, prompting profit-taking and further price weakness.
MUBARAK price is up by 14% over the last 24 hours, preparing to breach the critical $0.0667 resistance level. The Parabolic SAR indicator positioned below the candlesticks provides a bullish outlook for the meme coin, suggesting that upward momentum could continue as it approaches the key resistance.
If MUBARAK manages to breach the $0.0667 barrier, it is likely to rise towards the $0.0885 resistance level. This move would signal continued gains for investors, reinforcing the current bullish sentiment and offering opportunities for further profit-taking as the price reaches new highs in the near term.
However, MUBARAK has previously struggled to breach the $0.0667 resistance level, which may pose a challenge again. If the price fails to break above this level, MUBARAK could fall back down to $0.0435. In such a scenario, the meme coin could consolidate above this support level, potentially delaying any further upward movement.
REKT has emerged as the best-performing meme coin today, posting a 24.5% rise, trading at $0.000000262. The bullish momentum is driven by strong investor interest, with over 78% of its 17,525 holders owning more than $10 worth of REKT. This indicates solid support for the token’s continued uptrend.
The strong backing from investors is essential for REKT’s upward movement. Currently facing resistance at $0.000000286, breaching this level will allow the meme coin to move toward $0.000000330. A successful breakout above this resistance will likely drive further investor confidence and fuel the ongoing bullish trend.
However, if REKT fails to break through the $0.000000286 resistance, it could fall back to $0.000000199. This would reverse the recent gains and invalidate the bullish outlook. The failure to overcome this resistance level may lead to profit-taking by investors and a pullback in price.
The aforementioned emerging projects offer streamlined solutions with real utility—whether it’s Bitcoin-based meme trading, meme coin staking, or one-click token creation. As the market moves forward, these three stand out as some of the best cryptos to buy now for those chasing performance without Ethereum’s bloated structure and developer hurdles.
Vitalik Buterin warns Ethereum is too complex—could simpler alternatives take the spotlight?
Ethereum’s price and philosophy are facing a critical moment. The network’s co-founder, Vitalik Buterin, has expressed concerns about Ethereum’s increasing complexity. He declared that Ethereum has become “needlessly complicated” and needs to be simplified urgently.
This comes when ETH is trading near crucial support levels, with investors watching closely to see if it can reclaim the $1,880 mark. A successful push above this zone could ignite a much-needed rally.
However, as Ethereum fights to overcome both technical and structural issues, investor attention is starting to shift. The very complexity Buterin warns about is pushing users and builders alike to look for simpler, more streamlined networks that are easier to use, more transparent, and developer-friendly from day one.
While Ethereum’s long-term potential is real, Bitcoin Pepe, CarterFi, and PepeX offer simpler protocols with long-term returns.
Bitcoin Pepe is turning Bitcoin into a meme coin powerhouse
Bitcoin Pepe is an ETH alternative creating a meme coin system similar to Solana on top of Bitcoin’s unmatched security. This project is a Layer-2 revolution. With lightning-fast transactions and a smooth user experience, Bitcoin Pepe brings the performance of Solana directly to Bitcoin’s foundation, unlocking new utility that the market has never seen before.
The real breakthrough lies in Bitcoin Pepe’s creation of the PEP-20 token standard—a Bitcoin-native framework similar to Ethereum’s ERC-20. This innovation allows for the seamless launch of new tokens directly on Bitcoin’s Layer 2 network.
For investors, this opens up access to meme coin trading without needing to bridge assets or leave the safety of the Bitcoin ecosystem. Bitcoin Pepe presents the opportunity to convert more than $2 trillion in unused Bitcoin capital into high-growth assets for the first time.
So far, the presale has already brought in over $7.7m from early buyers, with the token currently available at just $0.031. As the meme coin trend picks up steam again in 2025, Bitcoin Pepe stands out as the best crypto to buy now, both for its branding and for building the rails that could power the next cycle.
CartelFi brings passive yield to the meme coin bull cycle
Historically, meme coins have delivered some of the most significant returns when fresh capital floods into crypto. But this time, a major innovation is changing how meme coin investors prepare—and profit. CartelFi is turning unproductive meme holdings into high-yielding assets through its groundbreaking staking pools.
Instead of waiting for meme coins to pump, CartelFi users can now earn steady returns on their bags. These staking pools offer a range of options, from single-asset meme coin staking to stablecoin and large-cap token pair staking.
What makes CartelFi’s model truly revolutionary is its reward system. Investors who lock up the native CARTFI token get boosted APY, with returns as high as 1,000%, depending on the duration and the amount staked.
Currently, CARTFI is priced at just $0.045 and has raised $1.7m to date. With 30 presale stages and a 5% price increase at each stage, the potential upside for early investors is massive.
PepeX revolutionizes meme Coin launches with AI-driven fair launches
PepeX is garnering attention in the meme coin community due to its innovative branding and cutting-edge technology. As the first AI-backed token launchpad, PepeX gives anyone the tools to create and fund a crypto project in minutes. Its AKIRA AI engine handles everything from deployment to growth, breaking the usual barriers that favor venture capitalists and gatekeepers.
What sets PepeX apart is its radical fairness. The “5/95” model limits founders to just 5% of the total supply, ensuring that 95% goes directly to the community. This approach eliminates the threat of large insider dumps and puts power in the hands of everyday investors. Combined with anti-sniping tools and transparent on-chain systems, PepeX is redefining what fair launches should look like.
The project has raised over $2.1m in its public presale in just weeks. PEPX is currently priced at $0.0255, with prices set to rise in future stages. With this momentum, PepeX is becoming the infrastructure behind the next generation of crypto.
Time to switch from ETH to simpler alternatives?
The crypto market is shifting gears fast. Ethereum once set the standard, but even its creator, Vitalik Buterin, now warns that the network has become needlessly complex. This opens the door for leaner, faster, and more user-focused alternatives. Bitcoin Pepe brings Solana-style speed to Bitcoin. CartelFi gives meme coins utility through high-yield staking. PepeX democratizes capital with AI-powered token launches. These three may lead to the next breakout for those hunting for the best crypto to buy now.
The post Best Crypto to Buy Now Offering Simple ETH Alternatives appeared first on Coinpedia Fintech News
The aforementioned emerging projects offer streamlined solutions with real utility—whether it’s Bitcoin-based meme trading, meme coin staking, or one-click token creation. As the market moves forward, these three stand out as some of the best cryptos to buy now for those chasing performance without Ethereum’s bloated structure and developer hurdles. Vitalik Buterin warns Ethereum is …
