Win Big with cPen Network: Join the 100K USDT Airdrop & Trading Contest
The cPen Network has launched an exciting campaign, offering a massive reward pool of 100,000 USDT in partnership with BitMart. Targeting communities in Europe, the CIS, and Brazil, this campaign features two major events: a welcome airdrop and a trading competition, running from March 22 to March 26, 2025. The project officially announced the details on X (formerly Twitter), urging users to jump in and claim their share of rewards. How to Join the cPen Airdrop and Trading Competition Welcome Airdrop – For New Users Only New European, CIS, and Brazil users who register on or after March 22, 2025, can participate in this airdrop. To qualify, participants must complete a few simple steps, all involving Tether (USDT) trading: Once you’ve completed these tasks, you automatically enter the airdrop. The first 350 users to fulfill all requirements will each receive 20 USDT worth of tokens—distributed on a first-come, first-served basis. Read Also: Pi Network Plunges 6.3% to $0.9432 as Token Unlocks Trigger Market Jitters Trading Competition – Open to All BitMart Users Existing and new BitMart users can join the trading competition by spot trading any tokens valued at a minimum of 5,000 USDT during the campaign period. The top traders will earn the following prizes: cPen Network Launch Updates & Price Forecast The cPen Network completed its token mining phase on March 1, 2025 and is now preparing for $INK mining, with further announcements expected soon. Participants must submit their BSC wallet addresses by March 29, 2025, as token distribution will begin and conclude within the same month. The coin listing on decentralized exchanges (DEX) is scheduled for early April 2025, while the mainnet release is set for Q1 2026. Price Prediction: What’s Next for cPen? Experts anticipate the initial token price to range between $0.005 and $0.010. According to CoinGabbar analysts, the coin could surge up to $1 (₹86.56 INR) if momentum builds. Listings on major exchanges like Binance or OKX could further boost its value. While Binance has not confirmed any listing at this time, cPen Network can still gain traction through strong community backing and consistent platform updates. The airdrop campaign has already generated significant buzz, and many believe 2025 is the perfect time to watch this altcoin’s journey unfold. Don’t miss your chance to get in early and track the token’s growth potential.
Pi Network Plunges 6.3% to $0.9432 as Token Unlocks Trigger Market Jitters
Pi Network is facing one of its toughest weeks yet. The price has dropped 6.3% and slipped below the $1 mark. At the time of writing, Pi Coin trades at $0.9432 after hitting a low of $0.9109 earlier in the day. This recent decline has triggered new concerns across the Pi community and the broader crypto market. Trading activity has surged alongside the price drop. Pi Coin’s 24-hour trading volume rose by 12%, climbing to $284.36 million. However, increased activity hasn’t stopped the downward momentum. Instead, it suggests that traders are reacting quickly to unfolding events. Many are selling to avoid deeper losses, while others are entering to catch a possible rebound. Pi Struggles Without Positive Catalysts The market has not seen any bullish updates from the Pi Core Team recently. Investors have grown restless as they await news of a potential Binance listing. Unfortunately, silence from both the team and the exchange has weakened investor confidence. This uncertainty has played a major role in the current dip. Without new partnerships or technical milestones, Pi has lacked strong catalysts to support its valuation. As the token broke below $1, a key psychological support, traders began speculating about what might come next. While some remain hopeful, others worry that more trouble lies ahead. Massive Unlocks Threaten Price Stability April is shaping up to be a challenging month for Pi Coin. Over the next 30 days, 97.65 million tokens will be unlocked. At the current price, these tokens are worth about $93 million. This unlock equals an average of 3.25 million tokens entering circulation each day. The largest single-day unlock, expected on April 3, will release 6.8 million tokens. The situation intensifies beyond April. PiScan data shows that 115.57 million tokens will be unlocked this month alone. In May, that number rises to 182 million. June will see the release of a staggering 222 million tokens. These figures signal an oversupply that could stretch Pi’s price stability even further. Dr. Altcoin Calls for Urgent Token Burn Amid growing concern, Pi Coin supporter Dr. Altcoin has stepped forward with a possible solution. He believes that the Pi Core Team must burn between 60 to 100 million tokens soon. According to him, this move could restore the $1 price level and stabilize the market. He blames the sudden influx of unlocked tokens into centralized exchanges for the recent crash. By reducing the total circulating supply through a burn, the team could rebalance demand and restore investor optimism. Although the Pi Team has yet to respond, the idea is gaining traction within the community. Will the Pi Core Team Act in Time? Many investors now look to the Pi Core Team for leadership. Their next move could determine whether Pi Coin sinks further or starts to recover. A token burn might ease the growing pressure caused by unlocks, but time is running out. The $1 support level served as a foundation for investor trust. Losing it has opened the door to further decline. Experts now warn that Pi could fall to $0.71 in April if no intervention occurs. For now, the team remains silent, and the community waits anxiously. Can Pi Network Regain Momentum? Despite the current turbulence, Pi Network still has strong long-term potential. Its community remains passionate, and its vision continues to attract attention. However, market forces demand immediate action. If the Core Team announces a token burn or confirms a listing, sentiment could quickly shift. Until then, Pi Coin faces a tough road ahead. The coming weeks will reveal whether the project can withstand the impact of massive unlocks. Traders are advised to stay alert, watch for signals from the team, and avoid risky moves without solid updates. Final Thoughts: A Crossroads Moment for Pi Pi Coin has entered a critical phase. The recent 6.3% drop and loss of the $1 support reflect deeper structural challenges. A $93 million unlock in April, followed by even larger ones in May and June, puts Pi under real pressure. Dr. Altcoin’s proposed token burn may offer a lifeline, but it requires bold action from the Core Team. Read Also: Xenea Wallet Quiz Answer 20 March 2025: Play and Earn $Gems Investors must approach the market with caution while monitoring potential developments. If the burn happens, a rebound could follow. If not, the path to $0.71 or lower may become reality. The coming days will decide Pi Network’s short-term fate.
20 Million XRP Dumped Post-SEC Win—Is $2.13 Support in Danger?
XRP remains unimpressive despite Ripple securing a major legal victory as the SEC dropped its lawsuit on March 19. After five long years of uncertainty, the crypto world expected a price surge. Yet, XRP continues to trade sideways at $2.39, holding just above a crucial support level at $2.13. This unexpected stagnation has left traders puzzled. Confidence in the altcoin has not matched the excitement of the legal outcome. The market sentiment still feels heavy, and XRP’s future remains uncertain. As the dust settles, bearish pressure threatens to overwhelm any bullish hopes. Whale Sell-Offs Raise Red Flags for XRP One of the biggest warning signs comes from XRP’s largest holders. Data from Santiment shows that whales are pulling out. Wallets holding between 100 million and 1 billion XRP sold a combined 20 million tokens. This sell-off equals roughly $50 million in XRP leaving the hands of major players. That’s a significant move, especially following a legal win. These whales began selling earlier this month and have not stopped. The trend suggests a lack of confidence in XRP’s short-term performance. Despite Ripple’s courtroom success, big investors are not rushing back in. Their actions speak louder than market optimism. When whales sell, others take notice. Such sell-offs usually increase supply, pushing prices downward. Traders now wonder if this is just the beginning of a longer downturn. Negative Sentiment Clouds XRP’s Short-Term Outlook Market sentiment adds another layer of concern. XRP’s weighted sentiment has dropped sharply and now hovers just above neutral at 0.052. This metric reflects both the volume and tone of social media discussions. As it approaches negative territory, traders grow increasingly skeptical. This declining sentiment often leads to reduced trading activity. When people lose confidence, they participate less, weakening the market. With fewer buyers and sellers, XRP becomes more vulnerable to price drops. Social buzz isn’t just quiet—it’s turning against the token. If this negative outlook continues, XRP could face more downward pressure. Traders holding onto hopes of a rebound might need to wait longer. The energy needed for a strong comeback is simply not present right now. XRP Balances on a Thin Line Between Support and Collapse At $2.39, XRP finds itself stuck between two major price points. The nearest support lies at $2.13. If the token dips below this floor, it may quickly slide to $1.47. That move would represent a painful 38% decline from its current level. However, not all hope is lost. If buyer confidence returns, XRP could rally. A resurgence in demand might push the price toward $2.61. That would be a healthy 9% gain and could spark renewed bullish interest. The token now balances on this razor-thin line between growth and collapse. Market watchers are keeping a close eye on whale movements. Any sign of renewed accumulation could shift momentum. Likewise, a sentiment rebound would help fuel a potential breakout. But until these changes occur, caution remains the dominant strategy. Why XRP Hasn’t Surged Despite Legal Clarity Ripple’s legal victory removed a major source of uncertainty. But clarity in court hasn’t translated into market excitement. The disconnect likely stems from a broader lack of trust. Traders may doubt the altcoin’s ability to perform without strong ecosystem growth. Additionally, many investors are using this moment to take profits. After years of waiting, they’re cashing out while prices are still favorable. This selling adds further pressure to a market already lacking momentum. Without fresh demand, it’s hard for XRP to lift off. Furthermore, overall market conditions remain mixed. Bitcoin’s recent stability hasn’t yet sparked significant altcoin rallies. As a result, XRP’s sluggish behavior reflects the crypto market’s broader uncertainty. What Traders Should Watch Going Forward XRP’s fate in the short term hinges on a few critical factors. The $2.13 support level must hold. If it doesn’t, a drop to $1.47 seems likely. Whale activity needs to shift from selling to buying. Until then, trust will remain fragile. Sentiment must also recover to drive renewed market energy. Read Also: Ripple CEO Confirms SEC’s Withdrawal – XRP Jumps 11%! A surge to $2.61 remains possible but requires several changes to align. Traders who act early could benefit, but timing is everything. Without stronger signals, XRP’s price could stay trapped in this holding pattern.
Rats Kingdom ($RK) Set to List in 7 Days – How to Claim and What to Expect
Rats Kingdom has officially opened its token claim window, marking a major moment in its roadmap and community rollout.Verified users can now claim their $RK tokens through a streamlined process ahead of the project’s scheduled listing on March 28, 2025. The team shared these details through its Telegram channel, signalling the project’s transition from airdrop to live market engagement.With seven days left until the big listing, the momentum around Rats Kingdom is rising fast among early adopters and crypto watchers. How to Claim Your $RK Tokens in Four Simple Steps Eligible users can now complete the claim using a simple process designed to facilitate onboarding into the Rats Kingdom ecosystem.First, ensure your Polygon wallet holds at least 15 MATIC to cover transaction fees when claiming your airdropped tokens. Next, add the RK contract address to your wallet: 0xa2E1a3228488f25ca7d4887DCe07c9625d4De5Df, ensuring it reflects correctly.Connect your wallet through the Telegram Mini App bot, where the project manages the token distribution in real-time. Once connected, tap “Claim Now” and approve the transaction. Your $RK tokens will instantly be reflected in your wallet balance.The claim window will remain open until March 28, the same day Rats Kingdom will list the token on centralized exchanges. March 28 Confirmed as Official RK Listing Date The team has locked in March 28, 2025, as the official listing date and Token Generation Event for the RK token release.This listing follows a January 10 snapshot that ensured fair token distribution for early supporters and verified wallet holders. On March 11, before the event, the project rebranded its ticker from $RATS to $RK, establishing a distinct identity across exchanges.This strategic move increases brand clarity and reduces confusion as Rats Kingdom prepares to enter high-visibility trading platforms. Speculation about which exchanges will list $RK continues to grow, with eyes on Binance, OKX, and Bitget for potential announcements. Read Also: Cardano Primed for 159% Breakout as Analysts Track… RK Token Price Prediction: What Could Launch Look Like? Rats Kingdom enters the market with a 100 billion token supply, drawing comparisons to Hamster Kombat, another Telegram-native token.Hamster Kombat launched at $0.0085, peaked near $0.01, and trades around $0.00208, setting a benchmark for RK’s price movement. According to Coingabbar analysts, $RK may launch within a price range of $0.005 to $0.008, depending on market sentiment and platform exposure.If Binance or other top-tier exchanges confirm listings, the bullish forecast sees RK potentially reaching $1, although this hinges on demand. Analysts believe the token could drop to $0.001 shortly after launch in bearish conditions or if limited to minor exchanges.Price performance will depend heavily on user engagement, exchange accessibility, and continued project updates post-listing. What This Means for the Rats Kingdom Community The listing on March 28 represents more than just a market event—it marks Rats Kingdom’s official entry into the live crypto economy.For airdrop participants, this is the first time their holdings will receive a public valuation and enter liquidity channels. Community activity has surged since the claim announcement, with thousands preparing to participate in day-one trading or holding strategies.As with any listing, emotions will run high—but long-term holders should keep their eyes on the broader project vision. Looking Ahead: What Comes After the RK Launch? The March 28 listing will likely trigger a series of follow-up developments, including new exchange listings, partnerships, and potential staking features.Most serious projects continue momentum after launch with product updates, token integrations, or roadmap expansions. Community members should follow Rats Kingdom’s official Telegram and Twitter channels for timely announcements and updates about the next phase.If momentum holds and the listing meets market expectations, RK could emerge as one of the top Telegram-native tokens of 2025. March 28 could be a pivotal turning point for the Rats Kingdom project and for every holder looking to participate in the next breakout coin.
Ripple CEO Confirms SEC’s Withdrawal – XRP Jumps 11%!
Ripple just secured a major legal breakthrough, sending XRP’s price soaring. CEO Brad Garlinghouse announced that the U.S. Securities and Exchange Commission (SEC) will drop its appeal in the Ripple vs. SEC lawsuit. This pivotal moment triggered an 11% price surge, positioning XRP ahead of Bitcoin’s sluggish market trend. Ripple vs. SEC: A Defining Moment for XRP Brad Garlinghouse made a groundbreaking announcement on X (formerly Twitter), confirming the SEC’s decision to withdraw its appeal. He called it a huge win for Ripple, the crypto industry, and financial innovation. His post, which reached over 9.6 million viewers, ignited a wave of bullish sentiment. Investors quickly reacted, pushing XRP from $2.30 to a peak of $2.5655 before stabilizing at $2.44, reflecting a 6.74% increase in 24 hours. Legal expert Bill Morgan analyzed the situation, highlighting XRP’s impressive bullish momentum. He pointed out how Ripple’s success contrasts with Bitcoin’s underwhelming response to major market developments. Even after former U.S. President Donald Trump announced the establishment of a Strategic Bitcoin Reserve, Bitcoin remained stagnant at $85,850, posting only a 3.15% daily gain. Why Is XRP Outperforming Bitcoin? Bill Morgan emphasized that XRP’s legal clarity has restored investor confidence. While Bitcoin faces continued regulatory uncertainty, Ripple now enjoys a green light, making XRP a strong contender in the altcoin market. Institutional investors see XRP as a more secure and predictable asset, leading to increased demand. Ripple’s expanding ecosystem further strengthens its position. Unlike Bitcoin, which faces institutional selling pressure, XRP continues attracting long-term holders who believe in its future utility. The combination of legal victory, ecosystem growth, and investor confidence sets XRP apart from Bitcoin’s slower market movement. XRP Price Forecast: Analysts Predict Explosive Growth Several analysts predict a massive rally for XRP in the coming months. Gert van Lagen expects XRP to follow a parabolic rise, potentially reaching $38. ALLINCRYPTO has set a $19 target for 2025, fueled by increasing adoption and bullish sentiment. Meanwhile, market analyst Egrag Crypto identified XRP as one of the top-performing cryptocurrencies. Over the past two years, XRP delivered a 543.6% return, significantly outperforming Bitcoin’s 203.8% and Ethereum’s modest 14.4% growth. Will XRP Maintain Its Bullish Momentum? Ripple’s legal victory has fueled excitement in the crypto community. With regulatory clarity, growing institutional interest, and strong price predictions, XRP appears to be on an upward trajectory. However, traders must remain cautious about potential resistance levels and market corrections. The broader crypto market, especially Bitcoin’s price action, will still influence XRP’s movement. Read Also: Ripple Mints 25M RLUSD – Will XRP Finally Break $2.50? As Ripple continues expanding its cross-border payment solutions, XRP could be on the brink of an extended bull run. If market conditions align, XRP may break previous all-time highs and solidify its place as one of the most valuable cryptocurrencies.
Shiba Inu to $0.00001320? 8% Rally in Sight as Bulls Take Control
Shiba Inu is approaching a pivotal moment as it shows signs of a bullish breakout. Currently trading within a falling wedge pattern, SHIB faces a critical resistance level at $0.00001260. If it breaks above this level, momentum could push the price toward $0.00001280 in the short term and $0.00001320 in the medium term. Traders and investors eagerly watch the market, wondering if this rally will materialize or if bearish pressure will stall the momentum. Technical Indicators Show Growing Buying Pressure Shiba Inu’s technical indicators suggest increasing bullish momentum. The 24-hour Relative Strength Index (RSI) currently sits at 43, signaling neutral sentiment. However, the 4-hour RSI has climbed to 51, indicating rising buying pressure. This shift suggests growing investor interest, which could fuel a price breakout. The MACD and other momentum indicators also point to potential bullish action. Short-term moving averages signal a buy, reinforcing the idea of a possible price surge. Despite this optimism, long-term moving averages remain bearish, reminding traders to stay cautious. The long-short ratio stands at 0.87, highlighting lingering bearish sentiment. If this ratio increases, SHIB’s bullish momentum could strengthen further. Shibarium and SHIB OS Could Drive Growth Fundamental developments in the Shiba Inu ecosystem add another layer of intrigue. Shibarium, SHIB’s Layer-2 blockchain, is approaching its 10-million-block milestone. This achievement could bring increased adoption, attracting more users and developers to the network. Meanwhile, anticipation grows around the upcoming SHIB OS. Designed to help enterprises and government entities transition to decentralized governance, this system could enhance SHIB’s real-world utility. Expanding beyond meme token status, Shiba Inu is positioning itself as a serious player in the blockchain space. If these advancements gain traction, they could drive long-term demand for SHIB. Whales Accumulate SHIB in Large Transactions Whale activity plays a crucial role in SHIB’s price movements. Currently, large investors hold 74% of the total SHIB supply. Among them, 60% have maintained their positions for over a year, despite many being at a loss. Their long-term confidence signals belief in a future price rebound. Recently, SHIB has seen an increase in large transactions, suggesting that whales are accumulating. This behavior often precedes major price movements, hinting at an upcoming surge. Open Interest in SHIB has also risen by 5.63%, further indicating that institutional traders are positioning themselves for potential gains. Another key factor is SHIB’s correlation with Bitcoin. Historically, SHIB’s price movements have mirrored Bitcoin’s trends. If Bitcoin continues to recover, SHIB may follow suit, strengthening the case for a breakout. SHIB Must Clear $0.00001260 for a Strong Rally For SHIB to confirm its bullish breakout, it must decisively surpass the $0.00001260 resistance level. If this happens, price targets of $0.00001280 and $0.00001320 become realistic in the near term. A strong breakout could trigger a wave of buying interest, pushing the price even higher. On the other hand, failure to sustain momentum could see SHIB retest the $0.00001220 support level. A drop below this point might lead to further consolidation, delaying any significant upward movement. Investors should watch price action closely, as volatility may increase in the coming days. Is Now the Right Time to Buy SHIB? Shiba Inu’s recent price action presents an interesting opportunity for traders. Short-term indicators suggest that SHIB is gearing up for a breakout, but long-term trends remain uncertain. Whale accumulation and rising Open Interest support a bullish case, while Shibarium’s milestone and SHIB OS provide strong fundamental backing. Traders should focus on the $0.00001260 resistance level. If SHIB successfully breaks above it, a strong rally could follow. However, caution is necessary, as long-term indicators still suggest lingering bearish sentiment. Monitoring Bitcoin’s price movements can also provide clues about SHIB’s next direction. Read Also: Shiba Inu Hits 1.5M Holders, But Will It Stay Above $0.00001259? Investors now face a critical decision: enter before the breakout or wait for confirmation. The coming days will determine whether SHIB can maintain its bullish momentum or if resistance will hold strong. Regardless of the outcome, Shiba Inu remains a fascinating asset to watch in the crypto market.
XRP Price Skyrockets as SEC Drops Lawsuit – Can Ripple Reach $100?
The U.S. Securities and Exchange Commission (SEC) officially dropped its lawsuit against Ripple, marking a significant victory for the crypto industry. This decision ended a four-year legal battle that had cast uncertainty over XRP’s future. After the news broke, XRP’s price jumped over 10%, reflecting strong investor confidence in the asset’s long-term potential. The lawsuit has hindered Ripple’s growth since 2020, but with this obstacle removed, investors are anticipating major developments ahead. SEC vs. Ripple: The Four-Year Battle Comes to an End The SEC accused Ripple of selling XRP as an unregistered security in a $1.3 billion case. In 2023, a U.S. judge ruled that XRP does not qualify as a security when traded on public exchanges. However, the court found that Ripple’s sales to institutional investors violated securities laws. The SEC initially planned to appeal the ruling but has now abandoned the case entirely. This decision removes a major regulatory hurdle that had slowed XRP’s adoption and growth. Speaking in New York, Ripple CEO Brad Garlinghouse celebrated the victory. “It was a tough fight, but we always knew we were doing the right thing,” he said. He criticized the SEC’s handling of the case, pointing out that no investors suffered losses and that the lawsuit was unnecessary and unfair. This move signals a shift in the SEC’s approach toward crypto regulation. Recently, the agency also dropped lawsuits against Coinbase, Robinhood, and Uniswap, suggesting a more flexible stance on digital assets. Read Also: cPen Network Set for April Listing: Why was… Why Is XRP Rising? The SEC’s decision to drop the lawsuit triggered an immediate 8.44% increase in XRP’s price, pushing it to $2.48. Its market capitalization surged to $144.45 billion, while trading volume soared by 212.53%. As XRP’s value surged past Ethereum, it became a hot topic in the crypto space. Investors see this price movement as a sign of renewed momentum and expect further upside potential. XRP Price Prediction: Could It Reach $100? Crypto analysts at Coin Gabbar believe that XRP could experience significant price gains now that legal uncertainties are gone. Some experts predict that XRP could hit $5 soon, while long-term forecasts suggest a possible rise to $100. Although these projections remain speculative, the end of the lawsuit strengthens XRP’s market position. Without regulatory roadblocks, institutional investors and mainstream adoption could drive XRP’s value even higher. A Bright Future for XRP – What’s Next? XRP continues to expand globally and gain regulatory approval. Recently, it became the first blockchain payment provider to receive full approval from the Dubai Financial Services Authority. Additionally, XRP is now part of former U.S. President Donald Trump’s crypto reserve, underscoring its growing importance in global finance. This recognition increases investor confidence and could lead to broader adoption in traditional markets. As the possibility of an XRP ETF approval grows, more institutional investors could enter the market. The SEC’s softened stance on crypto regulation and Trump’s pro-crypto stance add to the excitement surrounding XRP’s future. Now that Ripple’s legal battle is over, XRP is positioned for a major breakout in the fast-evolving cryptocurrency landscape.
cPen Network Set for April Listing: Why was $PEN changed to $CPEN?
cPen Network has officially rebranded its token from $PEN to $CPEN to eliminate user confusion. This change will roll out across the platform and social media, though both ticker symbols may appear interchangeably shortly. The update does not affect cryptocurrency balances or ongoing project developments. However, the smart contract has not been published yet, so any tokens currently available under these tickers are unofficial. The community should wait for an official announcement before engaging in any transactions. KYC Completed: When Will cPen Network Launch? cPen has closed its KYC process, with plans to reopen for $INK mining. The platform has started verifying the total supply to ensure accuracy before its official listing. Here are the key milestones: This timeline marks a significant milestone for cPen, as users can finally buy, sell, and trade their coins after verification. Read Also: Charles Hoskinson Dismisses Centralization Claims, Defends Cardano’s Decentralization cPen Network Mainnet Launch & Price Predictions Following its anticipated launch, analysts expect a price surge driven by growing community interest. Experts predict the token will start at $1 (approximately 86.56 INR). Further value growth is possible if major exchanges like Binance and OKX list the token. Long-term prospects remain optimistic, with increasing adoption expected post-mainnet launch. The platform’s Mainnet launch is scheduled for Q1 2026. At that point, users can swap their BSC-based tokens for Open Network Blockchain tokens, expanding real-world use cases. Market demand, trading volume, and exchange listings will determine the token’s long-term price trajectory. As these developments unfold, cPen Network’s launch date and price movements will remain a hot topic in blockchain.
Shiba Inu Hits 1.5M Holders, But Will It Stay Above $0.00001259?
Shiba Inu (SHIB) has just reached a major milestone, surpassing 1.5 million holders. The token now boasts 1,500,742 holders, demonstrating its growing adoption and loyal community. While this increase suggests investor confidence, SHIB’s price remains uncertain, influenced by macroeconomic factors and market sentiment. Will this milestone fuel a price rally, or will external forces keep SHIB’s growth in check? Let’s dive into the latest developments. SHIB Price Update – Gains and Market Fluctuations At present, SHIB trades at $0.00001259, reflecting a 0.79% dip in the last 24 hours but a 2.59% weekly gain. This steady increase in holders suggests ongoing confidence among investors. However, the broader market conditions continue to shape SHIB’s short-term movements. The crypto market remains on edge, anticipating the Federal Reserve’s interest rate decision, which could impact SHIB and other digital assets. How the Federal Reserve Decision Could Impact SHIB On Wednesday at 2:00 p.m. ET, the Federal Reserve will announce its latest interest rate policy. Analysts predict a 99% chance that the Fed will maintain rates, but any surprise adjustments could stir the market. If the Fed signals lower interest rates, risk assets like SHIB could benefit from increased liquidity. However, if the Fed keeps rates high or hints at future hikes, cryptos may struggle as investors opt for safer assets. SHIB’s Key Support Levels – Where to Watch for Movement SHIB’s growing holder base supports long-term optimism, but price stability remains critical. Analysts highlight two key support levels that could dictate SHIB’s next move. A pullback may test $0.0000115, a short-term safety level that has held in previous downturns. If selling pressure increases further, $0.00000815 could act as a stronger demand zone. According to crypto analyst Ali, these price levels could create potential buying opportunities for long-term investors. Scam Alert – Fake ShibaSwap Websites Target Investors While SHIB’s adoption rises, cybercriminals are taking advantage of its popularity. A Shiba Inu-focused X account, Susbarium, has issued an urgent warning about fake ShibaSwap websites designed to steal funds. Cybercriminals are creating counterfeit ShibaSwap sites, tricking users into entering sensitive wallet information. This scam poses a serious threat to SHIB holders, making security awareness more crucial than ever. To avoid falling victim, users must double-check URLs before connecting their wallets. The safest approach is to bookmark the official ShibaSwap site and always verify links shared in online communities. Never share private keys or seed phrases, as scammers often use deceptive tactics to extract these details. What’s Next for SHIB? Reaching 1.5 million holders is a significant achievement for SHIB, proving its strong market presence. However, its short-term price outlook remains uncertain, largely dependent on macroeconomic trends and investor sentiment. If SHIB maintains strong demand and the market turns bullish, a rally toward higher resistance levels is possible. However, if SHIB loses key support levels or the Fed’s decision triggers a broader sell-off, a temporary retracement may occur. Final Thoughts – Is Now a Good Time to Buy SHIB? Investors optimistic about Shiba Inu’s long-term potential may see this growing holder count as a bullish signal. However, market timing plays a crucial role. Keeping a close watch on key price levels and macroeconomic shifts is essential for making informed decisions. Read Also: Shibarium Hits 10M Blocks! Will SHIB’s Price Rebound from a 4.29% Drop? Those considering an investment should always DYOR (Do Your Own Research) and stay updated with the latest market trends before making a move.
Ripple Mints 25M RLUSD – Will XRP Finally Break $2.50?
Ripple has minted another 25 million RLUSD, expanding its stablecoin supply and fueling speculation about XRP’s future. Many investors wonder if this latest move will push XRP past $2.50. Understanding the connection between RLUSD and XRP is key to evaluating the potential impact. Why 25M RLUSD Matters for Ripple’s Growth Ripple’s stablecoin initiative has been one of the most anticipated developments in crypto. RLUSD, designed as a regulated stablecoin, now circulates across Ethereum and the XRP Ledger (XRPL). Currently, $125 million RLUSD is on Ethereum, while $44 million exists on XRPL. At first glance, the supply split may seem unbalanced. However, Ethereum remains the most active DeFi network, while XRPL is still expanding its ecosystem. Ripple’s decision to distribute RLUSD this way ensures strong liquidity where demand is highest. Now, with RLUSD’s total supply reaching $170 million, traders are closely watching XRP for a reaction. XRP Holds at $2.32 – Will It Break Higher? Despite the 15% increase in RLUSD’s supply, XRP has yet to see a major price reaction. Currently, XRP trades at $2.32, reflecting a 1.6% gain in the past 24 hours. However, this movement mirrors broader market trends, making it unclear whether RLUSD’s expansion directly influenced the price. Long-term, RLUSD could still become a powerful driver for XRP’s growth. If XRPL’s stablecoin adoption accelerates, more transactions and liquidity could increase demand for XRP as a bridge currency. Ripple’s strategic push into stablecoins could position XRP for future gains. How RLUSD Could Fuel XRP’s Growth Compared to dominant stablecoins like USDT and USDC, RLUSD remains small, with a $170 million market cap. However, this offers significant room for expansion. Ripple’s deep resources could help scale RLUSD into a widely adopted stablecoin. RLUSD’s success could benefit XRP by increasing network transactions, expanding XRPL’s DeFi capabilities, and positioning Ripple as a leading stablecoin provider. Stronger RLUSD adoption could lead to a more robust XRP market, making the cryptocurrency more valuable over time. Despite these opportunities, challenges remain. Ethereum’s established DeFi dominance makes it difficult for XRPL to compete in the short term. Additionally, XRP’s price has yet to show a clear correlation with RLUSD supply growth. For now, traders should watch for signs of increasing stablecoin usage on XRPL to gauge potential impacts on XRP’s valuation. Can RLUSD Help XRP Surpass $2.50? Predicting a price breakout remains uncertain. While RLUSD’s expansion boosts Ripple’s ecosystem, XRP’s price remains influenced by broader market trends. However, continued RLUSD adoption could help Ripple generate new revenue streams, attract institutional interest, and solidify XRP’s role in the growing stablecoin economy. Read Also: Ripple Secures DFSA Approval—XRP Climbs 4.64% to $2.32 For long-term holders, the key focus should be adoption growth. If RLUSD scales and XRPL strengthens as a stablecoin-friendly network, XRP’s demand could rise, leading to potential price appreciation. What Should XRP Investors Watch Next? Ripple’s stablecoin expansion presents both opportunities and risks. Investors should monitor RLUSD’s adoption on XRPL, regulatory developments affecting Ripple, and overall market sentiment surrounding stablecoin growth. If RLUSD gains significant traction, it could provide strong support for XRP’s future price action.
