News
13 Aug 2025, 16:48
OKX to Retire Over 65 Million Tokens, Sending Price to New Highs
OKX announced it will burn 65,256,712.097 OKB tokens, valued at approximately $7.6 billion Following the burn, OKB’s maximum supply will be permanently capped at 21 million OKB prices exploded, surging over 150%, while the trading volume soared by 13,000% OKX announced it will burn 65,256,712.097 OKB tokens, valued at approximately $7.6 billion. The huge deflationary action ranks among the largest in the history of cryptocurrency exchange tokens. Following the burn, OKB’s maximum supply will be permanently capped at 21 million. The new token contract has been designed to permanently eliminate both minting and manual burning capabilities, thereby making the total supply immutable. Almost immediately after OKX’s announcement, OKB prices exploded, surging over 150%. The token briefly traded at around $134-$142, and it’s currently hovering at about $106. Also, trading volume soared by 13,000%, reaching $723 million. Related: SHIB Burn Explained: Everything to Know About Shiba Inu Coin Burning This is part of OKX’s ongoing decision to upgrade its X Layer, which involves several steps, with some already completed and others expected to be finished wi… The post OKX to Retire Over 65 Million Tokens, Sending Price to New Highs appeared first on Coin Edition .
13 Aug 2025, 16:47
DOGE set for $1.50 ATH, but not before this lower priced meme coin rises 17361%
Dogecoin is pushing toward a $1.50 all-time high, promising more gains from its current market price. However, the uptick is limited, as a new market entrant at a low cost promises more than what Dogecoin can deliver. Little Pepe ($LILPEPE) , an Ethereum Layer 2 meme coin with real utility, is set to achieve a 17,361% price increase across its ongoing presale stages. With over $17.4 million already raised and another $2 million to go, Little Pepe is setting itself up as the best entry-level into the next wave of meme coins. DOGE set for $1.50 ATH as price rebounds from key support According to an observation by Ali Charts, Dogecoin is exchanging at the lower boundary of its long-term ascending channel, a level that has historically initiated upward moves. The price of $0.20 as of press follows a touch of this trendline, aligning with 2017 and 2020 patterns that led to rallies. Source: X In 2021, DOGE soared more than 11,000% when it bounced off of this identical structural support. The asset is still in the channel of upward-sloping direction and shows a trend of increased lows of the last 10 years. As the compressions in prices are present and technical formations are there, the current state of affairs is similar to previous cycles in preceding episodes that have resulted in significant peaks. Provided that the trend persists further, DOGE could even be ready to create a new ATH towards $1.50. Little Pepe witnesses significant surge stage-over-stage Little Pepe ($LILPEPE) has successfully amalgamated meme culture with blockchain scalability, being on an Ethereum-compatible Layer 2 network. The initial presale price was set to be $0.001. By stage 2, the price increased to $0.0011. The upward trend continued steadily: stage 3 at $0.0012, stage 4 at $0.0013, stage 5 at $0.0014, and stage 6 at $0.0015. Following strong buyer momentum, stages 7 through 10 were completed at prices of $0.0016, $0.0017, $0.0018, and $0.0019, respectively. With stage 10 set to be completed, stage 11 will open at $0.0020, marking a total presale gain of 17,361% from the initial entry point. As of this writing, 11,757,726,244 tokens have been sold out of a total of 12,750,000,000 allocated for presale. A total of $17,439,681 has been raised out of a $19,325,000 target. How is Little Pepe different from other meme coins like Dogecoin? Little Pepe has a Layer 2 Ethereum-compatible chain, unlike Dogecoin, which has no technical purpose outside of basic transactions. Its platform entails staking rewards, a meme coin launchpad, sniper bot protection, and DAO voting. There is no tax on the trades conducted over it, and this attracts new users who have started trading crypto, as well as individuals who are already into crypto use. Want to win $77,000 worth of $LILPEPE? At present, Little Pepe is in presale with a $777,000 giveaway . Each of the ten winners will receive $77,000 in tokens of the $LILPEPE. In order to participate, users need to deposit at least $100 into the presale using ETH, USDT, or card. At 10 presale stages that are nearly sold and a planned increase to a new price of $0.0020 in the next step, Little Pepe is taking its effect, making it an insightful answer to the classical meme coins such as Dogecoin, with the form of utilities behind them. Its Layer 2 Ethereum transformation, snipe fire bot security, staking platform, and DAO, along with the forthcoming ability to create NFTs, put it in a league of its own. Having raised 17.4 million dollars and having sold almost 12 billion tokens, Little Pepe keeps gaining popularity as the next-generation meme coin that is supported by actual blockchain utility. For More Details About Little PEPE, Visit The Below Link: Website: https://littlepepe.com The post DOGE set for $1.50 ATH, but not before this lower priced meme coin rises 17361% appeared first on Invezz
13 Aug 2025, 16:47
Pump.fun Is Back on Top and Solana Meme Coins Are Soaring: Here’s Why
PUMP traded at its initial coin offering price of $0.004 on Wednesday, as the platform asserted market dominance for seven consecutive days.
13 Aug 2025, 16:45
Altcoin Open Interest Surges to a Staggering $47 Billion: What This Means for Crypto Market Trends
BitcoinWorld Altcoin Open Interest Surges to a Staggering $47 Billion: What This Means for Crypto Market Trends The cryptocurrency world is buzzing with significant news: Altcoin Open Interest has reached an astonishing all-time high of $47 billion. This remarkable surge, reported by Glassnode on X, signals a profound shift in crypto market trends . It highlights not only increased investor engagement in altcoin trading but also hints at heightened market reflexivity, which can amplify both upward and downward price movements, potentially raising structural fragility within the market. Understanding this record milestone is crucial for anyone navigating the dynamic digital asset landscape. What Does This Record Altcoin Open Interest Signify? The figure of $47 billion in Altcoin Open Interest is more than just a number; it represents the total value of outstanding derivative contracts, such as futures and options, that have not yet been settled or closed. When this metric rises significantly, it typically indicates a substantial increase in speculative activity and leveraged positions in the market. Investors are taking more bets on the future price movements of various altcoins. This unprecedented level suggests a robust influx of capital and heightened interest from both retail and institutional players engaging in altcoin trading . It shows a collective anticipation of significant price action, making it a key indicator for upcoming crypto market trends . However, it also means that a larger portion of the market is operating with borrowed funds, which carries inherent risks. The Impact of Market Reflexivity and Volatility High Altcoin Open Interest directly contributes to increased market reflexivity. What does this mean? It implies that price movements can become self-reinforcing. For instance, if prices start to rise, positive sentiment grows, attracting more traders and pushing prices higher. Conversely, a downward movement can trigger fear, leading to rapid sell-offs and further price declines. This creates a feedback loop where market sentiment and price action continually influence each other. This amplified reflexivity often leads to heightened market volatility . When a large amount of capital is leveraged, even small price swings can trigger liquidations of positions, forcing traders to close out their bets. These cascading liquidations can accelerate price movements, creating sudden and dramatic shifts in the market. The structural fragility Glassnode mentioned refers precisely to this susceptibility to rapid and intense price swings, which can catch unprepared traders off guard. Navigating Current Crypto Market Trends and Altcoin Trading For participants in the crypto space, recognizing the implications of this record Altcoin Open Interest is vital. While it signals strong interest and potential for significant gains, it equally underscores the need for cautious strategies. Investors and traders must consider the elevated risks associated with increased leverage in the market. This environment demands a more sophisticated approach to risk management. Consider these actionable insights: Implement Strict Risk Management: Avoid over-leveraging. Set clear stop-loss orders to limit potential losses if the market moves unfavorably. Diversify Your Portfolio: Do not put all your capital into a single altcoin. Spreading investments across different digital assets can mitigate risks. Stay Informed: Keep a close eye on market news, on-chain data, and sentiment indicators. Rapid changes in crypto market trends require quick reactions. Understand Liquidation Risks: Be aware that high open interest means more positions are vulnerable to liquidation, which can trigger sudden price drops. Is This Digital Asset Growth Sustainable? The surge in Altcoin Open Interest is undeniably a sign of growing interest and expanding digital asset growth . However, the question of sustainability lingers, particularly given the inherent structural fragility. While new capital inflow is positive, the concentration of leveraged positions can create a fragile ecosystem. A sudden market shock, such as a major regulatory announcement or a significant liquidation event, could trigger a broad downturn across altcoins. This record high serves as a powerful reminder that while the potential rewards in altcoin trading are significant, so are the risks. The market is currently experiencing a period of intense speculation, and while this can lead to explosive growth, it also sets the stage for potentially sharp corrections. Prudent investors will balance their optimism with a healthy dose of caution, ensuring their strategies are robust enough to withstand periods of extreme market volatility . The record-breaking $47 billion in Altcoin Open Interest marks a pivotal moment in the cryptocurrency landscape. It reflects a vibrant and expanding market, attracting unprecedented levels of engagement. However, this growth comes with increased market reflexivity and the potential for heightened market volatility , demanding careful consideration from all participants. By understanding these dynamics and adopting disciplined strategies, traders and investors can better navigate the exciting yet challenging future of crypto market trends . Frequently Asked Questions (FAQs) What does “Altcoin Open Interest” mean? Altcoin Open Interest refers to the total number of outstanding derivative contracts (like futures or options) on altcoins that have not yet been closed or settled. It indicates the amount of capital currently leveraged in the altcoin derivatives market. Why is $47 billion a significant figure for altcoins? A $47 billion record high signifies an unprecedented level of speculative activity and leveraged positions in altcoins. It indicates strong investor confidence and participation but also points to increased market risk and potential volatility due to the large amount of capital at stake. How does high Altcoin Open Interest affect market volatility? High Altcoin Open Interest amplifies market reflexivity, meaning price movements can become self-reinforcing. This increases the potential for rapid and dramatic price swings, as large leveraged positions are vulnerable to cascading liquidations during market downturns, leading to heightened market volatility. What should investors do amidst high Altcoin Open Interest? Investors should prioritize robust risk management, avoid excessive leverage, and consider diversifying their portfolios. Staying informed about market developments and understanding liquidation risks are crucial for navigating this environment effectively. Does record open interest guarantee continued digital asset growth? While record open interest reflects strong interest and potential for digital asset growth, it does not guarantee sustained growth. The increased leverage and structural fragility mean the market is more susceptible to sharp corrections, requiring caution despite the positive momentum. Did this article help you understand the implications of record Altcoin Open Interest ? Share this valuable insight with your network on social media to help others navigate the complex world of crypto market trends ! To learn more about the latest crypto market trends , explore our article on key developments shaping altcoin trading and its future price action. This post Altcoin Open Interest Surges to a Staggering $47 Billion: What This Means for Crypto Market Trends first appeared on BitcoinWorld and is written by Editorial Team
13 Aug 2025, 16:45
Chainlink Whales Pile In as Analysts Eye $200 Price Target
Whale transactions in LINK hit highest level in three months LINK price jumped 16% after bouncing from key support zone Analysts eye $200 target driven by scarcity and institutional adoption Chainlink (LINK) is making headlines again as on-chain data shows that whale transactions have surged to their highest level in three months, according to analyst Ali Martinez. This rise in big-money moves comes as LINK’s price has rallied sharply, jumping 10% in the last 24 hours. Chainlink $LINK whale transactions surged to the highest level in 3 months! pic.twitter.com/ejFsf4zyNx — Ali (@ali_charts) August 13, 2025 The surge in whale activity coincides with bullish market sentiment and a series of announcements. Chainlink recently revealed a strategic partnership with the Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, to bring forex and precious metals data on-chain. Chainlink Long-Term Analysis According to experts, Chainlink could be the biggest winner from this wave of institutional adoption. The coin will overtake several other major cryptocurrencies in market cap rankings. Analyst Jeremy Fielder recently raised… The post Chainlink Whales Pile In as Analysts Eye $200 Price Target appeared first on Coin Edition .
13 Aug 2025, 16:43
NEAR Rallies on Institutional Inflows, Surges Past Resistance Before Volatile Pullback
NEAR Protocol experienced strong upward momentum between 12 August 16:00 and 13 August 15:00, climbing from $2.75 to $2.91 for a 5.82% gain on trading volumes exceeding $7.6 million. Institutional inflows played a key role, with the cryptocurrency breaking multiple resistance levels and establishing firm support at $2.76. Volume spikes during breakout phases surpassed twice the 24-hour average, reflecting heightened market conviction and positioning NEAR for a potential move toward the $3.00 psychological threshold. During the final 60 minutes from 13 August 14:40 to 15:39, NEAR displayed notable volatility, retreating from $2.92 to $2.91 after hitting a session high of $2.94 and a low of $2.88. Resistance rejection at $2.94 coincided with a sharp selloff at 15:09, where volumes exceeded 396,000. This was followed by stabilization in the $2.90–$2.91 range with declining volumes, indicating a temporary balance after an intense price discovery phase. Broader market dynamics favored NEAR as part of a trend toward Layer-1 blockchain infrastructure plays during a recovery phase. Global cryptocurrency investment products saw $572 million in inflows, with NEAR attracting notable investor interest alongside Solana and XRP. The protocol’s user base reached 16 million weekly active participants—up 18.4% and surpassing Solana’s 14.8 million—supported by strategic partnerships with Aurora Labs and expanding developer engagement, underscoring its strong long-term growth prospects. Technical Indicators Overview Robust support established at $2.76 with substantial volume confirmation during early morning trading hours. Resistance level identified near $2.94 with multiple rejection attempts observed. Volume peaks exceeded 7.6 million during breakout phases, significantly above the 24-hour average of 3.5 million. Sustained upward trajectory with consistent higher lows formation indicates continued bullish sentiment. Classic resistance rejection pattern at $2.94 level with substantial volume spikes exceeding 396,000. Consolidation around $2.90-$2.91 range with diminishing volume suggests temporary equilibrium. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy .