With one week already gone in the month of July, Ethereum has already begun to perform better than Bitcoin. While the gap is still very close, the outperformance of Ethereum over Bitcoin for only the second time this year could signal the entrance of better things for the altcoin market. If this continues, then an altcoin season might be on the horizon, as historical data shows it always begins with ETH outperforming BTC. So, let’s take a look at how both assets have been performing. Ethereum Barrels Ahead Of Bitcoin In July So far, in the month of July, the Ethereum price has been putting in more green candles, suggesting that bulls are making their move again. This has led to a small outperformance when compared to the Bitcoin price over this time period and could be the signal that altcoin season could be starting soon. Data from the CryptoRank website shows that Ethereum is already up more than 2.50% since the start of July. Meanwhile, the Bitcoin price, while having seen some price increases, is up only 1.20% at the time of this writing. Thus, Ethereum is already performing better in the month of July. If this outperformance continues, then this would be only the second time that the Ethereum price will be doing better than the Bitcoin price so far in 2025. The first was back in May, when the Ethereum price rallied by over 41% in one month. This was major compared to Bitcoin’s 11.1% move in that month. However, while the Bitcoin rally in the month of May saw its price reach new all-time highs, Ethereum continues to struggle and remains below its $4,800 all-time high levels. Nevertheless, Ethereum’s rally did translate to bullishness for the altcoin market as the likes of PEPE and BONK rallied by more than 100% in response to this. Given that Ethereum has led the altcoin season in the past, its outperformance of Bitcoin at this level remains a positive. If it continues, then the altcoin market could start to see further increases in price. And if Ethereum rises another 41% from here, it would put it right on the path to $4,000. However, the month of July has not historically been the best month for Ethereum, with an average return of +5.13%. The whole of the third quarter of the year is also a mixed bag for the altcoin, with an equal number of green and red closes over the last decade. Thus, it remains to be seen how the ETH price will perform this quarter and if it can successfully outpace Bitcoin.

• Floki Inu’s metaverse game has hit over 100,000 Veras minted since the June 30 launch.
• Valhalla has announced a $10,000 giveaway for early players.
• FLOKI’s weekly chart signals an explosive rally after prolonged declines.

Meme coins are stealing the show as Bitcoin tests $109,000, trading at $108,955. Meanwhile, FLOKI appears poised to lead the potential bull run as its metaverse game, Valhalla, sees explosive growth following the mainnet launch. The game has seen over 100,000 Veras minted since the June 30 mainnet launch, marking a massive entry into the online gaming sector. Further, the team has announced a $10,000 reward to celebrate this milestone. Early players who complete the tutorials qualify for the giveaway. The official announcement reads: Valhalla launched with a BANG on opBNB mainnet on June 30th and has just passed the 100K minted Veras milestone. To celebrate, we’re giving away $10,000 in prizes to the earliest players. These steps are crucial in attracting and retaining participants. Meanwhile, analysts watch FLOKI’s price charts amidst the optimism. A potential upside reversal pattern is emerging on the weekly timeframe after extended downtrends. A confirmation could trigger explosive moves and propel the meme token’s price to the key resistance at $0.00019082. That would mean an approximately 124% gain from Floki Inu’s current market price of $0.00008452. Let’s check how FLOKI could attain such a remarkable rally as its ecosystem gains strength amid Valhalla hype. Floki Inu ushers in utility with Valhalla Valhalla was among the most-awaited upgrades by the meme token community. It is beyond a game, representing a key foundation of Floki Inu’s long-term mission to transform into a utility-driven project. That matches the broader trend, where market participants are opting for crypto ecosystems with real-world utility. Valhalla gamers gather and battle with Veras, upgrade in-game assets and finally interact with other players. It leverages opBNB to guarantee smooth gameplay and low fees. That reduces entry barriers for new participants often turned off by expensive gas charges. That positions the dog-themed crypto project to grab mainstream attention, which will likely fuel long-term growth. The Floki Inu team has been consistent in delivering tangible value through launches like Valhalla, and the explosive activity surge shows the plan could be working. FLOKI price outlook: massive rally impending? Besides web3 gaming, Valhalla’s impressive growth has renewed sentiments around the native FLOKI. The meme coin shows signs of life after prolonged dips. It trades at $0.00008452 after gaining nearly 20% in the past week. Source – Coinmarketcap The bullish momentum follows the latest rebound from the support zone at $0.00003996. Floki Inu used this foothold to support massive rallies in late 2023, and that could be materializing. Continued Valhalla success and broad market surge could confirm a bullish reversal emerging on FLOKI’s weekly chart. That might trigger explosive gains toward the first crucial resistance zone at $0.00019082. That would mean an approximately 124% increase from the alt’s current price. The next resistance is at $0.00023966, beyond which FLOKI could witness a full recovery to $0.00029775. However, breaching $0.00003996 may cancel the bullish formation, catalyzing notable dips or sideways actions. The post FLOKI eyes 120% rally as Valhalla launches $10K giveaway after explosive weekly growth appeared first on CoinJournal.

• Dogwifhat (WIF) fell 7.71% to $0.8253, reaching a low of $0.8232.
• RSI hovers at 48.89 with no clear bullish momentum.

Dogwifhat (WIF) extended its losses on July 4, dipping to a daily low of $0.8232. It currently trades at $0.8253, down 7.71% over the past 24 hours. This price action drags its market capitalization to $824.43 million, marking a similar 7.71% decline. At the same time, the 24-hour trading volume plunged by 55.34% to $320.39 million, significantly reducing WIF’s market cap ratio to 38.87%.  Despite having a fully diluted valuation equal to its circulating cap, $824.43 million for 998.84 million tokens, the sharp drop in volume underscores evaporating trader interest. That evaporation, combined with strong intraday rejection near $0.94, hints at an intensified bearish phase. WIF Faces Key Inflection Point Amid Weak Momentum Technically, WIF struggles to reclaim strength after its previous attempt near the $0.94 level was rejected. The asset now tests the $0.82 region, which acts as a near-term support zone. If this base breaks, price action may accelerate toward the deeper accumulation range around $0.78.  Conversely, if buying activity returns, $0.94 will likely emerge as the next key resistance. A clean breakout past that could expose the token to the psychological threshold of $1.00. Momentum indicators echo the weakening price structure.  The Relative Strength Index (RSI) sits at 48.89, marginally below its 14-day average of 47.54. Although not in oversold territory, the lack of bullish divergence reflects hesitation among buyers. The RSI’s slight upward tilt shows resilience, yet no clear directional conviction appears on the horizon.  The Chaikin Money Flow (CMF), which now rests at -0.03, has slipped below the zero mark. This move signals a shift in capital outflow, reinforcing the broader bearish mood. Additionally, the convergence of the RSI with its moving average, along with weak bullish follow-through, suggests that traders remain cautious. While WIF retains long-term potential, the current price action demands careful monitoring. Sustained pressure below $0.82 could trigger wider liquidation. Unless volume recovers and RSI rebounds above 50, the short-term outlook remains bearish. Highlighted Crypto News Today
5 Reasons Little Pepe Could Be the Next Shiba Inu—but Smarter

• Humanity Protocol posted a 28% rally, bringing its price to $0.097.
• Over the last week, H has recorded a massive 375% surge.

The crypto market’s short-lived bullish correction has brought in a wave of red charts. The largest asset, Bitcoin (BTC), hovers at $109K, while the largest altcoin, Ethereum (ETH), trades at around $2.5K. In the altcoin crowd, Humanity Protocol (H) has weathered the uncertainty and posted a 28.12% jump in value within the last 24 hours.  The asset opened the day trading at the bottom range of $0.06986. With the potent bullish shift, the price ascended toward a peak of $0.0956, breaking through its key resistance levels between $0.06994 and $0.0951. As per CMC data, Humanity Protocol trades at around $0.09727, with the market cap reaching $177.52 million.  H price chart (Source: CMC) Notably, H’s daily trading volume has surged by over 26.06%, touching the $374.50 million mark. As reported by Coinglass, the market has observed a liquidation of $5.89 million worth of Humanity Protocol during this period.  Over the last seven days, H has recorded a 375% increase. The asset opened the week trading at $0.020, and with a steady bullish price movement, Humanity Protocol has climbed to the $0.097 range, the current trading range.   Will the Humanity Protocol Bulls Stay Strong? Humanity Protocol’s brief upward momentum might push the price up to the $0.08924 level. If the asset’s positive price trajectory holds and gains further strength, the price could likely jump toward the resistance above $0.08933. Upon clearing this zone, the bulls may initiate a strong bull run. Conversely, if the H market shows signs of exhaustion, the price could immediately fall back to the support at $0.08908. Further downside correction might trigger the asset to face a series of supports between $0.08898 and $0.08885. An extended slippage in price may lead to a steep fall to its former lows.  H chart (Source: TradingView) Additionally, the Moving Average Convergence Divergence (MACD) line of the asset has briefly crossed above the signal line. This crossover infers a bullish move, with the potential of a resilient uptrend. Humanity Protocol’s Chaikin Money Flow (CMF) indicator value of 0.18 hints at moderate buying pressure in the market, and the capital is flowing into the asset. It can support a potential continuation of the uptrend. Furthermore, the daily Relative Strength Index (RSI) found at 67.25 indicates that the asset might be approaching the overbought territory, with a pullback or consolidation ahead. Humanity Protocol’s Bull Bear Power (BBP) reading, settled at 0.024669, suggests a mild bullish dominance in the market. Highlighted Crypto News Can a Sudden 141% Volume Surge Push BEAM Out of Its Slump?

In the crypto world brimming with meme coins, Little Pepe ($LILPEPE) quickly set itself apart as a token with actual value and long-term potential.  Here are five reasons why Little Pepe could be the next Shiba Inu but with a smart, utility-based approach. 1. Purpose-Built Ethereum-Compatible Layer 2 Blockchain $LILPEPE isn’t just another meme coin on Ethereum; it is the native token of a genuinely purpose-built Layer 2 chain, designed explicitly for meme and community-oriented projects. The Little Pepe offers 20 times the transaction speed and 90% lower fees compared to Ethereum’s mainnet, which were the bottlenecks to meme coin adoption. 2. Tax-Free Trading and Top Sniper Bot Protection Unlike numerous meme coins, which are subject to high trading fees and expose investors to bots, Little Pepe was a 0% tax regime coin, which is why it was the best bet for both traders and holders. Additionally, the project has deployed advanced sniper bot protection, which has afforded fair token distribution and protected early investors from the threat of predatory trading strategies. 3. Utility-Driven Ecosystem: Staking, Meme Launchpad, and DAO Voting The roadmap of Little Pepe is fleshed out by features that go beyond just hype:

• Staking Rewards: Holders will be able to earn passive income through token staking, encouraging long-term participation and strengthening the network.
• Meme Launchpad: Also, Little Pepe’s launching platform for meme token creators incorporates liquidity locks and anti-rug pull mechanisms, encouraging safety and further enabling a creative meme ecosystem.
• DAO Voting: This gives holders a real say in how the project will ultimately develop by embedding community governance directly into the protocol.

4. Clear Tokenomics Supported by the Presale Success The Little Pepe presale continues to attract strong investor interest with a structured stage-by-stage rollout. So far, over $3.58 million has been raised by selling more than 3 billion tokens out of the 3.750 billion allocated.

• Stage 1 launched at a price of $0.001 and sold out within just 3 days, raising $500,000.
• Stage 2 increased the price to $0.0011, raising an impressive $1.325 million.
• Stage 3 followed at $0.0012, bringing in over $2.5 million.
• Stage 4 is currently live at $0.0013, with high demand and the next price increase to $0.0014 fast approaching.

The major focus of the Little Pepe tokenomics was long-term sustainability and growing the community. A total of 26.5 billion tokens, representing 26.5% of the total 100 billion supply, has been allocated to the presale phase for early distribution and growth optimization.

• 10% is reserved for liquidity to ensure smooth post-listing trading.
• 10% for DEX listings and market-making.
• 10% for global marketing campaigns.
• 13.5% for staking and ecosystem rewards.

With each stage selling out faster than expected and growing community support, Little Pepe is proving to be one of the most anticipated meme coins of the year. 5. Future Proof Feature: NFTs, Cross-Chain Compatibility, and Giveaways. On the roadmap forward for Little Pepe:

• NFT Integrations: To give utility and further engage the community, meme-themed NFTs will be a core focus.
• Cross-Chain Capability: Additional functionalities will enable Little Pepe to operate across blockchains, allowing for a wider audience and redundancy.
• $777,000 Giveaway: As part of the presale, Little Pepe is running an exclusive giveaway where 10 lucky winners will each receive $77,000 worth of LILPEPE tokens, totaling $777,000 in rewards.

Conclusion In 2025, Little Pepe is transforming the meaning of meme coin. Riding the viral wave of meme culture on the wings of a technically sound, purpose-built Layer 2 blockchain with zero-tax trading, sniper bot protection, staking, a meme launchpad, DAO governance, and a forward-thinking roadmap showcasing NFT and interchain ability, Little Pepe now stands in good stead not only to take on Shiba Inu but also to compete with it as a truly smarter meme coin with use cases.  With the presale skyrocketing and global attention on the $777,000 giveaway, Little Pepe stands with the vision of leading the next wave of crypto innovation. For more information about Little Pepe, visit the links below:

• Website: https://littlepepe.com/ 
• Twitter/X: https://x.com/littlepepetoken 
• Telegram: https://t.me/littlepepetoken 

• BEAM recorded a loss of over 3%, trading at $0.0059.
• Its daily trading volume exploded by 141%.

Yesterday’s bullish spike could not sustain its momentum, and the broader crypto market cap has pulled back to $3.37 trillion. Major assets have returned to recent lows, painting the charts red. Among them, BEAM joined the suit, displaying a bearish price movement with a 3.60% drop in the past 24 hours.  In the early hours, BEAM has recorded its highest price at $0.006614. With the sudden bear encounter, the asset’s price has retraced to q low range of $0.005953. At the time of writing, BEAM trades at $0.005925, with its market cap at $292 million, as per CMC data. Concurrently, the daily trading volume has exploded by over 141%, reaching $58.52 million.  While zooming in on the last seven-day price chart of BEAM, it has recorded a surge of over 12.41%. The asset began the week trading at $0.0052, and later it rose to a high of $0.0064 and to the current trading zone. What Lies Ahead for BEAM? The four-hour technical chart analysis of BEAM exhibits that the Moving Average Convergence Divergence (MACD) line is briefly above the signal line, indicating a positive sentiment. The momentum should gain strength to confirm the uptrend. Besides, the Chaikin Money Flow (CMF) indicator is found at -0.27, suggesting that the money is flowing out of the asset. Also, moderate selling pressure is present in the market, with potential price weakness.  BEAM chart (Source: TradingView) Notably, the recent trading session reported a brief period of bullish momentum. The price might move up and find its nearby resistance at $0.006059. If the upside correction strengthens, BEAM could steadily climb toward the subsequent resistance mark at $0.006065. Upon breaking this range, the bulls may likely trigger more gains ahead.  On the downside, if the asset’s uptrend fades, it might fall toward the immediate support at the range of $0.006049. Assuming BEAM fails to hold this price level, the potent bears could lead to a steeper drop and reach its key support below the $0.006048 zone. Further downside correction may push the price to its former lows. BEAM chart (Source: TradingView) BEAM’s current market sentiment is neutral to mildly bullish as the daily Relative Strength Index (RSI) is staying at 55.68. It hints that there is room for upward movement if buying pressure increases. Furthermore, the Bull Bear Power (BBP) value of 0.000094 signals a near balance between bullish and bearish forces. Highlighted Crypto News REX Solana Staking ETF Shines on Debut with $33M Volume

The wait for altcoin season continues as the crypto market is still showing signs of bearish movement. Expectations are high that the altcoin market will begin to rally soon, but not everyone is optimistic that the altcoin season is coming. One of those is market analyst and expert Stockmoney Lizards, who has said that it is not happening soon. Altcoin Season Is Not Happening Soon In an X (formerly Twitter) post, Stockmoney Lizards informed their over 160,000 followers that the altcoin season could not be happening anytime soon. The analyst said that it is “not even remotely close”, pointing to the rising Bitcoin dominance as the reason why the altcoin season is still far off. Analyzing the chart, the market expert explains that despite the Bitcoin dominance having fallen by around 2%, it still doesn’t mean much. This is because the dominance is still very strong and continues to trade inside the channel. This channel also charts a possible increase in the Bitcoin dominance from here, which would be detrimental for altcoins. So far, the Bitcoin dominance has also managed to hold above 65%. While this is not the highest it has ever been, it is still incredibly high, with previous altcoin seasons not happening until the dominance had fallen toward 40%. The analyst doesn’t entirely rule out the possibility of an altcoin season, saying it will still come. However, for now, Bitcoin continues to dominate, as he explains that “BTC is the measure of all things.” Altcoin Dominance Reaches 2021 Levels As the Bitcoin dominance has risen and the altcoin dominance has fallen, they have gone toward levels not seen in years. For example, the last time the Bitcoin dominance was above 65% was back in 2021 before it crashed to usher in the altcoin season, according to data from CoinMarketCap. Even worse is the Ethereum dominance, which has dropped to 5-year lows. Sitting at only 8%, it is now at levels recorded back in 2020 before the market rebounded from the COVID-19 crash. This has greatly diminished Ethereum’s ability to pull the altcoin market up with it. In the same vein, the altcoin dominance, excluding Ethereum, has now dropped to 26%. The last time that the OTHERS dominance was this low was in 2021. However, this was right around when the altcoin season was starting, suggesting that the current market could be at the cusp of another altcoin run. Nevertheless, for there to be any sustainable altcoin season, the Bitcoin dominance must first crash. Going by what happened back in 2017 and 2021, at least a 40% crash in the Bitcoin dominance is required to usher in the altcoin season.

• IOTA is trading above $0.16, poised above the key level and likely to continue higher.
• However, the token remains within a broader descending triangle.
• A break above $0.17 will signal further gains, but a dip will bring $0.14 into play.

The IOTA token’s price has surged by about 8% in the past 24 hours to break above the $0.16 level amid fresh bullish momentum across the crypto market. Per CoinMarketCap, IOTA’s daily trading volume has spiked by 55% to over $17.3 million, signalling potential demand for the token. Significantly, this upward movement aligns with a broader rally across the altcoin market, which could mean a new leg up for the IOTA price. IOTA bulls mirror top altcoins As noted, the cryptocurrency market has witnessed a notable altcoin rally, and IOTA is among the top performers. Over the past 24 hours, IOTA’s price has climbed to around $0.17, rising to levels seen on June 17, 2025. IOTA’s 8% gain nonetheless outperformed most of the top 10 altcoins, signalling strong market confidence in its near-term potential. In comparison, leading altcoins have posted between 4% and 8% in 24-hour gains. Ethereum rose 6% to trade near $2,600 on Wednesday, while Solana (SOL) gained 4% to reach $156. XRP also advanced 4%, climbing to $2.28. Dogecoin was up 8% at $0.17, and Cardano rose 8.5%, trading above $0.60. Sui was among the top performers with a spike of over 11%. Gains for IOTA come amid the blockchain platform’s introduction of the toolkit IOTA Notarization. This toolkit leverages the IOTA network’s Rebased upgrade, reducing transaction fees to 0.005 IOTA and enabling scalable, tamper-proof data recording. It contrasts with traditional blockchain notarization, which sees costs of $0.05-$1.00 per record. “IOTA Notarization is not here to replace your current databases or cloud tools. Those are still essential for internal operations and privacy,” said Lautaro Giambroni, product engineer at IOTA. “What we offer is a public, verifiable layer of trust when data needs to be shared across companies or regulators,” he added. IOTA price forecast IOTA’s price has broken above the $0.16 level and is now testing resistance near $0.17. This move positions the token above a key support zone, with market participants eyeing further upside. A decisive break above $0.17 could confirm a bullish trend reversal, potentially targeting $0.20 or higher. However, IOTA remains within a broader descending wedge pattern on higher time frames. IOTA price chart by TradingView The weekly chart has the Relative Strength Index (RSI) currently approaching neutral territory, sitting at around 44, which indicates likely buying momentum. However, the Moving Average Convergence Divergence (MACD) shows a recent bearish crossover, with the MACD line moving below the signal line to suggest continued downside pressure. The descending triangle pattern implies that a failure to break $0.17 could see IOTA retest lower support near $0.14. On the flipside, upside price action could bring $0.22 and $0.31 into the bulls’ view. The post IOTA price signals demand near $0.17 amid latest gains appeared first on CoinJournal.

• Nano Labs has acquired $50 million more worth of BNB tokens.
• The company’s BNB purchase brings its cryptocurrency holdings to about $160 million.
• BNB price did not explode on the news, but looks primed for a bullish breakout.

Nano Labs Ltd, a Nasdaq-listed web3 infrastructure provider, has added to its BNB (BNB) haul with another purchase, this time scooping $50 million worth of the Binance Coin in over-the-counter deals. The BNB buy, which Nano Labs announced on July 3, 2025, bolsters its cryptocurrency holdings to about $160 million. BNB price surged briefly on the news, breaking to around $665. Nano Labs buys $50 million BNB via OTC Nano Labs Ltd announced its acquisition of 74,315 BNB tokens on July 3, 2025. Specifically, the company said it had acquired BNB worth roughly $50 million through an over-the-counter (OTC) transaction. The purchase, which aligned with an uptick in BNB price, was at the average price of $672.45 per token. Nano Labs’ digital asset reserves, which include Bitcoin and BNB, are now up to around $160 million. For BNB, the Nasdaq-listed company’s move highlights its commitment to BNB’s long-term value, with an ambitious goal to acquire up to $1 billion worth of BNB through convertible notes and private placements in its initial phase. The company aims to hold between 5% and 10% of BNB’s total circulating supply, currently around 140.88 million tokens, as a long-term treasury strategy. Nano Labs’ latest move follows an earlier one that came amid the announcement of a $500 million convertible notes agreement on June 24, 2025. The goal of the raise was to fund the company’s BNB accumulation. Other companies have also recently signaled interest in BNB as a treasury asset. Last month, a group of hedge fund veterans, including Patrick Horsman, Joshua Kruger, and Johnathan Pasch, formerly of Coral Capital Holdings, announced plans to raise $100 million through a Nasdaq-listed entity, Build & Build Corporation, to invest in BNB. BNB price outlook The BNB price has shown resilience, trading at approximately $663 as of July 3, 2025, with a market capitalization exceeding $93.5 billion. Nano Labs’ recent purchase and other institutional moves have fueled bullish sentiment. BNB chart by TradingView The technical picture shows BNB trading within an ascending channel on the daily chart, nearing the upper trendline. RSI is at 57 and upsloping to suggest bulls have room to explore potential gains, while the MACD remains has signalled strength with a recent bullish crossover. If gains materialize, key supply zones may be around $688 and $750. Meanwhile, psychological support remains at the $600 area. In May, Standard Chartered predicted that the price of BNB could skyrocket to highs of $2,775 in the next three years. The 2028 price forecast for BNB highlighted the cryptocurrency’s potential amid its strengths, including a deflationary model and exchange-linked BNB utility. BNB reached its all-time high of $793 in December 2024. The post BNB price outlook as Nano Labs scoops $50m BNB tokens appeared first on CoinJournal.

• Moo Deng gained over 30% after Upbit listing, with its market cap surpassing $200M.
• BONK displayed bullish momentum as key signals signal renewed demand.
• Shiba Inu’s burn rate sees a dramatic jump after dipping.

Cryptocurrencies witnessed quite a volatility today as US labor stats propelled Bitcoin above $110K before retracing to $109K. While altcoins signaled potential recoveries, meme coins remained in the spotlight, possibly as they set the market tone during every cycle. In that context, MOODENG, BONK, and Shiba Inu dominate meme crypto trends due to different reasons. Let us find out more. MOODENG soars on Upbit listing Moo Deng led today’s gainers as it rallied 35% from $0.1691 to $0.2282. The robust move followed South Korea’s exchange Upbit confirming it has listed MOODENG against USDT, BTC, and KRW. The announcement ignited optimism among traders. Moo Deng’s price gained around 35%, while its market cap surged beyond $200 million from $165 million. While the market cap has dipped slightly to $188 at press time, Upbit’s listing positions the altcoin for greater liquidity and wider visibility. MOODENG trades at $0.1901, with its 24-hour trading volume up 428%. Moreover, the listing’s timing has added to MOODENG’s momentum. Binance Alpha added the meme crypto in May, whereas the community wait Moo Deng’s upcoming birthday party between July 10 and July 13. MOODENG is a Solana meme token based on the popular pygmy hippo at Khao Kheow Open Zoo in Thailand. BONK rebounds on revived demand BONK has jumped from the opening price of $0.00001464 to $0.00001738 – an 18.72% jump. Besides the price action, the Solana-based meme grabbed attention as organic demand drove its surge. Coinalyze data shows BONK recorded a substantial $1.61 trillion buy volume on 3 July, eclipsing the $1.44 trillion sell volume. That confirms buyer resurgence and renewed demand for the altcoin. Notably, the positive buy volume came after selling pressure dominated four successive days, suggesting a potential momentum shift to bullish. The derivatives market data adds to the optimism. According to Coinglass, BONK’s OI (Open Interest) jumped by 46% to $17.38 million, whereas futures volume crossed $97 million after a 270% increase. It trades at $0.00001681 after retracing from intraday peaks. Continued broad-based recoveries could trigger more uptrends for BONK in the upcoming sessions. Shiba Inu’s burn rate skyrockets While MOODENG and BONK stole the show through exchange listings and new capital, dog-themed Shiba Inu made headlines for different reasons. SHIB has seen a massive 1,200% surge in burn activity, with over 13 million tokens destroyed in the past day. Notably, SHIB saw sluggish token incineration in the previous five transactions . The latest burn, which happened ah hour ago, wiped out around 13,152,197 SHIB coins. That has renewed optimism in the meme coin’s deflationary journey. The meme token trades at $0.00001192, having gained more than 5% the previous week. Also, fundamental data shows a healthy SHIB ecosystem. IntoTheBlock data shows investors have staked over 4.69 trillion coins, indicating conviction in Shiba Inu’s long-term performance. The post Meme coin news: MOODENG and BONK lead market comeback; SHIB burn rate jumps 1,200% appeared first on CoinJournal.