Author: Yeek.io
Shiba Inu is nearing a local technical bear market after falling by over 17% from its highest point this month. Shiba Inu (SHIB) was trading at $0.000014 on Sunday, with its 24-hour volume dwindling to $158 million. This volume is much lower than that of other popular meme coins like Dogecoin (DOGE), Pepe (PEPE), Official Trump (TRUMP), and Bonk (BONK). The underperformance is happening because of the ongoing whale and mart money selling and falling burn rate. ShibBurn data shows that the daily burn rate crashed by 85% to 2.14 million. Its weekly burn rate also dropped, with the biggest…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is trading around $2,500 after failing to reclaim the $2,700 level during the week. Despite the rejection, market sentiment remains cautiously optimistic, with many analysts viewing the recent pullback as part of a healthy consolidation phase. After weeks of volatile swings, ETH appears to be stabilizing above key support levels, potentially setting the stage for a stronger breakout in the weeks ahead. Top analyst Ted Pillows shared a technical outlook suggesting that Ethereum may be forming an inverse head and shoulders pattern on the 12-hour chart—a…
Dogecoin maintained its crucial $0.20 support, showing resilience despite broader market weakness. Key technical indicators are worth watching for confirmation of a sustained move higher. Dogecoin [DOGE] is stubbornly holding above the crucial $0.20 support level, even as the broader market sheds risk. This resilience hints that buyers are stepping in strong, potentially turning this zone into a solid floor. With risk-on sentiment likely to re-emerge, is DOGE primed for a potential retest of $0.30 resistance? Why $0.20 is a make-or-break level for Dogecoin DOGE’s daily chart is showing some classic setups. Historically, when Dogecoin consolidates in a tight two-week…
Memecoins lost 7.5% in market cap as Bitcoin fell 4.5%, dragging sentiment down sharply. DOJ probe into Trump’s crypto dinner triggered market-wide panic and $598M in total liquidations. Bitcoin’s [BTC] 4.5% drop earlier today didn’t just drag the broader market—it wrecked memecoins. The meme sector’s market cap fell 7.5%, while trading volumes tanked by 10.35%, according to data reviewed by AMBCrypto. And that wasn’t all. Massive selloff in memecoins Amid this, Pepe [PEPE], Official Trump [TRUMP], dogwifhat [WIF], and Floki [FLOKI] were among the hardest hit, recording price declines of 11%, 9%, 12.5%, and 9.5%, respectively, during the same period.…
Pepe price retreated on Saturday, May 24, mirroring the performance of Bitcoin and other altcoins. Pepe (PEPE), the second-biggest Ethereum (ETH) meme coin, dropped to $0.000014, down by 14% from its highest point this week. The retreat happened as market risks increased on Friday following Donald Trump’s threat to impose higher tariffs on European goods and Apple products. Subsequently, the market capitalization of all cryptocurrencies dropped from over $3.5 trillion on Friday to $3.4 trillion on Saturday. Pepe has also retreated as on-chain data shows that the supply held by whales continued falling this week. Santiment data shows that whales…
Ethereum price rally has stalled in the past 15 days, but Polymarket traders and technicals point to more upside in the coming weeks. Ethereum (ETH) traded at $2,550 on Saturday, a few points below this month’s high of $2,735. It has jumped 85% from its lowest level this year. Most Polymarket traders believe that ETH price will jump to $4,000 in 2025. A poll shows that the odds of this happening have risen to 40% from last month’s low of 16%. These odds are at their highest level since March 1. Moving to $4,000 would imply a 60% surge from…
Maple Finance’s token continued its strong rally on Saturday as the total value locked in its platform and whale accumulation soared. Maple (SYRUP) price soared to a high of $0.42 on Saturday, its highest level since November last year. It is one of the best-performing cryptocurrencies this year after soaring by 405% from its March lows. SYRUP price has jumped as third-party data shows that the total funds locked in its ecosystem rose to a record high of over $1.39 billion. This is a strong performance since it started the year with $290 million in assets. It had a TVL…
AAVE token price has already jumped by over 132% from its lowest level in April, and a rare technical formation points to another 50% surge. AAVE (AAVE), the biggest player in decentralized finance, continued doing well this week as the total assets in its network jumped to a record high. According to its website, the total market size on Ethereum has soared to $33.5 billion, with those borrowed being $13 billion. The funds available to borrow have jumped to $20.45 billion. AAVE has also been growing in other chains, like Base, Sonic, and Arbitrum. Its total market size on the…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. In a macro-focused interview with the Bankless podcast, Arthur Hayes, the former BitMEX CEO and current Maelstrom CIO, laid out his bullish thesis on Ethereum, arguing that a move to $10,000 or even $15,000 is a realistic outcome as…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum net flows have been mostly negative for the last week, and a continuation of this suggests bullish momentum is building up for the price. These figures show how much buying and selling could’ve been going on and how investors are…