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Memecoins have been under heavy selling pressure since December 2024, with many declaring the sector as good as dead. Prices collapsed across the board, liquidity dried up, and retail enthusiasm that once fueled massive rallies seemed to vanish. For months, memecoins have trended lower, underperforming most of the broader crypto market and leaving investors skeptical about their long-term survival.

Yet, despite the gloom, some analysts argue that dismissing memecoins entirely may be premature. As the market prepares for a new phase driven by shifting liquidity flows, institutional positioning, and macroeconomic catalysts, speculation could once again find fertile ground in this volatile sector. Top analyst Darkfost has gone as far as to suggest that the time to take a fresh look at memecoins may have arrived. According to him, data shows that the market is entering an area where memecoin dominance has historically regained strength, often sparking sharp rebounds.

While risks remain high—memecoins are still among the most speculative assets in crypto—the potential for explosive gains continues to attract attention.

Memecoin Dominance Signals Possible Rebound

Darkfost highlights the importance of monitoring the Memecoin Dominance in Altcoin Markets chart, which compares the market capitalization of key memecoins against that of established altcoins. This ratio offers valuable insight into whether memecoins are gaining or losing influence relative to the broader altcoin sector.

Since the massive rush that peaked at the end of 2024, memecoins have been in a prolonged decline, steadily losing both valuation and investor interest. The frenzy that once drove parabolic gains gave way to exhaustion, with most of the sector retracing sharply.

Investors in memecoins understand the unique challenge of this asset class. Unlike Bitcoin or Ethereum, memecoins often lack fundamental backing, making them highly speculative. As a result, timing entries and, more importantly, exiting positions quickly to secure profits are essential strategies. Hesitation can easily turn short-term gains into significant losses.

Despite this, Darkfost observes that the memecoin dominance chart is signaling a potential turning point. The ratio has entered an area where memecoins have historically regained strength, marking the beginning of sharp rebounds. Early signs of reaction suggest that market sentiment may be shifting, with speculative capital slowly re-entering the space.

If the trend persists, the conditions could align for a renewed memecoin mania. While it may not replicate the extreme fervor of late 2024, a resurgence in speculative appetite could drive significant rallies. For traders watching closely, the data implies that memecoins may once again become a hot narrative in the crypto cycle, though managing risk remains paramount.

Market Cap Growth Analysis

The chart of the Memecoin Market Cap (Daily) shows how the sector remains highly volatile, reflecting speculative behavior that defines this corner of the crypto market. After rebounding strongly from the July lows near $64B, the market surged to a local peak above $88B in early September. However, that momentum quickly faded, with the cap now retracing toward $75B, down nearly 5% in the latest session.

The 50-day moving average at $68.7B has acted as a strong dynamic support throughout this recovery, showing that buyers continue to step in when valuations approach this level. Meanwhile, the sector’s ability to push above $80B and briefly test the $88B resistance highlights that speculative capital is still present, even if profit-taking remains aggressive.

For now, memecoins are consolidating after a sharp upswing, and the market appears to be searching for balance. If capitalization holds above the $72–74B range, a renewed attempt to reclaim $80B could follow, reigniting bullish sentiment. On the other hand, a breakdown below the 50-day average would suggest fading momentum and open the door for a deeper retracement. Ultimately, memecoins remain sensitive to liquidity flows and broader risk sentiment, making timing critical.

Featured image from Dall-E, chart from TradingView

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Stablecoin issuer Circle appears set to deepen its role in decentralized finance by preparing a native launch of USD Coin (USDC) on Hyperliquid’s Layer 1 chain, HyperEVM.

On Sept. 12, blockchain researcher MLM Blockchain flagged test transactions involving USDC on HyperEVM’s mainnet, suggesting that a native deployment could roll out in the coming weeks.

Adding to speculation, the same wallet connected to Circle recently acquired about $5 million worth of Hyperliquid’s HYPE token.

The purchase reinforced the view that Circle is positioning itself more deeply in the Hyperliquid ecosystem. If the launch goes live, HyperEVM would join 24 other networks that already support USDC, including Ethereum, Solana, and the XRP Ledger.

Circle’s USDC is the second-largest stablecoin in the industry, with a market capitalization of more than $72 billion. Hyperliquid, on the other hand, is the dominant decentralized perpetual exchange, controlling more than 60% of the market.

USDC situation on Hyperliquid

The potential launch follows a public statement from Circle CEO Jeremy Allaire, who wrote that the company intends to be “a major player and contributor” within the Hyperliquid ecosystem.

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According to him:

“We are coming to the HYPE ecosystem in a big way. We intend to be a major player and contributor to the ecosystem. Happy to see others purchase new USD tickers and compete Hyper fast native USDC with deep and nearly instant cross chain interoperability will be well received.”

Yet Circle’s push comes as Hyperliquid prepares to introduce its native stablecoin, USDH. That project has drawn attention from major players such as Native Market, Paxos, OpenEden, and Agora, signaling a real challenge to Circle’s position.

Over the past year, Hyperliquid has relied heavily on Circle’s stablecoin to power its markets, with around $5.773 billion in USDC supply on the platform. That concentration means Hyperliquid accounts for roughly 8% of all USDC in circulation, making it one of Circle’s most dominant chains, according to DeFiLlama data.

So, should liquidity migrate to USDH, Circle could lose as much as $200 million in annual revenue, which might impact its business.

Mentioned in this article

08 September Bitfinex alpha | BTC will integrate ahead of potential Q4 strength as bond markets are distorted

Bitcoin is stable between $108,000 and $112,000, with buyers defending key support zones and filling the air gap left up until July’s Rapid Rally. Deeper corrections are still possible, but the result is time-based integration, especially when it serves as a cyclical lower point than the historically strong Q4. The profitability of short-term holders has been normalized, leaving profits from 42% to 58% of this cohort, but ETF inflows have been slowed sharply in both BTC and ETH. The demand for this cooling facility sees convictions of stronger spots in BTC compared to the combination of directional flow and arbitrage activity that characterizes ETH, but highlights the market’s dependence on fresh catalysts.

Seasonality adds weight to the current integrated narrative. August fell 6.5% and closed in line with a historically weak profile, but September was traditionally the softest month with an average return of 3.3%. That said, the “September Red” effect has recently faded, with the fourth quarter seasonality historically strong, with October and November earning a large average profit.

If the Fed sees interest rate cuts in September, actual yields and low dollars can amplify the seasonal benefits of BTC and set up a phase of updated momentum. Until then, integration remains a basic case due to ETF flows, macro policy shifts, and placement of derivatives that act as key signals to monitor.

The US economy is putting pressure on weaker labor data, bond market tensions, and political conspiracies around the Fed converge. The August Employment Report on Friday, September 5th revealed a payroll growth of just 22,000, bringing the unemployment rate to 4.3% in nearly four years. Softness will strengthen expectations for Fed rate reductions at its September 16th-17th meeting, but sticky inflation complicates the decision. The bond market reflects tension. Short-term yields have fallen to expectations of interest rate cuts, but remained close to 5% in 30 years, indicating investors’ concerns and financial reliability over the deficit. This cut has skyrocketed the curve, increasing long-term borrowing costs and burning flights to gold. President Trump rejects federal government governor Lisa Cook, exacerbating the challenge by threatening new EU tariffs, encouraging investors to weigh not only economic fundamentals but also increasing uncertainty about the Fed’s independence and the direction of US policy.

In the meantime, the global crypto landscape is changing as regulators and markets move towards a more clear framework. In the United States, the Securities and Exchange Commission and the Commodity Futures Trade Commission issued a rare joint pledge to more closely coordinate the monitoring of digital assets on Friday, September 5th, covering spot crypto products, permanent contracts, portfolio margins, and clearer rules of definitions.

The September 29th joint roundtable has moved this agenda forward, further strengthening it by the 2025 Responsible Financial Innovation Act. The bill also introduces measures to protect and clarify Defi developer status, decentralized physical infrastructure networks, airdrops, and staking rewards. He also directs research into tokenized real-world assets. Together, these moves show Congresses and regulators working together to strengthen the US competitiveness in the digital market. Institutional trust in Solana is also increasing. Last weekend, Sol Strategies announced it had secured approval for its uplist to Nasdaq under ticker Stke, a company milestone focused on Solana, which surpasses its CAD $1 billion mandated assets and owns a treasury of nearly 400,000 Sols. Meanwhile, the South Korean Financial Services Commission issued swept lending rules on September 5, 2025, emphasizing aggressive push to curb interest rates, ban radical loans, limit eligible tokens to maximum assets, protect investors and stabilize the domestic market.

]]> https://earlybirdsinvest.com/bitfinex-alpha-btc-will-integrate-ahead-of-potential-q4-strength-as-bond-markets-are-distorted/feed/ 0 57702 https://earlybirdsinvest.com/wlfi-the-next-cult-coin-analyst-outlines-potential-for-explosive-growth/ https://earlybirdsinvest.com/wlfi-the-next-cult-coin-analyst-outlines-potential-for-explosive-growth/#respond Tue, 02 Sep 2025 23:48:55 +0000 https://earlybirdsinvest.com/wlfi-the-next-cult-coin-analyst-outlines-potential-for-explosive-growth/

The recent debut of the World Liberty Financial token (WLFI) in the cryptocurrency market has generated considerable buzz, despite facing notable price retracements within just 24 hours of trading. 

Despite WLFI’s 25% price retrace in the 24-hour time frame, one market analyst believes that the cryptocurrency has the potential to emerge as this year’s “cult coin,” with significant price potential for the remainder of the bull cycle. 

Could WLFI Soar 330% In 2025?

In a detailed post on X (formerly Twitter), analyst Virtual Bacon drew comparisons to previously called cult coins, such as XRP in 2017 and Dogecoin (DOGE) in 2021, suggesting that WLFI could follow a similar price trajectory in 2025. 

Related Reading

The circulating supply of WLFI currently stands at 24.6 billion tokens, with approximately 6.9% actively tradable. A key point raised by Bacon is the transparent unlock schedule for various stakeholder tokens. 

While 20% of the supply is designated for public sale investors and 2.8% is allocated for liquidity and exchanges, the team and investor tokens remain locked. This contrasts with the circumstances surrounding other tokens which experienced a dramatic crash due to a high fully diluted valuation (FDV) and a limited float.

Bacon argues that WLFI’s model is healthier, featuring a fair distribution of liquidity across exchanges and gradual unlocks that mitigate the risks associated with sudden price drops. 

Notably, the analyst’s price target for WLFI is set at $1, which he believes would bring the token’s fully diluted valuation to $100 billion and its market cap to $24.6 billion. 

As of this writing, the cryptocurrency is trading at $0.23. That potential scenario could mean a 330% price increase. That could also propel the token toward 11th place among the top cryptocurrencies, positioning it alongside Chainlink (LINK) and Cardano (ADA).

Catalysts That Could Drive Token Growth And Market Surge

Virtual Bacon also addressed comparisons to the TRUMP memecoin launched earlier this year, acknowledging that while WLFI may eventually face an 80% drop like many altcoins, it is fundamentally different. 

Unlike TRUMP, which experienced a rapid ascent beyond $70 before entering a major downtrend, the analyst notes that WLFI boasts “real integrations,” ties to US Treasuries, and institutional backing.

Related Reading

Virtual Bacon identified key catalysts that could drive WLFI’s growth. These include the development of a retail app for and payment solutions, a lending and borrowing platform, and the anticipation of a social media post from President Donald Trump regarding WLFI, which could significantly boost its visibility and market activity.

The analyst also mentioned that interest in the recently launched cryptocurrency has outperformed that of major altcoins, such as Ethereum (ETH) and Solana (SOL), which he believes indicates a potential cult following that could drive liquidity.

Ultimately, Virtual Bacon argues that WLFI’s fair tokenomics, transparent supply structure, strong institutional support, and growing retail momentum position it favorably for the future and strong performance in the upcoming months. 

Featured image from DALL-E, chart from TradingView.com 

XRP whales purchased 340 million tokens during the past two weeks, concentrating their buying activity during each correction toward $2.90 and fueling a potential rally towards $4.

According to trader Ali Martinez, the accumulation pattern occurs as XRP confronts a critical technical juncture at $2.77. The token must maintain support to prevent a retracement toward $2.40.

Success in holding this level would position XRP to challenge the $2.90 resistance, potentially triggering an upward move toward $3.70.

The coordinated accumulation suggests confidence in XRP’s ability to break through overhead resistance from investors with deep pockets.

Rebound signs amid uncertain backdrop

Beyond the whale accumulation data, Martinez highlighted that the TD Sequential indicator shows back-to-back buy signals for XRP, suggesting a rebound setup is in play.

The technical formation adds weight to the whale buying pattern, providing both fundamental and technical support for a potential upward move.

The TD Sequential, a momentum oscillator used to identify potential reversal points, typically generates buy signals when an asset becomes oversold and positioned for a bounce.

However, the bullish signs happen amid conflicting market signals for altcoin performance.

An Aug. 25 Bitfinex report identified capital rotation from Bitcoin to Ethereum and broader altcoin markets. Institutional liquidity extended along the risk curve following Bitcoin’s consolidation near all-time highs.

While Bitcoin consolidated after reaching a price peak, Ethereum led an altcoin recovery, resulting in new all-time highs above $4,950, as ETF flows and corporate treasury demand provided support.

Altcoins stagnating

Although this momentum could flow from Ethereum to other altcoins, a Sept. 1 Bitfinex Alpha report presented a more bearish near-term outlook for altcoins.

The analysis noted that altcoin market capitalization is stagnating, with movement in individual tokens representing capital rotation rather than new inflows.

XRP, Cardano (ADA), and Dogecoin (DOGE) experienced double-digit weekly losses as risk-off behavior prevailed in the broader crypto markets.

The report warned that September could mark a cyclical low point for altcoins before structural drivers reassert themselves in the fourth quarter.

Despite the mixed backdrop, whale accumulation in XRP persists during periods of price weakness. Additionally, analysts anticipate the approval of multiple altcoin ETFs in the US in October, including those for XRP.

The report added that even if the near term turns out grim, current fundamental and technical indicators suggest a rally for XRP is likely in the coming weeks.

Mentioned in this article

• Doge Price has begun a new decline below the $0.2420 level.
• The price is below the $0.2320 level and a simple moving average of 100 hours.
• On the hourly chart of the Doge/USD pair (Kraken’s data source), there was a break under the key-rising channel with $0.2295 support.
• Prices could begin a new upward movement if they exceed the $0.2165 zone.

Dogecoin Price drops again

DogeCoin Price has been newly increased, surpassing the $0.240 resistance zone, including Bitcoin and Ethereum. Doge even spiked over $0.2420 before the bear appeared.

The high formed at $0.2430, and prices began to decline new. There was a move below the $0.240 and $0.2350 levels. The price fell below the 50% FIB retracement level of an upward movement from a swing low of $0.2163 to a swing low of $0.2430.

Plus, the Doge/USD pair hourly wage chart had a break under the main rising channels at $0.2295 support. DogeCoin Price is currently below the $0.2320 level and a simple moving average of 100 hours.

The Bulls currently protect the upward movement from $0.2163 Swing Low to $0.2430 with a 76.4% FIB retracement level. If there is a recovery wave, the immediate resistance of the benefit is close to the $0.2295 level. The Bulls’ first major resistance could be close to the $0.2320 level.

The next major resistance is close to the $0.2420 level. If the resistance exceeds $0.2420, the price may be sent towards a $0.250 resistance. Any further profit could potentially send the price to the $0.2650 level. The Bulls’ next major stop may be $0.2780.

Doge’s more loss?

If the Doge price does not rise above the $0.2320 level, it could continue to fall. The initial support for the downside is close to the $0.2220 level. The next major support is close to the $0.2165 level.

The main support is $0.2150. If there is a negative side break below the $0.2150 support, the price could drop even further. If stated, the price could drop to a level of $0.2050 or, in the short term, $0.2020.

Technical indicators

HOURLY MACD – Doge/USD’s MACD is gaining momentum in the bear zone.

Hourly RSI (Relative Strength Index) – DOGE/USD’s RSI is below 50 level.

Key support levels – $0.2165 and $0.2150.

Major resistance levels – $0.2320 and $0.2420.

Google has confirmed that a recently disclosed data breach of one of its Salesforce CRM instances involved the information of potential Google Ads customers.

“We’re writing to let you know about an event that affected a limited set of data in one of Google’s corporate Salesforce instances used to communicate with prospective Ads customers,” reads a data breach notification shared with BleepingComputer.

“Our records indicate basic business contact information and related notes were impacted by this event.”

Google says the exposed information includes business names, phone numbers, and “related notes” for a Google sales agent to contact them again.

The company says that payment information was not exposed and that there is no impact on Ads data in Google Ads Account, Merchant Center, Google Analytics, and other Ads products.

The breach was conducted by threat actors known as ShinyHunters, who have been behind an ongoing wave of data theft attacks targeting Salesforce customers.

While Google has not shared how many individuals were impacted, ShinyHunters says the stolen information contains approximately 2.55 million data records. It is unclear if there are duplicates within these records.

ShinyHunters further told BleepingComputer that they are also working with threat actors associated with “Scattered Spider, who are responsible for first gaining initial access to targeted systems.

“Like we have said repeatedly already, ShinyHunters and Scattered Spider are one and the same,” ShinyHunters told BleepingComputer.

“They provide us with initial access and we conduct the dump and exfiltration of the Salesforce CRM instances. Just like we did with Snowflake.”

The threat actors are now referring to themselves as “Sp1d3rHunters,” to illustrate the overlapping group of people who are involved in these attacks.

As part of these attacks, the threat actors conduct social engineering attacks against employees to gain access to credentials or trick them into linking a malicious version of Salesforce’s Data Loader OAuth app to the target’s Salesforce environment.

The threat actors then download the entire Salesforce database and extort the companies via email, threatening to release the stolen data if a ransom is not paid.

These Salesforce attacks were first reported by the Google Threat Intelligence Group (GTIG) in June, with the company suffering the same fate a month later.

Databreaches.net reported that the threat actors have already sent an extortion demand to Google. After publishing the story, ShinyHunters told BleepingComputer that they demanded 20 Bitcoins, or approximately $2.3 million, from Google to not leak the data.

“I don’t care about ransoming Google anyway, I just sent them a bogus email for the lulz of it,” said the threat actor.

ShinyHunters says they have since switched to a new custom tool that makes it easier and quicker to steal data from compromised Salesforce instances.

In an update, Google recently acknowledged the new tooling, stating that they have seen Python scripts used in the attacks instead of the Salesforce Data Loader.

Update 8/9/25: Added further information about the extortion demand.

A prominent fraud prevention service says international crime groups are spreading malware designed to steal victims’ banking information.

The London-based Credit Industry Fraud Avoidance System (CIFAS) says it is witnessing a surge in Android malware attacks targeting banking apps.

CIFAS says that while the malware targets Android users, other mobile platforms are not immune to attacks, noting that the malicious software may have hit 200,000 victims in just six months.

“These malicious apps often look like legitimate tools – such as file managers, PDF readers, phone cleaners, or even browsers like Google Chrome. Once installed, they can appear harmless but later activate harmful features through hidden updates.

Key techniques criminals use include:

Overlaying fake login screens on top of real banking apps to steal login credentials.

Displaying deceptive ‘busy’ or ‘waiting’ screens to mask fraudulent activity.

Preventing users from exiting the app or restarting their device.

Requesting excessive permissions, especially ‘accessibility’ access.”

According to CIFAS, users should be on the lookout for signs that their phones are infected with malware, including prompts to reauthenticate during a banking session, “busy” messages from banking apps, unexpected notifications to update or install Google Chrome and prompts to grant unusual permissions, particularly accessibility access.

Says CIFAS CEO Mike Haley,

“The surge in Android malware is not just a tech issue – it’s a growing threat to consumers and to banking services we all rely on. Criminals are evolving their tactics faster than ever, using deception and stealth to bypass traditional security measures.

The best defence is awareness. If something feels off – an unexpected update, a strange app request – stop before you tap and always seek a second opinion. Education and vigilance are our frontline tools in the fight against fraud.”

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The founder and CEO of digital asset investment firm BKCM, Brian Kelly, believes Bitcoin (BTC) could skyrocket by triple-digit percentage points if a core use case is heavily adopted.

In an interview on the RiskReversal Media YouTube channel, Kelly says Bitcoin could explode by around 600% from the current level if the crypto king reaches the current market cap of gold.

“Let’s just say all you do is use it [Bitcoin] as a substitute for gold. That’s one use case among many others… …and it takes over gold.

I think the market cap of gold right now is somewhere around $15 trillion… …and Bitcoin is at what? $2.5 trillion. Something like that. $2.5 trillion to $15 [trillion]. That’s a 7x, right? So, that’s not bad.”

Bitcoin is trading at $115,580 at time of writing, down by around 6% from the all-time high reached in mid-July.

According to the digital asset investor, Bitcoin is the “most important innovation in the last 600 years of financial history.”

“It is the equivalent of the Medicis [Italian banking family]… …the Medicis started using double-entry accounting. That’s what they pioneered. And they developed basically our modern financial system, [which] is double entry accounting with a bunch of big institutions on either side. Bitcoin comes along and just automates that all.

So when I look at any other asset, any other industry out there that got disrupted by software, which is all that Bitcoin is… If I look at what happened to the post office when email came around, what happened to media when YouTube came around, what happened to radio programs when podcasts came around, they all got completely disrupted.

And that’s what you’re speculating on – that Bitcoin is going to disrupt the financial inner workings as we know it. And the technology behind Bitcoin, and the currency behind Bitcoin, will be used as this new, improved financial plumbing.”

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Amin Ayan

Crypto Journalist

Amin Ayan

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Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has…

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July 26, 2025

Dragonfly Capital may soon find itself in the crosshairs of U.S. prosecutors over its 2020 investment in Tornado Cash developer PepperSec, Inc., the firm behind the now-sanctioned crypto privacy protocol.

The venture capital firm signaled Friday that it would push back hard if formal charges are filed.

In a statement on social media, Dragonfly managing partner Haseeb Qureshi defended the investment, stressing that it was made in good faith after receiving legal assurances of compliance.

“We made this investment because we believe in the importance of open-source privacy-preserving technology,” Qureshi wrote. He added that legal counsel at the time found no regulatory red flags.

US Crackdown on Tornado Cash Sparks Crypto Privacy Debate

The controversy stems from the US government’s crackdown on Tornado Cash, a tool that enables users to obscure the origin and destination of crypto transactions.

Though the protocol was pitched as a decentralized privacy enhancer, it became a favorite among hackers and sanctioned entities seeking to hide digital footprints.

In 2023, the Department of Justice charged developers Roman Storm and Roman Semenov with money laundering and violating U.S. sanctions.

Storm’s trial is currently underway in New York and could result in a decades-long prison sentence. On Friday, prosecutors suggested Dragonfly itself could be next.

Qureshi dismissed the notion as an intimidation tactic. “We believe the government’s statement in court today was primarily to undermine a defense of Tornado Cash,” he said. “Bringing charges now would be outrageous.”

Tornado Cash has remained a legal and ethical flashpoint in the debate over privacy and regulation in crypto.

Its sanctioning by the U.S. Treasury’s OFAC in 2022 was a landmark moment, with authorities alleging it facilitated billions in illicit transactions, including funds tied to North Korean hackers.

Despite the sanctions, Tornado Cash has shown surprising resilience. Flipside Crypto reported $1.9 billion in deposits through the platform in the first half of 2024, indicating continued demand for anonymity tools in blockchain transactions.

No Final Ruling Needed After Tornado Cash Removed from Sanctions List

In March, the US Treasury Department argued that no further court ruling is necessary in the legal battle over its sanctioning of crypto mixer Tornado Cash, citing its recent removal of the platform and associated addresses from the sanctions list.

As reported, a developer has ported Tornado Cash to the MegaETH blockchain’s public testnet, enabling private transactions on the high-performance network.

MegaETH, which recently launched, boasts a throughput capacity of up to 20,000 transactions per second.

The developer, known pseudonymously as Gunboats, said the idea was sparked by the U.S. Treasury’s recent removal of Tornado Cash addresses from the OFAC sanctions list, following a court ruling earlier this year.