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Bitcoin maxi, FiatHawk criticized XRP investors, following a suggestion that the altcoin could rally to $10,000. This comes amid the recent drop below the psychological $3 level as part of the broader crypto market decline. 

XRP Holders Are “Truly Retarded”

In an X post, FiatHawk remarked that XRP is the crypto for the truly retarded. This came as he shared a message about a potential investor mentioning how they could invest $300 in the altcoin now and watch it grow exponentially as XRP rallies to $10,000, as experts have predicted. The investors added that this would amount to $1 million on the initial $300 investment. 

Following FiatHawk’s post, a crypto community member noted that a price tag of $10,000 would put XRP’s market cap at $593 trillion. They added that this is 191x Apple’s current market cap of $3 trillion. Meanwhile, a community member, Billiam, said that the statement about XRP hitting $10,000 can’t be real. The Bitcoin maxi then replied, saying that the altcoin’s current market cap confirms that the “world is full of retards.” 

Another community member said that XRP investors are not retarded but simply “cheap.” They further stated that these investors lost the chance to buy Bitcoin but wished they were invested in the flagship crypto. FiatHawk responded that Sats are cheap but XRP is “incredibly expensive and overvalued.”

Amid FiatHawk’s criticism, it is worth noting that several XRP community members have predicted that the altcoin could rally to $10,000 at some point. Edward Farina, Head of Social Adoption at XRP Healthcare, once proposed a scenario where the altcoin could reach this target if it replaces the SWIFT network, thanks to Ripple’s payment operations. 

Crypto analyst ‘Random Crypto Pal’ had also predicted that the XRP price could rally to $10,000. He declared that the altcoin’s market cap would no longer have limits once the Ripple and SEC lawsuit concludes. 

XRP Suffers Price Drop

The XRP price dropped below the psychological $3 level on August 1 as the crypto market crashed on the back of new Trump tariffs, which would take effect from August 7. Although the altcoin has reclaimed this psychological level, it looks likely to suffer further declines, especially with the current market uncertainty. 

In an X post, crypto analyst Ali Martinez said that the XRP price could find support around the $2.55 to $2.40 range. This was the major resistance that the altcoin first broke above before it recorded its rally to a new all-time high (ATH) of around $3.6 last month. Meanwhile, crypto analyst Egrag Crypto suggested that the altcoin could at least drop to $2.65 before it continues its next leg up. 

At the time of writing, the XRP price is trading at around $3, up in the last 24 hours, according to data from CoinMarketCap.

Featured image from Getty Images, chart from Tradingview.com

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After hovering below the $110K mark over the past few weeks, Bitcoin hit a new all-time high yesterday. Bolstered by growing institutional adoption, $BTC is stronger than ever. And that means now’s the time to buy crypto before the next surge.

$BTC finally reached the $100K milestone late last year, before outdoing itself in May, when it reached $111,970. Making it to $112,017 is another first for the crypto OG.

Make no mistake, Lady Luck played no hand in Bitcoin’s surge. It’s down to an ever-growing list of financial institutions worldwide that are recognizing the value of $BTC, due in part to supportive government policies.

Top Guns Weigh In

Bitcoin champion Michael Saylor, Executive Chairman of Strategy, argues that Bitcoin has gotten through its riskiest period. In fact, he told Bloomberg in a June 10 interview that he believes that $BTC will be $1M.

“The President of the United States supports Bitcoin. The Cabinet supports Bitcoin. [Treasury Secretary] Scott Bessent supports Bitcoin. Paul Atkins has shown himself to be enthusiastic about bitcoin and digital assets. Brian Quintenz at CFTC feels that the banks will custody Bitcoin.”

Saylor explained that Bitcoin Treasury companies are buying $BTC’s natural supply. In addition, “BlackRock and the ETFs are buying another measure of that, and we’ve got nation-state actors coming into the space. The writing is on the wall. Bitcoin is moving higher.”

Bitcoin’s status as a heavyweight institutional asset is solidifying fast. And while Saylor’s Strategy continues to grab the spotlight, the corporate herd is growing.

Take GameStop, for instance. It made waves in May by greenlighting Bitcoin buys at the board level. Soon after, GameStop purchased 4.71K Bitcoin.

And for its part, the Trump Media and Technology Group is also eyeing a blended crypto ETF. Dubbed the “Crypto Blue Chip ETF,” it plans to offer exposure to five digital assets. Some 70% of the ETF’s holdings will be in $BTC, 15% in $ETH, 8% in $SOL, and 5% in $XRP.

The remaining 2% of the ETF’s holdings will be in $CRO – the native token of the ETF’s digital custodian, the exchange Crypto.com.

Bitcoin Wins, Crypto Scores

With fresh ETF inflows, increased corporate balance sheet exposure, the rise of crypto futures, and a more favorable regulatory environment, $BTC is experiencing a powerful surge in institutional interest. And the momentum shows no signs of slowing down anytime soon.

So, if you’re wondering which crypto to buy before the next big surge, you’re in the right place. Here are three altcoins with massive potential to explode when $BTC rallies again. If Michael Saylor’s predictions hold true, that surge could be just around the corner.

1. Bitcoin Hyper ($HYPER) – Scalability for Bitcoin Through an L2

In keeping with all things $BTC, Bitcoin Hyper ($HYPER) brings an exciting proposal to the crypto table. A Bitcoin Layer-2 (L2) platform.

The Bitcoin blockchain has a lot going for it, especially in terms of top-level security. It falls short, however, in terms of speed and high transaction fees, especially when compared to the likes of Solana. In short, Bitcoin lacks scalability.

That’s where $HYPER steps up to the plate. This upcoming meme coin is set to power an innovative Bitcoin L2 ecosystem that will increase the speed and reduce fees. More importantly, it adds cross-chain compatibility. That means seamless access to the best meme coins, DeFi, and dApps.

At the moment, Bitcoin Hyper is on presale. That means you can buy it for $0.0122. You can also stake your $HYPER for 360% APY. If you’re keen to discover more about this L2 and the meme coin behind it, take a look at our guide to buying $HYPER. It explains all you need to know.

Keep in mind, though, that as a presale, the price of $HYPER will increase in stages, offering you the chance to secure tokens at a lower cost now.

Additionally, the rewards APY is dynamic and will decrease over time, so the earlier you get in, the better the returns. Once $HYPER lists on DEXs after the presale, the price is expected to rise even further, so now is a prime opportunity to get involved before the price climbs.

2. Best Wallet Token ($BEST) – Driving Global Crypto Wallet Market Domination

It’s not only institutions that are taking Bitcoin and other digital assets much more seriously these days.

With the growing number of retail, as in individual, investors also entering the scene, it means a bigger demand for crypto wallets.

That’s what makes the Best Wallet Token ($BEST) one to watch with a very close eye. It’s the native token of Best Wallet, a non-custodial, no KYC, multi-chain, and multi-currency hot wallet that is gaining serious market traction.

So much so that Best Wallet is on a mission to dominate 40% of the global crypto wallet market by the end of next year. And it’s using $BEST to help it achieve that target.

Holding $BEST means additional benefits and features of what is already a leading crypto wallet. That includes being able to buy the best presale crypto directly from the mobile wallet (a market first, by the way); lower transaction fees; and higher staking rewards.

$BEST also comes with community governance. So you can have a say in the project’s direction – including the presale tokens available to buy, and other features.

$BEST is also on presale. Buy yours today for $0.025305 and stake it for 99% before the upcoming price increase. Our How To Buy $BEST guide explains how to do just that.

3. America Party ($AP) – On the Heels Of Musk’s New Party

The America Party Token ($AP) is another newcomer to the crypto scene. It was launched mere days after Elon Musk announced he intends to create a new political party. However, unlike $HYPER and $BEST, which are both on presale, $AP is already listed on DEXs.

To be clear, though, the $AP token is not affiliated with Musk or the America Party he is launching.

That said, $AP does stand to ride on Musk’s coattails. And to sweeten the deal, when Musk mentions a cryptocurrency, meme coins in particular, that token often explodes.

And recently, Musk was asked by a follower whether his America Party will embrace Bitcoin. His response was definitive: “Fiat is useless, so yes.” Another boost for crypto.

Right now, $AP costs $0.01830 – up 239.38% since it launched on July 7. Get yours today through UniSwap or MEXC.

“The Writing’s On The Wall”

As Saylor put it, “Bitcoin is moving higher.” And while the market can be unpredictable at best, $BTC’s latest rally to $112K is a definitive indicator that the institutional adoption of digital assets is positively impacting, and with signs of slowing.

That means newer cryptos like $HYPER, $BEST, and $AP also have the potential to pump if current conditions continue. And the best part of investing in new tokens is getting in at an early-bird price.

That said, nothing is guaranteed, and we’re not financial advisers. Be sure to always DYOR research before making any investment.

U.S. Vice President JD Vance doubled down on the Trump administration’s deregulatory stance toward the crypto sector in remarks at the Bitcoin 2025 Conference in Las Vegas on Wednesday.

During his speech, Vance reaffirmed the administration’s opposition to former United States Securities and Exchange Commission (SEC) Chair Gary Gensler’s regulation-by-enforcement approach to cryptocurrencies.

“We reject regulators,” Vance said. “We fired Gary Gensler, and we’re going to fire everybody like him.”

The former Senator from Ohio further claimed that the Trump administration is committed to cleaning up the “wreckage” from former U.S. President Joe Biden’s administration, which saw extensive guardrails placed on the blockchain sector.

“We prioritize eliminating the rules, the red tape, and the lawfare that we saw aimed at our crypto by our predecessors,” Vance said. “We’re ending the weaponization of federal regulations against this community. To put it simply, Operation Chokepoint 2.0 is dead, and it is not coming back under the Trump administration.”

“With President Trump, crypto finally has a champion and an ally in the White House,” he added.

Trump’s Crypto Ties Face Scrutiny

Vance’s comments come just days after Trump hosted an exclusive dinner for the top 220 investors of his namesake memecoin at Trump National Golf Club in Washington, D.C.

Critics of the event argue that the gala may have violated key presidential ethics provisions, citing concerns over potential foreign influences’ ability to purchase the cryptocurrency.

In a May 14 letter, three key Democratic members of the House of Representatives urged U.S. Treasury Secretary Scott Bessent to unseal suspicious activity reports (SARs) into “politically oriented” Trump-affiliated ventures.

“Because the identities of the coin purchasers need not be publicly disclosed, there is no way to tell who is buying the coin, potentially allowing bad actors, including authoritarian governments and companies they control, to enrich the Trump family,” the House members said of $TRUMP.

The U.S. lawmakers have asked the requested SARs to be returned by May 30, though it remains unclear how Bessent will proceed.

Bitcoin Rally Or Trap?

CryptoQuant community analyst Maartunn (@JA_Maartun) warned of a “leverage driven pump,” noting a $2.4B jump in Bitcoin’s OI within 24 hours. Via X, he wrote: “Leverage Driven Pump: $2.4B (7.2%) increase in Open Interest in Bitcoin over the past 24 hours.”

Confirming these observations, well-known crypto commentator Byzantine General (@ByzGeneral) highlighted the significant role of fresh long positions in propelling prices higher: “Lots of fresh longs coming in here on BTC which is shoving price higher. Kinda funny that the entire market is getting lifted right now off the back of these degen longs here.”

Analysts from alpha dojo (@alphadojo_net) echoed sentiments of caution, underscoring a notable gap between futures-based open interest and spot-driven purchases: “BTC continues to grind upwards, while the OI rises steadily, but there is little spot buying. BTC is now approaching the upper end of the range again. It seems that some market participants have tried to frontrun Saylor‘s planned $2 billion bid.”

Though the prospect of a large buy could propel the market, they warn that without fresh catalysts like a “short-term narrative or positive news, it currently looks like BTC will struggle to sustainably pump above the $100k mark.”

Renowned crypto analyst Bob Loukas provided a cyclical framework for interpreting Bitcoin’s price movements, noting that the market may be approaching the end of one multi-week cycle and the start of another: “We’re on verge of completing a Bitcoin Weekly Cycle, as I’ve been sharing last 6 weeks. For context, there have been just 5 weekly Cycles since the 2022 bear market lows. (Avg 6month events). 4 of these cycles had 90-105% moves. One failed to do much (June-Sept 23).”

When asked if this signals an imminent market top, Loukas clarified:“I’m saying we’re about to begin a new one. Cycles always begin from the lows.” His comments suggest that while a cycle transition is imminent, it does not necessarily equate to a market peak—rather, it could mark the start of a new uptrend.

Technical analyst Rekt Capital (@rektcapital) emphasized the significance of Bitcoin’s daily close above the $97,700 threshold, suggesting that a successful retest of this zone could pave the way for a move beyond $100,000: “The early-stage momentum generated by the Bullish Divergence has translated itself into this recent breakout move. And with the recent Daily Close above ~$97700, Bitcoin will now try to retest said level as support to enable trend continuation.”

He further elaborated on Bitcoin’s relative strength index (RSI) channel, implying that the break above a series of lower highs may signal the next leg up: “Over time, Bitcoin’s price continued to retest the blue trendline as support. And the RSI continued to hold its Channel Bottom. Lately, the RSI broke its series of Lower Highs, indicating that the RSI may be ready to uptrend to the Channel Top.”

Looking ahead, a clear retest of $97,700 as support could confirm Rekt Capital’s bullish outlook: “Daily Close above $97700 has been successful (light blue). Any dips into $97700 would constitute a retest attempt. A post-breakout retest of $97700 into new support would fully confirm the breakout to position BTC for a rally to $101k resistance.”

At press time, BTC traded at $98,645.