Monat: Juli 2025

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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.

The post Memecoin (MEME) jumps 29% amid significant volume spike appeared first on CoinJournal.

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Bitcoin price forecast: White House crypto report omitted BTC reserve update

  • White House report omitted Bitcoin reserve update.
  • BTC holds steady near $118k with bullish technical signals.
  • ETF inflows and low selling pressure fuel price optimism.

Bitcoin (BTC) is entering August 2025 in a position of strength, despite growing anticipation over a missed opportunity in Washington.

On July 31, the White House released its long-awaited crypto policy report, but to the dismay of Bitcoin advocates, it made no substantive update on the Strategic Bitcoin Reserve initiative first announced in March.

Nevertheless, as the federal silence lingered, market indicators revealed that BTC could be gearing up for another bullish breakout.

This disconnect between regulatory direction and market performance is reshaping sentiment as traders weigh both political cues and on-chain metrics.

White House fails to clarify on BTC reserve

For months, Bitcoin supporters had looked forward to the July crypto policy report, especially after the Trump administration signalled a pro-Bitcoin stance earlier this year.

In March, an executive order established the Strategic Bitcoin Reserve, drawing comparisons to El Salvador’s bold accumulation strategy.

Hopes were high that the report would outline further steps to expand the reserve or detail future BTC acquisitions by the US government.

However, the 166-page report only briefly mentioned the reserve initiative. Tucked away in its final section, the mention served more as a recap than an expansion plan.

While the document introduced detailed proposals on regulation, banking access, and tax reform, it failed to address whether the US would actively purchase Bitcoin as a strategic asset.

The omission disappointed many in the crypto community. Several analysts called it a missed opportunity, especially given Bitcoin’s growing stature on the global asset leaderboard.

Still, others viewed the report’s tone as a step forward, with Bitcoin now being discussed independently from other digital assets — a clear sign of evolving recognition.

Bitcoin (BTC) is resilient despite political ambiguity

Even without direct government support through reserve accumulation, Bitcoin’s performance remains robust.

The cryptocurrency surged to a new all-time high of approximately $123,000 on July 14.

After a modest correction, it has been consolidating in a tight range between $117,000 and $118,000, currently trading at $118,383.

This steady behaviour comes even as the broader crypto market has experienced more dramatic swings.

The contrast has sparked speculation that Bitcoin’s price is preparing for a sharp move. Given the current low selling pressure and increased institutional interest, any upward shift could gather momentum quickly.

The GENIUS Act, signed recently into law, also added to Bitcoin’s tailwinds by making stablecoins more accessible.

Although rate cuts did not materialise in the latest Federal Reserve decision, the steady macro environment appears to be offering BTC room to rally independently.

ETF inflows and technical signals remain bullish

Market structure continues to favour the bulls. Spot Bitcoin ETFs saw massive inflows in mid-July, with over $2 billion entering the market in just two days.

BlackRock’s IBIT alone now holds more than $80 billion in assets under management. These ETFs are now among the largest Bitcoin holders, owning around 1.4 million BTC — roughly 6.6% of the total supply.

On the technical side, the MVRV ratio currently sits near its 365-day average at 2.2, historically a level that precedes major rallies.

Bollinger Bands are tightening, and the RSI remains neutral at 42.65, suggesting there’s still room for price expansion.

Bitcoin price analysis

Going by the technical analysis, if BTC breaks above $119,900, a return to its all-time high could be swift.

Trade volume also supports this outlook. In the past 24 hours alone, Bitcoin’s volume rose by 12%, reaching $70.3 billion.

This growing activity, paired with strong holding behaviour among long-term investors, signals that upward pressure could intensify in the coming days.

The post Bitcoin price forecast: White House crypto report omitted BTC reserve update appeared first on CoinJournal.

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Ethereum price prediction: ETH derivatives data shows weak momentum

  • ETH derivatives show weak momentum despite strong ETF inflows.
  • Ethereum’s network activity and TVL continue to decline.
  • Technical analysis hints at long-term upside, but traders stay cautious.

Ethereum (ETH) has seen a strong price surge in recent weeks, gaining more than 54% over the past month and trading at around $3,755 at press time.

However, despite this rally and strong spot ETF inflows, derivatives market data paints a very different picture, casting doubt on whether Ethereum can break through the psychologically significant $4,000 level any time soon.

In essence, the disconnect between bullish institutional inflows and weak derivatives metrics raises several questions for market participants.

Is Ethereum’s recent rally sustainable, or is it merely a reflection of speculative optimism driven by ETF hype?

Furthermore, are investors losing confidence in Ethereum’s network fundamentals amid rising competition from rival blockchains?

Derivatives market tells a cautious tale

While Ethereum’s spot market has been energised by inflows into exchange-traded funds, futures data shows traders are hesitant to commit to leveraged bullish positions.

As of Thursday, the annualised funding rate for ETH perpetual futures had fallen back to 9%, down from 19% earlier in the week, with the ETH OI-weighted funding rate dropping to 0.0043% from 0.0163% on July 21.

ETH OI-weighted funding rate

This suggests waning demand for long positions, even after a near 46% gain in ETH price since early July.

This behaviour is unusual. Historically, rising prices coincide with stronger futures premiums, yet the current trend indicates hesitation.

The 3-month ETH futures premium has also softened slightly to 6%, down from 8% just days ago.

While this still sits within a neutral range, it reveals a reluctance among whales and market makers to bet aggressively on further price appreciation in the near term.

Ethereum network weakness frustrates investors

The cautious tone in derivatives is likely being fueled by stagnant on-chain activity.

Ethereum’s total value locked (TVL) dropped to a five-month low of 23.4 million ETH, falling 11% in just 30 days.

That sharp decline comes despite ETH’s rising dollar value and highlights a significant reduction in the volume of assets being deployed within the ecosystem.

In contrast, Solana’s TVL only fell 4% during the same period, while BNB Chain’s TVL rose 15% in native token terms.

These shifts show that competing platforms are either maintaining or growing their utility at a time when Ethereum’s activity appears to be plateauing.

Even more concerning is Ethereum’s decline in dominance among decentralised exchange (DEX) volumes.

According to DefiLlama, Ethereum recorded $81.32 billion in DEX activity over the past month.

Solana surpassed that with $82.9 billion, while BNB Chain led with a staggering $189.2 billion.

These figures highlight that Ethereum is no longer the go-to platform for certain core DeFi activities.

Technical analysis signals a mixed ETH price outlook

Despite lukewarm derivative activity, technical analysts remain divided on Ethereum’s future trajectory.

Popular investor Ivan On Tech has pointed to a symmetrical triangle pattern that could lead to a breakout toward $7,709, more than double the current price.

Meanwhile, another analyst, Mikycrypto Bull, has identified a long-term ascending triangle formation dating back five years, which could theoretically launch ETH as high as $16,700.

Adding to the bullish sentiment is a recent MACD crossover on the monthly chart, a signal that has preceded major rallies in previous cycles.

However, while long-term technicals hint at explosive potential, short-term forecasts are more cautious.

ETH must first break through $4,100 and hold above $3,700 to sustain its upward momentum.

Corporate confidence grows amid market doubts

Institutional and corporate adoption of Ethereum continues to grow.

Firms such as SharpLink Gaming and World Liberty Financial have accumulated substantial ETH reserves in recent months.

SharpLink now holds over 438,000 ETH and actively stakes its assets to generate passive income.

World Liberty Financial has acquired over 77,000 ETH, with recent purchases near $3,294 per coin.

These moves suggest that some institutions are positioning Ethereum as a long-term strategic asset.

Their investments reflect confidence in Ethereum’s evolving role as foundational infrastructure for decentralised applications and finance.

The post Ethereum price prediction: ETH derivatives data shows weak momentum appeared first on CoinJournal.

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Solana DEX volume dips 20% after co-founder slams meme coins

  • Solana’s DEX volume has lost nearly $700 million since Monday.
  • The downside follows comments from its co-founder criticizing meme tokens and NFTs.
  • The remarks sparked debates, especially since meme cryptos have fueled Solana’s growth.

The latest comments from Solana’s co-founder, Anatoly Yakovenko, left speculative trading enthusiasts shaken.

Meanwhile, the blockchain reflects the impact on the decentralized exchange (DEX) front.

Yakovenko dismissed NFTs and meme coins as assets without intrinsic value in a July 27 X post.

He compared them to a mobile game loot box, which serves speculative individuals.

Meanwhile, the comments dented sentiments as Solana’s DEX volume has seen a 220% decline from Monday’s $3.071 billion to $2.374 billion today.

While sudden dips are not uncommon in the cryptocurrency industry, some participants are connecting the dots.

Meme cryptos have fueled Solana’s growth

It is the irony that grabbed the community’s attention. While meme tokens lack traditional utility, they have been vital in Solana’s latest boom.

Nearly all themed cryptocurrencies that have dominated trends in the past few years launched on the SOL blockchain.

PNUT, WIF, FARTCOIN, and the current PENGU, you can name them.

Furthermore, Solana boasts the largest meme launchpads (Pump.fun and Raydium).

At times when top chains like Ethereum and Cardano were quiet, Solana flourished due to viral meme assets and NFTs.

Moreover, leading Solana DEXs like Jupiter thrived during meme coin seasons.

With these trends, Solana attained a strong community, culture, profits, and growth momentum.

Thus, many equate Yakovenko’s comments to biting the hand that fed their ecosystem.

Solana-based exchanges have experienced substantial slowdowns days following the controversial comments.

Whether the 20% slide is a usual cool-off or a reaction to Yakovenko’s remarks, Solana’s ecosystem took a hit.

The tone might have discouraged some participants, who are likely considering alternative meme launchpads.

For digital assets enthusiasts, meme tokens and NFTs represent culture, accessibility, and creativity in the crypto industry.

Moreover, they lower entry barriers into Web3.

Meme tokens lack value, but drive excitement

Yakovenko’s comments weren’t unfounded. Most meme tokens lack utility beyond attention.

They face criticism since they lack legitimate backing, use cases, and the fact that most creators launch them as speculative plays.

Projects can record staggering surges overnight and crash within minutes.

You probably remember the controversial LIBRA case.

Libra surged to $224 million market capitalization project before crashing within hours, leaving its investors with massive losses.

Its current market cap is $3.94 million.

Hype, not fundamentals, dictates the life cycles of most meme coins.

However, they also work. While themed cryptocurrencies lack substance, they attract attention and excitement in the digital currency markets.

Also, they onboard retailers who want to join the market without navigating complex protocols.

This phenomenon has benefited Solana, putting it in the spotlight during periods when top blockchains felt dormant.

Though Yakovenko’s remarks appear true, they exposed the fragility between market behavior and logic in crypto.

Besides decentralization, the fun side of the blockchain industry remains vital for the sector’s liveliness.

The post Solana DEX volume dips 20% after co-founder slams meme coins appeared first on CoinJournal.