Bitcoin Surpasses $68.5K, ETH Dips Below $3,800 — Why NOT Outperforms Shiba Inu and Pepe

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The cryptocurrency market painted a mixed picture today, with Bitcoin leading gains while most major altcoins edged lower. Despite a slight uptick in overall market capitalization, investor sentiment remains cautious as Ethereum and popular meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) posted losses. However, one standout performer has captured the spotlight: Notcoin (NOT). Defying the broader downtrend, NOT surged to new all-time highs, surpassing both Shiba Inu and Pepe in key on-chain metrics — including holder count and trading volume.

Global crypto market cap rose marginally by 0.06% over the past 24 hours, reaching $2.54 trillion. Meanwhile, total trading volume climbed 0.58% to $83.07 billion, indicating sustained liquidity despite price corrections across major assets.

Bitcoin Reclaims $68,500 Amid Volatile Trading

Bitcoin (BTC), the flagship cryptocurrency, rose 0.92% in the last 24 hours, trading at $68,591.21**. The price swung between a low of **$67,118.08 and a high of $69,500.54, reflecting ongoing volatility amid macroeconomic uncertainty and shifting institutional interest.

According to CoinMarketCap, Bitcoin’s market dominance increased by 0.41% to 53.07%, signaling a potential rotation back into BTC from riskier altcoins. This resurgence follows growing optimism around macro trends, including expectations of future rate cuts and increased adoption of digital assets through regulated financial products.

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While technical charts show short-term turbulence, long-term indicators suggest strong support around the $67,000 level. Analysts are now watching for a decisive break above $70,000, which could trigger renewed bullish momentum.

Ethereum Slips Below $3,800 Amid ETF Hype Fade

Ethereum (ETH) moved in the opposite direction, dropping 0.80% to $3,759.93**. The second-largest cryptocurrency saw intraday swings between **$3,702.26 and $3,823.64, but failed to sustain upward pressure.

Recent excitement surrounding potential ETH spot ETF approvals in the U.S. appears to have cooled. Although regulatory clarity is improving, investors may be taking profits after previous rallies, leading to a temporary consolidation phase.

With network upgrades like Dencun already implemented and staking yields remaining attractive, many analysts believe this dip could present a strategic entry point ahead of possible ETF developments later in 2025.

Solana and XRP Follow Broader Downtrend

Solana (SOL) declined 1.55% to $167.21**, with its price range spanning from **$163.68 to $172.42. Despite strong fundamentals and growing decentralized application (dApp) activity on its blockchain, SOL has struggled to gain momentum amid broader risk-off sentiment.

Similarly, Ripple’s XRP fell 1.04% to $0.5213**, hovering between **$0.5175 and $0.5273. Regulatory overhangs and slower-than-expected progress in global payment integrations continue to weigh on investor confidence.

Meme Coins Retreat: DOGE and SHIB Hit Hard

Meme coins took the brunt of today’s sell-off. Dogecoin (DOGE) plunged 2.59% to $0.1605**, while Shiba Inu (SHIB) tumbled **6.68%** to **$0.00002609 — one of the steepest drops among top memecoins.

Pepe (PEPE), Dogwifhat (WIF), and other social-driven tokens also declined between 1% and 9%, underscoring the speculative nature of this segment during market pullbacks.

Notcoin Soars: New All-Time High Amid Surging Adoption

In stark contrast to the broader market, Notcoin (NOT) achieved a remarkable rally, surging from a post-airdrop low of $0.0045** to an all-time high of **$0.012 — a gain of over 160% in just 24 hours.

Launched via a successful airdrop on May 23 and quickly listed on major exchanges like Binance, NOT has rapidly gained traction thanks to its integration with Telegram-based gaming ecosystems.

Key Drivers Behind NOT’s Surge

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The surge is largely attributed to the launch of passive income tasks within its Telegram-integrated game ecosystem, driving user engagement and token utility beyond mere speculation.

Why Is NOT Outperforming Legacy Meme Coins?

Unlike older meme coins that rely heavily on community hype and celebrity endorsements, Notcoin leverages gamified tokenomics and real-world use cases within messaging apps used by hundreds of millions.

Its integration into Telegram mini-apps allows users to earn tokens through simple interactions — creating a flywheel of engagement, retention, and organic growth.

Additionally:

These factors have helped NOT build genuine network effects — something many meme coins lack despite large followings.

Market Outlook: Caution Meets Opportunity

While Bitcoin shows resilience and NOT demonstrates the power of innovative token design, the broader market remains in a consolidation phase. Investors should remain cautious but open to high-potential opportunities emerging from decentralized gaming and social finance (SocialFi) sectors.

Core Keywords: Bitcoin price, Ethereum price, Notcoin, meme coins, crypto market cap, SOL price, SHIB vs NOT, cryptocurrency trading


Frequently Asked Questions (FAQ)

Q: Why is Bitcoin rising while other cryptos fall?
A: Bitcoin often acts as a safe haven during altcoin corrections. Its increasing institutional adoption and macro-driven narratives (like ETF inflows) help it outperform during uncertain periods.

Q: What caused Notcoin’s sudden price increase?
A: The surge was driven by rising holder numbers, increased trading volume on Binance, and new passive income features in its Telegram-based game ecosystem.

Q: How does NOT have more holders than SHIB?
A: Notcoin’s airdrop model encouraged mass participation through mobile gameplay, enabling rapid user acquisition across emerging markets where Telegram is widely used.

Q: Is Ethereum still a good investment after the dip?
A: Many analysts believe so. With ongoing scalability upgrades and potential ETF approval later in 2025, ETH remains a foundational asset in the smart contract ecosystem.

Q: Are meme coins like DOGE and SHIB dead?
A: Not necessarily. While they’re currently underperforming, meme coins can rebound quickly during bull runs fueled by social media trends or celebrity mentions.

Q: Where can I trade NOT safely?
A: Notcoin is listed on major exchanges like Binance and OKX, offering high liquidity and security for traders seeking exposure to emerging SocialFi projects.

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