The Frog-theme memecoin Pepe (PEPE) approached the ATH mark and delivered consistent upmove amidst the market volatility. A rounding bottom formation breakout was registered in the last trading sessions. PEPE coin traded in an uptrend and revealed consistent higher high swings, soared over 104% this month.
Fueled by the strong trading activity and significant network growth of PEPE, investors have holded the memecoin and showed their willingness to buy Pepe coin.
Despite the market volatility, the memecoin market significantly outperformed the crypto market, and PEPE coin has been one of the top performing among its peers.
At press time, PEPE price was $0.00001358 with an intraday rise of 22.10%, reflecting strong bullish momentum on the charts. It has a monthly return ratio of 130.29% and 890.27% yearly, revealing a strong short term uptrend.
PEPE Coin Skyrockets after Ether ETF News
The possibility of Spot Ether ETF approval news fueled strong buying momentum in the memecoin market, most in the PEPE coin, which surged over 25% intraday. Other than positive news, the technicals of the PEPE coin revealed a bullish trend and hinting that the bull rally might continue ahead.
Going forward, the MVRV ratio stood at 38%, signifying that most of its investors have gained huge profit and selloff is due, which may hit anytime will lead to a correction soon.
Source: TradingView
The daily charts replicate the breakout and the memecoin has overtaken the 78.6% Fibonacci level. 
Additionally, a sharp spike in the trading volume over 84% to $3.38 Billion and the market cap soared over 3.20% to $5.75 Billion. Meanwhile, the total supply of the PEPE coin is 430.69 trillion.
What Does Price Volatility and Sentiment Indicate?
Following the sharp price rise, the price volatility soars over 54% to 0.084 mark, revealing the investor speculation.

Meanwhile, the sudden drop in the weighted sentiment signifies the profit booking at the highs may be seen shortly, as investors are looking to secure their gains.
Futures OI Data Outlook
The derivative data reveals the massive long additions and the open interest spiked over 34.77% to $164.88 Million in the last 24 hrs.

Source: coinglass
Recent tweet on X, the memecoin displayed an intense surge in transaction activity over the last weeks. Over the past few weeks, a significant increase in transaction activity was noted. The value soared over 22% to 2672 mark this week.

$PEPE

Service in the meme coin market by building on the legacy of Pepe the Frog, a character with a long and controversial history. The project's dedication to honoring this character sets it apart from other cryptocurrencies and enhances its appeal within the crypto community.
Redistribution System
One unique aspect of PEPE is its redistribution system, which rewards long-term stakers and encourages users to hold onto their tokens for extended periods. This system not only incentivizes holding but also aligns the interests of the holders with the project's long-term success. By promoting token retention, PEPE aims to foster a loyal and engaged user base, thereby increasing the chances of sustained success.
Burn Mechanism
PEPE's burn mechanism further distinguishes its nature by maintaining scarcity in the market. Through periodic token burns, the project reduces the total supply of PEPE, which can potentially lead to an increase in token value over time. This deflationary approach contrasts with many other cryptocurrencies that have fixed or inflationary supplies.
Tax-Free Policy
Another standout feature of PEPE is its tax-free policy. Unlike many other cryptocurrencies that impose transaction fees, PEPE does not charge any fees for buying, selling, or transferring tokens. This no-tax approach can attract a wider audience, making the token more accessible and appealing to a broad spectrum of users. The absence of transaction fees also encourages more frequent trading and transfers, thereby increasing the token's liquidity.
Community-Driven Development
PEPE's development is heavily community-driven. The project actively involves its community in decision-making processes, ensuring that the voices of its users are heard and considered. This inclusive approach helps build a strong and supportive community, which is crucial for the project's growth and longevity. By prioritizing community input, PEPE can adapt to changing market conditions and user needs more effectively.
Cultural and Historical Significance
The cultural and historical significance of Pepe the Frog adds another layer of uniqueness to PEPE. As a widely recognized internet meme, Pepe the Frog has a storied past that resonates with many internet users and meme enthusiasts. By leveraging this cultural icon, PEPE taps into a rich vein of internet culture, creating a strong brand identity that differentiates it from other meme coins.
Educational Initiatives
PEPE also stands out through its educational initiatives. The project is committed to educating its users about the broader cryptocurrency market, investment strategies, and the importance of decentralization. By providing valuable resources and learning opportunities, PEPE empowers its community to make informed decisions and fosters a more knowledgeable user base.
Collaborations and Partnerships
Strategic collaborations and partnerships further enhance PEPE's uniqueness. The project seeks to form alliances with other crypto projects, influencers, and platforms to expand its reach and impact. These partnerships can lead to new use cases for PEPE, increased visibility, and a stronger presence in the crypto ecosystem.
Philanthropic Efforts
In addition to its core features, PEPE is dedicated to giving back to the community. The project regularly engages in philanthropic efforts, such as donating to charitable causes and supporting initiatives that promote positive social change. This commitment to philanthropy not only enhances PEPE's reputation but also attracts socially conscious investors who are looking to support projects with a positive impact.
In summary, PEPE's unique combination of a culturally significant mascot, a rewarding redistribution system, a deflationary burn mechanism, a tax-free policy, community-driven development, educational initiatives, strategic partnerships, and philanthropic efforts make it stand out in the crowded meme coin market. These distinctive features contribute to PEPE's growing popularity and potential for long-term success.

Linh had always been fascinated by the idea of making a difference in the world. As an environmental science graduate, she was particularly interested in renewable energy. However, she had never considered herself an investor until one day, a seminar at her university sparked a new passion.
The seminar was about the growing field of renewable energy investments. The speaker, an experienced investor named Minh, talked about how investing in renewable energy companies not only promised financial returns but also contributed to a sustainable future. Inspired by Minh’s story and success, Linh decided to explore this field further.
Linh spent weeks researching. She learned about solar, wind, and hydropower companies, their market potential, and the technologies they were developing. She was particularly drawn to a small but promising solar energy startup called SunWave Technologies. The company was working on innovative solar panels that were more efficient and cheaper to produce than existing models.
Feeling confident about her research, Linh decided to make her first investment. She used her savings to buy shares in SunWave Technologies. It was a modest investment, but it marked the beginning of her journey.
The first few months were nerve-wracking. Linh watched the stock market daily, seeing her investment fluctuate. There were moments of doubt, especially when the market dipped. However, she reminded herself of the long-term potential and the importance of renewable energy.
Over time, SunWave Technologies started to gain recognition. Their new solar panels received positive reviews, and the company secured several large contracts. As a result, their stock price began to climb steadily. Linh’s initial investment started to show significant returns.
Encouraged by her success, Linh diversified her portfolio. She invested in other renewable energy companies, including a wind farm operator and a hydropower project. She also joined a local investment group focused on sustainable investments, where she met like-minded individuals and gained further insights.
Years passed, and Linh’s investments continued to grow. Her portfolio was not only financially rewarding but also gave her a deep sense of fulfillment. She knew that her money was contributing to the development of sustainable technologies and a cleaner future.
One day, she was invited to speak at the same seminar that had once inspired her. Standing on the stage, Linh shared her journey with the audience, emphasizing the importance of thorough research, patience, and a commitment to sustainability.
Her story inspired many in the audience, just as Minh’s had inspired her years ago. Linh realized that her journey was not just about financial success; it was about being part of a larger movement towards a better, more sustainable world.
As Linh left the stage, she felt a profound sense of accomplishment. She had not only grown as an investor but also as a person dedicated to making a positive impact on the planet. Her journey into renewable energy investment had truly been a journey of a lifetime.

#TrendingInvestments #NOTCOIN💥

The interviewee is Jack Booth, Director of Marketing at TON Foundation and Games Master of the Open League.
The audio-to-text transcription used GPT, which may contain errors. Listen to the full podcast：Youtube Spotify
Is Notcoin developed by your team? Why was it listed simultaneously on OKX and Binance?
Notcoin was not developed by our team. It was created by an independent community team. The launch, which happened yesterday, was incredibly successful. The entire community was extremely excited, and the build-up to the launch was incredible. The feedback from everyone has been amazing.
We did encounter a few issues. Even Bybit went down due to the high traffic driven by Notcoin’s launch. The wallet on Telegram also experienced some issues where claims weren’t working properly.
As for why it was listed simultaneously on OKEx and Binance, it’s because this is the biggest launch of a web3 game ever. No web3 game has grown to 35 million users in just 3 months before. Consider Axie Infinity, which was considered the biggest web3 game before this. At its peak, it had only 2 million daily users. In contrast, Notcoin consistently had 6 million daily users, with 600,000 users playing at any given moment during the mining phase. This is an incredible milestone for the ecosystem, proving that projects aiming to scale and reach millions of users can do so on platforms like Telegram.
The exchanges wanted to be part of this significant moment. OKEx, Binance, Bybit, and others bought into the “probably nothing” vision of Notcoin. This catchphrase, “probably nothing,” was because Notcoin never claimed to be anything significant and even suggested that users might waste their time. Contrary to this, it has turned out to be something substantial.
What are the leading applications in the TON ecosystem?
Telegram is a significant part of the TON ecosystem. One of the first major use cases of the TON Blockchain was the application developed by Telegram itself, which is Fragment.com. Fragment.com allows you to buy your Telegram username as an NFT. This is a groundbreaking feature as it enables you to own your social media handle, a first in the history of social media. This concept is akin to owning valuable real estate on the blockchain. For example, there’s only one username “@crypto” on the entire Telegram platform, and you can build a mini-application associated with that username.
I liken this to buying land in central London in 1920. Back then, you could have built various structures to increase its value. Similarly, owning a valuable username on Telegram can attract traffic and enhance your project’s visibility, as Telegram users interact with it daily. This makes Fragment.com a game-changer and one of the leading applications in the TON ecosystem, with about $300 million worth of total volume since its launch.
Another key application is @wallet. This is the primary wallet within Telegram, allowing users to send and receive USDT, Bitcoin, TONcoin, and now Notcoin, directly within their Telegram DMs. This facilitates instant and borderless payments. For instance, I can send you any amount of money from London to Asia seamlessly. The wallet aims to make global payments almost free and instantaneous, potentially enabling fiat-to-fiat transactions within Telegram without users needing to know they’re using blockchain technology. This could revolutionize how people send money across borders, making it extremely accessible.
Notcoin is another significant application that launched recently, reaching 35 million users. It’s now entering a phase where projects can buy Notcoin and offer it as a reward for completing on-chain tasks. During its initial phase, the Notcoin mining game was highly successful, attracting hundreds of thousands of users overnight. This proven model will continue to drive traffic and incentivize user engagement within the TON ecosystem.
Is the Telegram founder the real supporter behind TON?
Telegram was indeed the original creator of the TON (The Open Network) Blockchain and laid down the foundational white paper and technology. However, due to regulatory issues with the SEC during their ICO, Telegram had to cease their direct involvement, return the ICO funds to investors, and pay fines. At that point, Telegram handed over all development keys and control of the project to the community.
The community developers, who are now part of the TON Foundation where I work, took over the project from there. It wasn’t even on a mainnet at the time, and they had to develop and launch it from a relatively unusable state to what it is now. This community-driven approach has been crucial in advancing the TON Blockchain to its current capabilities.
While Telegram is no longer directly developing the TON Blockchain, it remains a significant supporter and collaborator. Telegram builds applications on top of the TON Blockchain, such as Fragment.com and the upcoming NFT stickers. They are also integrating TON Blockchain Features into Telegram itself, like the wallet integration within the settings menu. This collaboration is vital as it provides an entry point for blockchain technology to millions of Telegram users.
Telegram’s mini app platform is open, allowing anyone to build mini apps, not just those based on TON. However, TON has a unique integration with Telegram through TON Connect, enabling seamless blockchain interactions within Telegram. This integration aims to make blockchain applications accessible and easy to use without leaving the Telegram app.
The collaboration between the TON Foundation and Telegram benefits both parties. For Telegram, it drives new user growth and attracts developers to build on their platform. For TON, it provides a vast user base and a valuable digital landscape for blockchain applications. This partnership aims to create the first web3 global super app, leveraging Telegram’s extensive reach and TON’s blockchain capabilities.
Why hasn’t Binance listed TON yet? Have there been any communications about it? Is there a possibility of listing in the future?
I can’t comment on ongoing discussions due to confidentiality. There are confidentiality clauses in place that prevent us from disclosing any details about current or potential communications regarding Binance’s listing of TON.
While I understand your curiosity, we must respect these confidentiality agreements and cannot provide any specific information on this matter at the moment.
Are there any interesting stories about the collaboration between TON and USDT? How was this partnership achieved, and what are the future goals?
Are there any interesting stories about the collaboration between TON and USDT? How was this partnership achieved, and what are the future goals?
The collaboration between TON and USDT has been a significant milestone for both platforms. The launch of USDT on TON was announced by Pavel Durov at Token 2049 in Dubai in April. This partnership is a strategic match, combining the world’s largest stablecoin with a highly scalable blockchain and a massive messaging platform like Telegram. The goal is to provide financial services to the unbanked and offer a stable currency to combat inflation in emerging markets.
An interesting story about the collaboration’s origin involves Paolo Ardoino, the CTO of Tether (USDT). He was introduced to TON by community members in a restaurant. They explained how TON would become Telegram’s major blockchain partner and suggested that USDT could leverage this partnership to reach Telegram’s vast user base. This initial introduction sparked further discussions, with Paolo Ardoino driving the integration of USDT into TON and Telegram. He recognized the potential to grow USDT’s market share by tapping into Telegram’s unique access to unbanked populations, who are difficult to reach through traditional marketing channels but are accessible via Telegram’s messaging platform.
The launch has been incredibly successful. Since its announcement in April, the circulating supply of USDT on TON has reached $275 million, with around 75,000 users holding USDT on the blockchain. This growth far exceeded initial expectations, with the goal of $100 million in circulating supply for the first year being surpassed more than threefold in just four weeks.
The future goals include continuing to leverage Telegram’s reach to expand USDT’s user base, particularly in emerging markets. By integrating USDT into the TON ecosystem, the partnership aims to provide seamless, borderless financial services to a broader audience, making stablecoins more accessible and practical for everyday use.
This collaboration is a prime example of how blockchain technology and stablecoins can work together to address real-world financial challenges, particularly for unbanked populations. The momentum behind this growth is promising, and the partnership is well-positioned to achieve even greater success in the future.
Does TON focus more on the Asian market? Are there any regulatory restrictions in the European and American markets?
Our focus is indeed more on markets where there is a strong presence of mini app developers, particularly in Asia and the CIS regions. These markets have a deep familiarity with super apps, which are popular and widely used. For instance, platforms like Line and KakaoTalk in Asia, and VK in Russia, have already established the super app model. Developers and users in these regions understand the concept of integrating multiple services into a single messaging app, making it easier to introduce and scale our solutions.
Our strategy leverages this familiarity by enabling blockchain Features for existing mini app developers. These developers can significantly enhance their revenue and user engagement by integrating with the TON blockchain, tapping into Telegram’s extensive user base.
Our recent participation in the Hong Kong Web3 Festival validated our approach. The feedback was overwhelmingly positive, with developers showing immense interest in our technological roadmap and marketing support. The excitement and understanding of our vision were palpable, particularly in Asia, where developers are eager to be part of the global Web3 super app movement through Telegram.
Regarding regulatory restrictions in the European and American markets, we are mindful of the different regulatory environments. While I cannot comment on specific restrictions, it’s clear that these regions have more stringent regulatory frameworks for blockchain and cryptocurrency projects. This is partly why our focus remains on regions with a more favorable and understanding approach to blockchain innovation.
The momentum in Asia and Eastern Europe is growing, and developers there are keen to build and scale applications on the TON blockchain. Although we are still in the early stages of ecosystem development, with only a few hundred applications and no single killer app with over 100 million users, the strategy and narrative are solid. As we continue to grow and validate our approach, we anticipate further expansion and success in these key markets.
I appreciate the point about the inequality between Eastern and Western developers. It is indeed a significant issue, as Eastern developers often do not receive the same level of funding as their Western counterparts. Most venture capital investments occur in the West, which puts Eastern developers at a disadvantage. This is why our focus is strongly oriented towards Eastern European and Asian regions. We provide a platform that attracts users, making any VC interested in applications with substantial user bases, such as 10 million or 20 million users. Building on platforms like TON and Telegram gives these developers an opportunity to reach the same stage as their Western counterparts.
We have the Open League, which is our growth strategy for the ecosystem. It’s an exciting project that has grown beyond my expectations. The Open League is an ecosystem-wide competition where projects compete based on their performance metrics, such as growing their total value locked (TVL) and user base. Successful projects are rewarded with TON Coin.
Another benefit of the Open League is the LP boost provided by the TON Foundation. This boosts the liquidity pools on decentralized exchanges (DEXes), making the tokens of participating projects more attractive. This added liquidity generates excitement and interest around these projects. Unlike traditional grants where the foundation decides on funding, the Open League offers a transparent system with clear rules. Projects that follow these rules and perform well can win significant prizes. For instance, in the recently concluded season 2, the top project received $375,000. This approach is fairer and encourages continuous development and community engagement.
Additionally, we are launching the Open League Summer, featuring 13 hackathons in 13 countries, including Hong Kong and Taipei. These events gather individuals with ideas for building on TON, allowing them to pitch and compete for a share of $2 million in prizes. Successful participants can enter the Open League, which brings significant user interest and engagement.
The results since the Open League started in March have been impressive. Daily active wallets have increased by 725%, DeFi TVL by 800%, and liquidity providers by 765%. Daily trading volume on our DEXes has surged by 1,038%, and the number of token holders has grown to 1.6 million, an increase of 13%. These metrics demonstrate the program’s effectiveness in driving ecosystem growth. So far, we’ve announced rewards totaling 30 million TON, equivalent to about $200 million, for the Open League projects and their users. Season 3 just started two days ago, and we are excited to see continued growth and innovation.
What is the distribution of TON tokens like? Do early miners hold a significant amount of the tokens?
Since the TON Foundation was not the original issuer of TON Coin, we rely on public on-chain data to understand its distribution. According to Token Terminal data, there are now 17.11 million addresses holding TON Coin. Initially, a significant portion was distributed to a small number of large holders. However, many of these holders are not actively circulating their tokens as they prefer to hold them.
To clarify the circulating supply, the community has implemented two major initiatives. First, in early 2023, the community and validators conducted an on-chain vote to freeze the wallets of inactive miners. These wallets, which constitute about 21% of the total supply, are now locked until February 2027.
Second, the community initiated the TON Believers Fund, which allows TON holders to lock their tokens for five years — two years locked and three years vesting. Users can either donate or deposit TON into a smart contract, with depositors earning rewards from the donated TON. This initiative was very successful, resulting in another 26% of the supply being locked up for five years.
Together, these initiatives have locked up about 47% of the total supply. The Open League also helps address this challenge by actively distributing TON Coin to community members and projects. This system encourages early holders to donate their TON Coin, thereby growing the ecosystem and distributing TON Coin to the most active and valuable participants.
The Open League decentralizes the supply over time, rewarding the most valuable projects and users. We expect this process to continue for the next two to three years, further decentralizing the supply.
Another way supply is being decentralized is through Telegram ads. Telegram’s advertising platform shares 50% of ad revenue with channel owners in TON Coin. Advertisers pay in TON Coin, and creators are rewarded in TON Coin. This system distributes TON Coin to channel owners and further decentralizes the supply over time.
While we have had to figure out the best ways to protect the ecosystem, initiatives like the Open League and Telegram ads are crucial. With 47% of the supply locked until 2027, we have established a strong foundation for decentralizing and growing the TON ecosystem.
What major milestones has Ton achieved this year？
I can share the key drivers behind Ton’s growth. The first significant milestone was the launch of the Open League in March. Since then, our metrics have shown tremendous improvement. March 4th marked the beginning of Open League Season 1, and it has been a period of rapid progress for us.
Another crucial milestone was integrating the wallet into Telegram settings. This brought us closer to a seamless integration with Telegram. Additionally, the announcement that Telegram is building its advertising platform on Tong Kong was a major development. This is a unique case where such a large-scale advertising platform is built on blockchain technology. Advertising is a dominant application of the internet, with major companies like Facebook, Google, and Amazon generating most of their revenue through ads. Now, with Telegram’s blockchain-based ads and a generous revenue-sharing program offering 50% to creators within Telegram, it’s a groundbreaking advancement.
The launch of USDT at Token 2049 was another significant event. It simplified borderless payments using USDT, the largest stablecoin, allowing free and instant transfers within Telegram. This is a use case with immense potential, and I’m eager to see its full impact.
Looking ahead, the launch of Telegram stickers on Ton is an exciting development. Similar to the profile picture boom of NFTs in 2021, NFT stickers on Ton and Telegram could revolutionize the ecosystem. These stickers have emotional value and practical utility, allowing users to showcase them in everyday messaging. We are already collaborating with major NFT projects to bring this to life.

#NFT.
#TONCOIN/USDT

$BTC

Telegram, one of the world’s most popular messaging apps with 800 million monthly users, has seen a meteoric rise among its ‘mini apps,’ with millions of users joining every day.
A Telegram ‘mini-app’ (TMA) is an online application built and run directly on messenger. According to the platform, it offers web3 getaway with TON SDK, an open-source protocol between wallets and apps TON Connect, and “tokens,” different monetization options such as advertising, subscription models, and in-app purchases, bot interaction, and community development to developers.
The buzz of last week – Notcoin (NOT) – might serve as an example of the popularity and the power of the Telegram community. The project, or rather the mini app, that was “the talk of the block” in the primarily Russian-speaking community for several months, was listed on several crypto exchanges last week and gained international popularity. Notcoin revealed that around five million tokens were claimed in the first 36 hours of trading. 
You might also like: What is Notcoin?
One of the mini apps that has been gaining traction very recently, mostly on Telegram itself and TikTok, is Hamster Kombat. 
Hamster Kombat describes itself as a “crypto exchange CEO simulator game,” in which players can increase their exchange income by buying “upgrade cards,” completing quests, and inviting friends. 
“Every hamster can experience what it’s like being a CEO ‘in real life’ instead of just giving advice to someone on X,” the game’s PR person said.
The cards, apparently, represent real-life tasks and challenges CEOs endure on a daily basis – from hiring and business development to compliance and licensing. 
The game with what may be considered a funny name has seen some serious numbers. 
According to the company’s PR manager, launched on March 26, the mini app already has 19 million daily active users and welcomed almost 2.9 million new users yesterday alone.

But what’s actually driving this growth? The game plot, the referral system, and rewards, the company believes. They note that the community is so active, they don’t even have to spend the marketing budget at this point – users create content and campaigns themselves. 
“We recently received a photo of a QR code printed and posted on a lamppost, beneath which was the referral link of one of our players. We’ve also noticed several Telegram communities purchasing paid advertisements to promote their channels. Within the game, there’s a leaderboard showcasing the most successful players at each level. Everyone wants to claim the top spot, and perhaps that’s the secret. The spirit of competition and rivalry drives engagement and enthusiasm,” the company shares.

$NOT

The White House released a statement on the Financial Innovation and Technology for the 21st Century (FIT21) Act ahead of the full House vote.
Despite initial strong opposition to the bill, it appears the administration is no longer threatening to veto FIT21 but has instead raised concerns in the bill about the lack of investor protection.
The White House expressed opposition in an announcement regarding the passage of the Financial Innovation and Technology for the 21st Century (FIT21) Act in the U.S. House of Representatives.

Bernstein Analysts Predict ETH Price to Rise 75% to $6,600 After Spot Ethereum ETF Approval
As the deadline for the SEC to decide on VanECK's spot Ethereum ETF application approaches, Bernstein analysts have evaluated the potential impact on ETH's price following the anticipated approval.
According to DL News, Bernstein analysts Gautam Chhugani and Mahika Sapra have predicted that ETH's price will rise 75% to $6,600 after the spot Ethereum ETF is approved. This prediction was shared in a recent report.
The analysts based their forecast on the similar behavior observed when spot Bitcoin ETFs were approved in January, stating:
"In the weeks following the SEC's approval of a similar Bitcoin product in January, Bitcoin's price increased by 75%. We expect a similar price movement for ETH."
If ETH sees a similar 75% increase, this would mean its price would rise to $6,600.
Recently, the cryptocurrency community has speculated that the increasing likelihood of spot ETH ETFs being approved will contribute to optimism for a new bullish phase for Ethereum after a few unstable months.
At the time of writing, Ethereum is trading at around $3,756, experiencing a slight decrease of 0.85% in the past 24 hours.
$ETH #SEC

GALA Price Rises Over 10% in the Past 24 Hours But Fails to Break Through $0.05 Resistance Leading to a Pullback
As the cryptocurrency market focuses on the increasing likelihood of a spot Ethereum ETF approval one token has unexpectedly surged catching traders' attention
GALA has seen a price increase of more than 10% in the past 24 hours as the token attempts to break through the $0.05 resistance level that has formed since mid-April However the breakout was unsuccessful and the price has begun to pull back
For a stronger price rally GALA needs to surpass this resistance level and successfully retest it Only then can we expect to see a price increase up to $0.06
Nevertheless several factors could lead to a price decline primarily the inability to break through the aforementioned resistance level This could be seen as a weakness among traders potentially leading to a sell-off
Security Breach and Contract Exploitation
Additionally a concerning development has emerged that could further erode investor confidence in the project
According to a post on X by @NexusWeb3 the GALA contract was hacked online with a value exceeding $200,000,000 The attacker reportedly transferred all the stolen funds to ETH
In response the Gala Games team has advised GALA holders to immediately switch to a new contract to minimize losses and prevent further theft
Gala Games issued a warning stating that to prevent losses from the recent hack all holders must migrate to the V2 contract before the GALA V1 contract is terminated at 12:00 AM UTC This urgent call to action underscores the severity of the situation
Declining Investor Confidence
Such a severe security breach has led investors to question the security measures in place and the team’s ability to safeguard assets
This could result in a major sell-off as holders lose confidence and seek to minimize losses or exit the project entirely
$GALA $ETH

Pepe Coin Price Analysis: The PEPE coin price rides a high momentum rally amid whale accumulation and breakout from a bullish channel pattern.

Pepe Coin Price Analysis: The Frog-themed meme cryptocurrency PEPE has seen a bullish streak since last Friday, the day when the Bitcoin network completed its fourth halving. The event has sparked fresh relief across the broader market, uplifting the PEPE price 66% within six days to currently trade at $0.000007. This rally coinciding with a bullish chart pattern and whale accumulation hints at a potential prolonged recovery trend in the near future. 

The last correction trend in the Pepe coin was easily traced through a falling channel pattern which tumbled the asset price from $0.0000108 to $0.00000393. However, with the recent Bitcoin halving, the PEPE price managed to find a bottom support at $0.00000463 resulting in an immediate reversal in the daily chart.

Moreover, the Spot On Chain has highlighted a notable on-chain event where a whale, linked to “rekdtophin.eth”, accumulated 211.6B PEPE tokens, valued at $1.72M. The whale’s purchases were made on Binance, Gate.io, and Uniswap, with an estimated initial expenditure of $1.54M. Presently, the whale’s PEPE holdings have resulted in an 11% unrealized profit of $173K.

This recent rally backed by whale buying gave a decisive breakout from the resistance trendline of the channel pattern. A successful breakout signals a change in market dynamics favoring buyers for a high rally.
The post-breakout recovery could asset PEPE price to hit overhead resistances of $0.0000092, followed by $0.0000108.
#PEPE❤️ $PEPE #HOTRENDS

Two sources familiar with the matter say that defunct cryptocurrency exchange FTX is looking to auction off the remainder of its Solana (SOL) token holdings.
Speaking to Bloomberg, sources revealed that a “blind auction” will be held this week with a deadline of April 24. The results are expected to be announced the following day.