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Cryptocurrency News Articles

Bitcoin and Ethereum Have Regained Upward Momentum

May 22, 2025 at 02:17 am

Bitcoin and Ethereum have regained upward momentum, sparking renewed interest in high-potential altcoins.

Bitcoin and Ethereum Have Regained Upward Momentum

Bitcoin and Ethereum’s recent price movements have sparked interest in high-potential altcoins. Among them is Salamanca (DON), a quickly emerging meme coin on Binance Smart Chain (BSC).

The token is currently trading at $0.002086.

The meme coin launched in early May and has hit two key price levels, according to CoinGecko. The $DON token surged from $0.0009 to $0.029, delivering over 200% returns for early buyers.

This strong entry was supported by real liquidity and community trading. It appears to have reached a new weekly trading range of $0.0018 to $0.0023, with analysts setting a 2000% price target.

The price is now bouncing from a crucial support level of $0.0020, which could be key for the next stage of the rally.

The meme coin also has a low market cap of around $4 million, which could be a factor in its favor. For context, SHIB has a market cap of over $4 billion and PEPE is valued at around $600 million.

After major listings on Gate.io and MEXC, Salamanca (DON) is continuing to expand its reach. The token is now available on both centralized and decentralized exchanges, providing diverse trading options for traders worldwide.

On Gate.io, a top 3 global exchange, the daily trading volume of DON has exceeded $1.5 million, with projections pushing toward $20 million as new users enter the market.

The token’s presence on major exchanges like Gate.io and MEXC has boosted its visibility and brought in new liquidity.

These listings will allow broader retail access to the token and increase its presence in global markets.

The Salamanca (DON) project has seen fast-paced community growth across Telegram and Discord, with over 20,000 active members as of May 2025.

The crypto community’s interest in meme tokens with strong branding has helped the project expand quickly, especially in regions with high BSC adoption.

Social media engagement continues to rise, especially in Southeast Asia, where meme coin culture is flourishing.

User-driven content, memes, and organic trading discussions are helping the project attract new holders. While many meme coins depend solely on hype, DON combines cultural relevance with blockchain functionality, ensuring its position among the most-followed meme coins of 2025.

Unlike meme tokens that rely only on fleeting popularity, Salamanca (DON) positions itself as a movement with structure and utility.

Built on Binance Smart Chain, it benefits from low transaction fees and rapid processing times, creating a smooth experience for both new and experienced traders.

It aims to follow Dogecoin’s example while offering lower entry costs and greater upside. Dogecoin recently reclaimed pre-halving resistance, pushing toward $0.27.

As Dogecoin consolidates, many traders are looking for early-stage alternatives, and Salamanca (DON) offers that breakout opportunity with a fraction of the price and a leaner market cap.

The meme coin is preparing for its next stage of expansion with new CEX listings reportedly in progress, with Binance being the next major target.

A listing there would likely boost both the price and daily trading volume, bringing institutional exposure to the project.

The development roadmap includes future integration of NFTs, DeFi utilities, and DAO participation. These tools are designed to scale the ecosystem and strengthen user loyalty.

With core features already active and visibility increasing, Salamanca (DON) remains one of the top BSC meme coins to monitor in 2025.

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Other articles published on Jun 08, 2025