Market
Las Vegas Sphere Denies Involvement with Dogwifhat

Dogwifhat’s price dropped nearly 10% in one hour after the Vegas Sphere denied any deal with the meme coin. A crowdfunding campaign raised around $700,000 to put WIF on the Sphere, but this never materialized.
Developers claim that they conducted negotiations through an intermediary due to their non-corporate structure, but this statement may be totally fraudulent.
Did Dogwifhat Lie About Partnership with Las Vegas Sphere?
It’s been a challenging new year for the popular dog-themed Solana meme coin. The token’s price began dropping in November and hasn’t quite recovered. Although a few speed bumps have periodically interrupted this decline, the downward trend is inexorable.
Today, new reports denying any partnership between Dogwifhat and the Vegas Sphere caused the meme coin’s price to plunge nearly 10%.
“We have never had a deal with Dogwifhat, and our agency at the time only had one very preliminary conversation early last year. There was and is no plan for Dogwifhat to appear on the Exosphere, and we are distressed they are using our name for fraudulent purposes,” a Vegas Sphere representative claimed in an interview.
Initially, it may seem strange that the Vegas Sphere has such an impact on Dogwifhat’s price. However, a crowdfunding campaign from early 2024 promised that WIF would appear on the Sphere and raised over $700,000.
Earlier this week, developers teased a Sphere launch, saying they would post dates “as soon as we are allowed to share.”
It appears this was a complete fabrication. Earlier in the week, WIF surged 34% after the Vegas Sphere tease but quickly dropped when the deal never materialized.
Now that the Sphere has accused WIF developers of misinformation, these price wobbles turned into an immediate 10% drop.

The meme coin’s team, for its part, has fervently denied any foul play. In a recent social media post, it claimed that Dogwifhat organizers have been in “ongoing negotiations” with Vegas Sphere representatives.
They claim to have acted through an intermediary since they don’t have a formal corporate structure. They also promised to refund the $700,000 crowdfunded assets if the deal falls through.
“If, by any chance, the plan is not executed, then the contract will be voided and contributions will be returned. There has been no intent to mislead any parties,” Dogwifhat posted on X (formerly Twitter).
Of course, this statement could be a complete lie. Appalling meme coin schemes have risen dramatically since Trump launched his own token, bringing in huge numbers of complete newcomers.
However, If the Dogwifhat team made up a story about the Vegas Sphere to hype up their own meme coin, it’d be far from the worst scam in today’s crypto industry.
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
Binance Managed 94% of All Crypto Airdrops and Staking Rewards

A new report shows that Binance almost has a monopoly in the CEX market in terms of crypto airdrop distribution and staking rewards. In 2024, the exchange received $2.6 billion of a total of $2.7 billion in rewards, amounting to 94% of the entire market segment.
In an exclusive press release shared with BeInCrypto, Binance also revealed that it’s making substantial changes to its airdrop services to improve user experience and make participation easier.
Binance Leads the Market in Crypto Airdrops
Binance, the world’s largest crypto exchange, has become the go-to platform for airdrops and staking rewards. It launched the HODLer airdrop program less than a year ago, providing many new projects with a comprehensive platform to reward early adopters.
In the past year, the exchange has become synonymous with the latest airdrops, as most users are accessing their rewards through the platform.

Based on this impressive performance in the airdrop sector, Binance has substantially upgraded a few of its services. The platform has revamped its Launchpool and BNB Earn pages, making it easier for users to both track and participate in airdrops.
“With these upgrades, we’re making it easier than ever for users to unlock the full potential of BNB and participate in high-quality token launches. The redesigned Binance Launchpool and BNB pages reflect our commitment to user education, simplicity, and maximizing rewards,” said Jeff Li, VP of Product at Binance.
The updated BNB page will give Binance users key benefits, such as real-time information on airdrops across its platforms, including Launchpool, Megadrop, and HODLer Airdrops.
Users will also see features like trading fee discounts, VIP perks, and a historical rewards section. These improvements are designed to help the firm maintain its significant dominance while continuing to focus on integrity.
Hopefully, these improvements will allow the firm to maintain its significant dominance while maintaining its usual integrity. Last month, Binance Research identified some systemic problems with airdrops in general, and the exchange seems particularly concerned with its reputation.
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
Pi Network Price Falls To Record New Low Amid Weak Inflows

Pi Network (PI) has experienced a significant downtrend recently, with price declines that have left many holders facing losses.
The altcoin has failed to break free from this negative momentum, and the market conditions continue to worsen. As a result, investors are losing confidence, and the price may continue to drop further.
Pi Network Continues To Suffer
The Chaikin Money Flow (CMF) continues to show bearish signs, remaining well below the zero line. This indicates that the network is suffering from outflows, meaning that investors are moving their funds out of Pi Network. Despite a bullish start, Pi failed to sustain interest, leading many holders to sell off their positions.
The outflow trend is concerning for investors, as the lack of positive momentum suggests a prolonged downtrend. The market sentiment remains bearish, with sellers outweighing buyers. As the CMF stays in the negative zone, it signals that Pi Network’s price could struggle to find stability in the short term.

The Ichimoku Cloud, a widely used technical indicator, is hovering well above the candlesticks, signaling that the bearish trend is gaining strength. This indicates that there is little upward momentum in the market, and Pi Network is likely to face more downward pressure.
Additionally, broader market conditions are still negative, which suggests that Pi Network may fail to recover in the immediate future. With bearish technical indicators and a lack of support from investors, the outlook for Pi Network remains grim for now.

PI Price Hits A New Low
Pi Network is currently priced at $0.61, having formed a new all-time low of $0.60 after dropping by nearly 14% over the last 24 hours. The altcoin continues to struggle under the weight of negative sentiment and is not showing signs of reversal in the near term.
Based on the ongoing outflows and bearish technical indicators, Pi Network will likely continue its decline. It could fall further to $0.50, potentially forming new all-time lows. The current market conditions suggest that recovery is unlikely without a significant shift in sentiment.

However, if Pi Network can bounce off the $0.60 level, it might regain some support and climb back to $0.87. This would help recover some of the recent losses and potentially give the altcoin another chance at a bullish move. But, without a strong catalyst, it may struggle to break through the resistance levels.
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
TRUMP Token Hits Record Low Due To Liberation Day Tariffs

TRUMP token has faced a significant downturn, failing to recover after a recent decline. The altcoin’s price has been further pressured by the announcement of US President Donald Trump’s Liberation Day Tariffs.
As a result, bearish sentiment has grown, leading traders to capitalize on the negative market conditions.
Trump’s Announcement Took A Toll
The funding rate for TRUMP turned negative over the last 24 hours, signaling increased bearish activity. Traders are shifting to short contracts, betting that the price will decline further. This shift in sentiment follows the announcement of the tariffs, which, despite being a policy move, had a negative impact on TRUMP’s price.
This negative market reaction highlights traders’ skepticism about the future prospects of TRUMP. While the tariff announcement was meant to stimulate market reactions, it instead spurred fear, driving a wave of sell-offs.

Looking at the broader momentum, technical indicators such as the Relative Strength Index (RSI) reveal that TRUMP is far from recovering its recent losses. The RSI remains firmly in the bearish zone, well below the neutral 50.0 mark. With no signs of reversal or bullish momentum, the token is likely to continue facing declines in the short term.
The oversold conditions are not yet reached either, indicating there is still room for further declines. With the RSI not showing any substantial recovery signals, the current downtrend could persist until market sentiment shifts or a new catalyst sparks renewed interest in the token.

TRUMP Price Suffers
TRUMP’s price hit a new all-time low of $8.97 before recovering slightly to $9.29. Over the last 24 hours, the token has seen a 10% decline. This drop has added to its month-long 45% slide, as the token lost crucial support levels, including $12.57 and $10.29.
The ongoing bearish trend suggests that TRUMP could continue to slide, with the next key support around $8.00. If the broader market conditions remain weak and the bearish sentiment continues to dominate, the price could dip further, reaching new lows before any potential recovery.

However, if TRUMP manages to reclaim $10.29 as support, it could mark the beginning of a recovery attempt. Successfully breaching $12.57 could invalidate the current bearish outlook and signal a potential rally, but this would require a significant shift in investor sentiment and market conditions.
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.
-
Altcoin23 hours ago
How Will Elon Musk Leaving DOGE Impact Dogecoin Price?
-
Ethereum22 hours ago
Why A Massive Drop To $1,400 Could Rock The Underperformer
-
Altcoin21 hours ago
Will Cardano Price Bounce Back to $0.70 or Crash to $0.60?
-
Altcoin20 hours ago
First Digital Trust Denies Justin Sun’s Allegations, Claims Full Solvency
-
Ethereum24 hours ago
Whales Dump 760,000 Ethereum in Two Weeks — Is More Selling Ahead?
-
Market16 hours ago
XRP Price Reversal Toward $3.5 In The Works With Short And Long-Term Targets Revealed
-
Market13 hours ago
XRP Price Under Pressure—New Lows Signal More Trouble Ahead
-
Altcoin13 hours ago
Analyst Forecasts 250% Dogecoin Price Rally If This Level Holds