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Cryptocurrency News Articles
Judging by Market Activity, There Might Be Big Moves Ahead for Ripple (XRP), Pepe Coin (PEPE), and Dogecoin (DOGE)
Jan 16, 2025 at 09:41 pm
XRP is revolutionizing cross-border payments with low fees and fast settlements, while PEPE combines high liquidity with innovative DeFi tools
As we head into 2025, the cryptocurrency market continues to showcase promising opportunities for growth and innovation. Among the vast landscape of projects, a few stand out with their unique strengths and potential to shape the future of digital assets.
In this article, we'll take a closer look at four promising crypto projects — Ripple (XRP), Pepe Coin (PEPE), Dogecoin (DOGE), and PlutoChain ($PLUTO) — and analyze their recent developments, market performance, and future prospects.
1. XRP Price Analysis: Fast Settlements, Cross-Border Revolution
At the time of writing, XRP is valued at $2.56, showcasing a 5.8% increase in the past 24 hours. Its market cap remains robust at $148 billion, with $8.5 billion in trading volume during the same period.
Crucial resistance points are identified at $2.60, $2.65, and $2.735, while support levels are at $2.4850, $2.420, and $2.350.
The RSI stands at 60, signaling a bullish trend that hasn't yet reached overbought levels.
In May 2023, Ripple acquired a Swiss crypto custody firm Metaco for $250 million, boosting its international reach.
A month later, Ripple secured in-principle approval for a license from Singapore's Monetary Authority.
Fast forward to November 2024, asset manager WisdomTree launched an XRP-backed exchange-traded product (ETP) in Europe. With listings on major exchanges like Deutsche Börse and Euronext, it offers a low-cost option for investors.
Crypto analyst Lai Jr. says that XRP could dip to $1.80–$2.20 by January 15. However, he anticipates a rebound to $4–$8 around Trump’s inauguration, with a potential surge to $10–$34 by March.
2. Pepe Coin (PEPE) Price Analysis: High Liquidity, Community-Driven Innovation
Pepe Coin (PEPE) is currently trading at approximately $0.00001744, which reflects a 7.9% increase over the past 24 hours.
Its 24-hour trading volume stands at $1.16 billion, with a market cap of about $7.34 billion. Currently, there are 420.69 trillion PEPE tokens in circulation.
The RSI is at 50, which indicates a neutral market stance.
The project recently introduced Pepe's Pump Pad, a decentralized exchange (DEX) designed to compete with Solana's Pump.fun.
Built on an Ethereum Layer 2 solution, Pepe's Pump Pad offers fast inter-layer bridging.
Yazan believes PEPE is currently in an accumulation phase and anticipates a major breakout following a few weeks of consolidation, with the potential to hit a $69 billion market cap by Q1 2025.
3. Dogecoin (DOGE) Price Analysis: Speed, Minimal Fees, Seamless Payments
As of January 14, 2025, Dogecoin (DOGE) is priced at around $0.3542, up 9.6% in the last 24 hours.
Its trading volume over the same period is about $3.29 billion, while its market cap sits at an impressive $52.20 billion.
With approximately 147.61 billion DOGE tokens in circulation, the coin continues to gain traction in the market.
The RSI is at 62 right now, which indicates a bullish trend for DOGE, though it hasn’t yet entered the overbought zone.
Dogecoin has recently transitioned from a proof-of-work to a proof-of-stake network, cutting energy use by over 99.9% and attracting eco-conscious investors.
Over the past week, DOGE's price has jumped 21%, following major whale activity. Large investors reportedly bought over 1 billion DOGE tokens.
Excitement is also building around the DOGE-1 mission — a SpaceX CubeSat project funded entirely with Dogecoin.
Set to launch soon, the mission aims to collect lunar-spatial data, which showcases DOGE's real-world use cases.
Analyst Valeriya forecasts that DOGE could climb to $0.38–$0.42 to gather liquidity before dropping to $0.30. This creates a potential short trade setup, with an entry at $0.38 and a target of $0.30.
4. PlutoChain ($PLUTO) Price Analysis: Lightning-Fast Transactions, DeFi Potential for Bitcoin
Bitcoin users often encounter slow transaction times, high fees, and network congestion.
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