CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

crypto.news 2025-05-18 18:00:00

Top cryptocurrencies to watch this week: Trump Coin, XRP, Zetachain

Cryptocurrency prices retreated last week after Bitcoin failed to move above the resistance level at $106,000 and as traders took profits. Bitcoin ( BTC ) price was trading at $103,000 on Sunday, while the recent Ethereum ( ETH ) surge hit a barrier. Looking ahead, some of the top cryptocurrencies to watch this week will be Ripple ( XRP ), Trump Coin ( TRUMP ), and Zetachain ( ZETA ). XRP in focus ahead of CME futures launch XRP price will be spotlighted this week as CME Group launches the first cash-settled futures on Monday. Futures contracts let traders bet or hedge against the future price of an asset without holding it physically. The launch of XRP futures will be important as it will allow financial services companies to launch exchange-traded funds that track it. A good example is the ProShares Bitcoin ETF, which tracks the CME Bitcoin futures. The launch comes as the XRP price remains under pressure as it dropped from this month’s high of $2.65 to $2.4 today. You might also like: $265m crypto scam: New Zealand man caught in FBI-led probe Trump Coin in focus ahead of dinner The Official Trump Coin price will be in the spotlight as its top holders meet with the U.S. president for a highly controversial dinner on May 22. Analysis shows that some of the attendees to the dinner will be foreigners, including Tron founder Justin Sun. There is a risk that the Trump Coin price will drop before and after the dinner. As the chart below shows, it has already formed a double-top pattern, a popular bearish reversal sign. An FT analysis also established that some guests have sold their coins at a big profit. More selling could intensify as some who expected to make the cut sell. Also, some of the attendees may sell their coins after the dinner ends. XRP price chart | Source: crypto.news Zetachain price in focus ahead of a big unlock Zetachain, an emerging layer-1 network, will be in the spotlight this week as it continues its token unlocks. On Monday, the network will unlock tokens worth $11.34 million, or 5.31% of the float. These monthly unlocks will continue in the next few years since it has a circulating supply of 828 million against a total supply of 2.1 billion coins. The unlock comes at a time when the Zetachain network is not doing well. The ZETA token price has crashed by 18% from its highest point this month, while the total value locked in its network has dropped to $26 million in January to $18 million. Pendle, Melania Meme Coin, Pyth Network, and Solana are other top crypto projects with scheduled unlocks this week. Pyth Network’s unlock of $333 million tokens will be notable as it will represent a 58% of the float. Read more: New XRP ETF hits an inflow record as XRP price wavers

면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.