Cryptocurrencies Price Prediction: Floki Inu, PEPE Coin & Dogecoin — Asian Wrap 20 April

FXStreet Team FXStreet

Floki Inu price declining by 15% might have its investors, or the lack thereof, to thank for

Floki Inu has kept its head down, charting no growth but simply moving sideways for the last month. While investors are hoping this is the build-up before FLOKI marks a recovery to yearly highs, the meme coin might not be able to do so primarily because these very investors are the reasons for the lack of a rally.

PEPE coin whales suspiciously amass 7% of all supply before 900% rally; threat or conviction?

PEPE, the newest addition to the crypto meme coin token list, is reinvigorating the meme coin discourse. The regurgitated discussions surrounding Dogecoin and Shiba Inu were diminishing the sector’s popularity, which is seeing a resurgence thanks to PEPE.

Dogecoin Price Forecast: Starship launch could see DOGE rocketing over 20%

Dogecoin price (DOGE) has been on an uptrend since around March 10, with bulls leading the market and taking DOGE above key hurdles. Many factors have played a role in the meme coin’s rally, including a recent move by Twitter CEO, Elon Musk, to switch the Twitter logo from the traditional bird to a Shiba Inu dog, the alt season, and the latest Bitcoin dominance.

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Avalanche struggles near $12 as Grayscale files updated form for ETF

Avalanche trades close to $12 by press time on Wednesday, extending the nearly 2% drop from the previous day. Grayscale filed an updated form to convert its Avalanche-focused Trust into an ETF with the US Securities and Exchange Commission.

Bitcoin slips below $87,000 as ETF outflows intensify, whale participation declines

Bitcoin price continues to trade around $86,770 on Wednesday, after failing to break above the $90,000 resistance. US-listed spot ETFs record an outflow of $188.64 million on Tuesday, marking the fourth consecutive day of withdrawals.

Michael Selig assumes role as new CFTC Chair, what does this mean for crypto?

Michael Selig has been sworn in to serve as the 16th Chairman of the Commodity Futures Trading Commission. Selig was confirmed by the US Senate to head the commission last week, following his October nomination by the US President Donald Trump.

Crypto.com hires sports trader for event prediction market-making

Crypto.com plans to recruit a quant trader for the sports market-making team to buy and sell financial contracts related to these events. Opponents argue that internal trading desks put operators or their affiliates on the opposite side of customer trades.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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