The crypto market is showing signs of recovery, with several projects attracting the attention of analysts and investors.
PEPE Jumps 15%
Pepe Coin (PEPE) is gaining traction again, jumping 15% in one day to trade close to $0.000009. Analysts point to a critical level at $0.00001, with a possible move up to $0.00001050. The strengthening of positions is further confirmed by a 32% increase in trading volume to $650 million, indicating rising demand.
Whale activity is also noteworthy, with a 31% increase in PEPE holdings, while exchange supplies have dropped to 26.6%. Furthermore, derivatives show vigorous activity with $348 million in futures. A strong rally could follow if PEPE passes the $0.00000958 level and remains above its 200-day EMA. However, if rejected, a pullback to $0.00000680 could occur.
ETF Plan for Cronos Sparks 10% Rise
A new ETF proposal may attract more attention to Cronos (CRO). On April 22, Trump Media, Crypto.com, and Yorkville America Digital unveiled plans for a Cronos ETF under the Truth.Fi brand. The fund will combine crypto assets like CRO and Bitcoin with U.S. equities. The ETF aims to launch later this year, subject to approval.
CRO jumped 10% after the news, indicating renewed interest. If approved, the ETF could attract primary institutional focus and enhance Cronos' reputation in traditional markets, although regulatory delays remain a risk due to a crowded field of pending ETF filings.
Dragoin Builds Demand through Gaming Platform
The meme coin season is gaining momentum. On-chain data indicates rising whale activity, busier chats, and strong user engagement in early-stage projects. Dragoin ($DDGN) stands out by having a live Mini Game and a growing community.
Built on Ethereum, Dragoin utilizes a Tap-to-Earn gameplay where users control dragons to earn $DDGN in real time. This approach differentiates Dragoin from the standard meme coin playbook. The presale comprises 25 structured stages starting at $0.0000444 in stage 4, with $109,865.84 already raised. Unsold coins will be permanently burned, increasing scarcity.
Early traction reflects the successful strategies of coins like SHIB and PEPE: true engagement before listings. Dragoin is operating in that critical phase where an early entry can matter most.
The push of Pepe Coin toward $0.00001 and interest in the Cronos ETF illustrate how quickly momentum is shifting in the crypto market. Conversely, Dragoin ($DDGN) presents a different approach by creating demand from the ground up, blending play-to-earn gaming, digital scarcity, and viral appeal.