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Cryptocurrency News Articles
Dragoin (DDGN) 6,700% ROI From Presale, Game Rollout Makes It the Top Crypto Right Now
May 07, 2025 at 05:00 am
Altcoin followers are comparing flashy news against solid progress this week.
Altcoin fans are having a busy week, juggling flashy news cycles with projects that are quietly delivering on their promises.
Altcoin fans are having a busy week, juggling flashy news cycles with projects that are quietly delivering on their promises.
While Pi Network saw a 4% price rise after finally releasing its Mainnet Migration Roadmap, the vague timeline and technical issues leave Block DAG in a better overall standing.
While Pi Network saw a 4% price rise after finally releasing its Mainnet Migration Roadmap, the vague timeline and technical issues leave Block DAG in a better overall standing.
Pi Network’s roadmap is finally here, but will it be enough to save the project?
Pi Network’s token, Pi, has risen around 4% in the past week, a small gain in the broader market downturn.
Pi Network’s token, Pi, has risen around 4% in the past week, a small gain in the broader market downturn.
The project saw some buzz after finally releasing its Mainnet Migration Roadmap, a plan that will see Pi transition from a testnet to a fully operational mainnet. No specific dates were given for the three phases, and the lack of a clear time frame has sparked criticism among users.
The project saw some buzz after finally releasing its Mainnet Migration Roadmap, a plan that will see Pi transition from a testnet to a fully operational mainnet. No specific dates were given for the three phases, and the lack of a clear time frame has sparked criticism among users.
Many expressed their frustration with the lack of details, especially on the time line, and felt the migration plan lacked sufficient structure.
Many expressed their frustration with the lack of details, especially on the time line, and felt the migration plan lacked sufficient structure.
“Still no time frame for phase 1. They really enjoy teasing us and making us wait,” one user wrote in a comment on the official Pi Network post.
“Still no time frame for phase 1. They really enjoy teasing us and making us wait,” one user wrote in a comment on the official Pi Network post.
Another user added that the lack of dates “leaves room for endless possibilities and speculation.”
From a technical angle, Pi is quickly recovering from oversold territory, with Relative Strength Index improving from 32.34 to 53.77.
From a technical angle, Pi is quickly recovering from oversold territory, with Relative Strength Index improving from 32.34 to 53.77.
Support also remains strong, with price bouncing back from around $0.59, the level where Fib 0.382 offers support.
Support also remains strong, with price bouncing back from around $0.59, the level where Fib 0.382 offers support.
However, resistance is still present around $0.66, the level where Fib 0.5 offers resistance.
However, resistance is still present around $0.66, the level where Fib 0.5 offers resistance.
Moreover, trading volume remains low, which could be an issue if sellers begin to exert pressure again.
Moreover, trading volume remains low, which could be an issue if sellers begin to exert pressure again.
Finally, claims about all coins being pre-minted and users not having the full usable balances in their accounts continue to cause skepticism.
If Pi can manage to break through the upcoming resistance level and maintain a strong narrative with no further transparency issues, then its gains could continue.
If Pi can manage to break through the upcoming resistance level and maintain a strong narrative with no further transparency issues, then its gains could continue.
However, if sellers return and push the price back into support, then further losses may be likely.
However, if sellers return and push the price back into support, then further losses may be likely.
Next up is a crucial decision by the US Securities and Exchange Commission on Grayscale's application for a spot Bitcoin ETF.
Dogecoin is trending this week as its community celebrates another “Dogeday,” an annual event that began in 2021 with a meme on the cryptocurrency subreddit.
Dogecoin is trending this week as its community celebrates another “Dogeday,” an annual event that began in 2021 with a meme on the cryptocurrency subreddit.
Dogeday is a yearly celebration of Dogecoin (DOGE), the meme coin that took the cryptocurrency world by storm during the 2021 bull market.
Dogeday is a yearly celebration of Dogecoin (DOGE), the meme coin that took the cryptocurrency world by storm during the 2021 bull market.
The event is a testament to the enduring power of memes and online communities, and it has helped to keep Dogecoin in the public eye long after its initial surge in popularity.
Dogeday was born out of a meme on the r/dogecoin subreddit, where users were discussing the best way to celebrate the anniversary of Dogecoin’s launch.
Dogeday was born out of a meme on the r/dogecoin subreddit, where users were discussing the best way to celebrate the anniversary of Dogecoin’s launch.
One user suggested that the community should come together on April 8, 2021, at 4:20 AM to eat breakfast and post pictures of their breakfast on social media.
The meme quickly gained traction, and soon users from around the world were participating in Dogeday.
The meme quickly gained traction, and soon users from around the world were participating in Dogeday.
People posted pictures of their breakfast, shared memes about Dogecoin, and discussed their favorite aspects of the coin.
Dogeday was a unique event that brought together members of the Dogecoin community in a fun and lighthearted way. It was a celebration of the coin that had brought them together.
Now, in 2024, Dogeday continues to be celebrated by the community, and it has taken on new dimensions with the possibility of a Dogecoin ETF being approved.
Earlier this year, Grayscale, a major crypto asset manager, filed an application with the SEC to launch an ETF that would track the price of Dogecoin.
Since then, Bitwise has also applied to launch a similar ETF, and a decision from the SEC is now eagerly awaited by the crypto community.
The approval of a Dogecoin ETF would be a major milestone for the cryptocurrency, as it would open the door for more mainstream investors to gain exposure to the coin.
A recent analysis by eToro’s market analyst, Elie Charodemtar, suggests that the approval of a spot Bitcoin ETF could pave the way for the approval of other crypto ETFs, including an ETF that tracks the price of Dogecoin.
According to Charodemtar, the US Securities and Exchange Commission has already approved futures ETFs for Bitcoin and ether (ETH), but it has yet to approve any spot ETFs.
However, the SEC recently approved the first-ever Bitcoin futures ETF, setting the stage for the approval of a spot Bitcoin ETF.
“If the SEC approves a spot Bitcoin ETF, it will be a major milestone for the cryptocurrency industry,” said Charodemtar.
“I believe that the approval of a spot Bitcoin ETF will also open the
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- Dogecoin (DOGE) Price Struggles Under the $0.18 Resistance as Geopolitical Tension Rises. Here’s How DOGE Could React If It Matches 30% of US M1 Supply
- May 07, 2025 at 11:00 am
- Dogecoin (DOGE) price momentum has weakened over the past two weeks, mirroring broader risk-off sentiment in the broader crypto markets.
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- Melania Trump's "Meme Coin" Got Dumped by Early Investors, Making Them Millions
- May 07, 2025 at 11:00 am
- Shortly before U.S. President Donald Trump's wife, Melania, unveiled a "meme coin" named after her to the public earlier this year, a small number of investors bought the coin in advance and made huge profits, according to reports.
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