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Here’s Why The Dogecoin And XRP Prices are Jumping Again

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The Dogecoin and XRP prices are jumping again, having witnessed massive declines earlier this week alongside the broader crypto market. This price surge occurred due to several factors, including the regulatory clarity which XRP could soon attain with the Ripple SEC settlement on the horizon. 

Why Dogecoin And XRP Prices Are Jumping Again

CoinMarketCap data shows that the Dogecoin and XRP prices are up over 35 and 6%, respectively, in the last 24 hours. Both coins have recorded these price gains due to several fundamentals which provide a bullish outlook for them. One is the recent report by Journalist Eleanor Terrett that the Ripple SEC case could wrap up soon. 

An end to the Ripple lawsuit is most especially bullish for the XRP price considering that it has been at the center of this long-running legal battle which began in 2020. A positive closure to the case would put to end doubts about XRP’s non-security status and boost investors’ confidence, which is why the coin has witnessed these gains.

An end to the Ripple SEC case is also bullish for the Dogecoin price and other crypto assets since it could lay to rest the argument that this asset class could be regarded as securities. Another reason the Dogecoin and XRP prices are jumping again is the potential 30-day ceasefire and ultimate end to the war between Russia and Ukraine. 

DOGE is currently trading at $0.17. Chart: TradingView

In a Truth Social post, US President Donald Trump revealed that the US had very good and productive discussions with Russian President Vladimir Putin and that there is a “very good” chance that the bloody war can finally end. An end to the Russia-Ukraine war would help stabilize the markets, and the Dogecoin and XRP prices are already reacting to this bullish fundamental. 

Macroeconomic Factors Beginning To Align

Macroeconomic factors are beginning to align for the crypto market’s benefit, which is another reason why Dogecoin and XRP prices are up again. The inflation data which were released this week indicated that inflation in the US may be reducing, which is bullish for these crypto assets. 

The CPI inflation data showed that inflation surged to 2.8% in February, below the expected 3.0%. Meanwhile, the PPI data showed that inflation surged by 0%, way below the expected 0.3%. With these figures, there is some confidence in the market that inflation could indeed be slowing, which could prompt the US Federal Reserve to cut rates. 

Rate cuts are bullish for the crypto market since investors would be confident in allocating enough capital to these risk assets. As such, Dogecoin and XRP prices are already pricing into these developments with their recent surge. From a macro standpoint, these coins could record further gains next week if the Fed adopts a dovish stance at its FOMC meeting and hints at imminent monetary easing policies. 

Featured image from Pixabay, chart from TradingView

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Canary Capital Files S-1 For SUI ETF With US SEC

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Asset manager Canary Capital has filed the S-1 form for its SUI ETF with the US Securities and Exchange Commission (SEC). This comes just a week after the firm filed in Delaware to incorporate the fund.

Canary Capital Files For SUI ETF With US SEC

In an X post, Bloomberg analyst Eric Balchunas revealed that Canary Capital has just filed the S-1 form for its SUI ETF with the US SEC. This filing comes just after the asset manager filed to incorporate the fund in Delaware a week ago. This provides a bullish outlook for the SUI price, which is already eyeing a rally to as high as $7, which will mark a new ATH for the crypto.

Canary Capital becomes the first asset manager to file for a fund that will provide institutional investors access to SUI. Meanwhile, the firm already filed to offer an XRP, Hedera, and Solana ETFs. Last week, the asset manager filed an S-1 with the SEC to launch an ETF tracking Axelar’s AXL token.

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Boluwatife Adeyemi

Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.

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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GT’s Comeback Journey Amid the Crypto Winter

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Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions.

In the cryptocurrency market, volatility and uncertainty are the norm. Recently, the overall market has been on a downward trend. Bitcoin (BTC) dropped by 15% over the past 90 days, and among the top 100 tokens by market cap, only 17 achieved positive returns.

Amid this environment, GateToken (GT) defied the trend with a 65% surge, emerging as one of the few tokens to register significant growth. This phenomenon has drawn widespread market attention and offered a fresh perspective on the evolution of the crypto space.

GT’s performance isn’t an isolated case but rather the result of a confluence of factors. This article will provide an in-depth analysis of GT’s rise in the face of market adversity, examining its underlying technology, ecosystem, and market strategies, as well as comparing it to other mainstream exchange tokens to offer valuable insights for both investors and industry professionals.

Mainstream Assets Plunge: BTC Drops 15%

Against this overall market decline, GT has stood out. According to CoinMarketCap, GT surged by as much as 65% over the past 90 days, ranking among the top 10 tokens in the top 100 by market cap.

The data further highlights GT’s impressive performance over the past year. Its annual gain exceeded 300%, breaking through $17.699 in December 2024 with a 24-hour increase of 20.1%. In January 2025, GT hit a high of $25.960, and its total circulating market cap surpassed $2.5 billion. As of March 2025, GT’s price has been trading between $21.3 and $22.5, with a nearly 60-day gain of 11.44%, underscoring its robust market performance.

Navigating a Volatile Market: GT’s Resilience Stands Out

Market cycles of bull and bear trends are the norm in crypto, yet few assets manage to maintain stability amid such turbulence. Over the past year, GT has demonstrated remarkable resilience, a key characteristic of its market performance. This resilience is reflected not only in its price stability but also in its sustained trading activity and growing volume.

From a technical perspective, the GateChain network completed its v1.1.6 mainnet upgrade in August 2024. The new gas mechanism and burn strategy have laid the foundation for the ecosystem’s steady growth. The enhanced gas-burning mechanism further reduces the total supply of GT, increasing its scarcity and value potential. These technological innovations and optimizations create an efficient and reliable deflationary environment, providing strong technical support for GT’s long-term development.

On the market side, GT’s resilience is also driven by its extensive utility within the ecosystem. It plays a crucial role in trading fee discounts, VIP privileges, staking rewards, and on-chain governance, ensuring consistent market demand. These diverse applications enhance GT’s market value, allowing it to maintain strong trading activity and volume even amid market fluctuations.

Ecosystem Empowerment Fuels Global User Growth

The development of a robust ecosystem is a key indicator of a project’s future potential, and GT has excelled in this area. By rapidly launching innovative products and services, GT has accelerated user adoption and driven substantial growth. As of March 2025, Gate.io’s global user base has surpassed 21 million.

Moreover, by the fourth quarter of 2024, the Gate Web3 ecosystem had significantly enhanced its multi-chain support capabilities through continuous iterations, expanding to 199 public chains and adding over 54 million new addresses. As more applications and public chains integrate, GT is poised to play an increasingly vital role across the entire ecosystem.

Recent announcements indicate that GateChain plans to continually upgrade core functionalities, including DApp development, and expand its Web3 ecosystem to encompass wallets, trading, earn, NFTs, and meme tokens. This ongoing ecosystem empowerment is expected to significantly enhance GT’s value, attract more potential users, and provide richer application scenarios and investment opportunities.

Estimate Recovery: Robust Scarcity and Market Confidence

Beyond that, estimate recovery is a key indicator of a project’s market acceptance. GT’s performance in this area is also impressive. With an innovative and ongoing burn mechanism, the circulating supply of GT has steadily declined, markedly increasing its scarcity.

As the Utility Token and Gas Fee Payment Token on GateChain, GT underpins the network’s core transfer system. Since GateChain went live in 2019, GT has been continuously burned, reducing its total supply by approximately 60% from the initial 300 million tokens.

Recent data reveals that in Q4 2024, GT completed an on-chain burn, with 2,904,885.4321514 tokens destroyed, valued at over $63.9 million. To date, a total of 177 million GT tokens have been burned, positioning it as a leader in burn scale within the industry.

In terms of market capitalization, GT has seen significant improvements in both value and ranking over the past two years. In early 2024, GT’s market cap was under $1 billion; by March 2025, it had surged past $2.6 billion, securing a spot among the top 50 cryptocurrencies globally. Currently, GT boasts a market cap of $2.68 billion, ranking 46th.

GT Quietly Breaks Through Amid Fierce Battles with BNB and OKB

In the cryptocurrency market, GT faces intense competition from seasoned heavyweights such as BNB and OKB. A comparative analysis reveals GT’s survival strategies and development potential as it goes head-to-head with these industry leaders.

Focusing on Core Innovation, GT Has Cracked the Code

 GT’s success is largely due to its agile innovation strategy. By rapidly expanding into emerging markets and continuously launching new products and services that meet market demand, GT has swiftly seized market opportunities. This innovative approach not only enhances its competitive edge but also provides a valuable time window in its battle against established players.

In practice, GT’s innovation isn’t limited to technological advancements. It also lies in its sharp market insights and quick responsiveness. This ability enables GT to adapt rapidly to market changes, capture significant market share in a short period, and successfully establish its competitive advantage.

Leveraging Ecosystem Integration, BNB Focuses on Steady Growth

 In contrast, legacy players like BNB and OKB solidify their market positions through robust ecosystem integration. By forging close partnerships with multiple collaborators and platforms, BNB achieves synergistic growth across various sectors, thereby boosting its overall competitiveness.

Regarding token burn mechanisms, GT currently has a circulating supply of 96 million tokens and a burn rate of 58.06%. This represents the highest burn rate, lowest circulating supply, and most pronounced scarcity among its peers. Meanwhile, BNB employs a relatively conservative burn strategy; however, its market cap remains impressive, exceeding GT’s by more than tenfold and placing it in the fifth position.

Sticking to a Long-Term Vision, Exchange Tokens Thrive

The meteoric rise of GT in the cryptocurrency market is no accident. It’s the inevitable result of multiple converging factors. Its outperformance during market downturns can be attributed to robust resilience, efficient ecosystem empowerment, and ongoing estimate recovery. Through dynamic competition with established industry players, GT has broken through the market by leveraging agile innovation strategies and unique competitive advantages.

As the crypto market and Web3 ecosystem continue to expand, tokens such as BNB, OKB, and GT are poised to play increasingly significant roles, capturing greater market share and earning enhanced user trust. In the ever-evolving crypto landscape, exchange tokens have consistently been a promising avenue for industry growth. However, market uncertainty remains, and their future paths still face numerous challenges.

Disclaimer: The content herein does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please be noted that Gate.io may restrict or prohibit the use of all or a portion of the Services from Restricted Locations. For more information, please read the User Agreement.

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MUBARAK Coin Price Soars 22% Amid This Binance Announcement, What’s Next?

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MUBARAK coin emerged as the latest hot buzz of the crypto sector, securing a prominent mark on traders’ and investors’ radars amid Binance founder CZ’s involvement in the meme coin. CZ recently hinted that he is Mubarak, a shilling cryptic move that sent shockwaves across the meme crypto industry. Now, with the crypto exchange titan itself revealing plans to launch a perpetual contract for the token, market sentiments over the crypto’s price prospects have turned highly bullish.

Notably, MUBARAK price is currently up 22% intraday in the wake of Changpeng Zhao spotlighting the token, further escorted by the CEX’s futures listing.

Mubarak Coin Gains Traction As It Secures Binance Listing

According to an official announcement dated March 17, Binance futures is launching a MUBARAKUSDT perpetual contract today at 13:30 UTC. The platform’s colossal user base remains primed to enjoy up to 25x leverage trading the new token.

This announcement by one of the top crypto exchanges ignited optimistic waves, paving the way for further investor interaction with the new asset. As market participants look to capitalize on emerging opportunities, a gush of money inflow into this meme token remains anticipated.

In turn, bullish market sentiments about MUBARAK coin’s price prevail across the broader market.

Is Binance’s CZ Mubarak?

CoinMarketCap’s data about this new token reveals that “CZ just subtly acknowledged that he’s Mubarak,” a cryptic move that sparked market discussions globally. On the other hand, a recent CoinGape report spotlights that CZ also bought $600 worth of the new meme coin, sparking a market frenzy.

When coupled with Binance’s futures listing, these developments add an extra layer of market optimism to the new token.

What’s More In The Listing Announcement?

Apart from enhanced trading support for MUBARAK coin, the crypto exchange behemoth unveiled Bubblemap’s (BMTUSDT) perpetual contract with up to 25x leverage. This announcement triggered 43% gains in the asset, reaching $0.1289, as indicated by the intraday trading chart.

MUBARAK Price Surges Over 20%

As of press time, MUBARAK price witnessed a 22% pump and exchanged hands at $0.09902. Notably, the coin hit an intraday peak of $0.1458, which was in sync with Binance’s announcement. Further, traders reacted positively to the abovementioned developments, as signaled by a 120% increase in the asset’s intraday trading volume to $165.45 million.

More Support From Binance?

Simultaneously, it’s noteworthy that in a previous announcement on Binance Alpha, the crypto exchange revealed support for the Mubarak coin. Binance Alpha is a platform featuring tokens that can be potentially considered for listings on the exchange moving ahead.

Overall, traders and investors anticipate potential gains in this newly launched token amid rising market demand and interest.

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

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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