Unlike highly anticipated airdrops such as Berachain and Pi Network, which were expected for years, KAITO’s airdrop caught many users by surprise. The token was launched by a crypto analytics platform with the same name.

On-chain data shows that top claimers quickly sold off their tokens, leading to strong selling pressure and bearish sentiment. However, if KAITO can regain community trust and capitalize on its plans to tokenize social media content, it may recover from its recent lows and challenge key resistance levels.

KAITO Top Addresses Already Sold Almost All Their Coins

On-chain data for KAITO reveals that the users who claimed the biggest quantities of the coin are no longer holders, indicating strong selling pressure shortly after the airdrop.

Notably, the top 12 claimers received approximately $2.1 million worth of KAITO, but 10 of them have already sold at least a portion of their tokens, and 7 have fully exited their positions.

Only 3 out of the 12 decided to stake their coins, reflecting a cautious approach toward long-term commitment.

This selling trend among the largest claimers suggests a lack of confidence in the token’s long-term value or a strategic move to secure profits following the initial distribution.

Claimers Are Not Holding Their Positions

The broader on-chain activity shows a similar pattern, with 76.7% of all users who claimed KAITO experiencing a balance decrease.

Although not all of them sold their entire holdings, the majority reduced their exposure, indicating a cautious or profit-taking sentiment.

Conversely, 22% of the claimers have not moved their tokens, reflecting strong holding conviction, while only 1.3% increased their holdings, showing minimal accumulation interest.

This distribution pattern suggests that the community’s criticism of KAITO’s tokenomics and airdrop approach might have influenced users’ behavior.

The low accumulation rate combined with the high selling pressure indicates a bearish outlook. The market sentiment appears to be more focused on short-term gains rather than long-term value appreciation.

KAITO Price Prediction: Will KAITO Recover From Recent Lows?

If KAITO can restore community confidence and generate interest through its plans to tokenize social media content using artificial intelligence, its price could continue recovering from the recent lows.

KAITO was hard hit in the first hours after its launch, as was the case with many recent airdrops, such as Berachain. If it can recover from the recent strong selling pressure, it could test $1.5 or even $2 very soon.

However, if selling pressure persists, it could face further declines, especially as Dune data shows that less than 30% of the total KAITO supply has been claimed so far.

This indicates that a significant portion of the tokens could still enter the market. That could potentially increase selling pressure and push prices lower.

If this scenario happens, KAITO could test the support at $0.89. If that level is breached, the price could drop below $0.8 or even $0.7.

The PEPE price is currently trading within a Falling Wedge pattern, a historically bullish indicator that suggests an imminent breakout. A crypto analyst predicts that a decisive move above key resistance levels could trigger a 150% rally towards new all-time highs for PEPE.   

Key Resistance To Ignite PEPE Price Rally

Over the past few weeks, Pepe, the popular frog-themed meme coin, has been stuck in a downtrend, consistently rejecting off of a descending resistance trendline. The meme coin had initially experienced significant gains earlier this year. However, with the recent volatility and the decline in the broader market, PEPE and many other cryptocurrencies have recorded severe losses. 

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Despite the bearish performance, a pseudonymous TradingView analyst called ‘MyCryptoParadise’ has shared a bullish forecast for the PEPE price. The analyst projects that it could experience a massive 150% price surge, pushing it to $0.00003 and marking new all-time highs. 

For this prediction to become a reality, Pepe will have to confirm a price reversal by breaking above the descending resistance and claiming a new support, as seen on the chart. The TradingView analyst has asserted that Pepe must surpass the $0.000015 resistance, claiming it as new support and a potential launch pad to the bullish $0.00003 target. 

While breaking above a key resistance may seem like an easy feat, the PEPE price has failed to do so over the past few weeks. The meme coin has rejected multiple breakout attempts; however, technical indicators reveal that Pepe’s current price fundamentals remain bullish.

Notably, Pepe is trapped inside a Falling Wedge on its price chart, a pattern known to precede significant upward momentum once resistance is broken. If demand from buyers successfully pushes PEPE above its $0.000015 resistance level, the analyst believes that a parabolic rally may be in store for the meme coin. 

Pepe also forms a bullish divergence on the histogram in its chart, signaling a possible shift in momentum to the upside. The analyst has indicated that for Pepe to reach its projected ATH target, bulls will have to take control, helping to push the meme coin above the Falling Wedge pattern.  

Currently, the asset is sitting at $0.000006 and $0.000012, where buyers have historically stepped in to defend prices and avoid further breakdowns. A surge from its current price of $0.00000945 to $0.00003 would represent an over 150% increase. 

Bearish Scenario Unveiled

While he shared his bullish projection for the PEPE price, the TradingView analyst also presented an alternative bearish outlook for the meme coin. The analyst urged traders to remain cautious, as failing to hold the $0.000006 and $0.000012 could invalidate the previous bullish setup. 

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The analyst predicts that if the meme coin fails to break this zone, it could trigger increased downside pressure, exposing the meme coin to more risks and possibly triggering a deeper sell-off that would put bears in complete control.

Featured image from LinkedIn, chart from Tradingview.com

As the artificial intelligence industry booms, more investors are showing interest in AI crypto projects. In fact, the sector has grown several folds to a market cap of $29 billion as seen on CoinGecko. 

Fartcoin and AI16z, both launched in October 2024, are some of the newbies in the market that have grown to a valuation of over $300,000. iDEGEN, the uncensored AI agent, is set to capitalize on this boom. 

Meanwhile, Ripple remains one of the top-performing crypto majors as more entities file for XRP ETFs. With a crypto-friendly US administration and increased global adoption, Ripple price is set for a breakout. 

Ripple ETFs expected to yield an XRP price breakout

Ripple remains one of the top-performing crypto majors as more entities file for Ripple ETFs. In recent days, SEC acknowledged receiving proposals from Grayscale, Bitwise, and CoinShares. Cboe BZX Exchange is the latest to join the list after filing its proposal to list WisdomTree XRP Fund.

Investors are optimistic of the approval of these filings under the leadership of pro-crypto SEC Chair, Paul Atkins. Coupled with the friendly environment harnessed by President Trump and the expected surge in Ripple adoption, the crypto is set for a breakout in the ensuing months. 

At its current level, the bulls are gathering enough momentum to break the resistance at $2.7450. If successful, the next target will be at $2.9100. This thesis will remain valid for as long as the crypto remains above the crucial support zone of $2.3357.

iDEGEN set for 100x growth as it positions itself in the looming US-China AI supremacy battle 

Even before hitting the public shelves on 27th February, iDEGEN is already stirring the waters in the AI meme space. Since its launch in November 2024, it has raised more than $23.9 million from over 25,000 holders.  

Since its inception, iDEGEN’s creators have been keen on introducing developments that will set it apart from its competitors for the good of its holders. For instance, the AI agent started on a black slate and relied on crypto degens on X to learn, adopt, and tweet. 

The community took it upon itself to raise it and shape it as it desired. It is this engagement that bolstered the project’s virality; a necessary component of a successful meme coin. The hype had it trending in both the US and the UK. 

Besides, its V2 and V3 upgrades have expanded iDEGEN’s reach. It has gone on to integrate the ultra-popular DeepSeek; strategically positioning itself in the looming US-China AI supremacy battle.

Additionally, there are rumors of a listing on Binance. Whether or not this will materialize, iDEGEN has the potential to record 100x growth in the coming months. Hurry up and buy iDEGEN here.

Solana price readies for recovery on the back of the filed ETFs

In one month, Solana price has plunged by about 40% amid the risk-off mood that recently swept across the cryptocurrency market. However, it is set for recovery as more companies seek SEC’s approval for Solana-based ETFs. This includes forms like Bitwise, Canary, and VanEck.

With an RSI of 33, it is bordering the oversold territory. Besides, the indicator is facing upwards; hinting at a rebound. 

At its current level, the bulls are defending the support at $167.34 as they gather enough momentum to break the resistance at $186.21. It may remain within this range in the near term as the death cross pattern remains in place. However, with improved market sentiment, Solana price has the potential to rebound to the 50-day EMA at $205.