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PEPE Meme Coin Targets $0.000026 With a Post-Retest Jump

With meme coins turning bullish, will PEPE rise from $0.000020 to the critical resistance level of $0.000026?

As Bitcoin continues to hover above the $96,000 mark, the meme coin sector is gaining bullish momentum. The meme coin market cap currently stands at $105.06 billion, with a 4.47% surge in the past 24 hours.

Amid the sector’s recovery, PEPE is positioned at a psychological crossroads at $0.00002032.

PEPE Price Analysis

On the 4-hour chart, the PEPE price trend reveals a bullish rally crossing above the local resistance trend line. This recovery has resulted in a price jump of nearly 13.35% this week from the weekly opening price of $0.000017869, reflecting renewed investor confidence.

PEPE Price Chart
PEPE Price Chart

At press time, the breakout rally suggests a double top pattern at $0.00002101, signaling a potential critical resistance level. This indicates the bullish struggle to break above the 61.80% Fibonacci level, a significant barrier to further gains.

However, the recovery has increased the chances of a golden crossover between the 50 and 200 EMA lines on the 4-hour chart, which could attract more PEPE buyers. Additionally, the RSI line is maintaining a sideways track slightly above the midpoint, reinforcing bullish momentum.

Thus, the momentum indicator remains bullish, supporting the continuation of the uptrend.

PEPE Price Targets

Despite the double top reversal chances, the broader market recovery and bullish RSI signal an uptrend continuation. This keeps the meme coin traders optimistic. The 61.80% Fibonacci level breakout at $0.00002122 will mark a buying opportunity for price action traders.

Based on the price trend, the breakout rally will likely challenge the $0.000026917 as it remains the next key significant resistance level. This will further increase the chances of an extended bull run. On the bottom side, a breakdown under the 50% Fibonacci level will test the 38.20% support at $0.000018327, marking a crucial defense zone for the bulls. 

Analyst: Cardano Price on Track to Claim $6 as ADA Follows 2021 Fractal

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Market veteran Ali Martinez believes Cardano price is on track to double its all-time high this cycle as ADA follows the 2021 trajectory.

The analyst disclosed this amid Cardano’s (ADA) impressive rebound above $1 in the new year. Cardano, which began the year at $0.8450, has so far witnessed two consecutive bullish days, with the latest 10.36% gain this morning allowing it to cross $1 for the first time in over two weeks.

Amid this recovery push, Ali Martinez disclosed in a recent analysis that Cardano is now following a path similar to its trajectory in the 2020/2021 market cycle. He shared a 4-day ADA chart to corroborate this claim.

ADA’s Historical Data

Data from the chart indicates that Cardano experienced a price crash from a top of $0.3885 in April 2018, entering a major downtrend and consolidation channel from November of that year. This bearish consolidation persisted for 670 days, further exacerbated by the COVID-19 crash to $0.0177 in March 2020.

However, ADA eventually broke out from the channel in May 2020 and then slipped into an uptrend from November 2020 that lasted until August 2021, culminating in the $3.1 all-time high. During the period of this uptrend, Cardano spiked 4,095%. 

Cardano 4D Chart Ali Martinez
Cardano 4D Chart | Ali Martinez

Nonetheless, following the Terra and FTX implosions in 2022, Cardano collapsed with the rest of the market. The asset entered into another extensive bearish consolidation channel for 457 days, until its breakout from the channel during the start of the ongoing bull run in Q4 2023.

Cardano Enters Similar Uptrend

Despite this, Cardano did not enter into this cycle’s uptrend until early November, after the Donald Trump victory in the U.S. presidential election. ADA is now up 217% since it started the uptrend, but Martinez believes the rally is just beginning.

Just in 2020/2021, the analyst expects Cardano to sustain this upsurge for an extended period, setting a target of $4 over the next few weeks. However, data from his chart shows that he sees further upside to the $6.4 level as the ultimate target, culminating in a 2,210% increase from recent lows.

At press time, Cardano now trades for $1.06, having increased by over 10% today alone. With an 11.13% spike in the last 24 hours, ADA is now the second-largest gainer among the top 100 assets in the past 24 hours. The asset aims to solidify its hold above $1, potentially leveraging it for further upsurge.

Turkey’s Fifth-Largest Bank Garanti BBVA to Kickstart Bitcoin and Crypto Offerings to 27M+ Clients

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Turkey’s banking giant, Garanti BBVA, has announced plans to offer Bitcoin and other cryptocurrencies to its more than 27 million clients.

The fifth-largest bank in Turkey will soon allow its customers to buy and sell cryptocurrency through its subsidiary, Garanti BBVA Krypto. The crypto custody provider is a part of Garanti BBVA, a financial institution in which Banco Bilbao Vizcaya Argentaria (BBVA), the second-largest bank in Spain, holds over 85% of shares.

Meanwhile, BBVA’s latest crypto push involves collaborating with Bit2Me, a Spanish crypto exchange that debuted in 2014. The platform serves as the leading bank’s trade execution partner.

Garanti BBVA Forays into Cryptocurrency

According to the announcement, Garanti BBVA will allow its over 27 million customers to trade Bitcoin, Ethereum, and Circle’s USDC. Furthermore, it will add features like Request Payment and the Bonus Platinum Biometrics Card, allowing users to seamlessly transact their crypto assets.

Notably, Garanti BBVA has already started advertising cryptocurrency on its website since January 2024. However, as a pilot program, the service was unavailable to general clients.

Meanwhile, Garanti BBVA’s crypto venture came amid an easing regulatory climate in Europe since the implementation of MiCA. For context, the Markets in Crypto Assets (MiCA) regulation came into full effect on December 30, evolving the regulatory landscape in European countries.

European Banks Scrambling for Crypto Services

Bit2Me’s chief sales officer, Abel Peña, stated that large banks are scrambling to gain cryptocurrency exposure following the MiCA implementation. Notably, the new regulation allows banks to custody cryptocurrencies and offer them to customers.

Peña revealed that Garanti BBVA is one of the many banks that will debut the services imminently. He disclosed that Bit2Me is in discussions with more than 50 financial institutions in Europe and internationally willing to offer its users crypto spot trading.

Moreover, several European banks are already dabbling with cryptocurrency-related services. For instance, Germany’s Commerzbank announced in September that it would offer Bitcoin trading to its clients, joining Deutsche Bank, the largest bank in the country, which earlier forayed into the sector.

Rich Dad Poor Dad Author Crashes His 2025 Bitcoin Target by 30%

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Robert Kiyosaki, author of the financial literacy book Rich Dad Poor Dad, has revised his bold 2025 Bitcoin (BTC) prediction.

In a tweet on Thursday, Kiyosaki projected that the premier cryptocurrency will reach a price range of $175,000 to $350,000 this year. According to Kiyosaki’s forecast, Bitcoin must soar between 81.75% and 263.5% from its current price of $96,286 to reach the projected targets within the next 12 months.  

Kiyosaki Reduces Bitcoin 2025 Target By 30% 

This optimistic outlook represents a 30% reduction from his previous target set for 2025. In 2023, the Rich Dad Poor Dad author predicted that Bitcoin would reach $500,000 by 2025. 

He made the bold prediction despite Bitcoin trading at $21,898 at the time. However, in his New Year message, he reduced the target to a price range of $175,000 to $350,000. 

This prediction aligns with Kiyosaki’s optimistic view of the firstborn crypto asset. It is worth mentioning that Kiyosaki views Bitcoin as a hedge against traditional financial systems, economic instabilities, and geopolitical tension. 

In 2023, when he projected Bitcoin’s surge to $500,000, he emphasized that people were gradually losing faith in fiat currencies, especially the dollar. He encouraged saving in Bitcoin, indicating that this action could drive the asset to unprecedented levels. 

Previous Bitcoin Predictions From Kiyosaki 

In addition to the predictions above, Kiyosaki has set other bold targets for the world’s largest cryptocurrency. These include a potential surge to $100,000 by June 2024 and an increase to $350,000 by August 2024. 

Notably, Bitcoin eventually hit the $100,000 target six months after Kiyosaki’s projected timeline. The premier asset is still far from reaching the $350,000 target. It is significantly low from this level, trailing the target by 263.5% from its current price. 

Nonetheless, the prediction reflects Kiyosaki’s confidence in Bitcoin as a store of value and its ability to outperform other traditional financial instruments. It comes at a time when Bitcoin ranked as the best-performing asset globally in 2024, outperforming every major asset like gold, the S&P 500, and the NASDAQ 100. 

At press time, Bitcoin is trading at $96,286, up 0.25% over the past 24 hours and 0.48% in seven days. Bitcoin is currently down 11.2% from its all-time high (ATH) of $108,268, registered on December 17, 2024. 

XRP Dominates South Korean Market, Outshining Bitcoin and Dogecoin

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XRP leads volumes across South Korea’s exchanges as its price hints at a rebound.

The past few months have been filled with excitement for XRP holders. The rush on the asset does not appear to be slowing down, especially in South Korea, as WallStreetBets founder Jaime Rogozinksi has recently highlighted.

XRP Stealing the Spotlight 

WallStreetBets founder Jaime Rogozinksi confirmed XRP’s continued dominance in South Korea. In an X post on Thursday, January 2, he asserted that the crypto asset associated with Ripple Labs was taking the shine off of Bitcoin and Dogecoin in the East Asian country.

Rogozinksi’s statements come as XRP has led volumes across South Korea’s local exchanges over the past 24 hours, a trend that market participants have frequently observed as the asset has rallied in recent months.

Over the past 24 hours, XRP has seen nearly three times as much volume as Bitcoin on Upbit, with over $606 million compared to about $246 million for the latter, per CoinMarketCap data. Meanwhile, Dogecoin boasts volumes of about $210 million.

Similar trends can also be observed across other leading South Korean exchanges, such as Bithumb, Coinone, and Korbit. The trend highlights the strong interest in the asset in South Korea’s retail-dominated crypto investment landscape, which has been known to lead rallies in major cryptocurrencies.

The high interest aligns with XRP’s bounce this week. It has led gains among the top ten cryptocurrencies by market cap, rallying 24% from lows just below the $2 mark to highs near the $2.5 price point.

The End of the Long Correction?

Amid XRP’s recent bounce, some analysts have suggested the asset’s nearly one-month correction from seven-year highs of $2.9 may be over. Among them is “Dark Defender.”

The analyst suggested that XRP could be “warming up” for new highs, setting targets at $4.11 and $5.85. Meanwhile, WallStreetBets founder Jaime Rogozinksi has often sounded bullish on the asset in recent months as well, setting an $8 year-end price target if the crypto market is able to clinch a $5 trillion market cap.

Bitcoin Genesis Block Turns 16: Celebrating the Block That Launched a Revolution

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The crypto world celebrates a significant milestone today, January 3, as it marks 16 years since mining the Bitcoin Genesis Block.

On this day in 2009, Satoshi Nakamoto, Bitcoin’s pseudonymous creator, mined the inaugural block on a server in Helsinki, Finland. This event laid the foundation for the blockchain revolution and modern digital currencies. The block, also known as Block 0 or Block 1, remains a cornerstone of the Bitcoin network, forming the initial link in the unbroken chain of transactions.

The Genesis Block’s Historical Significance

The Genesis Block, distinct from all subsequent blocks, included a unique reward of 50 BTC sent to an inaccessible address. This design ensured that the coins could never be spent, a detail Nakamoto never explained.

Adding to its significance, Nakamoto embedded a message referencing a headline from the British newspaper The Times, which read: “Chancellor on brink of second bailout for banks.” This note has been interpreted as a comment on the 2009 financial crisis, reflecting Bitcoin’s envisioned role as an alternative to traditional banking systems.

Another peculiarity of the Genesis Block was its six-day gap from the second block’s mining, deviating from Bitcoin’s standard 10-minute block interval. Analysts suggest the delay could stem from technical adjustments in the early software. However, some enthusiasts see symbolic alignment with the six-day creation story in the Book of Genesis.

Evolution of Bitcoin Blocks Over 16 Years

Since 2009, Bitcoin blocks have evolved significantly, now encompassing thousands of transactions per block compared to the single transaction in the Genesis Block. The mining current reward stands at 6.25 BTC, following three halvings over the years.

These halvings occur roughly every four years, with the next one expected in April 2028. Despite these changes, the core structure of Bitcoin blocks remains intact, ensuring seamless continuity from the Genesis Block to present-day transactions.

Bitcoin blocks are mined every 10 minutes, a feature designed to maintain network security and stability. The mining difficulty adjusts every two weeks, ensuring consistent block validation times despite fluctuations in computational power.

Honoring Bitcoin’s Legacy and Mystery

Recent developments continue to highlight Bitcoin’s legacy and the enduring intrigue surrounding Satoshi Nakamoto. Last October, the city of Lugano in Switzerland unveiled a statue honoring Nakamoto’s anonymity. The monument, created in collaboration with the Plan B network and Tether, depicts a figure with a veiled face and a laptop, reflecting Bitcoin’s decentralized ethos.

Meanwhile, debates on Nakamoto’s identity resurfaced after a recent HBO documentary identified Canadian programmer Peter Todd as Bitcoin’s creator. Todd denied the claim, underscoring the ongoing mystery surrounding Nakamoto’s identity. The documentary adds to a rich history of speculation, keeping Bitcoin’s origin story as enigmatic as ever.

Hedge Fund Mogul Clifford Asness Predicts Bitcoin Crash to $10,000: Here’s the Timeline

Clifford Asness, a hedge fund titan and co-founder of AQR Capital, has raised eyebrows in his latest piece, in which he predicted a massive Bitcoin capsize.

The experienced market participant published a piece on Thursday sharing his perspective on the global market outlook for the next decade. Notably, his prediction applies to most financial vehicles in the US, including cryptocurrency.

Meanwhile, his crypto allocator view elicited the community’s attention due to its controversial nature. Asness predicted an over 100% upsurge in Bitcoin’s price, followed by a staggering capsize below the bear lows after the FTX implosion.

AQR Capital Co-Founder Calls Bitcoin a Digital Gold

The hedge fund mogul described Bitcoin as digital gold, pointing to its scarce properties despite calling it “useless.” He mentioned that the asset’s recent rise to the limelight has attracted skeptics who once did not believe in its potential.

“But when Bitcoin hit $100,000, we realized we had missed out on the next big thing and that leaving computers running did build digital gold,” he wrote.

Furthermore, he mentioned that Bitcoin would surge to $250,000 this year based on speculation about a strategic Bitcoin reserve. This factor and “a single Elon Musk tweet” could spur the over 100% upsurge.

However, the controversy stemmed from his suggestion that Bitcoin would crash to $10,000 ten years from now, specifically in 2035. Notably, his perspective on capitulation sparked a chain reaction from crypto enthusiasts.

For instance, a user stated that bears seemed tired of writing Bitcoin’s obituary in the present tense, so they switched to future predictions. However, he insisted that the crypto community would ridicule his perspective in the next ten years.

Asness Big Fartcoin Talk Sparks Surge

Meanwhile, Asness asserted that the meme coin Fartcoin will thrive. He stated that the asset will be one of the assets the allocator in his narrative still holds because “you have to dance with the one that brung ya.”

Notably, the comments correlated with a bullish Fartcoin price upsurge. The Solana-based AI meme coin surged to a new all-time high of $1.45 yesterday, continuing its recent price uptrend.

At the time of writing, Fartcoin has moved to the 79th position in the crypto market cap ranking, with a valuation of $1.34 billion. FARTCOIN trades at $1.35, up 11% in the past 24 hours.

Shiba Inu Lead Gives Shoutout to This New Shibarium Partner

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Shiba Inu lead Shytoshi Kusama reacts as popular Web3 game developer PlayFi Studios announces its upcoming arrival on Shibarium. 

In a tweet on Thursday, PlayFi announced it would integrate Shibarium to launch new play-to-earn (P2E) games for Shiba Inu community members. “Get ready for more fun on the Shibarium blockchain!” PlayFi announced. 

The upcoming partnership between PlayFi and the Shiba Inu ecosystem team will allow players to enjoy exciting games while earning digital rewards. This initiative further expands the utility of Shibarium, positioning it as a hub for Web3 gaming. 

Shiba Inu Lead Reacts 

PlayFi’s announcement comes in response to Kusama’s previous inquiry about when the game developer plans to adopt Shibarium. The accompanying image shows a social media post of Kusama asking ‘Wen Shibarium?‘ 

Interestingly, after PlayFi announced plans to launch on Shibarium, Kusama gave a shout-out to the project, echoing “PlayFi on Shibarium. I see you…” 

PlayFi Features 

PlayFi Studios offers a top-tier gaming experience for gamers at all levels. Its games are created using Unreal Engine 5 (UE5), exposing players to highly realistic games with quality graphics. 

Using Unreal Engine 5 allows PlayFi Studios’ games to take advantage of UE5’s RTX, Lumen, and DLSS technologies.  

The PlayFi Studios team uses its unique proprietary automated backend infrastructure to guarantee efficiency and seamlessly adapt to any Ethereum Virtual Machine (EVM). According to its website, PlayFI currently offers three games: CryptoBall, Oahu Nights, and MURK. 

Shibarium Partner Coming Soon 

It remains unclear when PlayFi and Shiba Inu will finalize the deal to become official partners. In the meantime, PlayFi noted that a partnership is loading. 

If finalized, PlayFi will become the latest project the Shiba Inu team will officially partner with, joining others such as Bad Idea AI, Welly Friends, Chainlink, K9 Finance, Imaginary Ones, Unification, and Zama. 

Each of these projects offers unique utility to the Shiba Inu ecosystem. For instance, K9 Finance offers liquid staking on Shibarium, allowing Shiba Inu community members to stake their tokens like BONE while retaining its liquidity. 

Notably, PlayFi aims to launch new P2E games on Shibarium, exposing players to new and exciting games beyond the existing ecosystem titles, such as Shiba Eternity, Shiboshi Rush, and Agent Shiboshi. 

XRP Heating Up: $4.1 and $5.85 Could Be the Next Price Milestones

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Analysts predict XRP is warming up for a potential major rally to $4.1 or $5.85 amid recent price fluctuations.

The bull run in XRP has stalled, and holders are growing impatient with the ongoing ranging pattern. After reaching a seven-year high of $2.87 last week, XRP’s explosive bull momentum lost its spark. 

It has since dipped to nearly $2, rebounded, dipped again, and is currently in the process of rebounding. At press time, XRP is trading at $2.40, up 3% over the past 24 hours. 

XRP Warming Up for $4.1 and $5.85

While XRP’s performance in the last few days has not been encouraging for market participants anxious for the next leg up, analysts are offering reassurance that the asset is merely warming up. Among them is Dark Defender, a widely followed technical analyst.

“We are warming up,” he said in a post on X, referring to XRP’s price action. He went on to highlight resistance levels and support zones that enthusiasts can watch for based on Fibonacci retracement levels.

According to Dark Defender, if XRP’s bull momentum regenerates, the next target for the asset is between $4.11 and $5.85. Notably, these price levels far exceed XRP’s all-time high, suggesting that the token could target an unprecedented price range in the short term.

For the more immediate target of $4.11, XRP would need to surge by 78.1%. Meanwhile, for the upper target of $5.85, XRP would require a more substantial 145% price increase to reach that level.

XRP Support to Watch

Dark Defender has also identified support levels at $2.13 and $1.88 in case XRP encounters bearish pressure that drags its price down. These levels are seen as favorable entry points or areas where an unexpected major correction could be defended.

Perspectives of Other Analysts on XRP’s Next Move

Other analysts have shared comparable views with Dark Defender regarding XRP’s next move when the bull run resumes. For instance, Ben “BitBoy” Armstrong has similarly argued that XRP could target $4.5 before experiencing a major price correction. 

At the same time, some commentators have noted that XRP may first face resistance at its previous peak of $3.84. Successfully overcoming this barrier would then open the door for much higher price levels.

Meanwhile, while proponents are calling for a continuation of the bull run, critics are warning that XRP’s bull phase may have already concluded, with some suggesting a potential drop to $0.60. 

However, other analysts have contested this forecast, believing that XRP may just be beginning its next major move. They cite its seven-year price compression and other bullish fundamentals surrounding the coin.

Raoul Pal Highlights XRP Appeal to the Average Joe in AI Agent Critique

Investment strategist Raoul Pal suggests that XRP has strong appeal among everyday investors seeking entry into crypto.

Despite being at the center of the long-running legal battle between the U.S. SEC and Ripple, which previously led to mass delistings from top exchanges, XRP has managed to hold on to its place as a top cryptocurrency by market cap over the years. Recently, Real Vision CEO Raoul Pal has shed light on one likely reason why.

XRP Commands Normie Appeal

Raoul Pal has suggested that the average person is likely to buy XRP when they come into the crypto market. The investment strategist noted this in an X post on Thursday, January 2, critiquing the current AI Agent craze in crypto.

AI agents are autonomous software that leverages AI to interact with the blockchain. Made popular by Truth Terminal, the bot associated with the popular Goatseus Maximus (GOAT) meme coin, these new crypto market players have been tipped to revolutionize everything from on-chain transactions to portfolio management. It also helps that most iterations are tokenized, allowing proponents to gain from an AI agent’s popularity.

Pal, however, has expressed the view that the craze, which is increasingly gaining ground as a key crypto meta for 2025, is a fad. He suggested that the narrative only took off because high-risk market players were seeking a new thrill. 

“Fartcoin funny. Holds attention. Ai16z not interesting to normies. They’ll come in an [sic] buy XRP anyway,” Pal wrote, suggesting a potential lack of market fit for AI agents while highlighting XRP’s appeal.

Possible Reasons

While Pal does not go into details, there are various reasons why XRP is likely to appeal to everyday users seeking entry into crypto. These include low fees, relative lack of complexity, and its contested association with Ripple, a recognized software firm with a strong reputation in payments.

These are some of the factors that have allowed the crypto to build a “cult-like” following over the years, as Pal aptly put it in a video that made the rounds in August 2024. 

Notably, the Real Vision co-founder has not always been optimistic about XRP’s prospects. At the time, he advised XRP investors to stop holding on to the crypto, which he described as “irrelevant,” in favor of following the market momentum to newer offerings. 

He was, however, soon forced to eat his words as XRP mounted a blistering 475% rally between November 2024 and early December 2024, outperforming the broader crypto market.

The rally was sparked by market optimism following Donald Trump’s election victory. Many anticipate that the incoming administration will bring further clarity to the asset that the current SEC had tried to label a security.