TL;DR
Shiba Inu’s burn rate soared significantly today, with over two million tokens removed from circulation.
However, SHIB’s price remains deep in the red, coinciding with an overall crypto market correction.

The Latest Spike
Shiba Inu’s burn rate increased substantially today (May 1), jumping 90% compared to the previous day. This resulted in over two million assets being removed from circulation.
According to Shibburn, almost 1.7 billion SHIB tokens were burned last month following 204 transactions. The team behind the meme coin revealed that most destroyed assets were transferred to the Contract Address.
“This isn’t due to any big news or anything as many reported… it’s just folks making mistakes, sending their tokens to the CA, and losing their investments as a

TL;DR
Dogecoin (DOGE) faces a 15% weekly price decline but shows potential for recovery with a rise in non-empty wallets, hinting at increased demand.
Shiba Inu (SHIB) and Bonk Inu (BONK) also exhibit signs of resurgence; SHIB, through network upgrades and token burns, and BONK with a significant price increase, positioning it among the top 5 meme coins.

Dogecoin (DOGE)
The meme coin sector has suffered heavy losses recently, with its market capitalization dipping well below the $50 billion mark. The largest asset of that type – Dogecoin (DOGE) – is among those deep in the red, with its price plunging by 5% on a 24-hour scale and 15% weekly.
DOGE Price, Source: CoinGeckoHowever, the trends can change in May, resulting in a fresh rally for the dog-themed token. One factor

TL;DR
Despite the recent market downturn and XRP’s price falling below $0.50, analysts like Dark Defender predict it could still reach highs of over $5 if key support levels are maintained.
The outcome of the ongoing legal battle between Ripple and the SEC remains a critical factor for the asset’s future prospects, with recent court activities adding to the case’s complexity.

XRP Goals Remain Unchanged
Ripple’s XRP is among the severely-affected cryptocurrencies during the latest market correction, with its price tumbling by almost 10% weekly and dipping below the $0.50 mark for the first time since mid-April.
The popular analyst – Dark Defender – analyzed the asset’s recent performance, arguing that the chances of a new all-time high have not vaporized. The

TL;DR
Dogecoin has experienced a 13.8% increase in non-empty wallets over three months, correlating with a temporary spike in its value.
Analysts predict a potential significant rise in DOGE’s price, with targets ranging up to $1, based on current trends and historical performance.

DOGE Investors on the Rise
Despite underperforming recently, some metrics related to Dogecoin have witnessed a solid resurgence. The crypto market intelligence platform Santiment revealed that non-empty DOGE wallets have risen by 13.8% in the last three months. 
A significant increase in that figure was recorded at the end of February, coinciding with the time when Dogecoin’s price started heading north. Recall that its value skyrocketed from $0.08 on February 26 to over $0.20 a month later.

TL;DR
The meme coin sector has experienced significant growth, with Dogecoin (DOGE) and Shiba Inu (SHIB) leading, while newer tokens like dogwifhat (WIF) and Pepe (PEPE) gain traction through strong community support.
Analysts remain optimistic about the realm’s potential, particularly post-Bitcoin halving, which has historically triggered market surges.

Which Meme Coin May Join the Prestigious Club?
The meme coin sector has been making great strides during the latest bull cycle, with its market capitalization briefly surpassing $60 billion. The progress is thanks to popular assets such as Dogecoin (DOGE) and Shiba Inu (SHIB), which remain quite trending among investors, as well as new sensations, including dogwifhat (WIF), Bonk Inu (BONK), Pepe (PEPE), and others.

TL;DR
Shiba Inu’s layer-2 scaling solution is set for a major update on May 2, aiming to enhance user experience and streamline transaction fees.
The amendment aims to improve the platform’s security, with more details to be shared closer to the launch date.

The Approaching ‘Transformative Upgrade’
The team behind Shiba Inu announced on X that the layer-2 scaling solution, Shibarium, will undergo an important update on May 2 through “an upcoming hard fork.” 
The advancement aims to enhance user experience, empower the community of developers and innovators, implement quicker block processing times, and respond directly to community feedback.
“We are also smoothing out transaction fee variations during high traffic times, making costs more predictable and fair for

TL;DR
Core (CORE) has significantly outperformed Bitcoin and many other major cryptocurrencies with a 350% price surge this year.
Other digital assets related to BTC’s ecosystem, such as Sovryn (SOV) and Ordiswap (ORDS), also reported notable gains, with increases of 210% and 100%, respectively.

CORE Leads the Pack
Bitcoin (BTC) has been making serious waves since the beginning of the year, with its price rising from approximately $42,000 on January 1 to almost $67,000 on April 24 (a 60% increase). However, some cryptocurrencies related to its ecosystem have witnessed even more substantial gains over the same period, and Core (CORE) is the perfect example.
It is a new blockchain that leverages the advantages of Bitcoin’s Proof-of-Work network and the delegated

TL;DR
Polkadot introduced the Join-Accumulate Machine (JAM) protocol that merges features of Polkadot and Ethereum, aiming to improve blockchain efficiency and scalability, with governance pending community approval.
Noteworthy developments for the protocol include an upgrade to the Acala Network and discussions about a potential $8.8 million sponsorship deal with Inter Miami CF.

Polkadot’s Progress as of Late
The blockchain protocol – Polkadot (DOT) – captured the attention of industry participants lately due to several developments that took place or might occur in the near future.
Perhaps the most important advancement is the release of the Join-Accumulate Machine (JAM) Gray Paper: a protocol that combines elements of Polkadot and Ethereum. 
“JAM provides a global

TL;DR
The number of XRP wallets holding at least 1 million tokens is nearing an all-time high, reflecting increased investor interest despite recent value fluctuations.
Ripple’s final trial phase with the SEC and the Bitcoin halving are anticipated to significantly influence the asset’s price movement.

XRP Investors on the Move
Over the past several months, the price of Ripple’s XRP has been far from its glory days, hovering in the $0.45-$0.70 range. However, many investors appear to have viewed the rates as a buying opportunity, increasing their exposure to the asset. 
The market intelligence platform Santiment revealed that the amount of wallets that hold at least 1 million XRP tokens has been on the rise in the last six weeks, recently reaching 2,013. The figure is

TL;DR
Shiba Inu raised $12 million from global investors, aiming to make Shibarium a central hub for meme-themed projects.
The price of SHIB has risen 17% over the past week, with analysts predicting further increases in the near term.

Shiba Inu’s Multi-Million Initiative
According to a document shared with CryptoPotato, the team behind the popular meme coin – Shiba Inu – raised $12 million from various non-US strategic partners, including Animoca Brands, Polygon Ventures, Mechanism Capital, Cypher Capital, Hercules Ventures, and more.
The group of investors hopped on the SHIB ecosystem by purchasing amounts of the TREAT cryptocurrency, a reward token built on Shiba Inu’s layer-2 scaling solution, Shibarium. 
The Shiba Inu will use the multi-million fund to build a new

TL;DR
Polkadot (DOT) has seen a recent 5% increase in price, with predictions from multiple analysts suggesting a potential rally that could elevate its value to $15 or even $20 by the end of next year.
Some prominent traders also view the asset as a good investment at the moment.

Is DOT Ready for a 100% Rally?
Polkadot’s native cryptocurrency – DOT – has recently entered green territory, with its price jumping by 5% on a weekly scale and briefly exceeding $7.50. Multiple analysts believe this could be the beginning of a major rally that could push the asset’s value to as high as $15.
One person to outline such a scenario is the X user World of Charts. He predicted that the aforementioned peak could be reached before the end of Q2, 2024, claiming that DOT has consolidated

TL;DR
The Bitcoin halving has slashed the miners’ block rewards in half, reducing the daily issuance of BTC and likely resulting in a price rally.
While it is speculative to predict which meme coin will perform best post-halving, Dogecoin and Shiba Inu have historically done well, with potential boosts from technological advances, celebrity endorsements, and community support.

The BTC Halving’s Impact
One of the most important events in the cryptocurrency industry – the Bitcoin halving – occurred the other day. It reduced the miners’ block reward from 6.25 BTC to 3.125 BTC, slashing in half the daily issuance of the primary digital asset. 
The mechanism is integral to Bitcoin’s supply system and has a direct impact on its inflation rate. The decreased amount of coins

TL;DR
Cat in a Dogs World (MEW), a meme coin on the Solana blockchain, has notably increased by 60% in a week, supported by new trading options on the OKX exchange and significant investments from large-scale investors.
The potential for MEW to become the top Solana-based meme coin is uncertain, influenced by market trends and innovations. Despite its growth, the token’s success remains speculative with a current market cap significantly lower than the leading asset of that type, WIF.

MEW’s Impressive Performance
The cryptocurrency sector has experienced severe turbulence recently, with its global market capitalization tumbling below the $2.5 trillion mark. Some of the possible reasons negatively affecting the industry could be the geopolitical tension between Israel and

TL;DR
Shibarium, Shiba Inu’s layer-2 scaling solution, released a new update to improve user experience and platform speed.
Since its launch, the network has achieved notable milestones, including over 400 million transactions and a recent surge in daily transactions, which may positively impact SHIB’s price.

Shibarium Keeps Progressing
The team behind Shiba Inu’s layer-2 scaling network – Shibarium – revealed the launch of a new user interface (UI) update, describing it as “faster, smoother, and more accessible than ever.” The developers also expanded compatibility with popular self-custody wallets such as MetaMask, Trust Wallet, Coinbase Wallet, and others.
“We reworked the platform from the ground-up to prioritize the user experience and speed,”

TL;DR
Ripple CEO Brad Garlinghouse emphasized the company’s commitment to global expansion despite regulatory challenges in the US.
The firm’s progress may be fueled by a positive outcome of the trial against the United States Securities and Exchange Commission.

Ripple’s Roadmap
Brad Garlinghouse – Chief Executive Officer of Ripple – recently unveiled the company’s strategy for the near future. He assured that expanding globally remains a top priority while the regulators in the United States remain predominantly hostile against the cryptocurrency industry:
“We are going to keep expanding even though the US market, partly from a regulatory point of view, has been slow to adopt. The non-US market has been really, really strong for us.”
Garlinghouse also emphasized Ripple’s

TL;DR
Cardano’s ADA has significantly declined, currently priced around $0.45, reflecting a broader market downturn.
However, analysts remain optimistic, with forecasts suggesting a rebound to $1 in the near term and possibly reaching higher milestones like $1.70 or even $10 under favorable conditions.

ADA Ready for a Bull Run?
Cardano’s ADA has underperformed in the past few weeks, coinciding with the broader crypto market retreat. Its price currently hovers around $0.45 (per CoinGecko’s data), representing a 22% decline on a weekly scale and 25% in a month.
ADA Price, Source: CoinGeckoThe chart analyst using the X handle Trend River, though, believes ADA may experience a substantial rally in the following months if it mirrors its performance from the past:
“If history

TL;DR
Despite a recent dip, VeChain (VET) has seen a nearly 60% increase in its value year-over-year, with speculation about reaching new highs soon.
Analyst predictions are varied, with some expecting short-term rises to $0.06, while others envision a whopping 2,500% rally to $1.
VET Price Gearing up for a Peak?
Despite plunging significantly in the past week, VeChain’s native cryptocurrency – VET – remains among the best performers on a yearly scale, with its price rising by almost 60% (per CoinGecko’s data).
VET Price, Source: CoinGeckoIt currently hovers the $0.04 mark, while some analysts believe a new all-time high above $0.25 could be on the horizon. One example is the popular X user Ali, who thinks VET mimics its price trajectory from June to December 2020.

TL;DR
The Shiba Inu burn rate exploded again, an effort aimed to reduce the asset’s circulating supply and make SHIB more valuable in time.
However, the price remains deep in red territory amid an overall market collapse. 

SHIB Burn Rate Takes Off
The team behind the popular meme coin – Shiba Inu – keeps removing a substantial amount of tokens from circulation. Data shows that the burn rate has skyrocketed by almost 500% in the past 24 hours and 193% on a weekly scale. This resulted in over 774 million SHIB assets being destroyed.
The program’s ultimate goal is to reduce the coin’s tremendous supply, making it scarcer and potentially more valuable in the future. 
As CryptoPotato reported, the burn rate exploded by 50,000% at one point in April, while the amount of tokens

TL;DR
Binance will introduce new perpetual contracts with high-leverage options, enhancing its futures trading platform.
Despite these additions, the involved cryptocurrencies face declines in a generally falling market.

What’s New?
The world’s largest cryptocurrency exchange will expand the list of trading options offered on Binance Futures to enhance users’ experience. It will launch the ARB/USDC and NEO/USDC perpetual contracts with up to 50x leverage, while FIL/USDC will allow up to 75x leverage. The three choices will be available to traders from April 18.
Binance warned that it may adjust the specifications of the upcoming options, including the funding fee, tick size, maximum leverage, and initial margin, “based on marker risk conditions.” 
The company will also

TL;DR
Ethereum (ETH) leads in a particular ranking following the approval of Ethereum ETFs in Hong Kong.
Despite this success, the asset’s price has recently declined by 5% in 24 hours and 15% weekly, with analysts indicating critical levels for potential recovery in its value.

ETH Ranks First
The market intelligence platform Santiment revealed that Ethereum (ETH) has garnered much attention lately, experiencing the fastest rise in discussion rate in the crypto community. Beam (BEAM) was placed second, while the biggest stablecoin by market capitalization, Tether (USDT), rounded up the top three.
Other popular cryptocurrencies included in the list are Cat in a Dogs World (MEW), Avalanche (AVAX), Toncoin (TON), and Ondo (ONDO).
According to Santiment, the main reason for

TL;DR
Polkadot (DOT) remains well in the red on a weekly scale following the latest market decline.
Nonetheless, some analysts are optimistic about the asset’s potential for significant gains in the near future, adding it to their portfolios.

DOT’s Next Possible Move
Polkadot’s native token—DOT—tumbled severely during the latest market correction. Its price is down 20% on a weekly scale, briefly plunging below $6. However, it started recovering in the past several hours and is currently trading at around $7 (a 7% increase in the last 24 hours).
DOT Price, Source: CoinGeckoOne popular cryptocurrency trader who touched upon DOT’s recent price turbulence is the X user FLASH. The analyst argued that the asset’s trajectory is “the ugliest ever,” but the trends might soon

TL;DR
Shiba Inu’s layer-2 solution, has seen a sharp increase in both active accounts and daily transactions, signaling network growth.
Developments in Shibarium may fuel a potential rally for SHIB, which is already recovering alongside other meme coins like MEW and DOGE.

Shibarium Keeps Progressing
Shiba Inu’s layer-2 blockchain solution – Shibarium – once again made the headlines, experiencing a significant revival. 
Latest data shows that active accounts on the network have surpassed 25,000, an 80% increase compared to the number observed the day before and a whopping 3,500% jump since the start of April. Daily transactions have also been on the rise, spiking above 400,000.
Officially launched in August last year, Shibarium aims to foster the development of Shiba Inu

TL;DR
Ripple’s XRP dropped by 20% following a market downturn, yet some analysts see this as a buying opportunity.
Several other optimistic predictions indicate a bullish outlook for the asset, with potential significant appreciation in its value expected soon.

‘XRP Dips For Buying, Not For Crying’
The cryptocurrency sector experienced a substantial correction on April 14, with its global market capitalization plunging to approximately $2.4 trillion. CryptoPotato reported that the adverse trend resulted in multi-million liquidations, mainly affecting long traders. 
Ripple’s XRP is among the notable losers in the past week, nosediving by 20% to around $0.48 (per CoinGecko’s data).

Source: CoinGeckoHowever, some analysts remain unfazed, viewing this as a buy-the-dip

TL;DR
The lawsuit between Ripple and the SEC, concluding with a grand trial on April 23, could significantly influence XRP’s price and market capitalization.
The asset’s value growth also depends on market dynamics and adoption by major financial institutions.

Waiting for the Judge’s Decision
The lengthy legal battle between Ripple and the US Securities and Exchange Commission (SEC) will move to a grand trial (scheduled for April 23), which is supposed to be the final chapter of the dispute. Industry participants believe the case’s outcome may significantly impact XRP’s price.
For example, a decisive win for Ripple (which already secured three partial court victories) could boost the valuation of the coin, while the opposite scenario might hamper the industry’s

TL;DR
Bitcoin’s market cap may reach $3 trillion post-halving, driven by several important factors.
Opinions on BTC’s future value vary, with optimistic projections as high as $100K, alongside broader industry growth expectations led by figures like Ripple’s CEO.

The Halving’s Possible Impact
Bitcoin’s market capitalization recently reached an all-time high of over $1.43 trillion, with the figure currently standing at around $1.32 trillion.
The asset’s price performance has been quite impressive in the past month, with many industry participants expecting further gains in the following months based on the upcoming halving. As such, we decided to ask ChatGPT whether BTC’s market cap could hit the $3 trillion milestone once the event takes place.
The popular chatbot said

TL;DR
Shiba Inu (SHIB) has recently dropped in value but is predicted to rebound strongly due to favorable technical signals and recent breakout patterns.
Positive signs for the meme coin include a decrease in exchange netflows, advances in its Shibarium layer-2 solution, and a significant increase in its burn rate.
Where is SHIB Headed?
The cryptocurrency market experienced a severe correction on April 12, with the prices of numerous digital assets dropping to multi-week lows. Shiba Inu (SHIB), for one, has nosedived by 6% on a weekly scale and 20% in a month.
However, there are plenty of analysts who believe the negative trend will soon be followed by a substantial upswing. 
The X user with almost half a million followers – Rekt Capital – recently noted that SHIB’s price

TL;DR
XRP has seen significant volatility recently, with predictions suggesting a potential surge to $4 by early 2025.
The anticipation of Ripple’s trial with the SEC on April 23 adds to the interest in XRP, with speculations that a favorable outcome for the firm could lead to a significant rally in the asset’s price.

Ripple’s XRP experienced enhanced volatility in the past few days, rising to $0.64 on April 9 before retracing to its current level of approximately $0.60 (per CoinGecko’s data).
The popular cryptocurrency analyst Mikybull Crypto suggested that the ongoing price condition could be the foundation for massive future gains to as high as $4. The X user believes the new ATH could be reached by the beginning of 2025.
Dark Defender outlined a bullish forecast, too,

TL;DR
Binance added 18 new cryptocurrencies, including meme coins and established altcoins, to its loan program and introduced new tokens to its VIP Loan section.
Binance Loans allows users to borrow funds using their crypto stash as collateral.

The leading cryptocurrency exchange, Binance, continues implementing amendments to its platform to respond to current market trends and enhance users’ experiences.
Most recently, it added 18 new loanable assets to Binance Loan. Some of the involved cryptocurrencies include the trending meme coins dogwifhat (WIF) and Pepe (PEPE), as well as popular altcoins such as Hedera (HBAR), IOTA (IOTA), Celestia (TIA), and more. 
It also announced the addition of Saga (SAGA) and Tensor (TNSR) to its VIP Loan section. Both tokens saw the light

TL;DR
Ripple’s XRP ranks seventh in discussion volume, likely due to the anticipation around its legal case with the SEC.
The outcome of the lawsuit may significantly influence the entire cryptocurrency market.

These Cryptocurrencies Lead the Pack
The crypto market intelligence platform – Santiment – outlined the top 10 cryptocurrencies that have received the most attention this week. 
Somewhat expectedly, the digital asset sitting at the top position is the largest by market capitalization – Bitcoin (BTC). The interest around it is usually high, but the levels have surged even more due to the halving scheduled to take place less than two weeks from now.
Santiment noted the impressive BTC price performance as of late, claiming that multiple traders are optimistic of “an

TL;DR
Brad Garlinghouse forecasts the crypto market value could double this year, buoyed by pivotal events like the US’s first spot BTC ETF and the Bitcoin halving.
XRP’s performance remains subdued amid Ripple’s ongoing legal fight with the SEC, with the outcome likely to significantly influence the asset’s price volatility and future market dynamics.

Garlinghouse’s Prediction
The cryptocurrency sector has been booming since the beginning of the year, with Bitcoin (BTC) reaching a new all-time high of over $73,500 last month. Currently, the primary digital asset trades at more than $72,000, while the global crypto market capitalization stands at $2.8 trillion (per CoinGecko’s data).
Many industry participants believe the bull run is just starting, envisioning new