While no one can accurately predict the future, the recent decline in the price of #BONK could pave the way for a deciding moment for the asset’s future price.Such a substantial price drop can easily turn into a downward spiral that sends the price into hard-to-recover-from levels. The second largest meme coin, Shiba Inu, is an example of a token that has faced a similar struggle. While SHIB has impressed in recent weeks, it remains 87.79% below its October 2021 all-time high.Meanwhile, BONK’s decline could also pave the way for a new crop of holders who missed out on the initial run-up to build a position. However, there is no guarantee this would be favorable, and investors should conduct thorough research before jumping in.In BONK’s case, the recent listing on Coinbase could help its course in the same way that Solana’s recent rise to stardom has impacted BONK’s price positively.However, continued selling pressure could see investor confidence evaporate and potentially send the token into the ashes, where most meme coin-related projects end up after their classic moments.$BONK

The largest meme cryptocurrencies are outperforming the market benchmark yet again, while some lesser-known coins secure their spots in the top league. Meanwhile, Dogecoin (DOGE) replaces Toncoin (TON) as the ninth largest cryptocurrency and Pepe (PEPE) blasts past Polygon (MATIC).
Bonk (BONK) is another top gainer in the meme coin sphere with its 10.4% overnight upsurge. Its cap is back above $2.18 billion; the token is close to surpassing Optimism (OP) and Sui (SUI) and entering the top 50 cryptos by market cap. The largest meme coins, however, are sending mixed signals to investors despite being in green. Some of them, including Shiba Inu (SHIB), Dogwifhat (WIF) and Book of Meme (BOME), are underperforming compared to the market benchmark.
The net capitalization of the crypto segment added 3.7% in the last 24 hours, while SHIB, WIF, BOME are up by 0.5-2.5% each.
Solana, Base meme coins outperform crypto market:
In total, the segment of meme coins added 5% overnight. However, some of its most volatile subclasses are posting more impressive gains. Thanks to POPCAT, MEW and MOG rallying, the cat-themed meme coin group is up by 15%. Solana's meme coin sphere is up by 10%. Thanks to the positive performance of Based Brett (BRETT), the Base meme coin group logged 7.8% and also outperformed the market significantly. Bitcoin (BTC), the largest cryptocurrency, is up by 2.6%; the orange coin is changing hands at $66,467 after touching the local high over $67,400.
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As the bull run in Bitcoin regains momentum after the successful retest of the $65,000 mark, a fresh breeze of relief starts in the market. Amidst this recovery, the PEPE meme coin shows a potential price jump despite the ongoing correcction phase.
As the anticipation of a bounce back grows intense amognst the sideliners, the meme coin offers a discounted entry spot. Will the PEPE price reach $0.000015 this month? Find out more in our PEPE price prediction.
PEPE Price Performance
With a market wide slowdown, the meme coins like PEPE showcase a declining price trend. Despite the massive bull run earlier in March, the second half leads to quick fall in the bullish momentum.
The PEPE price drops by 33% to test the support zone at $0.0000063 from the peak of $0.000010. With the sharp increase in the selling pressure, the price action forms a descending trendline.With the previous bull run in consideration, the pullback forms a bullish flag, known for a trend continuation theme. Further, the bounce back in Bitcoin and the upcoming Bitcoin halving cements the altcoin season possibility.
Currently, the PEPE token trades at a price of $0.0000067 with an intraday candle teasing a Doji formation. In the shorter-term, the meme coin hints at a morning star formation, known for igniting a bullish comeback.
Technical Indicators:
EMA: With an overall bullish trend, the 200 and 50-day EMA maintain a positive alignment. Currently, the 50D EMA provides dynamic support to the pullback, teasing a bounce back.
RSI: The daily RSI line declines below the halfway line, with the 14-day SMA providing dynamic resistance. Will The PEPE Token Give Flag Breakout?
With multiple bullish catalysts, the chances of reversal are strong for the frog-themed meme coin. Therefore, the PEPE price could surpass the overhead resistance trendline for a sprint to the $0.000015 mark. However, the buyers must overcome the supply at the psychological mark of $0.000010.
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The now-rebranded Fetch.AI (FET) regained the $1.4 price range amid the market recovery and is currently testing the $1.5 resistance level. Over the weekend, the AI token saw a nearly 40% recovery and seems to be preparing for a breakout.

Market watchers have predicted short and long-term targets for the token after the Artificial Superintelligence Alliance (ASI) token merger.

FET Drops 23% Amid Market Retrace:

This month, the Artificial Superintelligence Alliance kicked off phase 1 of the ASI token merger process. The process began with rebranding Fetch.AI’s name and logo to the Alliance’s. Additionally, FET updated its supply and market capitalization but momentarily kept its ticker.Phase 1 began with delisting Ocean Protocol (OCEAN) and SingularityNET (AGIX) from crypto trading platforms. However, several exchanges, including Coinbase, announced they would not support the migration process.

Following the rebrand, FET’s price dropped by nearly 10% despite flipping other AI tokens like Render (RNDR) and becoming the 27th largest cryptocurrency by market capitalization.

At the time, the token lost the $1.4 support zone and fell to the $1.2 price range before reclaiming the $1.3 mark. The broader market retrace dragged FET’s price below $1.1, a level not seen since late February. This performance represented a 26% decline from its Q3 opening price of $1.45.

ASI Token Merger Update Next Week:

As the market recovered from the July retrace, FET surged 38.7% over the weekend. The AI token rose from the $1.11 price level and reclaimed the $1.4 support zone on Monday. Some market watchers highlighted FET’s steady recovery, suggesting that the token maintained a bullish pattern and seemed poised to make a 3X performance.

On Thursday, World of Charts pointed out FET’s recent price action. To the analyst, the token is breaking out of a falling wedge pattern and expects a “massive bullish wave” towards $5 in the following days.
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#Ripple (XRP) Skyrockets 13% Daily to 3-Month Peak, Bitcoin (BTC) Touched $66K (Market Watch)
After XRP, the other notable gainers from the larger-cap alts include FET, AVAX, APT, and more.
Amid the ongoing positive inflows toward the spot Bitcoin ETFs, the price of the underlying asset continues to recover and tapped $66,000 for the first time in roughly a month earlier today.
The altcoins are also well in the green, with XRP leading the pack following a 13% daily surge.
BTC Stopped at $66K:
Bitcoin’s price actions went through extreme turbulence at the start of the month, culminating in a price dump to a three-month low of under $54,000 on July 5. Since then, though, the asset has managed to recover more than ten grand.
The bounce-off started almost immediately with a jump to $58,000, and the cryptocurrency stood there for several days. It wasn’t until the failed assassination attempt against US presidential candidate Donald Trump during the weekend that BTC spiked hard and reclaimed the $60,000 line.
More gains came at the start of the current business week as bitcoin jumped to $63,000 yesterday and kept climbing in the past 24 hours. Another three-grand increase resulted in tapping $66,000 for the first time since June 20.
Despite losing about $1,000 since then, bitcoin now sits at just over $65,000. Its market cap is slightly above $1.280 trillion, and its dominance over the alts stands still at 51.2% on CG.
XRP on the Run:
Ripple’s native token has emerged as today’s top performer. The asset has soared by more than 13% in the past 24 hours and now trades at a multi-month peak of its own at over $0.6. FET is the other larger-cap alt with a similar surge that has driven it to $1.5.
The other impressive gainers from this cohort of crypto assets include SOL (6%), DOGE (5%), AVAX (8%), DOT (5%), APT (10%), XLM (8%), and
ATOM (8%).
The cumulative market capitalization of all
crypto assets has added more than $80 billion
overnight and now sits at just over $2.5 trillion
on CG.
$XRP
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The cryptocurrency market has started the third week of July with a strong bullish sentiment, highlighting a positive outlook for the tokens this week. Further, with the price of Bitcoin holding its value above the $63K mark, top altcoins have recorded a bullish price action.
Moreover, after recording a bearish price action for a brief period, the Artificial Intelligence (AI) category has regained momentum and has recorded a significant jump in its valuation over the past few days.
Dive in as, in this article, we have covered the top 3 Artificial Intelligence (AI) tokens that have the potential to record a massive price action in their respective portfolios during the upcoming weeks.
Artificial Superintelligence Alliance (FET) Price Action:
Amid increased bullish sentiment in the crypto space, the FET price has regained momentum and has jumped approximately 11% within the past day with a trading volume of $140.47 Million. Further, it has added 9.58% to its portfolio over the past week, indicating increased bullish influence.
The technical indicator, MACD, shows a constant rise in the green histogram with its averages recording a bullish action. This highlights an increase in the buying pressure. Moreover, the SMA indicator has displayed a positive crossover, suggesting the FET price will continue gaining value this week.
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BONK, RNDR and AKT are among the worst performing currencies today.
The price of Bitcoin rose sharply yesterday, approaching $60,000 after the release of CPI data, but lost all momentum and withdrew more than $2,000.
Most counterfeit coins are quite sluggish on a daily basis. However, there are also many big losers, such as BONK, RNDR, BRETT, PEPE and WIF.
BTC plummeted after the soaring CPI:
Last Friday, major cryptocurrencies fell sharply to a monthly low of less than $54,000. The asset rebounded over the weekend and exceeded $58,000, but it was just a flash in the time. A few hours later, the shorts made a comeback and pushed it down again.
This week's opening fluctuated again, with another surge and plunge at about $58,000 and $55,000. Later this week, BTC tried to break through $59,000, but its first attempt failed.
However, the U.S. CPI data (yesterday) was better than expected. This caused the price to soar immediately to a daily high of $59,500. However, shorts once again got out of trouble and pushed for another round of decline, causing BTC to fall by more than $2,000.
So far, the price of Bitcoin is slightly higher than $57,000. Its market value is less than $1.130 trillion, and its dominance over counterfeit coins in CG is less than 51%.
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Dogecoin (DOGE) and Solana (SOL) Lead Crypto Market Recovery as Bitcoin (BTC) Reclaims According to data provided by CoinGecko, Dogecoin (DOGE), XRP and Solana (SOL) are among the top gainers over the past 24 hours. Each of the aforementioned cryptocurrencies has surged by more than 4%.The total market capitalization of all cryptocurrencies listed on the website currently stands at $2.35 trillion. Internet Computer (ICP), dogwifhat (WIF) and Jupiter (JUP) are among the best-performing cryptocurrencies in the top 100. Notably, ICP is the only token from the list that has managed to However, the leading cryptocurrency is still down 18% from its record high that was achieved in March. As reported by U.Today, Glassnode co-founders predicted that a significant capital rotation to alternative cryptocurrencies could take place in the near future. Bitcoin's dominance currently stands at 51%.
 double-digit gains.
kMeanwhile, Bitcoin has surged back above the $60,000 level after multiple failed attempts to break through the important resistance level. The flagship cryptocurrency managed to regain some ground after Saxony, a state in the eastern part of Germany, stopped selling its confiscated Bitcoins earlier this week.the same time, Coinbase researchers recently predicted that the crypto market would remain underwhelming in the third quarter of the year due the the apparent lack of positive catalysts. There is still a lot of uncertainty about the potential market reaction to the upcoming launch of spot Ethereum exchange-traded funds (ETFs) in the U.S. since it is unclear what level of demand they will attract. However, cooler-than-expected inflation could boost chances of a major price rally. According to QCP, hedge funds have been "aggressively" buying December and March Bitcoin options calls that are targeting six-digit Bitcoin pric
$BTC $SOL
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Stellar (XLM) has recently gained nearly 12%, driven by on-chain market statistics and a recent development. Analysts predict potential further gains for the token.

Market Overview

On July 13, the price of Stellar's native token, XLM, rallied by 12%, sparking optimism across the crypto industry. This price increase is underpinned by several bullish market dynamics.

Stellar’s On-Chain Data Signals Market Uptrend

According to Coinglass data, Stellar is currently experiencing a significant market uptrend. The Futures Open Interest (OI) for XLM saw a remarkable 47.24% increase to $42.01 million, indicating a rise in money inflow within the derivatives market and underscoring investor interest in the asset. Additionally, the derivatives volume surged by 229.81% to $184.91 million, reflecting increased trading activity.

However, today’s data also showed more short liquidations compared to long ones. Coinglass liquidation data recorded $224.18K in short liquidations and $59.47K in long liquidations, causing some investor concerns about future price movements. Despite this, a recent upgrade to the Stellar network has mitigated bearish market sentiments.

Earlier this month, Stellar introduced Soroban, a smart contract platform that focuses on performance, sustainability, and security within its ecosystem. This development has attracted users and developers globally, serving as a potential bullish factor for the long-term prospects of XLM.

XLM Price Rallies

At the time of writing, XLM has increased by 11.79% to $0.102. The token’s 24-hour low and high were $0.09054 and $0.1041, respectively
$XLM
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#XRP Soars 18%, Community Cheers! Is Ripple vs. SEC Finally Ending?
Story Highlights
The Biden administration may be pressuring the SEC to ease scrutiny on crypto firms.
Bill Morgan’s buy-the-dip strategy at $0.40 pays off as XRP price rises above $0.52.
Speculation arises that the SEC might end its investigation into Ripple, boosting XRP.
Ripple’s native cryptocurrency, XRP, has surged by over 18.8% this week, reclaiming the crucial resistance level of $0.52. This significant rise has ignited discussions about the driving forces behind the recent price movement.
Recent actions by the SEC, coupled with potential government pressure, have fueled speculation that the investigation into Ripple might soon reach a conclusion. Could this signal that XRP will finally be classified as a non-security?
Dive deeper to find out why XRP is making headlines and what it might mean for the future of the token.
Why Is XRP Pumping?
In a recent tweet, prominent crypto influencer Wise Advice highlighted this extraordinary price surge, suggesting that the SEC may be on the brink of ending its investigation into Ripple, the company behind XRP.
Wise Advice noted that the SEC in the past three weeks, the SEC has ended its investigations into several other crypto firms, including Consensys, Paxos, and Hiro. This pattern indicates a broader shift in the SEC’s approach toward the cryptocurrency sector.
This development has led to speculation that the Biden administration may be encouraging the SEC to ease its scrutiny on the crypto industry.
$XRP
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