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Hedera Price Prediction: Analysts Forecast $5 HBAR By 2025

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Hedera Price Prediction: Analysts Forecast $5 HBAR By 2025

Hedera (HBAR) has made a lot of improvements in 2024, and pushed the boundaries of tokenization and global payments.

After the November bull’s, HBAR’s price jumped from $0.04 to over $0.4 valuation – which pushed investors to speculate whether we could see Hedera at $5 in 2025.

However, the declining total value locked (TVL) and limited staking incentives still present a major obstacle to its trajectory. In this article, we’ll break down Hedera’s most important developments, price movements, and technical data. We’ll also take a look at PlutoChain ($PLUTO), a project that could redefine Bitcoin’s scalability. With its hybrid Layer-2 solution and over 2 million tokens sold in presale, PlutoChain could be the next project worth watching.

Let’s dive right in.

Hedera Hashgraph (HBAR) Price Prediction: Can ISO 20022 Compliance Drive a 20x Surge by 2025?

Hedera Hashgraph (HBAR) has carved out a unique place in the blockchain world with its focus on enterprise solutions and eco-friendly technology. 

Currently trading at around $0.29, the token has faced challenges in breaking out of its price range, which has hovered between $0.25 and $0.40 for weeks. While it’s far below its all-time high of $0.57, many believe HBAR still holds significant long-term potential.

Analysts like Crypto Kip predict HBAR could reach $5 by 2025, citing factors like its compliance with ISO 20022 standards, which make it particularly appealing to institutions and regulatory bodies. This compatibility positions Hedera as a strong candidate for integration into traditional financial systems, boosting its utility and adoption.

Bitcoin’s recent downturn and inflation concerns have impacted the crypto market as a whole, and HBAR hasn’t been immune. If the market continues to face headwinds, some analysts warn HBAR could dip to $0.25 or even lower. However, for investors looking to buy during dips, the potential for exponential returns remains. A price of $5 would represent nearly a 20x return from its current levels.

Technically, HBAR shows some promise. Its Relative Strength Index (RSI) remains above 57, suggesting the potential for a rebound if market sentiment improves. Breaking through the $0.40 resistance would require strong bullish momentum, but it’s not out of reach if adoption and partnerships accelerate.

With its focus on compliance, scalability, and efficiency, Hedera has the tools to grow. While challenges remain, particularly in the current bearish market, the long-term outlook for HBAR remains optimistic. 

PlutoChain ($PLUTO) Might Be Able to Unleash Bitcoin’s Full Potential with Hybrid Layer-2 Technology

Bitcoin’s long-standing issues with high fees, network congestion, and sluggish transaction speeds have been a source of frustration for users. 

Enter PlutoChain ($PLUTO), a project that could tackle these challenges head-on. Using its hybrid Layer-2 solution, PlutoChain could enhance Bitcoin’s efficiency and expand its functionality.

PlutoChain’s approach involves creating a parallel network that works alongside Bitcoin’s blockchain. This Layer-2 network offers 2-second block time compared to Bitcoins 10-minute block time. By potentially addressing these challenges, PlutoChain could shift Bitcoin’s role from a static store of value to a dynamic and adaptable blockchain

The platform also supports Ethereum Virtual Machine (EVM) compatibility, which may allow developers to transition Ethereum-based projects—such as DeFi apps and NFTs—into Bitcoin’s ecosystem. PlutoChain’s infrastructure can process 43,200 transactions daily, which proves that it’s ready for real-world use.

To make sure that everything is secure, PlutoChain passed audits by SolidProof, QuillAudits, and Assure DeFi. Regular stress tests and adherence to international standards further reinforce its reliability. PlutoChain stands out for its decentralized governance model. Early users play an active role in deciding future partnerships, upgrades, and features. This approach makes sure that the project stays aligned with community needs while fostering trust and engagement.

PlutoChain could do more than fix Bitcoin’s limitations. It might expand Bitcoin’s capabilities and reimagine its role in the blockchain world. By combining speed, security, and user-driven innovation, PlutoChain could set the stage for Bitcoin’s next era.

Wrapping Up

Hedera (HBAR) is working hard to stay competitive, making progress in areas like tokenization, global payments, and NFTs. 

Still, it’s not without challenges. Declining total value locked (TVL) and questions around staking incentives leave the road to $5 looking uncertain for now. On the other hand, PlutoChain ($PLUTO) might be stepping in to fill a major gap in the market. 

By introducing a hybrid Layer-2 solution, it could address Bitcoin’s scalability problems and bring smart contracts into the mix. PlutoChain could reshape Bitcoin’s role, especially in DeFi, and potentially open up new possibilities for the world’s biggest cryptocurrency.

Disclaimer: This Press release article is provided by the Client. The Client is solely responsible for this page’s content, quality, accuracy, products, advertising, or other materials. Readers should conduct their own research before taking any actions related to the material available on this page. The Crypto Basic is not responsible for the accuracy of info and any damage or loss caused or alleged to be caused by the use of or reliance on any content, goods, or services mentioned in this press release article.

Please note that The Crypto Basic does not endorse or support any content or product on this page. We strongly advise readers to conduct their own research before acting on any information presented here and assume full responsibility for their decisions. This article should not be considered investment advice.

Bonk Price Prediction: Can Bonk 10X This Bull Run Amidst JetBolt’s Remarkable Move Up

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Bonk Price Prediction: Can Bonk 10X This Bull Run Amidst JetBolt’s Remarkable Move Up

The Solana-based meme token Bonk (BONK) went on a rally last week, climbing almost 10% over the last seven days. However, Bonk hit a roadblock experiencing a temporary pullback as President Donald Trump’s newly launched meme coin, $TRUMP, takes center stage. With this shift, can Bonk still achieve the target of soaring 10x in this cycle?

Amid this meme coin rollercoaster, the young token JetBolt (JBOLT) is making remarkable strides, with a smashing presale of over 280 million tokens sold at press time. Beyond its charming futuristic cat mascot, JetBolt offers zero-gas transactions and AI tech-powered utility.

As JetBolt moves its way up, can Bonk’s price really jump 10x in this bull run? Let’s explore the growing attention surrounding these two trending tokens.

Bonk Price: Could BONK skyrocket 10x in this bull run?

Bonk (BONK) is currently trading at $0.00002896, with a market cap of over $2.6 billion, ranking as the fifth-largest meme token by market cap. BONK’s nearly 10% rally the previous week was halted as the meme coin experienced a pullback following the launch of President Donald Trump’s official meme token, $TRUMP, on January 18th.

Dipping nearly 19% on January 14th, investors are taking advantage of Bonk’s price drop, accumulating the meme coin at its low price while hoping for gains when Bonk regains strength and resumes its uptrend. According to data shared by Onchain Lens on X, a whale has spent $2.17 million and 634 Solana tokens, valued at $152,000, to acquire 80 billion BONK coins.

This surge in large-scale buying signals increasing interest from major crypto holders, potentially indicating a bullish outlook for Bonk. Analysts believe that the digital asset market could experience a robust rally in the coming weeks, especially following Trump’s inauguration.

External market factors, including broader cryptocurrency trends and shifts in risk appetite, may have contributed to the dip. But despite this setback, analysts believe that BONK remains in a healthy correction phase. Plus, the meme token’s ability to hold key support levels will be vital in determining whether the bulls can regain control and spark a revival of the uptrend.

According to some analysts, the first step for BONK to make a sustained bullish move is to break above the upper trendline of the descending channel, which is between $0.000030 and $0.000031. Once this breakout happens, the next support levels BONK will need to hold on its way to a new all-time high are $0.00003657, $0.00004754, and a key resistance point at $0.00006340.

JetBolt: Rising quickly with advanced technology and a surging presale

Amid the ongoing meme coin trend, the presale token JetBolt (JBOLT) is gaining popularity in the crypto space. Exuding meme appeal with its playful, futuristic cat mascot, JetBolt is setting new milestones, moving up with an impressive presale of over 280 million sold tokens since its debut.

With the groundbreaking zero-gas technology powered by the Skale blockchain, JetBolt offers the crypto community something beyond meme appeal—a game-changing feature that eliminates high gas fees, which have long been troubling other blockchain users and Web3 developers. With JetBolt’s zero-gas tech, users no longer need to pay expensive gas costs when making blockchain transactions, while developers can potentially create a cost-saving wide array of Web3 projects, including decentralized applications (dApps), SocialFi, and more.

Winding its way up the crypto ladder with cutting-edge tech and Web3 utility enhancements, JetBolt also comes with a user-friendly Web3 wallet that enables new and experienced crypto insiders to seamlessly transact using the integrated WebAuthN  and face recognition features.

Furthermore, JetBolt’s staking program enriches the staking experience with enthralling extra perks. Blockchain users can earn reward tokens for connecting with friends on the platform while staking JetBolt tokens. Additionally, JetBolt amplifies its modern functionalities with the AI-driven aggregator tool that brings fresh blockchain content and the latest crypto news.

On top of these amazing attributes, there are also rewarding presale incentives that early participants can grab, especially the Alpha Box bundles, which give up to 25% bonus tokens for batch purchases.

And from day one of its presale, JetBolt boasts having a fully-functional ecosystem. It’s no wonder then that this dashing altcoin’s presale has surged to more than 280 million tokens sold, drawing the attention of crypto whales, altcoin buyers, and even meme enthusiasts who are looking to expand their meme coin portfolios by adding innovative new tokens.

Final Take: Bonk Hoping to Rally 10x this Bull Run Amidst JetBolt’s Remarkable Move Up

Amid the meme coin market full of hype and surprises, Bonk has gone a long way from being the first Solana dog meme coin. However, for BONK’s price to rally 10x, its market cap would need to surpass $26 billion, requiring sustained bullish momentum. Although its community support and adoption within the Solana ecosystem can provide robust support, BONK’s journey will depend on overcoming key resistance levels and prevailing market trends. Meanwhile, JetBolt’s momentum continues to spiral, fueled by its suite of groundbreaking features and innovative blockchain solutions. With a presale milestone of over 280 million tokens sold in such a short time, JetBolt positions itself amongst the new captivating tokens that could make bigger waves and drive the next-generation altcoin and meme coin trends.

To learn more about JetBolt’s distinguishing attributes and thriving presale, head to the official JetBolt website today.

Disclaimer: This Press release article is provided by the Client. The Client is solely responsible for this page’s content, quality, accuracy, products, advertising, or other materials. Readers should conduct their own research before taking any actions related to the material available on this page. The Crypto Basic is not responsible for the accuracy of info and any damage or loss caused or alleged to be caused by the use of or reliance on any content, goods, or services mentioned in this press release article.

Please note that The Crypto Basic does not endorse or support any content or product on this page. We strongly advise readers to conduct their own research before acting on any information presented here and assume full responsibility for their decisions. This article should not be considered investment advice.

Looking For Next Big Thing? Here Are 5 Meme Coins Could To Explode This Year

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Looking For Next Big Thing? Here Are 5 Meme Coins Could To Explode This Year

In the vibrant world of cryptocurrencies, meme coins are capturing the spotlight. With the bull market gaining momentum, some select digital tokens show potential for explosive growth. Investors are eyeing low-cost coins that could deliver massive returns. As market dynamics shift, understanding which meme coins might soar is crucial for those aiming to transform small investments into substantial gains.

Catzilla: Roaring Into the Meme Coin Arena With Unmatched Profit Potential

In the ever-evolving world of meme coins, new contenders constantly emerge, and Catzilla is positioning itself as an ambitious player. Drawing inspiration from successful tokens like Dogecoin (DOGE), Shiba Inu (SHIB), and PEPE, Catzilla aims to blend viral meme culture with significant financial growth. What sets Catzilla apart is its unique storytelling—a giant, Godzilla-like cat wreaking havoc, which taps into the chaotic energy of Japanese kaiju culture. This game-based narrative not only engages gamers but attracts crypto investors looking for the next big thing.

With a fiery combination of anime-inspired chaos and a rebellious mission, Catzilla is rallying crypto enthusiasts and cat lovers, and anime fans to join its movement for a more equitable, decentralized crypto space.

Catzilla is Ready to Disrupt the Market!

Unlike many meme coins that burn bright and fade away, Catzilla is here for the long haul, offering investors real potential with a massive 700% ROI. Catzilla’s presale offers a 14-stage process, giving investors multiple opportunities to buy in early. With each stage, the token price gradually rises.

Unlock Triple Value for Maximum Gains

Catzilla operates on a threefold value proposition: epic gameplay, a unifying mission, and a vibrant community. Players can enjoy a thrilling game experience while earning rewards, all while being part of a growing movement that merges the fun of meme culture with the potential for financial freedom.

Join the Catzilla Revolution

Catzilla positions itself as a symbol of resistance against the greed and manipulation often seen in the crypto world. By embracing its bold and monstrous persona, Catzilla seeks to restore the playful, decentralized nature of meme coins while ensuring a fair and transparent ecosystem for its users.

Join the Feline Frenzy! $CATZILLA Is on the Rise. Claim Your Share Today!

Degen’s Potential for Soaring Growth in Upcoming Altcoin Season

Degen (DEGEN) is currently priced between $0.007 and $0.013. It recently showed an impressive 6-month gain of roughly 107%. The Relative Strength Index (RSI) sits near 61, indicating potential upward momentum. If it breaks through the nearest resistance at $0.017, it could challenge the next level at $0.023, suggesting potential growth of nearly 75% from its lower range. However, a month-long decline of almost 23% warns of possible hurdles. The 10-day Simple Moving Average is above the 100-day, showing bullish sentiment. Yet, keeping an eye on the $0.005 support is crucial. With the bullish crypto market sentiment, DEGEN could rally if these levels hold firm.

Catwifhat (CWIF) Eyes Breakout as Altcoin Season Approaches

Catwifhat (CWIF) shows promise with recent price moves. Trading within the $0.0000001547 to $0.0000002847 range, CWIF has increased by over 33% in one week. This suggests buying interest. The relative strength index at 58.92 indicates it’s neither overbought nor oversold. If traders push above the nearest resistance at $0.0000003583, the price might rally towards the second resistance of $0.0000004883. That could mean an impressive climb. Yet, the yearly trend shows a challenging path with over a 66% decrease. Keeping an eye on these levels and watching for increased volume could be key for a potential breakout, especially as many hope for an upcoming altcoin season.

CHILLGUY: Is It Ready for a Bounce or More Declines?

Just a chill guy (CHILLGUY) shows mixed signals. Trading between $0.0891 and $0.1865, it faces resistance at $0.2504. Support is at $0.0556, suggesting a safety net for now. The 10-day moving average is above the 100-day, hinting at short-term strength. The RSI is near 60, showing it’s neither overbought nor oversold. Stochastic at 54 suggests a balanced momentum. MACD shows slight bullishness. Despite losing 68% over six months, there’s potential for a recovery of up to 34% if it breaks resistance. Investors feel hopeful for a switch in trends, but caution is advised. Watch these key levels!

Baby Doge Coin Could Surge or Slip: Key Levels to Watch

Baby Doge Coin is in a current price range between approximately $2.35e-9 and $3.35e-9. It recently saw a 14.7% rise in a week but dropped 20.77% over a month. Over six months, it’s up by 128.65%. The nearest resistance is around $3.96e-9, with the next at $4.96e-9. Support is near $1.95e-9. The Simple Moving Average for 10-days is higher than the 100-day one, showing short-term strength. The RSI is high, suggesting it might be overbought. The potential for growth hinges on breaking resistances. If momentum continues, we might see significant gains, but caution on overbought signals.

Conclusion

DEGEN, CWIF, CHILLGUY, and BabyDoge have less short-term potential. Catzilla stands out as the ultimate meme coin hero, aiming for financial freedom for all. With 700% ROI potential during its presale, starting at $0.0002 and rising to $0.0016 over 14 stages, Catzilla offers governance, rewards, and passive growth. Join the battle against crypto villains with $CATZILLA tokens.

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Disclaimer: This Press release article is provided by the Client. The Client is solely responsible for this page’s content, quality, accuracy, products, advertising, or other materials. Readers should conduct their own research before taking any actions related to the material available on this page. The Crypto Basic is not responsible for the accuracy of info and any damage or loss caused or alleged to be caused by the use of or reliance on any content, goods, or services mentioned in this press release article.

Please note that The Crypto Basic does not endorse or support any content or product on this page. We strongly advise readers to conduct their own research before acting on any information presented here and assume full responsibility for their decisions. This article should not be considered investment advice.

New Lawsuit Threatens Elon Musk’s DOGE Over Transparency Concerns

Albert Brown
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New Lawsuit Threatens Elon Musk’s DOGE Over Transparency Concerns

A legal battle is brewing over Elon Musk’s Department of Government Efficiency, aka DOGE.

According to the Washington Post, the National Security Counselors, a public interest law firm, is preparing to file a lawsuit claiming that DOGE violates federal transparency laws.

It alleges that the group disregards a 1972 law requiring certain advisory committees to follow specific disclosure and hiring practices. Per the report, the lawsuit could become official as soon as Trump takes office today.

DOGE’s Structure Under Scrutiny

Notably, DOGE is led by Musk and Vivek Ramaswamy, aiming to cut government regulations and spending programs. The group has hired staff and operates outside SpaceX’s Washington offices. Despite its high-profile leadership, the panel is not a formal government entity.

The incoming complaint asserts that DOGE should be considered a “federal advisory committee” (FACA), subject to strict regulations regarding public meetings, transparency, and balanced representation.

The FACA law requires advisory groups to file charters with Congress, allow public access to meetings, and maintain detailed records of discussions. According to the complaint, DOGE has failed to comply with these essential rules.

These actions, the plaintiffs argue, breach the FACA law. The National Security Counselors assert that DOGE’s operations must be transparent. They argue this is necessary to ensure that the advice it provides to the executive branch is subject to public scrutiny and regulatory oversight.

Supporters of DOGE Argue Against FACA

Meanwhile, DOGE supporters, including Sam Hammond from the Foundation for American Innovation, have reacted to the FACA arguments. Hammond contends that the group does not qualify as a formal advisory committee.

He further argues that the president has the right to seek advice from external experts without triggering FACA requirements.

He asserts that DOGE aims to implement reform ideas within the White House, which would exempt it from FACA regulations. However, the incoming lawsuit maintains that the lack of formal processes and transparency around DOGE raises serious legal concerns.

Meanwhile, the courts have long wrestled with balancing the need for transparency against the practical needs of the executive branch. While some private groups have been exempted from FACA’s reach, the current lawsuit suggests that DOGE’s role in advising the president on regulatory matters requires compliance with federal law.

Ripple CEO Spotted at Trump Inauguration Candlelight Dinner

Albert Brown
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Ripple CEO Spotted at Trump Inauguration Candlelight Dinner

Members of the XRP Army spotted the Ripple CEO Brad Garlinghouse at Donald Trump’s inauguration eve dinner.

On January 19, Trump’s transition team hosted an exclusive candlelight dinner at the National Building Museum in Washington, D.C., the night before Trump’s inauguration, which is unfolding today.

Among the dignitaries present at the event were executives from Ripple, including CEO Brad Garlinghouse and CLO Stuart Alderoty. Vice President-elect James David Vance exchanged pleasantries with Ripple’s executives upon his entrance.

Shortly thereafter, Donald Trump and his wife, Melania Trump, took the stage and delivered a speech.

Trump’s Speech at Dinner Night

At the Inauguration Candlelight Dinner, President Donald Trump expressed gratitude to his supporters. He highlighted the importance of the upcoming day, calling it a turning point in American history.

Trump praised the diverse political coalition that helped him win, including African Americans, Hispanics, and union members. He also thanked key individuals such as his wife Melania, Vice President-elect JD Vance, Laura Trump, and other political figures for their support and contributions.

He promised swift action upon taking office. They include reversing Biden administration policies, addressing border security, tackling inflation, and focusing on energy independence.

A significant part of his speech was the announcement that he would sign close to 100 executive orders upon taking office, many of which would be outlined in his address. He emphasized that the Trump administration would waste no time in fulfilling its promises to the American people.

Crypto Industry Eyes on Trump’s Executive Orders

Members of the crypto community are closely watching these executive orders. Early speculation suggested that the establishment of a Bitcoin reserve could be part of them.

As previously reported, Trump might issue an executive order prioritizing cryptocurrency at a national level. This could involve designating crypto as a strategic sector, creating a crypto advisory council, and formalizing the U.S. government’s nearly $20 billion Bitcoin holdings into a national reserve.

Fred Krueger, a Stanford PhD holder, is confident that Trump will announce the creation of a Bitcoin strategic reserve today. He believes this move aligns with Trump’s broader priorities, and delaying the announcement could create political challenges.

Krueger suggests that the reserve would resonate with key donors and industry stakeholders, making it a timely and strategic decision.

Reserve with XRP?

It is worth recalling that Ripple’s executives also met with Trump at a private dinner earlier this month, sparking speculation about “something massive in the works for XRP.”

Indeed, just a week later, news emerged that Trump is open to the idea of establishing a crypto reserve using assets of American origin like XRP.

Market Veteran Marks Two Regions on TRUMP Meme Coin Chart That Can Set off Price Rebounds

Sam Wisdom Raphael
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Market Veteran Marks Two Regions on TRUMP Meme Coin Chart That Can Set off Price Rebounds

Michaël van de Poppe, a notable market veteran, identifies two regions on the TRUMP meme coin chart that have triggered price rebounds.

The market analyst called attention to these areas in an analysis today, leveraging the 1-hour Official Trump (TRUMP) chart. Notably, the report comes two days after the meme coin launched, having increased by as much as 27,122% to currently trade at $51.6.

For context, TRUMP’s meteoric upsurge saw it skyrocket to a top price of $35, triggering a psychological resistance response at this level and a major pullback. The drop persisted until it found support at $21 and then recovered strongly, rising to a new peak of $79 on KCEX.

The First Support Range

According to van de Poppe, amid its rapidly volatile performance in the past 48 hours, TRUMP has observed two price regions that guide its market performance. The market watcher noted that the first one is situated between the $57 and $52 price range.

Notably, the earlier $79 top introduced resistance, with the asset’s price collapsing in a second retracement round. This triggered the first rebound region. Notably, as TRUMP slipped into the $57 to $52 support range yesterday, its price immediately rebounded, rising sharply to the $73 price in the evening amid a 36% bounce.

TRUMP 1h Chart Michael van de Poppe
TRUMP 1h Chart | Michael van de Poppe

Nonetheless, the ensuing roadblock was too strong for buying pressure to surmount. As a result, another pullback occurred on the back of the launch of Melania Meme (MELANIA) by Trump’s wife. 

TRUMP Respects the Second Support Level 

The MELANIA token sucked up liquidity from TRUMP, exacerbating the impact of the drop. This time, the pullback broke below the support at the $57 to $52 range, leading to steeper declines. This brought Michaël van de Poppe’s second support region into play.

For context, this second region lies between $46 and $40, presenting the last line of defense for the meme coin during bearish pressure. When the price dropped to this level, the bulls defended the region fervently, triggering a 68% rebound to $64 before the recovery efforts lost steam earlier today.

According to van de Poppe, with the TRUMP meme coin currently consolidating between $45 and the lower ends of the $50 mark, the best thing for it right now would be to drop to $25 to $30 and then trade in a range within this region before recovering.

This development could present an attractive region of entry for investors, bringing back buyers into the market for the next explosive run, especially as Donald Trump takes office today. At press time, TRUMP is down 11.8% today, according to CoinMarketCap, currently trading for $51.6 with a market cap of $10.32 billion. 

Rumble Announces First Bitcoin Purchase in Line With $20M Strategy

Albert Brown
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Rumble Announces First Bitcoin Purchase in Line With $20M Strategy

Bitcoin is now a part of Rumble’s balance sheet.

The Bitcoin treasury strategy bug is spreading like wildfire and shows no signs of slowing. Among the firms that have caught this bug over the past year is the online video platform Rumble. 

In November 2024, the firm announced a $20 million strategy following an interaction between its CEO, Chris Pavlovski, and perhaps patient zero of this Bitcoin treasury epidemic, MicroStrategy Chairman Michael Saylor.  Now, the firm has announced its first purchase.

Rumble Takes a Bite of the Orange Pill

Bitcoin is now a part of Rumble’s balance sheet.

On Monday, January 20, Rumble CEO Chris Pavlovski disclosed that the firm had made its first Bitcoin purchase on Friday, January 17, in line with its $20 million treasury strategy. He suggested that this would be the first of many, though the exact amount purchased remains undisclosed at the time of writing. 

 

In November 2024, the firm maintained that the timing and amount of Bitcoin purchases would be determined by management, considering several factors, including market conditions and its cash liquidity needs.

With the recently disclosed purchase, Rumble joins other public companies, like MicroStrategy, Semler Scientific, Marathon Digital, and Metaplanet, all actively pursuing a Bitcoin treasury strategy.

This strategy has typically led to increased interest in the stock of these companies, as investors regard them as potential Bitcoin proxies. 

Rumble’s share price closed on Friday, January 17, at $12.90, nearly 4% higher than its opening price of $12.45.  Still, the company’s gains are more likely related to the U.S. TikTok ban, which investors believe could shift attention to alternatives like Rumble.

Here’s New Dogecoin Price if Bitcoin Market Cap Hits $61T as Predicted By VanEck

Lele Jima
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Here’s New Dogecoin Price if Bitcoin Market Cap Hits $61T as Predicted By VanEck

Dogecoin could surge to a double-digit price if VanEck’s bold projection of a $61 trillion market cap for Bitcoin comes to fruition.  

Despite the recent bloodbath across the crypto market, investors are taking solace in some of the optimistic predictions issued for assets like Bitcoin. 

VanEck Sees Bitcoin’s Market Cap Hitting $61T By 2050 

Specifically, leading asset manager VanEck projected that Bitcoin’s market cap could rise to a staggering $61 trillion by 2050. The company envisions Bitcoin being a major part of global trade, settling 10% of international and 5% of domestic transactions. 

If Bitcoin achieves a market cap of $61 trillion by 2050, it would drive its price to around $2.9 million per coin. VanEck’s $61 trillion projection for Bitcoin represents a surge of 3,162% from the current valuation of $1.87 trillion.  

Dogecoin Correlation with Bitcoin 

Expectedly, VanEck’s bold forecast has sparked debates about how such a monumental surge in Bitcoin’s market cap could impact other cryptocurrencies, including Dogecoin. 

Like other crypto assets, Dogecoin has a strong correlation with Bitcoin’s price movements. It soars whenever Bitcoin witnesses a rally and dips anytime the premier asset plunges. 

According to data from IntoTheBlock, Dogecoin’s correlation with Bitcoin stands at 97% over the past 30 days and 95% in the past two months. 

Dogecoin correlation with Bitcoin
Dogecoin correlation with Bitcoin

Dogecoin Price if Bitcoin Hits $61T Valuation  

Therefore, if Bitcoin reaches a $61 trillion market cap, it could significantly impact Dogecoin, assuming both assets remain closely correlated. 

Should Dogecoin’s market cap experience the same surge of 3,162% as Bitcoin, its valuation will rise to $1.61 trillion from the current value of $49.44 billion. This will potentially take Dogecoin’s price to $10.9, marking a new all-time high for the firstborn meme coin. 

To demonstrate the significance of this monumental leap for Dogecoin, a portfolio of 10,000 DOGE, which costs around $3,352 at the current price of $0.3352, will be valued at $109,000.  

Other $10 Forecasts 

The $10 projection has recently gained prominence within the Dogecoin community. 

Last month, renowned market expert Dima James Potts forecasted that Dogecoin will reach the $10 target this cycle, specifically between February 11 and May 7, 2025. 

Similarly, prominent crypto chartist Ali Martinez believes that Dogecoin is capable of trading at $10 in its lifetime, referencing a technical analysis that could take DOGE price to the target. However, Martinez did not set a timeline for when this prediction could play out. 

Interestingly, Changelly experts speculate that Dogecoin will trade around the $10 mark by January 2040, approximately 15 years from now. By then, these experts expect Dogecoin to trade between $9.35 and $11.19 per token. 

Meanwhile, besides Dogecoin’s correlation with Bitcoin, other factors like adoption, macroeconomic trends, and geopolitical events could play significant roles in determining whether DOGE will hit the $10 mark in its lifetime. 

Legendary Trader Says Cardano Ready for Grand Bull Run: Is $500B Market Cap Possible?

Albert Brown
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Legendary Trader Says Cardano Ready for Grand Bull Run: Is $500B Market Cap Possible?

Legendary trader Peter Brandt believes Cardano (ADA) has reached its bottom, arguing for a grand bull run for the coin amid an impending altcoin season.

Cardano has recently shown bullish momentum, climbing above $1 after previously dipping below it. ADA’s price is $1.08 at the time of writing, reflecting a 4.07% increase in the last 24 hours and a 16.71% rise over the past week.

This resurgence has garnered renewed attention from traders and market analysts, who see potential for further growth.

Cardano Chart Analysis Pointing Grand Bull Run

Veteran chart analyst Peter Brandt recently shared his observations on ADA’s weekly chart, pointing to key patterns that signify a bullish outlook. Brandt’s analysis highlights a descending triangle pattern from 2022 that led to a downward price movement. 

This bearish trend persisted until early 2023 when ADA formed a classic double-bottom base around the $0.2 level. The double bottom, a strong reversal indicator, marked the end of the downtrend and set the stage for upward momentum.

Following the breakout from this base, ADA moved past the $1.20 in late 2024 level before encountering resistance.

According to Brandt, Cardano has completed its bearish phase, forming a solid foundation for a bull market. In parallel, he sparked optimism that a grand altcoin season could be around for ADA.

Image
Cardano chart by Brandt

Meanwhile, when asked about his value thesis for ADA, Brandt clarified that he is a chart-based swing trader without an underlying value thesis. Moreover, he noted has likely never traded Cardano.

Other Bullish Commentary on Cardano

In addition, analyst Crypto Rand pointed to further bullish signals for Cardano in a separate commentary. He highlighted a bullish pennant on Cardano’s chart following its sharp rally in late 2024.

According to the analyst, ADA has one of the most promising charts, arguing that ADA could rally to $2 soon.

Meanwhile, analyst Dan Gambardello has predicted Cardano could reach a $500 billion market cap and $14 per coin during its major bull run. He suggests a rally to $3 and $7 is feasible, with $14 achievable in a supercycle.

Spike in Network Activity 

On-chain data from IntoTheBlock reveals heightened activity on the Cardano network, reinforcing the optimistic sentiment surrounding ADA. The 7-day Net Active Change rose by 4.79%, reflecting a modest uptick in network engagement. 

Cardano Network Metrics
Cardano Network Metrics

More notably, the 7-day “Actively Accumulating Change” increased by 11.99%, signaling growing interest from long-term holders.

Additionally, the 7-day “Zero Balance Addresses Change” surged by 12.26%, suggesting the creation of new wallets or the reactivation of dormant addresses.

Here is the Current Donald Trump Net Worth Thanks to His New Meme Coin

Okoya David
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Here is the Current Donald Trump Net Worth Thanks to His New Meme Coin

The net worth of President-elect Donald Trump balloons nearly 700% thanks to his Solana-based meme coin.

President-elect Donald Trump caused a significant buzz over the weekend with the unexpected launch of a meme coin, Official Trump (TRUMP), on the Solana network just days before his inauguration. This coin, which has unsurprisingly seen rapid success, may have now ballooned Trump into crypto billionaire status.

Trump’s Net Worth Up Nearly 700%?

Trump’s net worth on paper has ballooned nearly 700% from about $7 billion per a Forbes estimate just over a week ago to about $53.5 billion per the TRUMP price of $58.15 at the time of writing, which theoretically places him among the top 30 richest persons in the world.

This net worth would have been around $71 billion when TRUMP traded at highs near $80, an over 10 times increase from Forbes‘ previous estimate.

This potential boost comes as CIC Digital LLC, a Trump-controlled entity, holds 80% of the TRUMP token supply. For context, TRUMP has a 1 billion token supply, putting Trump’s potential stake at 800 million coins.

These coins have a three-year unlock schedule, which theoretically allows Trump to access and sell an average of 24 million TRUMP a month, worth nearly $1.4 billion at current prices, per an Axios estimate.

The official TRUMP project website asserts that the meme coin is not an investment product but rather a means to express support for the project’s ideals.

However, this has not stopped ethical debates around the project, especially as crypto looks set to benefit from the president-elect’s promised policies.

A Family Affair

As the debates and hype around TRUMP rage on, the incoming first lady, Melania Trump, has also launched her own eponymous meme coin, Official Melania Meme (MELANIA). Unsurprisingly, MELANIA has also seen rapid success, hitting a market cap of over $2 billion overnight and trading around the $11 price point.

Unlike TRUMP, however, only 35% of MELANIA is reserved for the project’s team.

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