Injective price jumps as bulls extend gains amid Bitcoin spike

  • Injective price is extending gains above the $10 mark.
  • Bitcoin’s rally above $105k and real-world assets tokenization catalysts could drive the INJ price higher.
  • INJ technical outlook is largely bullish.

Injective (INJ) is among the top-performing altcoins on Monday as bullish sentiment sweeps through the cryptocurrency market.

The token is trading above $13.60, lifted by renewed investor confidence following Bitcoin’s surge past $105,000.

With macroeconomic optimism and progress on regulatory fronts driving broader market momentum, analysts suggest Bitcoin could challenge new all-time highs in the near term.

This backdrop is fuelling capital rotation into altcoins, with projects like Injective benefiting from increased speculative interest.

A layer-1 blockchain focused on decentralised finance and real-world asset tokenization, Injective has continued to attract attention as narratives around scalability and use-case-driven growth gain ground.

Injective price extends gains above $10

Injective (INJ) price is up 7% in the past 24 hours, gaining as top alts such as Ethereum, BNB, and Solana break to key levels.

The price of INJ has surged after recently breaking past the $10 mark.

Currently, it changes hands for around $13.62. However, it hovered at highs of $14.29 on May 12, 2025, to hit its highest level since late February.

Amid the price gains, Injective’s market cap rose to $1.37 billion, although the 24-hour trading volume remained modest at $172 million.

Having surged 46% in seven days and 67% in the last 30 days, the overall market interest might see bulls take control.

Bitcoin rally and RWA tokenization drive INJ price

While Bitcoin’s rally is fueling further optimism across the market, catalysts for INJ price also include strong institutional demand across its RWA ecosystem.

Tokenization is a key tailwind for Injective, with a recent Four Pillars report highlighting how this sector is shaping up INJ for traction.

Recent bull cycles have had DeFi, play-to-earn games, memecoins, and AI tokens explode.

Now, analysts say while these areas see growth, the RWA market’s growth has blockchains like Injective in the spotlight.

Injective’s network, optimized for the tokenization of traditional assets like stocks, stablecoins, and commodities, stands as a likely beneficiary.

Investors eyeing an on-chain opportunity are increasingly seeing it as the go-to platform.

RWA adoption may further boost INJ’s price momentum.

Injective price technical outlook

From a technical perspective, INJ’s daily chart paints a bullish picture.

INJ chart by TradingView

The daily Relative Strength Index (RSI) currently hovers in overbought territory.

However, it’s not overly extended to suggest more room for bulls.

If it sees a pullback, INJ will likely bounce off support around $11.05 and $10.22.

This scenario may align with the Moving Average Convergence Divergence (MACD), which shows a bullish crossover.

The histogram indicates an upward momentum. If this happens, bulls will target $16 and then $20.

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Shiba Inu price up 32% in a month as Trump trade deals and burn data lift momentum

  • Trump trade deal boosts overall crypto sentiment.
  • Open Interest reaches $263 million.
  • Analyst predicts SHIB could rise 4x from current levels.

Shiba Inu is making a comeback after months of sluggish price action, with data showing a 32% increase over the past month.

The turnaround comes as market sentiment improves, driven by recent macro developments, most notably a new trade deal announced by President Trump.

The meme coin, which had been stuck in a narrow range for most of 2025, is now trading at around $0.00001713 and has seen a spike in trading volume and open interest.

This surge has lifted SHIB’s 24-hour trading volume to $664 million and raised its market capitalisation to just over $10 billion, pushing it to the 15th spot among all cryptocurrencies.

SHIB burn rate drops 97.77% in 24 hours

A key factor behind SHIB’s recent surge was last week’s massive spike in the token’s burn rate.

However, in the past 24 hours, the burn rate has fallen by 97.77%, with just 427,479 SHIB burned during the period.

This comes after earlier spikes created upward price pressure, reducing available supply in circulation.

Open Interest remains high at $260 million, indicating that traders continue to bet on further price movements.

The sustained Open Interest points to growing participation in SHIB’s derivatives market, keeping the asset on traders’ radars.

Technical indicators support an upward trend

Technical analysis points to bullish momentum for Shiba Inu. Trading data shows that while oscillators such as the RSI and Stochastic remain neutral, the MACD and Momentum indicators show clear buy signals.

Key moving averages such as the 50-day and 200-day are aligned in favour of a bullish trend.

Analysts are monitoring these indicators for confirmation of a potential breakout, with current price action suggesting buyers are stepping in on every dip.

Analyst projects breakout target at $0.000081

According to analyst Javon Marks, Shiba Inu’s recent rebound, which has seen it gain nearly 30% in just a few days, could be the start of a much larger move.

He projects a possible 105% rally from current levels, with a breakout target of $0.000081. He also suggests that the price could increase up to fourfold if momentum holds.

Meanwhile, broader crypto sentiment has also been lifted by easing trade tensions between the US and China.

A 90-day tariff truce and signs of negotiation progress have spurred risk appetite among investors, with cryptocurrencies benefiting from the optimism.

The improved macro backdrop has reinforced bullish setups across digital assets, including SHIB.

 

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Best coins to buy: SUI, WIF and Bitcoin Pepe

  • As the broader market rallies, SUI, WIF, and Bitcoin Pepe are beginning to show signs of major upside.
  • Investor interest has been growing steadily. The presale has raised more than $7.8 million.
  • The project’s official page indicates that the token is expected to list on exchanges shortly after the presale ends.

Bitcoin hovered just above $104,000 on Monday, buoyed by improving risk appetite across global markets.

The total cryptocurrency market capitalisation rose 1.3% to $3.37 trillion, reflecting broader optimism following a significant easing in trade tensions between the United States and China.

The two countries agreed to a 90-day tariff reduction framework after high-level discussions in Geneva over the weekend.

Under the deal, US tariffs on Chinese goods will be lowered from 145% to 30%, while China will cut its tariffs on US goods from 125% to 10%.

The agreement, brokered by US Treasury Secretary Scott Bessent and USTR Jamieson Greer alongside China’s Vice Premier He Lifeng, is being viewed as a breakthrough in a trade standoff that has weighed on global markets.

Crypto markets, particularly meme coins, are benefiting from the resulting risk-on sentiment.

As the broader market rallies, SUI, WIF, and Bitcoin Pepe are beginning to show signs of major upside.

Sui (SUI) price climbs above $4

Sui (SUI) surged to $4.15 on Monday, lifted by a broader risk-on sentiment sweeping across global markets.

The bullish momentum in SUI reflects a wider market uptrend, with Bitcoin (BTC) close to breaching $105,000 and Ripple (XRP) targeting $3.00.

Sui is also gaining traction ahead of its “The Great Sui Odyssey #5” event in Vietnam on Saturday, where the focus will be on redefining AI, gaming, and DeFi within its ecosystem.

The layer-1 blockchain continues to position itself as a scalable, developer-friendly platform capable of powering advanced use cases such as large language models.

Technically, SUI remains in an uptrend. The MACD indicator is bullish, with the MACD line above the signal line, supporting the view of a breakout toward new all-time highs beyond the first-quarter peak of $5.38.

Dogwifhat extends rally

Dogwifhat (WIF) surged past its 100-day Exponential Moving Average (EMA) at $0.76 on Saturday, rallying 26% and closing above a key daily resistance level at $0.79.

At the time of writing on Monday, the meme token continues to climb, trading around $1.28, up 44% in the past 24 hours.

If bullish momentum holds, WIF could retest its weekly resistance level at $1.44 in the near term.

However, the Relative Strength Index (RSI) on the daily chart is signaling caution.

The indicator has pushed well above the overbought threshold of 70, suggesting stretched market conditions.

While extreme RSI readings often precede a pullback, there remains a possibility that the token sustains its uptrend with RSI elevated—particularly in strong momentum phases.

Should a retracement occur, the psychologically significant $1.00 mark is likely to serve as the first major support.

Bitcoin Pepe to list on May 31

Bitcoin Pepe is positioning itself at the intersection of two of the most powerful trends in crypto: Bitcoin’s established status and the viral appeal of meme coins. The project’s core message is clear:

“The opportunity isn’t subtle. Meme coins hit $100B without Bitcoin. Bitcoin sits at $2T without memes. We’re the first to merge them.”

Investor interest has been growing steadily. The presale has raised more than $7.8 million.

Central to the project’s technical proposition is the PEP-20 token standard—a mechanism enabling the launch of meme coins directly on the Bitcoin blockchain.

Bitcoin Pepe (BPEP) is currently available at $0.0326 in its ongoing presale, which is scheduled to conclude on May 31, 2025.

The project’s official page indicates that the token is expected to list on exchanges shortly after the presale ends.

Bitcoin Pepe’s potential exchange listing could act as a significant catalyst for further price appreciation.

With improving sentiment in broader crypto markets, BPEP may benefit from interest in meme tokens.

 

 

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