Altcoin
BTC & Alts Mainly Consolidate, SHIB & VINE Steal Spotlight
The dynamic realm of crypto assets has concluded yet another week, primarily with investors being on their toes amid broader market uncertainty. Bitcoin (BTC) and leading cryptocurrencies have consolidated over the past week, sparking
speculations despite pro-cryptocurrency Donald Trump’s inauguration. Whereas, meme coins Shiba Inu (SHIB) and VINE have emerged as the talk of the cryptocurrency town over the week, gaining significant traction in light of broader trends and developments.
Here’s a brief report on some of the top cryptocurrency market updates reported by CoinGape Media over the past week.
BTC & Top Crypto Mainly Consolidate
Notably, BTC price chart has shown a period of sideways trading despite the broader market eagerly anticipating gains following Trump’s inauguration. Bitcoin price closed the week near the $105K level, up marginally by 0.1% in the past seven days.
The flagship crypto’s current price trajectory comes despite bullish news for the asset surfacing across the industry. With the recent rescinding of SAB 121, market participants have been highly positive on Bitcoin’s long-term potential.
Further, Semler Scientific announced that it would raise $85 million in convertible notes to invest in BTC this week. This mover has sparked investor interest, paving a bullish road for the flagship coin in the light of heightened buying.
Meanwhile, investment management company BlackRock sought U.S. SEC approval for its new redemption model for the iShares Bitcoin Trust. Overall, these events have emerged as highly optimistic news for the broader BTC market. Nevertheless, the asset continues to consolidate, raising investor speculation and uncertainty.
CoinGape reported that China likely dumped a whopping 194K BTC recently, which falls in line with the current consolidation despite broader bullish developments.
ETH & XRP Market Uncertain
On the other hand, top crypto such as Ethereum (ETH) and XRP have also shown similar price actions. Notably, ETH closes the week at the $3,300 level, up by 0.5% over the week. Further, XRP also illustrated a sideways trading session, although the coin holds above $3.
Ethereum’s consolidation raises severe uncertainty as ETH OI conversely rose to high levels recently, signaling a price breakout awaits the asset. Simultaneously, despite new XRP ETF filings reported this week, even the Ripple-backed asset consolidates, raising investor speculations.
Meme Crypto SHIB & VINE Spark Buzz
Meanwhile, the meme coins SHIB and VINE have stolen the spotlight, with the dog-themed crypto witnessing ecosystem developments and VINE seeing major listings amid heightened market interest. Notably, the Shiba Inu coin’s community introduced the revolutionary ShibOS (Shib Operating System) this week, offering users various use cases for a seamless Web2 to Web3 transition.
On the other hand, with speculations of Vine social media app’s revival soaring, the Vine meme coin has gained substantial traction. Intriguingly, the token enjoys a bullish trend, securing major listings, witnessing an OI surge, and aiding traders in making massive profits. As a result, CoinGape reported that the Vine meme coin price could hit $1 shortly ahead.
Overall, the abovementioned news emerged as some of the most buzzworthy topics reported by CoinGape over the past week.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
Crypto Hype to Explode as Elon Musk’s DOGE Integrates Blockchain
Elon Musk-led Department of Government Efficiency (D.O.G.E.) is reportedly looking for ways to use blockchain to optimize spending, protect sensitive data, and manage resources.
The Dogefather has a history of interest in digital assets, so the news sounds believable.
Insiders reveal that Musk had already met several public blockchain teams. While the details are unknown, the most likely options are XRP Ledger, Hedera, Cardano, and XDC Network due to their focus on enterprise solutions.
Musk’s reform could drive crypto adoption in the public sector and, consequently, benefit the entire market.
In light of this, we share the best crypto to buy now for potential 10x gains by the end of the bull run.
1. Solaxy ($SOLX) Layer-2 Solution Expands Solana’s Capabilities
This bull run, we witness an enormous influx of altcoins launched on Solana ($SOL), thanks to no-code tools like Pump.fun. While it benefits $SOL’s price, it also puts a strain on the network and leads to congestion, high fees, and failed transactions.
Solaxy ($SOLX) could resolve this with its hybrid Layer-2 solution. By offloading part of the transactions to a side chain, it takes the burden off Solana’s shoulders and enhances its efficiency (Musk would approve).
On top of that, Solaxy bridges Solana with Ethereum for smooth cross-chain transfer of funds and data. This could open new possibilities for dApp development on the two leading networks.
Solaxy’s native token, $SOLX, is now available on presale at $0.001616 per token. The project has raised $15.3M so far and shows no sign of stopping, so $SOLX has great potential for long-term growth.
In our Solaxy price prediction, we estimated $SOLX’s price to reach $0.032 by the end of 2025, which is a 1,880% increase from its current cost.
To buy Solaxy, head on to its presale page, connect your wallet, select a payment method, and enter the amount of $SOLX to buy.
2. Wall Street Pepe ($WEPE) Leads a Degen Army to Crush Whales
Wall Street Pepe ($WEPE) is the successor of the original $PEPE, driven by his grudge against whales conspiring in insider groups to manipulate the market.
$WEPE assembles an army of degen traders who want to outperform the big fish. Community members will share market insights and trading strategies to brush this bull run.
The $WEPE presale had extraordinary success, with $61.4M raised in a few months. Just 20 days remain to buy $WEPE on presale at $0.0003665, after which the token will list on tier-2 exchanges.
Analysts and influencers expect $WEPE to surge 100x after listing, given its early momentum and viral appeal. Ultimately, $WEPE’s performance hinges on its community’s sentiment – and by the looks of it, they’re ready to take the market by storm.
To buy Wall Street Pepe, connect your wallet to the presale widget on $WEPE’s site and buy as many tokens as you want.
3. MIND of Pepe ($MIND) Shares Bias-Free Market Insights With Its Supporters
The AI agent token sector amassed a $7.5B market cap and $1.1B 24-hour trading volume. In short, it’s the hottest trend this year.
Investors who missed $AIXBT at $0.00004 turn their attention to MIND of Pepe ($MIND) – a new AI agent that, like Aixbt, shares exclusive market insights with its token holders.
This self-sovereign AI agent analyzes data from X and crypto data aggregators to engage in discussions and make predictions. And since there’s no emotion to cloud $MIND’s judgment, its trading decisions should theoretically be highly effective.
The $MIND token is freshly out on presale, which already surpassed the $4M milestone. One token now costs $0.0032016, but the price will increase in 15 hours.
4. Cardano ($ADA) Could Play an Integral Role in D.O.G.E. Operations
Cardano ($ADA) had a hard time after its 2021 crash. In 2024, $ADA began to recover with a 223% yearly increase. While the token now trades 71% below its former all-time high of $3.10, ecosystem updates and technical indicators suggest it may soon break new records.
Cardano’s 2025 roadmap focuses on the Hydra Layer-2 upgrade, which should enable millions of transactions per second with near-zero fees. It also aims to improve Cardano’s interoperability and decentralization.
This would make Cardano perfectly suited for high-throughout government applications. If D.O.G.E. were to adopt Cardano, demand for $ADA would grow tremendously.
On top of that, whales accumulated $100M worth of $ADA last week alone, which shows their confidence in the project’s future and could push $ADA above $3.
5. Dogecoin ($DOGE) Is Still the Top Dog, Now Even More So With the D.O.G.E. Connection
Elon Musk pumped Dogecoin ($DOGE) in 2021. The community calls him the Dogefather, and now he leads the D.O.G.E.… The connection is there, but it isn’t the reason $DOGE made it to this list.
$DOGE’s current price chart strikingly resembles the beginning of its 2021 explosive 10,000% rise. X analyst Ali Martinez points out that TD sequential indicator hints at a soon price breakout and sets a target of $23 by the end of 2025.
Besides, no meme coin was able to dethrone $DOGE in all these years. Even the second-largest meme coin, $SHIB, comes nowhere close to $DOGE with its $46B market cap.
And let’s not even get started on the likes of $TRUMP or $FARTCOIN – a solid start doesn’t yet guarantee long-term success.
Final Remarks
If, two years ago, someone said that the US government would use blockchain to streamline operations, people would call them crazy.
Yet, here we are.
As crypto applications expand, it will play an increasingly important role in our lives. This would drive demand both for enterprise-focused tokens like $ADA and innovative altcoins like $SOLX.
Meanwhile, we remind you to DYOR and diversify your portfolio to offset potential losses because the market remains volatile.
Altcoin
Dogecoin Price Forms Symmetrical Triangle On Daily Chart, What To Expect If It Breaks Out
Dogecoin is on a notable decline of 11.8% and 20% in the past 24 hours and seven days, respectively, and could retest support at the $0.30 price level soon. Despite this decline, Trader Tardigrade, a well-known technical analyst on social media platform X, has managed to note a symmetrical triangle forming on DOGE’s daily candlestick chart. This classic technical pattern is often a precursor to significant price movements, and a breakout could prompt the resumption of an uptrend.
Dogecoin Forming A Symmetrical Triangle
According to Trader Tardigrade, Dogecoin looks like it has been trading within a symmetrical triangle within the past seven days. This symmetrical triangle formation arose as a result of Dogecoin’s price correction, which started after it reached $0.43 on January 18.
According to the daily candlestick chart, the majority of candlestick bodies have stayed within the confines of this triangle since January 20. The initial two days of the pattern’s formation saw a few wicks temporarily breaking above the upper trendline, but Dogecoin’s price quickly retreated back into the pattern. Since then, the price has shown a sequence of lower daily highs and higher daily lows, a behavior indicative of waning selling pressure and an equilibrium between buyers and sellers.
The price action has managed to push towards the apex of the triangle, and Trader Tardigrade suggests that a breakout could favor the bulls, pushing the price significantly higher.
What Happens If DOGE Breaks Out of the Triangle?
If Dogecoin manages to break above the upper trendline of the symmetrical triangle, it could signal a resumption of the bullish trend. Trader Tardigrade predicted that this breakout could lead Dogecoin to a price target of at least $0.45.
However, instead of moving upward, Dogecoin has recently broken below the lower trendline of the symmetrical triangle, shifting its trajectory downward toward support at $0.31. This level has proven to be a significant liquidity zone over the 30 days. In fact, $0.31 has served as a reliable support point, with Dogecoin rebounding from this price three times during recent declines. The most notable recovery occurred on January 13, when Dogecoin bounced off the $0.31 level and subsequently surged upward, eventually reaching a high of $0.4318.
Now, the next step is whether DOGE can repeat this pattern by rebounding once again at $0.31. A successful rebound at this critical support level would indicate that buyers are stepping in to defend and give Dogecoin the strength it needs to resume its upward trajectory. If the rebound gains sufficient momentum, it could reestablish confidence in DOGE’s bullish outlook and set the stage for a renewed attempt at breaking the $0.45 price target. Until then, $0.31 remains a key level to watch as the meme coin tests the resolve of buyers.
Featured image from Unsplash, chart from Tradingview.com
Altcoin
$WEPE Presale Raises $61M as Ethereum Whales Invest Billions
Top Ethereum Layer-2 networks (L2s), including Base, Optimism, and Arbitrum, are ready to give up millions of dollars in revenue to make the ecosystem more interconnected.
Fragmentation has been a long-standing issue with Ethereum. There are too many L2s that don’t interact smoothly (if at all) and are overly centralized.
‘Based’ and ‘native’ rollups could fix this.
In light of the anticipated upgrade, whales have been accumulating $ETH at an unprecedented rate – over $3.8B in two days.
Let’s unpack how this news may impact the ecosystem.
The Cost of Security: What Are Based & Native Rollups?
Core Ethereum developer Justin Drake proposed the concept of based rollups in 2023. Currently, L2s like Arbitrum and Optimism rely on siloed sequencers to process transactions faster at the cost of decentralization.
Based rollups would return transaction processing to the Ethereum mainnet, which means they would be validated by all nodes instead of a single sequencer.
Likewise, native rollups create optimized environments within the Ethereum base layer as opposed to processing data off-chain and submitting results to the mainnet.
These improvements, however, would compromise transaction speeds – decentralized sequencing will increase block times to roughly 12 seconds versus its current 1 second.
On top of that, L2s would lose a substantial part of the revenue they generate from gas fees. Still, it appears that L2 executives don’t mind these trade-offs for the sake of the ecosystem’s security and unity.
While Ethereum struggled with scalability and decentralization lately, whales are hopeful about the ecosystem’s future.
In the past two days, whales bought $3.8B worth of $ETH. This includes Trump’s family venture World Liberty Financial, which spent $20M on Saturday and brought its $ETH portfolio to $193M.
Interestingly, the Ethereum Foundation went against the trend and sold $14M worth of $ETH since January 2, including $308K a few hours ago.
Wall Street Pepe ($WEPE) Could Lead Ethereum Altcoin Bull Run
Ethereum’s upgrade may benefit the price of $ETH and all altcoins in the ecosystem.
One new Ethereum-based project that’s been rapidly gaining traction is Wall Street Pepe ($WEPE), a worthy contender to the original $PEPE (which recently lost ground to Trump’s official meme coin and has shown it isn’t that hard to beat).
The $WEPE presale launched in late 2024 and raised over $61M. WEPE’s relatable mission is the most likely reason for such early success.
Whales like governments, banks, and wealthy individuals can manipulate the market to their advantage due to the sheer amount of funds they hold. Even worse, they may conspire with insider groups to amplify their influence.
$WEPE assembles an army of ‘thirsty degens’ – retail investors who want to level the playing field. Together, $WEPE followers will share tested trading strategies and market insights to crush the bull run.
Only 20 days remain to buy $WEPE and join the frog battalion. One $WEPE now costs $0.0003665, which is the final price before the presale ends, and early adopters will claim their tokens.
The project sets the bar high with CEX listings in sight, so $WEPE might soar to $0.0013 if it maintains the momentum.
Final Remarks
Achieving efficiency, decentralization, and interoperability all at once is no easy task. Ethereum now prioritizes the latter two, and only time will tell whether it’s the right decision.
Still, whale activity shows that the community approves of this strategy.
Positive developments are likely to benefit the entire ecosystem, including early-stage altcoins like $WEPE.
Meanwhile, we remind you to do your due diligence. Don’t fall victim to FOMO and FUD – keep a cool head and diversify your investments.
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