Altcoin
New Bitcoin Meme Launchpad to Turn Altcoins From $500 to $50K
Capitalizing on Pump.fun’s unwavering success, a new Bitcoin meme launchpad dubbed Odin.fun was launched yesterday.
Pump.fun is one of the fastest-growing Web3 protocols, having attracted $100M in revenue in just seven months.
Odin.fun, however, is solely focused on casting a light on Runes tokens, which are pretty much Bitcoin-based meme coins but with technical perks.
Bitcoin diving into the estimated $91B meme coin market is a strategic move. Plus, it shows a hopeful outlook for meme coins – especially ones with utility, like $WEPE and $SOLX.
1. Wall Street Pepe ($WEPE) – Offers Exclusive Trading Insights, Captures $65M on Presale
Wall Street Pepe ($WEPE) has caught the eye of many, already capturing over $65M on presale despite one coin only costing $0.0003665.
Investors are flocking to the presale to grab a slice of $WEPE before it goes live on crypto exchanges, anticipating significant success.
Suggesting it has even brighter days ahead, $WEPE’s success mirrors $PEPU, another frog coin with a cheeky green face, which raised $70M on presale. Following CEX listings, it’s jumped 37% since yesterday.
$PEPU is the backbone of an L2 network that offers double-staking rewards. What sets $WEPE apart, however, is that it gives token holders a leg up in crypto trading by providing them with exclusive industry insights.
Considering that $WEPE has 16 more days until the presale ends, it has the time to surpass $PEPU’s success.
Making the coin all the more appealing to buy, $WEPE holders can earn token rewards by sharing their successful trading experiences, of which 15% of the token’s total supply is set aside.
2. Solaxy ($SOL) – L2 Network Designed to Address Solana’s Painpoints
Solana meme coins have been attracting significant attention, as evidenced by the market cap for Solana tokens hitting $17B.
Donald Trump launching his own Solana meme coin, $TRUMP, is attracting more eyes to the network. Despite going live less than two weeks ago, the coin that celebrates his presidential win already surpasses a $5B+ market cap.
But there’s an issue. During peak times, Solana is no stranger to congestion woes, which causes slow processing times and failed transactions.
Luckily, this is where $SOLX comes in. It’s the gateway into Solaxy, the world’s first Solana Layer-2 (L2) network designed to resolve Solana’s issues by offloading transactions to a side chain.
Solaxy’s utility has never been more important, as reflected in $SOLX having already snagged $16.5M on presale.
Investors are also drawn to buy $SOLX (currently at just $0.00162) because it can be staked at a tremendous 250% APY.
Considering its price is anticipated to rise to $0.032 by the end of this year, now’s a prime time to get involved.
3. LOFI ($LOFI) – Community Meme Coin Focused on Environmental Stability
Up by over 27% since yesterday, $LOFI is making waves in the meme coin arena over its unwavering support of environmental and social causes.
Ultimately, it brings together a strong community that cares about environmental stability through content and collaboration on Sui.
Leveraging the Sui blockchain points to a promising future for $LOFI. The network’s TVL has witnessed significant growth, doubling since October 2024 (from around $5B to $10B).
So does $LOFI’s price, which has risen by a whopping 797%+ since last year, bringing its market cap to a commendable $86M+.
The most popular crypto exchanges for buying $LOFI include MEXC, LBank, and Cetus.
4. Best Wallet ($BEST) – First Ever Crypto Wallet to Feature Presale Tokens
As crypto adoption rises (especially in the US following Trump’s new crypto-friendly regulations), so does interest in reliable digital asset storage solutions.
Best Wallet is a go-to option for crypto fanatics who want to buy, sell, and trade crypto on its user-friendly mobile app.
It’s on a mission to capture 40% of the $11B non-custodial wallet market by supporting presale projects and, soon, 70 major blockchain networks – both of which sets it apart from major competitors, even MetaMask.
$BEST holders are given unrivaled benefits in the crypto wallet, including lower transaction fees, high staking rewards, and community governance.
Better still, it costs just $0.0238 to buy $BEST and reap the benefits.
5. Pups Bitcoin ($PUP) – One of the First Bitcoin Tokens to Transition to Runes
The Bitcoin meme launchpad, Odin.fun, is already attracting notable attention to Runes coins. $PUP has jumped by over 19% since yesterday, when news about its debut broke out.
The trading volume for Runes coins has increased by 63% since yesterday, suggesting a thriving future for such coins.
$PUP was originally a BRC-20 token standard but later transitioned to a Runes standard. Casting a light on it as being one of the first of its kind to experience the switch.
It’s primarily driven and managed by its token holders, designed to spread happy vibes across the crypto sphere and promote world peace through art and community engagement.
One $PUP currently costs around $0.055. As the Bitcoin meme launchpad attracts more attention, it might continue spiking, suggesting now might be a profitable time to buy.
Bitcoin Meme Launchpad Suggests a Profitable Time for Meme Coins
As the Bitcoin meme launchpad continues to capture attention, meme coins are poised for notable growth.
Investors wanting to turn $500 to $500K might find profitable opportunities in meme coins on presale (while their prices are currently low-cap before going live).
Acquiring Runes tokens like $PUP alongside the news of Odin.fun’s launch might also have high-profit potential.
Still, it’s vital to know this isn’t investment advice. You must always DYOR before buying any type of meme coin and never invest more than you’d be sad to lose.
While predictions for Cardano to $1 may seem like a far cry, a cryptocurrency expert has injected new life into the claims. Cardano’s price is headed below 50 cents in search of a new support zone that can serve as a springboard to reach new highs.
Cardano Price Can Still Clinch $1 Despite Price Slump
Market technician Jonathan Carter in an analysis on X predicts that Cardano’s price can reclaim the $1 price point in the coming months. According to Carter, the recent ADA correction will not be a hindrance for Cardano’s price to reach $1.
ADA has lost a jarring 13% over the last week and trades at $0.64 in an unremarkable week for the cryptocurrency. On the daily charts, prices have generally moved sideways, underscoring a lack of investor enthusiasm.
For Carter, Cardano’s recent decline has seen it fail to stay above the $0.65 support level. The analyst opined that a downtrend is the offing for the Cardano price that could see a new support zone of $0.59. Carter says the new $0.59 support zone will hurl Cardano price to reach $1.
“Despite the long correction, the price still has a chance to bounce off this support and rise towards $1,” said Carter. “Otherwise, we will fall to the lower border of the broadening wedge.”
While some investors are eyeing an ADA bounce to $0.70, a plausible play will be a slump below $0.60 before the start of a rally.
A Slew Of Positives For ADA
Despite the pervading negative sentiment around ADA price, the cryptocurrency has a wave of positive fundamentals going for it. Cardano price spiked following Charles Hoskinson’s confirmation of Ripple’s RLUSD on ADA.
Furthermore, Charles Hoskinson reveals that Cardano will play a major role in Bitcoin decentralized finance (DeFi) application. In more positive technicals, Cardano price is forming a cyclical pattern from 2024 that can send prices to astronomical proportions in May.
While the prediction pegged prices at $2.5, optimists say ADA price to $10 is not a crazy hypothesis. The report cites present solid fundamentals and ADA’s over 1,000% spike to set its all-time high back in 2021 as pointers for the seismic rally to $10.
Aliyu Pokima
Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.
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.
Crypto analyst CasiTrades has provided a roadmap for the XRP price, revealing what could happen before the altcoin reaches a new all-time high (ATH). Based on her analysis, XRP could still witness a price decline before it potentially rallies past its current ATH of $3.4.
XRP Price Could Drop To $1.9 Before Rally To New Highs
In an X post, CasiTrades stated that in the event of a deeper flush, the XRP price could wick down to $1.90, suggesting that the altcoin could visit this low before it rallies to new highs. She believes XRP will ideally hold above this $1.90 and avoid dropping to new lows.
The crypto expert noted that the next move is critical. She claimed that if XRP gets that flush with bullish RSI divergence, it could mark the bottom before the altcoin rockets into Wave 3. However, CasiTrades warned that a break below $1.90 could force a reset of the entire new trend count.
Meanwhile, there is still the possibility that the XRP price might not drop to as low as $1.90. CasiTrades stated that $1.95 is the prime target, with subwaves heavily aligning there and a drop to $1.90 only likely to occur in the event of a deeper flush.
It is worth mentioning that US President Donald Trump recently announced reciprocal tariffs on all countries, a move which is set to ignite a global trade war and is bearish for XRP and the broader crypto market. As such, this development could be what sparks the deeper flush and send the altcoin to as low as $1.90.
A Drop To $1.4 Is Also The Cards
In an X post, crypto analyst Brandon asserted that the XRP price is about to have a massive breakout, to the downside. His accompanying chart showed that XRP could drop to as low as $1.4.
On the other hand, crypto analysts such as Ali Martinez have provided a bullish outlook for the XRP price. In an X post, he stated that XRP could be setting up for a rebound. The analyst further remarked that the altcoin is holding above $2 while the TD Sequential flashes a buy signal.
Crypto analyst Javon Marks also recently predicted that Ripple’s coin could surge 44x and reach as high as $99. He alluded to the 2017 bull run as the reason why he is confident that the altcoin could record such a parabolic rally.
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.
Shiba Inu price is on a strong bearish trend, with price indicators recording losses in all time frames. The highly popular meme token now threatens to add an additional zero to its value if the current bear run continues for much longer. Even with Shibarium, SHIB’s layer-2, reaching the milestone of 1 billion transactions recently, the token’s price has not responded positively to this milestone.
Falling Shiba Inu Price Affects Holder Profitability
According to current data, SHIB is down 4.6% in the past 24 hours, 14.7% over seven days and a substantial 54.9% over the past year.
The current context for the SHIB price appears tough for the majority of investors. Based on on-chain analytics, 62% of SHIB investors are at the moment in a loss, while merely 34% are in profit and 4% are breaking even as per IntoTheBlock data.
SHIB has fallen 85.9% from its all-time high of $0.00008616 on October 28, 2021, over three years ago. This extended period of decline has made many of the investors who bought during the bull run in 2021 underwater on their holdings.
The token reflects a high ownership concentration with 74% of SHIB owned by major holders. The concentration may be behind price volatility. This is due to the fact that the moves by the large holders tend to have disproportionate impacts on the market. Major volume trading in the last week has hit $184.02 million which indicates sustained activity even as the price goes down.
Shibarium Milestone Fails To Reverse Trend
Despite Shiba Inu’s layer-2 scaling solution, Shibarium recently achieved a major milestone of 1 billion transactions. However, this accomplishment has not translated into positive price action for SHIB. This disconnect between ecosystem development and token price shows the current market’s focus on overall trends rather than project-specific achievements.
Shibarium is a key component of the Shiba Inu ecosystem that focuses on reducing transaction fees, increasing processing speed, and enabling more advanced applications within the SHIB ecosystem.
The continued negative price action despite reaching such a substantial transaction milestone raises questions about what catalysts might eventually reverse SHIB’s downward trend.
Will Shiba Inu Token Burns Aid In Price Pump?
The Shiba Inu community has historically highlighted token burns as one possible method of driving scarcity and price support. Recent burn behavior has been spotty and inadequate to have any real effect on the enormous Shiba Inu token supply.
After a recent spike in burn rate of more than 12,000%, the last 24 hours have seen the burn rate decline by 60%. During this period, only 37.6 million SHIB tokens were removed from circulation as per Shibburn data.
Token burns continue to be a mainstay narrative among the SHIB community. However, the volume of burning has to rise in order to have an effect on the token’s supply that can be measured. The 17.88% hike in trading volume in the last 24 hours to $311.14 million gives some indications of market action. This potentially could be being driven by the larger holders stockpiling at lower prices.
Vignesh
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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