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Arbitrum Helps Tether Overcome Challenges – Next Big Crypto Coins, New Horizons

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2 months ago

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As $USDT struggles to comply with the EU’s Markets in Crypto Asset (MiCA) regulations, Arbitrum helps Tether by providing it with infrastructure to link its new stablecoin $USDT0 to its network, alongside Ethereum, Tron, and Ton. 

$USDT0 is Tether’s new stablecoin, strategically designed to address $USDT’s efficiency and interoperability challenges across chains.

Tying the four blockchain networks together through $USDT0 is nothing to be sneered at. It’ll bring $138B of Tether together, plus lower fees and deeper liquidity pools is incredibly bullish for the ecosystem

Several emerging blockchains (including Berachain, Ink, and MegaETH) already support $USDT0, signaling a positive outlook for Tether amidst the troublesome MiCA restrictions. 

When taking this into account, it appears crypto is more stubborn – and boundless – than one might have initially imagined. In light of Tether’s positive developments, traders are looking for the next big crypto coins, and the likes of $BTCBULL and $BEST are attracting a lot of whales and small buyers alike.

1. Bitcoin Bull ($BTCBULL) – The First ERC-20 Token to Airdrop Real Bitcoin

The aptly named meme coin Bitcoin Bull ($BTCBULL) is the first ever Ethereum-based token to dish out real $BTC to its token holders. There’s a good reason it’s #1 on our next big crypto coin list.

Every time Bitcoin breaks records (think $150K, $200K, $250K), $BTCBULL holders can snag free $BTC. It’s like we’re back to the days of BTC faucets!

The largest airdrop will occur when Bitcoin, the crypto king himself, hits $250K. When doing so, both $BTC and $BTCBULL will be willingly dished out. For eligibility, all you need to do is download the Best Wallet app. 

Passive income can also be earned by staking $BTCBULL, which currently has a hefty 61% APY. And sizable 10% of the project’s total token supply is set aside for such rewards, making it a great choice for those who like to sit back and let the crypto work for them.

Bitcoin Bull tokenomics
Source: Bitcoin Bull

Given Bitcoin bull runs aren’t out of the ordinary, as evidenced by $BTC jumping by ~100% compared to last year, winning free $BTC and $BTCBULL isn’t out of reach. It’s a distinct possibility, that’s for sure.

Getting involved is simple. Download Best Wallet, connect it to the Bitcoin Bull presale website, and buy $BTCBULL right now for just $0.002355. 

2. Best Wallet ($BEST) –  World’s First Crypto Wallet to Feature Presale Tokens

$BEST is the native token of Best Wallet, your entry point to winning free $BTC through the Bitcoin Bull presale, and much more. 

Best Wallet spotlights many leading presales beyond the Bitcoin Bull token, including Solaxy ($SOLX) and MIND of Pepe ($MIND). In fact, it’s the only crypto wallet to feature presale coins, enabling users to buy low-cap coins ahead of attracting mainstream attention.

It also has much to look forward to in the near future, such as the launch of its very own crypto card, Best Card, and the support of over 60 blockchain networks soon. 

Ultimately, each of its developments – new and upcoming – helps its goal to broaden DeFi access worldwide. 

To maximize the platform’s benefits, you can buy $BEST for $0.02395. Then, enjoy lower transaction fees, community governance, and greater staking rewards (currently at a 174% APY). 

Best Wallet token benefits
Source: Best Wallet

3. Meme Index ($MEMEX) – Four Novel Meme Token Indexes to Cater to All Trader Types

Meme Index ($MEMEX) is another meme coin presale poised for significant gains. The token’s behind the development of the world’s first decentralized meme token indexes. And with ETFs being so popular in TradFI, why shouldn’t crypto follow suit?

The Meme Index ecosystem is getting set to launch a trifecta of meme coin indexes, each of which caters to traders with contrasting risk profiles:

  • Meme Titan Index: Spotlights the most established meme coins in the top eight. Because their success is already apparent, they’re less risky than the rest.
  • Meme Moonshot Index: Highlights meme coins vying for a space in the top eight with large followings, so it’s a little riskier than the former.
  • Meme Midcap Index: Features mid-tier meme coins, anticipated to either jump or fall, making it a bold venture, even for crypto standards.
  • Meme Frenzy Index: Shines a light on the next big crypto with the utmost risk profile, the ones degen whales might go for. They’ll offer moonshot returns, but only if they come out on top (and vice-versa).

Beyond being the entry point to these meme baskets, $MEMEX is also a governance token. Holders can vote on their favorite meme coins to be mentioned in the Meme Frenzy Index, as well as other upcoming baskets, whose details remain scarce. 

$MEMEX holders can also hold their tokens to enjoy 639% staking rewards, of which 25% of its total token supply is set aside. 

To reap the benefits, buy $MEMEX on presale for just $0.0160993. Considering its price is anticipated to reach $0.074 before this year’s end, now could be an opportune time to get involved. 

4. Ronin ($RON) – Cheaper Transactions on Gaming Blockchain With 1.17M Weekly Users

$RON is another crypto not to be ignored, up by 15.16% since yesterday.

The coin’s $1.15 price tag exceeds that of its counterparts mentioned above. However, unlike $BTCBULL, $BEST, and $MEMEX, it’s already been listed on major exchanges, boosting its credibility. (They, too, might achieve the $1 goal after exchange listings.) 

$RON also has unique utility. Its distinctive mark, however, includes being the backbone of Ronin, a popular Web3 gaming platform with an impressive 1.17M weekly active users. 

Ronin is best known for supercharging the Axie Infinity system, a blockchain-based game that revolves around NFT creatures called ‘Axies,’ which can be bought, sold, and traded. 

Considering the play-to-earn market is projected to grow at a CAGR of 21.3% from 2024 to 2032, the Ronin ecosystem shows no signs of dwindling, making $RON a promising investment opportunity. 

Play-to-earn market size
Source: Business Research Insights

$RON further points to prosperous times for Ronin. It facilitates cheaper and faster transactions than the Ethereum mainnet, supports the blockchain games’ growth, and acts as a governance token. Hence, Ronin’s developments never stand still. 

Verdict – Arbitrum Helps Tether, New Cryptos Stand Tall

As Arbitrum helps Tether overcome interoperability issues, it highlights how hot new coins can expand crypto possibilities – even amid regulatory hurdles. 

But $USDT0 isn’t the only token that spotlights how boundless the crypto ecosystem can be. Presale coins and evolving ones like $BTCBULL, $BEST, $MEMEX, and $RON each bring something new to the table.

Ultimately, the crypto world is rife with projects on a mission to boost the user experience with practical use cases, and the ones highlighted in our top list stand tall.  

But this is not investment advice. Never invest more than you’d be sad to lose, and always do your due diligence before spending your capital. Crypto can take a steep tumble as quickly as it jumps!



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Analyst Reveals Why The Solana Price Can Still Drop To $65

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2 hours ago

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April 16, 2025

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Solana price could be heading toward a major drop, according to crypto analyst Ali. In a recent analysis, Ali suggested that SOL might be retesting the breakout zone from a right-angled ascending broadening pattern.

Analysis Points to Downside Potential For Solana Price

Ali’s SOL analysis expects the price to drop to $65. This bearishness comes after a period of price weakness for Solana. SOL’s price fell by 1.2% in the last 24 hours, according to recent figures.

The prediction arrives at a time for the Solana network when Canada will launch Solana ETFs today after regulatory approval by the Ontario Securities Commission (OSC).

Ali’s technical analysis focuses on a right-angled broadening ascending pattern that has appeared on Solana’s price chart. SOL, according to the analyst, is re-testing the breakout pattern area, and this could be an indication of more downside action if the level fails to act as support.

This bearish outlook is shared by some other analysts in the crypto space. SatoshiOwl noted that Solana is not looking good and that it is breaking down from trendline on 1h. However, the analyst cautioned that confirmation was still needed from 1-hour and 4-hour candle closings. The analyst suggested that Solana might retest $120 first before possibly moving higher.

Not all analysts share this bearish view, however. Trader David identified what he described as bullish signs for SOL as this channel continues to move upward. He pointed out that after a 33% correction, Solana is now on a strong support level. He expressed hope that the token will reach new heights again.

Canadian ETF Launch Could Provide Institutional Access

Despite the bearish technical outlook from some analysts, Solana is experiencing a potentially positive development on the institutional front. The Ontario Securities Commission (OSC) has approved multiple ETF issuers to list Solana-based products in Canada, including Purpose, Evolve, CI, and 3iQ.

This regulatory clearance sets the stage for Solana ETFs to come to market. This may make the cryptocurrency available to a new generation of institutional investors who would rather have regulated investment products rather than direct exposure to cryptocurrency. The timing of this news is interesting, as it is happening during technical uncertainty in the price action of Solana.

Bloomberg ETF analyst Eric Balchunas provided some background on the upcoming launches. He clarified that Canada is preparing spot Solana ETFs to launch this week after the regulator waved the green flag to multiple issuers. He added that the ETFs will also offer staking through TD.

But the initial market reaction to this news has been muted, with the Solana price showing little positive momentum in response to the much-awaited launch of the ETF. CoinGape has also released an extensive Solana prediction for April 2025.

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Vignesh Karunanidhi

Vignesh Karunanidhi is a seasoned crypto journalist with nearly 7 years of experience in the cryptocurrency industry. He has contributed to numerous publications, including WatcherGuru, BeInCrypto, Milkroad, and authored over 10,000 articles

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.





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Mantra (OM) Price Pumps As Founder Reveals Massive Token Burn Plan

Published

5 hours ago

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April 16, 2025

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The Mantra (OM) token price has surged after founder JP Mullin announced plans for a massive token burn. Mullin clarified that he intends to burn his personal team token allocation and implement a “comprehensive burn program for other parts of the OM supply.”

OM Pumps After Founder’s Burn Announcement

The OM token, which had experienced a major price drop over recent weeks, jumped from a low of $0.5115 to as high as $0.8706 following Mullin’s statement on X.

This announcement comes as OM has seen price drops of 87.0% over the past week. CoinGape has released a Mantra OM price prediction for April 2025, which could give you an idea of how the token can perform this month.

Mantra has initially shelved 300 million OM tokens for its team and core contributors. This accounts for 16.88% of the token’s nearly 1.78 billion total supply. These tokens are currently locked and were scheduled for a phased release between April 2027 and October 2029.

The planned burn could possibly take out a huge quantity of these tokens from the market for good. A decentralized vote could decide if all 300 million team token issuance needs to be burnt, as proposed by Mullin.

The announcement has been followed by various reactions from the Mantra community. Some members of the community believed that Mullin’s commitment was a positive development for token valuation, while others were concerned about having long-term issues.

Crypto Banter founder Ran Neuner warned against the move: “Burning the incentive may seem like a good gesture but it will hurt the team motivation long term.”

Mantra Refutes Allegations Following Price Collapse

Mullin’s token burn announcement comes at a difficult time for the project. The company has vehemently denied reports that it holds 90% of OM token supply. It has also rejected allegations of market manipulation and insider trading submitted by some community members.

Mantra explained that the latest price drop of OM occurred due to “reckless liquidations” and not due to anything the team had done. The recent history of the token indicates the size of this drop, with the charts reflecting a nearly 90% decline in value over the past month.

Major cryptocurrency exchanges OKX and Binance both experienced major OM trading activity immediately before the token’s collapse. However, both platforms have denied any wrongdoing in relation to the price crash. Binance mentioned that the crash was mainly due to cross-exchange liquidations.

They attributed the collapse to tokenomics adjustments that were made during October 2024 and abnormal market volatility that ultimately led to high-volume cross-exchange liquidations on April 13.

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Vignesh Karunanidhi

Vignesh Karunanidhi is a seasoned crypto journalist with nearly 7 years of experience in the cryptocurrency industry. He has contributed to numerous publications, including WatcherGuru, BeInCrypto, Milkroad, and authored over 10,000 articles

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.





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Bitcoin & Others Slip As Trump Imposes Up To 245% Tariff On China

Published

10 hours ago

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April 16, 2025

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Crypto Market Update: The digital assets continue to bleed as the US President Donald Trump slapped up to 245% tariff on Chinese goods. The intensifying trade war and macroeconomic concerns have continued to weigh on the investors’ sentiment, wiping off the previous gains from the digital assets space. Bitcoin price today slipped more than 2% while ETH, XRP, SOL, DOGE, and Cardano prices fell between 4% and 7%.

Crypto Market Update: Trump’s 245% Tariff On China Sparks Concerns

The crypto market slipped today after US President Donald Trump escalated the long-standing trade war with China by imposing a fresh 245% tariff on a wide range of imports. According to a White House document released in the late US hours on Tuesday, the move targets critical minerals and related products, citing national security and economic resilience as key reasons.

Meanwhile, the fact sheet stated that China now faces tariffs of up to 245% following its “retaliatory actions” and lack of cooperation. However, this is not the first volley in the tariff saga, as it continued to dampen the crypto market sentiment over the past few weeks.

Trump’s Tariff On China

For context, it began with a 20% levy, followed by a 34% hike on April 2nd. As tensions grew, Trump raised the rate again, reaching 104%. In response, China imposed an 84% tariff on the US goods.

Trump responded by increasing the US tariff to 125%. However, it has excluded certain tech products from China, which has boosted market sentiment. However, just last week, China matched that level, lifting its tariffs to 125%. The situation escalated dramatically this week with the 245% blanket tariff.

The White House cited the need to protect America’s defense sector, tech advancement, and infrastructure. As per Reuters, China exports over $400 billion worth of goods to the U.S. annually — far more than any other country. The impact of this aggressive move is now spilling over into the financial sector, including the crypto market.

How Crypto Prices Are Performing?

The global crypto market cap lost more than 2.3% from yesterday to $2.63 trillion while its one-day volume fell 6% to $73.89 billion. Besides, the fear and greed index showed a reading of 29, indicating a “Fear” momentum hovering in the market.

Notably, BTC price today fell nearly more than 2.5% to $83,368.76, while ETH price fell about 5% to $1,566. On the other hand, XRP price today was down nearly 4% to $2.04 and SOL price slipped more than 3% to $124.89.

Simultaneously, Cardano price today slipped nearly 7% to $0.6032. In the meme coins segment, DOGE price was down around 5% to $0.1528 and SHIB’s value lost around 3% to $0.00001160.

Bitcoin Whale Continues To Dump Amid Crypto Market Woes

The recent slump in BTC price also comes as Bitcoin whales appear to be losing confidence in the asset’s potential amid an intensifying trade war. Besides, speculations are also high that the whales are booking profit, reflecting a waning risk bet appetite of the investors. The US vs China tensions amid Trump’s tariff policies have weighed on the investors’ sentiment, causing a massive selloff in the market.

Crypto Market: Bitcoin whale DumpCrypto Market: Bitcoin whale Dump
Source: Ali Martinez, X

For context, renowned analyst Ali Martinez recently highlighted the selling trend. In a recent X post, Martinez said “Whales have been taking profits during the recent rally.” According to him, the whales have offloaded more than 29,000 BTC from April 9.

✓ Share:

Rupam Roy

Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam’s expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news.
Rupam’s career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.

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.





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