Cryptocurrencies Price Prediction: Dogecoin, Pengu & Ethereum — Asian Wrap 22 July
|Dog-based meme coins DOGE and SHIB signal more upside as Open Interest climbs
Dog-themed meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) are stabilizing around key levels after a double-digit rally in the previous week. Derivatives data for both meme coins suggest further gains as Open Interest (OI) is increasing, signaling growing investor confidence.
Top Crypto Gainers: PENGU leads the market gains amid San Diego Comic Con return, KAS and RAY follow
Pudgy Penguins (PENGU) edges higher by nearly 2% at press time on Tuesday, extending the 20% gains from Monday. The meme coin’s sudden rise, outpacing the broader cryptocurrency market in the last 24 hours, could be connected to its return to San Diego Comic-Con 2025.
Ethereum, XRP and Solana lead crypto market rally: Is altcoin season here?
The cryptocurrency market is showing early signs of an altcoin season, following a sustained uptrend in top altcoins, including Ethereum (ETH), XRP, and Solana (SOL), over the past week, while Bitcoin (BTC) remained range-bound. The overall crypto market maintained its bullish outlook over the past week, led by gains of over 20% across major altcoins, including Ethereum, Solana, and XRP, while Bitcoin saw a mild decline of 2%.
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