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PEPE has staged a sharp rebound from a major support level, causing bullish speculation about a potential 100% rally. The crypto token is currently showing signs of renewed upward momentum after holding above the $0.00000567 support zone that has previously acted as a price floor on the daily candlestick timeframe chart. Particularly, technical analysis suggests that PEPE is about to go on a 100% price bounce from the support level.

Technical Structure Points To Bullish Continuation For PEPE

PEPE’s price action has been steady since the beginning of the year, extending a correction run after it reached a peak price of $0.00002803 on December 9, 2024. The extended decline and accompanying selling pressure saw the PEPE price clean out most of its gains in Q4 2024 until it reached a low of $0.00000525 in early March, which has served as a horizontal support level.

The latest chart setup reflects another clean bounce from this horizontal support in the past few days. According to a technical analysis posted on TradingView, the bullish scenario is now developing, especially after the price reclaimed the $0.00000710 level. This move not only confirms strength at the base but also opens the door to a potential breakout targeting $0.00001447. However, there is still a resistance level to watch out for around $0.000009, where a brief rally was rejected in late March.

The analyst behind the post highlighted a simple risk-managed setup: a long entry above $0.00000710, a stop loss below $0.00000567, and a target that essentially doubles the current price. The broad structure resembles a breakout-ready consolidation, where prior lows have held firm and the latest candles are pushing toward the neckline of a range-bound zone.

Momentum Building Steadily In Broader Crypto Market

At the time of writing, PEPE is trading at $0.0000074, and a run to the price target at $0.00001447 would represent a 95% return for bullish traders who get in at the current price. Interestingly, this bullish outlook is the first in a while, as the PEPE price has been mostly highlighted with bearish analyses in the past two weeks. One analyst even highlighted a potential crash towards $0.0000055 if PEPE were to lose a support level at $0.0000065. This has since come to pass, and the meme coin has finally found a strong bounce at this point.

The current sentiment in the crypto market appears constructive, with most cryptocurrencies starting to see gains after a crazy few weeks. This constructive sentiment is led by Bitcoin, which has now returned to trading around $85,000. The price action looks positive, and steady inflows could cause the meme coin to ride the bounce towards $0.00001447 before the end of April.

Dogecoin’s price continues to trade below the $0.17 level caused by ongoing bearish pressure. With robust volatility persistently hindering Dogecoin’s upward movements, major investors and traders are becoming extremely cautious about the dog-themed meme coin. Recent reports have shown a decline in accumulation among these major DOGE players.

Reduced Whale Activity In Dogecoin

Continued price fluctuations have stifled the positive sentiment around Dogecoin and its near-term prospects. Ali Martinez, a technical and on-chain expert, identified a worrying shift in sentiment among Dogecoin investors in the past few days, raising concerns about a potential extension of the current correction.

Large investors, usually classified as whales, have significantly reduced their activity in terms of accumulation over the last 96 hours. Ali Martinez reported that investors holding at least 1 million DOGE have remained quiet within the period, with no significant spikes in buying or selling.

The decline in whale activity may result in reduced market liquidity and heightened uncertainty about DOGE’s short-term price trend. Since the market has remained robustly volatile in the past few weeks, a drop in whale participation may imply a strategic stance among big players.

Prior to the dormant whale activities, these major investors were observed carrying out massive sell-offs when DOGE’s price saw a sharp rebound from the $0.13 mark to $0.16 within hours. On April 9, the seasoned expert mentioned that whales offloaded more than 1.32 billion DOGE in the space of two days.

These substantial sell-offs from big investors sparked worries about the sustainability of the rally. It comes at a crucial time for the meme coin as it struggles to surpass key resistance levels and sustain an upward trajectory.

While the cohorts were selling, wallet addresses holding between 100,000 DOGE to 1 million DOGE were gradually buying the meme coin. In another post on X, Ali Martinez revealed that the whales acquired over 80 million Dogecoin within a day as DOGE attempts to recover from a prolonged downtrend.

Such accumulation during a brief price increase implies that these investors were capitalizing on the growth in anticipation of further gains. Furthermore, it reflects growing confidence and interest in the meme coin in spite of ongoing correction.

DOGE’s Price On The Brink Of A Major Upswing

Dogecoin whale activity may have dived down, but it does not essentially stop the asset’s price from growing. Delving into DOGE’s price action, crypto analyst Javon Marks has outlined a possible upward move to new all-time highs.

Javon Mark’s analysis is based on past bullish trends, which triggered notable surges to previous highs in 2017 and 2021. With the trend resurfacing, the expert believes Dogecoin is gearing up for “another magical bullish performance to new all-time highs.”

Should similar results in 2017 and 2021 unfold, the meme coin is likely to witness an upsurge of at least +200% to +300%, bringing its price to $0.73 and above.

Bitcoin is once again at a critical juncture as global tensions escalate and market volatility remains high. After weeks of uncertainty and price swings, BTC is trading above the $80,000 level, with bulls showing signs of renewed strength. However, the true challenge lies ahead—reclaiming the $90,000 mark to confirm a full recovery and signal a reversal of the recent downtrend.

As macroeconomic instability continues to shape investor sentiment, on-chain data offers a glimpse into Bitcoin’s underlying network behavior. According to new insights from CryptoQuant, the RVT Ratio 30DMA (Realized Value to Transaction Volume) is approaching a crucial threshold. This metric may signal that a large amount of capital is dormant rather than being used for transactions.

Historically, such conditions have aligned with accumulation phases, where long-term investors gradually increase their holdings during periods of market uncertainty. This potential shift toward accumulation suggests that many players may be positioning for the next leg up, despite the ongoing macroeconomic headwinds.

Bitcoin Nears Critical Resistance As Accumulation Signals Strengthen

Bitcoin is now trading 13% higher from its low last Wednesday, showing signs of momentum as it approaches a critical daily resistance zone. After weeks of intense selling pressure and market instability, BTC’s latest rebound suggests a possible shift in market sentiment. However, the broader picture remains clouded by global tensions, particularly the growing friction between the United States and China, and lingering macroeconomic uncertainty.

The Federal Reserve (FED) continues to walk a tightrope. With inflation slowly cooling and the US stock market displaying signs of instability, many analysts believe the FED may eventually be forced to lower interest rates to prevent an economic collapse. While a rate cut could provide a bullish backdrop for risk assets like Bitcoin, such a move may not come immediately, especially as geopolitical risks continue to escalate.

Amid this backdrop, on-chain metrics are starting to paint a more optimistic picture. CryptoQuant analyst Axel Adler shared insights, revealing that the RVT Ratio 30DMA—a key metric measuring realized value against transaction volume—is nearing a critical threshold of 22. Currently just 1.5 points away, a breach of this level would suggest a growing amount of capital is inactive on the network.

This behavior typically aligns with accumulation phases, where long-term holders accumulate positions while daily transaction activity remains subdued. If confirmed, it could point to increased confidence in Bitcoin’s long-term outlook and set the stage for a stronger recovery. As Bitcoin tests resistance levels, the combination of on-chain accumulation and shifting macroeconomic dynamics could become the fuel for the next major move.

BTC Price Faces Key Resistance at $85K

Bitcoin is currently trading just below the 200-day exponential moving average (EMA) at around $85,000, after briefly pushing above the critical $80K level earlier this week. This zone has now become a crucial battleground for bulls and bears. To confirm a true recovery and regain market confidence, bulls must push BTC above the 200-day EMA and reclaim the 200-day simple moving average (MA) near $87,500. These two technical levels have historically acted as confirmation points for long-term trend reversals.

However, even more critical is the $93,000 resistance area. Reclaiming this level would indicate that the recent drawdown was merely a correction within a broader bull cycle. Without a decisive move above $85K in the coming days, the risk of a deeper retracement increases significantly. Failing to hold current levels could send BTC tumbling back below the $81K support, which would reinforce bearish momentum and potentially trigger another wave of selling.

With global macroeconomic uncertainty and market volatility persisting, the next few sessions will be essential in determining Bitcoin’s short-term trajectory. All eyes are now on whether bulls can sustain this momentum—or whether the bears will regain control.

Featured image from Dall-E, chart from TradingView 

Solana’s price declined sharply to begin April, declining 60% from its all-time high of $294.33 in mid-January.

The sudden drop has raised concerns about the scalability and resilience of Solana, a leading meme coin ecosystem, and its native token $SOL, one of the top altcoins – but created an opportunity for Solaxy.

Is the latest plunge just another part of $SOL’s particularly volatile nature? Or are there deeper concerns resting beneath the surface?

Time for a closer analysis of $SOL’s performance, and a look at how Solaxy could be just the Layer-2 solution that Solana needs to succeed.

Solana’s Recent Challenges

In mid-January, $SOL reached an all-time high of $295.

By April 7, it briefly traded below $100 before recovering. It currently sits at roughly $133.

What caused the downturn? $SOL has seen wide swings before – the recent all-time-high was just barely higher than the previous one, which came two years earlier.

On the broader market front, Donald Trump’s escalating trade war continues to send shockwaves through the market. Broader economic uncertainties have impacted investor confidence, leading to sell-offs.

One of the major drivers in Solana’s success as a network was new meme coins. $BONK, back in 2022, helped to kick-start $SOL’s price surge. But increased trading and speculation can lead to congestion of the Solana mainnet, causing transaction delays and failures.

In addition, Solana’s relationship with meme coins has cooled decidedly. Trading volume on the popular meme coin launchpad Pump.fun fell dramatically in Q1 2025, from $3B in January to $170M in early March; it was a paltry $38M in early April.

Top top it all, Ethereum founder Vitalik Buterin criticized Pump.fun for bringing projects with little to no value, hurting blockchain’s ‘social philosophy.’

To solve its meme coin blues – and perhaps reverse the price plunge – Solana needs some fresh innovation in the ecosystem.

Solaxy: Improved Scalability on Solana’s First-Ever Layer-2

Solaxy ($SOLX) is Solana’s first true Layer-2 (L2) scaling solution, designed to address the network’s congestion and scalability challenges and reinvigorate its meme coin ecosystem.

Solaxy handles transactions off the main chain, alleviating congestion and enhancing throughput with a rollup architecture much like Ethereum’s L2s.

Even better, Solaxy supports a cross-chain infrastructure connecting Solana and Ethereum, blending the latter’s reliability and scalability with Solana’s speed and lower transaction fees.

The utility token for Solaxy, $SOLX, is currently in the presale stage. You can learn how to buy $SOLX with our guide, but don’t delay – the presale continues to gain steam rapidly. It just passed the $30M mark, with tokens priced at $0.001694.

Solaxy’s ability to deploy a sophisticated Layer-2 solution comes at an ideal time. Our own analysis indicates that, on the back of a successful presale, $SOLX token price could reach $0.032 by the end of 2025.

Visit the Solaxy presale page to learn more.

Continued Interest in Solana Supports Solaxy’s Development

Solaxy deployment could have great timing. Despite the recent losses, at least one company – Renover – plans to build a Solana reserve. They’ve been buying the dip, with a recent purchase of over $11M bringing their total $SOL holdings to over 83K tokens.

The company’s CEO, Joseph Onorati, explained the rationale behind the move. He called Solana the ‘foundation of a high-performance financial system’ and a key strategic asset.

Renover aims to raise a total of $42M to fund a Solana reserve for the company. It’s proof of the positive reputation Solana has as both a cryptocurrency and a blockchain ecosystem.

It’s worth remembering that US President Donald Trump also included $SOL in the planned US Digital Assets Stockpile alongside other best altcoins like $XRP and $ETH.

Short-term losses shouldn’t hinder Solana’s continued ecosystem growth, and Solaxy could be in a perfect position to accelerate that expansion.

The Potential Impact of Solaxy on Solana’s Ecosystem

Solaxy’s development comes at a critical time for Solana. By addressing the network’s scalability issues, Solaxy could play a pivotal role in restoring confidence and attracting new projects to the Solana ecosystem, making it one of the best crypto to buy now.

All the information provided here is just that – information. Do your own research before making any investment decisions; this is not financial advice.

Solaxy could position Solana as a more robust platform, capable of supporting a resurgence of meme coins and high-demand applications, including DeFi and NFT projects.

Dogecoin whales have chosen to stay on the sidelines as the market uncertainty heightens. Meanwhile, DOGE’s higher timeframe has formed, which indicates that a bullish reversal could be imminent for the foremost meme coin. 

Dogecoin Whales Wait On The Sidelines As HTF Support Forms

In an X post, crypto analyst Ali Martinez revealed that Dogecoin whales are choosing to wait on the sidelines at the moment. He stated that these whales have stayed quiet over the past 96 hours, with no notable spikes in buying or selling pressure. This development is likely due to the current market uncertainty, which has made risk assets like DOGE more volatile than usual.

The Dogecoin price alongside the broader crypto market surged on Saturday following reports that US President Donald Trump had exempted computers, phones, and chips from the tariffs. However, the US President debunked this report on Sunday, which quickly led to a crash in DOGE’s price and other crypto assets. 

However, crypto analyst Kingpin Crypto has suggested that now might be a great time to accumulate DOGE despite the current uncertainty. In an X post, he stated that Dogecoin’s chart is one of the best right now in terms of price, which is at a clear level of higher timeframe support. The analyst noted that the market structure is still bearish but added that the risk-to-reward ratio to short the meme coin at this current level is also “awful.”

KingpinCrypto also predicted that the Dogecoin price will fly once the price MSBs and forms a base. His accompanying chart showed that the foremost meme coin could bounce from the current support and rally above the psychological $0.2 price level. 

Crypto analyst Bitcoin Sensus also recently alluded to a bottoming formation, which was forming for Dogecoin. Based on this, the analyst predicted that the foremost meme coin could surge to as high as $0.24 in the short term. 

DOGE Is Breaking Out Of An Ascending Triangle

In an X post, crypto analyst Trader Tardigrade also provided a bullish outlook for the Dogecoin price, stating that it was breaking out of an ascending triangle. Based on this, the analyst also suggested that the foremost meme coin may have found its bottom. His accompanying chart showed that DOGE is looking to reach close to $0.2 on this breakout. 

In another X post, the analyst revealed Dogecoin’s MACD has recorded a bullish crossover on the 3-day chart. He indicated that DOGE was set to rally higher following this development. His accompanying chart showed that the meme coin could rally to as high as $0.65 between June and July. 

At the time of writing, the Dogecoin price is trading at around $0.16, down over 3% in the last 24 hours, according to data from CoinMarketCap.

On April 18, a hefty 40M of $TRUMP (worth $320M) will be unlocked, triggering sell-offs but also potentially revealing the next crypto to explode.

As a series of $TRUMP token unlocks hits the market, an extra 493K worth $4M will be released every day.

The $TRUMP Token Unlocks Might Trigger Sell-Offs

Industry observers anticipate increased selling pressure owing to the fact that the first batch of unlocked tokens will be given to team members at no cost. They’ll likely want to sell their tokens to realize a profit when the unlock occurs.

This wave of sell-offs could intensify downward pressure and create volatile short-term moves.

But the outlook isn’t all doom and gloom. When a significant token like $TRUMP faces enhanced selling pressure, investors often rotate their capital into other meme coins with stronger prospects.

Consequently, some of the best meme coins on presale could be the next crypto to explode during this volatile period. Let’s look at $BTCBULL, $SOLX, and $LCAI; some of the hottest contenders right now.

1. BTC Bull Token ($BTCBULL) – Stabilizes Its Supply With $BTC Airdrops & Ongoing Token Burns

$BTCBULL’s name says it all. It’s possibly one of the most bullish Bitcoin-based projects because it dishes out free $BTC every time the blueprint token breaks a new record – $100K, $150K, and $200K.

To top it off, you can anticipate free $BTCBULL airdrops when $BTC eventually hits its $250K milestone. For airdrop eligibility, there’s a slight catch. You must purchase $BTCBULL on the Best Wallet app.

As the world’s first crypto wallet to feature presale tokens, you can buy coins at their lowest prices before they attract mainstream attention. In fact, it has much to offer, as pinpointed in our Best Wallet review.

In stark contrast to $TRUMP, $BTCBULL burns or removes a percentage of its token supply instead of adding new tokens to the market. Fewer tokens in circulation makes them scarcer, which can lead to higher prices if demand stays the same or increases.

$BTC acts as a burn trigger. causing $BTCBULL to be removed when the OG coin hits $125K, $175K, and $225K.

Besides profiting from token airdrops and possibly deflationary price action, you can also stake $BTCBULL at an 89% APY. That means you can earn passive income simply by holding onto the token. Plus, you’ll help stabilize the Bitcoin Bull ecosystem.

Get behind BTC’s rise to $250k and beyond. Find out how to buy $BTCBULL on presale for just $0.00246. Our $BTCBULL price predictions see it reaching $0.00835 by this year’s end (a 239%+ uplift compared to its current price), so it’s prime buying time.

Solaxy ($SOLX) – Behind the First Ever Solana L2; Presale Just Hit $30M

Looking like the next crypto to explode is $SOLX. It’s accelerating rapidly, having just hit over $30M on presale!

Attracting the eyes of investors is its being the entry point to Solaxy, the world’s first Solana L2 network currently in development.

Despite Solana’s reputation for speed (50K tps), low cost, and scalability, its recent performance has faltered – especially during periods of high demand.

For example, when $TRUMP launched in January, the overwhelming 24-hour demand resulted in a $21.9B trading volume and triggered transaction failures across the network.

This is where Solaxy steps into the scene. Addressing Solana’s pain points, it aims to enhance the blockchain’s scalability and overall efficiency by bundling transactions onto a side chain.

Moreover, enabling cross-chain transfers between Solana and Ethereum will unlock greater liquidity and dApp opportunities. This includes DeFi platforms, NFT marketplaces, Web3 games, and easy access to the best crypto to buy now.

To keep you engaged before the L2 networks initiation, you can also stake $SOLX at a 135% APY.

Now’s an opportune time to buy $SOLX on presale for just $0.001694. This is especially true when considering the SOLX price is predicted to reach $0.032 before 2026 kicks off (a 3,100% increase compared to its initial $0.0010 valuation!).

You wouldn’t be the only one betting on the coin’s success. Less than 24 hours ago, two major whale buyers funneled $31K+ and $29K+ into the project, helping $SOLX to achieve its $30M+ raise.

3. Lightchain AI ($LCAI) – The Backbone of Fully Decentralized & Scalable AI Applications

$LCAI is the backbone of Lightchain AI, a decentralized ecosystem to support and accelerate AI development and applications.

Interestingly, it uses a novel consensus mechanism – Proof of Intelligence (PoI) – that rewards participants (nodes) for performing valuable AI computations. Such tasks include model training, interference, and optimization.

At the platform’s core is the Artificial Intelligence Virtual Machine (AIVM), a cutting-edge computational layer designed to facilitate hassle-free AI-specific tasks on the blockchain.

By purchasing $LCAI, you can access AI model training, the interface, and other machine-learning services held on the AIVM.

Moreover, you can partake in the PoI to earn rewards and contribute to the network’s security and overall efficiency.

You’ll also get governance rights to influence protocol updates and ecosystem development.

$LCAI is currently in its presale phase. Although the coin is yet to launch on exchanges, it’s already raised over $19M. One coin costs as little as $0.007125 and can be bought in exchange for $USDT or $ETH.

Suppose you’re conscious of blockchain technology’s environmental impact. In that case, you’ll be relieved to hear that Lightchain AI’s operations should be more sustainable by October 2025, when its energy-efficient system optimizations are planned.

$BTCBULL Token Burns Over $TRUMP Supply Surge

The meme coin market is bracing for turbulence as the $TRUMP token unlocks loom.

However, with volatility comes opportunity. $BTCBULL, $SOLX, and $LCAI could be the next crypto to explode as traders look for new options.

$BTCBULL, in particular, flips $TRUMP’s script. Instead of flooding the market with new tokens, it reduces its supply to capitalize on scarcity.

Still, this isn’t investment advice. You must always DYOR and beware that all crypto investments can be volatile and pose significant risks.

In an interview with Tony Edwards on the Thinking Crypto podcast, Bo Hines, Executive Director of the Presidential Council of Advisers for Digital Assets under President Donald Trump, laid out a detailed vision for US digital asset policy—warning that the global race for Bitcoin accumulation has already started and that the United States must act decisively if it hopes to remain the dominant force in the emerging financial order.

Bo Hines Outlines White House Bitcoin Vision

“The mining difficulty is going to increase around Bitcoin,” Hines stated, noting both the finite supply and the rising international competition for acquisition. “There is just a strategic long-term interest in accumulating as much as we can and doing it quickly before it becomes more expensive.” Hines was direct when asked how much Bitcoin the United States should hold. “That’s like asking how much gold do we want. We want as much as we can get,” he reiterated previous interviews, emphasizing that the objective is to acquire it in “budget neutral ways that don’t cost the taxpayer a dime.”

Under the Trump administration’s executive order on March 6, the Strategic Bitcoin Reserve (SBR) and the broader Digital Assets National Stockpile (DANS) were established. These initiatives, according to Hines, are not only symbolic but operationally significant. The SBR is designed to accumulate Bitcoin as a long-term sovereign asset, while DANS will give Treasury the flexibility to engage with other digital assets. “We view Bitcoin as digital gold,” he said. “It has the immaculate conception, as David [Sacks] likes to say, meaning there is no issuer and that’s intrinsic stored value.”

The Council, under the leadership of Hines and venture capitalist David Sacks, has positioned itself as a key interagency bridge between the White House, Capitol Hill, and industry stakeholders. Hines characterized the Biden-era digital asset policies as “lawfare” and regulatory obstructionism that forced innovators offshore. Now, he said, “our message to the folks that have gone offshore is: welcome home.” He cited the administration’s objective to make the US “the most crypto-friendly country in the world” as a driving force for legislative and regulatory acceleration.

That acceleration is already visible. “It would be a derelict of duty if we don’t get both market structure and stablecoin legislation on the President’s desk before the August recess,” Hines declared, referring to two major bills currently advancing in Congress. He praised the bipartisan momentum, highlighting the Senate Banking Committee’s 18–6 vote in favor of the GeniUS Act and ongoing House markups for its stablecoin counterpart. “This is the first time the chambers had come together and said, we’re going to make sure that we pass meaningful legislation,” he said, calling the bicameral working group on digital assets a “monumental step.”

The interview also revealed the White House’s confidence in industry expertise and the necessity of integrating traditional finance with digital asset infrastructure. “Industry does know best,” Hines said. “They live, breathe, and sleep this every day.” He confirmed that the Council has been in close contact with both TradFi incumbents and crypto-native startups, aiming to “build the bridge” between them. Hines hinted that this would become a key phase of policy once the legislative groundwork is laid and Operation Choke Point 2.0—referring to alleged debanking of crypto firms—is fully dismantled.

Hines also spoke candidly about stablecoins as a geopolitical lever. “Actors in other countries or citizens of other nations still want US dollars,” he said. Stablecoins, he argued, are essential tools to preserve dollar hegemony in a world where BRICS nations and adversarial powers are exploring dollar alternatives. He underscored the need for legislative clarity to ensure US-backed stablecoins serve this global demand.

When asked about government Bitcoin mining operations, Hines did not rule them out, but was careful to bracket such possibilities within the administration’s fiscal principles. “If it can fall under the framework of budget neutral, then I think all possibilities are on the table,” he said, though he emphasized that no such plans are currently being pursued.

The concept of blockchain being used in public sector applications—including government spending and voting—was also discussed. Hines acknowledged growing internal conversations about integrating blockchain for transparency purposes, aligning with comments from Elon Musk and other technologists. “I can think of many use cases… in which we could actually lift the veil on what’s happening with taxpayer money,” he said. “It’s something that can be implemented pretty quickly.”

Despite the urgency conveyed throughout the interview, Hines remained optimistic about the current alignment of institutional forces. “We have a President that’s finally working to accumulate assets for the American people rather than take assets away from them,” he said, crediting the administration’s early digital asset executive orders for mobilizing agencies to produce actionable frameworks. “We’re compiling recommendations and building a comprehensive report for the President about how we actually achieve the goals we’ve set out.”

As for whether the administration sees this technological transition as equivalent to past industrial revolutions, Hines didn’t hesitate. “We certainly do in our office, and the President certainly does,” he said. Drawing a parallel to the Internet boom, he noted that while consumers haven’t yet felt the full impact of blockchain technology in their daily lives, “that day is coming very soon.”

In short, the message from the White House is clear: The Bitcoin era is no longer a theoretical future—it is a competitive present. And in the words of Bo Hines, “We have a very unique opportunity in time… we need to capitalize on it and move very quickly.”

At press time, BTC traded at $84,587.

After cruising along at a fairly stable range, north of $6 per token, $OM – a top-100 token – plunged over 90%.

A token that had weathered much of the past month’s turmoil was undone by too much centralization, with token liquidations prompting the sudden collapse.

What happened to the $OM token? And how does the new crypto SUBBD Token ($SUBBD) avoid the same problem?

Centralized Exchange Liquidations Lead to OM Token’s Collapse

On April 13, MANTRA’s $OM token experienced a dramatic 90% drop, attributed to forced liquidations by centralized exchanges during low-liquidity hours.

John Patrick Mullin, CEO of MANTRA, stated that ‘reckless forced closures’ on centralized exchanges caused the OM token’s sharp decline.

He emphasized that neither the MANTRA team nor its investors were responsible, noting that all tokens remain locked per their vesting schedules.

The crash occurred during low-liquidity hours on a Sunday evening UTC, raising questions about the timing and discretion exercised by these exchanges.

While centralizing exchanges are critical partners for the success of projects like MANTRA, they operate with little accountability.

The incident has sparked a broader conversation about the need for decentralized solutions and underscores the systemic risks associated with centralized platforms.

Could decentralized, AI-powered platforms like SUBBD Token offer a more resilient alternative?

As Mullin responded in an X statement:

‘When discretionary powers are exercised without due internal and external oversight, dislocations like what recently happened can and will occur, hurting both projects and investors alike.’

For smaller platforms to succeed, decentralization needs to be an essential part.

SUBBD Token: A Decentralized, AI-Powered Platform for Creators and Fans

MANTRA exists to provide real-world-asset solutions with top-level security. SUBBD Token ($SUBBD) exists to empower digital content creators with advanced AI tools and new ways to interact with fans and with the blockchain itself.

Crucially, SUBBD prioritizes decentralization.

SUBBD eliminates intermediaries between content creators and fans, giving them full control, while the project’s strategic tokenomics model prevents the team from dumping tokens.

The ongoing presale gives investors a way to participate in one of the best new crypto projects directly, long before the $SUBBD token appears on any centralized exchanges.

$SUBBD token holders are at the heart of the SUBBD decentralized economy. Token benefits include:

• Access to premium, AI-enhanced content curated by top influencers.
• Staking rewards at a fixed 20% APY for the first year.
• Platform discounts on subscriptions and content purchases.
• AI-driven tools for content generation, including voice notes and video editing.

Like MANTRA, SUBBD Token carefully allocates its 1B token supply to avoid sudden disruptions.

With interest in the project growing, the SUBBD Token presale has already raised over $162K. Tokens are priced at $0.05515, set to increase steadily as the presale progresses. The project is poised to join the ranks of best AI coins set for growth in 2025, so now is the best time to buy $SUBBD as price predictions target $0.3 by year-end.

Visit the SUBBD Token presale page to learn more.

SUBBD Token Stands Out for Decentralization

What MANTRA does for RWAs, SUBBD will do for the $85B content creation market – only better.

The OM token incident highlighted the fragility of centralized systems. SUBBD Token’s decentralized approach offers a compelling alternative, especially for the large and growing subscription-based content industry.

By integrating AI and blockchain technology, SUBBD provides a platform where creators maintain control over their content and revenue streams.

However, never accept someone else’s analysis without doing your own research. Crypto is notoriously volatile, as MANTRA learned painfully in recent days.

The crypto community requires resilient and decentralized solutions to minimize the risk of drastic token devaluations like the one that impacted $OM. Despite market fluctuations, the best crypto to buy now are the ones that provide innovative answers to current problems.

SUBBD Token positions itself as a forward-thinking platform that addresses the shortcomings of centralized exchanges and platforms.

Cardano founder Charles Hoskinson delivered a new message to the community on April 12, declaring that the Cardano ecosystem has reached full decentralization while hinting at a potential step back from active involvement. In a livestream titled “See you on the other side”, Hoskinson reflected on a decade-long journey with Cardano, praised recent governance milestones, and announced plans for a perilous personal expedition.

Cardano Fully Decentralized, Hoskinson Steps Back Briefly

Speaking from his home office in Colorado following a trip to Paris, Hoskinson opened with a candid statement: “This time it’s to go somewhere to do something that is quite dangerous—so much so there is a possibility of death.” He characterized the livestream as a precaution, a chance to reflect on what has been built in the event something were to go wrong. While he reassured viewers that he expected to return safely, the tone of the address underscored a transition, both personal and professional.

The central focus of Hoskinson’s message was the formal maturation of Cardano’s governance infrastructure. After more than a decade of development, he asserted that Cardano has now entered a fully decentralized phase, citing recent constitutional and institutional advancements made possible under the Voltaire governance framework. “We have passed a constitution both through a constitutional convention and an on-chain ratification,” he said. “We have passed an info action approving a roadmap. There are almost a thousand DREs [Delegated Representative Entities] registered and an interesting distribution of power amongst them.”

These milestones mark a significant shift for Cardano, effectively transferring decision-making authority from the founding entities to the broader community. A transitional constitutional committee—partially elected—is currently in place, with fully democratic elections scheduled for later in the year. Budget reconciliation among DRAPs (Delegated Representative Action Plans) is ongoing and expected to conclude within the next 60 to 90 days.

Hoskinson emphasized the significance of this structural shift: “I wanted to build something where I could spend my entire life working on it, but I didn’t want to be a dictator or a king.” He likened Cardano’s trajectory to Bitcoin’s early evolution, referencing Satoshi Nakamoto’s departure from Bitcoin development as a precedent for decentralized growth.

The founder also praised the ecosystem’s increasing technical plurality, highlighting the recent node diversity workshop in Paris. There, he met with teams from Pragma, TXPipe, Blink Labs, and Harmonic—independent development groups contributing alternative node implementations to strengthen the protocol’s resilience. “It was really impressive to spend some time with them and see them,” he said. “The end result of those conversations is basically an assurance that we will have multiple independent implementations by independent teams in the Cardano ecosystem.”

In a notable moment of cross-chain collaboration, Hoskinson mentioned that even members of the Ethereum community were present at the workshop to discuss interoperability and client diversity. This broader dialogue reflects Cardano’s ambition to move beyond its insular beginnings and into a more heterogeneous blockchain environment.

While affirming Input Output Global (IOG)’s continued presence in the ecosystem, Hoskinson made clear that the organization’s prominence would now be subject to the will of the community: “You ultimately get to decide how prominent that role is […] whether it be involved in core infrastructure or simply building on top of the protocol.”

A New Era

Hoskinson also discussed the growing enthusiasm around Midnight, a new privacy-oriented blockchain protocol under the Cardano umbrella, describing it as a potential gateway for “millions of users” into the ecosystem. He portrayed hybrid applications—bridging Bitcoin, Ethereum, Solana, and Cardano to Midnight—as a promising direction for the space.

Amid these technical updates, Hoskinson’s remarks turned reflective and philosophical. At 37, he noted that he now finds himself at a liminal point—not young, not old—and is increasingly seeking fulfillment outside the crypto sphere. “I’ve been chained down for the last decade,” he admitted, referencing his ventures into ranching, synthetic biology, and even fringe endeavors like the “alien salvage expedition in Papua New Guinea.”

This upcoming venture, however, stands out in its severity. Although he declined to specify its nature, he admitted that it’s “one of the most challenging things I’ve ever done in my entire life,” and that it has been in preparation for over a year. “If I survive—which is very likely—I will record it and put it up on Twitter when I return,” he said.

Hoskinson framed the journey as both a personal test and a necessary mental reset before entering the “long brutal march” of the next Cardano era, citing Midnight, Hydra scalability, Minotaur’s AVS (Active Validator Set) ambitions, and the roadmap’s transition to full realization. “Cardano’s roadmap is the best it’s ever been,” he asserted, referencing the system’s emerging functionality as a Bitcoin DeFi platform and its commitment to scalable governance.

Yet behind the achievements lies a sense of fatigue with the broader crypto industry. Hoskinson expressed disenchantment with the market’s narrow focus on price movement at the expense of innovation and impact. “Every accomplishment doesn’t matter ]…] everything is chained to whether the price goes up or the price goes down. You have no idea how thoroughly boring that has become.”

He concluded with a reaffirmation of Cardano’s resilience and a tacit acknowledgment that his role may soon evolve. “Cardano, like Bitcoin before it, is durable. It’s here to stay. All elements of centralization have been removed… that was my life’s work, and I’m proud of that.”

At press time, ADA traded at $0.6452.

Back in 2021, the Dogecoin price reached its $0.7376 all-time high after having a legendary run spurred on by billionaire Elon Musk shilling the meme coin on X (formerly Twitter). At the time, the meme coin hit this peak price after touching an $80 billion market cap. However, things have changed since then and due to the inflationary nature of Dogecoin, hitting this market cp again would not see it hit this peak price again.

Dogecoin Supply Rises By 40% In 3 Years

Unlike Bitcoin, the Dogecoin supply is designed in a way that it is infinite. This means that that there is an endless supply of DOGE tokens to be mined, and this comes back to the fact that the altcoin was created as a joke. So, over the years, the supply has continued to rise as mining has continued.

Back in 2021, the total circulating Dogecoin supply was a little above 108 billion when it hit its $0.7376 all-time high. This put the market cap at all-time high at just a little over $80 billion. Fast forward to 2025 and the DOGE circulating supply has risen steadily risen, recording an over 40% increase in the past three years. At the time of writing, the Dogecoin supply is sitting at 148.83 billion DOGE.

With this increase in supply, it means that the Dogecoin market cap would have to be significantly higher for it to reach the same $0.7376 peak from 2021. Using the current circulating supply and multiplying it by the all-time high price, the market cap would have to hit approximately $110 billion to reach the same highs from 2021.

Furthermore, as already explained above, the DOGE supply is designed to keep increasing and miners receive more rewards from their activities. This means that the market cap that DOGE would have to reach to clock its previous highs will continue to rise with the passage of time.

DOGE Price Hitting $1 At $148 Billion

For this cycle, the major target for the Dogecoin price has been the $1 target, but so far, the meme coin has only managed to go halfway to $0.5 before being pulled down by the market crash. This expectation has been spurred by major developments for the altcoin such as the launch of a potential Dogecoin ETF.

AI predictions have also become increasingly popular and once of those if the Grok AI prediction that the Dogecoin price will likely hit $1 in 2026. But interestingly, the CoinCodex algorithm predicts that the Dogecoin price will not hit $1 until 2029, giving another 3-year runway of low price expectations.

Featured image from Dall.E, chart from TradingView.com

Binance co-founder Changpeng “CZ” Zhao has refuted claims that he agreed to testify against TRON founder Justin Sun as part of the settlement terms in his deal with the United States Department of Justice.

‘WSJ Is Really Trying Here’ – Binance Co-Founder

According to an April 11 report by the Wall Street Journal, CZ agreed to provide evidence against Sun as part of his plea deal with the US Justice department. Citing unnamed sources, the WSJ also alleged that Binance executives are lobbying the US Treasury to reduce its oversight of the exchange’s operations.

In a post on the social media platform X, CZ wrote that the “WSJ is really TRYING here,” downplaying the claims made in the report. According to the Binance co-founder, he wouldn’t have served any jail time, assuming he indeed became a government witness and provided information on Sun.

Zhao knew the report was coming, as he already indicated that the “WSJ is writing another baseless hit piece” in an April 11 post on X. In the latest post, CZ reiterated his belief about the report being artificially motivated, claiming someone paid the Wall Street Journal to lead a smear campaign against him. 

In a response to BlockTower Capital founder Ari Paul, CZ clarified the charges brought against him by the DoJ.

Zhao said: 

To be clear, there were NO “money laundering” or “fraud” charges. You are confusing “ANTI-money laundering” to “money laundering”. One is a failure to prevent/police. One is doing it yourself. Two very different things.

CZ was sentenced to four months in prison in April 2024 after pleading guilty to Anti-Money Laundering (AML) violations as Binance CEO. The co-founder was released from US federal prison in September 2024 and has since been involved in other endeavors in and outside the cryptocurrency industry.

Justin Sun Downplays CZ Plea Deal Rumor

In a post on X, Sun tried to play down WSJ’s allegations against CZ, saying he is not aware of the circulating rumors. “CZ is both my mentor and a close friend—he has played a crucial role in supporting me during my entrepreneurial journey,” the TRON founder said.

Sun also maintained that he has a direct and honest communication line with both CZ and the US Department of Justice. He highlighted this by mentioning that the DoJ is one of the closest and most trusted partners of T3 Financial Crime Unit (T3 FCU) — a blockchain security initiative co-founded by TRON, Tether, and TRM Labs.

US-based spot Bitcoin ETFs (exchange-traded funds) have not been left out of the escalating trade tensions between the United States and China, as they have witnessed significant withdrawals over the past few days. Due to the ongoing trade war, US investors appear to be moving away from risk assets like digital assets and crypto-based financial products.

Spot Bitcoin ETFs Extend Negative Outflow Streak To Seven Days

According to the latest market data, the spot Bitcoin ETFs witnessed a significant $713 million in total net outflow over the past week. This negative streak of capital outflows suggests a worsening climate and declining appetite for crypto exchange-traded products among United States investors.

Data from SoSoValue shows that the US-based spot Bitcoin exchange-traded registered a daily total net outflow of $1.03 million on Friday, April 11. This round of withdrawals represented the seventh consecutive day of net outflow for the crypto-based financial products.

Interestingly, most spot Bitcoin ETFs, including BlackRock’s IBIT (the largest BTC exchange-traded fund by net assets), recorded zero netflow to close the week. ARK 21Shares Bitcoin ETF (with the ticker ARKB) and Bitwise Bitcoin ETF (with the ticker BITB) were the only funds that witnessed any activity on Friday.

ARK 21Shares Bitcoin ETF saw a total inflow of $11.28 million on Friday, ending its six-day capital drought. Bitwise’s BTC exchange-traded fund, on the other hand, registered a total withdrawal of $12.31 million to close the past trading week.

As earlier mentioned, this latest round of capital withdrawals stretched the US Bitcoin ETFs’ negative streak to seven straight days of cumulative outflows. Moreover, this single-day performance brought the exchange-traded products’ weekly record to a disappointing $713 million in total net outflow.

The recent woeful performance of the spot Bitcoin ETFs can be associated with the growing uncertainty in the global financial markets, as the United States and China become embroiled in a trade war. This instability seems to be impacting other US-based crypto products, including the spot Ether ETFs.

According to data from SoSoValue, the Ethereum spot exchange-traded funds experienced a total net outflow of $29.1981 million on Friday. This negative flow of capital represented the crypto products’ fourth consecutive day of net outflows.

Bitcoin Price At A Glance

Similarly, the price of Bitcoin crumbled under the uncertain conditions of the market, falling to around $74,000 to start the past week. However, the premier cryptocurrency recovered above $83,000 after United States President Donald Trump paused tariffs on imports from other countries except China.

Bitcoin has reacted further positively to other trade news, including President Trump’s exemption of computer gadgets, smartphones, and chips from new tariffs. As of this writing, the price of BTC sits just above $85,000, reflecting an almost 2% jump in the past 24 hours.

New York lawmaker Clyde Vanel has introduced a legislative bill that would allow state agencies to accept cryptocurrency as a form of payment. This move marks the latest development in the US’s favorable approach towards the crypto industry following President Donald Trump’s inauguration in January.

New York Bill Seeks To Adopt BTC, ETH, LTC And BCH As Legal Payment Options

According to data from the New York Senate, the legislative bill A7788 sponsored by legislator Vanel aims to amend the state finance law and authorize state agencies to accept payments in cryptocurrency from all entities including individuals, partnerships, or corporations. Based on the text of the bill, the cryptocurrencies selected for such payments include but are not limited to Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). If approved by the New York Senate, state agencies can accept these assets for the settlement of fines, civil penalties, rent, rate, tax, fees, charges, and revenue amongst other financial obligations. Notably, the bill also permits New York state agencies to impose a fee to cover any additional costs in processing these cryptocurrency payments such as gas fees or transactional fees on an exchange. At the time of writing, the bill is now under review by the In Assembly Committee, where it can be debated, amended, rejected, or approved for voting on the Senate floor. Interestingly, this bill marks the second crypto-related legislation introduced by Assemblyman Vanel in the past week. On April 8, the democrat representing the New York 33rd district submitted Assembly Bill A7716 which proposes the study and evaluation of the use of potential use of blockchain technology in protecting voters’ records and election results.

The US Crypto Evolution Continues

Following the regime change in January, the US government across all levels has increased its interest in the cryptocurrency industry. Notably, at least eighteen states are actively reviewing bills that propose the fund allocation to set up a Bitcoin reserve after US President Donald Trump signed an executive order in March to establish a National Bitcoin Reserve. Beyond legislative efforts, national agencies including the Securities and Exchange Commission (SEC), and the Federal Deposit Insurance Corporation (FDIC) have also adopted a more embracive approach aimed at spurring the growth of the digital asset space while protecting users’ interests. In line with this shift, the SEC has notably dropped several high-profile legal cases against key crypto industry players including  Ripple, Coinbase, and Gemini while creating a task force to draft an appropriate regulatory framework for digital assets.  At the time of writing, the total crypto market is now valued at $2.66 trillion following a 0.49% decline in the past 24 hours. 

Bitcoin (BTC) has moved to reclaim the $86,000 price level following a 2.65% gain in the last 24 hours. Notably, the premier cryptocurrency has maintained a bullish form over the past few rising by over 15% since retesting the $74,000 rice zone. Amid a potential resumption of the broader bull rally, prominent crypto analyst Burak Kesmeci has highlighted notable developments in Bitcoin short-term holders MVRV (Market Value to Realized Value) ratio.

Bitcoin Market Recovery Awaits Final Signal: Analyst

In a new post on X, Kesmeci explains that Bitcoin is showing early signs of a market recovery following recent developments in the Bitcoin MVRV for short-term investors. For context, the MVRV measures investors’ profitability by comparing the market value of an asset to the price at which it was acquired.  An MVRV score below 1.00 indicates that the average holder is at a loss, while a score above 1.00 suggests profit. The MVRV for Bitcoin short-term holders i.e. addresses that have held Bitcoin for less than 155 days, is particularly important as this cohort of investors is usually the most reactive to price changes. Notably, the STH MVRV provides insight into market sentiment and potential price direction.

According to Kesmeci, the Bitcoin STH MVRV is now at 0.90, close to a profit level above 1.00. The STH MVRV had hit 0.82 amidst the recent “tax tariff poker” crisis, ignited by international tariff changes by the US government. Notably, this decline falls lower than levels seen during the Japan-based carry trade crisis on August 5, 2024, when STH MVRV dipped to 0.83. Over the last few days, the STH MVRV has climbed to 0.90 in line with the resurgence of BTC prices However, Kesmeci warns that Bitcoin must still cross 1.00 to confirm the potential for any significant price gains for short-term investors. Albeit, the rise from 0.82 to 0.90 remains a positive development that indicates an ongoing shift in market sentiment.

BTC Price Outlook

At press time, Bitcoin is trading at $85,390 following a slight price retracement in the past few hours. Amidst recent daily gains, the premier cryptocurrency is up by 2.11% on its weekly chart and 4.33% on the monthly chart as bullish momentum continues to build among investors. However, market bulls must offset the 38.98% decline in daily trading volume if the present uptrend must persist. Notably, BTC investors should expect to face ample resistance at the $88,000 price zone which has acted as a strong price barrier in previous times. Meanwhile, in the advent of any price fall, the immediate price support lies around $79,000.

Bitcoin is now trading above the $85,000 mark following an impressive rally that began on Wednesday after US President Donald Trump announced a 90-day pause on reciprocal tariffs for all countries except China. The announcement injected a wave of optimism across financial markets, helping to ease investor fears and ignite fresh momentum in the crypto space. Since then, BTC has surged more than 15%, marking one of its strongest short-term recoveries in recent weeks.

Market sentiment has shifted quickly as buyers step back in, and Bitcoin’s strength above key technical levels suggests growing confidence among traders. However, beneath the surface, there are signs that caution is warranted. According to new insights from CryptoQuant, this rally appears to be driven in large part by leverage. Analysts warn that a leverage-driven pump is underway, not just in Bitcoin, but also across major altcoins, which could introduce heightened volatility in the coming sessions.

While the recent bounce has revived bullish hopes, the reliance on leveraged positions could leave the market vulnerable to sharp reversals. Whether this momentum can be sustained or leads to another round of liquidations remains the key question in the days ahead.

Bitcoin Faces Critical Test Amid Leverage-Driven Rally

Bitcoin is now facing a critical test as bulls attempt to reclaim the $90,000 level, a key threshold that could confirm a recovery rally and signal the end of the recent downtrend. After weeks of relentless selling pressure and macroeconomic uncertainty, Bitcoin has bounced strongly from sub-$75K levels, now trading just above $85K. Yet despite this impressive rebound, the broader market remains on edge.

Global tensions, particularly those surrounding US trade policy and the risk of a broader economic slowdown, continue to inject volatility into financial markets. Bitcoin, often seen as a high-risk asset, remains 22% down from its all-time highs as it attempts to rebuild momentum. While bulls are showing signs of strength, concerns are mounting that the recent surge may not be entirely organic.

Top analyst Maartunn shared on X that this latest move appears to be a leverage-driven pump. His data shows a significant uptick in Bitcoin’s Open Interest alongside the price surge — a signal that leveraged positions are fueling the rally. According to Maartun, this behavior is not isolated to Bitcoin. Ethereum (ETH) and Ripple (XRP) are also showing similar leverage-driven characteristics.

This trend introduces the risk of sharp corrections if positions are unwound suddenly. With funding rates and open interest climbing across major assets, the next few days will be crucial. If bulls can push BTC above $90K and sustain momentum, the recovery may continue. But failure to break this resistance — combined with excessive leverage — could lead to another round of long liquidations and renewed selling pressure.

Testing Key Technical Levels Amid Recovery Attempt

Bitcoin is currently trading at $84,900 as bulls test a major technical milestone: the 200-day Exponential Moving Average (EMA). Just above lies the 200-day Simple Moving Average (SMA) near $87,300, placing BTC less than 3% away from breaking through both critical resistance zones. These indicators often serve as long-term trend signals, and reclaiming them would strengthen the case for a full recovery rally.

If bulls manage to push the price above the recent local high at $88,800, it could confirm a short-term trend reversal and open the path toward $94K and beyond. Momentum is building following a 15% surge over the past few days, supported in part by macroeconomic relief, including a 90-day pause on US tariffs.

However, risks remain. Failing to hold the $82K support level would be a bearish signal, likely triggering increased selling pressure. A decisive move below $82K could drag BTC back under $80K, erasing recent gains and placing bulls on the defensive once again. With volatility still elevated and market sentiment mixed, the coming days will be crucial in determining whether BTC can sustain this upward momentum or face renewed downside.

Featured image from Dall-E, chart from TradingView