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Yahoo
24-05-2025
- Business
- Yahoo
XRP, Dogecoin, Shiba Inu Waiting To Pump: 'They Dominate Mindshare, They Can Lead In Culture,' Expert Says
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bitcoin's (CRYPTO: BTC) recent surge to an all-time high of $111,900 has reignited discussions about its market dominance and the potential implications for altcoins. As Bitcoin's dominance approaches 64%, analysts are closely monitoring whether this trend will lead to a capital rotation into alternative cryptocurrencies. Historically, a rise in Bitcoin's dominance often precedes a shift where investors begin to diversify into altcoins. Trending: — no wallets, just price speculation and free paper trading to practice different strategies. Speaking with Benzinga, Alice Liu, Head of Research at Coinmarketcap, noted, 'With Bitcoin dominance climbing toward 63.3%, there's potential for short-term altcoin rotation.' She emphasized that as Bitcoin maintains its position above key levels, retail-driven tokens like Dogecoin (CRYPTO: DOGE), XRP (CRYPTO: XRP), and Shiba Inu (CRYPTO: SHIB) could garner renewed attention, especially if accumulation by whales and retail wallets continues and broader sentiment remains in 'Greed.' The sentiment among retail investors is also shifting. Tom Bruni, VP of Community at Stocktwits, told Benzinga, 'Over half our community sees Bitcoin hitting $150,000 in 2025, and nearly 50% expect altcoins to outperform this year.' He highlighted the enduring appeal of legacy tokens, stating, 'Legacy tokens like XRP, DOGE, and SHIB continue to dominate mindshare. Whether or not they lead in tech, they've proven they can lead in culture.' While some altcoins may benefit from this potential rotation, others might not experience the same Barthere, Principal Research Analyst at Nansen, pointed out, 'XRP, for instance, previously benefited from speculative momentum tied to potential inclusion in FX reserves, a tailwind that is no longer present, unlike Bitcoin.' She emphasized the importance of clear catalysts for altcoins to drive performance in the current market environment. Kelghe D'Cruz, CEO of Pairs, highlighted the cyclical nature of the crypto market, stating, 'The typical market cycle tends to follow a well-known pattern: Bitcoin runs up first, its dominance plateaus, and then altcoins begin to move.' He expressed optimism about Dogecoin's future, mentioning the upcoming launch of DogeOS as a potential transformative initiative for the token. However, not all experts are equally optimistic about all altcoins. Eneko Knörr, CEO of Stabolut, expressed skepticism about meme coins, stating, 'Retail might chase them for hype cycles, but I believe other altcoins will offer stronger fundamentals and better long-term upside.' He acknowledged that XRP still has a defined use case and loyal community, which might help it maintain relevance. Joe Z, Co-founder of DeAgentAI, emphasized the potential for capital rotation into altcoins, noting, 'If Bitcoin maintains its position above $110,000, we could see strong allocations across OG altcoins like XRP, DOGE, and SHIB, especially among retail investors seeking higher returns than what BTC can provide in the short term.' He also highlighted technological developments like Shibarium as potential catalysts for SHIB's upward price momentum. Read Next: New to crypto? Get up to $400 in rewards for successfully completing short educational courses and making your first qualifying trade on Coinbase. A must-have for all crypto enthusiasts: Sign up for the Gemini Credit Card today and earn rewards on Bitcoin Ether, or 60+ other tokens, with every purchase. Image: Shutterstock Send To MSN: Send to MSN This article XRP, Dogecoin, Shiba Inu Waiting To Pump: 'They Dominate Mindshare, They Can Lead In Culture,' Expert Says originally appeared on
Business Mayor
18-05-2025
- Business
- Business Mayor
Crypto Trader Turns $10,000 Into Millions On Solana-Based Altcoin, Is This Ethereum-Based Altcoin Up Next?
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content. A crypto trader recently turned $10,000 worth of LAUNCHCOIN, a Solana-based altcoin, into millions of dollars. This is evidence that the crypto market is full of opportunities, one only has to invest in the right tokens. It has reignited interest in niche altcoins, with experts believing that Ethereum-based Remittix (RTX) could be the next big mover. Why crypto experts are big on Remittix Remittix is designed to revolutionize cross-border payments. It enables retail users to pay fiat into any bank account using crypto. You only have to connect your wallet and you're good to go. For merchants, Remittix provides streamlined crypto-fiat transactions, making commerce easy and smooth. RTX: The Presale You've Been Waiting For | Remittix Review This is a groundbreaking real-world use case. Its application knows no bounds. That's why experts are big on Remittix. The world's remittance market is worth over $800 billion, and Remittix has the potential to break through and disrupt the space. Imagine how high it would soar when this happens. As a result, the Remittix presale is a hotly contested affair. Over $15 million has been raised from more than 30,000 investors and half a billion tokens have been sold. Considering that it is going for $0.0757, an affordable entry level price, jumping on the bandwagon looks like an easy decision. By the time Remittix hits the exchanges, experts believe its price would rocket to the moon. Current predictions estimate a 50x price explosion. But based on Remittix's immense potential and surging momentum, the actual gains could be as high as 1,000x. Read More Bitcoin's Bullish Momentum Faces Threat Of Bearish Divergence Solana-based LAUNCHCOIN turns crypto trader into a millionaire The latest sensation in the Solana ecosystem is LAUNCHCOIN, a SocialFi token that powers the Believe platform. LAUNCHCOIN enables permissionless token creation directly from social media posts, making it easier than ever for creators to launch new tokens and engage communities. Launchcoin's rally last month. Source: Coinmarketcap This approach has fueled a viral rally, with the token surging over 7,000% in just one week. A standout case saw a trader invest roughly $9,000 in LAUNCHCOIN, only to watch it balloon to $4.7 million in less than a month. This is a staggering return. It kindled interest in LAUNCHCOIN and attracted a horde of new investors. But will this price level hold for long? LAUNCHCOIN price prediction LAUNCHCOIN's price action has been marked by extreme volatility, even though its rapid ascent captured the crypto market's attention. Its rise highlights the high-reward potential of a token being launched on the Solana ecosystem. It also reflects the effect of a token being launched on exchanges has on its price. Source: Coinmarketcap/Pocoloco Nevertheless, investors are cautious about LAUNCHCOIN. Its rapid ascent was followed by a sharp drop. As a result, not everyone will get lucky by investing in coins like this. Don't miss out on Remittix LAUNCHCOIN's recent rally is a testament to the crypto market's potential for life-changing gains. Yet, as the dust settles, the spotlight is shifting toward projects with lasting value and practical applications like Remittix. With its Ethereum foundation and cross-border payment innovation, Remittix is increasingly seen by analysts as the altcoin most likely to deliver stellar returns in 2025. It has appreciated 400% already in 2025. By the time it launches on exchanges, Remittix is set to create a new set of crypto millionaires. Discover the future of PayFi with Remittix by checking out their presale here: Website: Socials:
Business Mayor
12-05-2025
- Business
- Business Mayor
XRP Price Set For $15 Breakout After SEC Win & Volume Surge
XRP trading at $2.37 with a 24-hour volume spike of 9.84%, signaling rising investor interest. Technical analysis suggests a possible bullish breakout toward $15, based on symmetrical triangle patterns. Ripple's favorable SEC settlement reduces penalties and boosts market confidence in XRP. XRP is currently trading at $2.37, down a minimal 1.62% for the day. Trading volume for a 24-hour period jumped by 9.84% to $4.32 billion, reflecting increased activity by investors. In a week, XRP is up 9.46% and is showing increased momentum with investors looking toward key support points. Source: Coinmarketcap XRP's current trend, a symmetrical triangle pattern spanning a few years, is seen by crypto analyst Ali as potentially building up for a huge breakout. If true, technical estimates put XRP's target as high as $15. This is based on measuring the pattern's peak height, from a high point of $3.50 back in 2018 down to 2020's lows, and extending it vertically from the expected breakout at about $2.40. XRP Price Prediction 2025: Will Ripple's Token Hit $15 After Legal Win? 4 This technical optimism has come at a time when a market-wide bullish mood has been ignited partly by regulatory clarity following Ripple's partial win in its legal battle against the US Securities and Exchange Commission (SEC). The recent crossing and break of the upper trendline in May 2025 adds additional validity to a breakout thesis. The extended legal battle spanning years between Ripple Labs and the SEC has been a source of uncertainty for all the holders of XRP. Commencing in December 2020, the dispute was about whether or not XRP is a security. Now, with a settlement agreed, Ripple will pay $50 million, a far lesser figure than the initial $125 million requested by the SEC. The move is regarded as a landmark moment toward firmer crypto regulation within the U.S. The settlement, achieved by Judge Analisa Torres, also removes earlier injunctions against executives Bradley Garlinghouse and Christian Larsen of Ripple. With regulation relaxed, Ripple is able now to turn attention back to growth measures, including cross-border payment innovations. The price of XRP's response to this resolution is reflective of renewed confidence among investors as well as release from ongoing legal uncertainty. This result is also seen as a future benchmark for dealings by the SEC with crypto companies, signaling an approach to more collaborative regulation. Predictive platforms, such as DigitalCoinPrice, are forecasting that the coin will surpass $5.18 by 2025, crossing over the next hurdle at $3.84. Analysts are predicting that XRP will remain within a band of $4.98 to $5.18 before it goes for even greater highs. The technical setup, lowered legal burdens, and rising market sentiment put together point towards substantial upside for the coin. However, past volatility is a cautionary note for traders. Related Reading | Bitcoin's Hidden Signal Hits Rare Level—Watch What Happens Next
News18
04-05-2025
- Business
- News18
Pi Cryptocurrency: Price Rises 1% As Banxa Expands Access To 100+ Countries
Last Updated: Banxa's KYB approval lets users in 100+ countries buy Pi with cash, boosting Pi Network's accessibility. Pi Cryptocurrency: Banxa has now received KYB approval, marking a significant milestone for the Pi Network and its global community. With this approval, people in over 100 countries can now instantly buy Pi using cash through Banxa. This development improves accessibility and is expected to increase Pi Network adoption. Banxa had recently paused Pi transactions. During this time, it was believed Banxa had amassed millions of Pi at low prices, suggesting they planned to resume once regulatory approval was secured. Implications for the Pi Community advetisement Banxa's KYB approval means that individuals in over 100 countries can easily purchase Pi with cash, significantly boosting accessibility and global adoption. It is anticipated that more platforms, including BitMart and HTX, will also receive KYB approval within the next 10 days, indicating growing institutional support for the project. Only KYB-approved companies can legally use and trade Pi, whereas individuals engaging in peer-to-peer (P2P) transactions must be KYC-approved and utilize non-custodial wallets. 82% Drop From All-Time Peak Pi Coin price fell almost 80 per cent from its all-time peak at $3. According to Coinmarketcap, the current price hovers at $0.50 per cent. This decline has raised concerns about the legitimacy, liquidity, and trading support of the project. Pi Coin Price Prediction In the past 24 hours, Pi's price has risen by 2.5% to approximately $0, following a period of price pressure due to ongoing token unlocks. As the rate of new unlocks is expected to slow down after mid-May, selling pressure may decrease, allowing potential growth. The next significant resistance level is at $0.60. A breakout above this could lead to a move towards $1, indicating stronger market confidence in the project's future. Location : New Delhi, India, India First Published:
