Market
3 altcoins for potential 10x gains: iDEGEN, Dogecoin, XRP
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Crypto’s total market cap is at $3.67 trillion as extreme greed defines the sentiment in the market. Even with the current profit-taking mood, BTC’s rally past the psychologically crucial zone of $100,000 has sustained the bullish trend across the major coins and meme coins.
Beyond the Bitcoin-led rallying, XRP’s increased use in cross-border transactions and Dogecoin’s online community have them set to reach the $3 and $5 mark respectively. Besides, there is a new entrant taking over the crypto space by storm. iDEGEN, which is leveraging on the power of AI and social media, offers investors an opportunity to profit from its virality.
XRP charges towards the $3 mark
In the just concluded week, Ripple price edged closer to its multi-year high of $3 as it traded in the green for five consecutive weeks. It has overtaken Solana and Tether to become the third largest crypto by means of market cap as seen on CoinMarketCap. Over the past 7 days, its price has been up by 34.8%.
Notably, reports that President Donald Trump plans to shift regulatory powers from SEC to CFTC has boosted the crypto. These reports, coupled with the fading impact of SEC’s lawsuit on XRP have benefited the cryptocurrency.
Besides, Ripple’s demand has continued to rise as it partners with various financial institutions for use in cross-border transactions. While it has since pulled back from its 7-year high, the bulls remain in control and are set to ride on these catalysts to the $3 mark.
iDEGEN’s immense potential lies in its uniqueness
As AI agents steadily and aggressively take over the cryptocurrency space, one of the projects on savvy investors’ radar is iDEGEN. Indeed, its uniqueness has earned it a top spot on the list of meme coins to consider when building a profitable crypto portfolio in 2026.
One of iDEGEN’s features that have captured investors’ attention is its unique approach to community engagement. While it has no guard rails, the AI agent posts on Crypto Twitter every 60 minutes.
Through the power of artificial intelligence, it learns from every comment, tweet, or interaction availed to it by crypto degens. This means that social media is at the core of its development. It is this community that has birthed a huge buzz around the crypto project and a growing number of investors are keen on accumulating some tokens before its value skyrockets.
Additionally, its unique, high-successful presale model has highlighted the project’s huge potential. As opposed to the usual static presales adopted by mostar crypto projects, iDEGEN has used the route of a dynamic auction.
To attract more investors, the price of $IDGN tokens changes every 5 minutes depending on the market activity. If an investor buys some tokens within this time frame, the price stays unchanged during the next 5-minutes period. However, purchases in two two consecutive intervals prompts the price to surge by 5%. On the other hand, absence of a purchase within five minutes leads to a price decline of 5%.
This unconventional approach has been very successful; raising over $3.26 million with more than 617 million $IDGN tokens being sold. As at the time of writing, the price stood at $0.00399.
The auction, which was launched on 26th November 2024 is set to end in January 2025 before being listed on major cryptocurrency exchanges. As such, investors looking to jump onto this unique opportunity still have time to purchase some $IDGN tokens before it hits the public shelves. You can buy the iDEGEN token here.
Dogecoin’s 3-year high in focus
What began as a joke in 2013 has grown into one of the top ten cryptocurrencies with a market cap of $68.34 billion. Notably, it uses a simplified algorithm as rides on its popularity on social networks rather than the concept of scarcity.
In fact, it has no supply limit; with an additional 10,000 coins mined per minutes. Even so, its online community, led by Elon Musk, has pushed its value up by about 260% since 2021 when its popularity soared.
Over a span of one month, its price has risen by close to 150% with its price soaring from $0.29 to $0.46 as at the time of writing. As the meme coin continues to trade above the 20 and 50-day EMAs, the current bullish trend is set to continue with its three-year high of $0.50 in focus.
Market
Berachain (BERA) Falls 15% After Recent Rally Surge
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Berachain (BERA) is down almost 15% in the last 24 hours, with its market cap now at $778 million, although its price remains up nearly 20% over the past seven days. This sharp pullback comes after a strong rally between February 18 and February 20, when BERA reached levels above $8.5.
BERA’s Relative Strength Index (RSI) has dropped from overbought levels, signaling a loss of bullish momentum, while its Directional Movement Index (DMI) shows growing bearish pressure. As BERA navigates this correction phase, it faces key support at $6.1, with potential resistance levels at $8.5, $9.1, and $10 if bullish momentum returns.
BERA RSI Is Dropping Steadily After Touching Overbought Levels
Berachain Relative Strength Index (RSI) is currently at 50.6, down sharply from 86.7 just two days ago when its price surged above $8.5. RSI is a momentum oscillator that measures the speed and change of price movements, ranging from 0 to 100.
It is commonly used to identify overbought or oversold conditions, with values above 70 indicating overbought levels and below 30 suggesting oversold territory.
The steep decline in BERA’s RSI reflects a significant loss of bullish momentum after reaching overbought levels above 86, where a correction was likely.
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With RSI now at 50.6, BERA is in a neutral zone, suggesting that buying and selling pressures are relatively balanced.
This could indicate a period of consolidation as the market digests recent gains. If RSI continues to decline below 50, it could signal increasing bearish momentum. This could lead to a further price drop for BERA.
Conversely, if RSI stabilizes and begins to rise, it could suggest renewed buying interest and a potential recovery in Berachain price.
BERA DMI Chart Shows Buyers Are Losing Control
Berachain Directional Movement Index (DMI) chart shows its Average Directional Index (ADX) currently at 50.5, after peaking at 60.2 yesterday, up from just 13.3 five days ago. ADX is an indicator used to measure the strength of a trend, regardless of its direction, ranging from 0 to 100.
Values above 25 typically indicate a strong trend, while values below 20 suggest a weak or sideways market. The sharp rise in ADX reflects a significant increase in trend strength, confirming that BERA has been experiencing strong directional movement recently.
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Meanwhile, BERA’s +DI is at 24.4, down from 48.4 two days ago, indicating weakening bullish momentum. Meanwhile, -DI has risen to 15.1 from 4.9, suggesting growing bearish pressure.
This shift signals that the bullish trend that drove prices higher is losing steam, and selling interest is beginning to increase.
If -DI continues to rise above +DI, it could indicate a bearish crossover, signaling a potential reversal or deeper correction in BERA’s price. However, if +DI stabilizes and moves upward again, it could suggest a continuation of the uptrend, albeit with reduced momentum.
Will Berachain Fall Below $6 Soon?
Berachain surged 53% between February 18 and February 20, pushing its price above $8.5 after the coin struggled following its airdrop. However, after this sharp rally, BERA entered a correction phase and is currently down almost 15% in the last 24 hours.
This pullback suggests profit-taking and a shift in market sentiment as buyers hesitate to push prices higher. If the downtrend continues, BERA could soon test the support at $6.1, and a break below this level could lead to a further decline towards $5.48, reflecting increased selling pressure.
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On the other hand, if Berachain can regain its bullish momentum from a few days ago, it could rise above $8.5 again, potentially testing the next resistance levels at $9.1 or even $10.
To confirm this bullish scenario, Berachain would need to see renewed buying interest and strong upward momentum. If buyers can defend key support levels and push the price above resistance zones, it could indicate the continuation of the uptrend.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
Bitcoin Could Rebound to $100,000 Soon Despite Bearish Pressure
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Bitcoin (BTC) has been trading below $100,000 since February 5, facing continued resistance despite attempts at recovery. Recent indicators suggest that sellers have gained control, with BTC’s Directional Movement Index (DMI) showing increased bearish pressure.
However, the Ichimoku Cloud points to a potential reversal if Bitcoin can break above key resistance zones. If bullish momentum returns, BTC could test the $97,756 resistance and possibly retake the $100,000 level, with $102,668 as the next target.
BTC DMI Shows that Sellers Gained Control In the Last 24 Hours
Bitcoin’s Directional Movement Index (DMI) shows its Average Directional Index (ADX) currently at 21.2, after briefly touching 22.9, rising from 15.5 two days ago.
ADX measures the strength of a trend without indicating its direction, ranging from 0 to 100. Typically, values above 25 indicate a strong trend, while values below 20 suggest a weak or ranging market.
With ADX hovering around 21.2, Bitcoin’s trend is relatively weak, signaling a potential transition period.
This suggests that the previous uptrend momentum is losing steam, possibly leading to a reversal or the beginning of a downtrend.
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Meanwhile, Bitcoin’s +DI is at 15.5, down from 23.3 just one day ago, indicating a decline in bullish momentum, while -DI has climbed to 21.9 from 9.2, reflecting growing bearish pressure.
This crossover, where -DI has moved above +DI, indicates that sellers are gaining control over the market, potentially signaling a shift from an uptrend to a downtrend.
If -DI continues to rise and +DI remains weak, Bitcoin could see increased selling pressure and a potential price decline. However, if +DI stabilizes and rebounds, Bitcoin might consolidate before choosing a more definitive directional move.
Bitcoin Ichimoku Cloud Paints A Bearish Picture, But It Could Change Soon
The Ichimoku Cloud chart for Bitcoin shows a mixed outlook with early signs of potential recovery. The blue Tenkan-sen line is currently above the red Kijun-sen line.
This crossover suggests that buying pressure is trying to recover, which could support a potential upward move.
However, Bitcoin’s price is still below the Kumo cloud, signaling that the overall trend remains bearish and that resistance is strong above the current levels.
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The Kumo cloud ahead is thin and slightly shifting upwards, suggesting that the bearish momentum might be weakening. If Bitcoin can break above the cloud, it would signal a potential trend reversal, especially if the Tenkan-sen continues to lead above the Kijun-sen.
Conversely, if Bitcoin fails to break above the cloud and the Tenkan-sen drops below the Kijun-sen again, it would confirm a continuation of the bearish trend.
For now, Bitcoin faces a crucial resistance zone, and the next move will depend on whether it can clear the cloud or get rejected downward.e
Bitcoin Could Return to $100,000 Very Soon
Bitcoin was on the verge of forming a new golden cross yesterday before the Bybit hack triggered a sharp price drop from $98,000 to roughly $95,000 within four hours.
Its Exponential Moving Average (EMA) lines are still bearish, with short-term EMAs positioned below long-term ones, indicating ongoing downward momentum.
This bearish setup suggests that selling pressure remains dominant. If sellers continue to control the market, Bitcoin could retest the support at $94,818, which was maintained during yesterday’s decline.
If this support breaks, Bitcoin could drop further to $93,415, and a continued downtrend could push it as low as $91,300.
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However, if Bitcoin price manages to recover from this drop, there are signs that the downtrend may not be as strong as it seems.
Both the ADX and Ichimoku Cloud indicate weakening bearish momentum, suggesting that a reversal is possible. In this case, Bitcoin could test the resistance at $97,756, and if this level is broken, it could rise to $100,000.
Should the uptrend gain more momentum, Bitcoin could continue climbing to test $102,668, marking its highest levels since early February.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
Myanmar Junta Leader’s Social Media Hijacaked for Crypto Fraud
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Hackers potentially took control of the official X account of Myanmar’s military junta leader on Saturday, using it to promote a fraudulent cryptocurrency.
This incident could be the part of a growing trend where scammers exploit high-profile political figures to add credibility to scam tokens, deceiving unsuspecting investors.
Another Political Crypto Scam Now Targeting the Myanmar Government
On February 22, the X (formerly Twitter) account belonging to Myanmar’s junta leader, Min Aung Hlaing, began posting about a so-called national cryptocurrency launch.
The posts described it as “Myanmar first national crypto,” attempting to present it as an official digital asset.
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Crypto users on X quickly noticed irregularities. The hackers initially shared multiple cryptocurrency wallet addresses before deleting them.
Soon after, they claimed the launch was postponed and provided a new wallet address, raising further suspicion.
“This account from the government of Myanmar has been hacked . Dropped several CAs and deleted, as well as announcing a space then deleted 3 minutes later,” one user wrote on X.
Meanwhile, market observers questioned whether a military-led government could successfully launch a cryptocurrency. They noted that such an initiative contradicts the principles of decentralization.
One user pointed out that state-backed digital assets often serve as a tool for financial control rather than innovation. The analyst also speculated that countries under economic sanctions might explore cryptocurrency as a way to bypass traditional financial systems.
“Signals a shift: more nations exploring state-backed crypto to sidestep sanctions & SWIFT dependence Geopolitically, it’s a test case If it works, expect more isolated regimes to follow This isn’t about innovation but it’s about sovereignty vs financial gatekeeping,” Cedric Beau stated.
Meanwhile, this attack on Myanmar’s junta leader follows a broader pattern of cyber threats targeting political figures.
Earlier this month, the Central African Republic’s President, Faustin-Archange Touadéra, introduced an official meme coin called CAR. The token was meant to highlight the country’s confidence in blockchain technology.
While that initiative was legitimate, hackers have used similar tactics to deceive users by falsely linking government officials to fake token launches.
Just days ago, scammers impersonated Saudi Arabia’s Crown Prince Mohammed bin Salman to promote a fraudulent cryptocurrency.
In another case, anonymous hackers took over the X account of former Malaysian Prime Minister Mahathir Mohamad to push a fake meme coin.
These incidents reveal a troubling pattern of hackers hijacking political figures’ social media accounts to promote fraudulent cryptocurrency schemes. By exploiting their identities, scammers create a false sense of legitimacy for fake tokens.
As these scams become more common, users must stay vigilant and verify sources before engaging with any token promotions linked to public figures.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
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