Market Cap: $3.774T 1.890%
Volume(24h): $117.0644B 9.650%
  • Market Cap: $3.774T 1.890%
  • Volume(24h): $117.0644B 9.650%
  • Fear & Greed Index:
  • Market Cap: $3.774T 1.890%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$114723.978292 USD

-0.03%

ethereum
ethereum

$3678.789219 USD

3.11%

xrp
xrp

$3.056026 USD

1.48%

tether
tether

$1.000074 USD

0.00%

bnb
bnb

$765.960419 USD

1.33%

solana
solana

$169.174506 USD

3.02%

usd-coin
usd-coin

$0.999957 USD

0.01%

tron
tron

$0.334688 USD

2.20%

dogecoin
dogecoin

$0.208749 USD

3.04%

cardano
cardano

$0.753409 USD

2.00%

hyperliquid
hyperliquid

$38.578846 USD

-0.28%

stellar
stellar

$0.410804 USD

-0.52%

sui
sui

$3.557195 USD

1.75%

chainlink
chainlink

$16.952615 USD

2.11%

bitcoin-cash
bitcoin-cash

$571.636756 USD

3.88%

Cryptocurrency News Articles

As Bitcoin’s dominance tightens its grip on the market in Q2 2025, one meme coin continues to defy expectations.

May 21, 2025 at 03:08 am

While many still dismiss Pepe as a mere internet joke, some traders and investors are beginning to recognize something deeper.

As Bitcoin’s dominance tightens its grip on the market in Q2 2025, one meme coin continues to defy expectations.

As Bitcoin's dominance continues to exert its influence on the crypto landscape in Q2 2025, one meme coin is displaying resilience and charting an unexpected course. While many still perceive it as a mere internet joke, some traders and investors are beginning to recognize something deeper.

As one analyst has pointed out, the current structure of PEPE on the chart is showing a powerful parabola, similar to the one seen earlier this year before the token blitzed from the lows of $0.00000150 to over $0.00000230.

This structure is important because it highlights a common technical pattern that traders often use to identify potential breakouts and trends.

Both Charts Show MSB

On both charts, a Market Structure Break (MSB) marks the beginning of bullish momentum. In the earlier cycle, this break occurred in mid-February, setting off a pattern of higher highs and higher lows that coiled tightly before an explosive move upward in early March.

This move saw the price of PEPE surge vertically, setting off a chain reaction that quickly propelled the meme coin into the top performers' league.

Now, on the daily timeframe of PEPE/USDT, a similar structure appears to be unfolding. The MSB in April 8 began a clean upward trend that accelerated throughout May.

After briefly hitting highs of $0.00001500, PEPE has pulled back slightly and is currently consolidating around the $0.00001350 zone as volumes return and sellers emerge.

The key takeaway is that despite the recent gains and consolidation, the pattern strongly resembles a textbook reaccumulation ahead of breakout.

To the uniformed, it still looks like a cartoonish frog coin that's part of the meme coin hype. But to those who "get it," PEPE is becoming a native currency that is able to capture attention, liquidity, and velocity in a way that even Bitcoin isn't currently able to do.

If the fractal continues playing out we may soon see PEPE push toward and beyond its previous all-time high. A daily candle close above $0.00001500 could trigger technical indicators and algorithms to begin massively bidding up the price.

This move would also likely begin squeezing out short positions and setting the stage for an even more extended move. With volume returning and sentiment finally coming together, all signs point to a potential pre-summer price explosion.

Bitmine Launches Bitcoin Treasury Advisory Practice As meme coins like PEPE continue to flourish in the cultural realm of crypto, the institutional layer is steadily maturing with new offerings and services emerging.

In a strategic move that underscores the evolving landscape of crypto finance, Bitmine Immersion Technologies, Inc. (OTCQX: BMNRD) has announced the launch of its Bitcoin Treasury Advisory Practice.

As part of this launch, Bitmine has finalized a $4 million deal with a publicly listed U.S. company. The agreement includes the leasing of 3,000 ASIC miners, valued at $3.2 million, through the end of 2025.

Of this amount, $1.6 million has already been paid to Bitmine, while the remaining installments will follow. Moreover, Bitmine will receive $800,000 in consulting fees over the next year, providing services related to the company's Bitcoin treasury and mining strategy.

The identity of the U.S. company leasing the miners is yet to be disclosed. However, this deal serves as a testament to the growing interest in Bitcoin among institutions.

According to Jonathan Bates, CEO of Bitmine, nearly 100 public companies now hold Bitcoin on their balance sheets, and this number is expected to rise further as treasury diversification becomes a mainstream strategy.

“We’re seeing growing interest from corporates in holding Bitcoin, not just as a hedge, but as a core treasury asset,” said Bates in a statement.

This development underscores the evolving role of Bitcoin in the institutional investment landscape. As companies seek to diversify their treasury holdings and capitalize on the potential of digital assets, cryptocurrencies, particularly Bitcoin, are emerging as viable alternatives.

The post Bitcoin's Dominance Tightens As PEPE Shows Breakout Potential appeared first on Tokenhell.

Original source:banklesstimes

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Aug 05, 2025