The post XLM Price Breaks Out: Is $1.59 the Next Stop? appeared first on Coinpedia Fintech News The XLM price has made a strong comeback in July, as the crypto registered a 75% surge over the past week and 86% in the past two weeks, outperforming many top assets in the sector. With ecosystem upgrades pending voting, rising institutional interest, and experts being very optimistic, the project is very attractive. Even experts believe XLM price action also turned attractive and appears poised for a potential move toward $1.59. XLM Price Action Signals Strong Momentum According to the most recent data from XLM’s daily chart, its price soared by 35% in just 24 hours, reaching $0.4021 and touching a key resistance level that was previously seen in early 2025. Confirming the bullish momentum, even its trading volume recently jumped past $2.73 billion, and the market cap amounted to $12.50 billion, which reflects rising trader and investor demand. Much of this momentum is attributed to growing market-wide optimism following the recent Bitcoin price rally to an all-time high around $118K. But beyond general sentiment, Stellar’s price spike has been accelerated by technical and fundamental developments within its own ecosystem. Protocol 23 Upgrade Triggers Bullish Sentiment The upcoming Protocol 23 upgrade on Stellar’s Soroban smart contract platform is a fundamental factor within its own ecosystem, driving recent investor interest. The proposal will be voted on August 14, 2025, for the Soroban smart contract platform. Once approved via voting in Q3, it will introduce optimizations to transaction execution and state management, aiming to enhance the overall network performance. This anticipated upgrade comes amid a broader expansion of Stellar’s real-world applications. Similarly, Stellar has recently become an increasingly popular choice for cross-border payroll, thanks to its low fees, fast settlement, and programmable asset issuance. Even institutions like Franklin Templeton tokenized a massive amount worth $446 million in U.S. Treasuries on Stellar. Also, integrations like PayPal’s PYUSD are driving demand for XLM. Additionally, Stellar’s Total Value Locked (TVL) in DeFi rose to an all-time high in the last 24 hours alone, reaching $122.4 million, according to DeFiLlama . Technical Indicators and Analyst Forecasts Technically, the XLM price has broken above a multi-year descending trendline dating back to 2021, which has triggered what analysts describe as an impulsive rally. Analyst Javon Marks identified $0.681 as the next resistance level, with the potential to extend to $1.2918 if bullish pressure continues. $XLM en route to $1.59 https://t.co/BTBuL4d7Y9 pic.twitter.com/FKxHgOX21f — ChartNerd (@ChartNerdTA) July 12, 2025 Complementing this view, ChartNerdTA recently shared a chart on X, showing a breakout from a flag formation. He predicts XLM could push even further, with $1.59 as a potential upside target in the coming weeks.
BitcoinWorld Swedish Bitcoin Treasury Capital: A Strategic Accumulation of 4.4 BTC Signals Confidence The world of digital assets continues to evolve at a rapid pace, with traditional finance increasingly recognizing the long-term value proposition of cryptocurrencies. In a recent development that underscores this growing trend, Bitcoin Treasury Capital , a Swedish-listed company dedicated to holding Bitcoin as a treasury asset, announced another significant purchase. This time, the firm added an additional 4.4 BTC to its reserves, bringing its total holdings to 152 BTC as of July 11. This seemingly modest acquisition is more than just a transaction; it’s a powerful signal of sustained confidence and a testament to the ongoing trend of institutional integration of Bitcoin into corporate balance sheets. Understanding Bitcoin Treasury Capital and Its BTC Accumulation Strategy Bitcoin Treasury Capital isn’t your average investment fund. It’s a company specifically designed to provide investors with exposure to Bitcoin through a publicly listed entity. This unique structure offers a regulated and transparent way for individuals and institutions to participate in the Bitcoin market without directly managing the complexities of self-custody or navigating less regulated exchanges. Their consistent BTC Accumulation strategy, exemplified by this latest 4.4 BTC purchase, highlights a long-term conviction in Bitcoin’s role as a store of value and a potential hedge against inflation. Why do companies like Bitcoin Treasury Capital opt for this strategy? Here are a few key reasons: Long-Term Vision: They believe in Bitcoin’s potential for significant appreciation over time, viewing it as a superior asset for treasury management compared to traditional fiat currencies, which are susceptible to inflation. Diversification: Adding Bitcoin to a corporate treasury diversifies assets beyond traditional stocks, bonds, and cash, potentially reducing overall portfolio risk. Institutional Appeal: By operating as a listed company, they offer a familiar and accessible entry point for institutional investors who might otherwise be hesitant to directly engage with the crypto market. Transparency: Regular announcements of their holdings, like the one made via X, provide transparency to their shareholders and the broader market, building trust and confidence. The Broader Trend of Corporate Bitcoin Holdings The move by Bitcoin Treasury Capital is part of a much larger and increasingly significant global trend: the adoption of Bitcoin by corporations for their treasury reserves. While pioneers like MicroStrategy famously led the charge, accumulating tens of thousands of BTC, a growing number of public and private companies are following suit, albeit often on a smaller scale. This shift represents a maturation of the Bitcoin ecosystem, moving beyond individual retail speculation to legitimate corporate financial strategy. Consider the impact of these Corporate Bitcoin Holdings : Validation of Bitcoin: Each company that adds Bitcoin to its balance sheet lends further credibility to the asset, transforming it from a niche digital curiosity into a recognized financial instrument. Increased Liquidity and Stability: As more companies hold Bitcoin for the long term, it can contribute to market stability by reducing the circulating supply available for short-term trading. New Investment Avenues: The existence of treasury companies creates new, regulated investment vehicles for those seeking exposure to Bitcoin without direct ownership. This trend is not without its challenges, including Bitcoin’s inherent price volatility and evolving regulatory landscapes. However, the benefits of potential long-term growth and inflation hedging are proving to be compelling enough for forward-thinking companies to embrace this new asset class. Sweden’s Progressive Stance: A Hub for Swedish Bitcoin Investment? It’s particularly interesting that Bitcoin Treasury Capital hails from Sweden. Sweden has a unique position in the global financial landscape, often lauded for its technological adoption and progressive approach to digital innovation. While the country’s central bank, the Riksbank, has been exploring its own central bank digital currency (CBDC), the e-krona, its private sector has also shown a notable openness to decentralized digital assets. This environment fosters a fertile ground for Swedish Bitcoin Investment . The presence of a listed company like Bitcoin Treasury Capital suggests a level of regulatory clarity or at least acceptance that allows such ventures to thrive. This contrasts with some other nations where regulatory uncertainty can stifle innovation in the crypto space. Sweden’s digital-first mindset and high rates of digital payment adoption may also contribute to a greater understanding and acceptance of cryptocurrencies among its populace and businesses. Unpacking the Significance: What Does This Mean for Institutional Bitcoin Adoption? The consistent purchases by companies like Bitcoin Treasury Capital are critical indicators of the broader movement towards Institutional Bitcoin Adoption . While 4.4 BTC might seem like a small amount compared to the vast sums traded daily, it’s the consistency and the underlying strategic intent that truly matter. It signifies that Bitcoin is no longer just a speculative asset but is increasingly viewed as a legitimate component of a well-diversified corporate treasury. Key takeaways for the future of institutional adoption: Diversification Beyond Traditional Assets: Institutions are actively seeking alternatives to traditional fiat and bonds, especially in an era of quantitative easing and inflation concerns. Growing Confidence in Custody Solutions: The rise of secure, institutional-grade custody solutions makes it safer for companies to hold significant amounts of Bitcoin. Maturing Regulatory Frameworks: As regulations slowly become clearer in various jurisdictions, it reduces risk and encourages more traditional financial players to enter the space. Educational Shift: There’s a growing understanding among corporate boards and financial managers about Bitcoin’s fundamental properties and its potential long-term value. Each new company, big or small, that publicly adds Bitcoin to its balance sheet contributes to a network effect, making it more acceptable and even expected for others to consider doing the same. This incremental accumulation by various entities builds a robust foundation for Bitcoin’s long-term integration into the global financial system. Conclusion: A Steady March Towards Digital Asset Integration The latest acquisition of 4.4 BTC by Bitcoin Treasury Capital , while a single data point, is a compelling piece of evidence in the larger narrative of Bitcoin’s journey into mainstream finance. It reinforces the idea that companies, particularly those with a forward-thinking approach, are increasingly comfortable with and committed to holding digital assets as part of their treasury strategy. This ongoing BTC Accumulation by entities like Bitcoin Treasury Capital from Sweden signifies not just a belief in Bitcoin’s future price appreciation, but a strategic decision to embrace a new paradigm of corporate finance. As more companies follow this path, the landscape of global treasury management will undoubtedly continue to transform, with Bitcoin playing an ever more central role. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin institutional adoption. This post Swedish Bitcoin Treasury Capital: A Strategic Accumulation of 4.4 BTC Signals Confidence first appeared on BitcoinWorld and is written by Editorial Team
The post XRP Could Hit $22 by December 2025? Top Analyst Says Soo! appeared first on Coinpedia Fintech News Ripple’s native token, XRP, has just climbed to the third spot in the global crypto rankings, sitting right behind Bitcoin and Ethereum, with its market cap reaching $164.29 billion. At the same time, popular crypto influencer Alex Cobb has made a bold prediction, saying XRP could hit $22.54 by December 2025. But what makes him so confident that XRP can reach this level? Analyst Predicts XRP Price to Hit $22 In his recent post, Cobb used humor to send a serious message. He shared a meme showing XRP skeptics regretting their decision as the coin rises above $22.54. It was a playful way to say something clear, don’t ignore XRP’s potential. If XRP reaches that price, it would mean a massive 8X jump, or about 767% gain from where it is now. Such a rise could push XRP’s market value to around $1.32 trillion, possibly putting it ahead of Ethereum as the second-largest crypto. XRP sideliners in December 2025 when its $22.54 pic.twitter.com/bwwtnseUcv — Cobb (@Cobb_XRPL) July 11, 2025 Even veteran trader Peter Brandt, once critical of XRP, now believes it could hit a $502 billion market cap, and some believe it could go even higher. History of Proving Doubters Wrong This isn’t the first time XRP has shocked those who doubted it. Between November 2024 and January 2025, XRP surged by 7X, forcing well-known critics to rethink their positions. Even Davinci Jeremie, a die-hard Bitcoin fan, admitted XRP could climb past $20, recognizing the community’s strong push and Ripple’s progress. Whales Buying More XRP Recently, XRP whales have accumulated a massive amount of XRP. Right now, 2,743 wallets each hold over 1 million XRP, the highest number ever. These wallets now control nearly half of all XRP in circulation. Meanwhile, this big buying wave comes as XRP hit $2.80 after a strong 10% daily jump. The price spike also forced $31 million in short positions to close, catching bearish traders off guard. After hitting $2.97 , XRP pulled back but found support at $2.70. It’s now holding above $2.75. If buyers push it past $2.90 with good volume, XRP could reach $3.20 or higher soon.
While Bitcoin (BTC) rips through fresh all-time highs, climbing above $118K and $120K within reach, the metrics of the rally are getting far more complex than just bullish sentiment. On-chain data shows an emerging imbalance in supply and demand reminiscent of late 2020. BTC price is now up by 105% over the last year and leading the altcoins with massive bullish sentiments. The cumulative crypto market cap is nearing the $3.7 trillion mark with a 24-hour trading volume of around $163 billion. At the same time, Bitcoin dominance is on the high side of 64%, and the fear and greed index is flashing “Greed” among traders. Miners can’t keep up with demand As per the Glassnode data, wallets holding less than 100 BTC are now accumulating Bitcoin at a combined pace of 19,300 BTC per month. This number is already 6,000 more BTC than miners are issuing monthly (13,400 BTC). It added that this wide base of retail and high-net-worth holders is absorbing more than 100% of the net new supply. If some Bitcoin remains in the market, then ETFs , institutions, or treasuries are gobbling up the rest. Bitcoin balance on exchanges is also dropping, and the supply shock is getting real. Exchange balances are falling, long-term holders are growing, and miner issuance is unable to keep up. Long-term holders (LTHs) are absorbing more BTC than miners can mint, and they’re not even thinking about selling. Source: Coinglass The Net Unrealized Profit/Loss (NUPL) for long-term holders is currently sitting at 0.69, which is below the threshold red zone of 0.75. In the last cycle, the market spent 228 days in the euphoria zone, and this cycle, just 30 days. Even short-term holders, the classic profit-takers, are yet to show any signs of dumping. Their average entry price is around $100,000, which means they’re sitting on 17-18% gains. Bitcoin boom turns corporate heads There’s the macro picture, which implies that Bitcoin isn’t just gaining in price, it’s gaining legitimacy. Institutional investors are leaning in while corporates are converting cash into BTC. Michael Saylor’s Strategy (MSTR) turns out to be the poster child of corporate Bitcoin accumulation. It now owns nearly 600,000 BTC and holds a $28 billion paper profit. Only Satoshi and BlackRock hold more than MSTR. But unlike BlackRock, which holds BTC via its ETF ( IBIT ) on behalf of investors, Strategy holds BTC outright on its balance sheet. Saylor isn’t shy about it, and when BTC hit an all-time high yesterday, he posted: “The halls of eternity echo with the cries of those who sold their Bitcoin.” Other companies are riding the same wave. Japan’s Metaplanet owns over 15,500 BTC, now worth nearly $1.83 billion, up from $284 million. El Salvador, the original Bitcoin nation, now holds 6,234 BTC, valued at $733 million, with a $232 million paper profit. Semler Scientific (SMLR) has followed the BTC-on-balance-sheet strategy too. It hodls 4,636 BTC and $160 million in gains. France’s Blockchain Group is in the mix with 900 BTC, up $30.5 million on paper. This rally wasn’t isolated to Bitcoin. Ethereum broke the $3,000 mark again, and XRP, SOL, DOGE are all rallying with it. XRP price spiked by 25% in the last 7 days. It is trading at an average price of $2.78 at press time. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
Major cryptocurrencies, excluding XRP, registered moderate losses as President Donald Trump announced fresh tariffs on imports from Mexico and the European Union (EU). The President slapped 30% levy on the two trading partners, which will take effect from Aug. 1, according to letters Trump posted on his Truth Social account. "Mexico has been helping me secure the border. BUT, what Mexico has done, is not enough," Trump wrote in a letter to Mexican President Claudia Sheinbaum. In another letter to European Commission President Ursula von der Leyen, Trump called the relationship with the EU far from reciprocal. Early this week, Trump issued new tariffs for several countries, including South Korea, Japan, Canada and Brazil, along with a 50% tariff on copper, triggering volatility in the market for the red metal. Bitcoin (BTC), the leading cryptocurrency by market value, traded around $17,400 following Trump's announcement, down 0.6% from the European session high of $18,200. Prices have failed to establish a foothold above $118,000 multile times since Friday's early Asian trading hours, CoinDesk data show. Ether (ETH), the second-largest token, traded 1% lower on the day (UTC) at $2,930, having put in an indecisive doji candle Friday. Solana's SOL and DOGE traded over 2% lower while BNB was down 0.7%. Meanwhile, payments-focused XRP traded relatively resilient, flashing a 1.78% gain as of writing. The weak tone followed intense bullish price action mid-week that saw BTC blow past the long-held resistance at $110K, prompting renewed risk-taking in the broader crypto market. Some analysts anticipated a continued indecisive price action over the weekend. "Expectations this weekend are we chop around in tight range today. Then Asia comes in late on Sunday evening and buys ALL the Bitcoin, and we break through $120k," the founders of the newsletter service LondonCryptoClub said on X.
BitcoinWorld FTX Asset Transfer: Crucial $31.17M SOL Move to BitGo Unveils New Era of Custody The cryptocurrency world is buzzing with the latest development from the defunct FTX and Alameda Research entities. A significant FTX asset transfer has caught the attention of market observers, as a staking address associated with these entities moved a staggering 189,800 SOL tokens, valued at approximately $31.17 million, to BitGo Custody. This isn’t just another transaction; it’s a crucial step in the ongoing saga of asset recovery and redistribution for the collapsed crypto empire, signaling strategic moves by the FTX estate. What Does This FTX Asset Transfer Mean for the Market? According to data from Arkham, this substantial transfer of SOL tokens occurred about eight hours ago, highlighting the continuous efforts by the FTX bankruptcy estate to consolidate and secure its remaining assets. For many, this move brings back memories of the dramatic collapse of FTX and Alameda Research, which sent shockwaves through the entire crypto ecosystem. The estate’s primary objective remains clear: recover as much value as possible for the defrauded creditors. Moves like these are pivotal in that complex process. Understanding the implications of such a large transfer requires looking beyond just the numbers. It speaks to the estate’s strategy for managing its vast and varied digital asset holdings. Is this a precursor to liquidation, or simply a measure to ensure the security of funds while other legal and financial processes unfold? The market watches closely, as any major movement from the FTX estate can trigger speculation and price fluctuations, especially for the assets involved. Alameda Research’s Legacy and Asset Management Challenges The name Alameda Research is synonymous with the speculative and often high-risk trading strategies that ultimately contributed to the downfall of the FTX empire. As the sister company to FTX, Alameda held a diverse and often complex portfolio of digital assets, including significant stakes in various blockchain projects and tokens like SOL. The current task of the FTX estate involves untangling this intricate web of assets, identifying legitimate holdings, and bringing them under secure, centralized control. Managing the assets of a bankrupt entity of this scale presents unique challenges: Identification and Recovery: Locating all digital assets, which were often spread across various wallets, exchanges, and DeFi protocols. Valuation Volatility: The inherent volatility of cryptocurrencies means the value of recovered assets can fluctuate wildly, impacting the total amount available for creditors. Security Concerns: Protecting recovered assets from further hacks or mismanagement, a critical lesson learned from FTX’s original collapse. Legal Complexities: Navigating various legal jurisdictions and claims from creditors worldwide. This latest transfer of SOL tokens indicates progress in addressing these challenges, moving assets from potentially less secure or less controlled environments into institutional-grade custody. The Significance of the SOL Token in FTX’s Portfolio The SOL token , native to the Solana blockchain, has a particularly intertwined history with FTX and Alameda Research. Sam Bankman-Fried, the founder of both entities, was an early and vocal supporter of Solana, investing heavily in its ecosystem and integrating it deeply within FTX’s operations. This strong historical connection meant that FTX and Alameda accumulated a substantial amount of SOL, making it one of their most significant holdings. The sheer volume of SOL involved in this transfer – nearly 190,000 tokens – underscores its importance to the FTX estate. While the movement to a custodian like BitGo suggests a focus on security rather than immediate sale, the market remains sensitive to any indication of future liquidation. Large sales of SOL by the FTX estate have previously exerted downward pressure on the token’s price, given the potential for supply shock. However, the use of a qualified custodian could also be seen as a sign of a more methodical and less disruptive approach to asset management, aiming to maximize recovery value over time. Why BitGo Custody? The Importance of Institutional-Grade Security The choice of BitGo custody for this substantial transfer is not arbitrary; it speaks volumes about the FTX estate’s commitment to secure and compliant asset management. BitGo is a leading provider of institutional-grade digital asset security and custody solutions, trusted by major financial institutions and crypto businesses worldwide. Their services typically include: Multi-Signature Wallets: Requiring multiple keys for transactions, significantly reducing the risk of single points of failure. Cold Storage: Keeping a significant portion of assets offline to protect against cyber threats. Regulatory Compliance: Adhering to stringent regulatory standards, which is crucial for a bankruptcy estate under intense scrutiny. Insurance: Offering insurance policies for digital assets, providing an additional layer of protection. In the wake of FTX’s catastrophic failure, largely attributed to mismanagement and lack of proper internal controls, entrusting assets to a reputable third-party custodian like BitGo is a vital step towards restoring confidence and ensuring the integrity of the recovery process. It demonstrates a move away from the risky, self-custody practices that plagued the former exchange and towards industry best practices for institutional asset protection. Navigating the Crypto Market Impact of Major FTX Moves Any significant movement of assets from the FTX/Alameda estate inevitably generates discussion about its potential crypto market impact . While a transfer to a custodian is distinct from a sale, it often precedes future liquidation events. The market’s primary concern revolves around the possibility of a large supply of tokens, particularly SOL, being dumped onto exchanges, potentially driving down prices. However, the FTX estate has shown signs of a more measured approach in previous liquidations, often opting for over-the-counter (OTC) deals or structured sales to minimize market disruption. The transfer to BitGo could be part of a strategy to prepare for such controlled sales, rather than an immediate market dump. This measured approach aims to maximize returns for creditors, acknowledging that sudden, large-scale liquidations can devalue the very assets they are trying to recover. For investors, it’s crucial to differentiate between a transfer for security purposes and an an actual liquidation. While the former is a necessary step in asset management, the latter directly affects market supply. Keeping an eye on official announcements from the FTX estate and monitoring on-chain movements remains key to understanding the evolving situation and its potential effects on the broader crypto market. Challenges and the Road Ahead for FTX Asset Recovery The path to full creditor repayment for FTX is long and fraught with challenges. Market volatility remains a significant hurdle, as the value of the recovered assets can swing dramatically. Legal battles, conflicting claims, and the sheer complexity of managing a multi-billion dollar bankruptcy across various jurisdictions add layers of difficulty. However, the consistent efforts to consolidate and secure assets, as exemplified by this SOL transfer, indicate a determined approach by the new management to fulfill its obligations. Actionable Insights for Crypto Investors Stay Informed: Follow official announcements from the FTX bankruptcy estate and reputable on-chain analytics providers. Distinguish Between Transfer and Sale: Understand that moving assets to a custodian is often a security measure, not an immediate sale. Assess Market Sentiment: Observe how the broader crypto market reacts to news of FTX asset movements and potential liquidation plans. Consider Long-Term Outlook: While short-term volatility can occur, the long-term impact of FTX’s recovery efforts on the market might be more about regulatory clarity and institutional trust. In conclusion, the FTX asset transfer of $31.17 million in SOL to BitGo Custody is more than just a data point; it’s a critical indicator of the FTX estate’s methodical progress in its immense asset recovery mission. It underscores the ongoing efforts to secure and manage the legacy of Alameda Research ‘s holdings, particularly the substantial stake in the SOL token . The choice of BitGo custody highlights a commitment to institutional-grade security and compliance, aiming to restore trust in a process that has been marred by historical mismanagement. While the potential for crypto market impact remains a key concern, the measured approach adopted by the estate suggests a strategic effort to maximize creditor recovery while minimizing disruption. This move is a testament to the complex, yet crucial, journey of restoring order from the chaos of one of crypto’s most significant collapses. To learn more about the latest crypto market trends, explore our article on key developments shaping cryptocurrency price action. This post FTX Asset Transfer: Crucial $31.17M SOL Move to BitGo Unveils New Era of Custody first appeared on BitcoinWorld and is written by Editorial Team
Large meme coins remain in green as cryptocurrency market takes breath before next leg up
BitcoinWorld Pudgy Penguins Soar: OpenSea’s Strategic Embrace Signals Major NFT Trend In a fascinating turn of events that has sent ripples across the digital asset landscape, two titans of the cryptocurrency world, OpenSea and Coinbase, have made a striking statement by updating their official X (formerly Twitter) profile pictures to feature a Pudgy Penguin NFT. This isn’t just a simple change of avatar; it’s a powerful signal, a nod to a rapidly evolving culture, and a potential harbinger of new trends in the NFT Marketplace . What exactly does this strategic adoption signify for the broader Web3 ecosystem, and why are these adorable, flightless birds capturing the attention of industry giants? Pudgy Penguins Taking Over X: A Strategic Move? The recent profile picture changes by OpenSea and Coinbase featuring Pudgy Penguins have sparked considerable discussion within the crypto community. OpenSea, the world’s leading NFT marketplace, made the switch first, followed by crypto exchange giant Coinbase. This isn’t the first time a brand has adopted an NFT as its face, but the prominence of these two entities lends significant weight to the action. Pudgy Penguins, a collection of 8,888 unique NFTs, have long been a beloved project in the NFT space, known for their vibrant art, strong community, and increasing real-world utility through initiatives like their toy line and licensing deals. So, why Pudgy Penguins? It’s more than just aesthetics. The project has cultivated a reputation for: Strong Community Engagement: The ‘Huddle’ (Pudgy Penguins community) is known for its passionate and loyal members. Innovative IP Expansion: Beyond digital collectibles, Pudgy Penguins have ventured into physical toys and broader intellectual property (IP) licensing, bridging the digital and physical worlds. Resilience in Bear Markets: While many NFT projects struggled, Pudgy Penguins maintained a relatively strong floor price and continued to build, demonstrating robustness. This move by OpenSea and Coinbase is a public endorsement, signaling alignment with a project that embodies resilience, community, and innovation – qualities highly valued in the Web3 space. What Does This Mean for the OpenSea NFT Ecosystem? As the dominant NFT Marketplace , OpenSea’s choice of a Pudgy Penguin as its public face on X carries immense weight. OpenSea is not just a platform; it’s often seen as a barometer for the health and direction of the NFT market. By adopting a Pudgy Penguin, OpenSea is: Signaling Confidence: It’s a vote of confidence in the long-term viability and cultural impact of the Pudgy Penguins collection. Community Alignment: It demonstrates OpenSea’s understanding and alignment with the preferences and aesthetics of its core user base – the NFT collectors and enthusiasts. Driving Attention: This simple act draws immediate attention to the Pudgy Penguins collection, potentially increasing trading volume and interest on the OpenSea platform itself. For an OpenSea NFT , being endorsed by the platform itself is akin to a major brand featuring a specific product on its homepage. It legitimizes the collection further and solidifies its status as a blue-chip NFT project. This strategic move by OpenSea reinforces its position not just as a trading hub, but as a cultural participant in the Web3 narrative. The Strategic Play for an NFT Marketplace: Beyond a Profile Picture For an NFT Marketplace like OpenSea, every public action is scrutinized. Changing a profile picture to a specific NFT collection is far from a casual decision. It’s a calculated Web3 Marketing strategy designed to achieve several objectives: Brand Affinity: By aligning with a popular and respected NFT collection, OpenSea strengthens its brand affinity within the NFT community. It shows they are ‘in tune’ with the culture. Trendsetting: Major platforms often set trends. This move could encourage other Web3 companies or even traditional brands looking to enter the space to consider similar NFT-based branding strategies. Engagement & Virality: The move itself generates buzz and discussion, providing free marketing and increasing visibility on platforms like X. It’s a highly shareable moment. This type of organic, community-driven marketing is often more effective in the Web3 space than traditional advertising. It speaks directly to the audience’s values and interests, building trust and loyalty. The Power of Web3 Marketing: A New Era of Brand Building? The adoption of Pudgy Penguins by OpenSea and Coinbase is a prime example of the evolving landscape of Web3 Marketing . In the decentralized world, traditional advertising methods often fall flat. Instead, authenticity, community engagement, and genuine participation are key. This move showcases: Traditional Marketing Web3 Marketing Top-down, broadcast messaging Community-led, interactive engagement Focus on external messaging Focus on internal cultural alignment Paid advertising campaigns Organic brand endorsement via digital assets Limited audience participation High audience participation and co-ownership By embracing an NFT collection as a brand identity, companies are not just buying an image; they are buying into a community, a narrative, and a shared cultural artifact. This creates a deeper connection with their audience, transforming passive consumers into active participants and advocates. It’s a testament to the power of digital identity and collective ownership in the new internet. Crypto Brand Adoption: Setting New Standards for Identity The decision by major players like OpenSea and Coinbase to integrate Pudgy Penguins into their brand identity marks a significant moment for Crypto Brand Adoption . It moves beyond simple partnerships or sponsorships and into a realm where digital assets become intrinsic to a brand’s public persona. This trend could set new standards for how crypto-native and even traditional brands approach their digital presence. It suggests that: NFTs are Maturing: Certain NFT collections are no longer just speculative assets but are becoming legitimate cultural symbols and brand assets. Authenticity is Key: Brands that genuinely participate in and understand Web3 culture will resonate more strongly with the community. Identity is Fluid: Digital identity, represented by NFTs, can be a powerful tool for brands to express their values and connect with specific subcultures. This is not merely a fleeting trend but an indication of how digital ownership and community-driven projects are reshaping corporate branding in the Web3 era. It challenges conventional marketing wisdom and highlights the unique opportunities presented by blockchain technology. What Are the Challenges and Opportunities? While this move is largely seen as positive, it’s worth considering the nuances: Challenges: Not all NFT projects are created equal. Associating with a volatile or controversial project could backfire. The ephemeral nature of trends means a brand needs to be agile. Opportunities: For strong, community-backed projects like Pudgy Penguins, this kind of endorsement can lead to increased visibility, demand, and potentially higher floor prices. For brands, it’s an unparalleled way to demonstrate Web3 native understanding and connect with a passionate audience. Actionable Insights for the Web3 Enthusiast For collectors, this reinforces the idea that holding blue-chip NFTs can offer more than just potential financial returns; it can provide cultural capital and community access. For aspiring NFT creators, it underscores the importance of building strong communities and unique intellectual property. For other Web3 platforms, it serves as a powerful case study in authentic marketing and brand alignment. Conclusion: A New Chapter for Digital Identity The embrace of Pudgy Penguins by OpenSea and Coinbase is more than just a change of profile pictures; it’s a profound statement about the growing influence of NFTs in mainstream digital identity and Web3 Marketing . It underscores the maturity of certain NFT collections and their potential to become powerful brand assets. As the lines between digital and physical identities continue to blur, such strategic moves by industry leaders will undoubtedly shape the future of brand engagement, community building, and Crypto Brand Adoption in the decentralized world. It’s an exciting time to witness how digital assets are not just traded, but truly lived and embodied by leading entities in the space. To learn more about the latest crypto market trends, explore our article on key developments shaping NFT adoption and institutional interest. This post Pudgy Penguins Soar: OpenSea’s Strategic Embrace Signals Major NFT Trend first appeared on BitcoinWorld and is written by Editorial Team
Crypto analyst TradingShot has drawn attention to a bullish pattern for Dogecoin, indicating that a significant price surge is on the horizon. The analyst suggested that this could be the final leg up for the foremost meme coin and advised market participants not to miss it. Dogecoin Eyes Parabolic Rally With Megaphone Pattern In a TradingView post, TradingShot predicted that Dogecoin could rally to as high as $1.25. He noted that the meme coin has been trading in a bullish Megaphone pattern within a channel up. The analyst added that the recent rebound on June 16 on the weekly MA200 is a higher low at the bottom of both patterns. Related Reading: Machine Learning Algorithm Predicts Dogecoin Price To Jump Double-Digits To $0.2 With the 1-week Relative Strength Index (RSI) also rebounding on its long-term support zone, TradingShot declared that Dogecoin is most likely at the start of a new bullish leg. He noted that this could be the final rally that will shape this cycle’s top. Meanwhile, the analyst claimed that DOGE is targeting $1.25 because the previous two bullish legs peaked on the 3.618 Fibonacci extension of the last decline. He told market participants that they can settle for $0.8 if they wish to pursue a target within the Channel up. A rally to both $0.8 and $1.25 would mark new all-time highs (ATHs) for Dogecoin, whose current ATH is at $0.73. His accompanying chart showed that DOGE could reach these targets in the first half of next year. Dogecoin is expected to maintain a steady climb from now till then as it reaches those targets. The meme coin has already begun another uptrend following Bitcoin’s rally to a new ATH. DOGE has again reclaimed the $ 0.20 psychological price level and could potentially reach its last local high at around $0.26. DOGE Against Its Bitcoin Pair In an X post, crypto analyst Kevin Capital stated that the DOGE/BTC chart is sitting in a historical zone of support with the monthly time frame indicators fully reset. The analyst indicated that this was possibly the best setup for Dogecoin, one that could spark a massive run for the meme coin. Related Reading: Analysts Predict Major Dogecoin Price Rally After Breaking 50-Day Trendline Meanwhile, crypto analyst Trader Tardigrade stated that the Dogecoin-to-Bitcoin chart might show a God candle this month. This God candle could spark a DOGE season, when the meme coin is expected to outperform the flagship crypto. The analyst’s accompanying chart showed that DOGE could rally to as high as $9 during this period. Meanwhile, he highlighted the $0.2 support level as being crucial for this lift-off for the meme coin. At the time of writing, the Dogecoin price is trading at around $0.2, up almost 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
Key takeaways In 2025, the Shiba Inu coin price prediction suggests a maximum value of $0.000023. In 2028, SHIB can reach a maximum value of $0.000075. The price of Shiba Inu is predicted to reach an average value of $0.000231 in 2031. The Shiba Inu (SHIB) cryptocurrency, originally a meme coin, has transformed into a comprehensive Shiba Inu ecosystem, significantly impacting Shiba Inu’s value and utility. Key components include ShibaSwap, a decentralized exchange, and Shibarium, a Layer 2 solution to enhance scalability. These developments have boosted SHIB’s adoption and functionality. As SHIB’s ecosystem grows, questions arise about SHIB’s future and its price trajectory. Will the advancements in ShibaSwap and Shibarium drive SHIB to new highs and influence the price action in the market? Can SHIB sustain its current price momentum and strengthen its position in the crypto market by flashing bullish signals? Will SHIB ever reach $1? In this Shiba Inu price prediction, analyzed by Cryptopolitan, we’ll determine future SHIB price trends. Overview Cryptocurrency Shiba Inu Token SHIB Price $0.00001142 Market Cap $6.73B Trading Volume (24-hour) $89.61M Circulating Supply 589.24T SHIB All-time High $0.00008845(Oct 27, 2021) All-time Low $0.0108165(June 4, 2025) 24-hour high $0.00001144 24-hour low $0.00001111 Shiba Inu coin price prediction: Technical Analysis Metric Value Volatility 5.85% 50-Day SMA $ 0.00001308 14-Day RSI 39.18 Sentiment Bearish Fear & Greed Index 63(Greed) Green Days 11/30 (37%) 200-Day SMA $ 0.00001477 Shiba Inu price analysis: SHIB holding gains as bulls test resistance at $0.00001383 Tight range SHIB is consolidating between $0.00001307 and $0.00001383, awaiting a breakout. Strong resistance $0.00001383 continues to reject upward moves, signaling seller strength. Higher lows gradual higher lows suggest buyer accumulation and breakout potential. On July 12, 2025, Shiba Inu (SHIB) is trading at $0.00001348, up 0.5% over the past 24 hours. The token posted a low of $0.00001307 and a high of $0.00001383, which now acts as immediate resistance. SHIB shows signs of cautious bullish momentum above near-term support. Its all-time high remains at $0.00008845, indicating room for future upside. SHIB’s recent movement has drawn trader attention amid mixed crypto sentiment. It is holding a minor uptrend, with $0.00001307 acting as strong support. Resistance at $0.00001383 has rejected multiple attempts to break higher, keeping price action range-bound. Volume remains steady, as the market waits for a breakout. Shiba Inu daily price chart: SHIB price compression near resistance The daily price chart shows SHIB opened near $0.00001335 and climbed to $0.00001348, forming a slight upward bias. Price action reveals a developing pattern of higher lows, signaling that buyers are stepping in at key levels. A green candlestick is shaping up with low wick pressure from below, indicating reduced selling strength and increased support. SHIBUSDT Price Chart by TradingView The price range between $0.00001307 (support) and $0.00001383 (resistance) signals consolidation, with buyers pushing for a breakout. A close above $0.00001383 could lead to a test of $0.00001400, while a drop below support may target $0.00001280. The RSI sits neutral at 52, showing balanced momentum. Shiba Inu 4-hour price chart: SHIB sideways momentum within a tight range During the 4-hour timeframe, SHIB showed a slight rebound from its intraday dip to around $0.00001320. The token has printed a modest recovery, with back-to-back higher lows over the last few sessions. However, price remains compressed below the $0.00001383 resistance, indicating indecision. SHIBUSDT Price Chart by TradingView Short-term indicators suggest consolidation, as neither buyers nor sellers are showing dominance. Momentum is limited, and volume remains moderate, keeping the price stuck within a horizontal channel. A breakout on substantial volume could shift sentiment sharply in either direction. What can you expect from the SHIB price next? Shiba Inu (SHIB) is approaching a critical technical point. The ongoing price compression between $0.00001307 and $0.00001383 suggests that a breakout could occur soon. If SHIB closes above $0.00001383 with increased volume, it could test $0.00001400 in the short term, and potentially target $0.00001420 as the next upside level. However, failure to break resistance could see SHIB drifting back toward $0.00001307, and a breach of that level might expose it to a move toward $0.00001280. For now, price action remains range-bound, and traders should watch closely for a decisive breakout or breakdown to confirm the next direction. Shiba Inu technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $ 0.00001158 SELL SMA 5 $ 0.00001184 SELL SMA 10 $ 0.00001166 SELL SMA 21 $ 0.00001174 SELL SMA 50 $ 0.00001308 SELL SMA 100 $ 0.00001319 SELL SMA 200 $ 0.00001477 SELL Daily exponential moving average (EMA) Period Value Action EMA 3 $ 0.00001203 SELL EMA 5 $ 0.00001241 SELL EMA 10 $ 0.00001266 SELL EMA 21 $ 0.00001276 SELL EMA 50 $ 0.00001351 SELL EMA 100 $ 0.00001528 SELL EMA 200 $ 0.00001700 SELL Is Shiba Inu a good investment? Shiba Inu (SHIB) currently trades in a tight consolidation range, showing signs of cautious accumulation with gradually higher lows. While short-term momentum appears neutral and constrained by strong resistance at $0.00001383, the structure suggests growing interest from buyers. SHIB’s all-time high of $0.00008845 remains significantly higher than current levels, presenting long-term upside potential. However, its price remains highly speculative, driven more by market sentiment than fundamentals. For investors, SHIB may offer short-term trading opportunities within defined levels, but it carries high volatility and risk. Why is Shiba Inu up today? Shiba Inu is up 0.5% today, trading at $0.00001348 on July 12, 2025, due to renewed buying interest within a key support zone at $0.00001307. The price has formed higher lows on both the daily and 4-hour charts, indicating accumulation by short-term traders. Despite broader market uncertainty, SHIB’s ability to hold above support has attracted attention, with traders positioning for a possible breakout above the $0.00001383 resistance. Though trading volume remains modest, current price action reflects cautious optimism driven by range-based buying activity and technical positioning near resistance. Recent News on Shiba Inu The Shiba Inu ecosystem has announced a major performance upgrade to its metaverse project, SHIB: The Metaverse, reinforcing its commitment to real development with the mantra “ We’re deploying, not dreaming .” The update significantly improves three core hubs—Bark Park, Tech Trench, and Shib Station—by reducing lag, fixing crashes, and cutting load times. Developers achieved this by optimizing over 200 texture files, merging redundant texture maps, standardizing shaders, and applying smarter mip-streaming, resulting in a 15–25% drop in GPU memory usage and smoother gameplay, even on mid-range PCs. The enhancements ensure a crash-free, stutter-free experience without sacrificing visual quality. Currently available on Windows PCs and web browsers, the metaverse is also developing a mobile version and a fishing mini-game tied to a future in-game economy. Since its early access launch in December 2024, SHIB: The Metaverse has steadily progressed, signaling that Shiba Inu aims to evolve beyond meme coin status by delivering functional and immersive products in the metaverse space. Will Shiba Inu recover? Buyers are vigorously defending a drop below the immediate support channels on the price chart. If the SHIB price holds its momentum above the $0.000014 level, we might see further surges. Will SHIB reach $0.00005? Yes, according to the long-term SHIB price prediction, the current Shiba Inu price is projected to reach up to $0.00005 by 2027. Will SHIB reach $0.0001 Yes, according to crypto experts’ long-term predictions, SHIB is projected to reach $0.0001 by 2029. Will SHIB reach $100? SHIB’s goal of reaching $100 is virtually impossible due to its vast circulating supply in the meme coin market. Additionally, to get the $100 mark, SHIB would require a strong push in its market cap, which is beyond imagination for a meme coin. Does SHIB have an excellent long-term future? The Shiba Inu price made headlines in January 2025 after Shytoshi Kusama, the lead developer, stepped down. However, SHIB shows some positive movement, suggesting the ecosystem may have a promising long-term future. However, its success will depend on partnerships, broader market adoption trends, and other regulatory developments. You are advised to do your own research and form expert opinions before investing in the highly volatile crypto market. Shiba Inu price prediction for July 2025 Shiba Inu’s price is projected to climb to $0.000020 this month. Forecasts place the price within a range of $0.000016 to $0.000019, with the average expected value hovering around $0.000018. Month Potential low Potential average Potential high July 2025 $0.00001 $0.000014 $0.000016 Shiba Inu price prediction 2025 In 2025, the minimum price of a Shiba Inu will be around $0.000009. The maximum expected price for SHIB may be around $0.000023, and the average price is $0.000022. Year Potential low Potential average Potential high 2025 $0.000009 $ 0.000022 $ 0.000023 Shiba Inu price predictions 2026-2031 Year Minimum price Average price Maximum price 2026 $ 0.000031 $ 0.000032 $ 0.000037 2027 $ 0.000044 $ 0.000046 $ 0.000054 2028 $ 0.000061 $ 0.000063 $ 0.000075 2029 $ 0.000089 $ 0.000092 $ 0.000107 2030 $ 0.000134 $ 0.000138 .$ 0.000160 2031 $0.000200 $0.000207 $0.000231 Shiba Inu price prediction 2026 According to predictions for 2026, Shiba Inu is expected to reach a minimum value of $0.000031, a maximum value of $0.000037, and an average trading price of $0.000032. Shiba Inu price prediction 2027 By 2027, Shiba Inu (SHIB) is forecasted to reach a minimum price of $0.000044, a maximum of $0.000054, and an average price of $0.000046. Shiba Inu price prediction 2028 In 2028, the price of Shiba Inu is predicted to reach a minimum value of $0.000061. Investors can expect a maximum value of $ 0.000075 and an average trading price of $0.000063. Shiba Inu Coin price prediction 2029 The Shiba Inu price prediction suggests that by 2029, Shiba Inu could reach a minimum price of $0.000089, a potential maximum price of $0.000107, and an average trading price of $0.000092. Shiba Inu price prediction 2030 In 2030, the Shiba Inu prediction suggests the price of Shiba Inu will trade at a minimum value of $0.000134, a maximum value of $0.000160, and an average trading value of $0.000138. Shiba Inu price prediction 2031 In 2031, Shiba Inu is expected to reach a minimum price of $0.000200, a maximum price of $0.000231, and an average price of $0.000207. Shiba Inu Price Predictions 2025-2031 Shiba Inu market price prediction: Analysts’ SHIB price forecast Firm Name 2025 2026 DigitalCoinPrice $0.0000251 $0.0000282 CoinCodex $0.00003402 $0.00002989 Cryptopolitan’s Shiba Inu price prediction According to Cryptopolitan’s Shiba Inu price forecast, SHIB could reach a maximum price of $0.000023 by the end of 2025. By 2026, the price of the Shiba Inu token is predicted to reach a minimum value of $0.000031. Considering the total supply, Shiba Inu’s rise in price could take it to a maximum price level of $0.000231 with an expected average trading price of $0.0000207 by 2031. Shiba Inu historic price sentiment Shiba Inu Historical Price Chart: Coingecko Memecoin Shiba Inu’s price surged by over 300% within the month of its launch, sparking a trading frenzy similar to Dogecoin’s rise in early 2021. In 2022, Shiba Inu traded around $0.000025 at the start of the year but sharply declined to approximately $0.000008 by May 2022. For the remainder of the year, it stabilized, fluctuating between $0.000007 and $0.000010. In early 2023, Shiba Inu briefly spiked to $0.000015 in February but declined gradually, stabilizing around $0.000010 by June 2023 and closing the year at $0.00001033. In March 2024, Shiba Inu surged to a high of $0.000045 but consolidated between $0.0000173 and $0.00002933 by June 2024. By August 2024, the price ranged from $0.000015 to $0.000017. By October 2024, Shiba Inu traded between $0.000015 and $0.000017. In December 2024, the token traded between $0.00001853 and $0.00003343. SHIB opened trading at $0.00002118 in 2025 and hovered around $0.0000182 and $0.000019. In February, Shiba Inu (SHIB) hovered around the $0.0000172 region. The price of Shiba Inu (SHIB) in March 2025 initially dipped slightly below $0.0000137 before experiencing a sharp upward surge, peaking above $0.0000150, and then stabilizing around $0.0000141 with some fluctuations. In April 2025, Shiba Inu (SHIB) saw mild volatility, generally trending downward with its price slipping from around $0.00001233 to approximately $0.00001205. In early May 2025, Shiba Inu traded at approximately $0.0000137 but declined later toward $0.00001225. As of June 2025, Shiba Inu traded between $0.0000100 and $0.00001284. In July 2025, the token traded between $0.00001155 and $0.00001199.