In the cryptocurrency space, few tokens operate with a mechanism as quietly deliberate as XRP. While many assets focus on expansion and inflationary tokenomics, XRP is consistently reducing its total supply through protocol-based transaction fees. These fees are not redistributed or reallocated, they are burned permanently. As of now, over 13.9 million XRP have been destroyed. At the current price of $2.16, this represents more than $30 million worth of tokens. Community Perspectives on Long-Term Value A recent post by Cobb (@Cobb_XRPL), a known voice in the XRP community, highlighted this cumulative burn figure. In response, community members emphasized the importance of this reduction as a strategic advantage for XRP in the broader digital finance ecosystem. XRP is deflationary, All transaction fees are simply burned, overtime as volume ramps up the scarcity of XRP quickly increases. So far 13.9M XRP has been burned ($30M) on average 3-4 thousand XRP are burned per day pic.twitter.com/ifdmbhq7cm — Cobb (@Cobb_XRPL) June 8, 2025 One commenter described the process as XRP “quietly burning itself into scarcity,” reinforcing the idea that this mechanism is intentionally driving growth. Every transaction consumes a small amount of XRP , a cost that is irretrievably burned, and he noted that an average of 3,000 to 4,000 XRP are destroyed daily. The long-term implications for the asset’s scarcity are increasingly drawing attention from the XRP community and market observers. Another observer extended the logic further, suggesting that if utility and transaction volume grow consistently, the theoretical endgame of constant burning is total supply depletion. While XRP’s design includes a minimum reserve requirement to prevent account spam and ensure network stability, the commenter’s point underscores a broader perception: the deflationary mechanism gives XRP a built-in scarcity model that contrasts with inflation-prone monetary systems. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Strategic Role in Global Finance Beyond the mathematics of deflation, XRP is also positioned as a utility-driven asset. Another user highlighted its potential role in moving global liquidity, potentially replacing traditional systems like SWIFT . The comment referenced XRP’s connections with regions such as the UAE and BRICS nations , and a belief that the asset is “backed by USA gold.” However, such claims remain speculative without official confirmation. XRP’s value proposition rests in its real-world utility , and its deflationary nature makes it even more valuable. With over 13.9 million XRP already burned and thousands more disappearing each day, this ongoing reduction enhances the asset’s scarcity. As its supply lowers and it gains prominence in global finance, those who invest early will benefit from long-term appreciation. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Is Deflationary: Here’s the Total Number of XRP Burned So Far appeared first on Times Tabloid .
BitcoinWorld MEXC Hits 40M Users with 46% Growth in New Listing Token Trading Volume in May VICTORIA , Seychelles , June 9, 2025 /PRNewswire/ — MEXC , a leading global cryptocurrency exchange, has released its May 2025 performance update, showcasing another strong month of growth across user acquisition, trading activity, and sectoral momentum. The platform’s global user base surpassed 40 million, up from 30 million in December 2024 — a 33% increase in just five months. Key Highlights: User base exceeded 40 million (+33% since Dec 2024 ) 214 new tokens listed in May (+33.7% MoM) Average trading volume per user up 45.09% Top 10 newly listed tokens averaged +2300.95% in peak gains About 40,000 users joined Airdrop+ campaigns Listing Activity and Trading Volume Growth MEXC listed 214 new tokens in May, marking one of the most active listing months to date. Trading volume tied to these listings jumped by 46.7%, while average trading volume per user increased by 45.09% — signaling rising user engagement and growing confidence in MEXC’s early-stage project selection. MEXC’s total daily trading volume reached $4.1 billion according to CoinMarketCap, making it the second-largest platform by trading volume among leading crypto exchanges. Sector Momentum: AI, GameFi, Meme Coins Some of the strongest gains came from sectors that continue to define the next market cycle. AI infrastructure token AGT posted a peak gain of +3,770.10%, followed closely by blockchain gaming project NXPC (+3,756.30%) and PayFi protocol HUMA (+1,170.00%). Meme coins remained a major force in May, with retail-driven tokens from Solana and BNB Chain dominating charts. GOONC surged +3,400%, B gained +3,001.20%, and MOONPIG rallied +753.33%, demonstrating the power of meme communities in driving liquidity and excitement. User Incentives: Airdrops and Launchpools May also marked a record month for user rewards and event participation. MEXC hosted 58 Airdrop+ campaigns, more than doubling the number from April. The combined prize pool exceeded 3 million USDT, attracting nearly 40,000 users. Campaigns like AIOT (7,000+ participants, ~320 USDT value per user) and HUMA (100 USDT in tokens, followed by a 1,170% gain) stood out for their strong user response and post-listing performance. Launchpool events continued to deliver high returns. The ICEBERG pool offered an 8,488.44% APR, while the ongoing EIN Launchpool, open until July 17 , remains attractive due to its high rewards and relatively low participation. Looking Ahead With momentum across listings, incentives, and user growth, MEXC continues to strengthen its position as a global launchpad for high-potential tokens. Strategic focus remains on trending verticals such as AI, Real World Assets (RWA), GameFi, and the TON ecosystem, where user demand and innovation are converging. About MEXC Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding. MEXC Official Website ｜ X ｜ Telegram ｜ How to Sign Up on MEXC This post MEXC Hits 40M Users with 46% Growth in New Listing Token Trading Volume in May first appeared on BitcoinWorld and is written by chainwire
BARRONS: Tariffs Latest: U.S., China Officials Meet in London. Rare Earths Are Focus.
Recently, as the price of XRP has climbed for five consecutive trading days, it broke through the high of $2.25 on June 4, and has recovered nearly 10% from the low of $2.0794 on May 31; at the same time, Polymarket data shows that the probability of XRP spot ETF approval has risen to 88%, and institutional funds are expected to continue to heat up. Driven by market sentiment and liquidity, bullish confidence continues to rise, but price fluctuations have also intensified, and more and more investors are beginning to seek more stable and predictable passive income channels. BJ Mining cloud mining platform relies on AI intelligent scheduling and 100% green energy power generation to provide cloud computing contracts that only require XRP deposits to participate, allowing users to easily start a steady income journey of $6,000 a day. What is BJ Mining Founded in 2015 and headquartered in the UK, BJ Mining is one of the world’s leading cryptocurrency investment service providers. The platform has attracted more than 5 million registered users and focuses on providing individuals and institutions with the most efficient and convenient mining services for mainstream currencies such as Bitcoin, Litecoin, Dogecoin and XRP through cloud mining. Users do not need to purchase mining machines or a large operation and maintenance team. They only need to select computing power contracts online to enjoy transparent benefits with daily settlement and withdrawal at any time. Our goal is to allow every investor, whether a “novice” who has just started or a “veteran” who has been deeply involved in the encryption field, to easily participate in mining dividends and share blockchain dividends in an environment with zero threshold and zero operation and maintenance. Advantages of BJ Mining Free Trial New users who successfully register an account for the first time can get a $15 new user bonus and experience cloud mining for free without risk. Zero threshold to start No need to buy any mining machines, just register and use it, reducing high hardware and electricity costs. Fully transparent settlement The platform promises 0 management fees and 0 hidden fees. You can check the income status with one click in the background, and the income details are clearly visible. Multiple currencies for withdrawal Supports mainstream assets such as DOGE, BTC, USDT-TRC20/ERC20, ETH, XRP, LTC, SOL, BCH, USDC, etc., with zero withdrawal fees. High Invite Friends Rewards Invite friends to register and you can get 3% direct referral reward + 2% indirect referral reward, with no upper limit on the income. Safety and security It uses McAfee® + Cloudflare® dual protection, is fully covered by AIG insurance, and is equipped with 7×24 hours manual online technical support. How to join BJ Mining Click the Register button to complete account registration and receive a $15 new user bonus ; After logging in, select the appropriate cloud computing power contract plan based on your own currency holdings and financial budget; Deposit the corresponding amount of XRP or other supported currencies into the platform and select the contract. The contract will take effect immediately and the passive income will be distributed after 24 hours. The income can be withdrawn at any time, or used to reinvest in higher-level contracts, allowing you to flexibly control asset allocation. Here are a few typical contracts for reference: (For more contract plans, please visit the platform official website .) Conclusion At a time when the XRP market is becoming more volatile, BJ Mining cloud mining platform, driven by intelligent scheduling and green energy, has created a transparent and stable passive income channel for investors. Whether you are a conservative who pursues steady asset appreciation, or a pioneer who hopes to explore more possibilities in the new blockchain ecosystem, BJ Mining can provide you with flexible and diverse computing power services and professional support, helping you to calmly plan and move forward steadily in the digital mining era. For more details, please visit the official website: https://bjmining.com or contact the official email: info@bjmining.com Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post Capitalize on the Ripple (XRP) Rally: Earn Up to 56% Return with BJ Mining’s Green Cloud Contracts appeared first on Times Tabloid .
Pepe’s Dog (ZEUS) memecoin has made a significant leap by debuting on KuCoin, marking its third major centralized exchange listing and reinforcing its growing market presence. The token’s unique IP
BitcoinWorld Ripple Unleashes $200,000 Crypto Grants for Thriving Web3 Japan Scene Exciting news is rippling through the cryptocurrency world, particularly for developers and innovators focusing on decentralized technologies in the East! Ripple , the company behind the digital payment protocol XRP , has just made a significant move to accelerate the growth of the Web3 landscape in Japan. This initiative signals a strong commitment to fostering innovation on the XRPL (XRP Ledger) and supporting the burgeoning ecosystem of decentralized applications and services. What’s Behind Ripple’s Generous Crypto Grants for Web3 Japan? In a move poised to significantly boost the development scene, Ripple has officially announced a new grant program targeting Japanese Web3 projects. The initiative, unveiled through Ripple’s official channels, is a collaborative effort with Web3 Salon, a Japan-based organization dedicated to promoting Web3 innovation. This partnership aims to identify and empower promising projects building on or integrating with the XRPL. The core of this announcement is the financial backing being provided. Ripple is making substantial crypto grants available, offering as much as $200,000 to each selected Japanese Web3 project over the next year. This funding comes directly from the dedicated XRPL Japan and Korea Fund, a strategic fund established to drive innovation and adoption of the XRP Ledger in these key Asian markets. The XRPL Japan and Korea Fund: Fueling Regional Growth The XRPL Japan and Korea Fund is a critical component of Ripple’s broader strategy to expand the utility and reach of the XRP Ledger. Launched previously, this fund is specifically allocated to support projects, partnerships, and initiatives that contribute to the growth of the XRPL ecosystem within these two influential nations. Japan, with its technologically savvy population and increasing interest in blockchain technology, represents a prime market for Web3 development. By channeling funds through this dedicated vehicle, Ripple ensures that resources are focused on initiatives that understand the local market nuances and regulatory environment. The partnership with Web3 Salon adds another layer of local expertise, helping to identify high-potential projects and provide them with the necessary support beyond just financial grants. Why Focus on Web3 Japan Now? Japan has long been a significant player in the global technology and finance sectors. While sometimes perceived as cautious regarding cryptocurrency regulation compared to some other nations, there is a strong undercurrent of innovation and growing interest in Web3 technologies like NFTs, decentralized finance (DeFi), and blockchain gaming. Several factors make Web3 Japan a strategic target for Ripple ‘s investment: Technological Sophistication: Japan has a highly advanced technological infrastructure and a population that is generally receptive to new technologies. Creative Industries: Japan’s strong presence in gaming, anime, and manga provides fertile ground for Web3 applications like NFTs and blockchain-based collectibles. Increasing Developer Interest: A growing number of developers in Japan are exploring blockchain technology and its potential applications. Regulatory Clarity (Emerging): While complex, the regulatory landscape is becoming clearer, providing a more stable environment for businesses to operate. Investing in Web3 Japan is not just about providing funds; it’s about cultivating a community of developers and entrepreneurs who can build practical, impactful applications on the XRPL, driving real-world utility for XRP . How Do These Crypto Grants Benefit the XRPL Ecosystem? The provision of crypto grants is a proven method for stimulating ecosystem growth in the blockchain space. For the XRPL, these grants are expected to yield several key benefits: Increased Development Activity: Financial support lowers the barrier to entry for developers and encourages them to build on the XRPL. Innovation Boost: Grants enable projects to explore novel use cases and push the boundaries of what’s possible on the ledger. New Applications and Services: Funding supports the creation of new dApps, tools, and services that add value to the ecosystem. Enhanced Utility for XRP: Projects building on XRPL often utilize XRP for various functions, potentially increasing its utility and demand. Community Expansion: Supporting local projects helps build a stronger, more engaged community of developers and users in Japan. By investing in Web3 Japan , Ripple is strategically expanding the global footprint of the XRPL and diversifying the types of applications hosted on the ledger beyond its traditional focus on payments. What Kind of Projects Can Hope to Receive Funding? While specific criteria will likely be detailed by Web3 Salon and the XRPL Japan and Korea Fund, typical blockchain grant programs look for projects that demonstrate: Innovation: Novel ideas or unique approaches to solving problems using blockchain. Utility: Projects that offer real-world value or solve a specific need. Feasibility: A clear roadmap and a capable team to execute the project. Alignment with XRPL: Projects that leverage the unique features of the XRP Ledger, such as its speed, low transaction costs, or upcoming smart contract capabilities (via the Hooks amendment). Contribution to the Ecosystem: Projects that can attract users, developers, or businesses to the XRPL. Given Japan’s strengths, we might see a focus on areas like: NFT platforms and marketplaces Gaming and metaverse applications DeFi protocols Supply chain solutions Tools and infrastructure for developers The $200,000 per project amount is substantial and indicates that Ripple is looking to support projects with the potential for significant impact and growth, not just small experiments. This level of funding can truly accelerate a project from concept to launch and scale. Looking Ahead: The Future is Bright for Web3 Japan and XRPL This initiative by Ripple is more than just financial aid; it’s a vote of confidence in the potential of Web3 Japan and the capabilities of the XRP Ledger. As these funded projects develop and launch, they will contribute to a more vibrant, diverse, and robust XRPL ecosystem in the region. The collaboration with Web3 Salon is key, providing not just funding but also potential mentorship, networking opportunities, and guidance navigating the local landscape. This holistic approach increases the likelihood of success for the selected projects. The impact could extend beyond Japan, showcasing the potential of the XRPL for a wide range of Web3 applications and potentially inspiring similar initiatives in other regions. For those following XRP and the XRPL, this is a positive development signaling continued investment in the ledger’s future and utility. In Conclusion: Ripple’s commitment of significant crypto grants through the XRPL Japan and Korea Fund, in partnership with Web3 Salon, marks a pivotal moment for Web3 Japan . By providing up to $200,000 per project, Ripple is directly fueling innovation, encouraging development on the XRPL, and strengthening its presence in a crucial Asian market. This initiative is set to unlock new possibilities, drive adoption, and showcase the versatility of the XRP Ledger for the next generation of decentralized applications. To learn more about the latest crypto market trends, explore our article on key developments shaping the Web3 landscape and institutional adoption. This post Ripple Unleashes $200,000 Crypto Grants for Thriving Web3 Japan Scene first appeared on BitcoinWorld and is written by Editorial Team
Pepe’s Dog memecoin debuts on KuCoin following its recent partnership with the original artist and owner of real-life Zeus. Pepe’s Dog (ZEUS), the memecoin inspired by Pepe the Frog’s iconic dog, has landed its third major CEX listing with its debut on KuCoin . The listing on KuCoin follows previous listings on Poloniex and LBank. While the token’s on-chain contract remains listed as ZEUS, KuCoin will display it under the ticker ZEUSETH due to a ticker duplication issue. ZEUS’s listing marks another milestone in the memecoin ‘s rapid ascent since launch, where it grew from a $50,000 market cap to over $20 million at its peak in late May. At press time, ZEUS holds a market cap of $6.7 million as ZEUS price recovers from its all-time low reached five days ago. It’s currently up 170% since ATL. You might also like: Trending today: Musk-Trump fallout, DOGE dip and new viral memecoin Kori KuCoin’s listing of ZEUS follows the project’s recent announcement that it had formed an IP partnership with ND Haus, the original artist who first illustrated Zeus, the dog featured alongside Pepe in Matt Furie ’s early comic works. Alongside him, Jon “Jagged” Eyrick — the owner of the real-life Zeus — has joined the project as a core contributor and IP rights holder. “Never thought my dog would end up a meme legend, but here we are. Teaming up with ND Haus, the OG artist who first drew Zeus, is surreal. As the guy who built the Binance API and the owner of the real Zeus, it’s wild (and kinda awesome) to see him become the face of a project that actually respects the culture and the roots,” commented Eyrick. This positions ZEUS as the first and only memecoin with direct, authentic ties to the Furie Universe. You might also like: Why memecoin ETFs may be next in line, according to analysts
The post Bitcoin Price Prediction: Will This Week’s CPI Report Trigger a Rally? appeared first on Coinpedia Fintech News Bitcoin traders are on alert this week as U.S.-China trade talks begin and key U.S. inflation and job reports are set to be released. If inflation heats up, it could shake markets and impact Bitcoin’s price. Everyone’s watching closely over what’s next for Bitcoin. Bitcoin slightly recovered today and is currently trading at $107,423, up 1.8% in the past day. It traded flat near $105,650 after forming a doji candle on Sunday. Its network activity has also slowed with daily on-chain transactions dropping to a one-year low, according to Blockchain.com . Altcoins like XRP and DOGE also fell 1-2%. But they have recovered slightly today and are trading in green. Bitcoin Stuck In a Tight Range QCP Capital in a latest note shared that traders are keeping a close eye on Bitcoin as it stays stuck in a tight range heading into the summer. Even though implied volatility is at 1-year lows and looks cheap, actual price moves are even smaller. Historically, the short term volatility usually drops more by July, just like last year when Bitcoin struggled to break $70K and the volatility fell sharply. They pointed out that if Bitcoin breaks below $100K or jumps above $110K, it could spark fresh interest in the market. But for now, there is no clear event to push it that way. While the recent macro news caused quick and short live reactions for a moment, but those moves quickly faded without any lasting effect. Bitcoin Up For a Big Move In the Long Term? After the strong US jobs report boosted the stock market and caused gold prices to fall, Bitcoin was mostly unchanged and showed signs of slowing down. The trading activity in Bitcoin futures is increasing and fewer investor are putting money into Bitcoin ETFs. Traders are now betting on Bitcoin to do well later in the year, not anytime soon. Bitcoin might be gearing up for a move higher as fresh data shows a big liquidity zone around $106,736. These zones often pull price action like a magnet, and with BTC already testing $105K, a breakout could be on the way. New All-time Highs Soon? Also, Bitcoin’s realized profit/loss has dropped 90% since June 4, which means that fewer investors are selling at a loss. This reduces the selling pressure and supports a potential rise. With Bitcoin showing no clear direction on the daily chart, analysts believe that it might dip further before making a move toward new all-time highs. Analsyts at Swissblock warn that rising inflation could trigger volatility, and BTC may test support around $104K. Analyst Mickybull Crypto also sees a possible drop to $101,500 due to a head-and-shoulders pattern. If BTC loses the $100K level, it could face a deeper correction. ““Short-term correction, then new all-time highs,” he said. Bitcoin, what is the plan? Inflation data in the week ahead could unleash volatility. Bulls are slowly rebuilding structure and regrouping, eager to flip the game. First steps are in, but a short-term test of the lower range ($104k) looks likely. Stay sharp. pic.twitter.com/PI6HBSVyhL — Swissblock (@swissblock__) June 9, 2025 Analysts say that any price dip will be short-lived because the long-term uptrend is strong. Once it breaks the 2021 trendline, it could quickly climb to $140K–$150K. Bitcoin’s weekly chart also shows strong bullish signs with both a cup-and-handle and a bull flag pattern, pointing to a possible breakout above $109,000. These patterns suggest BTC could surge about 35%, reaching around $143,000. Key Events This Week- Market optimism is high as the U.S. China trade talks kick off in London, with Trump saying the meeting “should go very well.” All eyes are now on Wednesday’s US inflation report to see if the tariffs are pushing prices higher. If inflation is hotter than expected, it could reduce chances of Fed rate cuts and shake up markets. The job reports on Thursday is also a key event which the traders are watching closely for any signs.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. AVAX and LINK backers are quietly piling into XYZVerse, a rising memecoin blending sports fandom with crypto momentum, and eyeing a 30x return. Table of Contents Can XYZVerse deliver a 30x return? Here’s what to watch Avalanche struggles Chainlink continues dip Conclusion Investors known for backing AVAX and LINK are turning their attention to a new cryptocurrency that’s generating quiet buzz. This emerging digital asset is being discreetly accumulated ahead of a potential significant surge in value. The silent move by savvy investors is stirring curiosity, hinting at a possible major rally that could yield remarkable returns. Can XYZVerse deliver a 30x return? Here’s what to watch XYZVerse is making its entry into the memecoin arena at a time when community-driven tokens are at the forefront of speculative interest. The success of projects like PEPE, Dogwifhat, and Bonk has shown that strong branding, viral momentum, and engaged communities can propel memecoins to staggering highs. With altcoin season gaining traction, investor appetite is shifting toward low-cap opportunities, especially presale tokens with a compelling narrative. Positioned at the intersection of sports culture and crypto hype, XYZVerse could be next in line if it maintains momentum post-launch. Strong branding and sports influencer ties: Built around athlete culture and competition, XYZVerse taps into a massive fanbase and virality potential. Deflationary tokenomics: With 17.13% of the token supply burned, XYZ introduces scarcity from the start. Solid liquidity backing: 15% of the supply is allocated to liquidity, ensuring smoother price discovery after launch. Community incentives: 10% of tokens are set aside to reward holders and boost engagement. Price forecast for XYZ Current presale price: $0.003333 Projected launch target: $0.10 (30x ROI based on internal forecasts) Possible early ATH: $0.15 – $0.25 (driven by exchange listings and FOMO) Long-term outlook: $0.20 – $0.40 (contingent on growth, partnerships, and ecosystem expansion) Could XYZ really 30x? While a 30x return is speculative, it’s not out of reach. Several conditions could make this trajectory possible: Tier-1 listings – Appearances on platforms like OKX, KuCoin, or Binance would provide major exposure and instant liquidity. Community growth – Memecoin value thrives on viral attention. If XYZVerse leverages its influencer network well, engagement could spike. Market tailwinds – In a bullish altcoin cycle, lower-cap tokens like XYZ often outperform. XYZVerse has the framework to achieve exponential growth. If the team executes its marketing strategy effectively, secures listings, and sustains community hype, the $0.10+ milestone, representing a 30x jump from presale, may not just be a fantasy. You might also like: From $0.003333 to $1 in 2 years? XYZVerse coin could deliver massive returns, overtaking Bitcoin Avalanche struggles Source: TradingView Avalanche ( AVAX ) has faced notable declines in recent months. Over the past six months, its price has dropped by 62.41%. In the last month, AVAX decreased by nearly 3%, and over the past week, it saw a sharp decline of over 12%. Currently, the coin trades between $19.00 and $23.55, reflecting significant volatility. Technical indicators present mixed signals for AVAX. The Relative Strength Index (RSI) is at 46.73, near neutral territory. The Moving Average Convergence Divergence (MACD) level at -0.2800 suggests bearish momentum. AVAX is hovering around its 10-day Simple Moving Average (SMA) of $19.05 but remains below the 100-day SMA of $20.59, indicating possible short-term consolidation. If AVAX breaks above the nearest resistance at $26.22, it could target the second resistance at $30.77, offering a potential increase of around 35%. Conversely, if it falls below the support at $17.12, it may test the next support at $12.56, implying a further drop of about 27%. Traders should monitor these levels closely. Chainlink continues dip Source: TradingView Chainlink ( LINK ) has experienced significant fluctuations recently. Over the past six months, its price has dropped by 46.67%. In the last month, it decreased by 4.29%, and just this past week, it fell by 11.92%. Currently, LINK is trading between $12.93 and $15.69, reflecting ongoing volatility in the market. Technical indicators show a mixed outlook. The Relative Strength Index (RSI) is at 44.56, suggesting that the asset is moving toward oversold territory but hasn’t reached it yet. The Simple Moving Average over 10 days is $13.07, slightly below the 100-day average of $13.88. This positioning can be interpreted as a bearish sign. The MACD level sits at -0.1741, indicating potential downward momentum, while the Stochastic indicator is at 53.62. Key price levels are drawing attention. The nearest resistance level is $17.32, and the nearest support is $11.79. Breaking above the resistance could signal a rise of around 33% from current levels, while dropping below support might lead to a decline of about 9%. The second resistance and support levels are at $20.09 and $9.02, respectively. These markers suggest that LINK could experience significant moves if these levels are tested. Conclusion AVAX and LINK are performing well, but investors are now turning to XYZVerse, a pioneering sports memecoin aiming for 20,000% growth in the current bull market. To learn more about XYZ, visit the website , Telegram , and Twitter. Read more: SUI, XMR market outlook turns bullish, but XYZVerse could offer bigger upside Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
June 9, 2025 — Jefferies has officially initiated coverage on eToro ($ETOR) with a Buy rating and a 12-month price target of $80, implying a 16% up...