In the latest XRP news, the whales have caught the eyes of investors with their recent massive transactions. According to recent reports, large investors have purchased about 1 billion coins recently, highlighting their strong confidence in the crypto. Amid this, a top expert has revealed key price levels to watch for Ripple’s native crypto ahead, which has also caught the investors’ eyes.

XRP News: Ripple Whales Making Big Move

The Ripple whales are once again on their buying spree, as evidenced by the recent reports. This XRP news has further cemented bets towards a potential rally in the crypto’s price in the coming days. So, here we take a close look at the latest developments in the market.

Whales Accumulate 1 Billion Coins

In a recent X post, top market analyst Ali Martinez has shed light on the accumulation trend of the large investors or whales. According to his social media post, Ripple whales have purchased 1 billion XRP coins in only about two days, showcasing their robust interest in the coin.

Meanwhile, this development also had an impact on the crypto’s price, as evidenced by its recent performance. However, this massive accumulation trend also comes after Ripple Labs recently moved 300 million XRP to an unknown wallet, valued at around $682 million, which has fueled market speculations.

How’s XRP Price Performing?

XRP price today was up around 4% and exchanged hands at $2.39, while its trading volume rose 10% to $5.6 billion. Notably, the crypto hovered between $2.43 and $2.26 in the last 24 hours, reflecting the impact of the Ripple whales buying on the price. Further, the asset’s Futures Open Interest rose 8% to $4.6 billion, CoinGlass data showed.

Notably, here we explore the key levels to watch for the crypto, as highlighted by a top market expert.

Key Levels To Watch For Ripple’s Native Crypto

In a recent analysis shared on the X platform, prominent expert Dark Defender has shared key levels to watch soon for XRP. Besides, he also hinted towards a potential “upside break-out” for the crypto soon. According to the post, the analyst said that the key targets for XRP stand at $2.40, $2.86, $4.55, and $5.85.

Having said that, it is expected that the crypto might rally to around $6 in the coming days. For a potential move towards the south, the support levels for the crypto are at $2.23 and $2.13, the analyst noted.

In a separate X post, Dark Defender has compared XRP’s surge to Ethereum. He noted that after September 24, “XRP has appreciated three times more than Ether.” Comparing the price surges, he said that XRP will soon flip the later in the “3rd wave we are in.”

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The Dogecoin whales have made headlines with a massive selloff recently, which has sparked market concerns. Notably, two whales have collectively sold over 219 million DOGE to a leading crypto exchange, with experts keeping close track of the development’s impact on price. Besides, the dump also comes a day after Elon Musk backtracked from his expectations of cutting US Federal spending with the Department of Government Efficiency (D.O.G.E.).

Dogecoin Whales Dump 219 million DOGE

The recent dump by the Dogecoin whales has caught the eyes of investors, with many speculating the move to significantly impact the DOGE price ahead. According to Whale Alert data, the large investors have dumped 219 million DOGE, worth around $74 million. This has fueled discussions in the broader meme coin community.

Detailed Look Into The Whales Move

According to Whale Alert, an investor, identified by the wallet address “D7fXy…4QLW3” has moved 106.43 million DOGE, valued at around $35.88 million, to the Coinbase exchange. Following that, another trader conducted a similar move. In a separate transaction, the whale with wallet address “D8hi4..RsF1j” moved 112.62 million coins, worth around $37.99 million, to the same leading crypto exchange.

Notably, these selloffs came as the Dogecoin price recorded a slight recovery today after volatile trading this week. Notably, most of the top meme coins, alongside other assets, have recorded massive volatility this week. However, these recent dump indicates a waning risk-bet appetite of the investors towards these assets. Simultaneously, it also comes as Elon Musk has lowered his expectations with the Department of Government Efficiency (D.O.G.E.).

Elon Musk Lowers D.O.G.E. Expectations

Elon Musk has downgraded his initial estimate of cutting $2 trillion from the federal budget as co-head of the Department of Government Efficiency (DOGE). In a recent interview with Mark Penn, Musk stated that the $2 trillion figure was a “best-case outcome” and that he now thinks cutting half that amount is a more realistic goal.

In other words, Musk’s revised estimate is a significant departure from his earlier claim of slashing “at least $2 trillion” in government spending during a Trump rally in October. This reversal has sparked concerns in the crypto community, particularly among Dogecoin investors, given Musk’s previous support for the meme coin. Besides, the department’s acronym also resembles the Dogecoin ticker, which has further added to the discussions recently.

So, it appears that these statements of Musk could have impacted the market sentiment and acted as a catalyst for the recent dump. However, there are several other factors that may have caused the recent Dogecoin whale dumps.

How’s Dogecoin Price Performing?

DOGE price today declined almost 2% and exchanged hands at around $0.33, while its trading volume fell almost 15% to $3.62 billion. This price decline has occurred partly due to the bearish sentiment in the broader crypto following the release of a strong US job data and reduced expectations of a Fed rate cut this year.

Notably, the crypto has touched a 24-hour high and low of $0.3385 and $0.3151, respectively. However, despite the surge, CoinGlass data showed that the top dog-themed meme coin’s Futures Open Interest fell 1.5%, reflecting a bearish sentiment in the market.

Meanwhile, a recent DOGE price analysis indicates that the crypto could soon target the $0.35 mark. Besides, the leading crypto asset management firm, Grayscale has recently considered DOGE, HBAR, and others, as the crypto assets under consideration for future investment products. This has further bolstered market sentiment, offsetting the recent Dogecoin whale dump concerns.

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TREAT token sees a major list ahead of its much-awaited launch on January 14. Notably, the top crypto exchange KuCoin has recently revealed its plan to list the SHIB ecosystem token on its platform, which has gained significant attention from investors. Besides, Shiba Inu top developer Kaal Dhairya highlighting the update has further sparked discussions in the market.

TREAT Token Sees Major Pre-Launch Listing

In a recent announcement, the leading crypto exchange KuCoin said that it is set to launch TREAT token trading ahead of its highly anticipated launch on January 14. The listing announcement from the leading crypto exchange has generated considerable buzz among investors, with KuCoin revealing that deposits are now open and trading will commence at 11:00 UTC on January 14.

According to the KuCoin listing announcement, the TREAT/USDT trading pair will be available, with withdrawals set to begin at 10:00 UTC on January 15. This major listing is expected to boost the token’s visibility and liquidity, setting the stage for a successful launch.

Shiba Inu Executive Shares Optimism

Top Shiba Inu executive, Kaal Dhairya, has shared the update on X with an image that reads “HERE WE GO.” This has sparked market discussions, highlighting the growing confidence of the SHIB community over the soon-to-launch TREAT token.

Notably, the market watchers have long awaited the TREAT token launch, with top experts predicting it to boost the overall ecosystem further. Notably, in a recent podcast, Shiba Inu lead developer Shytoshi Kusama revealed utilities of the Shiba Inu ecosystem tokens like SHIB, BONE, LEASH, and the upcoming TREAT. According to Kusama, the TREAT token is aimed at driving innovation and marketing strategies of the ecosystem.

How’s SHIB Tokens Are Performing?

All three Shiba Inu tokens have noted a significant upward move today amid a broader crypto market recovery. Notably, most of the top meme coins are also traded in the green today, indicating the shifting focus of the market participants towards the segment. Besides, it appears that the recent TREAT listing has also fueled the SHIB community’s confidence.

Meanwhile, SHIB price today was up 2.51% and exchanged hands at $0.00002167, while its trading volume declined 8% to $548 million. Notably, this surge comes despite the Shiba Inu burn rate noted a slump recently, which has also sparked concerns among investors.

On the other hand, BONE price surged about 4.5% to $0.463, with its one-day volume falling about 6%. Simultaneously, the Doge Killer or LEASH price recorded a jump of 4% to $264.83 after touching a 24-hour low of $248.86.

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XRP price stayed near the flatline today as the global crypto market moved towards the green zone. Amid this, an expert has predicted key support levels for Ripple’s native crypto, while setting a bullish long-term target of $10 for the asset. However, it’s worth noting that despite this bullish outlook, the analyst warned of a potential slip to $1.5 for the crypto before the breakout.

However, here we explore some of the top reasons that could boost the crypto’s price in the coming days.

Here’s Why XRP Price May Rally

XRP price has been on the investors’ radar, especially with the approaching deadline for the US SEC to file its opening brief on the Ripple lawsuit. In addition, Ripple CLO Stuart Alderoty and CEO Brad Garlinghouse recently had dinner with Donald Trump, which has further fueled speculations.

Simultaneously, the speculations over a potential XRP ETF approval have also soared among traders. For context, as Trump is about to be sworn in on January 20, optimism soared over potential pro-crypto regulatory developments in the US. Besides, the recent dinner has further sparked discussions over a favorable environment for Ripple and its native crypto in the coming days.

Having said that, the market participants also expect the upcoming US SEC Chair, Paul Atkins, to drop the Ripple SEC case potentially. On the other hand, many believe a potential settlement in the XRP lawsuit is imminent under the upcoming SEC chair and after Trump’s inauguration.

Despite these positive developments, the recent market volatility has fueled concerns among investors. Here we explore the key supports and potential targets for XRP, as discussed by an expert.

XRP Price Risks Falling To $1.5 Before Breakout

A top market expert, Ali Martinez said that XRP price is at risk of a significant downturn. If the cryptocurrency breaks out of its triangle pattern to the downside, it could lead to a sharp decline. Martinez predicts that in such a scenario, Ripple’s native crypto could plummet to as low as $1.5, citing the .618 Fibonacci level as a potential target.

This would represent a substantial drop, sparking concerns among investors. However, in a separate X post, Martinez said that “XRP offers two potential entries.” This has gained notable traction from the investors, especially with his bullish long-term outlook on the coin. For context, the expert said that “the first rising trendline of the pennant is at $2.05.” In addition, he has set another key entry line at $2.50.

However, the expert sets an XRP price target of $10, irrespective of the entry point or support levels of the crypto. This showcases his growing confidence towards the asset which has also bolstered market confidence.

How’s Ripple’s Native Crypto Performing?

XRP price was down 0.55% and exchanged hands at $2.31, while its trading volume rose 30% to $5.4 billion. Notably, the crypto has touched a 24-hour high and low of $2.33 and $2.24, respectively. Besides, the crypto’s futures open interest fell 0.4% to $4.25 billion, reflecting the cautious stance of investors.

However, it’s worth noting that despite XRP’s dip today, the global crypto market cap surged about 2%. Simultaneously, the recent dip also comes as Ripple Labs has recently moved 300 million XRP, worth $682 million, which has fueled speculations. However, many have deemed the recent transaction as an internal transfer of the token.

Meanwhile, despite the slight dip in price recently, it appears that the crypto is poised to rally in the long run. Besides, the expert’s target of $10 for the crypto has further bolstered market sentiment.

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The Shiba Inu community has continued their effort in reducing the token’s supply from the market but the recent burn rate drop has sparked concerns. According to recent data, the burning rate has declined significantly over the last 24 hours, with SHIB price also witnessing a similar trajectory. Now, investors are seeking further clarity over the meme coin’s future amid a topsy-turvy scenario noted in the broader market.

Shiba Inu Burn Rate Plunge 72%

Why It Matters?

The token burns are one of the closely watched developments in the crypto market. For context, the SHIB community actively burns the leading meme coin regularly to bring down the supply from the market, hoping it might help in increasing the value.

For context, the burning of tokens helps in reducing the supply of the crypto from the market. This, in turn, helps in increasing the prices creating a scarcity of supply.

Recent SHIB Burn Details

According to recent Shibburn data, the Shiba Inu burn rate declined about 71.56% over the last 24 hours. Only a total of 8.73 million SHIB tokens were burnt in this timeframe, which has sparked discussions in the market. The two highest burns from yesterday were 465,766 and 420,946, conducted by the same account “0x6d0…93d26”.

Meanwhile, a total of 410.74 trillion tokens were removed from the initial supply with this latest burn. However, despite the massive burns, the current circulating supply of the token still stands at 584.18 trillion. Notably, the token has started the year with a muted burn activity.

2024 SHIB Burn Data Fuels Optimism

Although the recent decline in the daily Shiba Inu burn rate dampens investors’ sentiment, the past year’s data reflects the strong commitment of the SHIB community. According to Shibburn’s X post, a total of 44.62 billion tokens have been destroyed from the supply through 2024.

Simultaneously, the token burns also stayed in the green over the past seven days. A recent X post showed that the SHIB burn was up 164.53% over the last seven days, with 102.86 billion tokens incarcerated.

Will SHIB Price Continues To Decline

The latest SHIB price chart showed that the crypto fell about 4.05% today and exchanged hands at $0.00002176, while its trading volume plummeted 30% to $593 million. Notably, the token hovers between $0.00002179 and $0.00002047 in the last 24 hours, indicating the strong selling pressure in the market. However, despite the plunge SHIB Futures Open Interest rose 34%, indicating a strong momentum ahead for the top dog-themed meme coin.

Besides, the recent developments within the Shiba Inu community have also fueled market optimism. In a recent podcast, Lead Developer Shytoshi Kusama commented on the utilities of ecosystem tokens like SHIB, BONE, LEASH, and TREAT. Besides, he also shared a vision of a transformation from merely a meme coin to a “Shib Network State.”

Considering that, it appears that the memecoin may regain its momentum with the broader crypto market recovery soon. In addition, the optimism further soared with the upcoming TREAT token launch on January 14. A recent SHIB price analysis also discussed the crypto’s potential to hit a new high following the TREAT launch.

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The crypto market has witnessed gloomy trading this week with a slump of around 3% today, while Bitcoin and top altcoins witnessed a significant retreat. This recent slump indicates that the investors are staying on the sideline due to the absence of any significant catalyst that could boost their sentiments. However, despite that, many experts said that these pullbacks are very likely during the bull run of the assets.

Why Is the Crypto Market Falling Today?

Despite the recent crypto market retreat, a flurry of experts deem it as a buying opportunity. It also reflects the long-term confidence of the traders towards the sector, especially with the shifting focus of the global investors towards the digital assets space. So, let’s explore the potential reasons behind the recent dip and see how soon can the market witness a recovery.

US Fed’s FOMC Minutes Fuels Concern

The latest US Fed’s FOMC minutes from the December meeting appear to have weighed on the financial market sentiment, let alone the crypto space. Notably, the latest FOMC indicated that the US Federal Reserve would be moving more slowly on interest rate cuts through this year due to uncertainty surrounding President Donald Trump’s policies.

The FOMC minutes revealed concerns about inflation and the potential impact of Trump’s policies on the US economy. Although the minutes have no mention of Trump, it signaled that the central bank would move cautiously with their rate cut plans ahead.

As a result, the Fed reduced its outlook for expected cuts in 2025 to two from four, assuming quarter-point increments. This cautious approach has sparked concerns among investors, further adding to the recent market crash. Notably, the market also witnessed a selloff last month, when Fed Chair Jerome Powell also hinted towards a similar move.

Robust US Jobs Data

The recent US Jobs data by the Labor Department showed that the job market remained strong, cementing bets towards a potential hawkish move by the Fed ahead. The JOLTS job openings came in at 8.1 million through the last day of November 2024.

A strong labor market would provide more space for the US central bank to move with tightened monetary policy plans ahead. Besides, the ISM Services PMI also showed that the US economy remained strong, indicating that the economy remained resilient despite the high interest rates set by the central bank. This move has also dampened the sentiment of the global financial market sentiment, potentially contributing to the recent dip in the crypto market.

US Govt’s BTC Dump In Focus

Apart from the macroeconomic woes, the recent BTC dump by the US government has further intensified the selling pressure in the market. For context, the US govt has recently dumped 69,370 BTC worth $6.7 billion from the Silk Road marketplace, which has weighed on the traders’ sentiment.

The timing of the event is also important. The DOJ gave the green light for this move just ahead of Donald Trump is about to be sworn in as the President. Besides, the Trump administration also pledged to move towards a Bitcoin Strategic Reserve plan, which has fueled a massive rally in the market previously. Having said that, this recent move appears to have further dampened the investors’ sentiment today.

However, experts like CryptoQuant CEO Ki Young Ju refuted claims over the massive impact of the US Govt dump on the BTC price. In a recent X post, he highlighted last year’s $379 billion entering the market, which is around $1 billion per day. Having said that, he urged investors not to panic as the $6.5 billion dump “could be absorbed in just a week.”

A recent coinpress report also discussed that why Bitcoin price slipped recently after hitting the brief $102K level.

Crypto Market Slips

The global crypto market fell 2.67% during writing to $3.28 trillion, with the overall trading volume falling 12% to $162.27 billion. Besides, BTC price fell more than 2.3% and slipped below the $94K level, while Ethereum price was down 1.2% to $3,318.

Other altcoins like Solana, Dogecoin, and Cardano also fell between 3% and 7%, reflecting the heavy selling pressure in the market. Simultaneously, the broader crypto market faces liquidation of around $483.73 million in the last 24 hours.

Crypto Market Recovery Soon?

The recent crypto market performance has forced many investors to stay on the sidelines. However, despite that, experts like Rich Dad Poor Dad author Robert Kiyosaki remained bullish on the long-term trajectory of the market, especially Bitcoin. The author said that the recent dip would provide a buying opportunity to investors at a lower price, indicating his optimistic outlook on crypto.

Echoing a similar sentiment, El Salvador President Nayib Bukele also hinted towards BTC accumulation during this retreat. Having said that, it appears that the market will soon make a strong recovery with Bitcoin leading.

Notably, Bitcoin has strong dominance over the broader digital assets and the top altcoins usually follow BTC’s path. Considering that, a Bitcoin recovery might bolster the broader market sentiment. Besides, the upcoming Donald Trump inauguration could also act as a major catalyst to boost investors’ confidence.

Trump has actively voiced his support for the digital assets space. Besides, he also pledged to make the US the crypto capital, while hinting towards creating a BTC Strategic Reserve in the US. Considering that, the market may witness a strong recovery with Trump’s inauguration in focus.

The post Crypto Market Falls By 3%, How Soon Will It Recover? appeared first on coinpress.

Shiba Inu lead developer Shytoshi Kusama has recently commented on the utility of SHIB, BONE, LEASH, and the soon-to-launch TREAT token. This has gained notable traction from the investors, as the market participants eagerly await the launch of the TREAT token, expected on January 14. Simultaneously, Kusama also unveiled a vision towards “Shib Network State” and the project’s evolution from merely a meme coin.

Shiba Inu Lead Shytoshi Kusama Reveals Utility Of Ecosystem Tokens

In a podcast titled “Meme Mania and the 36 Chambers of Tech,” Shytoshi Kusama introduced the idea of the “Shib Network State.” Drawing parallels with the Montevideo Convention’s criteria for statehood, he described Shiba Inu as a digital entity. The project leverages its four-token governance system, a large global community, and a virtual territory.

A Closer Look Into SHIB, BONE, LEASH & TREAT Utilities

Shytoshi Kusama outlined the distinct roles of each token in the network: SHIB governs the community, BONE oversees technology, LEASH manages judicial matters, and TREAT drives innovation and marketing. This system enables decentralized decision-making, fostering active participation within the Shiba Inu ecosystem.

Besides, he also clarifies the strategic roles of the ecosystem tokens. Beyond their governance roles, they collectively empower the project’s transition into a robust decentralized system. SHIB, as the core community token, ensures grassroots engagement. BONE’s focus on technology drives scalability and security.

On the other hand, LEASH governs rules and regulations within the ecosystem. Finally, the soon-to-launch TREAT token promises to foster innovation and lead marketing efforts.

Shib Network State Vision

The Shiba Inu lead emphasized that the project’s ambition is to make Web3 as seamless as Web2, offering user-friendly technology for a global audience. “Our aim is to evolve Shiba Inu into a technologically advanced and accessible ecosystem,” he shared, emphasizing the project’s commitment to inclusivity and innovation.

As the Shib Network State evolves, Shiba Inu positions itself not just as a cryptocurrency but as a decentralized entity redefining blockchain utility and community governance. This evolution signals a promising future for its ecosystem and holders.

Shib Army Remains Strong

The “Shib Army,” estimated at over six million members, forms the project’s population. Shytoshi Kusama noted that on-chain data revealed many more holders than initially anticipated, especially during events like the FTX collapse.

Meanwhile, Shiba Inu’s territory takes a digital form, encompassing its metaverse and domain assets like “shib.com.” This digital infrastructure acts as a virtual homeland for the Shib Army, providing spaces for interaction and growth. Its multi-chain capabilities also enable seamless token movement across blockchains, establishing connections with other decentralized ecosystems.

A Closer Look Into The Prices

The leading meme coin slipped today amid a broader crypto market crash. SHIB price today fell about 10% to $0.00002165, while its trading volume rose 78% to $864 million. Notably, the crypto has touched a 24-hour high of $0.00002389, reflecting the heightened selling pressure in the market.

BONE price also recorded a dip of 10.5% to $0.4523, after touching a 24-hour high of $0.5061. On the other hand, LEASH token price dropped 5% to $263.09, with its trading volume rocketing 134% to $2.03 million.

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MicroStrategy (MSTR) stock has faced heavy pressure amid a significant pullback in Bitcoin recently. Notably, the stock closed at around 10% down on Tuesday, while continuing its downturn momentum in the pre-market session today. Amid this, renowned Bitcoin critic and economist Peter Schiff has warned over a potential MSTR price crash in the coming days, as the BTC selloff intensifies.

Here’s Why Peter Schiff Predicts MicroStrategy (MSTR) Stock Crash

Renowned economist and Bitcoin critic Peter Schiff has issued a warning of an impending MicroStrategy (MSTR) stock crash. This prediction comes as MSTR faces significant pressure, with its stock price plummeting 10% on Tuesday and continuing its downward trend in today’s pre-market session.

Meanwhile, the economist attributes the potential crash to the intensifying Bitcoin selloff. Besides, he hinted that the US government is not going to buy Bitcoin, as Donald Trump has promised during his election campaigns. It’s worth noting that BTC has witnessed a massive rally after Trump’s victory with soaring optimism over the US adopting a Bitcoin Strategic Reserve.

Schiff’s Warning Sparks Concern

Peter Schiff said that once it becomes clear the US government won’t be buying Bitcoin, investors who hoped to profit from front-running will sell. This, in turn, will force MicroStrategy’s Michael Saylor to accelerate the company’s leveraged Bitcoin purchases to delay the impending crash, he noted.

Notably, MicroStrategy’s stock has been closely tied to Bitcoin’s performance, with the company holding over 1% of the flagship crypto’s total supply. Having said that, a potential crash could have far-reaching implications for both MicroStrategy stock and the broader crypto market. Notably, Schiff also said that a leveraged Bitcoin purchase move would result in the MSTR stock crash first than Bitcoin.

MicroStrategy & Bitcoin Relation

Meanwhile, Schiff’s warnings come as MicroStrategy’s stock has experienced a significant surge, rising over 1,000% since the company adopted its Bitcoin strategy in August 2020. It’s worth noting that the stock of the firm also moves in tandem with Bitcoin’s performance. For context, the recent dip in MSTR price comes as Bitcoin witnessed a steep decline amid a broader crypto market crash. Here we have discussed why Bitcoin price dipped recently after hitting the $102K level.

However, critics like Schiff believe that the company’s rapid accumulation of Bitcoin may lead to a collapse, worsening the market downturn. It’s also worth noting that Peter Schiff has also previously slammed Bitcoin and companies that adopt a BTC buying strategy.

MicroStrategy’s Bitcoin Buying Strategy

Recently, MicroStrategy has acquired 1,070 BTC for $101 million, which has gained investors’ attention. On the other hand, Michael Saylor recently revealed that the company has accumulated 258,320 BTC through 2024, worth around $22.07 billion.

Besides, the company’s founder also revealed that it plans to raise $2 billion in capital through offering its perpetual preferred stock in Q1 2025. The firm also confirmed that this move is aimed at its Bitcoin buying strategy and to strengthen its balance sheet.

MSTR Stock Price Slips 10%

MSTR stock price closed at $341.425 on Tuesday, down 9.94% from its prior session, while witnessing a slump of about 1% in the pre-market session today. Notably, the stock has touched a 52-week high of $543, indicating the growing investors’ confidence towards the asset with the firm continuing its Bitcoin buying strategy. Besides, a recent report indicates that the MSTR price may hit $500 once again.

The post MicroStrategy (MSTR) Stock To Crash, Peter Schiff Says appeared first on coinpress.

Rich Dad Poor Dad author Robert Kiyosaki has once again made headlines with his comments on the recent market crash. He has repeatedly warned of the crash in several prior posts on social media, which has sparked discussions in the market, especially as the market awaits the upcoming Fed’s FOMC minutes. However, in his recent X post, he has shared the potential reasons behind the crash, but still maintained his bullish outlook on Bitcoin.

So, let’s take a look at his recent comments and see his intake on the recent market fundamentals.

Robert Kiyosaki Shares Insight On Market Crash

Renowned Rich Dad Poor Dad author Robert Kiyosaki has reiterated his prediction of a massive market crash, confirming that it is now a reality. In a recent X post, Kiyosaki referenced his 2013 book “Rich Dad’s Prophecy,” which forecasted the impending stock market crash. This has fueled crypto market concerns, as stocks and crypto often move in tandem, with investors awaiting the Fed’s FOMC Minutes from December.

Reasons Behind The Recent Crash

The author attributes the crash to the actions of leaders in 2008, particularly former Fed Chairman Ben Bernanke, who prioritized banker bonuses over the welfare of ordinary citizens. Besides, he notes that various sectors, including the car market, housing market, and retail, are currently experiencing a downturn.

However, despite the grim outlook, Kiyosaki sees opportunities for savvy investors. He predicts that valuable assets like houses, gold, silver, and Bitcoin will become more affordable, presenting a chance to accumulate wealth. He also emphasized capitalizing on this by investing in real assets, including gold and silver mines. Lastly, the author advises readers to remain calm and informed, highlighting that market crashes can be a catalyst for growth and wealth accumulation.

Why Is Bitcoin Crash A ‘Great News’?

In a separate post, the Rich Dad Poor Dad author has maintained his bullish stance on Bitcoin. As BTC price today slipped nearly 6% to $95,845 while its trading volume soared 36% to $66 billion, Robert Kiyosaki urged investors to buy more.

Robert Kiyosaki’s On BTC Accumulation

Notably, the author has recently called the ongoing Bitcoin crash “Great news”, which has sparked market discussions. However, he confirmed accumulating more BTC, saying that “Bitcoin crashing means Bitcoin is on sale.”

Simultaneously, he has urged investors to keep accumulating BTC at lower price and hold. This also showcases his growing confidence in the flagship crypto and its long-term perspectives. Besides, he also highlighted the limited supply of BTC, saying that only “2 million more Bitcoins” are left to be mined.

Crypto Market Crash Fuels Concern

The recent crypto market crash has weighed on the investors’ sentiment, as evidenced by the liquidation of $712 million in the digital assets space. Simultaneously, despite Robert Kiyosaki’s bullish take, investors are looking for potential reasons behind the recent drop in BTC price.

Notably, the investors appear to have maintained a cautious stance as BTC soared past the $100K mark yesterday. On the other hand, the experts also warned over potential volatility with a flurry of key economic events scheduled for this week.

For context, the US Fed’s FOMC Minutes is scheduled to be released today. The market saw a major pullback after the US Fed announced the last rate cut of the year last month. Having said that, the December FOMC minutes might fuel the ongoing market volatility. Simultaneously, the traders will also keep close track of the upcoming US Job data to understand the health of the Labor Market.

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A top analyst recently predicted Dogecoin price’s likely rally to $5 ahead, with soaring global interest towards the digital assets space. On the other hand, the recent comment from Y Combinator CEO Garry Tan has further fueled speculations. In a recent X post, the CEO said that the meme crypto is likely to go up if Elon Musk’s Department of Government Efficiency (D.O.G.E.) fixes the US inflation.

Dogecoin Eyes Rally As Elon Musk’s D.O.G.E. Targets US Inflation

Dogecoin has witnessed impressive growth over the past few days, with increasing focus of the investors towards the meme coins sector. In addition, Elon Musk’s tie to the leading meme coin has further boosted its appeal among traders.

Now, the Department of Government Efficiency (D.O.G.E.), a department created by Donald Trump and led by Musk, focuses on cutting government spending. D.O.G.E. said that excessive government spending is the root cause of inflation. With Vivek Ramaswamy at his side, Musk’s department seeks to implement robust fiscal policies to curb overspending and reduce inflationary pressures.

Relation Between Dollar & Crypto

Meanwhile, Garry Tan, CEO of Y Combinator, recently highlighted the link between Dogecoin’s potential rally and D.O.G.E.’s success. In a recent X post, Tan explained how government overspending inflates the money supply and devalues the dollar. Besides, he predicted Dogecoin could surge in 2025 if “Elon’s DOGE is successful” in tackling the soaring prices.

Tan shared a video explaining the inflation crisis. The video outlined how inflation arises when governments create excessive cash. With the US money supply growing ten times faster than the economy, inflation has surged, eroding the purchasing power of everyday Americans.

Tan emphasized the need for strict spending caps to halt further monetary dilution, which also resembles the vision of Donald Trump and his associates like the Tesla CEO.

Notably, Elon Musk responded to the post, agreeing with the analysis. He noted that if inflation is controlled, the dollar price of cryptocurrencies like Dogecoin may decrease. However, he also highlighted that the value of crypto remains tied to its scarcity and utility rather than dollar inflation.

DOGE Rally To $5 Imminent?

The crypto community has taken note of Musk’s bold move to address inflation. Besides, analysts speculate that the Dogecoin price could witness a strong rally, driven by its cultural appeal and increasing adoption as a payment method.

On the other hand, Elon Musk’s influence on Dogecoin is no secret, and his association with D.O.G.E. strengthens investor confidence. Recently, speculations have soared over a potential DOGE integration to X payments alongside other cryptocurrencies.

In addition, crypto enthusiasts believe Dogecoin could emerge as a reliable store of value if Musk’s D.O.G.E. could resolve the US inflation woes. Amid this, a top analyst predicts a potential Dogecoin rally to $5, which has sparked market optimism.

Meanwhile, in a recent X post, analyst CryptoELlTES said that a major move for the leading dog-themed meme coin is “just getting started.” In addition, he has set three targets for DOGE at $0.75, $1.5, and $5. Besides, he also said, “Even higher targets are on the horizon!”

Notably, DOGE price today was up 1% to $0.3868, while its trading volume jumped 26% to $3 billion. Notably, the crypto has touched a high and low of $0.3978 and $0.3826, respectively. Besides, the recent DOGE whale transactions also indicate a potential rally of the meme coin.

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XRP News: Ripple’s native crypto has recorded a robust rally recently, with soaring anticipation over the pro-crypto regulatory environment in the US. This optimism has further surged with the recent comments from top attorneys and market experts, who anticipate more positive developments in the coming days. Besides, a prominent market analyst has also hinted towards a potential 470% rally in the crypto’s price ahead.

So, here we take a close tour of the recent developments and the analyst’s projection, which might further boost the asset’s appeal to investors.

XRP News: Lawyer Predicts Positive Developments In Coming Weeks

In the latest XRP news, legal experts and market watchers predict positive developments for the crypto in the coming weeks. Pro-XRP lawyer Bill Morgan has recently shared his optimism, which aligns with the latest bullish prediction of the top market analyst Ali Martinez.

For context, Martinez has recently highlighted a technical pattern of XRP price in an X post. In his post, he said that “the SuperTrend indicator flipped bullish on the 12-hour chart” had turned bullish. He noted that this is a rare and historically significant signal for the asset.

According to his post, the last time this indicator turned bullish, Ripple’s native crypto jumped around 470%. So, as the signal has once again appeared, the market watchers remained bullish, while anticipating a robust surge in the asset’s price ahead.

Meanwhile, Bill Morgan further added to the excitement, expressing hopes for positive outcomes for Ripple and its native crypto. The attorney has lauded the recent prediction of Martinez while saying “That would be great given anticipated positive news over the next few weeks concerning XRP.”

Ripple’s Legal Clarity In Focus

XRP price today was up about 3% and exchanged hands at $2.45, while its trading volume rose 14% to $4.35 billion. The crypto has added over 18% in the last seven days but was down around 3% on a monthly basis. However, the asset’s Futures Open Interest was up 7%, reflecting the positive sentiment hovering in the market.

Meanwhile, the surge also comes as speculations soar over what’s next in the ongoing lawsuit. Although legal experts claimed that the US SEC under Gary Gensler would file its opening brief on the XRP lawsuit before the January 15 deadline, the market sentiment remained strong. Notably, the experts maintained a bullish stance, especially with soaring anticipation over the pro-crypto regulatory environment in the US after Trump’s inauguration.

Besides, the top attorneys also said that chances are high over a potential settlement in the Ripple SEC case under the incoming agency’s Chair Paul Atkins. Having said that, it appears that XRP is likely to continue its strong momentum ahead, as optimism over Ripple’s legal clarity soars.

Besides, adding to the excitement, veteran trader Peter Brandt said that Ripple’s native crypto could attain a market cap of $500 billion. However, he noted that to achieve that, the “Half mast flags”, that are forming should be completed within six weeks.

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The leading crypto platform, Backpack Exchange, said it has acquired FTX EU, the European arm of the defunct FTX Exchange. This acquisition, approved by the FTX bankruptcy court and the Cyprus Securities and Exchange Commission (CySEC), reflects the exchange’s move to dominate Europe’s regulated crypto trading market. Notably, the exchange plans to offer innovative products, including crypto derivatives, across the European Union by early 2025.

Backpack Exchange Buys FTX EU

Backpack Exchange announced that it has completed the acquisition of FTX EU, aiming to fill the gap left by unregulated offshore exchanges exiting Europe. As a MiFID II-licenced entity, the new Backpack EU will focus on transparency and compliance to the region’s underserved crypto sector. Besides, the exchange eyes to bring perpetual futures through this acquisition, marking a significant milestone in the EU’s crypto space.

Backpack CEO Armani Ferrante lauded the acquisition, saying that this move would ensure European users gain access to secure and regulated trading solutions. He stated:

“As many international exchanges exit the European Union, becoming a MiFID II-licensed entity demonstrates our dedication to meeting the highest regulatory standards and is a significant step to bringing transparent, secure, and regulated crypto trading to an underserved European market.”

Meanwhile, Backpack EU remained committed to customer restitution alongside product innovation. The exchange said that it would start distribution of previously court-approved FTX bankruptcy claims to FTX EU customers. Ferrante said:

“Customer restitution is a crucial step to rebuild trust and confidence in the industry, and Backpack is committed to returning FTX EU customers’ funds as fast and as safely as possible.”

Backpack EU Eyes Q1 2025 Launch

Backpack EU plans to activate its license and begin operations in the first quarter of 2025. The exchange promises updates on how new users can sign up and how FTX EU customers can reclaim their assets through official channels. Meanwhile, this acquisition is a strategic milestone in Backpack’s global expansion. It not only opens doors to a regulated derivatives market but also highlights the firm’s commitment to restoring trust in the crypto ecosystem.

By acquiring FTX EU, Backpack Exchange positions itself as a key player in Europe’s crypto space, ensuring compliance while offering innovative solutions to traders. As it prepares to go live, the platform’s success could pave the way for a more transparent and regulated crypto future in the region.

FTX Claims Distribution Plan In Focus

This development from Backpack Exchange comes as FTX’s $16 billion Claims Payout gained attention from the market participants. For context, FTX has initiated payments to creditors under its Chapter 11 Plan of Reorganization, effective January 3, 2025. Initial payments to Convenience Class creditors will be made within 60 days.

On the other hand, another recent FTX development that has gained significant attention is the reduced jail term of its co-founder Ryan Salame for his role in Sam Bankman-Fried’s multi-billion dollar fraud scheme. The developments mark significant progress in resolving the fallout from FTX’s collapse in November 2022, bringing relief to affected creditors and accountability to those involved.

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XRP has gained notable traction over the past few days with its robust rally and other market developments. Amid this, a recent report showed that Ripple’s native crypto outpaced Bitcoin and Ethereum, in terms of money flow, last week. This has sparked discussions in the crypto community, especially as industry experts eye a potential rally in the asset’s price ahead.

XRP Outpaces Bitcoin & Ethereum With Robust Weekly Inflow

Meanwhile, a recent report from CoinShares Digital Asset Fund Flows showed that Bitcoin recorded an outflow of $25 million last week. On the other hand, Ethereum saw a $2 million influx while Solana noted an outflow of $0.4 million. However, despite the gloomy picture, XRP emerged as one of the leading altcoins with the highest influx.

According to the data, Ripple’s native crypto saw an inflow of $5.7 million, surpassing both BTC and ETH. This development appears to have further fueled the market sentiment towards the crypto, especially amid soaring interest in the digital assets space.

However, in the first three trading days of 2025, Bitcoin and Ethereum appeared to have regained momentum with inflows of $573 million and $11 million, respectively. XRP saw a muted flow in the same time frame.

Meanwhile, the report showed that digital asset investment products witnessed a record-breaking $44.2 billion in inflows globally in 2024, nearly four times the previous record set in 2021. Despite last week’s outflux, Bitcoin emerged as the clear winner, attracting $38 billion in inflows in 2024, which represents 29% of the total assets under management (AuM).

On the other hand, Ethereum also saw a resurgence, with full-year inflows reaching $4.8 billion, 2.4 times the total seen in 2021. The report also noted that altcoins, excluding Ethereum, saw inflows of $813 million in 2024, representing just 18% of AuM.

Can Ripple’s Native Crypto Maintain This Bullish Momentum?

XRP price today was up about 2% and exchanged hands at $2.40, but its trading volume fell 12% to $3.71 billion. Over the last seven days, the crypto has added about 15%, while witnessing a monthly decline of about 2%. However, the coin’s Futures Open Interest recorded a jump of around 65%, indicating the strong interest of the investors towards the crypto.

Notably, Donald Trump’s election win has reignited optimism among investors toward digital assets. The CoinShares data noted that the US played a significant role in last year’s inflow surge, with US spot-based ETFs accounting for $44.4 billion of the total inflows.

Besides, this has also sparked optimism over a crypto-friendly regulatory environment in the country. Having said that, a flurry of experts have predicted a potential settlement in the Ripple SEC case under the incoming SEC Chair Paul Atkins. This development, if happens, could send the prices to a new ATH in the coming days.

However, investors should also consider that the current SEC Gary Gensler could make a last-minute move by filing its opening brief in the XRP lawsuit. This could significantly dampen the investors’ sentiment while weighing on the crypto’s performance. In addition, in a recent analysis, Ali Martinez also said that XRP price could witness a pullback while maintaining a bullish outlook for the long-term trajectory of the coin.

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The speculations over Elon Musk’s X payment launch have soared recently, with several renowned figures and influencers have put their bets on it. Amid this, the investors’ hope for a potential DOGE rally has also been intensified, as evidenced by the recent comments from the experts. Also, Musk’s tie to the meme coin sector and his prior backing for Dogecoin have further sparked optimism.

Elon Musk’s X Payment Launch Speculations Fuels Crypto Hope

The speculations over Elon Musk’s X payment launch soared as the tech mogul is gearing up to transform X into an “everything app.” According to a Forbes report, recent leaks suggest X Money, the platform’s payment system, could launch imminently without securing full regulatory approval in all US states. According to an X influencer Alex Finn, the newly released platform code hints at a rapid rollout.

Linda Yaccarino, X’s CEO, recently confirmed plans to introduce X Money by 2025. The payment system aims to integrate features like cryptocurrency support, mirroring China’s WeChat. While there is no official confirmation yet, speculation abounds that Bitcoin, Dogecoin, and stablecoins like Tether’s USDT may play pivotal roles.

Meanwhile, another X influencer Aaron, a contributor at MacRumors, also highlighted the development. In a recent social media post, he hinted towards a potential “X Money” launch “in the US before getting approval in all 50 states. Simultaneously, Jaime Rogozinski, founder of WallStreetBets, believes Musk is preparing to disrupt the digital currency landscape, calling it a “secret plan for stability.”

Notably, these developments have also fueled a potential Dogecoin integration to X payments. In other words, a flurry of investors is anticipating that Elon Musk’s X payment will allow DOGE to be an option for investors. It has also fueled hopes over a potential rally in the top meme coin ahead.

DOGE Eyes Rally Amid Musk’s Backing

The launch of Elon Musk’s X payment could pave a bullish way ahead for Dogecoin. For context, popular market expert Ali Martinez has recently fueled the speculation with his recent statement on the development. Commenting on the WallStreetBets founder’s post, Martinez said “It smells like DOGE in here”, highlighting Musk’s known affiliation with the token.

Simultaneously, Musk has recently shared a cryptic post, which has also fueled speculations towards a Dogecoin Reserve in the US. Additionally, the speculations were further fueled by Donald Trump’s newly formed Department of Government Efficiency (D.O.G.E.). The acronym of the department, led by Musk and Vivek Ramaswamy, resembles the Dogecoin ticker, which has also sparked heavy discussions in the broader crypto market.

On the other hand, the Tesla CEO’s tie with the crypto department has also gained notable traction lately. Recently, the tech mogul has changed his social media name to Kekius Maximus, which has fueled a massive rally in the meme coin’s price.

However, despite these developments, DOGE price today was down about 0.7% to $0.3833. The token has touched a 24-hour high of $0.3909 while adding about 20% to its price over the last seven days. Further, DOGE Futures Open Interest has also been noted over the past few days, indicating growing optimism of the investors towards the crypto.

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XRP price has recorded a strong rally over the past few months, especially after Trump’s win has fueled market optimism. Adding to the excitement, a top market expert recently shared a bullish forecast for Ripple’s native crypto, predicting a potential surge to $11. However, despite the positive long-term outlook, the expert said that the crypto could witness a pullback before the strong rally.

Top Expert Predicts XRP Price Rally To $11

As XRP price recorded a robust rally recently, market experts remained positive on the future trajectory of the coin. For context, crypto market expert Ali Martinez recently shared a price chart highlighting the key levels for Ripple’s native crypto. He has shared a key resistance level that the crypto should break to avoid the bearish momentum ahead.

For context, the expert said that the crypto’s price action remains in focus as it consolidates within a bullish pennant pattern. In addition, he said that crypto could risk falling to $2.05 ahead “until the $2.73 resistance is broken.” However, despite the warning on the short-term performance, the analyst noted that the crypto could rally to $11 after the “pullback.”

In other words, this analysis suggests that while the long-term outlook is optimistic, traders should prepare for potential short-term volatility. Historically, bull pennant patterns indicate accumulation phases, followed by significant price moves. XRP’s current technical setup aligns with this, signaling a possible retracement before achieving new highs.

Meanwhile, the crypto market’s growing bullish sentiment adds further momentum to XRP. Notably, this projection reflects both the token’s strong fundamentals and renewed investor confidence in the broader crypto market.

A Closer Look Into Ripple’s Native Crypto & Its Future Prospects

The warning over the short-term pullback in XRP price also aligns with the current market sentiment as the US SEC’s deadline to file the opening brief in the Ripple Vs SEC lawsuit is approaching. Notably, a flurry of experts believes that SEC Chair Gary Gensler would file the opening brief before leaving his chair later this month.

This development, if happens, could impact the price trajectory of the token. However, despite that, the market sentiment remained high over the long-term scenario for XRP. For context, in a recent X post, a pro-XRP lawyer recently commented on the potential conclusion timeline of the ongoing XRP lawsuit.

On the other hand, the anticipation over positive crypto developments under Donald Trump’s presidency and crypto-friendly SEC Chair Paul Atkins has further bolstered sentiment. Notably, XRP is one of the leading contenders among the top crypto ETF launches expected this year.

Having said that, the market experts anticipate these developments to further send the XRP price to a new high, potentially to $11 as Martinez predicted. In addition, another top analyst EGRAG CRYPTO has reiterated his bullish stance on XRP, saying that the crypto is poised to hit $27 in the long run.

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Pepe Coin price has witnessed a jump of over 3% today amid a robust rally noted in the broader crypto market. Amid this, a prominent market analyst predicts a potential 120% rally in the frog-themed meme coin to around $0.00004, which has fueled speculations among investors. In addition, this bold prediction also comes as the market focus appears to be shifting toward the meme space, with experts revealing a bullish outlook for DOGE, SHIB, BONK, and others in 2025.

Top Expert Predicts Pepe Coin Price To Hit $0.000046

The recent surge in Pepe Coin price alongside other top meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), BONK, and others, is attracting significant attention. Amid this, a top market analyst Rose Premium Signals highlighted the technical indicators of the frog-themed meme coin.

The analyst noted that the technical charts show a strong accumulation pattern for the crypto. These include Fibonacci retracements and wedge formations, signaling an imminent breakout. Notably, the expert said that meme coins tend to lag behind Bitcoin and Ethereum during market rallies.

However, once major cryptocurrencies stabilize, meme coins often experience exponential growth. Having said that, Rose Premium Signals shared bullish targets for the meme coins in a recent X post. For Pepe Coin price, the target is set at $0.000046, a rally of around 120% from its current price.

Meanwhile, PEPE price today rose 3.03% to $0.00002119, while its daily trading volume rose 18% to $1.9 billion. Notably, the crypto has touched a high of $0.00002184 in the last 24 hours. Besides, CoinGlass data showed Pepe Futures Open Interest also showed a spike of 18%, indicating strong market confidence of the investors.

What’s Next For Other Meme Coins?

The recent rally in the meme coin has fueled speculations in the market. Adding to the excitement, a recent statement from market expert Murad has further sparked discussions in the market. In a recent X post, Murad stated:

“There will soon be weeks when the whole World is talking about Memecoins.”

Meanwhile, the meme coin sector’s potential for rapid gains continues to draw both seasoned investors and new traders. Analysts anticipate that the increasing market focus on these assets could drive prices to unprecedented levels. Having said that, DOGE, SHIB, BONK, and others, are also poised to rally alongside Pepe Coin price ahead.

DOGE, SHIB, & BONK Eyes Massive Rally

Rose Premium Signals also set bullish targets for the top dog-themed meme coins like DOGE, SHIB, and others alongside Pepe Coin price. For DOGE, the analyst has set a target of $0.825, while for SHIB, the target is at $0.000055. In addition, the expert expects the BONK price to hit $0.000076 in this cycle.

Such bold predictions have sparked speculation about a possible meme coin rally cycle, with many investors eagerly watching for the next big move. Meanwhile, DOGE price today rallied 15% to $0.3896, while its one-day trading volume rocketed 195% to $6.44 billion. Besides, a recent DOGE price analysis hints at a potential rally to $0.73 for the crypto.

On the other hand, SHIB price today rose 6% to $0.00002428, and its trading volume jumped 66% to $774.1 million. Furthermore, Shiba Inu Futures Open Interest was up 26% at the same time. Notably, a recent SHIB price analysis indicates a looming 45% rally in the meme coin’s price.

Lastly, BONK price added about 8% today, indicating the shifting market focus towards the meme coins sector. In addition, a recent report also explored the key catalysts that might have boosted the BONK price today.

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In a recent X post, renowned Rich Dad Poor Dad Author Robert Kiyosaki said that the “GIANT MARKET CRASH” is already here. However, despite the economic concerns, he has reiterated his bullish stance on gold, silver, and Bitcoin. Besides, the author also shared reasons that why maintains a positive outlook on these riskier assets, especially amid inflation and other macroeconomic concerns.

Rich Dad Poor Dad Author Confirms “GIANT MARKET CRASH” Start

Financial expert and renowned Rich Dad Poor Dad author, Robert Kiyosaki, has issued a dire warning, confirming a “GIANT MARKET CRASH” start. In a recent X post, Kiyosaki emphasized the importance of investing in tangible assets, such as gold, silver, and Bitcoin, to hedge against the impending economic downturn.

Kiyosaki attributed the looming crash to the reckless monetary policies of the US central bank, governments, and financial institutions. Meanwhile, it also comes in tandem with his previous warning of a global economic depression.

The author noted that the government only worsened the problem by printing more “fake money.” This, in turn, fuels inflation, erodes the purchasing power of fiat currencies, and widens the wealth gap between the rich and the poor. To mitigate the effects of the impending crash, Kiyosaki advises investors to focus on accumulating real assets, such as precious metals and Bitcoin.

He said that these assets have historically maintained their value and even appreciated during times of economic turmoil. Besides, it also highlights the author’s strong confidence in Bitcoin and precious metals as a hedge against the macroeconomic woes.

Can Bitcoin Rally Continue Amid These Economic Concerns?

The Rich Dad Poor Dad author has maintained a bullish stance on Bitcoin, giving bold predictions recently. Recently, Robert Kiyosaki said that BTC is poised to hit between $175K and $350K in 2025, which has gained immense traction from the market participants.

In addition, a flurry of market experts also remained bullish on the long-term trajectory of the coin. A recent Bitcoin price analysis indicates that the crypto could hit the $108K mark once it cross the $100K level. Notably, BTC price today was up over 2% and exchanged hands at $98,261 and its trading volume fell 15% to $35.28 billion.

Meanwhile, as the author of the bestselling book “Rich Dad Poor Dad,” Kiyosaki’s warnings and investment advice carry significant weight. With his latest prediction, investors would do well to take heed and reassess their investment strategies to ensure they are adequately prepared for the impending market crash.

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The Solana memecoin AI16Z has caught the eye after delivering massive profits to crypto traders. The token has crossed the brief $2 billion market cap recently, with its price rising about 430% in 30 days. It also created an opportunity for a crypto trader to book a 1000% profit by strategically cashing out during the peak rally despite a sharp decline in its price today.

Crypto Trader Nabs 1000% Profit With AI16Z Trading

A recent Solscan report showed that a crypto trader recently sold their entire holding of 2.27 million AI16Z tokens for $4.77 million. This move helps the trader in booking an extraordinary profit of $4.47 million. The strategic sell-off, at a price of $2.1 per token, underscores the coin’s explosive growth in recent days and investor confidence.

The Solana meme coin has been a hot topic among traders, primarily due to its consistent performance and growing market demand. However, the token’s value dipped sharply today as investors rushed to book profits, echoing the volatility commonly seen with top meme coins.

However, the Solana meme coin’s remarkable rally has also stirred discussions about its potential to challenge leading players like Dogecoin. Besides, the recent whale transactions also highlight the growing confidence of the investors towards the coin. For context, a recent report showed that a crypto whale bets big on AI16Z with a $4 million purchase, signaling sustained interest in its growth potential despite current market turbulence.

What’s Next For The Solana Meme Coin?

AI16Z price today was up 3% and exchanged hands at $2.16. However, it recently fell more than 15% in the early trading hours. The token’s trading volume was up about 55% to $459 million, while its market cap stayed above the $2.21 billion mark. Notably, the crypto has touched a 24-hour high of $2.46, suggesting the highly volatile trading of the token.

The Futures Open Interest for the token was up over 42%, CoinGlass data showed. This on-chain data signals a bullish momentum hover in the market currently. While the Solana meme coin has shown its ability to generate exponential gains, its future depends on sustaining market confidence.

The token’s massive surge reflects its increasing traction among crypto traders, but the current profit-taking phase raises questions about its long-term stability. In other words, whale activity has been a significant driver of the crypto’s price movement. Having said that, investors remain curious about whether the meme coin can maintain its upward trajectory.

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XRP News: The recent global shifting focus toward digital assets has once again fueled a rally in the broader digital assets space. Amid this, Ripple’s native crypto emerged as a top player, with a flurry of developments backing the positive outlook for the crypto. In addition, the soaring anticipation over a potential approval of the Ripple ETF, as per the betters on the prediction marketplace Polymarket, has further boosted market sentiment.

XRP News: Ripple ETF Speculations Boost Sentiment

In the latest XRP news, Polymarket showed that there is a 70% probability of a potential Ripple ETF approval in the US. According to the data, the bets have increased significantly over a potential approval by December 31, 2025. This has fueled speculation among investors, especially as market sentiment has recently been boosted after Donald Trump’s election win.

For context, Bitcoin as well as the top altcoins has recorded a robust rally over the past few months. Donald Trump’s victory and his active support for the crypto market during his election campaign have bolstered the market sentiments.

Besides, his recent nomination of crypto-friendly Paul Atkins as the new US SEC chair after Gary Gensler has further fueled investors’ hope. This move has also sparked discussions over a potential dismissal of the Ripple Vs SEC lawsuit under the incoming SEC chair.

Having said that, several experts anticipate a flurry of crypto ETFs to be approved this year. Apart from XRP ETF, the market experts are also putting their bets on the Solana ETF approval in 2025. Notably, Polymarket data showed that there is an 82% chance of a potential SOL ETF approval in 2025.

What Lies Ahead For Ripple Coin?

XRP price today was up over 3% and traded at $2.42, while its market cap touched $138.88 billion. The one-day trading volume of the crypto fell 41% to $6.22 billion. Notably, the crypto has touched a 24-hour high and low of $2.47 and $2.35, respectively. However, despite the surge, Ripple Futures Open Interest slumped 2%, highlighting the cautious stance of the investors.

However, the market experts remained optimistic about the future trajectory of the coin. For context, in a recent X post, renowned analyst Dark Defender said that Ripple’s price is poised to hit $5.85 once it soars past the critical support of $2.72. He also noted that the crypto has found a new support at $2.22.

Meanwhile, the soaring anticipation over a potential Ripple ETF approval in the US has further boosted the market sentiment. Having said that, its native crypto is likely to witness robust growth ahead, given the recent positive developments. For context, a recent XRP price prediction indicated that the crypto is gearing up for a robust rally, especially amid the soaring global adoption of the asset.

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The discussions over the crypto ETF market in 2025 have peaked recently, with the market participants expecting pro-crypto developments under Trump’s presidency. Additionally, the appointment of the new crypto-friendly SEC Chair Paul Atkins has further boosted the market. Having said that, a top expert recently revealed key developments that can be expected in the market in 2025 while predicting a potential approval of the Spot Solana ETF.

Top Expert Predicts Solana ETF Approval In 2025

Industry experts predict a transformative year for crypto ETFs in 2025. Nate Geraci, President of ETF Store, recently shared his confidence in key developments. He forecasted the approval of Spot Bitcoin and Ethereum ETFs, trading of Spot Ethereum ETF options, and the introduction of staking for Spot Ethereum ETFs. Most notably, he expressed strong confidence in the approval of a Spot Solana ETF, emphasizing the likelihood of its occurrence.

Supporting this sentiment, the leading prediction market, Polymarket data revealed a 76% probability for the approval of a SOL ETF in 2025. These indicators have strengthened market optimism, especially with the US SEC’s regulatory landscape becoming increasingly favorable for crypto innovations.

The potential approval of a Spot Solana ETF is seen as a game-changer. It would mark a significant milestone for Solana, solidifying its position as a major player in the crypto ecosystem. Besides, the move could attract institutional investors seeking exposure to Solana’s rapidly growing blockchain ecosystem, which is lauded for its scalability and efficiency.

SOL Rallies As Pro-Crypto Sentiment Boosts Market Hope

The pro-crypto momentum under a Trump presidency is further fueled by Paul Atkins, whose appointment as SEC Chair signals a shift toward fostering innovation. Market participants believe this leadership change could expedite crypto ETF approvals. The Solana blockchain’s reputation as a versatile and efficient platform enhances its appeal as a viable ETF candidate.

Its growing adoption in decentralized finance (DeFi), non-fungible tokens (NFTs), and gaming sectors demonstrates its ability to drive future blockchain innovations. With the possibility of Spot Solana ETF approval on the horizon, crypto enthusiasts anticipate it could catalyze broader acceptance of blockchain technology.

As 2025 unfolds, all eyes will remain on the regulatory developments shaping the next chapter of the crypto market. The coming year could herald a new era for crypto ETFs, marking the beginning of the widespread integration of blockchain assets into traditional finance.

Meanwhile, Solana price today rallied more than 9% and exchanged hands at $208.12, while its trading volume jumped 31% to $3.82 billion. Furthermore, SOL Futures Open Interest also recorded a significant jump amid the bullish performance of the token. Besides, a recent Solana price analysis hints at a potential rally to $400.

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