Following a punishing multi-month drawdown that has wiped out 63% of its value 
and tested investor conviction, XRP has orchestrated a decisive market 
reversal in April. The token&#8217;s rebound is being driven by a rare alignment of 
institutional privacy upgrades, massive retail integration in Asia, and a 
sudden resurgence in demand for exchange-traded funds. According […]
The post XRP flips green after a 63% wipeout as retail fear hits a 2-year 
extreme &#8211; now one Wall Street metric is spiking appeared first on CryptoSlate.

XRP flips green after a 63% wipeout as retail fear hits a 2-year extreme – now one Wall Street metric is spiking

Societe Generale-FORGE said MetaMask will add its MiCA-compliant USDCV 
stablecoin, extending distribution for one of Europe’s bank-backed digital 
dollars.

SocGen brings MiCA-compliant USDCV dollar stablecoin to MetaMask

During the last bull market, in what is popularly known as the Solana meme 
coin season, a number of new cryptocurrencies made their way to the forefront. 
These digital assets had gone from market caps in the tens of millions to 
cross the billion-dollar market cap, sometimes in only a matter of months. Due 
to their rapid growth rate, these meme coins have quickly garnered a wide 
holder base. However, as the bear market has rolled around, these billion- 
dollar meme coins have crashed by a large margin, completely eliminating the 
majority of their gains. POPCAT Meme Coin Goes From $2 Billion To Below $50 
Million POPCAT is one of the most recognizable names to come out of the Solana 
meme coin season, but its growth trajectory is even more interesting. When the 
meme coin’s price crossed $1 back in 2024, it actually became the first cat- 
themed meme coin to officially cross this major milestone. Related Reading: 
Bitcoin Flashes ‘Dangerous’ Macro Fractal – What To Expect For Price The total 
growth from less than $1 million to over $2 billion happened in less than one 
year, showing one of the most impressive meme coin rallies in history. Even 
more interesting is the fact that the meme coin did not stop there, eventually 
reaching $2 billion before reaching a top. However, since the initial decline, 
which began back in November 2024, the price has now crashed by more than 97%. 
It has gone from $2.05 per coin at the peak, with the meme coin’s market cap 
dropping below $50 million as it is currently trading at $0.05 at the time of 
writing. This categorizes it as one of the worst crashes that has plagued a 
previously top meme coin. Cats In A Dogs World (MEW) Drops Rapidly Unlike 
POPCAT, Cats in a Dogs World (MEW) had made its entrance to the meme coin 
market ‘fully formed.’ The meme coin had burst into the scene with its market 
cap already trading above $100 million, earning it allegations that it was a 
‘cabal coin.’ Related Reading: Bitcoin 23 Bar Theory: What Happens To The BTC 
Price If The Bottom Is In? Nevertheless, the meme coin had continued to move 
upward, eventually topping just above $1.2 billion. This was before the bear 
market hit, and the price began to fall again in November of 2024. Since then, 
the price has fallen by more than 95%, with its market cap now sitting at a 
mere $50 million. Peanut The Squirrel (PNUT) Meme Coin Disappoints Investors 
Peanut The Squirrel (PNUT) is a meme coin named after an Eastern gray squirrel 
which went viral after its dead in 2024. The death of the squirrel had led to 
public outcry after it was put down by the New York State Department of 
Environmental Conservation (DEC), and the meme coin was born not long after. 
Related Reading: Why XRP Price Is About To Stage The Breakout Of The Decade 
Following its launch, the meme coin quickly gained prominence, gaining support 
from the Binance crypto exchange and quickly getting listed. As a result, it 
was able to cross $1 billion market cap in less than one month, becoming the 
fastest on this list to reach the milestone. Just like its growth trajectory 
was fastest, the PNUT meme coin has suffered the most in terms of losses. 
According to data from the Coingecko website, the coin is down more than 98% 
since November 2024 and is now sitting at a $40 million market cap. Featured 
image from Dall.E, chart from TradingView.com

Meme Coin Unicorns That Are Now Basically Dust Again

X is transforming its interface into a financial dashboard with the launch of 
&#8220;smart cashtags&#8221; for iPhone users in the US and Canada. According to an 
announcement from X’s head of product, Nikita Bier, the feature allows users 
to select…

X integrates live trading and smart cashtags in “everything app” push

Bitcoin’s potential to challenge the dominance of traditional assets is 
growing as its utility expands from a digital version of gold to a functional 
tool for international trade, according to Bitwise chief investment officer 
Matt Hougan. According to a Tuesday…

Cryptocurrency price in NZD