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Ripple CEO Gets XRP Tattoo, Showing “1000%” Confidence in Token Future
Brad Garlinghouse, the Harvard-educated CEO of Ripple Labs, has declared his unwavering belief in XRP by tattooing the token’s logo on his arm. Key Takeaways: Ripple CEO tattooed the XRP logo and key court date to show “1000%” confidence in the token’s future. Ripple and the SEC are moving to end their years-long legal battle. The court’s ruling left XRP’s retail sales untouched but confirmed institutional sales violated securities laws. On Sunday, the fintech chief responded to a popular crypto X account that pointed out the boldness of getting inked past 50, especially amid Ripple’s ongoing legal saga with the U.S. Securities and Exchange Commission (SEC). “When someone with a Harvard MBA gets a tattoo after 50 they have thought it through and know it’s only going to change in a good way,” the user wrote. The Ripple CEO responded , “1000%.” Garlinghouse Tattoos Key XRP Court Ruling Date Garlinghouse’s tattoo includes the XRP icon and July 13, 2023, the date when a court ruled Ripple’s XRP sales to institutional investors violated securities laws but cleared retail sales. The ruling marked a turning point in Ripple’s legal fight with the SEC, which sued the company in December 2020 for alleged securities violations. The Ripple CEO’s bold show of support comes as the company and SEC seek to resolve the case. Last week, Garlinghouse announced the company is dropping its cross-appeal against the SEC. “Ripple is dropping our cross-appeal, and the SEC is expected to drop their appeal, as they’ve previously said,” he said. 1000% — Brad Garlinghouse (@bgarlinghouse) June 28, 2025 The development comes just a day after the US district court denied a joint request from Ripple and the SEC seeking an indicative ruling to reduce Ripple’s $125 million civil penalty and reverse the order labeling Ripple’s institutional XRP sales as securities transactions. Judge Analisa Torres wrote that Ripple’s willingness to “push the boundaries” of the prior summary judgment indicated a likelihood of further violations. Ripple’s chief legal officer Stuart Alderoty commented on the court’s decision, saying Ripple had two options: to drop its appeal or continue challenging the finding. He emphasized that regardless of the path chosen, “XRP’s legal status as not a security remains unchanged,” reassuring investors that Ripple’s operations would proceed normally. While the court ruled that Ripple’s programmatic sales of XRP did not constitute securities transactions, it held that Ripple’s institutional sales did. XRP Ledger Rolls Out New Upgrade Amid Rising Interest As reported, RippleX, the development arm of Ripple, has rolled out version 2.5.0 of the XRP Ledger , introducing several protocol upgrades aimed at strengthening network functionality and security. RippleX engineer Mayukha Vadari has called the upgrade “possibly the best single lineup of amendments” ever released, introducing significant improvements to token management and transaction processing. The XLS-85 amendment upgrades the escrow system by allowing third-party issued tokens, including stablecoins, and introduces multi-purpose tokens designed for institutional applications. Another key change, XLS-56, enables wrapper transactions that can combine up to eight steps into a single action, aiming to lower failure rates in complex transaction flows and improve network efficiency for advanced use cases. The new update comes as the XRP Ledger has recorded a surge in user activity , with the number of daily active addresses climbing from an average of 35,000 to over 295,000. The post Ripple CEO Gets XRP Tattoo, Showing “1000%” Confidence in Token Future appeared first on Cryptonews .

cryptonews 2025-06-30 15:34
Arbitrum Explodes 20% as Yapyo SocialFi Mania Triggers Flywheel Effect — $0.5 Next?
Ethereum Layer-2 blockchain Arbitrum ( ARB ) has finally awakened from its slumber, posting impressive 20% gains over the past 24 hours, driven by mounting excitement around the Yapyo SocialFi presale launch. At press time, ARB trades at $0.3582, having briefly touched a session high of $0.3891 from psychological support levels near $0.30 . Source: Cryptonews This surge has extended the token’s weekly performance to 34.42%, marking a complete recovery from June lows of $0.2527. Yapyo SocialFi Flywheel Effect Drives Arbitrum Layer-2 Momentum The Arbitrum rally appears closely tied to the highly anticipated launch of Yapyo, a social sentiment tracking platform built on the Arbitrum network and powered by leading AI-driven SocialFi infrastructure providers Kaito and CookieDAO. With the Yapyo presale scheduled for 1:00 PM UTC, demand has surged for ARB, USDC, and ETH on the Arbitrum network , all of which are required currencies for participating in the first-come, first-served presale event. STAY ALERT. Presale drops Monday @ 1PM UTC, with a 30-min head start for Top Yappers. Leaderboard shows the last 24h, but the final snapshot will lock in the full 7D grind. You’ve still got time to yap ‘til Monday morning (UTC). Yap fast. Rank high. Secure your spot. Powered… pic.twitter.com/YxTL33Vw5b — YAPYO (@yapyo_arb) June 28, 2025 The excitement has driven exceptional trading activity. Arbitrum has witnessed a staggering 590% volume increase in the last 24 hours, with over $770 million worth of ARB changing hands during this period. Source: CoinMarketCap This volume surge is particularly noteworthy, given Arbitrum’s market capitalization of approximately $1.8 billion, which results in an impressive market cap-to-volume ratio of 42.45%. The recent performance has reignited optimism among Arbitrum supporters, with many believing the token is positioned to reclaim the $0.5 level, a threshold it has traded below since February. Cryptocurrency trader GL_crypto expressed confidence in Arbitrum’s trajectory, suggesting the market should monitor for bullish confirmations that could help establish $0.51 as sustainable support. $ARB W1 TF (quoted post) Drop into the first lower range and a 35% bounce so far. Projection looks good, but it still needs bullish confirmations (to reclaim $0.51 as support). NFA Updates on https://t.co/yNsxRvQK1A https://t.co/NRm1SgRauQ pic.twitter.com/jhlYhXegsM — GL Crypto (@glcrypto1618) June 30, 2025 A technical chart analyst also highlighted that ARB appears to be forming a descending channel pattern, advising traders to watch closely for a potential breakout that could trigger gains of 80% or more. Robinhood-Arbitrum Partnership Rumors Ignite Rally As Ecosystem Tokens Pump Alongside ARB Beyond the Yapyo catalyst, speculation has emerged regarding a potential partnership between Robinhood and Arbitrum to develop a blockchain platform that enables European investors to trade U.S. equities. An upcoming fireside chat in Cannes (7:45 pm CEST) featuring Robinhood, Arbitrum (Offchain Labs), and Ethereum co-founder Vitalik Buterin has fueled speculation that such collaboration discussions may be underway. ALERT : ROBINHOOD looks to be launching an L2 with ARB tech stack. • Bloomberg: Robinhood building a blockchain platform for EU stock trading • Tomorrow’s fireside chat in Cannes (7:45pm CEST) features Robinhood, Arbitrum (Offchain Labs), and Ethereum’s Vitalik Buterin… pic.twitter.com/q2tBLuTa9a — Front Runners (@frontrunnersx) June 29, 2025 Whale activity suggests institutional positioning in Arbitrum may be accelerating. A week ago, a multisig wallet potentially linked to Gelato Network transferred 20 million ARB tokens ($5.39 million) to market maker GSR. Subsequently, GSR’s trading activity in ARB has increased noticeably, with the firm’s public wallet depositing 9.48 million ARB ($3.1 million) to Binance in what appears to be systematic accumulation. Source: Lookonchain Arbitrum-native tokens are experiencing synchronized strength today. The Camelot DEX native token GRAIL has surged 34% in the past 24 hours , likely benefiting from Yapyo’s exclusive launch on the Camelot platform. Arbitrum’s fundamental metrics continue to follow an upward trajectory. Data from DefiLlama indicates the total value of assets locked on the Layer-2 network has reached approximately $2.5 billion. Source: DefilLama Network activity remains robust, with 440,000 wallet addresses active on the chain over the past seven days, representing a 20% increase from the levels seen in May. The stablecoin market capitalization on Arbitrum has surpassed $3.3 billion, maintaining a $1 billion or more advantage over competing networks, including Polygon, Sui , Avalanche, and Aptos. Arbitrum Flag Pattern Breakout Confirmed: Next Stop $0.3828, Then $0.4009 The ARB/USDT 30-minute chart displays a compelling bullish structure following a consolidation period. Price initially rallied from support in the $0.30-$0.32 range, backed by an upward-sloping 100-period moving average that signals sustained momentum. Source: TradingView A brief downward channel formed after the initial rally, representing a temporary correction phase. However, the subsequent breakout above the channel’s upper boundary, followed by a successful retest and rebound, confirms a bullish continuation pattern. Currently, price action maintains above the $0.35 level, while the RSI has recovered from mid-levels around 54.96, indicating additional upside potential before reaching overbought territory. Should momentum persist, price targets include resistance levels at $0.3828, $0.4009, and potentially $0.4229. The post Arbitrum Explodes 20% as Yapyo SocialFi Mania Triggers Flywheel Effect — $0.5 Next? appeared first on Cryptonews .

cryptonews 2025-06-30 15:22
Altcoin Season Building Up, These Cryptos Are Leading Early
The post Altcoin Season Building Up, These Cryptos Are Leading Early appeared first on Coinpedia Fintech News Bitcoin’s explosive rally to $111,970 has reignited hopes of a long-anticipated altseason. While the crypto king leads the charge, analysts warn the altcoin market is not quite ready to follow—at least, not yet. The remainder of this bull cycle may hinge on one crucial signal: a breakdown in Bitcoin dominance, potentially triggering a powerful rotation into altcoins. Is Bitcoin Dominance the Key to Altseason? According to crypto analyst Kyledoops from Crypto Banter , Bitcoin’s current market cycle is around 75–80% complete, with the final 20% likely to bring explosive upside. On a recent podcast, he projected a strong Wave 3 move could send Bitcoin to $125K–$130K by September, backed by bullish indicators including Market Cipher B, rising money flow, and green dots on the weekly chart. With the S&P 500 and other major equities hitting all-time highs, Bitcoin appears poised to follow the upward momentum. However, for altcoins to truly rally, a breakdown in Bitcoin dominance—currently nearing the apex of a rising wedge between 66%–69%, is necessary. A rejection at these levels, analysts believe, could finally mark the beginning of a genuine altseason. Early Signs: Which Altcoins Are Moving? Although broad altcoin strength is still pending, select tokens are starting to show bullish setups: SUI has rebounded off the 0.618 Fibonacci level, currently sitting in profit with reduced risk. Solana (SOL) bounced from a fair value gap and may retest the $145 level soon, though a full reversal is yet to confirm. Fantom (FTM/S) has broken out of its downtrend and is targeting a move above $0.38 , which would be an early bullish sign. ONDO , while sitting at range lows, could see action if Bitcoin dominance begins to fall. Meme Coins Are Heating Up Nobody Sausage saw a 130% spike , maintaining a bullish posture pending trendline confirmation. FartCoin is hovering at the 50% retracement zone . Popcat is in a reaccumulation phase between $0.20–$0.24 . PEPE must reclaim its 50% Fibonacci level to prevent further downside. Other Notable Setups NEAR may be forming a double bottom , showing early bullish signs. GokuCoin continues its upward move on strong fundamentals. Chainlink remains indecisive, currently in “no man’s land.” USELESS offered no notable market signals. Outlook: Patience May Pay Off Kyledoops emphasizes that most altcoins are still in accumulation, and a full-scale rally is unlikely until Bitcoin dominance breaks down and the SPX500 confirms continued momentum. While the market setup for altseason is gradually forming, analysts caution that timing is everything. The next few months could offer golden opportunities—but only for those who stay patient and watch the key indicators closely. FAQs How is the crypto market doing today? As of today, June 30, 2025, the crypto market is showing a mixed performance. Bitcoin is trading around $107,500 with a slight dip, while Ethereum is showing some upward movement. The overall market capitalization is around $3.41 trillion, with some altcoins experiencing minor gains and others showing slight declines. What is altcoin season in the cryptocurrency market? Altcoin season, or altseason, is a period when cryptocurrencies other than Bitcoin (altcoins) significantly outperform Bitcoin in terms of price growth. It’s characterized by capital rotating from Bitcoin into altcoins, leading to rapid and substantial gains across a wide range of alternative cryptocurrencies. What typically happens when altcoin season occurs? When altcoin season occurs, several things typically happen: Bitcoin’s market dominance declines as capital shifts, a majority of altcoins experience rapid price appreciation, trading volumes for altcoins surge, and there’s often a general increase in market optimism and retail “FOMO” (fear of missing out). Will Bitcoin’s price fall during an altcoin season? Bitcoin’s price doesn’t necessarily fall during an altcoin season. Instead, it often consolidates, rises more slowly, or even continues to increase, but at a significantly lower rate than altcoins. The key characteristic is that altcoins outperform Bitcoin, meaning their percentage gains are much larger as money flows into them.

coinpedia 2025-06-30 15:09
Ethereum beats Bitcoin in Q2, but is BTC still the safer long-term bet?
Ethereum leads the quarter, but is Bitcoin quietly winning the cycle?

AMB Crypto 2025-06-30 15:00
XRP, SOL, ADA And DOGE: Is This The Last Chance To Buy These Altcoins?
The post XRP, SOL, ADA And DOGE: Is This The Last Chance To Buy These Altcoins? appeared first on Coinpedia Fintech News The crypto market cap currently stands at $3.43 trillion, down 1.9% in the past 24 hours. Bitcoin is holding steady above $107,000, while altcoins like Ethereum, XRP, Solana, and Dogecoin are showing mixed movement. Crypto analyst Michaël van de Poppe sees early signs of life in the altcoin market. While a full-blown altseason isn’t here yet, he expects steady 10%+ weekly gains across altcoins, which could gradually shift the market sentiment. Here are the altcoins that could be discounted buys: XRP XRP, despite its long fight with the SEC, is finally on the finish line. XRP’s recent price boost was driven by two key catalysts: Robinhood’s launch of XRP micro futures and Ripple withdrawing its cross-appeal in the SEC case. On-chain activity is also picking up, and an XRP ETF could push the token toward new all-time highs. According to analyst Egrag Crypto , XRP could be gearing up for a big move. He has set two possible targets: $9.5 or $37.5, based on historical patterns where XRP surged 455% to 2000%. Solana Solana continues to lead among high-performance altcoins. Known for its fast, low-cost blockchain and strong DeFi and NFT ecosystems, it is currently trading around $151 after breaking a key downtrend and is showing bullish signals. A move above $160 could push it toward $184. In July, Solana is expected to trade between $152 and $161. By August, prices could climb to $161–$184, with a peak target of $173. Buying now could bring up to 23% gains, as bullish momentum builds. Cardano Cardano is also gaining attention due to its strong focus on scalability and growing real-world use cases. Recent upgrades, rising DeFi activity, and the possibility of ETF inclusion have boosted investor confidence. Founder Charles Hoskinson has also hinted towards a major push into Bitcoin DeFi, and a proposed $100 million ADA treasury conversion to boost stablecoins and liquidity. Analyst Javon Marks has shared that ADA has recently broke out and still looks ready for a big move. He is eyeing a surge of over 120%, with a clear target of over $2 ahead. Dogecoin Even meme coins are starting to perform well. In a strong bull market, DOGE could rise to $0.30–$0.40 by late 2025. If adoption grows or a major influencer jumps in, DOGE could even retest its all-time high near $0.70. According to analyst Ali Martinez, if Dogecoin climbs back above $0.17, a key buy signal on the 3-day chart could trigger a rally toward $0.21. Analyst Javon Marks predicts that if Dogecoin repeats its pattern from the last two bull cycles, it could surge over 120x from current levels, reaching $20.

coinpedia 2025-06-30 14:42
Solana outpaces peers in network revenue amid 14-week streak
Solana price is eyeing a breakout above $150 as on-chain data indicates continued dominance for the blockchain in terms of weekly revenue. Per latest details, Solana once again took top spot in network revenue leaderboard as it struck the milestone for the 14th consecutive week. This is despite a significant drop in total network revenue across all chains and as cryptocurrencies experienced notable price swings that pushed bulls to lows of $127. Solana outpaces other chains in weekly revenue Recent data from Blockworks reveals that Solana generated an impressive $12.314 million in network revenue over the period of June 23 to June 29, 2025. With over $12 million in weekly revenue, Solana dwarfed its competitors. This includes Tron that netted just over $10.5 million and Ethereum with $9.6 million. Bitcoin network’s weekly revenue was about $3.6 million. The graph, shared by SolanaFloor, shows a sharp spike in Solana’s transaction fees and out-of-protocol tips. It contrasts with the relatively flat or declining revenues of other major chains. SolanaFloor @SolanaFloor · Follow 🚨BREAKING: @Solana continues to outperform all other chains in network revenue for the 14th straight week, despite total network revenue across all chains dropping to September 2024 lows. 1:12 pm · 30 Jun 2025 98 Reply Copy link Read 8 replies This performance comes at a time when the total network revenue across all chains has plummeted to $39.876 million, underscoring Solana’s ability to thrive amid adversity. Network growth continues Solana’s robust performance is underpinned by significant ecosystem growth. The official Solana account on X recently highlighted a series of developments, including a $90 billion payments giant, Fiserv, choosing Solana for its stablecoin infrastructure. Other milestones include the tokenization of SpaceX equities by Republic Crypto and the launch of various DeFi and real-world asset projects. Upexi, a Nasdaq-listed consumer-products brand, recently announced its plans to expand into Solana-focused treasury management via the tokenization of its SEC-registered shares. These advancements, coupled with the support of over 1,500 validators, demonstrate Solana’s expanding utility and appeal to institutional and retail users alike. The network’s low transaction costs and high throughput continue to attract developers, further solidifying its position. Solana price outlook The bullish momentum in Solana’s network revenue is mirrored in its price performance. Currently trading above $150 following a 12% spike this past week. While weakness in recent weeks suggests SOL could pare gains, resilience will see buyers potentially break out. Crypto analyst Crypto Rand shared this bullish Solana price outlook on X. Crypto Rand @crypto_rand · Follow Solid $SOL breakout over the monthly downtrend resistance. If now manages to take the $161 range, it will fully trigger the bull reversal 💯 12:12 pm · 30 Jun 2025 159 Reply Copy link Read 25 replies As noted above, this optimism is fueled by Solana’s growing ecosystem and its competitive edge in scalability and cost-efficiency. The hype around Solana spot exchange-traded funds (ETFs) and recent launches of micro futures on Robinhood buoy bulls. Notably, SOL reached its all-time high of $294 in January 2025, and experts suggest that a breakout to $200 could ignite parabolic rally towards the ATH. The post Solana outpaces peers in network revenue amid 14-week streak appeared first on Invezz

Invezz 2025-06-30 14:35
Investment Surge in Crypto Products Rises for the 11th Straight Week
Cryptocurrency investment products saw an $2.7 billion influx last week. The US led by contributing $2.65 billion to the weekly inflow. Continue Reading: Investment Surge in Crypto Products Rises for the 11th Straight Week The post Investment Surge in Crypto Products Rises for the 11th Straight Week appeared first on COINTURK NEWS .

CoinTurk News 2025-06-30 14:07
Crypto Funds Attract $2.7B in 11th Straight Week of Inflows Amid Geopolitical Jitters
Digital asset investment funds pulled in $2.7 billion last week, capping an 11-week streak of inflows that now totals $16.9 billion. Key Takeaways: Digital asset funds saw $2.7 billion in inflows last week, extending an 11-week streak. The US led the surge with $2.65 billion in inflows, while Bitcoin captured 83% of total allocations. Bitcoin ETFs outpaced gold ETFs, attracting $3 billion compared to $1 billion in gold outflows over five days. The surge reflects resilient investor appetite, mirroring the strong performance seen in the first half of 2024, which recorded $18.3 billion in inflows by June’s end, according to a Monday report from CoinShares . The report attributed the continued momentum to intensifying geopolitical tensions and lingering uncertainty over monetary policy direction. US Sees $2.65 in Crypto Funds Inflows The bulk of the inflows came from the United States, accounting for $2.65 billion. Switzerland and Germany recorded modest additions of $23 million and $19.8 million, respectively, while Canada, Hong Kong, and Brazil posted small outflows. Hong Kong, in particular, has seen steady outflows since recent price spikes, reaching a total of $132 million in June alone. Bitcoin remained the primary magnet for capital, drawing $2.2 billion last week, a commanding 83% of total inflows, while short-Bitcoin products extended their year-to-date outflows to $12 million, signaling broad optimism for Bitcoin’s prospects. Ethereum followed with $429 million in inflows, boosting its yearly total to $2.9 billion, whereas Solana has attracted just $91 million so far this year, highlighting a significant gap in investor confidence. Meanwhile, Bitcoin ETFs are outperforming gold ETFs, with $3 billion in Bitcoin ETF inflows versus $1 billion in gold ETF outflows over five days, highlighting a shift among investors seeking better hedges against traditional U.S. assets. JUST IN: Investors are selling gold for Bitcoin – Bloomberg Gold ETF outflows: -$2.8 billion Bitcoin ETF inflows: +$9 billion pic.twitter.com/PUUTyLw9VA — Fiat Archive (@fiatarchive) May 29, 2025 The rising interest in spot Bitcoin ETFs comes as corporate adoption continues to accelerate despite macro uncertainties. Anthony Pompliano’s ProCap BTC acquired 3,724 Bitcoin for $386 million as part of plans to go public through an SPAC merger, while Japan’s Metaplanet raised $517.8 million on the first day of its ambitious “555 Million Plan,” which targets 210,000 Bitcoin by 2027. Bitcoin Rallies Past June Lull as Trump Tax Bill Boosts Sentiment Bitcoin snapped its typical June weakness with an early Asian rally, tracking equity markets that hit new record highs last week. The surge was fueled by renewed optimism in Washington, where former President Trump’s $4.5 trillion tax package advanced in the Senate, according to a recent note by QCP Capital . Market eyes are now fixed on today’s decisive 9 am ET vote, with Republicans racing to seal the deal before the July 4 deadline. “With BTC spot edging toward $108k, we’re beginning to see a build-up in leveraged longs as perpetual funding rates flip from flat to positive across major exchanges,” QCO wrote on Monday. “Positioning appears to be chasing the move, as participants lean into directional bets ahead of quarter-end.” Meanwhile, Ethereum and Solana rallied on hopes that REX Shares’ ETH and SOL staking ETFs could soon win SEC approval, offering institutions new ways to earn crypto yield. The post Crypto Funds Attract $2.7B in 11th Straight Week of Inflows Amid Geopolitical Jitters appeared first on Cryptonews .

cryptonews 2025-06-30 14:03
Bitcoin Exchange OKX Announces It Will Delist Numerous Altcoin Trading Pairs! Here Are the Details
Cryptocurrency exchange OKX has announced that it will remove some spot trading pairs of X, BSV, GOG, DIA, BONE and OXT tokens from its platform in order to improve user experience, optimize liquidity and provide a healthier digital asset environment. OKX Removes X, BSV, GOG, DIA, BONE and OXT Trading Pairs from Platform The exchange announced that the decision was made based on market monitoring results, user feedback, and the platform’s delisting rules. Trading support will be terminated due to the high risk of the relevant tokens or failure to meet certain criteria. Trading Pairs to be Removed: X/USDT BSV/BTC, BSV/USDT, BSV/USD GOG/USDT, GOG/USD DIA/USDT, DIA/USD BONE/USDT, BONE/USD OXT/USDT, OXT/USD These trading pairs will be officially closed on July 7, 2025 between 16:00 and 18:00. Users are requested to withdraw their open orders before this date. Orders that are not withdrawn will be automatically canceled by the system. The process may take 1 to 3 business days. Once the relevant trading pairs are removed, users’ balances will be automatically transferred to their fund accounts. During this process, withdrawals and transfers will be suspended for a short time, but will be reactivated after completion. Deposit and Withdrawal Dates: Deposit suspension date: June 30, 2025, 16:00 As of this date, deposits for X, BSV, GOG, DIA, BONE and OXT tokens have been suspended and will not be reopened. Withdrawal stop date: September 30, 2025, 16:00 After this date, withdrawals for these assets will cease completely. Users are advised to withdraw their holdings of these tokens before September 30, 2025. Otherwise, the chance to trade the assets may be lost. OKX advises its users to be careful about risks and follow the platform announcements. *This is not investment advice. Continue Reading: Bitcoin Exchange OKX Announces It Will Delist Numerous Altcoin Trading Pairs! Here Are the Details

BitcoinSistemi 2025-06-30 13:53
Humanity Protocol’s Meteoric Rise Captivates the Crypto Market
Humanity Protocol's value surged over 125% due to KuCoin listing and AirDrop. Millions accessed H coin post-listing, creating explosive demand and high trading volumes. Continue Reading: Humanity Protocol’s Meteoric Rise Captivates the Crypto Market The post Humanity Protocol’s Meteoric Rise Captivates the Crypto Market appeared first on COINTURK NEWS .

CoinTurk News 2025-06-30 13:47
PENGU surges 12% today, targets $0.01745 resistance level
Memecoins had a positive weekend, with Dogecoin, Shiba Inu, and Pepe all recording excellent gains. However, PENGU was the best performer among the leading memecoins and looks set to extend its gains. PENGU, the native token of the Pudgy Penguin ecosystem, added 12% to its value in the last 24 hours and could rally higher over the coming hours and days. PENGU soars on Pudgy Penguin’s huge sales PENGU was one of the top performers among the 100 leading cryptocurrencies by market cap. By adding 12% to its value in the last 24 hours, PENGU outperformed Bitcoin, Ether, and the broader cryptocurrency market. Its rally can be attributed to Pudgy Penguins’ non-fungible token (NFT) sales bouncing back in the past seven days. Data obtained from CryptoSlams shows that Pudgy Penguins recorded a 38% surge in NFT sales to hit $1.5 million. Furthermore, the platform recorded 68 transactions, up by 36% from the previous week. The number of buyers and sellers rose by 48% and 32%, respectively. However, Pudgy Penguin’s monthly sales decreased by 33% to $5.6 million. CryptoSlams also revealed that Pudgy Penguins was the tenth most popular NFT in the last seven days, behind other leading collections like CryptoPunks, PGNFT, STRAT Option, and Gods Unchained. Another catalyst behind PENGU’s rally is the increase in the accumulation of whales. Whales added nearly 301 million PENGU tokens to their wallets, a 5.6% increase in the last 30 days. With the latest acquisition, whales now hold 1.89 billion PENGU tokens. PENGU eyes $0.01745 after recent rally Thanks to this latest development, PENGU rallied to $0.01470, its highest level since May 23. The PENGU/USD 4-hour chart is currently bullish and efficient, indicating that the bulls are firmly in control. The token could likely retest the Inducement Liquidity (ILQ) level at $0.01303 before rallying higher. At press time, the price of PENGU stands at $0.01446. If the bullish momentum is sustained, PENGU could rally to the next key resistance level at $0.01745 in the coming hours or days. An extended rally would allow PENGU to test the $0.025 resistance level for the first time since January 2025. PENGU currently has a relative strength index (RSI) of 77, indicating a bullish bias. The MACD lines are also within the positive territory as buyers remain firmly in control of the market. PENGU’s Percentage Price Oscillator has moved above the zero line, a sign that it is gaining momentum. While the bulls are in control, any drop below the $0.0100 level would invalidate the token’s bullish bias, allowing bears to regain control. The transactional liquidity (TLQ) at $0.01178 could serve as a crucial level for PENGU as it could allow it to either rally higher or drop to the $0.01070 support level. The post PENGU surges 12% today, targets $0.01745 resistance level appeared first on Invezz

Invezz 2025-06-30 13:22
Golden Cross Alert: Is a Shiba Inu (SHIB) Price Rally About to Begin?
The post Golden Cross Alert: Is a Shiba Inu (SHIB) Price Rally About to Begin? appeared first on Coinpedia Fintech News Shiba Inu (SHIB) might finally be waking up. After spending weeks moving sideways and testing the patience of its holders, the popular meme coin is starting to show some bullish signs on the charts. Today, Shiba Inu’s price is slightly in the green, holding steady while the overall crypto market treads water. It’s not a huge jump yet, but the interesting part isn’t just the price and it’s what’s happening beneath the surface. On the hourly chart, SHIB just flashed a golden cross, a technical pattern where a short-term moving average crosses above a longer-term one. In this case, the 50-period moving average has climbed above the 200-period, which experts often take as an early sign of a possible rally ahead. Over the past couple of days, SHIB’s trading volume has picked up, showing that more people are jumping in or placing bets on where the price might head next. Meme coins like Shiba Inu often feed off excitement, and increased volume can be the spark that kicks off a larger move. A researcher also said that Shiba Inu is starting to show signs of recovery. Whales recently bought 10.4 trillion SHIB tokens worth about $110 million. This comes after Shiba Inu dropped to its lowest price in 16 months. #Shiba Inu currently shows recovery signs as whales buy 10.4T SHIB tokens worth $110M. Coming after a 16-month low. An inside week candle and 11% price bounce signal potential upside. #SHIB hit $0.00001198 with high volume, but dipped 0.3% recently. Lets Hope for a reversal. pic.twitter.com/gqPiA0fBpn — bigRado Web3 (@radobig5) June 30, 2025 The price has bounced back 11% this week, and a recent trading pattern suggests more gains could be on the way. SHIB even touched $0.00001198 with strong trading activity before slipping slightly by 1%. Right now, the price is testing a resistance zone between 0.00001180 and 0.00001185. If it manages to break and hold above 0.00001190, it could quickly climb toward 0.00001220. On the downside it has already fallen back to the support area near 0.00001145 and the bears might target 0.00001140 next.

coinpedia 2025-06-30 13:14

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