Market
Data Scientist Affirms Meme Coins Won’t Make You Rich

The cryptocurrency market has shifted dramatically since the bull market of 2020-2021, which saw significant gains for popular meme coins like Dogecoin, Shiba Inu, and FLOKI.
Crypto Koryo, a data scientist with extensive experience in the field, explains how the meme coin market has evolved, leading to a scenario where investing in these assets is now considered high risk with potentially low rewards.
Are Meme Coins Worth Investing In?
In the past, meme coins benefited from a massive influx of retail investment and limited competition. However, the barrier to creating new coins has lowered substantially, leading to a saturated market.
“Back then, deploying an ERC-20 token wasn’t something the average Joe could easily do. But today, anybody can do it,” Koryo states.
The data backs up his claims. Last month, 138 new meme coins were registered on CoinMarketCap, compared to just 18 in April 2023. This influx has diluted the potential returns for individual these altcoins. Additionally, competition has spread across various blockchain platforms, with even Bitcoin now hosting meme-based tokens.
Read More: 7 Hot Meme Coins and Altcoins that Are Trending in 2024

Investing in these coins involves navigating a volatile market with many choices. Koryo advises that an investor’s portfolio could plummet to zero without substantial diversification.
“Considering the vast majority of these new meme coins will go to $0, you need a lot of diversification if you want to play that game. If there is too little diversification, your portfolio could go to $0 anytime. Too much diversification, and even a 20x on one of them, wouldn’t impact the PnL by much,” Koryo explains.
Furthermore, the shift from a developer-driven to a retail-driven market means that supply and demand dynamics have fundamentally changed. In 2021, demand significantly outstripped supply, but now, the situation has reversed, creating a market where supply overwhelms demand.
The sobering reality is that while they can still offer substantial returns, the chances of success are much lower, and the risks are considerably higher. For most casual investors, the complexities and efforts required to stay profitable are daunting. Koryo concludes,
“Undoubtedly, among the thousands of meme coins launching each year, few will print good numbers. The question is: How does it compare to holding Bitcoin or some bluechip?” Koryo concluded.
As investors navigate this challenging market, these coins should be approached cautiously and consider whether the high risk is worth the potential low reward.
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.
Market
Top 3 Made in USA Coins to Watch In April

Made in USA coins continue to try a rebound, with Solana (SOL), RENDER, and Jupiter (JUP) standing out as key names to watch in April. Despite recent price corrections, each of these tokens plays a major role in high-growth areas like DeFi, AI, and blockchain infrastructure.
Solana has seen its price dip, but ecosystem activity remains strong; RENDER is riding the wave of AI demand despite market turbulence; and Jupiter is showing solid usage metrics even as its token struggles. Here’s a closer look at the technical and fundamental setups for each of these standout U.S.-based projects.
Solana (SOL)
Solana has faced a notable price correction over the past week, with its value dropping nearly 13%. If this bearish momentum continues, the token could be on track to retest the critical support level at $120.
A breakdown below that could see SOL sliding further toward the $112 mark.

Despite the recent downturn, Solana remains one of the most relevant Made in USA coins and continues to show impressive usage metrics. PumpFun, for example, generated nearly $9 million in revenue over the past 24 hours, second only to Tether.
After a short period when BNB led the DEX volume race, Solana seems to be regaining traction—its decentralized exchange volume has surged by 128% in just seven days, reaching $18 billion and surpassing both Ethereum and BNB.
If this recovery in momentum persists, SOL could target a move toward the $131 resistance level. A successful breakout there could open the door to further gains toward $136 and potentially $147.
RENDER
RENDER, one of the most prominent U.S.-based cryptocurrencies with a focus on artificial intelligence, has seen its price decline nearly 11% over the past seven days.
This drop reflects the broader correction that has impacted many AI-related tokens in recent months.
However, new developments in the AI infrastructure space may provide a catalyst for a potential rebound, especially as the limitations of centralized systems become clear.

If bullish momentum returns to the AI sector, RENDER could look to challenge the resistance at $3.47, and a successful breakout might open the door for a rally toward $4.21.
However, if the current correction deepens, the token could fall to test the $3.14 support level. A breakdown there may trigger further losses, potentially dragging RENDER down to $2.83 or even $2.52—its lowest level in recent weeks.
Jupiter (JUP)
Despite Solana’s recent struggles, Jupiter—its leading DEX aggregator—is demonstrating impressive strength in terms of activity.
In the last 24 hours, Jupiter ranked as the fourth-highest protocol in crypto by fee generation, collecting nearly $2.5 million.
Only Tether, PumpFun, and Circle managed to outperform it, highlighting the platform’s growing relevance within the Solana ecosystem even during periods of broader market weakness.

However, JUP, Jupiter’s native token, hasn’t mirrored this positive momentum. Its price has dropped over 21% in the past week, being one of the worst performers among the biggest Made in USA coins. It has remained below the $0.65 mark for three consecutive weeks.
With JUP now hovering dangerously close to a key support at $0.44, a breakdown could see the token dip below $0.40 for the first time ever.
Still, if market sentiment shifts and momentum returns, JUP could begin climbing again—first testing resistance at $0.54, then potentially moving toward $0.598 and even $0.63 if bullish pressure intensifies.
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
Cardano (ADA) Whales Hit 2-Year Low as Key Support Retested

Cardano (ADA) is facing mounting pressure as its price corrects by 10% over the past seven days, continuing a broader downtrend that has kept it trading below the $1 mark for nearly a month. With technical indicators flashing warning signs and large holders exiting their positions, concerns around ADA’s short-term stability are growing.
The recent rejection at higher resistance levels and a strong directional trend signal suggest that bearish momentum is far from over. As the $0.64 support level is tested once again, ADA’s next move could determine whether a rebound is possible—or if further downside is ahead.
Cardano ADX Shows The Downtrend Is Very Strong
Cardano’s Average Directional Index (ADX) is currently at 40.19, rising sharply from 15.83 just four days ago. This steep increase suggests a rapid strengthening in the trend’s momentum.
Given that ADA is currently in a downtrend, the rising ADX indicates that bearish momentum is intensifying and the current downward move is gaining traction.

The ADX is a trend strength indicator that measures how strong a trend is, regardless of its direction. It ranges from 0 to 100, with readings below 20 typically indicating a weak or non-existent trend, while values above 25 suggest a strong trend is in place.
Cardano’s ADX climbing above 40 confirms that the current downtrend is active and becoming stronger. If this trend continues, it may point to further downside pressure unless a shift in momentum begins to build from the bulls.
ADA Whales Dropped To Their Lowest Level Since February 2023
The number of Cardano whales—wallets holding between 1 million and 10 million ADA—has dropped to 2,406, down from 2,421 just four days ago.
This decline brings the whale count to its lowest level since February 2023, marking a potentially meaningful shift in large-holder behavior. These movements are worth paying attention to, as changes in whale holdings often precede broader market trends.
Tracking whales is important because these large holders can significantly influence price action through their buying or selling decisions. A decline in whale numbers can signal reduced confidence or capital rotation into other assets.

In Cardano’s case, the drop suggests that some major players may be exiting or reducing exposure, which could add downward pressure to ADA’s price.
If this trend continues, it could weaken investor sentiment and make it harder for ADA to recover in the short term.
Can Cardano Sustain The $0.64 Support Again?
Cardano price recently tested the support level at $0.64 and managed to hold, showing that buyers are still defending that zone. This support has become a key line in the sand for ADA’s short-term outlook.
If the current downtrend is reversed and bullish momentum picks up, the next upside target would be the resistance at $0.69. A breakout above that level could open the door for a push toward $0.77.

Should the rally continue with strength, ADA could aim for $1.02—marking a return above the $1 level for the first time since early March.
However, the $0.64 support remains a critical level to watch. If Cardano tests it again and fails to hold, it could indicate weakening buyer conviction.
A breakdown below $0.64 would likely send ADA toward the next support at $0.58. This would confirm a continuation of the downtrend and possibly trigger further selling pressure.
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
This is Why PumpSwap Brings Pump.fun To the Next Level

Since launching PumpSwap, token launchpad Pump.fun has resumed its position as a top-level protocol by fees and revenue. It saw over $2.62 billion in volume in less than two weeks, signifying high market interest.
Nonetheless, the meme coin sector as a whole has been more volatile than usual lately. PumpSwap is an attractive new option, but it still needs to stand the test of time.
Pump.fun Surges with PumpSwap
Pump.fun, a prominent meme coin creation platform, recently suffered some difficulties in the market. Facing lawsuits and criticism from the industry, the platform’s revenue had been declining in 2025. However, since launching PumpSwap, Pump.fun’s income has rebounded, making it one of the largest protocols by fees and revenue.

PumpSwap is a decentralized exchange on Solana’s blockchain, and it has grown very quickly since its launch less than two weeks ago. It has already managed over $2.62 billion in trade volume, although its daily volume fell over the weekend. Pump.fun’s cofounder spoke highly about PumpSwap, calling it a “crucial step that will help grow the ecosystem.”

Pump.fun’s overall revenues were declining before it launched PumpSwap, and they have since jumped back up. However, it’s important to not overstate the new exchange’s success. The exchange’s total fees collected have skyrocketed compared to Pump.fun, but the actual revenue growth has been comparatively small.

Still, these low fees also have significant advantages. Demand seems to be drying up in the meme coin sector, but Pump.fun faces stiff competition in the form of firms like Raydium, using low fees as a competitive edge. It has also promised things like revenue sharing with token creators to promote ecosystem growth.
Ultimately, the meme coin market as a whole is full of uncertainty. PumpSwap has been able to keep Pump.fun competitive as a top-level platform in this space, giving it a welcome reprieve. The real challenge will come in determining long-term viability.
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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