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Cryptocurrency News Articles

Pepe Coin (PEPE) Breakout, Cronos ETF Buzz, and the Early Edge of Dragoin (DDGN)

May 02, 2025 at 07:10 am

Crypto markets are lighting up again, and the signals are impossible to ignore.

Pepe Coin (PEPE) Breakout, Cronos ETF Buzz, and the Early Edge of Dragoin (DDGN)

Pepe Coin (PEPE) is heating up as it approaches the crucial $0.00001 mark, potentially setting the stage for a 25% surge in price.

The cryptocurrency market is showing signs of a comeback, with Pepe Coin (PEPE) displaying strength with a 15% surge in a single day to reach $0.000009. As Pepe edges closer to the $0.00001 level, analysts are focusing on this key zone for a potential breakout that could propel the cryptocurrency to $0.00001050.

The technical analysis reveals a falling wedge formation on the 4-hour chart, which, if broken, could lead to a 25% increase in price. Additionally, a bullish Gartley setup is being recognized by analysts, further indicating the potential for a rally.

Pepe's price action is also being influenced by significant shifts in trading volumes, which have risen by 32% to reach $650 million. This surge in activity is a common occurrence during periods of heightened market interest.

Furthermore, there has been a 31% increase in large Pepe holders, while the share of Pepe on exchanges has decreased to 26.6%. This suggests that major investors are accumulating Pepe, intending to hold rather than trade.

The total futures open interest for Pepe has also risen to $348 million, and the funding rates remain positive, further contributing to the bullish outlook on Pepe.

If Pepe manages to break through the $0.00000958 resistance and the 200-day EMA ceiling, it could experience a strong rally. However, if it fails to do so, we might see Pepe sliding back towards the $0.00000680 zone.

Trump Media’s Cronos ETF deal has sparked a 10% surge in Cronos (CRO) after it was announced that the company is teaming up with Crypto.com and Yorkville America Digital to launch a Cronos ETF under the Truth.Fi brand.

This unique ETF will combine Bitcoin, Cronos (CRO), and U.S. industrial assets into a single offering, aiming for a year-end rollout pending regulatory approval.

The news comes as no surprise, considering the recent buzz around Trump Media's involvement in the crypto space. Earlier this year, the company's CEO, Sebastien Montagnier Nobel, teased the possibility of Trump Media integrating cryptocurrencies and NFTs into its platform, generating excitement among crypto enthusiasts.

The news of the Cronos ETF also arrives amidst a broader trend of cryptocurrencies seeking to gain a foothold in traditional finance. Several companies, including BlackRock and Cathay, have applied for approval to launch Bitcoin ETFs in the U.S., highlighting the growing interest in merging crypto and traditional financial products.

Despite the potential benefits, the road to approval for the Trump Media-backed ETF may be filled with obstacles. The company will be facing fierce competition from other companies applying for crypto ETF approval, including Cathay's application for a BTC futures ETF and an application for a spot Bitcoin ETF from Harvest Global Investors.

Moreover, U.S. regulators have been slow to approve crypto-related products due to concerns over market stability and investor protection.

However, with $250 million in financial backing and broader ambitions to revolutionize the media landscape, Trump Media's Cronos ETF plans appear to be advancing quickly and could play a pivotal role in pushing Cronos deeper into mainstream acceptance.

The crypto market is heating up again, and the signals are impossible to ignore. As meme coin season starts to wake up, a few standout projects are gathering momentum even before they officially launch.

While everyone is talking about Pepe Coin (PEPE) or keeping an eye on Trump Media's new move, there's a project that's flying under the radar despite having a live mini-game and a presale model already in play.

We're speaking about Dragoin ($DDGN), a token that's not trying to capitalize on nostalgia or a post-launch hype. Instead, Dragoin is inviting users to step in at the beginning, before major exchange listings, before TikTok memes explode, and mainstream media catches on.

Dragoin is offering immediate engagement through a live Mini Game, built on Ethereum and designed to reward players early with a play-to-earn model. This is in contrast to other meme coins that usually rely on hype after the token is launched.

The token is currently in Stage 2 of its coin presale, available for purchase at $0.0000335. It follows a 25-stage structure, and any unsold tokens at each stage will be permanently burned, guaranteeing scarcity as interest grows.

This approach from Dragoin stands out compared to other meme coins that often struggle to maintain attention after their initial frenzy.

With its

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Other articles published on May 02, 2025