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Chainlink (LINK) has come under intense pressure, shedding more than 33% of its value since hitting local highs in May. The combination of escalating Middle East tensions and growing macroeconomic uncertainty—fueled by rising US Treasury yields and a cautious Federal Reserve—has shaken investor confidence across crypto markets. In this environment, bulls have lost control of LINK’s trend, and the price now searches for a solid support base.

Adding to the pressure, fresh on-chain data from Lookonchain reveals that noncirculating supply wallets associated with Chainlink deposited 17.875 million LINK—worth approximately $149 million—into Binance earlier today. This large inflow to a centralized exchange raises concerns about potential selling activity and has further weighed on market sentiment. Historically, Chainlink’s unlocks have often triggered volatile price action. While some of these events have preceded price rallies, current market conditions make any bullish response uncertain.

The market is now closely watching how LINK will behave near critical support levels as the token battles both technical weakness and a challenging macro backdrop. Whether accumulation resumes or downside pressure intensifies will depend on how global risk appetite and on-chain behavior evolve in the coming days.

Chainlink Faces Critical Support Test Amid Market Pressure

Chainlink continues to build fundamental strength through key partnerships and steady development, even as global tensions and macroeconomic instability weigh heavily on altcoin markets. With growing adoption across traditional finance and Web3 infrastructure, LINK’s long-term outlook remains robust. However, short-term price action tells a different story. Since peaking in May, Chainlink has seen a steep retracement, now down over 33%, and must defend current levels to avoid triggering a deeper correction.

Against the backdrop of escalating Middle East conflict and tightening financial conditions, most altcoins have lost ground relative to Bitcoin, and LINK has been no exception. Bitcoin dominance recently hit new highs, siphoning capital away from smaller-cap assets. As a result, Chainlink bulls are under pressure to protect key support levels and prevent further erosion of momentum.

Adding to investor anxiety, Lookonchain data shows that Chainlink non-circulating supply wallets transferred 17.875 million LINK—valued at roughly $149 million—to Binance earlier today. These movements raise concerns of possible selling pressure. However, historical data provides some optimism. Chainlink has conducted 11 major unlocks in the past, and many were followed by price increases as liquidity was absorbed and demand recovered.

LINK Price Analysis: Breakdown Extends As Support Levels Crumble

Chainlink (LINK) is currently trading near $11.98 after breaking below key support zones that had previously held throughout Q2 2025. The daily chart clearly shows a persistent downtrend since mid-May, marked by a series of lower highs and lower lows. LINK has now lost over 33% since its May peak near $18, and the most recent candle confirms a clean breakdown below the $12 psychological level.

The 50-day, 100-day, and 200-day simple moving averages (SMAs) are all positioned above the current price, reflecting a strong bearish momentum. The 50-day SMA recently crossed below the 100-day SMA, reinforcing short-term weakness. Moreover, LINK is now trading at levels not seen since early November 2024, exposing the asset to further downside risk if no strong demand emerges soon.

This technical deterioration comes as Lookonchain data reveals that 17.875 million LINK (worth $149M) from noncirculating wallets was deposited into Binance—fueling fears of further selling pressure. While historically many unlock events were followed by recoveries, the current macroeconomic environment, combined with Bitcoin dominance surging and altcoins underperforming, may delay any bounce.

Featured image from Dall-E, chart from TradingView

In an interesting development, China has now injected RMB 161.2 billion ($22.4 billion) into its economy in a move that could have global financial ripple effects. This event comes amidst an ongoing extensive correction in the crypto market that has sparked speculations on the viability of the current bull market run.

Crypto Market Set For Rebound As China Restarts Money Supply Growth 

In an Open Market Operations announcement on June 20, the People’s Bank of China (PBOC) stated intentions to inject RMB 161.2 billion into the economy through a seven-day reverse repo operations at a 1.40% interest rate. For context, reverse repos are short-term liquidity tools in which the central bank purchases securities from commercial banks with an agreement to sell them back at a later date, thereby temporarily boosting liquidity in the banking system. Interestingly, this latest injection is part of a broader monetary easing trend observed in China’s recent policy stance. Notably, on May 7, the PBOC implemented a 0.5 percentage point reduction in the reserve requirement ratio (RRR), a move that freed up approximately RMB 1 trillion ($138 billion) in long-term liquidity, effectively coinciding with a Bitcoin price surge above $97,000 on that day and new all-time high a few weeks after.

However, unlike the RRR cut which had more enduring liquidity implications, the latest RMB 161.2 billion injection via reverse repo is designed for short-term liquidity management. Nevertheless, popular crypto analyst and key opinion leader Ted Pillows explains it is a strong indicator that China’s M2 money supply is now trending upward again after peaking in Q1 2025. Generally, an increase in M2 signals expanding liquidity, often viewed as a long-term bullish indicator for both traditional and digital asset markets. Considering the ongoing crypto market correction, China’s latest monetary intervention is a positive signal reinforcing the potential of bullish resurgence in the coming weeks.

US Fed To Follow Suit?

Following the recent announcement by the PBOC, speculation is mounting over whether the US Federal Reserve might adopt similar liquidity-boosting measures. However, according to a report by Scotsman Guide, analysts at Wells Fargo predict that the Fed is likely to maintain its quantitative tightening stance throughout 2025. At press time, the total crypto market cap is worth $3.14 trillion following a 1.48% decrease in the past day. Daily trading volume has also dropped to $94.96 billion. Meanwhile, Bitcoin, the market leader, is currently valued at $102,784 reflecting losses of 0.74% and 3.39% on the daily and weekly chart respectively. 

Markets just got rattled. After Trump ordered airstrikes on Iran’s nuclear sites, crypto took a tumble.

XRP slid nearly 16% in the last month, dipping from around $2.47 to $2.04 amid panic across the market.

Meanwhile, $595M in bullish bets were wiped out during the crash, as U.S. military action triggered massive liquidations across Bitcoin, Ether and major altcoins.

In times like these, meme coins and high-risk tokens can either crater or skyrocket – all depending on where investors place their bets.

With volatility spiking, crypto presales and speculative coins have the chance to steal the spotlight. Here are three new crypto projects worth watching right now.

Markets in Turmoil as U.S. Airstrikes Rock Iran and Crypto Alike

First, let’s unpack what just happened. On June 21, President Trump ordered precision airstrikes on Iran’s nuclear facilities at Fordow, Natanz, and Isfahan.

The attack followed escalating tensions in the Gulf, with U.S. officials citing renewed nuclear enrichment activity and regional security threats.

Within hours, markets reacted. Oil prices spiked, gold jumped, and crypto – known for its volatility – saw sharp red across the board.

XRP, a major altcoin, continued its month-long slide, nearing the $2 mark.

More importantly, the fear-driven selloff triggered a wave of forced liquidations: over 172K leveraged traders were wiped out in 24 hours, erasing $595M in bullish crypto bets. Bitcoin and Ethereum dropped several percent before recovering slightly, showing just how sensitive the market is to geopolitical shocks.

Now, with traditional coins reeling, attention is turning to speculative assets, as traders hunt for narrative-driven rebound plays that could outpace the majors.

1. Solaxy ($SOLX) – The First Solana Layer 2 Is Built for Speed

Solaxy ($SOLX) is the first-ever Layer 2 built on Solana, created to solve the exact issues that have plagued the network for years: congestion, failed transactions, and limited scalability.

By enhancing Solana’s already blazing speed and combining it with the vast liquidity of Ethereum, Solaxy delivers a multichain solution that’s fast, reliable, and ready for the next generation of DeFi and meme coins.

$SOLX is the native token of the Solaxy blockchain and will live on both Ethereum and Solana, giving users seamless access to the most powerful ecosystems in crypto.

With tools that democratize high-frequency meme coin trading, putting sniper bot precision into the hands of regular traders. Solaxy levels the playing field in explosive new markets.

$SOLX is currently priced at $0.001766 with $56M raised in presale. And today is the last day to buy the token at this price before the token launch.

As crypto reels from Trump’s airstrikes, Solaxy offers the kind of speed and stability that traders are desperate for right now.

2. BTC Bull Token ($BTCBULL) – The Meme Coin That Actually Pays You in Bitcoin

BTC Bull Token ($BTCBULL) isn’t your average meme coin – it’s a full-throttle, community-driven ride built to chase Bitcoin’s legendary climb to $1M.

While most meme coins trade on hype alone, $BTCBULL brings real rewards to the table. As Bitcoin hits major price milestones (like $150K, or $200K), $BTCBULL holders earn actual Bitcoin straight to their wallets. Just remember that you need to buy and hold the token in Best Wallet in order to receive Bitcoin airdrops.

No complex BRC-20s, no fuss – just link up with Best Wallet and get rewarded in the king of crypto.

$BTCBULL also uses milestone-based burns to reduce token supply as Bitcoin rises, turning every new all-time high into a catalyst for $BTCBULL’s scarcity and value.

Think of it as a turbocharged meme coin strapped to Bitcoin’s moon mission.

Right now, you can buy $BTCBULL for just $0.002575, with $7.2M raised in presale. It’s the only meme project that fuses $BTC’s long-term strength with community-powered upside.

As markets wobble from Trump’s Iran airstrikes, $BTCBULL offers a rare blend: meme-fueled energy plus real Bitcoin rewards when the rebound kicks in.

3. Little Pepe ($LILPEPE) – Meme Culture Meets Layer‑2 Performance

Little Pepe ($LILPEPE) is the first meme‑coin built on its own EVM-compatible Layer‑2 blockchain, recently launched to solve Ethereum’s gas pain and congestion for meme projects.

It’s like a custom racing strip just for meme traders – zero buy/sell tax, ultra‑low fees, sniper‑bot protections, and blazing-fast transactions.

Its native token, $LILPEPE, fuels governance, transaction fees, staking rewards, and access to ‘Pepe’s Pump Pad,’ a launchpad for safe meme‑coin drops.

The presale has raised $1.7M so far, and current price sits at $0.0012 per token. Stage 1 was sold out in 72 hours, and Stage 2 filled fast – underscoring strong community demand.

With audit-backed smart contracts and a roadmap that includes centralized listings and Layer‑2 rollouts, Little Pepe blends meme hype with real infrastructure. Perfect timing as traders search for safe, narrative-driven plays in the post‑crash shake‑out.

Big Moves, Bigger Risks

Looking to ride the market rebound? Solaxy brings the speed and scalability traders need, BTC Bull Token delivers meme-powered Bitcoin upside, and Little Pepe offers a fresh take on meme coins with real infrastructure.

Each project taps into a different corner of the market, but all come with high risk and high reward potential. Stay sharp, stay curious, and maybe don’t bet the farm.

This article is for informational purposes only and not financial advice. Always do your own research (DYOR) before investing in crypto.

Bitcoin has officially lost the $103,600 support level following shocking geopolitical developments. The US military reportedly launched attacks on Iran’s nuclear facilities, triggering widespread panic and risk-off behavior across financial markets. The crypto space was no exception. Bitcoin, which had been holding above key support for weeks, rapidly sold off as fear gripped traders and investors alike.

This breakdown marks a shift in sentiment. Bulls have lost control of short-term momentum, and the broader market now braces for a potential drop below the critical $100,000 psychological level. With no immediate signs of relief, selling pressure may persist unless strong demand emerges near range lows.

Top analyst Carl Runefelt pointed out that Bitcoin Dominance (BTC.D) has just surpassed its previous high, indicating that while Bitcoin bleeds, altcoins are under even more pressure. This capital concentration in Bitcoin could be interpreted as a flight to relative safety within the crypto ecosystem, but it also highlights growing uncertainty and lack of confidence in higher-risk tokens.

Bitcoin Faces Pivotal Test As It Hovers Near $100K

Bitcoin is at a critical juncture as it flirts with a breakdown below the psychological $100,000 mark. After weeks of holding above this level, the market is beginning to show signs of fatigue. Yet, despite the selling pressure, bulls have managed to defend the $100K threshold for now, suggesting it may be forming a new base of support. A sustained hold above this level could trigger a sharp recovery, potentially reigniting momentum toward previous highs.

However, the macroeconomic backdrop remains highly volatile. Rising US Treasury yields continue to tighten liquidity conditions, while the Federal Reserve’s decision to hold interest rates adds further uncertainty. Meanwhile, escalating conflicts in the Middle East, including the recent US attack on Iranian nuclear facilities, have injected fear across global markets. Bitcoin has historically responded to geopolitical risk with mixed behavior—sometimes acting as a safe haven, other times following broader market risk aversion.

Adding to the complexity, Carl Runefelt recently noted that Bitcoin Dominance has just broken above its previous high. This signals that capital is concentrating on Bitcoin, while altcoins suffer heavier losses. The shift reflects growing caution in the market, with investors opting for perceived relative safety over speculative risk. Whether this capital rotation will eventually fuel another leg up for Bitcoin—or mark the start of a broader downtrend—remains to be seen in the coming days.

Bitcoin has now been trading above the $100K level since early June, indicating that the price may be attempting to stabilize around this range. Yet failure to reclaim the all-time high near $112,000 continues to cap bullish momentum. If bears force a breakdown below $100K, the next support may not emerge until the $94K–$95K zone.

BTC Price Analysis: Bulls Defend Critical Support

Bitcoin is currently trading at $102,506, hovering just above the key support zone at $100,000. The chart shows BTC failing multiple times to break through the $109,300 resistance level, resulting in a gradual decline and increased selling pressure. The $103,600 area—which previously acted as support—has now been lost, confirming weakness in short-term bullish momentum.

On the 3-day chart, price remains above all major moving averages, including the 50, 100, and 200 SMAs, signaling that the macro trend is still intact. However, volume has been decreasing as the price consolidates, suggesting hesitation among market participants. A decisive move—either a bounce from $100K or a breakdown below it—could set the tone for the next phase of Bitcoin’s trend.

The price action suggests that BTC is forming a new local range between $100,000 and $109,000. If the bulls manage to hold $100K and push back above $103,600 in the coming sessions, a retest of the range highs may follow. On the flip side, a sustained move below $100K could open the door for a sharper correction toward $95,000 or even $92,000 in the short term. Market watchers are closely monitoring this level as the battle between bulls and bears intensifies.

Featured image from Dall-E, chart from TradingView

The SUI/USDT weekly chart is attracting attention as the price action tightens within a defined range. After a period of decline and consolidation, the asset is stabilizing, with key support levels holding firm. The structure suggests that the asset may be gearing up for a potential shift in trend.

Price Action Coiling Up — Will SUI Snap Upward?

SUI has formed a symmetrical triangle squeeze, a pattern known for preceding explosive moves. Its price recently dipped below the lower trendline, raising alarms for a potential breakdown. However, Atres Crypto Academy noted on X that this may have been a bull trap, a temporary shakeout before a sharp reversal.

If SUI snaps back into the triangle with strong momentum, it would signal that the breakdown was a false move, and bulls may be regaining control. In that case, the stage would be for an upside breakout, with the target set at $3.50 or more.

SUI price action is forming a falling wedge pattern, a bullish reversal setup. After dropping 37% from its May highs, the altcoin is now testing a key support zone between $2.70 and $3.00, an area that has typically drawn buying interest. WEBBZ.SUI highlighted that a confirmed breakout could propel the token toward the $4.50 to $5.00 region, and if support fails to hold, the next critical level will be the $2.00 zone.

According to Gemxbt, the 1-hour chart is showing a consolidation phase around the $2.85 level, with the price stabilizing above the 5, 10, and 20-hour moving averages, signaling strength and support in this zone.

The Relative Strength Index (RSI) is also trending upward, steadily moving away from oversold territory. This suggests that bullish momentum is building. Furthermore, the Moving Average Convergence Divergence (MACD) is approaching a bullish crossover, indicating possible upward price movement if confirmed by increased volume.

Signs Of Strength Emerging 

SUI has quietly surged from under $0.60 to over $4.00 in less than a year, making an impressive nearly 7x gain despite pullbacks. The price-performance underscores the growing interest and momentum behind the token.

Emilio Crypto Bojan mentioned that the fundamentals are starting to catch up with the price action. DeFi aggregator volume has now surpassed $45 billion, with a 19% increase over the past 30 days, and bullish vibes are building ahead.

SUI is showing signs of strength after holding the critical support zone at $2.70, suggesting that a potential bounce is building. Presently, the market structure shows that conditions are favorable for a reversal, provided the bulls step in decisively. Cult Babe also revealed that the price action appears to be preparing for an upward move, with the key focus of reclaiming the $2.90 resistance level.

Bitcoin’s price action is still above the $100,000 threshold and within striking distance of its all-time high at $111,700, but its on-chain activity tells a completely different story. According to the latest report from on-chain analytics firm Glassnode, even though Bitcoin’s price is pushing to new heights, underlying blockchain metrics have slipped into territories more commonly associated with bear market phases.

Quiet Blockchain Activity Despite Price Strength

According to a report looking at various on-chain metrics from on-chain analytics company Glassnode, Bitcoin has mostly been highlighted by quiet blockchain activity despite its current price foray above $100,000. For example, daily transactions have now dropped to a range between 320,000 and 500,000, down from a peak of over 730,000 in 2024. This is a significant decrease in throughput for a network operating in a bullish price environment. 

The slowdown in daily Bitcoin transactions is mainly tied to a corresponding decline in non-monetary activity such as Inscriptions and Runes, which had previously contributed to transaction spikes. The actual transfers of value in monetary transactions have been relatively steady, but overall, the drop in network usage has created a noticeable divergence where previous rallies to all-time highs were usually accompanied by a rise in on-chain transactions.

Although transaction counts are falling, the Bitcoin blockchain is settling huge amounts of transactions on-chain. The daily volume average this cycle is around $7.5 billion and spiked as high as $16 billion during the initial rally above $100,000 in late 2024. However, the nature of these transactions has shifted from the hands of retail traders. The average volume per transaction is just above $36,000, meaning that large institutional players and high-net-worth individuals are now the primary users of the Bitcoin network.

Retail-size transactions (those under $100,000) have seen their relative share of the total volume go down massively. For example, transactions in the $0 to $1,000 range now represent less than 1% of total value transferred, down from about 4% at the start of this cycle. 

Fee Pressure Drops While Off-Chain Trading Dominates

Glassnode’s report also highlights how subdued the fee environment has become, even with Bitcoin trading around all-time high prices. Average miner revenue from transaction fees has dropped to just $558,000 per day. Although the decrease is partly due to technical improvements like SegWit and transaction batching, the massive fall in miner revenue indicates a notable drop in block-space demand and the overall reduction in the number of transactions. 

On the other hand, trading activity has shifted to off-chain venues, especially centralized exchanges. Spot volumes often exceed $10 billion per day, while futures markets dominate with average daily volume around $57 billion and peaks surpassing $120 billion. Options markets are also growing, now handling over $2.4 billion per day. Altogether, these off-chain platforms handle 7 to 16 times more volume than what is settled directly on the Bitcoin blockchain.

In conclusion, the Glassnode report shows the changing dynamics of Bitcoin’s ecosystem and how it is slowly leaning more toward large institutions than retail traders. At the time of writing, Bitcoin is trading at $103,470, down by 2% in the past 24 hours.

Featured image from Pexels, chart from TradingView

According to data from CoinMarketCap, Bitcoin (BTC) dipped by 1.12% in the past day drawing prices into the $103,000 region. Notably, this slight decline underscored another uneventful week in which Bitcoin failed to hold any convincing price breakout amidst an extended corrective phase. Interestingly, a popular market analyst with X username Titan of Crypto has weighed in Bitcoin’s latest rejection highlighting possible downside price targets.

Bitcoin Bulls Must Step In Now – Analyst

In an X post on June 20, the Titan of Crypto provides an in-depth analysis into a recent Bitcoin price rejection. The premier cryptocurrency initiated a price rally on June 20 to trade as high as $106,000 where it faced a stern rejection forcing a return below the $103,157.  According to Titan of Crypto’s analysis, Bitcoin’s price rejection at a Fair Value Gap (FVG) meaning price rose into an inefficiency zone but was unable to break through. For context, the FVG is a price imbalance or inefficiency on the chart where the market moved too quickly in one direction as seen on June 20, leaving behind a zone where little to no trading occurred.

However, the FVG lies within a bigger symmetrical triangle – a common chart pattern that signals a period of consolidation before a major price move. As seen in the chart above, it is formed by two converging trendlines, narrowing structure suggests growing pressure, often leading to a breakout or breakdown as the market seeks direction. Based on recent developments, BTC has retested and now broken through through the lower boundary of the symmetrical triangle indicating a potential for further downside. According to Titan of Crypto, possible price targets for Bitcoin in this event include the previous weekly low at $102, 679, failure of which to act as a strong support zone would force prices to around the psychological $100,000 zone.

Bitcoin Market Overview

In other developments, blockchain analytics firm Sentora reports that Bitcoin networks fees grew by 105.8% on the weekly scale indicating a surge in transaction numbers and user engagement. Meanwhile, there was an notable exchange outflow of $2.06 billion suggesting a long-term market confidence as investors move their holdings to their private decentralized wallet.

As earlier stated, BTC is trading at $103,402 with losses of 1.88% and 7.02% on the weekly and monthly chat. Meanwhile, the daily asset trading volume is up by 38.31% and valued at $50.14.

Bitcoin appears to be taking a breather, hovering just below key short-term moving averages and offering little in the way of strong directional cues. With price action caught in a narrow range and momentum indicators stuck in neutral, the market seems to be in observation mode. 

Volume has thinned out, signaling a lack of conviction from both bulls and bears, while the RSI remains balanced, suggesting that neither side holds a clear advantage. As traders scan for signals, Bitcoin sits quietly, coiling beneath the surface, possibly preparing for its next decisive move.

Momentum Lacks Direction As Bitcoin’s Price Oscillates Quietly

In a post on X, Shaco AI reports that Bitcoin is trading at $103,869, sitting just beneath its 25‑hour SMA of $103,917.60 and the 50‑hour SMA at $104,297. Price action remains calm, drifting slightly below these short‑term averages and signaling a market content to oscillate rather than commit to a clear direction.

Momentum gauges underscore this neutrality. The RSI rests at 49.63, squarely in the middle of its range, neither overbought nor oversold, while the MACD gap widens to –201.72, hinting that bears still control the narrative, if only modestly. Shaco AI likens these readings to a “Goldilocks” zone.

Trend strength, though muted, has not disappeared entirely. An ADX reading of 24.38 whispers that a trend remains in play, just potent enough to keep traders vigilant. It’s a reminder that even modest ADX levels can foreshadow a pick‑up in momentum if supporting volume arrives.

Speaking of participation, the current hour’s volume of 387.03 falls well below the average of 590.34, suggesting spectators dominate the field. Shaco AI concludes that until fresh volume returns, Bitcoin is likely to remain in watch‑and‑wait mode, leaving traders scanning the intraday landscape for stronger cues.

Watch The Levels: Key Zones May Signal Next Big Move

Taking a broader perspective, Shaco AI pointed out that Bitcoin is currently wedged between two critical levels: stiff resistance at $106,524.65 and support down at $102,345. The resistance zone has acted like a stubborn ceiling, while support continues to offer a base, albeit a passive one.

Volume has been notably low, and key indicators aren’t delivering a clear direction. As Shaco AI cleverly puts it, it’s like a “confusing first date”—there’s movement, but no strong commitment from either side of the market.

In this uncertain setup, caution is key. Shaco AI recommends keeping a close watch on how the price behaves around these major levels. Any notable surge in volume or a firm breakout could tip the balance and offer clues on where Bitcoin is headed next.

XRP prices recorded an overall 1.26% loss in the past week amidst a crypto market struggling to re-establish a bullish trajectory.  After reaching a local price peak of $2.58 on May 15, XRP has witnessed an extensive correction forcing prices to around $2.06. Interestingly, prominent market expert with X username CasiTrade has shared a bullish prediction hinting at an upcoming price reversal.

Flush Then Fly? XRP Chart Patterns Point To Key Support Test

In an X post on June 20, CasiTrades postulates that XRP is currently at a technical inflection point with significant bearings on its next price movement. Based on the presented daily trading chart, it can be inferred that the prominent altcoin is on the edge of a price breakout or breakdown due to the formation of a descending triangle pattern. However, CasiTrades states that there are larger implications in recent developments of the relative strength index (RSI). Notably, the analyst explains the XRP daily RSI trendline is now breaking down signaling a confluence of market conditions including declining volatility, muted price action, and, most importantly, an accumulation of pressure within the market which aligns closely with the tightening range seen in the descending triangle.

CasiTrades predicts the impending release is likely to initially target lower price regions before initiating a price upswing. The trading expert views this potential breakdown not as bearish price capitulation but rather a final flush needed to gather enough liquidity for a bullish reversal. In this regard, CasiTrades has highlighted potential support zones to be around $2.01, $1.90 and $1.55, all which the analyst states remain valid until XRP achieves a decisive price close above $3. However, the projected bullish reversal may occur via two routes. Firstly, CasiTrades states that XRP could dip cleanly to any of the highlighted supported zones before executing a V-shaped marker recovery that would indicate the altcoin has found a market bottom. Alternatively, XRP may also get close to the support zones and stall or even produce an early price bounce. In this case, the analyst predicts the token may witness a final exhaustion downward wave before the expected bullish reversal.

XRP Price Overview

At press time, XRP trades at $2.13 reflecting a 1.29% price loss in the past day. Meanwhile, the cryptocurrency also retains negative performances on larger time frames with a loss of 10.39% on the monthly chart respectively. In making any price gains, the market bulls must overcome the key resistance level at $2.37, a successful breakout beyond which would pave the way for a rally toward the $2.60 mark.

South Korean regulators are gearing up for a big shift: spot Bitcoin and other crypto ETFs could hit the market by the second half of 2025.

According to reports, the Financial Services Commission has sent a roadmap to the Presidential Committee on State Affairs Planning outlining new rules and infrastructure for issuing, trading and valuing these funds.

This move follows President Lee Jae‑myung’s promise to bring crypto into the mainstream financial system.

South Korea Plans Spot Crypto ETFs

Based on reports, the FSC wants to set clear rules on custody, trading platforms and fund evaluation before any ETF hits the market. The plan targets approval in the latter half of 2025, though officials warn that details could still shift.

Retail investors will likely gain access to Bitcoin and other crypto assets through traditional brokerage accounts, rather than relying on self‑custody options.

Stablecoins Tied To The Won

Alongside ETFs, regulators aim to roll out a domestic stablecoin pegged to the Korean won by late 2025. According to the FSC roadmap, a won‑based token would cut down on capital flight and provide a homegrown digital payment option.

This stablecoin framework will cover issuance rules, reserve requirements and auditing standards to keep trust high among users.

Investor Protections And Rules

Investor safety features heavily in the proposals. The government plans a “one‑strike” policy for companies caught in market manipulation, requiring executives to return any illicit gains. Public firms that fall foul of these rules could face faster delisting. There’s also talk of stiffer penalties for unfair trading and stronger disclosure rules for crypto firms.

Market Impact And Next Steps

South Korea is already one of the world’s top retail crypto markets, with local investors holding about $76 billion in digital assets at the end of 2024. Opening ETFs could shift some of that into regulated products, smoothing out wild swings while bringing in new capital from cautious buyers.

The FSC is also looking at extending Korea Exchange trading hours from 6.5 to 12 hours a day, which could boost liquidity across all asset classes.

Despite the promise, experts say getting the final regulations right will be crucial. Custody rules must guard against hacks, pricing methods need to reflect real‑time markets, and audit standards have to verify underlying asset holdings.

Still, this roadmap represents a major shift in South Korea’s stance on crypto. If it goes ahead as planned, the country will join the US, Canada and parts of Europe in offering spot‑based crypto ETFs—potentially setting a trend for other Asian markets.

Featured image from Unsplash, chart from TradingView

A crypto analyst has shared a new bullish forecast for the Dogecoin price, predicting that the world’s largest meme coin could soar to a double-digit valuation of $10. Although Dogecoin still trades significantly below $1, the analyst remains confident in this bold target. He points to a unique trend tied to Bitcoin’s market behavior, which he believes could be the key catalyst behind this projected bullish rally. 

Dogecoin Price To Reach $10 As Bitcoin Hits ATH

A widely followed crypto analyst, known as Dima James Potts, has projected a long-term bullish surge for Dogecoin, believing that a price rally to $10 and beyond was inevitable. This prediction is based on a recurring logarithmic arc pattern that has accurately tracked Dogecoin’s multi-year market cycles. 

According to Potts’s weekly Dogecoin price chart, the meme coin has repeatedly followed a clear sequence: starting with an extended consolidation along a lower curve support, followed by a sharp breakout toward an upper curved resistance. This unique pattern has held through multiple cycles since 2014, with each new rally beginning just after Dogecoin breaks above a descending trendline, typically marked with a dramatic spike in volume and price. 

In this cycle, Potts notes that the recurring historical structure has taken a long time to develop due to an early peak in the 2021 bull market, which has led to Dogecoin’s prolonged accumulation phase. However, the chart shows DOGE still respecting the lower curve, suggesting that the roadmap and build-up for a massive upward move may be underway. 

Notably, the critical point of this bullish forecast will arrive when the Bitcoin price secures a weekly close above its previous all-time high above $109,450. Currently, its price is still sitting below past highs around $103,528 after falling below the $100,000 mark due to broader market volatility and political uncertainty. 

Based on Potts’ analysis, Dogecoin’s performance and potential to hit $10 are contingent on Bitcoin reaching a new all-time high. Once this occurs, Potts believes that DOGE will begin a parabolic rally, with the potential to form a cycle peak around the final week of October.

Key Elements And Timelines Strengthen Bullish Case

Beyond the price targets, Potts’ chart analysis highlights critical structural elements supporting Dogecoin’s optimistic outlook. A series of descending yellow trendlines on Potts’ chart have historically acted as resistance in previous cycles—with each major breakout occurring shortly after the meme coin’s price had closed above these lines. 

Also marked are purple vertical lines that show the timeline of Dogecoin’s cycles. Each peak in previous years followed soon after these markers, with the next one set for October 27, 2025. Another notable factor is the accumulation length. Past rallies emerged after more than 1,400 days of sideways price action. 

The current cycle has already surpassed that duration, with over 1,600 days of gradual buildup and moderate trading volume. These recurring market behaviours seen in past cycles add weight to the projection that Dogecoin may be preparing for its most significant rally yet.

CoinMarketCap tackled a security scare on its website this week when a fake popup urged users to “Verify Wallet.” The alert first appeared on Friday, prompting worries that hackers had slipped malicious code into the site. Within about three hours, CoinMarketCap said it had removed the offending script and began a deeper review of its system.

Malicious Popup Hits Site

According to CoinMarketCap’s post on its official X account, the popup was not part of any planned update. Based on reports from users on social media, it asked visitors to connect their wallets and approve ERC‑20 token transactions. That kind of prompt can lead to wallet theft or unwanted transfers if people click through. CoinMarketCap warned everyone not to connect their wallets until the issue was fixed.

Update: We’ve identified and removed the malicious code from our site.

Our team is continuing to investigate and taking steps to strengthen our security.

— CoinMarketCap (@CoinMarketCap) June 21, 2025

Wallet Extensions Sound Alarm

MetaMask and Phantom, two popular browser‑based crypto wallets, flagged the page as unsafe almost immediately. A crypto user noted that Phantom’s extension showed a warning stating the site was “unsafe to use.” Those built‑in alerts likely saved many users from falling for the scam, since both wallets routinely check for suspicious code before letting you sign any requests.

User Data At Risk

Based on reports from crypto community members, the popup specifically asked for approvals that could give hackers control over tokens in affected wallets. Phishing scams like this thrive on tricking users into handing over private keys or signing away permissions. CoinMarketCap’s quick action stopped the popup, but it serves as a reminder that even top sites can be targets.

Past Security Breach Looms

This isn’t the first time CoinMarketCap has faced a breach. Back in October 2021, hackers stole over 3 million email addresses from the site. Those emails later appeared on hacking forums and were flagged by Have I Been Pwned. Now, almost four years later, a new attack vector—injecting code rather than stealing data—shows how threats keep changing.

Calls For Stronger Security

CoinMarketCap said its team is “continuing to investigate and taking steps to strengthen our security.” It did not share a full timeline for its audit, but noted that users should stay alert for any future alerts on X or other channels. Security experts say adding multi‑factor checks on code changes and regular scans for injected scripts can cut down on risks.

Advice For Crypto Users

Experts recommend that users treat any unexpected “connect wallet” prompt with suspicion, even on trusted sites. Using hardware wallets or browser extensions that clearly list requested permissions can help you spot shady prompts. Keeping your browser and wallet software up to date is equally key. In the fast‑moving world of crypto, personal caution remains one of the best defenses.

Featured image from Bleeping Computer, chart from TradingView

The Ethereum price struggled to break out of the $2,500 – $2,700 range over the past week, mirroring the sluggish condition of the general market. On Friday, June 20, the altcoin succumbed to a fresh wave of bearish pressure, falling toward the $2,400 mark to close the week.

Unsurprisingly, this latest downturn appears to be forcing the hands of investors who have been banking on the $2,500 support level over the past few weeks. Here’s how the falling ETH price and the resulting sell-off could affect the altcoin’s future trajectory.

ETH Price At Risk As Taker Sellers Unload Their Tokens 

In a recent post on the social media platform X, on-chain analyst Maartunn revealed that a set of Ethereum traders might be on the move again. This on-chain observation revolves around a jump in the Taker Sell Volume, a metric that estimates the total volume of sell orders filled by takers in perpetual swaps of a specific cryptocurrency (ETH, in this case).

To provide some context, a taker refers to a market participant who places an order matched with an existing order on the order book. With this definition, the Taker Sell Volume represents the total amount of a cryptocurrency offloaded or sold by these market participants within a specific period.

In the post on X, Maartunn highlighted in his post that sell pressure is mounting in the Ethereum market, as taker sellers are beginning to dominate the buyers on exchanges. According to data from CryptoQuant, the ETH Taker Sell Volume on all centralized exchanges surged to around $321.3 million within a minute on Friday.

Typically, significant spikes in the Taker Sell Volume have often been followed by a period of downward pressure on the price of Ethereum. If history is anything to go by, investors might expect the second-largest cryptocurrency to struggle over the next few days.

Ethereum Price Overview

As of this writing, the price of ETH sits just above the $2,410 level, reflecting an almost 5% decline in the past 24 hours. According to data from CoinGecko, the altcoin is down by nearly 6% over the last seven days.

The Ethereum price has been stuck in consolidation within the $2,500 – $2,800 range over the past few weeks. With the token’s price now beneath a major support in $2,500 and the rising bearish pressure, the odds of ETH embarking on a sustained rally look slimmer.

France was rocked this week by yet another crime targeting people who hold cryptocurrencies. A 23‑year‑old man was seized in a suburb of Paris and forced to reveal where he kept his digital keys. This case highlights how real‑world dangers can follow the money trails in the blockchain world.

Kidnapping In Paris Suburb

According to Le Parisien, the young man was taken in Maisons‑Alfort on Tuesday. He was held for several hours before being released in nearby Créteil. Authorities say the attackers used violence to make him talk. They didn’t just want his cash.

Demand For Cash And Crypto

The kidnappers asked for 5,000 euros in cash, roughly $5,760. They also demanded the key to his Ledger hardware wallet. That device can hold thousands or even millions in crypto, depending on what’s inside. Under threat, the victim handed over both the money and the digital key.

A Wider Trend Of Attacks

Based on reports, this is part of a growing pattern. In May, three men tried to grab the daughter and grandson of Pierre Noizat, CEO of crypto exchange Paymium.

Around the world, similar “wrench attacks” have made headlines. New York prosecutors charged two people for kidnapping a tourist to get his crypto.

India, Hong Kong, the Philippines and Spain have seen cases, too. Jameson Lopp, Bitcoin adopter and co‑founder of Casa, says he’s tracked 232 physical attacks on crypto users over the past 11 years. Even Hal Finney, who got the first Bitcoin transaction, was “swatted” in 2014.

Calls For Better Security

Experts warn that hardware wallets aren’t foolproof against violence. If criminals force someone to plug in their device, the cold storage protection vanishes.

Some wallets let you set up a decoy account. That could limit losses if someone is threatened. Splitting assets across multiple wallets, or using multi‑signature setups, also helps.

Despite growing awareness, arrests in these cases remain rare. As of Thursday, French police hadn’t named any suspects. Victims often stay silent, fearing publicity or more threats.

But every story puts more pressure on law enforcement to act. Crypto companies, too, face calls to build features that protect users under duress.

France’s latest incident is a stark reminder: real danger lurks where money flows freely. Crypto can be digital, but those who use it live in the physical world. Staying safe means guarding both private keys and personal well‑being.

Featured image from Unsplash, chart from TradingView

The Ethereum, Dogecoin, and XRP prices have suffered significant losses over the last day, sparking a bearish outlook for these altcoins. This price crash comes amid the US Supreme Court decision, which keeps the Trump tariffs in place, and the lingering Israel-Iran conflict.

Why Ethereum, Dogecoin, And XRP Prices Are Down

CoinMarketCap data shows that the Ethereum, Dogecoin, and XRP prices have crashed in the last 24 hours. ETH is down almost 4% while DOGE and XRP are down almost 2% and 3%, respectively. This comes following the US Supreme Court’s denial of a motion to expedite the consideration of a motion on whether the Trump tariffs are legal or not. 

This means that the Trump tariffs remain in place while the appeal cases continue. Trump’s administration had earlier appealed a Federal Trade Court’s ruling that the tariffs were beyond the president’s authority under the International Emergency Economic Powers Act (IEEPA). Meanwhile, a second Federal Court also ruled against the tariffs. 

However, the latest Supreme Court decision presents a setback for the crypto market, seeing as the Trump tariffs will remain in place at least for now. The tariffs are bearish for the Ethereum, Dogecoin, and XRP prices, which explains why these altcoins witnessed a sharp decline. The tariffs have already raised concerns of inflation, with the Federal Reserve holding off on rate cuts. 

Fed Jerome Powell has indicated that the committee is well prepared to wait and see how the tariffs impact the economy rather than rush to cut rates. Rate cuts are typically bullish for the Ethereum, Dogecoin, and XRP prices because they inject more liquidity into these assets. However, these rate cuts could remain on hold if the tariffs persist. 

 

Another reason the Ethereum, Dogecoin, and XRP prices declined is because of the ongoing Israel-Iran conflict, which has gone on for over one week now. Both countries launched fresh strikes on each other in the last 24 hours, a move that is likely to further escalate the war. Meanwhile, the US is reportedly considering joining the war, which is also bearish for these altcoin prices. 

The White House stated that Donald Trump would decide on whether the US will join the war within two weeks. The US consideration has sparked fear among investors, which could have also contributed to the decline for the Ethereum, Dogecoin, and XRP prices.

A Positive For These Altcoins

Amid this decline, a positive for the Ethereum, Dogecoin, and XRP prices is Fed Governor Christopher Waller’s statement that rate cuts  could happen as early as next month. In a CNBC interview, he opined that they need to move slowly but that he thinks that they can start easing monetary policies from next month. 

US President Donald Trump has also called on the Fed to cut rates several times. In one of his most recent Truth Social post, he raised the possibility of firing Jerome Powell if the Fed Chair continues to delay on rate cuts. A potential rate cut would be bullish for the Ethereum, Dogecoin, and XRP prices.

Bitcoin is once again trading at a critical support level after failing to sustain momentum above the $106,000 mark. Bulls initially celebrated a short-lived rally into resistance, which sparked hope of a breakout—but the excitement was quickly overshadowed by a swift retrace. The move back into the $103,000–$104,000 demand zone has reintroduced fear and caution across the market, with investors growing uneasy in the face of mounting macroeconomic and geopolitical risks.

Middle East tensions and rising global uncertainty continue to weigh heavily on sentiment, keeping volatility elevated and market participants on edge. The current environment has become especially difficult to navigate, as conflicting signals and rapid reversals create an unstable trading landscape.

The current structure shows Bitcoin at the bottom of its recent range, with liquidity building below. This could provide fuel for a potential sweep and fast reversal back into the range, similar to the false breakout seen earlier from the top side. However, if this support zone fails to hold, a deeper correction becomes more likely, especially given the market’s heavy tone.

Bitcoin Holds $100K Support But Faces Growing Headwinds

Bitcoin continues to show resilience above the $100,000 level, a psychological and technical milestone that has held since early June. Despite this strength, the market lacks the momentum needed to break through the $112,000 all-time high and push into price discovery. Instead, Bitcoin remains trapped within a multi-week range, as macroeconomic uncertainty and geopolitical tensions weigh heavily on investor sentiment.

Rising US Treasury yields, persistent inflation concerns, and the Federal Reserve’s decision to hold interest rates steady have all contributed to tightening financial conditions. On top of that, growing instability in the Middle East adds another layer of volatility to an already cautious market. These factors have created a difficult environment for risk assets, especially those like Bitcoin that are seeking a clear directional move.

Price action over the past week has taken Bitcoin back to the lower end of its trading range. The $103,000–$104,000 zone is emerging as a critical support level. While the range has held for now, the inability to reclaim higher resistance levels near $109,000 raises the risk of further downside.

Crypto analyst Daan noted that BTC is currently sitting at the range low—a key level with substantial liquidity below. This area could act as a springboard if swept and reclaimed quickly, just as a similar move occurred near the range high earlier. However, he warned that if such a reversal fails to materialize, the market could be setting up for a deeper drop later in June.

Bitcoin’s ability to maintain this $100K+ structure is pivotal. Without a decisive break above the ATH, and in the absence of fresh bullish catalysts, the possibility of extended consolidation—or even downside—remains a valid scenario through the end of the month.

Price Action Details: Technical Levels To Hold

Bitcoin continues to face strong resistance, with the price failing to hold above the $106,000 level and now testing key support around $103,000. The 4-hour chart shows multiple rejections near the $109,300 zone, establishing it as a critical supply area. After briefly reclaiming the 50 and 100-period SMAs earlier this week, BTC has broken below all major moving averages once again, reflecting increasing short-term bearish pressure.

The recent breakdown from the $103,600 support area—a level that had acted as a strong pivot since early June—raises concern. This zone has now been lost and retested, suggesting potential continuation lower if bulls don’t step in soon. Volume also spiked on the latest drop, indicating that sellers are growing more aggressive.

Below current levels, $102,000 remains the next immediate zone of interest. A flush of liquidity under this level could offer a chance for a reversal if absorbed quickly, but if the price fails to reclaim $103,600 soon, bearish momentum may intensify. On the upside, bulls must first reclaim the 100-SMA around $105,870 to regain control of short-term trend structure.

Featured image from Dall-E, chart from TradingView

Over the past week, the cryptocurrency sector achieved a major milestone after the United States Senate passed the GENIUS Act. This landmark bill establishes the first federal standards for stablecoins, marking a significant victory for the digital asset sector and possibly the Bitcoin market.

In response to this significant breakthrough, US Secretary of the Treasury Scott Bessent highlighted that stablecoins could grow into a $3.7 trillion industry by the end of the decade, especially with the introduction of the GENIUS Act. “A thriving stablecoin ecosystem will drive demand from the private sector for US Treasuries, which back stablecoins,” Bessent said.

Besides the potential impact of a stablecoin market boom on the traditional sectors, there is also the significant effect such an amount of liquidity would have on the crypto market, especially Bitcoin. A renowned crypto journalist has come forward with how the Bitcoin price would react to a soaring stablecoin market value.

Could BTC Price Go On A Super Rally?

In a June 20 post on the X platform, crypto journalist Rafaela Romano shared an insightful analysis of the Bitcoin price performance in relation to a potential stablecoin market boom following recent legislative breakthroughs. This analysis is based on the “super” relationship between liquidity in stablecoins and the price of BTC.

In the post on X, Romano highlighted the Stablecoin Ratio Channel (SRC) that indicates sustained bullish or bearish conditions based on changes in stablecoin supply. This metric suggests that shifts in stablecoin supply could precipitate significant market movement over extended periods.

The SRC (Long-Term) removes short-term noise by applying a 90-day Relative Strength Index (RSI) to the Stablecoin Supply Ratio (SSR) oscillator and smoothing it with a 7-day EMA. For context, SSR is calculated as the ratio between the Bitcoin supply and the supply of stablecoins.

Hence, a falling SRC metric suggests that the stablecoin supply is growing faster than the Bitcoin supply. As shown in the chart below, when the SRC reaches the green line, it indicates an oversold market condition for the premier cryptocurrency — a typical precedent for prolonged price rallies.

Hence, if the stablecoin market capitalization sees a 15x growth over the coming years, it means that the value of the SRC would likely plummet beneath the green line. Ultimately, Romano believes that this could mean a “super multiple” for the price of Bitcoin.

Bitcoin Price At A Glance

As of this writing, the price of BTC stands at around $103,550, reflecting an almost 1% decline in the past 24 hours.

Bitcoin saw a sharp retracement to $102,300 after briefly climbing to $106,500 earlier today, as bulls failed once again to break through critical resistance. Sellers are stepping in at key supply zones, pushing back against attempts to enter price discovery above the $112K all-time high. Despite this pressure, Bitcoin remains resilient above the psychologically significant $100K mark, where it has found support since early June.

The latest on-chain data from Gemini and Glassnode reveals a noteworthy structural shift: over 30% of Bitcoin’s circulating supply is now held by just 216 centralized entities. These include exchanges, ETFs, funds, public and private companies, DeFi contracts, and even governments. Exchanges currently hold the largest share, while public companies represent the most numerous holders. This trend highlights the deepening custodial centralization of Bitcoin, raising both adoption optimism and decentralization concerns.

As the macroeconomic backdrop remains volatile—with high US Treasury yields, the Fed holding interest rates, and geopolitical tensions intensifying—Bitcoin’s price action is becoming increasingly sensitive to shifts in sentiment and liquidity. Whether BTC can hold this key support or slide deeper into correction will depend on upcoming volume reactions and potential moves from these dominant custodial players.

Centralization And Geopolitics Shape Bitcoin’s Next Move

Bitcoin is currently down 8% from its $112K all-time high, hovering in a broad consolidation phase with no decisive breakout. The price action suggests that the market is at a critical juncture, with traders split between two possibilities: a deeper retracement toward the $94K level or a renewed push into price discovery. This indecision is amplified by ongoing geopolitical tensions, particularly the escalating conflict between Israel and Iran. Many analysts warn that if the United States steps in, it could trigger panic across global markets, creating spillover effects into the crypto space.

Meanwhile, key insights from Glassnode and Gemini shed light on a growing trend in Bitcoin’s ownership structure. Over 30% of the circulating supply is now held by just 216 centralized entities. This reflects a dual narrative—on one hand, increasing institutional adoption of Bitcoin as a reserve or investment asset, and on the other, rising custodial centralization that may undermine the network’s decentralized ethos.

The largest holdings belong to crypto exchanges, ETFs, and funds, followed by public and private companies that have allocated BTC to their balance sheets. A notable portion is also locked in DeFi contracts, with some controlled by governments following seizures or strategic acquisitions.

While this growing centralization may boost credibility and capital inflow, it also introduces new risks to liquidity and distribution. In such a fragile macro environment, Bitcoin’s next major move will depend not only on technical setups but also on the behavior of these key holders under pressure.

BTC Price Analysis: Bulls Lose Momentum

Bitcoin has retraced from its recent local high of $106,500 and is now trading around the $103,100 mark, testing a key support level highlighted in yellow on the chart—specifically the $103,600 zone. This level served as resistance earlier in the year and is now acting as a critical demand area during this consolidation phase. A daily or 3-day close below this threshold could signal further downside and open the door for a retest of the $100,000 psychological support.

The chart shows lower highs forming since the $112,000 all-time high, which, if continued, may form a descending triangle structure—typically a bearish continuation pattern. Price rejection around $109,300 confirms that sellers remain in control at higher levels. Volume is slightly elevated on red candles, suggesting increased distribution.

The 50 and 100 moving averages (at approximately $94,700 and $87,500, respectively) remain well below the current price, indicating room for further retracement if bearish momentum builds. Still, the broader uptrend remains intact unless price decisively breaks below the $100,000 level.

Bulls need to reclaim $106,500 and close above $109,300 to signal strength. Until then, Bitcoin appears locked in a tightening range, with downside risk increasing in the short term.

Featured image from Dall-E, chart from TradingView

With the crash in the Shiba Inu price over the last few weeks, hundreds of thousands of SHIB investors have seen their holdings plunge into the red. Presently, the majority of investors who have bought the Shiba Inu token are seeing losses on their holdings compared to those in profit. With the month of June known to be a particularly bearish one for SHIB, it is possible that even more investors will suffer losses before the month is over.

June Carries Bearish Prospects For Shiba Inu

The month of June has historically been bearish for the Shiba Inu price, and it seems that the year 2025 is not going to be any different. So far, the meme coin’s price is already down by more than 8% this month, suggesting that the month, with only less than 10 days left, is headed for another red close.

In the meme coin’s five-year history, June is the only month that has never seen a green close. As a result, it is the month with the highest negative returns for the meme coin in history. CryptoRank’s data shows an average of -13.8% returns for June and a -11.5% median return for the month.

With the passing of the years, it seems the losses for the month of June have only gotten worse. In June 2024, the meme coin crashed 32.3% to close the second quarter at a 44.3% loss. In fact, Q2 is also the worst quarter for the meme coin, with four out of the last five years closing in the red.

Given that established trends like this tend to repeat themselves, it is possible that the Shiba Inu price does continue to decline from here. The average returns for the month suggest a double-digit loss before the month is over.

SHIB Investors Suffer Massive Losses

According to data from the IntoTheBlock website, the number of Shiba Inu wallets that are nursing losses has skyrocketed. A total of 65% of all investors are currently in the red, putting them in the lead. In contrast, only 32% of investors are seeing any profit at this level, and 3% are sitting at breakeven, meaning the coins last moved around the price that the meme coin is currently trading at.

While the established trend suggests that the Shiba Inu price will continue to decline and push more investors into losses, the CoinCodex prediction suggests a change in the tide. The 5-day prediction sees an 8.8% rise to $0.00001278 in the new week.

On a longer timeframe, more specifically the 1-month prediction, Shiba Inu is expected to go even higher. It puts the meme coin as high as $0.00001496, which is a 27.35% increase from the current level.

On-chain data shows the XRP investors with more than 300% in profits took part in a significant amount of selling earlier in the month.

XRP Whales With Over 300% Gains Are Calm For Now

In a new post on X, the on-chain analytics firm Glassnode has talked about the trend in the Realized Profit for a specific part of the Bitcoin network. The “Realized Profit” refers to a metric that measures, as its name already implies, the total amount of profit that the BTC investors as a whole are realizing through their selling.

The indicator works by going through the transaction history of each token being sold on the blockchain to see what price it was moved at prior to this. If this previous selling price for any coin is less than the spot price that it’s now being sold at, then that particular token’s sale is leading to a realization of some net profit equal to the difference between the two values.

The Realized Profit takes this difference for all profit-taking transactions and calculates their total sum to determine the situation for the network as a whole. Another indicator known as the Realized Loss tracks the sales of the opposite type.

In the context of the current topic, the Realized Loss for the entire market isn’t of interest, but rather that of only a very specific portion of it: the XRP investors carrying gains of more than 300%.

The only holders who would be in a profit of this level are those that bought the cryptocurrency prior to the asset’s explosion in November 2024. Thus, the Realized Profit of the cohort tells us about the level of profit-taking that these early buyers are participating in.

Now, here is a chart that shows the trend in the indicator over the last couple of years:

As displayed in the above graph, the XRP Realized Profit associated with investors carrying a profit margin of more than 300% saw a very sharp spike just after the initial price rally. This suggests that many of these early buyers didn’t wait too much to harvest their gains.

Profit-taking from the group continued in early parts of 2025, although the spikes that the indicator witnessed were of a significantly smaller scale. After March, though, selling from these investors finally calmed down.

From the chart, it’s apparent that this calm continued until this month, but the cohort ended up breaking its silence. “In early June, they began realizing profits at a pace of $68.8M per day (7D-SMA), signaling a wave of distribution by early holders,” notes Glassnode.

So far since this selling spree, things have calmed down for the XRP Realized Profit of the cohort once more, but considering that these holders have taken part in selling on a few occasions already, it’s uncertain whether this means selling pressure has become exhausted or not.

XRP Price

XRP has faced a drop of more than 2% in the last 24 hours that has brought its price back to the $2.1 level.