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  • TRON price forecast as USDT supply surpasses $80 billion

    TRON price forecast as USDT supply surpasses $80 billion

    USDT And TRON Symbols

    • USDT supply on TRON has surpassed $80 billion, accounting for over 50% of circulating USDT.
    • TRX price is currently at $0.27, but could rise to $0.44 in the short term amid bullish momentum. 
    • ETFs, partnerships, and network growth are likely catalysts for TRON price.

    TRON (TRX) price is down on the day, but the blockchain project is making headlines elsewhere as the supply of Tether’s USDT on its blockchain has surpassed $80 billion.

    The native Tron token TRX traded at $0.27 on Friday, June 27, with CoinMarketCap showing the price was down under 1%. Intraday highs for the altcoin range around $0.29, and TRON remains in the top 10 by market cap.

    However, the question might be, what does the USDT milestone mean for TRON’s price?

    USDT supply on TRON hits $80 billion

    As the crypto market eyes gains and stablecoin adoption grows, Glassnode has shared details that reveal a dramatic rise in Tether (USDT) supply on the TRON network.

    Notably, the Tether-issued US dollar-pegged token has surpassed the $80 billion supply mark as of mid-2025.

    This marks a significant leap from earlier years, with the supply growing steadily from negligible amounts in 2020 to over $60 billion by 2024, before accelerating sharply into 2025. As seen in the chart by Glassnode, there’s a steep upward trajectory, reflecting TRON’s increasing role in facilitating stablecoin transactions.

    USDT in circulation currently sits at around $157.4 billion. With more than half of the total circulating USDT at $80 billion is dominance that solidifies TRON’s position as a preferred blockchain for stablecoin settlements, outpacing competitors like Ethereum.

    The network’s efficiency and low transaction costs have likely driven this adoption, with institutional and remittance use cases further fueling demand.

    May 2025 saw a record $684 billion in transfer volume, while 283 million USDT transfers this year highlight explosive user adoption.

    TRON price prediction

    Currently priced at $0.27 with a 24-hour trading volume of $407 million, TRON has shown resilience.

    While price has recently dipped from highs of $0.29, bulls have held above the key support level of $0.20 since early January.

    The surge in USDT supply is a bullish signal, as it boosts network usage and attracts more users to TRON’s ecosystem, including DeFi and payment applications.

    Looking at the price outlook, several catalysts could drive TRX’s price higher.

    The potential launch of TRON-based exchange-traded funds (ETFs) could attract institutional investment, mirroring trends seen with Bitcoin and Ethereum.

    Additionally, strategic partnerships—such as collaborations with major financial institutions or further integration with Tether- might prove huge for TRX.

    Recently, it was announced that Tron is eyeing a public listing via a reverse merger. The deal, which reportedly eyes an IPO with Nasdaq-listed SRM Entertainment, will transform TRON into a treasury company.

    Short-term, TRX might test resistance around $0.30. A breakout above $0.30 will allow bulls to target December 2024 highs above $0.44, which formed TRX’s all-time high. Long term, TRON price will eye a rally to $1.
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  • Ether outperforms Bitcoin in May; ETH derivatives volume surpasses BTC on OKX

    Ether outperforms Bitcoin in May; ETH derivatives volume surpasses BTC on OKX

    Ether outperforms Bitcoin in May; ETH derivatives volume surpasses BTC on OKX

    • Ether (ETH) at $2,770, up nearly 11% this month, outperforming Bitcoin’s (BTC) 5% rise.
    • ETH (45.2%) now overshadows BTC (38.1%) in trading volume on OKX’s perpetual futures market.
    • Despite BTC volatility, institutions are “buying the dips,” with long-term holder supply growing, per Glassnode.

    As Asian markets kicked off their Thursday trading, Ether (ETH) was changing hands at $2,770, having demonstrated robust performance throughout the month.

    This strength, particularly in derivatives markets where it’s reportedly overshadowing Bitcoin (BTC), signals a growing institutional appetite for Ethereum’s structural growth potential and its pivotal role in bridging decentralized finance (DeFi) with traditional finance (TradFi).

    Meanwhile, the broader crypto landscape is seeing a significant surge in stablecoin activity, with Tron emerging as a key beneficiary.

    Ether has notably outperformed Bitcoin this month, with CoinDesk market data showing an almost 11% rise for ETH compared to BTC’s 5% gain.

    This divergence is partly attributed to increasing institutional trading demand for Ethereum. Lennix Lai, Chief Commercial Officer at crypto exchange OKX, told CoinDesk in an interview that sophisticated investors are increasingly betting on ETH, a trend evident in its derivatives market activity.

    “Ethereum is overshadowing BTC on our perpetual futures market, with ETH accounting for 45.2% of trading volume over the past week. BTC, by comparison, sits at 38.1%,” Lai revealed.

    This finding aligns with similar trends observed on other major derivatives platforms like Deribit, as CoinDesk recently reported, suggesting a significant shift in how institutional players are allocating capital within the crypto space.

    This isn’t to say that institutional interest in Bitcoin has waned. A recent report from on-chain analytics firm Glassnode indicates that despite Bitcoin’s recent price volatility, institutions have been actively “buying the dips.”

    Glassnode’s analysis showed that long-term holders (LTHs) realized over $930 million in profits per day during recent BTC rallies, a distribution level rivaling those seen at previous market cycle peaks.

    Remarkably, instead of triggering a broader sell-off, the supply held by these LTHs actually grew.

    “This dynamic highlights that maturation and accumulation pressures are outweighing distribution behavior,” Glassnode analysts wrote, noting that this is “highly atypical for late-stage bull markets.”

    Despite these underlying strengths, both leading cryptocurrencies remain susceptible to geopolitical risks and unpredictable “black swan” events, such as the recent public dispute between US President Donald Trump and tech billionaire Elon Musk.

    Such episodes serve as stark reminders that market sentiment can shift rapidly, even within structurally strong markets.

    However, beneath this surface-level volatility, institutional conviction appears to remain intact.

    Ethereum is increasingly being viewed as the preferred vehicle for accessing regulated DeFi opportunities, while Bitcoin continues to benefit from long-term accumulation by institutions, often via Exchange Traded Funds (ETFs).

    “Macro uncertainties remain, but $3,000 ETH looks increasingly likely,” Lai concluded, offering a bullish outlook for Ethereum’s near-term price potential.

    Stablecoin surge: liquidity pours in, Tron leads the charge

    The stablecoin market is experiencing a significant boom, recently hitting an all-time high market capitalization of $228 billion, marking a 17% increase year-to-date, according to a new report from CryptoQuant.

    This surge in dollar-pegged liquidity is being driven by renewed investor confidence, buoyed by factors such as the blockbuster Initial Public Offering (IPO) of stablecoin issuer Circle, rising yields in DeFi protocols, and improving regulatory clarity in the US This influx of capital is quietly redrawing the map of where liquidity resides on-chain.

    “The amount of stablecoins on centralized exchanges has also reached record high levels, supporting crypto trading liquidity,” CryptoQuant reported.

    Their data indicates that the total value of ERC20 stablecoins (those built on Ethereum) on centralized exchanges has climbed to a record $50 billion.

    Interestingly, most of this growth in exchange stablecoin reserves has been a result of the increase in USDC reserves on these platforms, which have grown by 1.6 times so far in 2025 to reach $8 billion.

    When it comes to the blockchain protocols benefiting most from these stablecoin inflows, Tron has emerged as the clear leader.

    Tron’s combination of fast transaction finality and deep integrations with major stablecoin issuers like Tether is credited with making it a “liquidity magnet.”

    Presto Research, in a recently released report echoing these findings, noted that Tron notched over $6 billion in net stablecoin inflows in May alone.

    This figure topped all other chains and positioned Tron with the second-highest number of daily active users, just behind Solana.

    Tron was also the top performer in terms of native total value locked (TVL) growth.

    In contrast, both Ethereum and Solana experienced significant stablecoin outflows and losses in bridge volume during the same period, according to Presto’s data.

    This suggests a potential lack of new yield opportunities or major protocol upgrades attractive enough to retain or draw in fresh stablecoin capital on those networks.

    Presto’s data confirms a broader trend: institutional and retail capital alike are increasingly rotating towards alternative Layer 1 and Layer 2 solutions like Base, Solana (despite recent outflows, it still attracts users), and Tron.

    The common denominators among these favored chains appear to be faster execution speeds, more dynamic and evolving ecosystems, and, in some cases, more substantial incentive programs.
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  • Bitcoin price surpasses $111K for first time; institutional demand strong

    Bitcoin surged to an unprecedented high on Thursday, breaching the $111,000 mark for the first time as a confluence of factors, including growing institutional demand and positive regulatory signals from the US, fueled a wave of bullish sentiment across the cryptocurrency market.

    The world’s original cryptocurrency climbed as much as 3.3% on Thursday to achieve a new record of $111,878, according to data compiled by Bloomberg.

    This landmark achievement was not isolated, as smaller tokens also caught the updraft; second-ranked Ether, for instance, was up approximately 5.5% at one point during the rally.

    A significant undercurrent of optimism is currently buoying Bitcoin.

    This has been notably stoked by the recent advancement of a key stablecoin bill in the US Senate, a development that has kindled hopes for greater regulatory clarity for digital-asset firms under President Donald Trump, who has expressed a generally pro-crypto stance.

    Alongside these regulatory tailwinds, surging demand from prominent institutional players is acting as a powerful driving force.

    Michael Saylor’s MicroStrategy, which has famously stockpiled over $50 billion worth of Bitcoin, leads a growing cohort of entities actively accumulating the token.

    “It has been a slow motion grind into new all-time highs,” observed Joshua Lim, global co-head of markets at FalconX Ltd.

    There’s no shortage of demand for BTC from SPAC and PIPE deals, which is manifesting in the premium on Coinbase spot prices.

    This demand is being met by a diverse group of buyers, including a flurry of lesser-known small-cap companies and newly established public firms led by crypto industry heavyweights, who are financing their Bitcoin acquisitions through various means, from convertible bonds to preferred stocks.

    Illustrating this trend, an affiliate of Cantor Fitzgerald LP is reportedly collaborating with stablecoin issuer Tether Holdings SA and SoftBank Group to launch Twenty One Capital Inc., a company designed to emulate MicroStrategy’s Bitcoin-centric business model.

    Separately, a subsidiary of Strive Enterprises Inc., co-founded by Vivek Ramaswamy, is in the process of merging with Nasdaq-listed Asset Entities Inc. to form a dedicated Bitcoin treasury company.

    Beyond momentum: quantifiable demand fuels rally

    Market experts emphasize that the current rally is not solely based on speculative momentum.

    “Unlike previous cycles, this rally is not momentum-driven alone,” stated Julia Zhou, COO of crypto market maker Caladan.

    It is quantitatively underpinned by measurable, persistent demand and supply dislocations.

    This suggests a more fundamentally sound basis for the ongoing price appreciation.

    Interestingly, Bitcoin’s outperformance relative to smaller cryptocurrencies, often referred to as altcoins, is widening.

    An index tracking these alternative tokens is down approximately 40% year-to-date, while Bitcoin itself has registered a 17% gain so far in 2025, highlighting a flight to perceived quality within the digital asset space.

    Activity in the options markets further underscores the bullish sentiment.

    Earlier this week, traders built significant Bitcoin positions, with call options at strike prices of $110,000, $120,000, and even an ambitious $300,000, all expiring on June 27, logging the highest open interest (number of outstanding contracts) on the derivatives exchange Deribit.

    This activity points to strong expectations of further upside.

    Tony Sycamore, a market analyst at IG, remarked in a note that the fresh record high demonstrates that Bitcoin’s sharp decline from a previous peak set on January 20 (to below $75,000 in April) was merely “a correction within a bull market.”

    He added, “A sustained break above $110,000 is needed to trigger the next leg higher towards $125,000.”

    Political intersections and market perceptions

    Bitcoin’s latest milestone coincides with President Trump preparing to meet with major holders of his memecoin at a dinner event at his golf club near Washington on Thursday.

    This event has drawn scrutiny from ethics experts, who argue it offers privileged access through transactions that directly benefit the president, thereby sparking criticism over potential conflicts of interest.

    While such events contribute to crypto’s growing mainstream presence, their direct market impact is debated.

    Yuan Rong Tan, a trader at QCP Capital, commented that such events “highlight crypto’s increasing cultural visibility, though they have not had a measurable impact on market dynamics at this stage.”

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  • Bitcoin ownership surpasses gold in the US as 50M Americans hold BTC

    Bitcoin ownership surpasses gold in the US as 50M Americans hold BTC

    Bitcoin ownership in the US

    • 50 million Americans now own Bitcoin, surpassing 37 million gold holders.
    • US firms hold 94.8% of publicly traded companies’ Bitcoin reserves.
    • US leads globally with 40% of all Bitcoin companies headquartered domestically.

    Bitcoin has officially outpaced gold in US ownership, marking a significant pivot in the country’s investment landscape.

    According to a new report released on 20 May by Bitcoin investment firm River, roughly 50 million Americans now own Bitcoin, compared to 37 million who own gold.

    This data underscores the rise of Bitcoin as a preferred store of value, reshaping traditional notions of economic security and reserve asset status.

    As Bitcoin ownership expands, it’s increasingly seen not just as a speculative instrument, but as a fundamental part of US financial infrastructure.

    US leads in global Bitcoin adoption and infrastructure

    The River report notes that the United States is the global leader in Bitcoin adoption, with 40 percent of all Bitcoin-related companies headquartered in the country.

    American firms also hold 94.8 percent of all Bitcoin owned by publicly traded companies worldwide, reflecting significant institutional backing.

    This dominance is supported by a robust ecosystem comprising crypto-focused startups, spot ETF launches, and policies promoting digital asset development.

    Regulatory momentum in Washington has further strengthened Bitcoin’s foundation in the financial system. Recent discussions around treating Bitcoin as a potential strategic reserve asset suggest growing political acceptance.

    Several politicians have floated the idea of the US government maintaining a Bitcoin reserve, signalling institutional confidence amid rising concerns over the US dollar’s long-term stability.

    Strategic demand rises amid economic uncertainty

    The shift toward Bitcoin is occurring alongside broader macroeconomic concerns. Moody’s recent downgrade of the US credit rating—ending over a century of top-tier ratings—has reinforced the appeal of decentralised alternatives.

    Investors increasingly view Bitcoin as a hedge against fiscal instability and inflation, particularly given its fixed supply and decentralised governance model.

    Bitcoin also offers practical advantages over gold in the digital age. The ease of storage, cross-border transfer, and liquidity make it an attractive option for both individual and institutional investors.

    This is particularly relevant in an era where digital finance is becoming the norm and where traditional safe-haven assets like gold face logistical and accessibility limitations.

    Rising ownership brings attention to volatility risks

    While Bitcoin is gaining legitimacy as a reserve asset, it remains a volatile asset class. Unlike gold, which has maintained relatively steady valuations over time, Bitcoin has experienced frequent price swings—something that may deter more risk-averse investors.

    Nonetheless, the market appears to be increasingly tolerant of this volatility, especially as long-term returns continue to outperform traditional assets.

    Institutional support also plays a key role in this shift. Major asset managers such as BlackRock are incorporating Bitcoin into their portfolios, further validating its status.

    Meanwhile, crypto ETFs and custodial services are helping to bridge the gap between traditional finance and the digital asset space, making it easier for Americans to gain exposure to Bitcoin without navigating complex self-custody solutions.

    As Bitcoin ownership grows, it reflects not just a shift in preference, but a broader transformation in how Americans perceive financial security and resilience.

    The trend is still developing, but the numbers now place Bitcoin squarely ahead of gold—at least in terms of how many Americans are betting on it.

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  • Best crypto to buy as Bitcoin (BTC) surpasses Google in global asset rankings

    Best crypto to buy as Bitcoin (BTC) surpasses Google in global asset rankings

    Best crypto to buy as Bitcoin (BTC) surpasses Goggle (GOOGL) in global asset rankings

    • Bitcoin recently surpassed Google in global market cap rankings.
    • Bitcoin Pepe is quickly approaching $10 million in its ongoing BPEP token presale ahead of exchange listing.
    • Bitcoin Pepe promises to bring meme coins to the Bitcoin network.

    Cryptocurrencies led by Bitcoin (BTC) are making waves as they disrupt the global asset rankings.

    Bitcoin (BTC) recently surged past $106,000, overtaking Alphabet (NASDAQ: GOOGL) to become the sixth-largest asset globally by market capitalisation.

    In another sign of crypto’s growing financial footprint, Tether—the largest stablecoin issuer—now holds more in US Treasury securities and gold reserves than Germany.

    According to data from the US Department of the Treasury, Tether’s holdings have exceeded Germany’s $111 billion in US Treasuries.

    These developments underscore the rapid momentum behind digital assets, as they increasingly rival and, in some cases, surpass traditional financial institutions in scale and influence.

    As capital increasingly flows into digital assets, investors are seeking the next high-potential projects that could ride this bullish wave.

    Among them, Bitcoin Pepe is quickly emerging among the best crypto to buy, especially for those looking to enter the market during this market resurgence.

    Bitcoin’s surge above Google in market cap

    On May 19, 2025, Bitcoin overtook Google’s parent company, Alphabet Inc. (GOOGL), in global asset rankings by market capitalisation.

    This came as Bitcoin’s price topped $106,000, lifting its market value past the $1.67 trillion mark.

    This development underscores a broader trend: institutional and sovereign-level confidence in Bitcoin is growing.

    Governments, hedge funds, and publicly traded companies are all adding BTC to their treasuries, with the most recent being Metaplanet, which added 1,004 bitcoins to its holdings.

    While traditional tech stocks have been a staple in investment portfolios for decades, Bitcoin’s narrative as “digital gold” and a decentralised store of value is winning hearts and capital across global markets.

    Its fixed supply, combined with growing demand, continues to push its valuation higher even amid periodic market corrections.

    Moreover, Bitcoin’s performance relative to top-tier equities is shifting perceptions. In previous market cycles, critics dismissed BTC as speculative or too volatile.

    That said, the rapid ascent of Bitcoin is also catalyzing interest in adjacent crypto projects, particularly those aiming to build on Bitcoin’s foundational strength.

    Bitcoin Pepe is emerging as a top buy as BTC surges

    As Bitcoin continues to dominate headlines, Bitcoin Pepe is quickly positioning itself as one of the most promising investment opportunities in the crypto market today.

    Built as the world’s first meme-based Layer-2 for Bitcoin, Bitcoin Pepe is more than just a viral token, it represents an ambitious plan to bring Solana-style speed and scalability to the Bitcoin network.

    Bitcoin Pepe’s native token, BPEP, is currently in the final stages of its presale.

    Having already raised over $9.8 million in the presale, Bitcoin Pepe has drawn significant interest from early backers who see both the narrative and technological edge it brings to the table.

    The current BPEP presale price is $0.0342. Notably, the token has seen a 62.9% price rise since the presale started a few weeks ago, with a 5% increase in each presale stage.

    Bitcoin Pepe’s roadmap is equally ambitious. Once the presale comes to an end, the price of BPEP is expected to rise substantially, especially after it hits centralised exchanges shortly after the presale ends.

    Beyond the presale hype, Bitcoin Pepe has introduced a new token standard by the name of PEP-20 token standard, which allows users to launch their own memecoins on Bitcoin’s blockchain.

    By introducing ultra-fast transactions and negligible fees, Bitcoin Pepe aims to empower a new generation of creators and investors to build directly on the most secure blockchain in existence.

    Despite the broader market experiencing a minor pullback today, the sentiment around Bitcoin Pepe remains overwhelmingly bullish, fueled not only by retail investors but also by crypto influencers and key opinion leaders (KOLs) who recognize the project’s unique positioning at the intersection of memes, Bitcoin, and scalable infrastructure.

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  • Bitcoin slips below $40k as Bitbot’s presale surpasses $300k

    Bitcoin slips below $40k as Bitbot’s presale surpasses $300k

    Key takeaways

    Bitcoin’s selling pressure continues as BTC dips below $40k

    Bitcoin, the world’s number one cryptocurrency by market cap, has been underperforming over the last few days. It is down by more than 20% since the spot Bitcoin exchange-traded funds (ETFs) were approved two weeks ago.

    At press time, the price of Bitcoin stands at $39,761, down by roughly 1% in the last 24 hours. Despite the current bearish trend, market participants still expect the bull market to launch in full force this year.

    The Bitcoin halving is barely three months away and it usually signals the beginning of a Bull Run. If the bullish cycle commences this year, Bitcoin and altcoins could record massive gains in the coming months. 

    What is Bitbot? 

    The current bearish trend in the market hasn’t put a dent in the Bitbot presale. It has been a week since the Bitbot presale began and it has already crossed an important milestone. 

    The rising demand for Bitbot’s token can be attributed to its unique value proposition in the market. Bitbot is a Telegram trading bot that puts the power in the hands of the user. It is a self-custodial trading bot that enables users to trade via their cold wallets on Telegram. 

    Bitbot provides an innovative way of trading as it leverages Telegram’s position as one of the leading social media platforms for crypto users. 

    Per the development team, Bitbot will provide numerous powerful features to help traders grow their trading portfolios. The features would be institutional-grade, granting them access to world-class trading functions.

    The Bitbot team comprises individuals with vast experience in various fields including traditional finance and blockchain. With Bitcoin expected to reach new highs in the coming months, trading volume will skyrocket in the crypto market if that happens. 

    Bitbot’s trading innovations

    Bitbot is working to develop excellent trading tools for traders. With the right level of adoption, its native token could become one of the biggest winners in the bull cycle. 

    An exciting aspect of Bitbot is that the tool prioritises security. According to the team, Bitbot will work with Knightsafe to offer a self-custody solution. Thus, mitigating the typical risks associated with Telegram trading.

    Part of the funds raised from the presale will be directed towards the development of anti-MEV and anti-rug solutions for users to protect their assets. These features would enable traders to protect themselves from bots artificially pumping transaction costs and block scam projects.

    BitBot uses an ultra-flexible wallet management fuelled by non-custodial API technology. The trading tool also uses the open-source smart contract wallet to provide a way superior security level for the non-custodial solution to users.

    Bitbot is working on a copy trading feature that would allow investors to copy the trades of the strongest performing wallets based on on-chain activities; predicted to be one of the most popular aspects of the product.

    Bitbot raises over $300k in a week

    The Bitbot presale is moving on excellently. The team has raised more than $300k a week after the presale began. The presale is currently in its second stage and the team is close to reaching the $410,000 target set for this round. 

    The new milestone of $300k shows that Bitbot is gaining fast adoption within the cryptocurrency space. The $BITBOT token is going for $0.0105 in the current presale round and will increase to $0.011 once the third round commences. 

    Per the whitepaper, 20% of tokens will be held by the Bitbot development team to fund ongoing development. 14% to marketing & CEX listings while 3% is allocated to exchange liquidity provision.

    Click here to read more about Bitbot’s upcoming presale. 

    Could Bitbot be a top performer in 2024? 

    The US SEC has already approved spot Bitcoin ETFs and the Bitcoin halving is 89 days away. These catalysts could help push Bitcoin’s price to a new all-time high this year and the broader crypto market could benefit.

    The Bull Run could favour low-cap gems and Bitbot could be one of the biggest winners. Bitbot is putting in the work to become an excellent project for cryptocurrency traders.

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  • Bitcoin surpasses $37K following the election of a pro-BTC president in Argentina

    Bitcoin surpasses $37K following the election of a pro-BTC president in Argentina

    • At press time, Bitcoin was trading at $37,172.29.
    • BTC broke the $37K mark in the wake of Javier Milei’s victory in the Argentinian presidential elections.
    • Javier Milei is a pro-Bitcoin politician.

    Bitcoin experienced a surge, surpassing the $37,000 mark, in the wake of Javier Milei’s victory in the Argentine presidential election.

    Milei, a self-described anarcho-capitalist, clinched the presidency with a significant 55% of the votes, signalling a major political shift in the country.

    Pro-Bitcoin stance fuels market confidence

    Milei, celebrated for his pro-bitcoin stance, has positioned himself as a supporter of decentralized finance (DeFi) and a critic of central banks. His victory has resonated positively within the cryptocurrency community, with Bitcoin enthusiasts optimistic about the potential impact of a pro-bitcoin leader in Argentina.

    While Milei sees Bitcoin as a crucial tool for economic revival, it’s important to note that he has not proposed making Bitcoin legal tender in Argentina. Nevertheless, his commitment to reducing the influence of central banks and embracing decentralized financial systems has propelled Bitcoin to new heights.

    Market reacts amid AI token sector gains

    The broader cryptocurrency market witnessed an overall increase of nearly 2% in the past 24 hours, with the artificial intelligence (AI)-focused token sector leading the gains as explained in a previous news article. 

    The Bitcoin and broader cryptocurrency surge appears to be driven by both the political developments in Argentina and unrelated positive developments in rising AI projects.

    Bitcoin price movements

     

    Traders, however, are expressing caution, highlighting potential market reactions following the release of Federal Reserve meeting notes scheduled for Tuesday. The anticipation of low liquidity towards the end of the week adds an element of uncertainty to the market.

    As Bitcoin continues to make headlines with Milei’s victory, market participants will be closely monitoring global economic developments and central bank announcements for further insights into potential market shifts.

    This news marks a significant moment in the intersection of politics and cryptocurrency, emphasizing the growing influence of political leaders on the digital asset landscape.

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  • Bitcoin tops $28k as Memeinator’s presale surpasses the $700k milestone

    Bitcoin tops $28k as Memeinator’s presale surpasses the $700k milestone

    Key takeaways

    • Bitcoin is trading above the $28,400 mark and could rally higher in the short term.

    • Memeinator’s presale has now surpassed $700k three weeks after its launch.

    The cryptocurrency market has been positive so far this week, with most coins and tokens in the green zone. Memeinator’s presale has now crossed an important milestone as the team continues to raise more funds.

    Bitcoin eyes the $30k level

    Bitcoin, the world’s leading cryptocurrency by market cap, has been performing well since the start of the week. It has added more than 2% to its value in the last 24 hours, and the price of Bitcoin currently stands at $28,456 per coin.

    The broader cryptocurrency market has also been rallying, with the total crypto market cap now close to the $1.1 trillion mark. If the bulls remain in control, Bitcoin could test the $30k resistance level in the short term. 

    What is Memeinator?

    The cryptocurrency market has been performing well so far, and investors continue to enter new projects. Memeinator is one of the projects investors have been focusing on in recent weeks. 

    Memeinator is a project that is riding the meme coin wave and seeks to provide numerous utilities to users. The project intends to get rid of worthless memes and become one of the leading meme tokens in the crypto space. 

    There are thousands of meme token projects in the crypto space, but most of them don’t offer utility to users. 

    Memeinator will differ from most of them as it will leverage AI technology to identify worthless memes, allowing investors to know them and steer clear of them. With the right level of adoption, Memeinator’s development team want the token to reach a market cap of $1 billion in the medium to long term. 

    The Memeinator presale began roughly three weeks ago and has already attracted thousands of investors in the crypto space. The MMTR price began the presale at $0.01 per token, and the price will rise to $0.0485 by the end of the presale, giving early-bird investors a whopping 132% ROI at listing, which is only the start of it.

    The team also plans to launch a Memeinator game at the presale’s conclusion. The Memeinator game players will get to eliminate enemy memes in a good old-fashioned shoot-em-up. 

    Why is the Memeinator presale growing so fast?

    Memeinator could be garnering interest from investors thanks to the project’s unique use case in the crypto market and beyond. The project is appealing to a wide range of audiences, from degens to crypto natives and speculators, giving it the opportunity to become a hit in the market. 

    Memeinator is set to leverage AI to analyse and evaluate memes on the internet, identifying lower-quality memes to replace or “destroy. The project is dedicated to uplifting meme culture and quality while also championing the most imaginative and impactful content. 

    The team also took its tokenomics into consideration as it seeks to provide value for the holders and participants. The MMTR token has some excellent features, such as deflationary mechanisms and rewards for holders, incentivising the project for holders in the long term. 20% of the tokens are allocated for marketing, CEX listing and liquidity. 

    Click here to read more about the Memeinator presale.

    Is the Memeinator a good buy? 

    The Memeinator has so far raised over $700k in less than three weeks since the presale began. The project is an exciting one for investors as it will leverage AI technology to provide excellent value to investors in the medium and long term.

    The team intends to grow the project to a billion-dollar market, and early investors would be the biggest winners if that happens. With the right level of adoption, Memeinator could become one of the leading meme tokens in the crypto space. 

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