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Ethereum rises 5% while Sharplink points to a USD 425 million treasury in ETH

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  • The price of Ethereum rose 5% to reach maximum of $ 2,680 and place among those who earned the day.
  • The profits occurred when Sharplink Gaming announced plans to buy USD 425 million in ETH.
  • Sharplink is adopting ETH as his main treasury strategy.

    • The price of Ethereum rose more than 5% on Tuesday, since the main Altcoin benefited from a bullish spark caused by the announcement of Sharplink Gaming that would buy USD 425 million in ETH as part of its treasury strategy.

    The price of ETH, which was around the USD 2,530 at the beginning of the day, rose to more than USD 2,680, and the price rose more than 5% in the middle of the market reaction.

    ETH price chart of coinmarketcap

    According to Coinmarketcap, the rebound also caused Ethereum’s daily volume to shoot, reaching USD 23 billion after increasing 81%.

    The ETH price rise also occurred when Standard Chartered shared information that suggests that the Altcoin will exceed Solana (Sun) in 2025.

    In particular, the price of sun was around $ 177, practically flat in the day and only 6.8% more in the last week.

    In comparison, Ethereum has earned 8% in the week, not much more, since Bitcoin continued to accumulate around the level of $ 110,000.

    Sharplink Gaming will buy USD 425 million eth

    On Tuesday, when Trump Middle advertisement.

    The company seeks to raise USD 425 million to buy Ethereum, and its financing comes from the offer of a private investment round in public capital (Pipe).

    The offer, backed by the Ethereum consensys development study, seeks to offer 69,100,313 ordinary shares at the price of $ 6.15 per share.

    The aggregate income of the increase, which will be closed on May 29, subject to the closing conditions, will be allocated to ETH as the main treasury asset of the company.

    “Consensys hopes to associate with Sharplink to explore and develop an Ethereum treasury strategy and work with them in their main business as a strategic advisor. This is an exciting time for the Ethereum community, and I am delighted to work with Rob and the team to take Ethereum’s opportunity to public markets,” said Joseph Lubin, founder and executive director of Consensys.

    Lubin is also co -founder of Ethereum. Consensys’ participation in the agreement was as the main investor.

    Meanwhile, the main risk capital companies of cryptocurrencies and ecosystem actors joined the initiative, with participants such as Panther Capital, Parafi Capital, Electric Capital, Arrington Capital and Galaxy Digital.

    Others are the Ondo cryptocurrency platform, the VC White Star Capital, GSR, Hivemind Capital, Hypersphere and Primitive Ventures.

    “This is an important milestone on the trip of Sharplink and marks an expansion beyond our main business. At the close, we hope to work with consensys and welcome Joseph to the Board,” said Rob Phythian, founder and CEO of Sharplink, in a statement.

    Ethereum quoted around $ 2,675 at the time of writing this item, and the price was 45% of its historical maximum of $ 4,891 reached in November 2021.

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    Doge points to USD 0.43 in the midst of multicadena expansion to Solana

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  • The Dogecoin price rose above $ 0.25 when Bitcoin jumped to a new historical maximum.
  • Doge could get to USD 0.43 if the bullish impulse continues.
  • The news of Dogecoin’s expansion to Solana through the Wormhole Multicadena Assets ecosystem could reinforce Doge.

    • The price of Dogecoin (Doge) was around the USD 0.24, and the last development of the network has seen it join the Wormhole multicaden asset ecosystem to expand Doge to Solana (Sun).

    While Bitcoin’s continuous teasing near their historical maximum keep traders glued to the reference cryptocurrency, analysts see a potential explosion for the main ALTS.

    Ethereum, for example, has exceeded $ 2,700 in the last 24 hours, and Solana, XRP and BNB quote near key levels.

    After a break this week pushed the Doge price beyond the USD 0.2 brand, analysts say that a continuation could make the bulls take USD 0.3.

    Integration with Wormhole to take the main memecoin to Solana can be one of Dogecoin’s uprisers.

    Doge goes to the cross chain

    On May 23, the Wormhole Interoperability Platform advertisement that Dogecoin would be available in Solana. Doge went to the cross chain, connecting his native USD token 35 billion to the massive ecosystem that is solana.

    According to Wormhole’s team, integration will be promoted by the Wormhole Native Tokens Transfers Framework.

    Doge will also take advantage of Wormhole’s zero knowledge tests, and now the use of Doge as a native token of Solana.

    It should be noted that this is a development that will not only improve Dogecoin’s usefulness, but also improve accessibility and use throughout the cryptocurrency market in general.

    “Bring Doge to Solana combines two massive forces of the industry, the leading block chain by volume and one of the ten main digital assets for market capitalization, and we are excited that Wormhole is the infrastructure provider to make this moment a reality,” said Robinson Burkey, co -founder of Wormhole Foundation.

    Burkley added:

    “This integration underlines Wormhole’s commitment to underpin the Internet economy, approaching a unified multi -duty financial ecosystem for both high value tokens and doge and institutional degrees.”

    As noted, the launch of Solana is a great step for Doge. With the scope of Doge in the cryptocurrency market about to explode, the positive feeling could help the price recover.

    Dogecoin Price: Technical Perspective

    The Dogecoin price was around $ 0.16 on May 6, 2025.

    In recent days, buyers have helped him rise in the middle of the profits of the memecoins, reaching the USD 0.25.

    However, as the main currencies slowed, led by the consolidation of BTC above 100,000 dollars, Doge fell.

    Doge graph of tradingview

    However, a breakdown of a bullish flag pattern has caused the price of the token rise to test the key obstacle in USD 0.25 again.

    This time, Dogecoin went up when Bitcoin reached a new historical maximum above $ 111,000.

    Currently, Doge’s price is around $ 0.24.

    A look at the graph, as indicated above, shows technical data that point to a possible bullish extension. If this is confirmed, a rupture beyond USD 0.3 will take USD to USD 0.43

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    JUP price prediction while Jupiter points to the domain in Solana Defi

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    • Jupiter’s price (JUP) is currently above USD 0.6 and could point to USD 1.
    • While USD 1 in May can be difficult for bullies, JUP has recovered significantly in the last month to support the bulls.
    • The growth of decentralized finances in the middle of Jupiter Lend’s next launch could be a catalyst.

    Jupiter (JUP) shot more than 11% in the last 24 hours and 21% last week to reach maximum $ 0.64.

    The native token of the decentralized liquidity platform is among the main winners among the 100 main market capitalization, according to Coinmarketcap.

    As Bitcoin climbed a new historical maximum, a new interest in the Altcoins leaked in the JUP market, with profits that reflected those of Hyperliquid and other decentralized finance projects.

    Does Jupiter point to the growth of Defi de Solana?

    The wave of Jupiter, which has been strengthened last month, received an important tail wind support from the last advertisement of the project.

    Observing Defi’s impulse, Jupiter reveals plans for its new loan product: the Jupiter Lend platform will present This summer.

    According to the details that Jupiter Exchange revealed on Thursday, Jup soon could become an integral part of the Defi de Solana market.

    This is due to the very praised association between Jupiter and Fluid, a protocol defi designed to boost mass adoption.

    If the launch occurs in summer, Jupiter Lend will be an important rival for Kamino Finance, which currently dominates the loan market of Solarium with a total blockade (TVL) of 2.6 billion dollars.

    Lend is the search for Jupiter to penetrate this market with a platform that will take advantage of the double layer of fluid.

    A layer of protocol and liquidity means the instantaneous liquidity potential, with users asking for their crypto.

    In particular, Jupiter is one of the main aggregators Dex de Solana, currently with USD 2.67 billion on TVL.

    Can this launch and other factors help the price of Token Jup?

    Jupiter’s price prediction: Can Jup recover $ 1 in May?

    The price of Token Jup is around $ 0.61, far from the minimum of $ 0.54 of May 22, 2025.

    A little over a week for May, the bulls point to a green closure, since Bitcoin attracts the attention of institutional investors.

    But having reached 0.6 dollars, the JUP price has risen more than 100% since it reached minimum of $ 0.3 on April 7.

    JUP also recovered in the middle of a repurchase program in February.

    The last climb makes Jupiter’s native token publish a new bullish perspective.

    Pric graphic of tradingview

    The JUP daily chart has the relative force index and the convergence divergence of the mobile mean that indicate the upward price action.

    In this case, a rupture to USD 0.83 could boost the bulls towards the USD 1 or more psychological.

    On the other hand, a reversal that sends to JUP below USD 0.57 will probably catalyze a new support of the support around USD 0.47.

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    Sol points to the USD 200 amid the integration of 1inch and the increase in memecoin

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  • Solana’s price has risen today, showing strong growth.
  • The rebound in the sun’s price is driven by the integration of 1inch and the buzz of the memecoins of Solana.
  • If Solana crosses above the strength of $ 180, analysts expect it to exceed $ 200.

    • The price of Solana has risen impressively, rising 22% in the last week to $ 175.41, driven by solid technical configurations and the growing adoption of the ecosystem.

    Institutional entries, the domain of decentralized finances (DEFI) and recent integrations such as 1inch have fed this impulse, positioning Solana as a leading block chain of layer 1.

    Solana Price Analysis

    From the point of view of the technical analysis, the price of Solana has shown a remarkable resistance, maintaining a six -month upward trend despite the broader weakness of the Altcoins.

    Quoting $ 175.41, Sol has earned 40.8% in the last 30 days, backed by a market capitalization of 91.13 billion dollars and a volume of operations of 5.28 billion dollars in 24 hours.

    A bullish rupture of the flag in the daily graph, as the Martyparty analystindicates a strong bullish impulse, with a growing and minimum higher volume that reflect the sustained interest of buyers.

    As the Token shoot, the range of USD 175 to USD 180 is still fundamental, with sun testing this resistance after a 24 -hour range of USD 170.01 to USD 179.19.

    In addition, the liquidation groups in the USD 172 to USD 174, highlighted by Jesse Peralta, suggest possible volatility as high leverage positions undone.

    In addition, global liquidity trends, correlated with the price of sun according to Cryptocurb analysis, provide macro tail winds, amplifying the impact of 25% solar rebound in April.

    Far from the price of Solana token, on-chain metrics, which include more than 3,000 transactions per second and USD 364 billion in volume of January, underline the scalability and adoption of Solana, as detailed in The State of Crypto of 21Shares.

    Will the price of sun rise to 200 dollars?

    Several convincing factors suggest that the price of Solana could rise to $ 200, starting with their recent Integration into the Decentralized Finance Platform 1incha measure that improves the interoperability of its ecosystem.

    This 1inch integration allows defi fluid exchanges between chains, taking advantage of high speed and low solar costs to potentially attract more users and liquidity to the network.

    In addition, Solana’s blockchain has experienced a dramatic increase in memecoins activity, with tokens such as dogwifhat (Wif) and Bonk (Bonk) shooting in popularity, promoting transactions volumes and reinforcing the relevance of the network.

    The madness of memecoins has not only increased the use of the network, but has also attracted a new influx of retail investors, which amplifies the visibility and demand of sun throughout the cryptocurrency market.

    Beyond this, the Solana ecosystem continues to expand at a rapid pace, with integrations of industry giants such as Visa, Shopify and Paypal, along with innovations such as Solana Blinks and the Saga smartphone, consolidating its role as leader in next generation finance.

    The institutional interest is another tail wind, since Solana has registered 80 million dollars in tickets in what goes for a year, surpassing rivals such as Sui, and the growing speculation around a possible ETF of Solana adds more fuel to the upward case.

    The perspective of a Solana ETF, with applications from companies such as Grayscale and Vaneck under consideration, could serve as an important price catalyst, which could promote Sol far beyond the USD 200 if approved.

    However, the challenges persist, since Sol faces a technical resistance at the level of 180 dollars, and high leverage settlements between 172 and 174 dollars could introduce short -term volatility that could temporarily hinder its ascent.

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    XRP SUBE, BITCOIN PEPE points to 300 % in the impulse of the Fed

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    • The XRP price is rising after Bitcoin’s rupture beyond $ 100,000, and the SEC Agreement drives the outlook.
    • Bitcoin Pepe combines Bitcoin’s safety with the Solana speed for Memecoins trading.
    • Bitcoin Pepe’s presale offers up to 300 % profits for the first participants.

    The cryptocurrency market is full of emotion due to Bitcoin’s recent rupture over $ 100,000 and the Federal Reserve decision to pause in the increases in interest rates, which has raided the way for Altcoins to experience XRP experience important price jumps.

    At the same time, a new project, Bitcoin Pepeis capturing attention with its profit potential of up to 300 % as its launch approaches.

    The XRP price shoots while Bitcoin exceeds $ 100,000

    XRP, the native token of the Ripple network, has seen its price shoot more than 6 % in the last 24 hours.

    This rebound is driven by the Bitcoin increase beyond the USD 100,000 brand, which drives the Altcoins market in general, since the Federal Reserve Pause in the increases in interest rates also promotes the confidence of investors in risk assets such as cryptocurrencies.

    Another important catalyst for XRP is the news of a possible agreement in the demand of the SEC against Ripple Labs.

    The agreement proposed by the SEC of 50 million dollars It is a fraction of the original demand of 2 billion dollars, indicating a positive twist for XRP.

    These events have played a vital role in pushing the price of XRP beyond a critical resistance level by $ 2.26.

    The volume of operations has also been triggered, which reflects the strong purchase interest and market support to the current upward trend.

    With the case of the SEC approaching the resolution and a criptomoned market, XRP’s prospects They are increasingly optimistic.

    The cryptocurrency analyst Ali Martínez predicts that a closure above this level could send XRP to $ 2.6.

    Bitcoin Pepe points to profits of 300 % as the presale gains impulse

    As XRP is positioned for what could be a great bullish race, Bitcoin Pepe, a new layer 2 solution in the Bitcoin Network, is generating expectation with its bold vision.

    Bitcoin Pepe aims to merge the speed and low solar rates with the unique safety and permanence of Bitcoin.

    This fusion could transform Memecoins trading and attract great interest to the Bitcoin ecosystem.

    Bitcoin Pepe presents a new tokens standard known as the PEP-20 tokens standard, which aims to allow anyone to create native assets in Bitcoin, which generates the potential of a memecoins boom.

    Bitcoin Pepe is currently in its phase of presale And it has already raised more than 7.7 million dollars, demonstrating great investor enthusiasm.

    Structured in 30 stages, each stage of presale increases the price of token by 5 %, rewarding the first buyers.

    Those who bought at 0.021 dollars in the first stage could see profits of more than 300 % at the time of launch, which is expected to occur in the second quarter of 2025.

    Although the price has risen 47.61 % to the current price of $ 0.031, investors can still capitalize on the increase in presale prices in the remaining presale stages.

    After the presale, Bitcoin Pepe is about to become the reference platform for the Bitcoin -based memecoins trading, which could boost the price of the token BPP even more.

    In addition, once the Bitcoin Pepe platform is officially launched, it will have a program of Staking Staking Staking which will offer tokens holders passive income of up to 10,000 % APy.

    With Bitcoin’s rupture and the FED posture feeding the interest of the Altcoins, Bitcoin Pepe is prepared for great potential gains after contribution, offering a new high growth opportunity in the changing panorama of cryptocurrencies.

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    Steak ‘N Shake will accept Bitcoin at 300 points of sale from the USA. As of May 16

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  • All 300+ UU locations included in the launch. Starbucks.
  • Chipotle uses cryptocurrencies turned into Fiat.
  • Venezuela and El Salvador show mixed results.

    • Bitcoin is about to face one of his most practical tests so far.

    The American fast food chain Steak ‘N Shake announced which will begin to accept the largest cryptocurrency in the world in all its locations in the United States as of May 16.

    With more than 300 points of sale and more than 100 million customers per year, the launch positions Steak ‘N Shake as an important actor in the impulse to normalize cryptocurrencies in everyday transactions.

    The decision also occurs at a time when conventional retailers are under pressure to modernize payment systems.

    For Bitcoin, which for a long time has been seen as a reserve of value than as a gas currency, the association presents an opportunity in the real world to demonstrate its usefulness, particularly in a retail and high speed retail environment that will challenge its scalability and efficiency.

    Narrow margins, high volume

    Fast food chains depend on speed, volume and efficiency to remain profitable.

    Unlike high -end retail trade, where large margins allow to experiment with alternative payment methods, companies such as Steak ‘N Shake should ensure that any change in the system is reliable and profitable.

    Bitcoin’s integration, therefore, becomes more than a trick: it is a stress test to determine how well the cryptocurrency can work under retailer pressure.

    The announcement was Moving object in March With an X (formerly Twitter) publication, where Steak ‘N Shake asked his followers if he should accept Bitcoin. That publication caught the attention of high profile figures, including the former Twitter CEO, Jack DORSEY.

    The company He continued With cryptocurrency theme marketing, including a tweet that referred to Elon Musk’s ambitions on Mars and Robert F. Kennedy Jr.’s vocal support both Bitcoin and the Seb of Res.

    Past attempts and pilots

    The next launch differs from the previous and limited experiments of other food chains.

    Starbucks enabled BTC wallet recharges in 2021 through the Bakkt application, although the cryptocurrency became dollars before reaching the box.

    Chipotle began accepting more than 90 cryptocurrencies in 2022, including Bitcoin, Ether and Solana, through flexa, again with automatic conversion to fiduciary currency.

    Subway was one of the first fast food chains to test payments with Bitcoin in 2013 in selected franchises.

    Although some stores in cities with cryptographic trends later revived the initiative, there was no national implementation.

    Global launches and legal tender

    Outside the US, the adoption of cryptocurrencies in the retail food trade has generally responded to local economic pressures.

    In Venezuela, Burger King briefly accepted Bitcoin and other digital assets in 2020 through an association with the Latin American Platform Cryptobuyer.

    However, this had a limited range and lasted little.

    El Salvador went further by declaring Bitcoin as legal tender in 2021.

    Great brands such as Pizza Hut and Starbucks quickly offered payments with cryptocurrencies in the country.

    Despite the fanfare, national use has remained low, and some reports cite infrastructure gaps and inconsistent user experiences.

    Native crypto or Fiat?

    Steak ‘N Shake has not yet confirmed whether Bitcoin will process or will make it Fiat at the end of the purchase.

    Previous retail integrations have mainly favored instant conversion tools to manage volatility.

    The answer could define whether this deployment represents a genuine adoption in the chain or simply another alternative solution.

    If the launch is successful, it could incite other national chains to reassess payments with cryptocurrencies.

    If it fails, you can reinforce doubts about the use of Bitcoin in daily trade.

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    Dogecoin faces a USD 500 million liquidation test while the price points to a USD 0.2 recovery

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  • Ichimoku and RSI indicators do not show a bullish impulse.
  • The next few days could determine whether Doge recovers or slides towards a deeper correction.
  • Doge is behind Bitcoin and Ethereum in the midst of a broader setback from the Altcoins.

    • Dogecoin is going through a volatile phase, since its price is just above the key support levels.

    After reaching a local maximum near USD 0.2, Doge has lay down, which generates new doubts about the memecoin strength in the current market.

    While the main cryptocurrencies such as Bitcoin and Ethereum continue to consolidate, Dogecoin has struggled to maintain the impulse.

    The asset runs the risk of erase almost all profits of the last 30 days unless you can break the critical technical barriers and absorb significant short liquidations, estimated at more than USD 500 million.

    The next few days could determine whether Doge recovers or slides towards a deeper correction.

    The USD 0.165 area is critical

    The price of Dogecoin has remained close to a key liquidation zone in USD 0.165, where the leverage of traders has accumulated above the USD 500 million. This threshold is considered a crucial point for a possible Squeeze Short.

    Fountain: Coinmarketcap

    To break up, it is possible that the price must fall below this level to trigger settlements, which could force the exit of short positions.

    Such movement could clear the way for a stronger rebound and extend the upward trend.

    This could allow the bullies to point to a return to USD 0.18 and eventually try USD 0.2.

    Technical signals are still weak

    Technically, Dogecoin’s prospects are still weak. After not being able to stay above its ascending trend line, Doge has experienced sustained bearish pressure.

    The conversion of the cloud Ichimoku is acting as strong resistance, and there are still no indications of a bullish crossing.

    Meanwhile, the stochastic RSI has been reversed after testing the average levels, which underlines the growing influence of the bearish feeling.

    Doge is expected to test the support at $ 0.162, a level below the liquidation zone of $ 0.164.

    However, not maintaining this support could deepen the fall and make traders reassess the long -term viability of memecoin.

    0.2 dollars in 2025?

    Although Dogecoin reached up to $ 0.2 earlier this year, the question now is whether it can maintain those levels or continue rising in 2025.

    For this to happen, the Token must establish a constant bullish impulse, exceed resistance levels and attract a renewed interest of investors.

    This seems like a challenge given its current technical weakness and the absence of strong bullish signals.

    Even so, market volatility could favor sudden movements in any direction. If the expected Short Squeeze occurs after trying the USD 0.162, Doge can recover towards USD 0.18 and USD 0.2.

    But unless the general conditions of the market improve and the feeling changes decisively, reaching the mark of 0.5 dollars in 2025 seems increasingly unlikely according to current data.

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    The price of Bitcoin rises to $ 94,680, points to $ 100,000 in the midst of growing signs of greed

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    • The 10% weekly gain marks Bitcoin’s strongest movement in weeks.
    • The benefit/loss ratio is about 1.0, suggesting a possible break.
    • The feeling of greed reaches its highest level since November 2024.

    Bitcoin has exceeded $ 90,000 after five weeks of lateral operations, reviving enthusiasm in the cryptocurrency market.

    At this time, Bitcoin is quoted about $ 94,680, registering an increase of more than 10% during the last week and approaching the crucial resistance level of $ 95,761.

    Fountain: Coinmarketcap

    Investors are watching closely, since a movement above this threshold could place Bitcoin on a clear path to the milestone of the $ 100,000.

    However, feeling indicators also show signs of overheating, with greed levels among Bitcoin holders reaching their highest level from the night of Donald Trump’s elections on November 5, 2024.

    Although the impulse remains positive, market conditions suggest that Bitcoin faces a delicate balance between maintaining its rebound and avoiding a setback driven by feeling.

    Merchants, analysts and institutional investors are closely following how Bitcoin will behave near these key technical levels in the next sessions.

    Bitcoin’s rally advances as the P/L ratio approaches 1.0

    Bitcoin’s macro impulse is strengthening as the profits/losses (P/L) approaches the neutral mark of 1.0.

    A proportion of 1.0 reflects an equal number of currencies in profits and losses, which indicates a healthier and more balanced market structure compared to previous periods of extreme losses.

    Historically, this level has acted as a strong resistance during the bearish cycles, but a successful movement above it could clear the way for a continuous rise and a renewed investor’s confidence.

    Even so, an almost neutral P/L relationship usually generates volatility. Investors who reach the equilibrium point or modest profits can be tempted to sell, which generates sales pressure even when the general feeling remains positive.

    Bitcoin’s capacity to maintain his strength will depend on whether the holders remain compromised while the price proves new maximums, especially because short -term operators seek fast profits.

    The growing greed highlights the risks for Bitcoin

    The feeling of investors around Bitcoin has become much more optimistic.

    Social networks data show an increase in upward publications, with current optimism levels comparable to those observed on November 5, 2024, when Donald Trump was chosen.

    The trade forums, the media on cryptocurrencies and the Blockchain social analysis platforms have reported a remarkable increase in the volume of positive comments on Bitcoin, which reflects a generalized optimism.

    While this growing trust drives Bitcoin’s rebound, it also entails the risk of a maximum driven by feeling.

    When investor greed reaches its maximum point, markets usually experience abrupt corrections since operators rush to ensure profits.

    Bitcoin’s price trajectory in the next few days will depend largely on whether investors continue to maintain their position during volatility or trigger a gain wave.

    Maintaining the impulse above key resistance levels could avoid deeper correction, but the margin of error seems narrow.

    Resistance and support areas in the spotlight

    The immediate resistance of Bitcoin remains at $ 95,761. A decisive rupture above this level could accelerate profits, putting Bitcoin on the way to reach the psychological barrier of the $ 100,000.

    Persistent greed among merchants could discourage profits and, on the other hand, boost prices even more if the impulse remains strong, creating the potential for an explosive rebound.

    If Bitcoin fails to maintain its levels and falls below $ 93,625, the risk of a setback increases significantly.

    A greater fall towards $ 91,521 could weaken the bullish impulse, while a deeper fall towards the $ 89,800 could extend the Bitcoin consolidation phase, which possibly leads to a reevaluation of bullish expectations.

    For now, Bitcoin’s next steps will probably depend on a combination of technical ruptures, more broad market feeling trends and liquidity conditions.

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    Dogecoin points to the support level of $ 0.16, with the presale of Bitcoin Pepe now above 7 million dollars

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    Key conclusion

    • Doge has dropped 4 % in the last 24 hours and could fall to the support level of $ 0.16 soon.
    • Bitcoin Pepe’s price is expected to increase before the new stage after raising $ 7.1 million.

    Doge falls 4 % in the middle of a generalized recession of the market

    Doge, the native currency of the Dogecoin ecosystem, is the worst performance among the 10 main cryptocurrencies for market capitalization. The currency has dropped 4 % in the last 24 hours and could further fall if the bearish trend persists.

    At the close of this edition, the Dogecoin price It is 0.1770 dollars and could fall to the support of $ 0.160 if the market conditions persist. Bitcoin has also fallen below $ 94,000 and could try the $ 91,000 support in the next few hours or days.

    Bitcoin Pepe’s presale exceeds 7 million dollars

    The memecoins have had a lower performance this weekend, with most lowering 3 % or more in the last 24 hours. However, the new meme projects, especially those useful, continue to attract investors.

    Bitcoin Pepe is developing a new layer 2 project that could release Bitcoin’s liquidity and make it available to the Memecoins market. Its exciting product continues to attract more investors, and its presale approaches a new stage.

    It is also the first initial offer of tokens (ICO) of Memecoins in the Bitcoin blockchain and could record a massive adoption once your product and Token are available. Currently in presale, Bitcoin Pepe has raised almost 7.1 million dollars and will enter the tenth stage once the financing reaches 7.7 million dollars.

    Investors are taking advantage of the presale to ensure an early position in this project. Bitcoin Pepe’s BPEP token will boost the entire ecosystem and is available for purchase through the Bitcoin Pepe website. Accepted payment methods include ETH, USDT, USDC, BNB and Sun.

    Click here to participate in the presale of Bitcoin Pepe.

    Is Bitcoin Pepe a valuable project?

    Bitcoin Pepe’s technical report suggests that it could become an excellent project with the proper adoption level. The equipment is building a layer 2 to house Memecoins trading in the Bitcoin blockchain.

    The team explained that they chose Bitcoin due to their enormous liquidity and security. NFT and DEFI protocols are already active in Bitcoin’s blockchain, but Memecoins trading is not yet available.

    The Bitcoin Pepe layer 2 network will introduce Memecoins trading in Bitcoin, allowing developers to access the liquidity and high -level safety features of the blockchain. The L2 network will provide developers with the tools to migrate their memes from other blockchains to Bitcoin’s blockchain.

    With millions of memecoins currently available in the world of cryptocurrencies, most still face liquidity and security difficulties. The launch of Memecoins in Bitcoin’s blockchain will allow them to take advantage of their enormous liquidity (more than one billion dollars). With adequate adoption, Bitcoin Pepe It could become one of the 2 leaders’ layer networks in the cryptocurrency market.

    BPEP will boost activities within the Bitcoin Pepe ecosystem, guaranteeing that developers and users use this token for various transactions. Thanks to their unique value proposal, the first investors could enjoy a massive ROI once $ BPEP launches in cryptocurrency exchanges.

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    AVAX points to $ 40 after testing a key level

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    • Avalanche (Avax) recently broke a significant level of resistance, rising to maximum $ 23.
    • The setback from the barrier that had previously limited its ascending impulse could offer the bassists a certain hope.
    • But can the bullies maintain the pressure and point to the key obstacle of 40 dollars below?

    The recent Avalanche price action occurs after a consolidation period. While optimism persists, Token Avax has fallen near the support level, with a price close to $ 21. It should be noted that Avax was quoted in a narrow range between $ 18 and $ 20.50 after bouncing from minimums of $ 14.5 registered at the beginning of the month.

    The rupture above $ 23 occurred in the midst of Bitcoin’s rebound to $ 94,000, in line with the general market yield. The bullish impulse completed a significant recovery and the formation of a possible cup and handle pattern.

    The buying action has been accompanied by an increase in the volume of operations, which indicates a strong upward interest.

    Potential upward factors of the price of Avalanche

    The feeling of the market is driven by the solid foundations of Avalanche and the return to the fore of decentralized finances (defi) and the gaming tokens. The Avalanche ecosystem has benefited from it, including recent collaborations.

    Requests for funds quoted in the stock market (ETF) of cryptocurrencies in cash and the offer of other institutions oriented to institutions have promoted the native token of Avalanche.

    The US stock and values ​​commission. UU. (SEC) has contributed to enthusiasm to recognize Vaneck’s request for an Avax in cash. These events provide a solid context for the increase in the price of AVAX, since the utility and scalability of the network remain competitive in the laychain space of layer 1.

    On-chain data offers a clearer vision. The whale activity has increased, with a peak of large volume transactions during the last week, which suggests an accumulation by the main holders. Meanwhile, the number of active addresses in the Avalanche network has increased by 15 % in the last month.

    An increase above 20 USD could make AVax exceed 28 USD and point to an increase of almost 100 % to exceed USD 40.

    Technical Image of Avax’s price

    Alcistas must maintain a sustained purchase pressure to exceed key levels. However, technical indicators are bullish. The Relative Force Index (RSI) is close to 60, indicating a growing impulse without entering overbound territory. In addition, the MACD has shown a bullish crossing, which further supports the idea of ​​a continuous upward movement.

    Avax graph of tradingview

    However, challenges persist. The levels of $ 23 and $ 28, the latter coinciding with the 200 -day mobile average could represent a formidable resistance zone.

    Avalanche’s rupture above $ 23 marks a crucial moment, with the technical and fundamental factors aligning for a possible rebound to $ 40. While the risks persist, the combination of the solid growth of the network, the upward indicators and the increase in chain activity positions Avax for greater profits, provided that the following resistance can exceed. A drop at $ 20 could make the AVAX price return to recent minimums of $ 14.

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