Schlagwort: crypto market

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PUMP holders sell at a loss as Pump.fun founder confirms airdrop won’t happen soon

  • Two wallets dumped 1.25B PUMP coins within 2 hours, incurring $1.19M loss.
  • The move came after Pump.fun founder confirmed delays in the much-awaited airdrop.
  • The alt exhibits bearishness amidst community restlessness, down 4% in the past day.

Pump.fun’s meme token has failed to keep pace due to massive dumps from key investors.

PUMP has plummeted from its private sale price of $0.004 to $0.002202 amid overwhelming selling pressure since the July 12 public sale event.

The meme token’s sell-off continued today.

Lookonchain data shows two whale wallets, linked to early investors, dumped 1.25 billion PUMP coins within two hours.

The combined sale was worth approximately $3.81 billion and led to losses of over $1.19 million.

The participants offloaded at $0.00305 per token.

The continued sell-offs have stirred concerns among PUMP holders.

While enormous token sales from early investors are usual in the digital assets space, the timing and scale of Pump.fun’s sale, combined with disappointing updates about the much-awaited airdrop, magnified the bearish momentum.

Pump.fun founder confirms no immediate airdrop

While analysts speculated that delayed airdrop prompted the considerable token dumps, Pump.fun’s founder has cemented this fact.

The meme generator’s founder, Alon Cohen, addressed the airdrop concerns during an interview with Michael ThreadGuy Jerome on Wednesday.

Alon confirmed that the project will hold an airdrop.

However, he emphasized that the giveaway event will have to wait, as the current priority remains ecosystem development and long-term growth.

Alon clarified that Pump.fun targets a well-executed and meaningful giveaway that rewards the community instead of rushing to meet hype-fueled deadlines.

He said:

We want to make sure that it is a meaningful airdrop and it is executed well. We’re actually focusing on bringing back a lot of that attention and hype to our ecosystem. That being said, the airdrop is not going to be taking place in the immediate future.

Alon added that they will communicate any details and timelines when it’s appropriate.

While the explanation may have made sense to some, others view it as a delay that signals internal uncertainty or fading momentum.

Private investors exit Pump.fun

Despite official confirmation, on-chain experts have identified addresses dumping PUMP as those that purchased during the early public sale period.

The most alarming thing is the participants are opting to exit at a loss.

That could only indicate two things: a lack of trust in PUMP’s short-term performance or strategic exits before a liquidity crunch.

PUMP price action

Pump.fun’s native token has lost nearly 4% in the past 24 hours to trade at $0.02202.

Technical indicators demonstrate downward pressure.

PUMP trades below the vital 50- and 100-Exponential Moving Averages on the 1D chart, confirming dominant sellers.

the 1D RSI at 55 suggests room for more PUMP dips before oversold situations emerge.

Also, 3HMACD displays a weakening momentum, failing to decisively surpass the signal line since the July 18 bearish crossover.

With technicals and fundamentals screaming bearish, Pump.fun’s native token remains poised for extended declines before securing a reliable footing.

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BNB hits a new ATH of $804. How high can it go? Check forecast

Key takeaways

  • Binance’s BNB coin surged by nearly 5% in the last 24 hours and has hit a new all-time high of $804.
  • The coin could hit $900 soon if bullish sentiment remains.

BNB hits $804, market cap surpasses Solana

BNB, the native coin of the Binance ecosystem, is up 4.5% in the last 24 hours. The coin added 15% to its value in seven days to hit a new all-time high of $804 a few hours ago.

The positive performance means that BNB’s market cap now stands at $111 billion, making it the fifth-largest cryptocurrency by market cap. It surpassed Solana’s SOL, which has a market cap of $108 billion.

Analysts now expect BNB to rally higher thanks to growing retail interest. Data obtained from CoinGlass shows that the futures Open Interest (OI) in BNB at exchanges rose to a new yearly high of $1.23 billion earlier today from $1.05 billion on Monday. 

This is the highest OI levels for BNB since December. Rising OI represents new or additional money entering the market and is likely to fuel prices higher.

In addition to that, BNB’s funding rate has flipped positive, reading 0.023% earlier today. Positive funding rate usually indicates a bullish bias, which could result in a rally for the cryptocurrency. 

BNB could rally to $900 soon

The BNB/USD 4-hour chart has turned bullish after the coin rallied to a new all-time high earlier today. The RSI of 73 shows that BNB is still not in the overbought region, suggesting further upward rally. The MACD lines are also within the positive region, indicating a bullish bias.

BNB/USD 4H Chart

If the rally continues, BNB could test the psychological level at $900, setting a new all-time high in the process. The coin could experience a pullback after hitting a new all-time high. If that happens, BNB could likely test the weekly support at $742 before resuming its rally.

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PENGU targets new all-time high amid NFT sales volume surge

Key takeaways

  • PENGU is up 20% in the last 24 hours, making it the best performer in the top 50.
  • The coin could rally past the all-time high price it set seven months ago.

High NFT sales volume pushes PENGU higher

PENGU, the native token of the Pudgy Penguin ecosystem, is the best performer among the top 50 cryptocurrencies. The coin added 20% to its value in the last 24 hours, nearly 45% in seven days.

The rally comes amid growing NFT sales volume. NFT collection saw $9.65 million in sales volume over past week, pushing floor price from $10 to $16.88. In addition to that, whales have been accumulating the token as they anticipate further upward price movement.

Whales have accumulated over 200 million PENGU tokens since the start of the month, with this activity supporting the price rally. Furthermore, PENGU’s trading volume has spiked 230% over the last three weeks. PENGU’s on-balance volume indicator shows continued buying pressure in the market.

PENGU could take out its all-time high price of $0.05738

The PENGU/USD 4-hour chart is extremely bullish as the memecoin added 40% to its value in the last seven days. The technical indicators are also bullish, suggesting that the buyers are fully in control.

The MACD lines are within the positive region, while the RSI is 81. Both indicators reveal that PENGU has a bullish bias at the moment. At press time, PENGU is trading at $0.04503. 

PENGU/USD 4H chart

If the rally persists, PENGU could break above the $0.047 resistance level over the next few hours. PENGU is only 22% away from its all-time high, and the bulls could push the price to a new ATH.

However, the memecoin could be subject to a correction after a long period of rally. If that happens, it will likely retest the first major support level at $0.036. The PENGU/USD 4-hour chart is still not efficient, and an extended bearish run would see the token tap the EPA level at $0.03372.

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XRP to hit $10 in 2025? Analysts weigh the possibility


  • XRP trades above $3.50 amid rising institutional interest and bullish sentiment.
  • Ripple’s SEC settlement boosts confidence and opens doors to regulated financial products.
  • Whale accumulation and strong technical signals point to a potential long-term breakout.

Momentum around XRP is picking up fast, and a growing number of analysts believe the token could be on track to hit $10 or possibly more within the next year or two.

The optimism is being fueled by a combination of factors: improving regulatory clarity, strong institutional interest, and bullish on-chain data showing that big players are steadily accumulating XRP.

XRP riding strong on bullish momentum

As of mid-2025, XRP is trading above $3.50, riding a wave of renewed investor confidence.

Whale activity and institutional wallet movements suggest a deeper belief in Ripple’s long-term vision, and that’s helping to lay the groundwork for more ambitious price targets.

This kind of buying pressure, especially from larger holders, often sets the stage for meaningful rallies.

One of the biggest game-changers has been Ripple’s legal settlement with the SEC.

With that cloud finally lifting, XRP has started to see more attention from traditional finance futures contracts, ETFs, and other regulated investment products are now being discussed seriously.

That added legitimacy could help XRP reach entirely new audiences.

What analysts say?

Price prediction platforms and crypto analysts have started to respond accordingly.

AI-driven forecasts from tools like ChatGPT and Grok estimate a possible trading range between $6 and $10, depending on how adoption and macro conditions evolve.

Some analysts are even more bullish: outlets like Cryptonews have projected XRP at nearly $6 by the end of 2026, while others say the $10 mark could come sooner if key resistance levels are broken and momentum holds.

The numbers support the story.

On-chain data shows a record number of large XRP wallets, and the token has recently outperformed both Bitcoin and many altcoins.

Technical indicators, such as major moving average crossovers, are also flashing bullish.

That said, not everyone’s convinced it’ll be smooth sailing.

XRP is known for its volatility, and some experts caution that its massive circulating supply could cause price stalls or sharp corrections even if the overall trend remains positive.

Changelly’s technical model, for instance, expects XRP to hover between $2.40 and $5 before any breakout above $6 is sustained.

Still, the sentiment is generally upbeat. Many analysts believe XRP has a legitimate shot at hitting $10 by 2026 or even earlier.

A few more aggressive forecasts float numbers as high as $15 or even $20 under ideal conditions like mass adoption, ETF approval, and a favorable economic backdrop.

In short, while XRP’s path won’t be without bumps, the pieces may finally be coming together for a breakout few thought possible just a couple of years ago.

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Bitcoin at $1M forecast gains ground as money supply heads for $200 trillion

  • The ratio of global M2 money supply to Bitcoin in circulation has reached a record level.
  • Only 21 million BTC exist, boosting scarcity appeal.
  • The psychological framing of Bitcoin reaching $500,000—or even $1 million—is now gaining traction in both retail and institutional circles.

As the world’s money supply expands at an unprecedented pace, a growing number of market participants believe Bitcoin could eventually hit $1 million per coin.

The belief isn’t based on speculation alone—it stems from hard numbers.

Central banks are printing more money, governments are spending at record levels, and the global M2 money supply is expected to double from $100 trillion to $200 trillion by 2035.

With Bitcoin’s supply capped at 21 million, this massive influx of liquidity could create a potent supply-demand imbalance.

Money supply surge boosts BTC case

Bitcoin maximalists and macro-focused analysts now frequently cite monetary debasement as a key reason to hold the pioneer cryptocurrency.

Fred Krueger, a longtime Bitcoin advocate and investor, posted on X that “it will take 1 trillion USD moving into Bitcoin to get to 1 million.”

He argued that with the global money supply rising rapidly, “zero chance we don’t get there.”

The scale of monetary expansion is central to this view. Over the last 12 months, global liquidity has surged at one of the fastest rates on record.

Central banks across the US, UK, Europe, and Asia have continued accommodative policies, with large fiscal deficits becoming the norm.

These conditions, according to market observers, reduce the purchasing power of fiat currencies and push investors to explore alternatives.

River, a Bitcoin-focused financial services firm, highlighted that those who held BTC from July 2024 onwards have outperformed against money debasement tenfold.

This reinforces the narrative of Bitcoin as a hedge against currency dilution and economic instability.

M2 liquidity per BTC hits record

The ratio of global M2 money supply to Bitcoin in circulation has reached a record level.

According to decentralised finance investor Christiaan, there is currently about $5.7 million in global M2 liquidity per single Bitcoin.

This is the highest ratio in over a decade and is used to illustrate how limited Bitcoin’s supply is compared to the volume of fiat money in the global financial system.

This ratio, sometimes referred to as the liquidity-to-scarcity index, suggests that even modest capital inflows into Bitcoin—whether from institutional investors or sovereign wealth funds—could drive prices sharply higher.

Given the fixed 21 million coin limit, with many lost or illiquid, the supply-demand mechanics remain a central argument in favour of long-term price appreciation.

Retail push and historical trend

Retail investors are also being targeted with simplified messaging. Davinci Jeremie, a popular Bitcoin influencer, posted a video on social media urging viewers to invest just $1 into Bitcoin.

His message, “spend a dollar to change your future,” reflects a broader campaign among Bitcoin supporters to increase grassroots participation.

The psychological framing of Bitcoin reaching $500,000—or even $1 million—is now gaining traction in both retail and institutional circles.

As inflation fears persist, and as tech stocks become increasingly correlated with macro trends, many see Bitcoin as a standalone asset with unique supply properties.

While Bitcoin remains volatile in the short term, these macroeconomic dynamics are positioning it as a long-duration hedge.

The rising M2 supply and systemic debt loads across developed nations continue to lend weight to the idea that digital scarcity may offer long-term protection.

Historical data also supports the current optimism. Over the past decade, Bitcoin has consistently outpaced fiat currency performance during periods of rapid money printing and inflationary risk.

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