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  • ZKsync price jumps above $0.06 with 87% weekly gains amid major token utility overhaul

    ZKsync price jumps above $0.06 with 87% weekly gains amid major token utility overhaul

    ZKsync Price Gains

    • ZKsync price gained by 11% and hit a high of $0.068.
    • Gains came as bulls hold steady and weekly uptick climbs to 87% amid Atlas upgrade.
    • ZKsync has also received endorsement from Ethereum co-founder Vitalik Buterin.

    ZKsync surged by more than 11% in intraday gains on November 5, 2025 to hit highs above $0.068 as upbeat sentiment held.

    With key announcements regarding major enhancements to ZK token utility, the altcoin’s price has extended gains to over 87% in the past week.

    Renewed interest in the token has also come amid a key boost by Ethereum co-founder Vitalik Buterin.

    ZKsync price extends weekly gains to 87%

    Despite a widespread downturn in the cryptocurrency market, ZKsync’s ZK token has demonstrated impressive strength.

    Bulls defied the crash to reach new highs of $0.068, with an 11% price increase that also boasted a 21% spike in daily trading volume for ZK.

    Per CoinMarketCap, ZKsync’s daily volume hit an impressive $499 million over the past 24 hours.

    Like Aster, Bitget Token and Hyperliquid, ZK Bulls are showing resilience. It trades near $0.061, off intraday highs but still above session lows of $0.049.

    Analysts suggest that ZK’s ability to hold steady as trading volumes remain elevated may allow bulls to target $0.10, a level last seen in March.

    Notably, ZK has traded in a downtrend since rejecting highs of $0.26 in early December, 24..

    ZKsync token to get major utility overhaul

    The catalyst behind ZK’s recent rally looks to be the community’s reaction to a proposed upgrade that seeks a comprehensive overhaul of ZK token utility.

    Atlas upgrade brings this possibility, a major enhancement set to amplify the ZK token’s functionality.

    By expanding the token’s use cases, the upgrade aims to create a more robust economic model, where ZK serves not only as a governance tool but also as a conduit for value accrual from off-chain activities.

    “This proposal presents a high-level direction for $ZK token utility,” said Alex Gluchowski, founder of ZKsync and CEO of Matter Labs.

    He elaborated on the strategic intent, noting that the changes are designed to unify on-chain and off-chain value flows.

    “Under this proposal, value generated from such enterprise components would flow into the same governance-controlled mechanism as on-chain value. In practice, this means establishing structures through which licensing-based revenue can return to the network and enter the same ZK buyback and allocation pathways, preserving a single unified economic loop,” the ZKsync co-founder noted.

    Also buoying ZKsync price this past week has been a recent endorsement from Ethereum co-founder Vitalik Buterin.

    Buterin’s public support has added significant credibility, emphasizing the protocol’s alignment with Ethereum’s scaling vision and its potential to drive mass adoption.

    The Ethereum co-founder has long advocated for zero-knowledge technology, which is ZKsync’s focus.

    As the ecosystem matures, stakeholders anticipate increased DeFi activity.

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  • Decred defies market downtrend, jumps to 4-year high: analysts see path to $100

    Decred defies market downtrend, jumps to 4-year high: analysts see path to $100

    Decred Price Bullish

    • Decred price jumped to highs of $65 before paring gains to a key support level.
    • Gains came as privacy coins Zcash and Dash also spiked to the defy broader market dump.
    • DCR could target $100 next after hitting the four-year highs.

    As top coins slip to or below key levels, Decred (DCR) and a few others have bucked the trend with notable spikes.

    The widespread cryptocurrency market slump has seen Bitcoin, Ethereum, and XRP fall sharply, yet Decred is soaring to heights not witnessed since 2021. All this comes as Zcash and Dash stand out amid the ongoing resurgence of privacy-focused assets.

    Decred jumps to 4-year high of $65

    Decred’s price exploded more than 150% in 24 hours to touch a four-year peak above $65, with this coming amid a broader crypto downturn.

    The breakout follows bulls decisively breaching the resistance of a long-term falling wedge, with $40 a key level that allowed DCR to hit highs of $65.78. While the pattern remains in place on the longer term time frame, a little paring of gains has Decred price near $40 and risking profit taking flip.

    What fueled the early Tuesday surge was a staggering increase in trading volume, which skyrocketed over 1,100% to over $172 million. It offered a glimpse of the sharp buyer interest in the coin as privacy coins see traction.

    Zcash, Dash also surge

    Decred’s gains mirrored a broader revival in the privacy coin sector, where Zcash (ZEC) and Dash (DASH) have recently defied bears. In October, Zcash and Dash both rose to key levels, the ZEC spike seeing the altcoin hit 7-year highs.

    While Zcash has been the frontrunner in this pack, privacy coins such as DASH, Railgun, Horizon, Tornado Cash, and Verge have notched gains.

    Can Decred price go to $100 next?

    What privacy coins’ collective rally speaks to is a market rotation, with assets offering financial anonymity and robust fundamentals attractive.

    In this case, Decred stands out for its hybrid proof-of-work and proof-of-stake model, which emphasizes decentralized governance and enhanced security.

    The project recently highlighted its privacy credentials, noting non-custodial peer-to-peer mixing with post-quantum encryption. Users can mix coins while staking for untraceable histories and anonymous governance.

    Also key is DCR’s finite 21 million coin cap, pointing to a potential supply shock as holdings on exchanges like Binance continue to decline.

    Analyst Captain Faibik pointed to a potential spike in DCR price.

    While currently trading at $40.24, Decred still has potential for strong upward momentum.

    However, bulls have to show they are firmly in control by maintaining support above the $40 level. This could pave the way for further gains, potentially targeting $70 or beyond. Bulls hitting $65 means a fresh rally could bring $100 into play.

    On the flipside, $32 and $25 could be key demand reload zones.

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  • Fluid price jumps 50% after Upbit listing: bulls target $10

    Fluid price jumps 50% after Upbit listing: bulls target $10

    • Fluid price soared by more than 50% in 24 hours to hit highs of $9.33.
    • Technical strength and other catalysts may see bulls target a breakout above $10.
    • However, overbought conditions signal a potential pullback.

    Fluid (FLUID) price spiked by more than 50% in 24 hours as Upbit, South Korea’s top cryptocurrency exchange, added trading support for the DeFi protocol’s native token.

    The listing of the lending protocol’s token injected fresh momentum. It added to an upbeat sentiment that aligns with Fluid’s expansion to the Solana ecosystem.

    Upbit listing sends Fluid (FLUID) price up 50%

    Upbit is South Korea’s largest crypto exchange, and its move to list FLUID with trading pairs for Korean won, Bitcoin, and USDT triggered an immediate price rally.

    Upbit, dominant in South Korea, often sees significant spikes in trading volume for new assets, and Fluid did not buck the trend.

    The altcoin’s price jumped by more than 50% within hours, allowing bulls to retest bears’ resolve above the $9.00 mark.

    It’s the first time the lending protocol has climbed to these levels since February 2025.

    The altcoin traded around $8.20 at the time of writing.

    Per CoinMarketCap, an initial trading volume surge for FLUID recorded an impressive 1,600% spike to over $34.5 million.

    With South Korean traders, known for their aggressive buying strategies, flooding the buying zone, it’s no surprise liquidity is exploding.

    Some notable tokens to record price and volume surges on Upbit listing include RedStone, Flock, Omni Network, and Treehouse.

    Further price gains will extend Fluid’s gains as the community also cheers expansion to Solana. FLUID is live on Jupiter exchange, powered by Meteora.

    The uptick in price comes as the total value locked/price ratio for Fluid shows a remarkable increase of over 185%.

    What’s next for Fluid price? Bulls target breakout above $10

    Gains across the board align with a surge in bullish calls for FLUID, which has a score of 89% on CoinMarketCap. This outlook reflects on the technical front.

    The moving average convergence divergence indicator (MACD) signals a bullish crossover while the relative strength index hovers at 71.

    On the 3-hour chart, FLUID is showing signs of a strong breakout after an extended period of consolidation and downward pressure.

    The Bollinger Bands have widened sharply following a prolonged squeeze, a move that often points to heightened volatility ahead.

    Based on the height of the previous consolidation range, the breakout projects a potential upside target in the $8.50–$9.00 area, with initial resistance expected near $7.50.

    A confluence of these and other factors suggests further gains into the overbought territory.

    FLUID chart by TradingView

    Contingent on broader market sentiment, FLUID could break above $10 and target a 100% leg up towards $20.

    The all-time high of $29.36 reached in 2021 remains a big target for buyers.

    However, broader market weakness amid macroeconomic and regulatory headwinds might see bears seize on the opportunity.

    Otherwise, key support levels remain around $5.10 and $3.40.

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  • Sky Protocol buyback program starts paying off as SKY token jumps 12%

    Sky Protocol buyback program starts paying off as SKY token jumps 12%

    SKY token price surge

    • Sky Protocol has spent nearly $75M on buybacks since February 2025.
    • SKY token has risen by 12.6% in a week, nearing previous highs.
    • Buybacks reduced supply and boosted investor confidence.

    The price of the SKY token has jumped 12.6% over the past seven days as the Sky Network buyback program starts to bear fruits.

    The steady rise comes after months of token repurchases, with Sky Protocol investing tens of millions of dollars to reduce supply and stabilise market confidence.

    Sky Protocol’s buyback strategy

    Sky, formerly known as Maker before rebranding in August 2024, has made headlines with its aggressive buyback plan.

    Since February this year, the protocol has used nearly 75 million USD to purchase SKY tokens directly from the market.

    The most recent update revealed that in August alone, Sky spent 5.5 million USD to acquire 73 million tokens.

    Notably, this consistent activity has helped to gradually lift the token’s price.

    In late February, SKY was trading just above six cents.

    Today, it is changing hands at a little over seven cents, and while the number may look modest, it marks a meaningful recovery for a token that had faced periods of volatility.

    The buybacks are designed to reduce circulating supply, creating upward pressure on value while signalling financial confidence from the project’s side.

    SKY token price recovery gains momentum

    Market data from Coingecko shows that SKY has gained more than 12% in the past week, outperforming several other decentralised finance tokens.

    The token’s performance since the start of the buyback has been steady, rising over 8% across six months despite broader market swings.

    In late July, SKY even touched 9.6 cents, getting close to its all-time peak of just over ten cents recorded in December, before taking a surprising dip to just above six cents in August.

    By comparison, Uniswap’s UNI token has risen about 6% in the same timeframe, while Aave’s AAVE has gained over 25%.

    These comparisons highlight that although SKY has not delivered the strongest returns, its growth is tied directly to a deliberate financial mechanism rather than just speculative market sentiment. This distinction makes Sky’s approach stand out within the altcoin space.

    Why the buybacks matter

    Token buybacks are not new in crypto, but Sky’s scale and consistency are drawing attention.

    By removing tokens from circulation, the project is reducing potential selling pressure and rewarding holders with gradual value appreciation.

    The fact that Sky has committed $75 million to this strategy suggests a strong treasury position and confidence in its ecosystem.

    Other projects, such as World Liberty Financial and Pump.fun, have also launched similar programs, indicating that the model may become more common across the industry.

    For Sky, the coming months will be crucial in determining whether the current momentum can be sustained, especially if market conditions turn volatile again.

    Investor sentiment already appears to be shifting in line with these efforts. A token that fell to a low of 3.5 cents earlier this year has nearly doubled from that point, reflecting renewed faith in its long-term role.

    With a market capitalisation of around $1.64 billion and more than $6.2 billion in total value locked on the platform, Sky is positioning itself as one of the more stable players in DeFi.

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  • Numeraire price jumps 40% as JPMorgan commits $500m to Numerai

    Numeraire price jumps 40% as JPMorgan commits $500m to Numerai

    • Numeraire price is up 40% to near $12.40 after JPMorgan secured $500 million capacity in Numerai.
    • The NMR token jumped to highs last seen in February.
    • JPMorgan’s move sees Numerai more than double its size.

    Numeraire (NMR), the native token of the San Francisco-based crypto hedge fund Numerai, has surged more than 40% in the past 24 hours after JPMorgan announced investment in the hedge fund.

    On Aug. 26, the Numerai team announced that JPMorgan has secured $500 million in capacity in Numerai, triggering the sharp price surge. Gains outpaced Cronos (CRO), which spiked after Trump Media announced a partnership with Crypto.com.

    As NMR price broke to near $12.40, Numeraire’s daily volume jumped more than 800% to over $115 million. The token’s price reached its highest price since February.

    NMR price chart by CoinMarketCap

    JPMorgan secures $500 million capacity in Numerai hedge fund

    As the intersection between artificial intelligence and decentralised finance grows, the crypto sector has become a magnet for top collaborations.

    Numerai, the San Francisco-based hedge fund built by data scientists, is one of those in the ascendancy.

    On Tuesday, the platform revealed that it had secured a $500 million commitment from JPMorgan Asset Management, with this coming after Numerai saw its assets grow from $60 million to $450 million.

    The $500 million allocation follows Numerai’s exceptional performance in 2024, delivering a 25.45% net return with a Sharpe ratio of 2.75.

    As highlighted in Numerai’s blog, investment from JPMorgan, one of the largest allocators to quantitative strategies globally, signals Wall Street’s growing confidence in AI-powered financial models.

    The Paul Tudor Jones-backed hedge fund is set to see its assets under management more than double after this move.

    A rebound that caught Wall Street’s attention

    Numerai’s path has not been without setbacks. The firm lost 17% in 2023, echoing the struggles of other experimental quant platforms such as Quantopian, which shut down in 2020 after failing to deliver sustainable returns.

    However, Numerai rebounded with a 25% gain in 2024 and has strung together 15 consecutive months of positive performance.

    That turnaround drew the attention of institutional investors. “People don’t really want to invest until there’s a track record,” founder Richard Craib said in a Bloomberg report. “And when you’re doing something super unusual and different, like we are, they might wait even longer before they get excited.”

    So far in 2025, Numerai’s flagship fund, Numerai One, is estimated to be up about 6% net of fees, compared to a 7% return for an index of quant equity market-neutral funds tracked by Aurum.

    The fund has delivered gains in all but one year since inception, including a 20% rally in 2022 when broader markets slumped.

    Big news for NMR?

    Numerai, founded in 2019, operates a unique crowdsourced hedge fund model that leverages AI and data science.

    On the platform, global data scientists can submit stock market predictions through an API and stake NMR tokens to back their models. Successful predictions earn rewards, while incorrect ones result in token burns, creating a dynamic incentive structure.

    Additionally, Numerai has recently announced a repurchase of $1 million in NMR, a move that has the data science community excited.

    The JPMorgan partnership not only validates Numerai’s vision but also highlights the potential for Numeraire in the crypto-AI sector.

    With the hedge fund looking to scale its team and operations, the investor attention on NMR will likely be huge, particularly following this move by JPMorgan.

    NMR price reached highs above $93 in May 2021 and  $25.80 in December 2024.

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  • Morpho price jumps 12% to lead market gainers

    Morpho price jumps 12% to lead market gainers

    • Morpho price rose 12% to hit a six-month high of $2.38.
    • Ecosystem developments and market sentiment has helped MORPHO up.
    • Bulls could target the peak of $4.17 reached in January.

    Morpho (MORPHO), native to the decentralized lending protocol, has climbed more than 12% in the past 24 hours to emerge as one of the top gainers in the crypto market.

    The uptick has pushed MORPHO to price levels seen in early March, with daily volume rising as key network developments catalyze bullish movement. MORPHO traded to highs of $2.38 and its market cap reached over $773 million..

    Morpho surges to 6-month high

    The MORPHO token has reached its highest value in six months, with bulls strengthening since hitting lows of $0.85 in April. Morpho price hovered around $2.38 and the zone in early March.

    With buyers pushing higher after a period of consolidation, MORPHO has struck upward momentum amid heightened market interest.

    Largely, traders see the token’s strong fundamentals and the protocol’s innovative approach to lending as a bullish factor.

    Morpho price chart by CoinMarketCap

    After hitting lows of $0.7 in November, MORPHO has jumped over 230% to its current levels. Gains also put the altcoin about 44% of its all-time peak of $4.17 reached in January 2025.

    The token’s performance, which comes amid a 47% spike in daily volume, has MORPHO outpacing most top gainers on the day.

    Key ecosystem developments buoy MORPHO price

    Several recent developments within the Morpho ecosystem are believed to be the catalysts behind this price jump.

    Centrifuge, a platform specializing in real-world asset (RWA) tokenization, has announced key integrations with Coinbase, Aerodrome Finance and Bitget among others. This integration, announced on Aug. 20, 2025, will also offer collateral support for Morpho.

    According to Morpho Labs, the move allows the protocol to expand its offerings by incorporating decentralized RWA tokens, enhancing its lending capabilities and attracting new users.

    MORPHO also surged after industry players launched Ascend.

    Why is this important?

    Centrifuge’s announcement emphasized the potential for Morpho to unlock liquidity for tokenized assets, a move that has sparked optimism among investors.

    Additionally, Gauntlet, a risk management firm, shared insights about Morpho’s updated risk parameters, which were refined to optimize lending efficiency.

    The confluence of these technical enhancements, partnerships and integrations are creating a positive narrative for MORPHO.

    Price is likely to jump higher as retail and institutional holders bid to increase their stakes.

    As the DeFi sector continues to evolve, Morpho’s ability to leverage RWA integration and robust risk management could solidify its position as a key player.

    For now, the 12% price jump serves as a testament to the project’s resilience and potential, drawing significant attention in today’s market.

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  • BCH looks to break key resistance as Bitcoin Cash volume jumps 30%

    BCH looks to break key resistance as Bitcoin Cash volume jumps 30%

    Bitcoin Cash Price

    • Bitcoin Cash price is near $590 having touched highs above $604 in the past 24 hours.
    • While BCH is a mere 1% in 24 hours at the time of writing, it’s 18% higher in 30 days.
    • Bitcoin Cash could break above critical resistance and eye the $1,000 level.

    Bitcoin Cash (BCH) is not one of the flashy performers in the crypto market, with the coins’ 18% uptick in the past month small compared to peers in the top 100 cryptocurrencies by market cap.

    However, as Ethereum makes headlines as it approaches its all-time high, Bitcoin Cash is also hovering around a critical resistance level having tested the $600 level.

    This charge, fueled by a remarkable 30% surge in daily trading volume, could see BCH eye further gains towards the $1,000 mark. But what’s the technical outlook?

    Bitcoin Cash retests key price level

    The price of Bitcoin Cash is currently retesting a pivotal resistance zone, with its price hovering around the $600 mark.

    Over the past 24 hours, BCH has touched highs of $601 across major exchanges, and shows resilience with prices remaining above $590 and ticking to highs near the July peak of $604.

    BCH price chart by TradingView

    The jump to $600 represents a notable move for BCH, as this allows buyers to test the upper boundary of a sell wall that has previously seen bears emerge strongly.

    Notably, the 30% spike in trading volume speaks to the increased market activity, suggesting traders may be positioning for a potential breakout.

    What’s next for BCH price: Can bulls reclaim $1,000 in 2025?

    BCH price reached highs of $624 in December 2024 and last traded above $1,000 in 2021.

    Looking at the technical picture for Bitcoin Cash, the overall outlook is optimistic, with bulls setting their sights on flipping $600 into a robust support level.

    From here, a potential climb towards $1,000 is possible. In the short term, the supply wall is around $680 and $764 and above this, a flip to $1k and over will be more likely.

    The broader market sentiment, with Fear & Greed Index trending in the “Greed,” zone, adds to this outlook.

    BCH’s technical indicators also align with a bullish trend. Increased adoption that has investors buoyed amid favorable macroeconomic conditions, gives this altcoin a good chance of continuing higher.

    However, traders may yet trade cautiously as profit taking a dump for major altcoins could dampen broader sentiment.

    The upcoming inflation data, with Bitcoin’s correlation with stocks tight, could mean either a sharp surge or notable dump.

    “BTC ’s correlation with equities has tightened since mid-July, mirroring US stocks’ rebound to near record highs. Attention now shifts to Tuesday’s CPI, expected to rise 10 bps to 2.8%,” analysts at QCP noted. “A softer CPI could cement odds of a September Fed cut, while a hotter print risks stalling the rally. Traders are hedging with demand for short-dated $BTC puts in the $115k–$118k range.”

    The price of Bitcoin hovers around $118,500, while BCH trades near $590.

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  • Litecoin price prediction as LTC jumps 12% on bullish catalysts

    Litecoin price prediction as LTC jumps 12% on bullish catalysts

    Litecoin Price

    • Litecoin price is up 12% in 24 hours, hitting $127 as altcoins look to bounce back.
    • The LTC price could rally to $200 and target a new all-time.
    • Bullish catalysts include spot ETF anticipation, payments activity/adoption and treasury strategy moves.

    Litecoin trades as one of the top gainers in the past 24 hours, with the altcoin boasting a 12% spike as price hovers near $126. Gains see weekly uptick extended and LTC up by more than 47% in the past month.

    Amid a confluence of bullish catalysts, can Litecoin price jump to its year-to-date highs near $140 and target multi-year peaks above $200?

    Litecoin jumps 12% amid notable bullish momentum

    Litecoin’s double-digit uptick, which pushed price from lows of $111 to above $127 at the time of writing, comes as the broader crypto market seeks a fresh leg up.

    On Tuesday, Aug. 5, the total market cap was up 1% to $3.74 trillion, with this following Monday’s resilient performance across stocks and crypto. Most top altcoins including Ethereum, XRP and Solana are in the green, with latest regulatory developments adding to the prevailing crypto sentiment to suggest more gains are likely in the short term.

    For LTC, the outlook gets a further bullish impetus from a range of factors. It includes overall anticipation of a spot Litecoin exchange-traded fund (ETF) approval, increased use as a payment currency and significant institutional interest amid treasury strategy moves.

    Recently, Bloomberg analysts put a 95% probability on a spot LTC ETF approval in 2025, and regulatory developments suggest this outlook remains.

    Meanwhile, bullish projections for Litecoin are gaining traction amid institutional interest, with MEI Pharma’s $100 million Litecoin treasury strategy a major corporate allocation already. Also fueling price gains is Litecoin’s growing use in remittances and payments.

    What next for LTC price?

    Litecoin’s price gains may see profit taking kick in and derail buyers, particularly given the surge to a five month high for LTC.

    LTC chart by TradingView

    However, the altcoin has broken above a symmetrical triangle on the weekly chart, signaling potential upside continuation. This breakout above the triangle’s upper resistance means bulls may want to target the supply wall around $200.

    Notably, the Moving Average Convergence Divergence (MACD) has a bullish crossover, aiding the outlook for upward momentum. The Relative Strength Index (RSI) also ticks above 64, indicating room for more gains before hitting overbought conditions.

    If buying pressure continues, bulls may eye $200 and higher in the short term. However, if it fades, a short-term pullback to the $110–$101 support zone may ensue. This LTC price outlook nonetheless depends on overall bullish conditions.

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  • Morpho price jumps 10% as RWA powerhouses launch Ascend

    Morpho price jumps 10% as RWA powerhouses launch Ascend

    Morpho

    • Morpho price rose as Morpho Labs joined other top real-world asset platforms in a new partnership.
    • RWA powerhouses Plume, Centrifuge among those to support Ascend accelerator.
    • MORPHO token jumped 10% in 24 hours to $1.85.

    The cryptocurrency market is up slightly on Monday, and Morpho (MORPHO) is one of the top gainers after posting double-digit gains in the past 24 hours.

    While the uptick aligns with overall crypto bounce that mirrors a surge across stocks, MORPHO is up after the crypto platform teamed up with other players across the real-world assets market to launch a new accelerator project dubbed Ascend.

    Amid a rebound in US stock indices, MORPHO rose 10% to highs of $1.85.

    Morpho Labs key player in RWA market

    On Monday, Morpho Labs announced that it was part of the strategic partnership that has launched Ascend.

    The groundbreaking initiative is designed as a startup accelerator targeted at the real-world assets market, with $500k in funding.

    Plume Network said Ascend is “the first startup accelerator designed to take ambitious RWA ideas into scalable protocols.”

    Big name players back the program, including Plume, Morpho, and Centrifuge.

    Others are Anchorage Digital, RWA.xyz, Keyrock and OKX Ventures. The collective aims to advance the tokenization of real-world assets.

    Morpho Labs, a decentralized finance (DeFi) lending infrastructure that among other offerings powers crypto-backed loans on Coinbase, is a top backer of the accelerator.

    As the collaboration highlights growth across the RWA sector, projects like Morpho begin to stand out.

    MORPHO token gains amid crypto bounce

    The MORPHO token experienced a significant uptick, rising 10% in 24 hours from lows of $1.66 to $1.85.

    Gains came amid the positive market sentiment around RWA tokens and the Ascend launch.

    However, it also followed a broader recovery in cryptocurrencies as a rebound in US stock markets buoyed sentiment.

    On Monday, August 4, 2025, the benchmark S&P 500, the Dow Jones Industrial Average, and tech-heavy Nasdaq Composite all rose amid market expectations of a Fed interest rate cut.

    Broader recovery follows last week’s sell-off, which saw Bitcoin dip to lows of $114k to dampen investor confidence across the ecosystem.

    However, with a rebound in equities spilling over into the crypto, BTC is up to $115k.

    A spike for RWA tokens has MORPHO eyeing a break to $2.00.

    With gains also for Plume and Centrifuge, a continuation of upside momentum could push MORPHO to February highs of $2.5 and likely allow for a new all-time high in coming months.

    MORPHO’s price surged to its all-time peak of $4.17 in January 2025.

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  • Memecoin (MEME) jumps 29% amid significant volume spike

    Memecoin (MEME) jumps 29% amid significant volume spike

    • Memecoin price rose 29% in 24 hours to hit highs above $0.0023.
    • Daily volume spiked 600% as MEME jumped amid a technical breakout.
    • Altcoins are bullish and an anlyst says MEME price could surge 690%.

    Memecoin (MEME), a meme token of the Memeland platform, has surged by 29% in the past 24 hours.

    This sudden price surge, which has come amid a notable spike in trading volume, has MEME trading at levels that might see bulls take further control.

    While profit taking remains a potential setback, bullish momentum is largely in place as the broader cryptocurrency market gets a boost from institutional demand and regulatory support.

    Memecoin’s surge is also not isolated in the meme token ecosystem.

    Pepecoin, DOGS and Pump.fun are among those seeing a significant upside amid a backdrop of bullish projects for altcoins.

    Dogecoin, Shiba Inu and TRUMP have also signaled resilience.

    Volume spikes as MEME token surges 29%?

    MEME’s price jump follows a technical breakout and overall flip in memecoins.

    With a 29% spike in 24 hours, this token’s value is back at $0.0023 levels seen in May.

    The gains also mean the price has increased 75% from lows of $0.0012 seen in June.

    Daily volume has also jumped 600% to over $170 million, notable activity as the token benefits from speculative buying on launchpad sentiment.

    In recent months, tokens such as PUMP and RAY have exploded on launchpad anticipation and adoption.

    Memecoin price rose amid a technical breakout

    However, the MEME price remains well over 95% down since reaching its all-time highs of $0.081 in November 2023.

    What’s next for Memecoin price?

    Crypto analysts point to Memecoin’s uptick amid a breakout from a large falling wedge pattern.

    In the market, a falling wedge breakout is a technical formation that usually suggests a reversal from a downtrend.

    The token is showing a regular bull divergence, to signal bullish strength.

    According to analyst Javon Marks, MEME could be poised for a significant upward movement.

    The forecast aligns with the analyst’s earlier predictions from July 12, 2025, when Marks identified a falling wedge breakout.

    “MEME (Memecoin) is currently showing MAJOR STRENGTH and with prices still being broken out of a large Falling Wedge as well as coming off of a huge Regular Bull Divergence, there can be significantly more bullish action coming!,” noted crypto analyst Javon Marks.

    According to the analyst, MEME prices are likely to skyrocket if bulls take control.

    The memecoin’s price could target $0.018, a level that would represent a staggering 690% upside.

    Conversely, a failure to maintain momentum might see prices retreat, testing lower support levels. Likely, these will be at $0.0016 and $0.0014.

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