The Official Trump memecoin launch captivated the crypto market and could be behind Solana’s new price highs, but the real question is, how sustainable is the rally?

Raydium (RAY) has had an exceptionally bullish week, surging over 62% in less than six days and capturing the spotlight in the decentralized exchange (DEX) market. This impressive rally has positioned Raydium as a market leader, with strong momentum that shows no signs of slowing down. The cryptocurrency recently cleared last year’s high, a significant milestone that further bolsters its bullish outlook. Related Reading: Solana Reclaims Monthly And Weekly Support Levels – Expert Sets $330 Target Top analyst BigCheds shared insights into Raydium’s performance, highlighting its relative strength in the market. According to BigCheds, the token’s ability to outperform in a volatile environment signals strong demand and solidifies its position as one of the top-performing DEX tokens. This bullish momentum is drawing increased attention from traders and investors who see the potential for even greater gains in the near term. Raydium’s breakout above last year’s high is a significant technical achievement, paving the way for further upward movement. With market sentiment turning increasingly positive and Raydium showcasing resilience and strength, the DEX is well-positioned to capitalize on its recent momentum. As it continues to outperform, many are watching closely to see just how high Raydium can go in this bullish phase. The coming days will be crucial for determining its next big move. Raydium Reaches Multi-Year Highs   Raydium has made a significant move, breaking above the $6.5 mark just a few hours ago and continuing to push higher as the cryptocurrency market gains momentum. This breakout signals strong bullish sentiment for the token, as both technical and fundamental factors align to support further price appreciation. As the leading decentralized exchange (DEX) on Solana, Raydium’s growth and dominance within the ecosystem further bolster its long-term potential. Top analyst Cheds recently shared a technical analysis on X, emphasizing Raydium’s relative strength compared to other altcoins. According to Cheds, RAY’s ability to outperform in a volatile market environment highlights the strong demand driving its rally. The token’s decisive move above key supply levels is a bullish indicator that could pave the way for significant gains in the coming days. Beyond technicals, Raydium’s fundamentals remain robust, contributing to its strong performance. The DEX has cemented itself as a critical component of the Solana ecosystem, providing liquidity and facilitating seamless trading for a wide range of assets. Its expanding user base and consistent innovation reinforce investor confidence, making it a top choice for traders and liquidity providers alike. Related Reading: Dogecoin Leads The Pack As Dog-Themed Coins Rally – “Trump Effect” Sparks Excitement As Raydium builds on its momentum, clearing critical price levels and pushing higher, many investors are now targeting even loftier price points. If the market continues to heat up and RAY maintains its relative strength, the potential for a massive rally becomes increasingly likely. With its strong fundamentals and bullish technical outlook, Raydium is well-positioned to capture further gains, making it one of the most exciting altcoins to watch in this current market cycle. The coming days will be pivotal in determining how far RAY can go in this bullish phase. RAY Breaking Above Key Levels Raydium is currently testing levels not seen since 2022, signaling a remarkable resurgence in its price action. The token’s strong momentum suggests it is primed for further gains, with bullish sentiment dominating the market. However, a potential retest of the $6.5 level could be on the horizon, providing an opportunity for consolidation before the next leg up. As of now, RAY is holding above the critical $6.70 mark, a level that solidifies bullish control. Maintaining this support is crucial, as it underscores market confidence and sets the foundation for continued upward movement. If bulls can defend this level, the next logical target for RAY would be the $7 mark—a key psychological and technical resistance that, once cleared, could pave the way for even greater gains. Related Reading: Ondo Finance Funding Rate Signals Greed Among Investors – Sign Of Strength? Market sentiment around Raydium remains optimistic, with both technical indicators and fundamentals aligning to support its bullish trajectory. As the leading decentralized exchange (DEX) on Solana, RAY continues to benefit from strong utility and growing adoption, further reinforcing its appeal to investors. Featured image from Dall-E, chart from TradingView

Bitcoin’s $180,000 price target remains on the table, says a trader, while 2024 marks the worst year for NFTs since 2020: Hodler’s Digest.

Friday’s trading session delivered a substantial influx of $979.22 million into 10 of the 12 spot bitcoin exchange-traded funds (ETFs), while spot ethereum ETFs accrued $23.87 million, reinforcing a pronounced shift in institutional engagement with digital assets. Friday’s Crypto ETF Frenzy In the bitcoin ETF domain, Blackrock’s IBIT emerged as the dominant recipient, attracting $375.92 […]

BONK, the vibrant meme coin, is encountering a price correction after a strong bullish run, raising questions about the future of its uptrend. While natural after a surge, the pullback has prompted speculation on whether bulls can regain control and steer the coin back toward its recent highs. Despite the dip, BONK still shows signs of resilience, with key support levels holding firm. A rebound from these zones could reignite buying interest and set the stage for another rally. However, a failure to hold these critical levels might signal a deeper correction, giving bears the upper hand. The next move for BONK will depend on the balance of market sentiment and technical factors. If bulls return with enough momentum, the coin could quickly recover, solidifying its position in the meme coin space. For now, the market watches closely to see if this correction is a mere pause or the beginning of a longer downturn. BONK Bullish Run Stalls: What Led To The Pullback? BONK’s bullish run has hit a roadblock, with the price experiencing a temporary pullback after an impressive rally. This slowdown appears to stem from profit-taking by early investors, coupled with increased selling pressure near key resistance levels. Additionally, a lack of fresh buying pressure has contributed to the stall as traders await clearer signals for the next move. Related Reading: BONK Price Ready To Surge 1,105% From Here? Analyst Reveals Key Levels To Watch External market factors such as broader cryptocurrency trends and shifts in risk appetite may also have played a role in the dip. Despite the setback, BONK remains within a healthy correction phase, and its ability to hold key support levels will be crucial for determining whether the bulls can regain control and revive the uptrend. Technical indicators suggest that BONK’s momentum is cooling after its recent bullish run. The Relative Strength Index (RSI) shows a decline from overbought levels, signaling a decrease in buying pressure. This cooling phase indicates that the rally may be losing steam as bulls struggle to maintain the uptrend. However, this doesn’t necessarily signal a bearish reversal; instead, it could reflect a natural pause or consolidation before the next major move. Traders should monitor these indicators closely to assess whether the meme coin is poised for recovery or a deeper correction. Potential Rebound Zones For Price Recovery As BONK undergoes a price correction, potential rebound zones are emerging that might serve as key areas for recovery. The $0.000002962 is the first critical level to watch since a bounce here could trigger renewed buying interest. If this level holds, it may pave the way for the token to retest resistance levels near $0.000004002. Related Reading: BONK Finds Stability At $0.00004002, Can Bulls Spark A Comeback? Another possible rebound area lies around the $0.000002320 mark, a stronger support zone from past trading activity. A recovery from this level would suggest sustained confidence among bulls, setting the stage for a broader upward move. Featured image from Shutterstock, chart from Tradingview.com

As the global cryptocurrency market capitalization expands to $3.59 trillion, the second-largest digital asset, ethereum (ETH), has struggled to keep pace with its peers. Over the past six months, its performance has lagged significantly, falling short of the momentum seen elsewhere in the sector. Stagnation Strikes Ethereum as Its Competitors Surge Ahead Lately, ethereum (ETH), […]

Paolo Ardoino, CEO of Tether, the issuer of USDT and one of the larger companies in the crypto space, has confirmed plans to physically relocate part of its operations to El Salvador besides moving its headquarters to the country. President Nayib Bukele revealed that the company will build a skyscraper, the Tether Tower, in an […]

Dogecoin is no longer the sus-looking dog meme we once knew it as; it’s now one of the most profitable investment opportunities available to those in the crypto space. With Elon Musk set to take charge as the administerial head of D.O.G.E. (Department of Government Efficiency) and integrate Dogecoin into X Money’s payment platform, $DOGE could very well become a mainstream, everyday cryptocurrency, which would spiral its price upwards. What’s more, there’s also news of DOGE possibly becoming a government-backed cryptocurrency, thanks to Musk’s and Trump’s pro-crypto stance. All in all, the market sentiment towards DOGE is extremely positive at the moment, and it’s reflected in the coin’s price. DOGE has made huge gains recently, with no slowing down in sight. It’s currently at the critical $0.40 level, with several technical indicators hinting at a pending upside momentum. It’s also worth noting that it’s not just DOGE that has been rising, as the entire crypto market has been green across the board in recent times. With that said, you must be thoughtful while picking meme coins for your 2025 crypto portfolio. We’ve done the hard yards for you; here are 6 meme coins that may 100x and follow Dogecoin to the moon. 1. Wall Street Pepe ($WEPE) – Overall Best Meme Coin for First-Time Investors Wall Street Pepe ($WEPE) is one of the most trending meme coins at the moment. What makes this project so much more special is that it’s trying to make profitable crypto investing accessible to all by giving retail traders like you and me access to the same insights and tools that pro Wall Street investors have. Furthermore, $WEPE aims to create a community of like-minded small investors to protect them from the crypto whales who have a history of turning a token upside down by suddenly mass-selling their holdings, driving the coin’s price into the ground and destroying the small man’s portfolio. As a $WEPE token holder, you’ll get unique market insights, signals, and alpha trading calls, allowing you to finally outsmart institutional investors. Wall Street Pepe is currently in presale, which has been record-breaking. It has raised more than $50M in just a little over a month, and it shows no signs of slowing down. The final stage of the $WEPE presale has begun, with only 29 days to go until all the tokens are sold out. If the current price of $0.0003665 interests you, check out our step-by-step guide on how to buy $WEPE. 2. Solaxy ($SOLX) – Solana Layer-2 Token Offers Fast and Reliable Transactions Solaxy ($SOLX) is the native currency of the Layer-2 network that Solaxy has built for Solana. This new network will do away with all the problems of the previous network, such as traffic congestion and slow transactions. Solaxy’s presale, as one of the hottest presales in January 2025, has raised more than $11M so far. Currently, each token is priced at $0.001604, but with the price expected to increase in just a few hours from now, interested buyers should hurry up. Experts are predicting that SOLX might be the next 100x token for two main reasons. For starters, the platform is offering amazing staking rewards (317% at the time of writing). Secondly, it’s a transaction platform, meaning investors will most likely hold onto their tokens even after the launch, keeping the prices stable. 3. Mind of Pepe ($MIND) – Unlock Real-Time Intelligence with Hive-Mind Analysis MIND of Pepe ($MIND) is a revolutionary AI crypto project that offers self-evolving AI agents that deliver real-time actionable insights to help investors navigate the complex crypto ecosystem. It interacts with influencers and other people on Twitter (X) and other platforms, analyzing their opinions, forming its own, and then churning out unique trade ideas. Basically, it helps you cut through all that excess information and filter out only what matters. No wonder it’s the best AI agent coin right now. You can grab $MIND for just $0.0031509 per token right now. Apart from its potentially huge listing gain, early investors will also benefit from a whopping 880% APY staking reward. What’s more, the project has allocated 15% of tokens to rewards and 10% to listing. This will keep the prices stable even in the face of external inflation and market conditions. 4. Flockerz ($FLOCK) – Unique V2E Mechanism & Rewarding Staking APY Flockerz ($FLOCK) is the official token of Flockerz, a revolutionary platform that vests power in the hands of the project’s investors with its unique vote-to-earn approach. Under this, every user gets a few tokens as a reward for sharing their opinions. For example, if the platform asks which exchange the token should be listed on once it’s launched and you happen to share your opinion on it, you’ll receive free tokens regardless of what the final decision is. $FLOCK has raised more than $10M so far and is also in the final stage of its presale with just 3 days to go. This means that the current price of $0.0066883 per token is the cheapest you can get $FLOCK for. Don’t miss it, folks! 5. Bonk ($BONK) – Listed Meme Coin Ready to Take Off Launched in December 2022, Bonk ($BONK) is the first dog-themed meme coin on the Solana network. More than 50% of its total coin supply has been distributed for free on Solana, which caused the initial excitement and enthusiasm around it and also led to a 34% jump in its value in just 48 hours. Its first massive price jump took place in January 2023, when its value rose by around 2,000%. However, with the launch of Solana ETFs just around the corner, Bonk is expected to ride the momentum and boast some fantastic returns. Secondly, BONK will also benefit from DOGE’s rise, and we’ve already started seeing glimpses of this. For instance, while DOGE has shot up by around 17% in the last week, BONK has outperformed it by giving investors a 25% return in the same timeframe. 6. Pudgy Penguins ($PENGU) – Combines a Fun NFT Ecosystem with Solana’s Infrastructure $PENGU is the official token of the Pudgy Penguins NFT collection, which is a database of over 8,888 unique cartoons of adorable penguins. For those of you who aren’t well-versed with the Pudgy Penguins NFT collection, it’s a project on the Ethereum blockchain that grew into one of the largest NFT collections over the years. $PENGU has also experienced similar growth. Launched on the Solana blockchain, it soon overtook $BONK (the former largest meme coin on Solana) to become the bossiest meme coin on the network. Similar to $BONK, $PENGU is likely to see a sizable increase in its price with the launch of Solana ETFs. Although its price has fallen a bit in recent times, that can be a good thing for interested buyers as it offers them a better entry point. Conclusion Although DOGE is one of the most exciting success stories in the crypto space, there are a bunch of tokens offering similar potential. The above-mentioned 6 meme coins that may 100x in the near future provide you with the opportunity of a lifetime. With that said, it’s important to DYOR (do your own research) before investing your hard-earned money. After all, the crypto market can be pretty volatile. Also, please bear in mind that although we’re nothing but honest about our opinions, they’re not to be considered financial advice.

Dogecoin has cleared the $0.4 mark again after a few days of interesting price inflows that have caused its price to rebound notably from $0.31. This strong upward movement has allowed Dogecoin to reverse the price losses it incurred in the previous week. Related Reading: Dogecoin Open Interest Spikes To Nearly $5 Billion – Impact On Price Furthermore, this recent rally has positioned Dogecoin back on track for further upward movement, and the next outlook is price targets to expect in the case of a continued rally henceforth. A technical analysis on the TradingView platform highlighted a compelling comparison between Dogecoin’s current price movements and its historical patterns to predict a significant rally that could bring Dogecoin to $3 this cycle.  Dogecoin’s Consolidation Mirrors January 2021 Rally The technical analysis in question looks at Dogecoin’s price action from a long-term perspective by analyzing formations on the weekly candlesticks. Interestingly, the weekly candlesticks show Dogecoin has been consolidating just below the $0.5 price level in a downward and upward movement throughout the past six weeks.  The analyst highlighted that Dogecoin’s recent consolidation is almost an exact replica of a similar behavior above the 1-week moving average (MA50) in January 2021. This symmetrical positioning in time relative to the previous market cycle adds credibility to the argument that Dogecoin is following a cyclical pattern, which has been proposed by various analysts through multiple technical analyses. Back in 2021, the cryptocurrency transitioned from a period of accumulation to explosive growth, generating returns of over 3,600% from its bottom. Expanding on this cyclical pattern, the analyst highlighted another similarity in Dogecoin’s price rally in Q4 2024. Dogecoin’s price has risen by approximately 480% since its August 2024 bottom, a figure that matches the 480% increase observed during the November-December 2020 period. Following that initial phase 1 surge in 2020, Dogecoin entered a consolidation phase in January 2021 before starting phase 2 of its rally. The current consolidation, therefore, appears to mirror this historical sequence and lends voice to a prediction that Dogecoin may be on the verge of repeating its past performance. Phase 2 Target: A Path To $3 Based on the historical precedent, the analyst anticipates that Dogecoin’s “Phase 2” could bring a rally of 3,600%, similar to the cycle observed in early 2021. In terms of a price target, the projection is a 3,600% increase from the August 2024 low, which would bring Dogecoin towards the $3 mark. The timeframe for this price target is as early as the next three weeks, though the analyst noted that it could occur much later than that. Related Reading: Dogecoin Bulls Eye $3 As Whales Scoop 200 Million DOGE In The Last 2 Days At the time of writing, Dogecoin is trading at $0.3947, although it recently traded at an intraday high of $0.4334. A move to $3 would represent a 777% increase from the current price.  Featured image from VOI, chart from TradingView

Amid a broader upward trajectory in cryptocurrency valuations, the non-fungible token (NFT) market registered a measured 2.78% increase in total sales during the week spanning Jan. 10–17, 2025. Over this period, aggregate digital collectible sales amounted to approximately $156.13 million, driven by a 115.41% escalation in the number of buyers relative to the preceding week. […]

With the current odds at 65%, the likelihood of a Strategic Bitcoin Reserve being created in the United States has greatly soared. The impetus behind this development is the strong advocacy of President-elect Donald Trump for cryptocurrencies and the planned Bitcoin Act. Related Reading: Dogecoin Bulls Eye $3 As Whales Scoop 200 Million DOGE In The Last 2 Days Proponents claim that this initiative might completely change the way the US views Bitcoin, therefore matching it with national security goals. The development of a crypto policy might depend critically in the coming months. Anthony Pompliano, the CEO of Professional Capital Management, presented this development to the public. On Kalshi, an online prediction tool, the American investor saw that the chances of a Strategic Bitcoin Reserve opening in the United States this year jumped to about 65%. Trump Vision For Crypto Becoming Popular One of the main elements driving the rising probability is Trump’s crypto-friendly stance. The core of the Bitcoin Act is the formation of a reserve of 1 million crypto units over a five-year period. Advocates of this initiative assert that its objective is to enhance innovation and economic resilience. Trump’s willingness to embrace blockchain technology has reignited optimism among crypto enthusiasts, who perceive his presidency as an opportunity to integrate digital assets into federal strategies. The odds that a strategic bitcoin reserve will be created this year is now at 65% on Kalshi. That is a 50% increase in the odds over the last few weeks. pic.twitter.com/5UhqyugnYP — Anthony Pompliano 🌪 (@APompliano) January 17, 2025 Lobbying Intensifies For Executive Action Cryptocurrency stakeholders are not anticipating the legislative process to unravel. There has been a significant increase in lobbying efforts to persuade the incoming administration to promptly issue an executive order. Proponents maintain that this kind of reserve would not only enhance economic stability but also act as a statement of global leadership in the realm of digital money. They suggest that a presidential order might minimize bureaucratic delays, therefore accelerating the process of defining the United States’ stance in the crypto ecosystem. Strategic And Financial Motives Strategic as well as financial considerations drive the need for an SBR. Those who support Bitcoin stress its ability to operate as a defense against traditional financial instability. Moreover, the United States runs the risk of lagging behind other countries currently including cryptocurrencies into their national policies. They argue that the creation of a Bitcoin reserve serves not just to stay up with international rivals but also to safeguard the future. Related Reading: Dogecoin Open Interest Spikes To Nearly $5 Billion – Impact On Price A Critical Year For Crypto Policy As 2025 progresses, US policymakers face key decisions that could redefine the role of digital currencies. The success of the Bitcoin Act and similar proposals depends on embracing innovation. The chance of creating a US Strategic Bitcoin Reserve has never been higher. Whether achieved through new laws or executive action, this move could secure Bitcoin’s place in the economy and strengthen the nation’s future strategy. Featured image from Emerce, chart from TradingView

“A lot of the projects that have done the best [in 2024] have been meme token projects,” EARN’M co-founder Dan Novaes told Cointelegraph.

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US President-elect Donald Trump’s Solana-based memecoin, TRUMP, sparks a trading frenzy fueled by high-profile trades and notable whale activity.

Following an earlier price crash to below $90,000, Bitcoin closed out the past week with an impressive price surge resulting in a net 9.30% gain. During this price rally, Santiment reports a significant network development with bullish indications for the largest cryptocurrency. Related Reading: Bitcoin Price Forecast Of $150,000 ‘Too Low’ Amid Rising Adoption, Crypto Trader Says Ash Tiwari 1 hour ago Bitcoin Whale Wallets Heading For 18,000 In a new post on X, prominent blockchain analytics firm Santiment provided a live update on the Bitcoin market amid the current uptrend. Notably, Bitcoin produced another robust positive trading week making a near full-price rebound from its correction in late December.  The BTC market was particularly bullish on Friday as prices surged by over 7% to trade as high as $105,970. Interstingly, Santiment reports that the number of whale wallets holding at least 100 BTC had increased to 17,799 right before Bitcoin hit this one-month high price milestone. This development is particularly important as an increase in Bitcoin whales signals accumulation which is a common bullish signal.  Considering that this accumulation is occurring in price zones near Bitcoin’s current all-time of 108,268, it can be inferred that large BTC holders are highly expectant of significant price gains leading to a new price discovery. Interestingly, this trend supports the presently strong bullish sentiments around Bitcoin driven by multiple factors most notably expectations of US pro-crypto policies.  With the inauguration of Donald Trump less than three days away, investors are hopeful the Republican will implement his promises to the crypto community which include but are not limited to the national Bitcoin reserve, and the overturn of the SAB 121 policy among others.  In addition, BTC investors are also bullish on the performances of the Spot Bitcoin ETFs following an impressive debut year during which they recorded $37.10 billion in net cumulative total net inflow. For 2025, the President of the ETF Store, Nate Geraci predicts the Spot Bitcoin ETFs will permanently accumulate more net assets than physical gold ETFs, which would translate to significant gains for the premier cryptocurrency in terms of price and adoption. BTC Price Overview  At the time of writing, Bitcoin was trading at $104,174 following a 3.19% price increase in the past 24 hours. On the same positive note, the asset’s daily trading volume currently stands at $65.88 billion following its 16.27% gain. Investors should note that Bitcoin’s relative strength index is currently at 69.16 heading for the overbought zone. Therefore, there is potential for a reversal soon. With a market cap of 2.06 trillion, Bitcoin remains the largest digital asset accounting for 56.4% of the total crypto market cap. Related Reading: Bitcoin At Risk Of Supply Shock As ETF Issues Buy More BTC Than Was Produced In December Featured image from Xcoins, chart from Tradingview