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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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Bittensor extends recovery despite retail demand slump

Bittensor, a leading Artificial Intelligence token, is aging up above $190 at the time of writing on Wednesday. Steady price increases characterise the broader crypto market, with Bitcoin holding above $71,000 and Ethereum above $2,000.

XRP rises as ETF inflows persist, but low retail demand may limit recovery

Ripple is gaining upside momentum, trading above $1.40 at the time of writing on Wednesday. The remittance token is rising in tandem with major crypto assets, including Bitcoin, which has crossed above the pivotal $70,000 level, and Ethereum, which is holding above $2,000.

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Bitcoin price rises by 5%, near the upper boundary of the recent consolidation range. US-listed spot ETFs recorded an inflow of $225 million on Tuesday, marking the second consecutive day of positive flows this week.

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Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.