Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Market Movers: SUI, STX & KAS on Track for Bigger Wins

Crypto enthusiasts are on high alert as three standout coins show potential for significant gains. These digital assets are gaining traction and are worth a closer look. Discover which cryptocurrencies are poised for impressive growth and what factors are fueling their rise. Stay tuned to learn more about these emerging market movers. SUI Price Surge: Past Rally and Bullish Trading Setup SUI experienced notable momentum over the past six months with a 71.48% rally and a solid 25.22% gain over the last month, bolstered by a striking 46.18% jump in the past week. The coin’s price action suggests an aggressive appetite among traders evident in its dynamic performance. The consistent upward movement highlights a significant change from lower ranges to its current active trading environment. The price currently sits between $1.74 and $3.03, with support at $1.21 and resistance first at $3.78 and then at $5.07. Bulls appear to control the market, as indicated by the rising momentum and relatively high RSI of 69.71. Traders may consider buying opportunities near support while cautiously watching for potential pullbacks near resistance levels. Stacks (STX) Market Insights and Key Levels Past performance in the last month shows a modest increase of around 9.71% following a significant decline of 54.51% over the past six months. The market has experienced notable price swings, including a weekly rise of 30.18%. While the journey has been marked by downside pressure, there have been short bursts of momentum suggesting potential for recovery. Currently, Stacks trades between $0.47 and $0.82, with resistance at $1.03 and a secondary level at $1.38; support sits near $0.33. Although the trend appears mixed, short-term bullish sentiment is present. Traders may consider positioning themselves carefully within these levels, using tight stop-losses to mitigate risks. Kaspa: Recent Gains Spur Cautious Bull Sentiment Kaspa displayed impressive short-term momentum, achieving weekly gains of 27% and a one-month increase of 22%. However, the coin faced a six-month decline of 15 percent. Price movements fluctuated between $0.0485 and $0.0875, reflecting active buying interest while showing signs of longer-term consolidation. This performance suggests that trading activity has kept the coin relevant despite the prevailing bearish trends over the past six months. Current price levels show resistance around $0.11 and support at $0.0325. Bulls are showing strength with a relative strength index near $68, yet the lack of a clear trend suggests traders remain cautious. It may be wise to consider strategic entries and exits within this price range, monitoring for any potential trend reversals. Conclusion SUI , STX , and KAS are gaining momentum in the market. Their recent performance shows promise for future growth. These coins are attracting more attention and investment. Staying informed on their progress could be beneficial. Their current trends indicate potential for even bigger gains. Each of these coins brings unique features to the table. Observing their next moves will be essential for investors. The continued development and adoption are key factors to watch. These coins seem positioned for further success. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. BitcoinSistemi

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Dogecoin millionaire count soars as Musk to step back from D.O.G.E

A March 31 Finbold report found that Elon Musk’s tenure with the Department of Government Efficiency (D.O.G.E.) coincided with a 40% decline in the number of Dogecoin ( DOGE ) millionaire addresses, with the billionaire’s historical influence on the meme coin hinting at causation rather than mere correlation. However, on April 8, a process was initiated that culminated in the businessman announcing the winding down of D.O.G.E. involvement, due to a tariff spat with Pete Navarro, President Donald Trump’s trade advisor. By April 25, Finbold Research had found that Musk’s anticipated exit led to the emergence of 183 new DOGE millionaires – a 14.33% increase compared to April 8, the starting date of mounting tensions between Elon Musk, the Trump administration, and their joint government efforts via D.O.G.E. Specifically, the number of addresses holding between $1 million and $9.99 million worth of Dogecoin increased from 1,082 to 1,223 since the initial reported dispute, while the number of those worth $10 million or more rose by 21.54% from 195 to 237. How Musk’s involvement with D.O.G.E. impacted DOGE The comparison with both March 31 and April 8 demonstrates that the total number of DOGE millionaires first dropped from 1,366 to 1,277 and then increased to 1,460, demonstrating that the direction hasn’t been entirely steady. Notably, the period also saw a dramatic change in Dogecoin’s cryptocurrency market performance. Between March 31 and April 8, DOGE’s price dropped from $0.167 to a low of $0.142, and the meme coin’s market capitalization plunged from approximately $24 billion to about $19.7 billion. Between April 8 and press time on April 25, however, Dogecoin’s price rallied 27.46% to $0.181, and the cryptocurrency’s market cap increased by some $7.1 billion as it climbed to just under $27 billion. Elon Musk’s historical impact on Dogecoin Elon Musk’s historical impact cannot be dismissed, as the billionaire has served as a relatively regular trigger for major price swings since he first described Dogecoin as his favorite such cryptocurrency. Similarly, the impact the South African-Canadian-American billionaire has had on assets closely associated with him is amply demonstrated by the issues Tesla (NASDAQ: TSLA ) has faced in the stock market and on the business side. In a report published on April 24, Finbold research revealed that the first quarter (Q1) of 2025 has been especially weak for the electric vehicle ( EV ) maker is witnessed a 37.2% year-over-year (YoY) drop in sales in Europe, with Musk’s controversial political engagements being a likely driver for the disappointing numbers. !function(e,n,i,s){var d="InfogramEmbeds";var o=e.getElementsByTagName(n)[0];if(window[d]&&window[d].initialized)window[d].process&&window[d].process();else if(!e.getElementById(i)){var r=e.createElement(n);r.async=1,r.id=i,r.src=s,o.parentNode.insertBefore(r,o)}}(document,"script","infogram-async","https://e.infogram.com/js/dist/embed-loader-min.js"); Indeed, internationally, the billionaire has courted controversy, for example, by endorsing divisive political parties. In the U.S., allegations of monitoring government employees for anti-Trump sentiment using artificial intelligence ( AI ) have been just some of the many actions that have cost him approval. Elon Musk’s 2025 impact on Dogecoin In the case of Dogecoin, the situation isn’t as clear. Not only has the price of the meme coin increased significantly more than the number of millionaire addresses, but other factors such as the latest across-the-board rally and cryptocurrencies’ increasing correlation with gold , one of 2025’s best-performing investments, are also in play. Nonetheless, it is difficult to miss that the alleged Musk-Trump dispute marked a low point for Dogecoin, and the road has been overwhelmingly positive since then. Featured image via Shutterstock The post Dogecoin millionaire count soars as Musk to step back from D.O.G.E appeared first on Finbold . BitcoinSistemi