Crypto to buy altcoins like Solana (SOL), dogwifhat (DOG), and XRP exhibit resilience as Bitcoin struggles to seek direction. Investors focusing on these digital assets could reap big in the next bull market.
HIGHLIGHTS
Bitcoin oscillates between support at $67,000 and resistance at $70,000.Solana shows signals of a breakout above $200 as experts speculate on an ETF.XRP shows stability above $0.52 after encountering resistance at $0.54.
There is no one-size-fits-all-all as far as investing in the cryptocurrency market is concerned. For many, trial and error is the only way to get successful results—those that grow crypto to buy portfolios by between 10X and 100X.
Bitcoin price rallied to a new all-time high after the approval of the spot ETF in Q1. This was an unprecedented milestone, breaking the norm of achieving a new record high after every halving cycle.
However, Bitcoin clawed back the gains to the ATH high of $73,8737, CoinGecko data shows, falling to $56,500 in early May. Besides the obvious profit-taking, the correction was attributed to mounting geopolitical tensions, regulatory pressure, and other internal and external uncertainties.
Bitcoin Regains Momentum After Ethereum ETFs
The recent approval of Ethereum ETFs was a positive gesture from the Securities and Exchange Commission. To a large extent, this development although unexpected, legitimatises the crypto industry, opening digital assets to prospects.
Bitcoin’s reaction to the news was remarkable as it breached $70,000 before suddenly stopping at $72,000. Ethereum climbed above $3,000 and closed in on $4,000 before pulling back to $3,760 on Wednesday.
The largest cryptocurrency hovered at $67,423 during US business hours, maintaining a 0.5% decline in 24 hours. Most altcoins are also in the red amidst mixed signals from crypto to buy coins like XRP, SOL, and WIF.
1. Crypto To Buy – Solana (SOL)
Over the past week, the Solana price has decreased more than 5%, indicating a potential bearish trend in the market. The SOL has been trading in a range of $160 to $168, reflecting increased volatility and cautious sentiment among investors.

With ETH ETF approval hype and a slight market crash, Solana surged by 23% last month, showcasing its resilience in a volatile market. The Solana price has been trading bullish, breaking through resistance levels and maintaining strong support despite slight corrections, indicating investor confidence and robust underlying network performance.
If bullish momentum returns, SOL could rise to the $170 level. With increased buying pressure, the price might surge above $180, reaching $200 in the next bullish run. This potential movement underscores Solana’s market performance’s volatility and dynamic nature.
2. Dogwifhat (WIF)
Dogwifhat (WIF), a cryptocurrency on the Solana blockchain, has seen a remarkable surge in its market value. Since its launch, WIF has skyrocketed by 2,162%, establishing it as one of Solana’s most successful altcoins this year. This meteoric rise has allowed investors to significantly multiply their investments, with the potential for 100X returns.

WIF’s bullish trend has also sparked interest in other meme cryptocurrencies such as PEPE, BONK, FLOKI, DOGE, and SHIB. Despite broader market corrections, these coins have benefited from WIF’s positive momentum. WIF is trading at $3.83, with a 24-hour increase of more than 3%. It holds the 28th position on CoinMarketCap, with a market cap of $3.7 billion.
3. XRP
XRP price hovered below all three short-term Exponential Moving Averages (EMAS), including the 20-day, 50-day, and 200-day on the four-hour chart. Overhead pressure has continued to intensify after the token hit a wall at $0.54 last week.
Two key levels may determine if XRP price will see a bullish or bearish outcome. The first is the ascending channel’s lower support boundary and the buyer congestion at $0.52. Breaching these two levels would leave XRP defenseless and increase the chances of a correction to $0.5 and below.

A breach of resistance at $0.54 would affirm the bulls’ growing presence in the market. Should XRP break free of resistance at $0.7, the path of least resistance will flip upward, paving the way for a larger move to $1.
Final Thoughts
Investing in cryptocurrencies requires may require an element of risk-taking. However, with due diligence investors can identify projects with the potential to achieve massive returns. As Bitcoin finds direction, crypto to buy like SOL, WIF, and XRP stand out, promising 10x to 50x gains.

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The Shiba Inu crypto rallied and flipped Cardano, attracting praise from Lucie, the marketing lead for SHIB, who spotlighted the development amid the 16% rally in SHIB price.
HIGHLIGHTS
The Shiba Inu meme coin soared over 15% amid the bullish session today.The meme crypto attained a spot in the top 10 cryptocurrencies again by flipping Cardano.Shiba Inu's Lucie spotlighted this development and lauded the achievement.
Shiba Inu (SHIB), a popular meme crypto, witnessed a 16% surge in price and has overtaken Cardano (ADA) in market capitalization. This development was highlighted by Shiba Inu’s marketing lead, Lucie, who took to social media to share the news. Moreover, she lauded the recent SHIB price rally.
Lucie On Shiba Inu Flipping ADA
In a post on X, the Shiba Inu marketing lead stated, “$SHIB flipped $ADA (again today).” The flip signifies a noteworthy shift in the dynamics of the crypto market, particularly in the rankings of major digital assets. Furthermore, the SHIB meme coin attained the 10th spot in the crypto ranking by market cap.
Additionally, Shytoshi Kusama, the lead developer in the Shiba Inu ecosystem, became active on X amid the recent surge. He took to X and wrote, “WOOF” to highlight the market optimism around dog-faced cryptocurrencies, especially SHIB. Moreover, the post with just one word was enough to instill further confidence in the SHIB community.
As of today, Shiba Inu’s market cap stands at approximately $16.82 billion. This edges out Cardano, which is holds a market valuation of around $16.5 billion. The surge in SHIB’s market value is attributed to a combination of factors, including increased investor interest, strategic partnerships, and recent technological upgrades.
Moreover, the latest achievement is backed by a perfect technical analysis score of 100 for SHIB, as spotlighted by Lucie. The Shiba Inu market lead posted a video that suggests the SHIB price to have a “very bullish” trajectory in the future. This score suggests that SHIB is poised for further growth, driven by strong market sentiment and technical indicators.
Earlier, during the March 2024 rally, the Shiba Inu meme coin had surpassed Cardano. However, within a month ADA took its place back owing to a massive bearish trend that led to significant losses in the SHIB price. Nonetheless, the latest surge makes up for it.
SHIB Price Today
The Shiba Inu price soared nearly 16% today and surpassed the $0.000028 mark, breaking out from the $0.000025 resistance level. This suggests that SHIB could hit the next target set at $0.00003, which could a major milestone. Meanwhile, the Shiba Inu price jumped 15.93% to $0.00002867 at press time on Wednesday, May 29.
Furthermore, the trading volume for SHIB spiked 96.60% to $1.95 billion in the last 24 hours. In addition, the short position holders dominated liquidations with a whopping $1.04 million liquidated, according to Coinglass. These traders are expected to use the sale proceeds buy their positions back to mitigate losses from the latest price hike.
Hence, the buying pressure could boost the SHIB price further, however, the risk of a forthcoming dump is also higher. Thus, investors should consider a cautious approach. Whilst, the SHIB futures open interest rocketed 32.51% to $120.80 million, indicating renewed interest among derivatives traders.

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Meme Coin: On-chain data reveals a buy signal for Dogecoin (DOGE), Pepe Coin (PEPE), Bonk, and dogwifhat (WIF), highlighting a surge in investor interest and open interest.
HIGHLIGHTS
On-chain data indicates buy signals for Dogecoin, Pepe Coin, Bonk, and dogwifhat.These meme coins now hold four of the top ten spots by open interest.Prices for Dogecoin and Pepe Coin have dropped, while Bonk and dogwifhat have surged.
The meme coin market is buzzing with excitement as on-chain data points to a buy signal for four prominent cryptocurrencies in this segment. Dogecoin (DOGE), Pepe Coin (PEPE), Bonk, and dogwifhat (WIF) have emerged among the top ten cryptos by open interest, according to recent derivatives data by CoinGlass. 
Notably, this surge in interest underscores a growing trend among investors towards low-cost cryptocurrencies amid escalating hype.
Four Meme Coins With Buy Signal
CoinGlass recently shared a derivatives chart on the X platform, highlighting the dominance of meme coins in the market. The chart showed that Dogecoin, PEPE, Bonk, and WIF now hold four of the top ten spots by open interest, signaling a significant shift in investor sentiment towards these unconventional assets. 
Meanwhile, the meme coin sector, known for its speculative nature, has witnessed substantial gains in recent months, further fueling investor enthusiasm. In addition, the buzz has been further amplified by the surge in GameStop Corporation (GME) stock, drawing parallels between meme coins and meme stocks. 
Notably, the frog-themed coin, Pepe Coin (PEPE) has reached new highs, reflecting growing investor interest in this coin. On the other hand, the Solana meme coins have also seen a surge in popularity, as witnessed by the surge in their prices.
Price Amid Risk & Opportunities
While the meme coin market presents lucrative opportunities, it also carries inherent risks. Investors should exercise caution and conduct due diligence before venturing into this volatile sector. Despite the recent gains and positive developments, the meme coin market remains susceptible to extreme price fluctuations and speculative behavior. 
As the sector continues to evolve, staying informed and vigilant is crucial for investors navigating the unpredictable world of meme coins. Meanwhile, despite the surge in Open Interest, Dogecoin price fell 3.07% to $0.1646 during writing, while Pepe Coin price plunged 4.8% to $0.00001599. 
On the other hand, BONK’s price surged nearly 12% to $0.00004216, with its trading volume soaring 65% to $1.12 billion. Simultaneously, the WIF price also noted a surge of 14% to $3.72.
According to CoinGlass data, the DOGE Open Interest (OI) fell 4.5% to $1.01 billion, while the 1000PEPE Coin Open Interest slipped 5.4% to $773.59 million. On the other hand, the 1000BONK OI rose 16.66% to $527.18 million, while the WIF OI advanced 21.26% to $511.64 million.

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The Chainlink price sees major boost bouncing back from the key support zone. Later this week, chainlink will share space with payments service giant SWIFT at the Consensys conference.
has made a strong move defying the border market correction and gaining by 6% in the last 24 hours. As of press time, the Chainlink (LINK) price is trading 5.84% up at $18.21 with a market cap of $10.6 billion and its daily trading volume soaring by 132% all the way to $850 million.
LINK Price Eyes 150% Gains
The strong bounce back in the Chainlink price comes a crucial support levels with analysts expecting gains anywhere between 150% to 300% in the future.
Crypto analyst Michael van de Poppe has shared his insights on Chainlink’s recent performance, stating, “Chainlink woke up from the crucial area of support. Likely, there’s going to be continuation and the low is in. From this point, I wouldn’t be surprised with a 150-300% price increase”.

Chainlink Shares Space With SWIFT
Chainlink’s recent surge is likely driven by bullish sentiment among LINK holders and supporters following the announcement of Chainlink’s co-presentation with international payments platform Swift at this week’s Consensys conference in Austin, Texas.
This collaboration, which began last fall, has demonstrated that “existing infrastructure can merge with the new world of blockchains,” according to Chainlink. Project co-founder Sergey Nazarov also expressed optimism for Ethereum and digital assets over the weekend, following the historic approval of Ethereum exchange-traded funds (ETFs), stating that it’s “really just the beginning.”
Chainlink has shown significant progress, recently highlighting its network’s advancements across nine different blockchains, including Ethereum, Arbitrum, Polygon, and Base.
Additionally, earlier this month, the Depository Trust & Clearing Corporation (DTCC), the largest settlement and clearinghouse in the U.S., announced its use of Chainlink’s cross-chain interoperability protocol in collaboration with Wall Street giants JP Morgan and BNY Mellon as part of a tokenization pilot. This pilot, known as Smart NAV, enabled Wall Street institutions to make mutual fund data available on public networks.
In its latest weekly research newsletter, crypto investment firm 21Shares spotlighted Chainlink, praising it for “revolutionizing the realm of tokenization.” The firm credited Chainlink with facilitating over $10 trillion in transactions across more than 2,000 projects spanning 22 different networks

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The PEPE price continues to hit fresh all-time highs amid high accumulation by whale and the surge in the active addresses by 4x in just one week.
largest meme coin PEPE seems to be unstoppable. In the last 24 hours, the PEPE Coin price has surged by another 12% extending its weekly gains to more than 80%. As of press time the PEPE price is trading at $0.0000166 with its market cap crossing $7 billion hitting a fresh milestone. The recent rally in PEPE comes amid huge investor interest as the daily trading volumes have skyrocketed past $2.56 billion.
PEPE Coin Hits New All-Time High
PEPE has become the third-largest meme coin, following Dogecoin and Shiba Inu, to reach a significant milestone. The token has not only outperformed rival memecoins but also surpassed the broader cryptocurrency market, achieving a 135% gain over the past month. Year-to-date, the Ethereum-based cryptocurrency has delivered a 12x return to its holders.
This rally has attracted the attention of wealthy investors. On-chain tracking platform Spot On Chain reported that a whale withdrew 1.32 trillion PEPE tokens from Binance over the last five days. At the current price, this whale’s PEPE portfolio has generated a 21% return.
In the past 5 days, a whale withdrew 1.323T $PEPE from #Binance at ~$0.00001378 (est. cost: $18.2M).Now, with the price surging 81% (7D) to a new ATH, the whale’s PEPE holding is worth $22.1M (+21%)!Will the whale dump with these $PEPE soon? Follow @spotonchain and set alerts… pic.twitter.com/nsTpdLwlzu— Spot On Chain (@spotonchain) May 27, 2024
What’s Behind the Price Rally?
PEPE’s recent stellar performance aligns with the optimistic sentiment in the cryptocurrency industry following the approval of spot Ethereum ETFs.
Pepe’s price action remains bullish as buyers resist efforts to drive the price down. Strong support has formed around the $0.00001380 level, which has been tested twice. Additionally, PEPE is establishing higher lows and higher highs, indicating a rising uptrend. The price is also trading above the 50-day and 200-day simple moving averages (SMA), further reinforcing the bullish outlook.
PEPE is poised for further rallying, with on-chain analysis firm Santiment reporting a surge in active addresses holding PEPE from 3,600 to 12,000 between May 21 and May 22. A similar increase in PEPE-holding wallets was observed in mid-May.

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There has been a notable increase in whale activity within the Toncoin ecosystem, particularly as the TON price stabilizes around the $6.2 mark.
HIGHLIGHTS
High-value transactions over $1 million are dominating Toncoin's on-chain volume.The upcoming launch of Telegram's digital currency, Stars, set for June 12, has all eyes on Toncoin.$6.0 remains a crucial support for the Toncoin price rally to continue going ahead.
Over the past two months, the Toncoin (TON) price surge has been remarkable, propelling the altcoin to become the ninth-largest cryptocurrency by market capitalization, surpassing Cardano in the process. As of the latest update, Toncoin is currently trading at $6.35, boasting a market capitalization exceeding $22 billion.
Toncoin Whale Activity
According to CryptoQuant, transactions exceeding $1 million USD are dominating the on-chain volume of Toncoin (TON). Since Toncoin’s rise in 2024, there has been a marked increase in high-value transactions, signaling growing interest from large investors, or “whales,” and heightened network activity among these participants.

The surge in the number of these substantial transactions has significantly contributed to the rise in Toncoin’s price. Consequently, TON has emerged as a robust blockchain with substantial value transfer capacity and a steady increase in participation from major investors.
The unveiling of Telegram’s latest venture, Stars, has sent ripples through the cryptocurrency market, significantly impacting Toncoin’s trajectory. Set to debut on June 12, Stars represents a bold move by Telegram to revolutionize transactions within its ecosystem.
Designed as a digital currency for seamless purchases within bots and gadgets, Stars has captivated the cryptocurrency community, fueling anticipation and speculation. As news of Stars spreads, Toncoin has experienced a notable surge in price, reflecting the market’s positive reaction to this major development. Another major reason behind the Toncoin price rally has been the growing popularity of the Telegram game community token Notcoin (NOT).
The TON Price Action Ahead
Toncoin’s price recently attempted to breach the $7.0 resistance but failed and fell back over the last ten days. As a result, TON dropped below the critical psychological support level of $6.5. A recent broader market rally briefly pushed the altcoin above this support, but it couldn’t sustain the momentum and fell to $6.2.
This bearish sentiment will likely persist unless there is a change in investor behavior. Consequently, Toncoin could decline to test the $6.0 support level. If this support is lost, the TON price could dip further to $5.4.

However, if Toncoin’s price holds above the $6.0 support level, it could rebound to $6.5. Turning this level into support could enable a recovery, potentially driving TON to $7, thereby invalidating the bearish outlook.

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Shiba Inu Price Analysis: Explore the latest trends in Shiba Inu (SHIB) trading as it emerges from a symmetrical triangle pattern. This analysis covers the decisive breakout, the impact of Ethereum's ETF news on the altcoin market, and the potential future movements in SHIB's price.
HIGHLIGHTS
An ascending trendline leads to the current recovery trendline in Shiba Inu price.The bullish breakout from the triangle pattern signals the resumption of the prevailing recovery trend.The intraday trading volume in Shiba Inu is $1.072 Billion, indicating a 136% gain.
Shiba Inu Price Analysis: On Wednesday, the cryptocurrency market witnessed a notable downtick which triggered a 1-2% fall in leading digital assets like Bitcoin and Ethereum. After significant growth earlier this week, the market is likely stabilizing to replenish its bullish momentum. However, most of the major altcoins including Shiba Inu are following a bearish trend today, providing a suitable dip entry for sidelined traders. 
How Ethereum ETF News is Influencing SHIB’s Price Action

The recent correction trend in Shiba Inu coin trade within a symmetrical triangle pattern for the past seven weeks. The two converging trendlines acted as dynamic resistance and support for the SHIB price and narrowed it down to a small range.
The compressed range led to a decisive breakout from the pattern’s upper trendline on May 15th. This breakout signals the end of the correction trend and provides buyers with suitable support to bolster a higher rally
Moreover, the market witnessed a renewed buying momentum this week as the Ethereum coin rallied following the development regarding spot ETH ETF. Amid the altcoin rally, the SHIB price reached its 4-week high of $0.0000268 on May 22nd. 
However, the recovery takes a minor pullback where the SHIB price shows a 3% intraday loss to hit $0.00002534. If the bearish momentum persists, this memecoin may tumble another 4.9% to retest the support trendline of the aforementioned triangle.
This dynamic support could recuperate the bullish momentum and set the Shiba Inu coin to chase a potential target at $0.000028, followed by $0.000032.
Technical Indicator:
Bollinger Band: The coin price challenging the upper boundary of the Bollinger Band indicator highlights the aggressive nature of buyers.Relative Strength Index: The daily RSI slope back above the midline assures a growing bullish sentiment in the market.

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Bitcoin price analysis: BTC banks on several factors to close the gap to $100,000 in 2024 including the demand for ETF and post-halving sentiment.
HIGHLIGHTS
Bitcoin soared to $72,000 amid the buzz surrounding the potential approval of Ethereum ETFs.Investors anticipate the post-halving impact on Bitcoin price to trigger a major rally.Bitcoin price slips below $70,000 possibly to collect liquidity before continuing with the uptrend.
Following weeks of directionless sideways trading, the crypto market is back on a bullish path. In addition to the CPI data showing easing inflation figures in the US, optimism surged significantly for the approval of spot Ethereum ETFs on Monday, igniting widespread bullish action in the market. Based on the current Bitcoin price analysis, a rally to $100,000 seems to be in the cards, backed by the post-halving sentiment among investors.
1. Ethereum Spot ETF Approval Beckons
Bloomberg ETF analysts including the renowned Eric Balchunas increased odds for the approval of Ethereum ETFs from 25% to 75%. According to the Ethereum price analysis published by CoinGape on Tuesday, the change of heart followed what the analysts referred to as influence from higher-ranking individuals.
With the US Elections happening later in the year, certain factors could be politicized to gain mileage, tapping into the crypto vote. Cryptocurrency holders continue to grow in the US and such a gesture could sway their choice of candidate.
Nevertheless, the SEC has apparently made an about-turn on the matter and suddenly considering greenlighting various applications filed by high-profile firms like BlackRock, Fidelity, VanEck, Cathie Woods, Bitwise, Franklin Templeton, Hashdex, and Galaxy Digital.
Since the news broke out, Ethereum has significantly increased in value, mirroring Bitcoin’s surge before the approval of the ETF on January 10. Ethereum closed in on the crucial $4,000 level but pulled back to $3,785 while maintaining a 21% increase in value over 24 hours.
2. Bitcoin Post-Halving Outlook
Bitcoin halving occurred in April reducing the reward miners receive per blocked mined from 6.25 BTC to 3.125 BTC. The event which takes place in cycles of four years is essential for the continuity of the network in addition to keeping Bitcoin a deflationary asset.
Reducing rewards and the number of new coins joining the market from 900 BTC to 450 BTC, the available supply shrinks with time. If demand remains the same or increases, it creates optimum conditions for a parabolic rally.
However, the impact of Bitcoin halving is often experienced gradually, hence the doldrums that followed the event in April and early May. This also implies that the long-term outlook is highly bullish, underscoring the prediction of $100,000 in 2024.
Bitcoin Price Analysis: Will Bitcoin Regain Ground Above $70,000
The run-up from last week continued on Monday, propelling Bitcoin price to $72,000. The bullish move buoyed by the buzz around the Ethereum ETF spread across the market growing the total cap to $2.66 trillion.

Despite a buy signal from the Moving Average Convergence Divergence (MACD), BTC had retreated below $70,000 during US business hours and hovered at $69,920.
This is likely a healthy retracement, with Bitcoin bound to resume the uptrend after collecting more liquidity. Some holders and traders may have chosen to take early profits, contributing to the pullback.
A daily close above $72,000 or the red band on the chart is required to affirm the rally chasing new highs.

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The crypto prices today rallied unprecedentedly as Bitcoin surged beyond $71,000 while Ethereum rocketed 17% and attained the $3,700 amid overall bullish sentiment in the market.
HIGHLIGHTS
Bitcoin soared over 5% and hit the $71,000 mark.Ethereum recorded a parabolic surge and rallied over 17%.Top altcoins mirrored ye positive sentiment and gained notably.
The top crypto prices today registered a bullish moment as the Bitcoin (BTC) price extended above the $71,000 mark. In addition, the Ethereum (ETH) price surpassed the $3,700 level marking a significant milestone. Moreover, other top altcoins, such as Solana (SOL), XRP and Cardano (ADA) trailed behind with substantial gains.
Major Crypto Prices Today
1. Bitcoin Price
The Bitcoin price was up 5.60%, reaching $70,935.69 at the time of writing on Tuesday, May 21. On the other hand, it’s trading volume skyrocketed 137.82% to $50.90 billion in the last 24 hours. Whilst, the crypto’s market capitalization stood at $1.40 trillion.
2. Ethereum Price
The Ethereum price rallied 17.23% to $3,644.76 at press time with a market valuation of $437.77 billion. Whilst, ETH saw its trading volume spike 259.67%, reaching $36.62 billion.
3. Solana Price
The Solana price soared to the $180 level today. The Solana price surged 2.36%, settling at $181.94. In addition, SOL witnessed a 80.51% gain in trade volume to $4.90 billion in the last 24 hours.
4. XRP Price
Whilst, the XRP price surged above the $0.53 mark again. The XRP price recorded a gain of 3.36%, reaching $0.5348. On the other hand, XRP’s trading volume soared by 154.83% to $1.65 billion.
5. Cardano Price
Meanwhile, the Cardano crypto price climbed 4.26% to $0.4975 today. Whilst, ADA recorded a surge of 121.26% in its 24-hour trading volume, settling at $609.07 million.
6. Dogecoin & Shiba Inu Price
The Dogecoin price rallied 6.44% to $0.1643 while its rival, Shiba Inu price was up 4.42% and traded at $0.00002532.
Top Crypto Gainers Today
Lida DAO (LDO): The LDO crypto price surged 28.83% and traded at $2.25.Pyth Network (PYTH): The PYTH price rose 26.45% to $0.4937.Pepe Coin (PEPE): The PEPE price soared 17.24% to $0.00001108.Uniswap (UNI): The Uniswap price rallied 16.12% to $9.11.
Top Crypto Losers Today
Arweave (AR): The AR crypto price plunged 6.67% to $45.37.Gala (GALA): The Gala price dipped 6.39% to $0.04157.Ondo (ONDO): The Ondo crypto price slipped 0.43% to $0.9372.Other prominent cryptocurrencies didn’t witness much declines.
The surge in ETH could be in response to the optimism surrounding the approval of the Spot Ethereum ETF applications as the May 23 deadline is inching closer. The Spot Bitcoin ETFs garnered strong inflows of $237 million on Monday, May 20. This influx may have propelled the BTC price beyond $71,000.

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