Argentina’s LIBRA token, tied to President Javier Milei, highlighted the volatility of memecoins, with 86% of traders reportedly losing money, per Nansen Research. This unprecedented decline showcases the speculative nature
Pepe (PEPE) price, the frog-themed memecoin, has seen a sharp decline, losing 40% of its value over the past month. After briefly touching $0.000028, the token struggled to maintain momentum and is now facing further downside risks. Analysts warn that if support levels fail, PEPE could drop to $0.0000031. The broader market’s direction will play a key role in determining whether the token can recover from recent losses. Pepe Coin Price Prediction: Is $$0.0000031 The Next Support Level? Crypto analyst Ali shared insights on social media, warning that PEPE may decline significantly if it fails to hold a key support level. According to his analysis, the memecoin could drop to $0.00000031 if it closes below $0.00000092 on the daily chart. Analyst illustrates a downward trend, with PEPE struggling to maintain stability amid broader market fluctuations. The analysis highlights key technical levels that traders are closely monitoring. If PEPE breaches the mentioned threshold, it could trigger further selling pressure, leading to a sharp decline. PEPE Drops 66% From December Peak as Crypto Market Sees Corrections The meme coin PEPE experienced a remarkable surge during the final rally of 2024, reaching an all-time high of $0.00002825 on December 9. However, recent market corrections have caused a sharp decline, pushing the asset down by 66% from its peak. PEPE is now fluctuating between $0.0000089 and $0.00001 as volatility grips the cryptocurrency market. Broader trends indicate a cooling period across digital assets, following months of bullish movement. While PEPE’s momentum has slowed, investors remain watchful for potential rebounds in the evolving crypto landscape. Pepe Price Analysis As of Wednesday, the PEPE price is trading at $0.000009325, showing minimal volatility within a tight range. The meme coins remain in a consolidation phase, with critical resistance at $0.000012 and strong support at $0.000008. Price movement suggests a lack of immediate bullish momentum, keeping traders cautious. The MACD indicator presents a neutral to bearish outlook, with the MACD line slightly below the signal line. This suggests weakening momentum as the histogram remains near equilibrium. If bearish pressure intensifies, PEPE could retest the $0.000008 support level. Conversely, a breakout above $0.00001 might shift sentiment toward a bullish recovery. The Relative Strength Index (RSI) is currently at 41, indicating mild bearish conditions. Source: TradingView Pepe Coin price faces critical support challenges as bearish pressure mounts. If key levels break, PEPE could slide toward $0.0000031. Market trends will determine whether recovery is possible. The post Pepe Coin Price Forecast: Bears Eye $0.0000031 If Support Fails appeared first on CoinGape .
Coinbase's potential TAO listing could boost decentralized AI network growth and influence token market dynamics, pending liquidity conditions. The post Coinbase to list Bittensor’s TAO token tomorrow appeared first on Crypto Briefing .
Recent discussions surrounding Bitcoin’s potential for global payment scalability have taken center stage in the latest episode of The Scoop. In Episode 9 of Season 7, Lightspark Co-Founder and CEO
The Canadian online meal delivery service Goodfood bets on Bitcoin, following in Strategy’s footsteps. For months, investors have had very little confidence in the meal-delivery corporation, seeing how it quickly lost nearly all its market value during the COVID-19 pandemic. However, CEO and Co-founder Jonathan Ferrari believes purchasing Bitcoin could be the company’s saving grace. Goodfood has purchased $1 million of Bitcoin already Thanks to its investments in Bitcoin, Strategy has already earned the favor of both retail and institutional investors. The company even plans to issue $2 billion of convertible debt to raise funds for additional Bitcoin purchases. So far, in 2025, the software firm has spent roughly $3.2 billion on BTC at a weighted average price of $101,232, while in 2024, the company bought more than 250,000 BTC at an average price of about $85,447. Not to mention, the company’s stock is currently worth almost twice as much as its $45 billion in cryptocurrency holdings. Goodfood’s Ferrari is seemingly taking notes from Strategy’s approach and success and planning to jump on the BTC train. He commented: We have a nice core business, but it’s too small to be relevant to the capital markets. I think as we start investing more into our Bitcoin treasury strategy, we’ll be able to create more liquidity in our stock and attract investors. Jonathan Ferrari Ferrari has already invested the company’s funds in purchasing $1 million of Bitcoin in January. He even plans to make more acquisitions using a “significant” amount of Goodfood’s remaining cash. More companies and businesses are investing in Bitcoin, including Metaplanet Aside from Goodfood, other companies have mirrored Strategy Bitcoin’s approach, including Trump Media & Technology Group Corp., which dedicated some of its funds to crypto investments in January. Japanese hotel Metaplanet also sold almost all of its holdings in 2024 and used the funds to buy Bitcoin, earning the name “The Bitcoin Hotel.” On February 17, the hotel acquired an additional 269.43 BTC, bringing its cumulative holdings to 2,031, valued at nearly $200 million. While multiple companies are increasingly investing in Bitcoin, their crypto acquisitions have raised concerns about the suitability of speculative assets like cryptocurrencies and their inclusion in corporate treasury holdings. Crypto is still highly volatile, and its value could fall or rise drastically, affecting companies’ investments. When the token dips, the impact could be worse for companies that had to borrow funds to make digital asset purchases. Austin Campbell, a crypto consultant and former Wall Street trader, argued similarly that when you make purchases with debt, and their price falls when your debt is due, “you have a problem.” Cryptopolitan Academy: How to Write a Web3 Resume That Lands Interviews - FREE Cheat Sheet
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Catzilla gains traction, investors wonder if it has the potential to replicate Dogecoin’s legendary surge. Table of Contents Catzilla: A meme coin with high growth potential What makes Catzilla different? The time factor Why Catzilla could deliver Dogecoin-level gains Conclusion Catzilla (CATZILLA) is capturing attention in the crypto world with its rising popularity in the current bull run. Enthusiasts and investors are watching closely as this digital asset gains momentum. The buzz around Catzilla sparks curiosity if it can mirror the legendary rise of Dogecoin (DOGE). Catzilla: A meme coin with high growth potential Catzilla is one of those projects that seems too wild to ignore — a mix of Japanese kaiju culture, internet memes, and crypto. At first glance, it might just seem like another meme token, but there’s more going on under the hood. With a structured presale and a growing community, Catzilla has actual momentum behind it. Instead of a typical one-shot token sale, Catzilla’s presale is broken into 14 stages, giving investors multiple chances to buy in before launch. As each stage progresses, the price ticks up, meaning early buyers get in at a lower cost. Presale stats: Current price: $0.0009 Next stage price: $0.0010 Final presale price: $0.0016 Funds raised so far: $2.2m and climbing Right now, the presale is at Stage 7, and the CoinMarketCap community seems optimistic about where it’s headed. Since the price keeps increasing with each stage, some investors are getting in to lock in a lower price before the token hits exchanges. You might also like: New Solana gem Catzilla could challenge big players like Litecoin and Polkadot What makes Catzilla different? Plenty of meme coins rely purely on hype, but this one has a few things going for it besides viral appeal: 1. There’s a unique concept A big part of the project revolves around a kaiju-style concept. Its mascot is a giant cat that destroys cities and earns rewards. 2. It’s tapping into multiple communities Catzilla is clearly designed to appeal to more than just crypto traders. The mix of anime, gaming, and meme culture makes it something that could attract: Crypto investors looking for early-stage projects Meme lovers who enjoy viral, internet-driven trends Anime and gaming fans who like the kaiju-inspired theme That mix of audiences could help sustain interest in the long term. 3. There’s a strong focus on community involvement A big part of the project is community engagement, whether it’s through governance voting, staking rewards, or the play-to-earn mechanics in the game. The more people participate, the more active the ecosystem becomes — which could help with long-term sustainability. The time factor The presale is moving along quickly, and since the price keeps increasing in stages, there’s a time factor involved. Like any meme coin, it’s a speculative play — there’s potential for major upside, but also risks, especially in a volatile market. That said, the combination of an actual game, community engagement, and a structured presale makes Catzilla more interesting. Whether it turns into a big winner depends on how well the roadmap is executed, but it’s one to keep an eye on. You might also like: Dogecoin price outlook: Can a potential DOGE dividend spark a rally? Why Catzilla could deliver Dogecoin-level gains Dogecoin’s rise wasn’t just about memes — it was about community-driven power, viral potential, and being in the right place at the right time. Catzilla checks all these boxes and more. Its multi-stage presale ensures steady price appreciation before launch, giving early investors a chance at massive gains. The project’s mix of NFT integration, gaming elements, and staking utilities creates additional demand beyond speculative trading. With a growing fanbase, strong branding, and massive social media traction, Catzilla has all the ingredients to replicate Dogecoin’s legendary price surge. Conclusion With the bull run in full swing, established coins like DOGE show less short-term potential. Catzilla stands out as a meme coin hero, offering a 700% ROI during its presale. With governance features, loyalty rewards, and staking options, it invites crypto enthusiasts, meme fans, and anime lovers to join the fight for financial freedom by acquiring CATZILLA tokens. For more information on Catzilla, visit the website , Twitter , or Telegram Chat . Read more: Chainlink could see 140% gains, this new coin could be the next big thing Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
A recent report from Nansen Research highlights the massive financial consequences of the LIBRA token’s rapid price fluctuations. Between Feb. 14 and Feb. 18, 86% of traders incurred losses totaling $251 million, while a select few secured $180 million in profits. The hype surrounding $LIBRA initially began when Argentina President Javier Milei endorsed the token on Feb. 14. The endorsement, made via a tweet at 22:01 UTC, triggered an immediate surge in price, peaking at $4.55 before swiftly plummeting. By Feb. 18, 70% of wallets trading LIBRA had realized losses, likely due to extreme price volatility. It all started when the current president of Argentina Javier Milei @JMilei published a tweet endorsing a meme coin called LIBRA with a CA. It's goal is to help the "growth of the Argentina economy" and "funding small businesses" pic.twitter.com/FEPuxk8Zpp — Mark Gadala-Maria (@markgadala) February 17, 2025 Wallets making profits amid the chaos Despite the widespread losses, some traders managed to make substantial profits. Two wallets that bought LIBRA at 22:01 UTC on Feb. 14 sold within 43 minutes, generating a combined $5.4 million in profit. One wallet, identified as HyzGo2 , made $5.1 million in those brief 43 minutes. Notably, media personality Dave Portnoy was among the high-profile traders who lost millions on the token. However, Portnoy later received a $5 million refund from the exchange, raising questions about the fairness of exchange responses to prominent traders. According to Nansen , the rapid price fluctuations were largely attributed to Milei’s endorsement, which ignited a speculative trading frenzy. However, the situation worsened when the token was “rugged” by its creator, Hayden Davis, who dismissed it as a meme coin, leaving many investors with significant losses. Crypto.news reported that Milei also deleted his tweet following the backlash, stating that he wasn’t familiar with the project’s details. On-chain data indicates that many of the profitable traders acted quickly. Of the 15,431 wallets that showed gains or losses exceeding $1,000, 2,101 wallets secured a total of $180 million in realized profits. Notably, 57 wallets executed profitable trades, with 37 making more than $1,000 in profit. Screenshot showing losses and profits margins and the number of wallets affected | Source: Nansen Research Additionally, 1,001 wallets are still holding the token with unrealized losses totaling around $11 million, while 71 wallets remain in profit, though significantly reduced to $0.54 million as of Feb. 18 at 8:00 AM UTC. You might also like: Argentina’s LIBRA meme coin crashes, erasing $4.4b after controversial Milei The impact on Solana and broader market sentiment While the token initially surged, the 70% loss rate among wallets trading LIBRA between Feb. 16 and Feb. 18 further underscored its volatility. A significant contributing factor was Milei’s retweet on Feb. 17, which briefly caused another price spike before fully retracing within 24 hours. Amid the turmoil, the Solana network, which underpinned LIBRA, saw a 16% decline in its price, reflecting the broader market impact. The volume of liquidity on Solana dropped from $12.1 billion to $8.29 billion, showcasing the ripple effect of the LIBRA fiasco. You might also like: Binance founder CZ to donate 150 BNB to victims of LIBRA memecoin scam
The US-based stock exchange Nasdaq has proposed introducing new listing and trading rules for digital asset-based investment products. Notably, the proposal focuses on reclassifying the listing and trading of the Hashdex Nasdaq Crypto Index US ETF. What’s Nasdaq Rule 5712? In a recent filing , Nasdaq, the prominent US-based stock exchange, proposed to introduce new rules, called the Nasdaq Rule 5712. The proposal intends to allow the listing and trading of digital asset-based investment interests. Notably, these interests encompass securities issued by entities holding digital assets, as well as investment products derived from commodities, cash, derivatives, or other sources. Significantly, the proposal aims to shift the listing and trading of Hashdex Nasdaq Crypto Index US ETF (NCIQ). Hashdex Nasdaq Crypto Index US ETF is an exchange-traded product fund under the asset manager Hashdex. While the ETP is currently listed under a different rule, the proposal envisions reclassifying it under Rule 5712. The filing read, “This proposal aims to amend representations regarding the investment objective and strategy of the [Hashdex Nasdaq Crypto Index US ETF] made in the rule change previously filed with and approved by the Securities and Exchange Commission relating to the Trust.” Nasdaq and Hashdex Launch NCIQ On February 14, 2025, Nasdaq and Hashdex jointly launched the Hashdex Nasdaq Crypto Index US ETF. The firms introduced the product as the first multi-asset spot crypto exchange-traded product (ETP) available to U.S. investors. Reportedly, the NCIQ provides exposure to both spot Bitcoin and Ethereum. Marcelo Sampaio, Co-Founder and CEO of Hashdex, expressed enthusiasm for the NCIQ launch. Sampaio stated, Alongside our partners at Nasdaq Global Indexes, we are thrilled to take this exciting step in bringing our expertise in crypto index and crypto index-based products to U.S. investors, and we look forward to continuing to deliver innovative crypto index products as the industry and regulatory landscape further evolves. The stock market’s recent move to recategorize the NCIQ coincides with the Brazilian regulators’ approval of Hashdex’s XRP ETF application. This signals the launch of Brazil’s first spot XRP ETF. Stock Market’s Broader ETF Exposure Amid increasing institutional interest in altcoin ETFs, Nasdaq filed 19b-4 forms with the Securities and Exchange Commission (SEC) to introduce CoinShares’ XRP and Litecoin ETFs. The stock market intends to list and trade the altcoin ETFs of asset manager CoinShares. In a recent move, the US SEC acknowledged CoinShares’ XRP ETF application, marking its fourth recognition of an XRP ETF proposal. The SEC has previously acknowledged the XRP ETF applications submitted by Grayscale, 21Shares, and Bitwise. The post Nasdaq Proposes New Rule Change for Digital Asset-Based Investments: Details appeared first on CoinGape .
The U.S. SEC has initiated the evaluation process for CoinShares’ proposals to launch XRP and Litecoin ETFs, marking a pivotal moment in crypto investment strategies. This significant development could open
The price of gold has shot up nearly 45% since February 2024 to $2,927.10 per ounce according to gold.org, but Bloomberg exchange-traded fund (ETF) Analyst Eric Balchunas says “No one cares,” in a post on X. Indeed, gold ETFs have virtually stalled within that same timeframe, while spot bitcoin ETFs have amassed more than $40