South Korea’s top five crypto exchanges will suspend WEMIX trading on June 2, causing the token to plunge over 60% to $0.2757 before recovering to around $0.36. This is the second time WEMIX has faced a group delisting. The DAXA exchange alliance said the decision was made due to WEMIX’s failure to meet listing standards. The move raises concerns over the token’s long-term credibility in the South Korean market.
Pepe Coin price may be on the verge of a parabolic bull run as whale activity suggests that large addresses are rapidly accumulating the meme coin. On-chain data shows that one of the largest PEPE addresses has withdrawn 1.5 trillion tokens from exchange giant Binance, a move that hints at a potential upward trend in the near future.
PEPE value today trades at $0.0000089 with a slight 1% gain in 24 hours. Data from CoinMarketCap reveals that at press time, PEPE had $425M in trading volumes, which was nearly three times higher than Shiba Inu.
Pepe Coin Price in Focus as Whale Withdraws 1.5 Trillion PEPE
Pepe Coin price eyes gains as data from on-chain tracker Lookonchain shows that an address holding $147M in assets has withdrawn 1.5 trillion PEPE tokens valued at around $13.3 million from Binance. The withdrawal comes as the meme coin records a drastic surge in the supply held on exchanges, an issue that could trigger a supply squeeze.
PEPE Whale Transfer
Data from Santiment also shows that the supply of Pepe Coin held on exchanges has plummeted to 107 trillion tokens, and it sits at the lowest level in one year. This falling supply is indicative of traders steadily withdrawing their coins from exchanges, an indication that a notable surge in demand could fuel a parabolic rally.
PEPE Supply on Exchanges
These withdrawals have coincided with a bullish Pepe Coin price forecast from analysts, with one stating that the meme coin may be on the verge of a 130% rally to $0.000021. The analyst based this prediction on the pending breakout from a descending trendline, which may spark the next PEPE bull run.
Key Prices Levels to Watch for PEPE
The daily price chart suggests that Pepe Coin may be at a pivotal point and eyes a breakout past major resistance levels. The first key resistance is the neckline of a massive double bottom pattern at $0.0000093, a level that PEPE has been teasing to breach for nearly two months.
If a breakout above this neckline is confirmed, and this top meme coin also makes a decisive close above the psychological level of $0.00001, it will spark a parabolic run to $0.00002, which aligns with analyst Dami DeFi’s prediction.
Conversely, if a bullish breakout fails and instead the PEPE price plunges, the key support level to watch is $0.00000587, a level that may wipe out all of the recent gains.
The RSI indicator is also a key metric to watch as it nears a pivotal point following a series of higher highs for most of this month. With the reading of 59, the RSI shows that the bullish momentum is strong, but if it continues with the downtrend and plunges below the signal line, it may create a sell signal and spark a steep decline in the price.
PEPE/USDT: 1-day Chart
To sum up, the recent withdrawal of 1.5 trillion PEPE tokens from Binance and the decline in supply on exchanges suggest that this meme coin may be on the verge of a supply squeeze that will spark an uptrend. Going by analyst projections and the double-bottom pattern formation, Pepe Coin price may soon surge to $0.000021.
The dips often lead to the ‘crypto to buy’ season, and the last few weeks have led to this time. The rising uncertainty amid the Trump tariff war affected investors’ sentiments and the crypto market, but recovery looms. The rising whale activity confirms the trend reversal and upcoming rally. Let’s discuss what to buy.
Whales Bet on Top Crypto to Buy
According to the popular analytics platform Santiment’s X post, the crypto whales are targeting the above $500 million market cap cryptos. More importantly, they clarified that these cryptos have higher chances of trend reversal, making the current time a good entry and crypto to buy.
Based on the whales’ activity, the best cryptocurrencies to buy are Ethena (ENA), Worldcoin (WLD), Floki Inu (FLOKI), and Kucoin Token (KCS).
1. Ethenna (ENA)
After its launch in 2024, Ethena rose in popularity and gained significant rallies, creating an ATH of $1.52 and another near high in January 2025. However, with the market’s downtrend, the token crashed and is attempting a recovery these days. Based on its historical trend, place in top altcoins, and rising whale activity, investors can consider it to buy.
2. Worldcoin (WLD)
Worldcoin price rallied as the founder, Sam Altman, brought World ID and Orb verification to the U.S. Also, there’s potential news for a Coinbase listing for the WLD token, grasping crypto whales’ attention. It is among the top cryptos to buy due to this recovered interest and upcoming updates, especially as it has the potential to hit 10x (current ATH mark).
3. FLOKI (FLOKI)
FLOKI is among the most popular meme coins, but it lost its demand amid the market downtrend. Interestingly, the demand is rebuilding for FLOKI and other meme-themed cryptocurrencies, which could build short-term rallies, making it a suitable option to buy. However, the volatility still lingers, so investors must be careful.
4. Kucoin (KCS)
KCS is the official cryptocurrency of the Kucoin crypto exchange. As a result, it is often in the spotlight, gaining significant uptrends. At present, it is in a declining phase, but if the trend reverses, as the Santiment analysis report suggests, it could become a decent buying option.
Is a Crypto Market Rally in Formation?
After days of recovery, the crypto market finally reached the $3 trillion market cap mark. However, a crypto rally is still uncertain as the investors’ sentiments remain neutral and lack any bullish stimulus. Experts anticipate the upcoming FOMC meeting and potential Fed rate cuts to boost the market. If that happens, the timing is perfect for crypto to buy, but investors must remain careful and do further research.
XRP price has formed a highly bearish chart pattern and is at risk of having a strong bearish breakdown, which could see it hit $1 in the near term. On top of this, a popular crypto analyst has warned that the Bitcoin bull cycle has ended, which could hurt altcoins like Ripple. So, what should you do if Ripple price crashes below $1?
XRP Price Could Crash to $1 Soon
Ki Young Ju, the founder of CryptoQuant, and a popular crypto analyst, has warned that the Bitcoin bull market is over. He warned that all on-chain metrics were signaling a bear market as liquidity continues to dry up.
BTC PNL Index Cyclical Strengths
Such a drop, coupled with the fear sentiment in the market, means that Bitcoin and XRP prices may be on the verge of more downside. He said:
“I’ve been calling for a bull market over the past two years, even when indicators were borderline. Sorry to change my view, but it now looks pretty clear that we’re entering a bear market.”
Meanwhile, the daily chart below shows that the XRP price is forming a rare bearish pattern known as head and shoulders. This pattern forms when an asset is in an uptrend and is a sign of a bearish reversal.
In XRP’s case, the head is at the year-to-date high, while the shoulders are at $3 and the neckline is at around $2. In this case, a bearish breakdown will be confirmed if the coin drops below the neckline at $2.
A drop below the support at $2 will point to further declines to the next psychological point at $1. This price also coincides with the 78.6% Fibonacci Retracement level. That would be a 55% crash from the current level.
XRP Price Chart
What to Do If Ripple Price Crashes Below $1
One of the best approaches to handle the XRP price crash is to do dollar cost averaging (DCA). DCA is an approach where an investor buys an asset in small quantities during its downtrend.
The main reason for this is to buy more tokens over time, and possibly benefit when the price bounces back.
In XRP’s case, there are signs that the price will bounce back over time, helped by numerous catalysts. There are some bullish catalysts that will push the XRP price higher in the long term.
Odds of the SEC approving XRP ETFhave continued rising after Donald Trump won the presidency in November. A spot ETF will likely lead to more inflows and boost the price.
The SEC has already ended lawsuits against other companies in the crypto industry like Coinbase, Gemini, and Kraken. As such, there is a likelihood that the agency will end the Ripple lawsuitlater this year.
Ending the lawsuit would be a positive thing for XRP price because it will allow Ripple to ink deals with other companies, link banks, and money transfer firms.
XRP price could also benefit from the potential crypto bull run triggered by the Federal Reserve interest rate cuts and end of quantitative tightening.
