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Myriad Moves: Will Dogecoin Pump or Dump? And How Big Will SharpLink’s Ethereum Treasury Get?

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In brief

  • Top markets on Myriad this week focus on Dogecoin’s next move, SharpLink’s Ethereum holdings, and the U.S. Open.
  • Predictors think SharpLink Gaming will achieve its goal of accumulating 1 million ETH by September 16.
  • They also lean bullish on DOGE, expecting a pump to $0.30 before a dump to $0.15.

Have a strong opinion on who’s taking home the U.S. Open men’s singles title, where Dogecoin’s price is headed, or SharpLink Gaming’s path to holding 1 million Ethereum (ETH)?

You can make your call on those hot topics and many more via Myriad Markets’ prediction markets on Ethereum layer-2 networks Abstract and Linea.

Prediction markets have quickly become one of crypto’s most popular consumer apps, giving users a chance to put their money where their mouth is on everything from sports and pop culture to token prices and corporate moves. 

Here’s a look at the hottest Myriad markets this week.

(Disclaimer: Myriad Markets is a product of Decrypt’s parent company, DASTAN.)

Will SharpLink (SBET) hold 1M ETH by September 16?

Market Open: August 6
Market Close: September 14
Volume: $8.96K
Link: See the latest odds on the “Will SharpLink (SBET) Hold 1M ETH by September 16?” market on Myriad

Minneapolis-based SharpLink Gaming adopted an Ethereum treasury strategy in April and has already amassed more than $3.6 billion worth of the second-largest crypto asset by market cap.

But the firm doesn’t want to stop there, aiming to acquire 1 million ETH as its first major milestone. Thus far, it sits nearly 80% of the way there, having acquired just shy of 800,000 ETH as of its latest announcement on Tuesday.

Predictors on Myriad though are asked whether or not the firm will complete its goal in the coming weeks and stash away 1 million ETH by September 16. 

As of Thursday morning, predictors give the firm around a 56% chance of accomplishing the feat, a drop of around 14% in the last week despite SharpLink’s recent addition of more than 55,000 ETH. 

In its Tuesday announcement, the firm also indicated it has around $200,000,000 in cash on hand ready for ETH purchases and had raised an additional $360 million via its at-the-money (ATM) offering to do the same. 

With that much purchasing power, it could add around 122,000 ETH based on today’s Ethereum prices. Unfortunately though, even a major purchase of 122,000 ETH would leave SharpLink about 80,000 ETH shy of its target. 

Plus, the firm has only ever purchased more than 100,000 ETH on two separate occasions according to data from StrategicETHReserve.xyz. 

But it may not need a major splash purchase in order to accomplish the task by September 16. 

SharpLink only needs to average around 67,000 ETH for each of the next three weeks to get the job done—an amount it exceeded with six of its last seven Ethereum acquisitions.

What’s Next? The firm typically announces its purchases on Tuesdays. There are three Tuesdays left before the market resolution. 

Will Sinner win the U.S. Open men’s singles title?

Market Open: August 14
Market Close: September 7
Volume: $30.6K
Link: See the latest odds on the “Will Sinner Win the U.S. Open Men’s Singles Title?” market on Myriad

Tennis is back in the Big Apple, wrapping the tennis calendar’s Major Championship season with a final two-week event in New York City—the U.S. Open. 

Reigning champion and recent Wimbledon victor Jannik Sinner is the favorite, and Myriad predictors are tasked with identifying whether or not he’ll raise the trophy once more. 

As play enters the second round, predictors are split, giving Sinner a 51.4% chance of walking out of New York with his second straight U.S. Open crown. But rival Carlos Alcaraz is still in the draw, and so is 24-time major champ, Novak Djokovic. 

Nevertheless, the odds are in line with those from traditional sportsbooks like DraftKings and FanDuel, which offer Sinner at -105 in American odds or around a 51.22% implied probability. 

Odds for the Italian have jumped around 4% in the last seven days on Myriad as his draw has eased up, losing top British talent and #5 seed Jack Draper to injury withdrawal.

On the other side, Alcaraz—the second-most likely to win the tournament—will face a much tougher road to the final, potentially needing to get through Americans Ben Shelton or Taylor Fritz, and maybe even Djokovic, who all grace his side of the bracket. 

What’s Next? Sinner will play his second round match at 12:30p.m. ET on Thursday. 

Dogecoin’s next move: Pump to $0.30 or dump to $0.15

Market Open: August 25
Market Close: Open Until Resolved
Volume: $924
Link: See the latest odds on the “Dogecoin’s Next Move: Pump to $0.30 or Dump to $0.15” market on Myriad

Bitcoin and Ethereum have both made new all-time highs this year—both this month, even—but Dogecoin still sits more than 69% off its top mark of $0.73 from 2021. 

Yet, whales are still stacking the meme coin anyway, and its market cap is still high enough to fall inside the top 10 of all crypto assets according to data from CoinGecko. 

A new prediction market on Myriad asks predictors to guess the token’s next move—a pump to $0.30 or dump to $0.15. With the token price stuck right in the middle, trading hands at $0.22 as of Thursday morning, predictors are also split down the middle. 

Odds for a pump to $0.30 edge out a dump, priced at 54% at the time of writing as Dogecoin has climbed around 2% in the last 24 hours. 

The token has jumped over 100% on the year, but will need another 33% boost to reach $0.30 from here—a mark it hasn’t held since February. 

What type of catalyst might help propel it further? It won’t immediately come from an ETF. The Securities and Exchange Commission (SEC) recently announced it was delaying its decision on a spot Dogecoin ETF applied for by Grayscale. 

But “believers” are still accumulating the asset, with an analyst recently telling Decrypt that “long-run investors [are] positioning for potential upside.”

Will those believers be rewarded with $0.30 DOGE soon? Dogecoin is the only non-stablecoin asset in the top 10 cryptocurrencies that hasn’t hit an all-time high in the last year, so maybe it’s due for a serious surge. Maybe not.

What’s Next? Though delayed, decisions on spot ETFs for Dogecoin and other alternative cryptocurrencies could come by October according to Bloomberg ETF analyst, Eric Balchunas.

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Why Bitcoin Pivots No Longer Guarantee a Stock Pump
Crypto Trends

Why Bitcoin Pivots No Longer Guarantee a Stock Pump

by admin



The number of Bitcoin (BTC) treasury firms keeps on climbing, but announcing a BTC strategy is no longer a guaranteed way to pump a company’s share price.

The model was pioneered by Strategy (formerly MicroStrategy), now the world’s largest publicly traded corporate holder with 632,457 BTC at the time of writing. Since its first purchase in August 2020, Strategy’s stock has risen more than 2,200%.

As of Friday, Aug. 29, 2025, 161 publicly traded companies each hold more than 1 BTC, according to BitcoinTreasuries.net. Together, they hold 989,926 BTC — about 4.7% of Bitcoin’s supply.

A wave of newcomers joined the Bitcoin treasury club in 2025, but the market reaction has cooled. Some firms have diversified into Ether (ETH) instead, while others have seen their shares trade back down to, or even below, pre-announcement levels.

Here’s a look at some of those companies whose stock performance has failed to keep pace with their Bitcoin ambitions.

Public companies are the top Bitcoin holders among entities, as of Aug. 29.

GameStop: Holds 4,710 BTC

GameStop’s fate has long been intertwined with Bitcoin and crypto. In 2021, retail traders on the r/WallStreetBets subreddit triggered a short squeeze on GameStop’s stock, pushing meme finance into the mainstream.

Around the same time, memecoin Dogecoin (DOGE) surged on a wave of cultural hype, online communities and tweets from Elon Musk.

GameStop’s Bitcoin rally pales in comparison to its 2021 short squeeze.

On March 26, 2025, GameStop announced its plan to invest in Bitcoin. Unlike the meme-driven pumps of 2021, Bitcoin failed to recreate the same frenzy. GameStop’s stock initially jumped 12% on the announcement and later peaked at $35 per share on May 28 after the company revealed it had acquired 4,710 BTC.

Related: MicroStrategy’s Bitcoin debt loop: Stroke of genius or risky gamble?

But investors quickly sold the news in both events. On Thursday, its shares closed at $22.79, down more than 27% year-to-date.

Bitcoin-related GameStop news drove spikes, but sell-offs followed.

Empery Digital: Holds 4,019 BTC

Not every corporate Bitcoin buyer comes with the backstory of GameStop; many are unrelated to cryptocurrencies or blockchain. MicroStrategy was a business intelligence software firm before it pioneered Bitcoin treasuries. Japan’s Metaplanet started as a budget hotel operator before it began following the Strategy playbook in 2024. Its share price has since surged as much as 6,000%.

Volcon, an electric vehicle maker, announced a $500-million Bitcoin treasury strategy on July 17. Two weeks later, it rebranded as Empery Digital and adopted the ticker EMPD on Nasdaq.

EMPD is down 80% in 2025, and its Bitcoin treasury rally has cooled.

Before the pivot, Empery shares mostly traded between $6 and $7, well below their January high of $35. The Bitcoin announcement briefly lifted the stock to $21 on July 17, but the rally didn’t last. On Thursday, EMPD closed at $6.99, back in its usual range.

Sequans Communications: Holds 3,170 BTC

Sequans Communications, a French semiconductor firm that listed on the NYSE in 2011 under the ticker SQNS, has a trading history that resembles a lackluster crypto token: hot listing spikes followed by long stretches of investor disappointment.

At the start of July 2025, SQNS was drifting at $1.45 after a year of steady decline. Its first Bitcoin purchase on July 10 briefly ignited a rally, sending shares as high as $5.39 in the following days. But the momentum quickly faded, and by early August, the stock had slid back to $1.25.

The announcement of the Bitcoin treasury plan pumped SQNS shares, but the stock resumed its tumble after the hype faded.

On Monday, Sequans announced a $200-million at-the-market equity offering to fund its plans to accumulate 100,000 BTC by 2030. The news did not stop SQNS from sliding; on Thursday, it closed at $0.91.

Its brief Bitcoin hype was only a small blip in its 14-year struggle with gravity.

Vanadi Coffee: Holds 100 BTC

Like many firms that turned to Bitcoin, Spanish cafe chain Vanadi Coffee was pushed into the strategy by financial distress. In 2024, the company reported 3.33 million euros ($3.9 million) in annual loss, up from 2.87 million euros the year before.

Vanadi shares are above pre-Bitcoin announcement levels but remain below where they stood a year ago.

The Bitcoin plan became official on June 29, and the next day, its shares surged to 1.09 euros, closing the month up more than 300% from the 0.27-euro opening price.

Related: Bitcoin’s quantum countdown has already begun, Naoris CEO says

By mid-trading on Friday, Aug. 29, 2025, the stock had slipped back to 35 euro cents. It’s still up 95.6% year-to-date but down 44% from the same point in 2024.

Ming Shing Group: Holds 833 BTC

Ming Shing Group, a Hong Kong-based construction and engineering company, was listed on the Nasdaq in November 2024. Soon after going public, it began accumulating Bitcoin, making its first purchase on Jan. 13, 2025, with 500 BTC. At the time of writing, it holds 833 BTC.

After debuting on Nasdaq at $5.59 on Nov. 22, 2024, its Bitcoin strategy initially drove shares to an all-time high of $8.50. Since then, the stock has slumped to $1.85 on Thursday’s close.

On Aug. 21, the company announced a $483-million deal to acquire an additional 4,250 BTC through a share issuance. If completed, Ming Shing would become Hong Kong’s largest corporate Bitcoin holder, surpassing Boyaa Interactive, which holds 3,640 BTC and currently ranks as Asia’s second-largest public Bitcoin treasury behind Metaplanet.

Ming Shing plans to double down on Bitcoin even as its shares continue to fall.

The recent announcement briefly lifted Ming Shing’s struggling share price, though most of the gains were erased the same day.

K Wave Media: Holds 88 BTC

South Korean entertainment company K Wave Media made its first Bitcoin purchase in July 2025, but its shares have been sliding ever since. The company has raised $1 billion for BTC acquisitions, yet the stock remains under pressure.

The initial announcement came on June 4 in a Securities and Exchange Commission filing, where K Wave disclosed a $500-million standby equity purchase agreement with Bitcoin Strategic Reserve. The filing also outlined plans to operate Lightning Network nodes and integrate BTC into its financial and consumer platform.

On May 13, Global Star Acquisition and K Enter Holdings completed a special purpose acquisition company (SPAC) merger to form K Wave Media. While the subsequent Bitcoin strategy briefly lifted the stock from its post-SPAC sell-off, the momentum quickly faded. Since the company’s first BTC purchase on July 10, shares have continued to decline, closing at $1.85 on Aug. 28 — just below the $1.92 level recorded on July 3, the day before its Bitcoin treasury filing.

K Wave Media’s share price is closer to its SPAC merger crater than it is to its Bitcoin spike.

Early success cases among Bitcoin treasury companies

These cases show that announcing a Bitcoin strategy remains a Hail Mary for struggling firms and doesn’t guarantee lasting gains. Share prices often spike on the news but rarely hold.

There are, however, a few digital diamonds in the rough. On May 12, healthcare provider KindlyMD announced plans to merge with Nakamoto Holdings to form a Bitcoin treasury company, now trading on Nasdaq under the ticker NAKA.

In recent months, Nakamoto Holdings has outperformed Metaplanet and has become the 16th-largest publicly traded Bitcoin holder, with 5,765 BTC.

Japanese nail salon franchiser Convano has been outperforming both Nakamoto Holdings and Metaplanet. At the time of writing, it holds 365 BTC, which is a relatively small war chest when compared to the likes of Metaplanet and Nakamoto Holdings.

Convano (6574) shares have been outperforming Asian Bitcoin giants like NAKA and Metaplanet.

Magazine: The one thing these 6 global crypto hubs all have in common…



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3 memecoins expected to pump this bull cycle
GameFi Guides

3 memecoins expected to pump this bull cycle

by admin



Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

DOGE jumps 23%, sparking interest in Little Pepe, Dogwifhat, and Bonk as analysts eye 25x potential gains.

Summary

  • DOGE surges 23%, fueling interest in high-potential memecoins like LILPEPE, WIF, and BONK.
  • Little Pepe presale nears sellout, offering 25–44x potential with Layer-2 blockchain perks.
  • Analysts spotlight LILPEPE’s fair-launch, low-fee network as a top meme token to watch in 2025.

The memecoin market is heating up again. In the past week, Dogecoin (DOGE), the first and leading meme token, has increased by 23%. This surge has sparked interest from traders seeking community-run, high-potential assets. 

In the past, large movements from DOGE have often come before larger meme token rallies, with newer and smaller market cap coins giving even higher percentage returns. 

Now, analysts are spotlighting three memecoins they believe could post 25x returns in the coming months: Little Pepe (LILPEPE), Dogwifhat (WIF), and Bonk (BONK). Each project combines viral community appeal with technical setups that suggest significant upside potential.

1. Little Pepe – a memecoin layer-2 challenger

    Little Pepe has emerged as one of the most ambitious meme projects of 2025 — not just aiming for viral status, but building a dedicated Layer-2 blockchain ecosystem for memecoins. 

    While most meme tokens exist as ERC-20s reliant on Ethereum’s network, Little Pepe’s Layer-2 promises ultra-low fees, lightning-fast transactions, and anti-bot trading protections.

    Key features include:

    • No Sniper Bots: Fair launch environment for retail traders.
    • Meme Launchpad: Enabling new tokens to deploy directly on the network.
    • Low-Cost Transactions: Fractions-of-a-cent gas fees.

    The project has also prioritized trust and transparency, achieving a 95.49% security score from CertiK, one of the industry’s most respected auditors.

    Presale performance

    Little Pepe’s presale is now in Stage 11, over 93% sold out, with $20.57m raised toward a $22.3m target. The current token price is $0.0020, with the next stage bumping it to $0.0021. Analysts see a near-term post-listing target of $0.05–$0.088, representing around 25–44x upside from today’s price.

    Why it could pump:

    • Strong presale momentum
    • Dual top-tier exchange listings at launch
    • Dedicated Layer-2 utility
    • Large, growing community

    If DOGE continues to rally, spillover demand for emerging meme projects could push LILPEPE into rapid price discovery mode.

    2. Dogwifhat – approaching breakout levels

      Dogwifhat has been on trader watchlists for months, with technical analysts like Chris and Atlas pointing to a setup that could trigger a breakout run. Currently trading at $1.066, WIF has key support levels at $0.786 and $0.910, which have held during recent pullbacks.

      Recent price action:

      • Quick rise to $1.10, then drop to $0.94, bringing it to a 9.61% drop for the day.  
      • Trading volume dropped from $484M to $413m indicating some profit-taking.
      • Despite the pullback, higher lows are forming — a bullish structural sign.

      Resistance to watch

      The critical breakout zone is near $1.20. According to Atlas’s charts, clearing this level could open the path toward $2.60, highlighting consistent uptrend momentum.

      Bullish case:

      • A series of higher lows suggests strong buyer support.
      • Price is near the lower range, offering a favorable entry zone.
      • Historical behavior shows rallies often follow successful range reclaims.

      Suppose WIF can hold above $0.90 and break $1.20 decisively. Analysts believe it could post a strong rally, with the $2.60 level representing roughly 145% upside from current prices — before considering the broader 25x potential if momentum snowballs.

      3. Bonk – from sideways trading to breakout mode

        Launched in late 2022, Bonk was initially a community airdrop to Solana developers, arriving when the ecosystem was struggling post-FTX collapse. Its mission was simple: inject energy and liquidity back into the Solana space. 

        After weeks of consolidation, BONK has again broken the crucial $0.000025 resistance level. A 12% rally in the past 24 hours has set BONK up for another important level. This move has turned resistance into support, bringing us closer to the long-expected $0.000050 in the following weeks.

        Technical Indicators:

        • Broke out of a descending wedge pattern, a bullish reversal signal.
        • RSI has exited oversold territory, pointing to growing buying pressure.
        • MACD crossed into positive territory, reinforcing the bullish case.

        Institutional Interest

        Adding fuel to the rally, NASDAQ-listed beverage company Safety Shot Inc. recently bought $25m worth of BONK, planning to acquire 4–5% of the total supply. While Safety Shot’s own stock price fell on the news, the purchase signaled rising institutional attention toward memecoins.

        Support and resistance:

        • Support: $0.000023
        • Mid-term Resistance: $0.000030
        • Major Resistance: $0.000050

        Continuing on this trajectory, BONK could hit reasonably $0.000050 by late August. Depending on market adoption and sentiment, long-term projections for 2025 vary from $0.000026 to $0.000059.

        Why DOGE’s rally matters for these picks

        Dogecoin’s 23% surge this week isn’t just a win for DOGE holders — it’s a bullish signal for the entire memecoin sector. Historically, strong moves from DOGE have sparked speculative waves into smaller caps, as traders look to replicate high-multiple returns.

        During past memecoin seasons:

        • DOGE rallies often preceded alt-meme explosions.
        • SHIB, FLOKI, and PEPE all saw outsized gains in the months following major DOGE runs.
        • Market sentiment shifts rapidly from blue-chip memes to “next big thing” plays.

        If DOGE maintains upward momentum, projects like Little Pepe, WIF, and BONK could benefit disproportionately as capital rotates into lower market-cap assets with higher potential multipliers.

        Final takeaway

        The memecoin market remains one of crypto’s most volatile and speculative segments — but also one of its most lucrative for well-timed entries. Little Pepe combines meme culture with real Layer-2 infrastructure and is still in presale under $0.0025. Dogwifhat is pressing against a key breakout zone at $1.20, with a chart setup that mirrors previous rally patterns. 

        Bonk is already looking to break out of consolidation and aims to reach $0.000050 in the near future, a target that represents a near-term doubling. As the entire market shifts bullish, these three tokens, alongside the market-leading DOGE, can net 25x returns thanks to their community support, structural setups, and the momentum driving them.

        To learn more about Little Pepe, visit the website, Telegram, and X.

        Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.



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CRYPTO PUMPS AFTER JEROME POWELL SPEECH, ETH CLOSE TO ATH, ALTS & MEMES PUMP
Crypto Trends

CRYPTO PUMPS AFTER JEROME POWELL SPEECH, ETH CLOSE TO ATH, ALTS & MEMES PUMP

by admin



CRYPTO PUMPS AFTER JEROME POWELL SPEECH, ETH CLOSE TO ATH, ALTS & MEMES PUMP

BTC slips on hawkish fed, Jackson Hole today. BTC ETFs hit 5-day losing streak. ETH poised for meteoric growth: JP Morgan. Hayes predicts $20k ETH this cycle. 27% of DATs now trade with mNAV below 1. CFTC launches ‘Crypto Sprint Initiative’. Eric Trump to visit Japan for crypto push. Wont target non-criminal intent crypto devs: DoJ. MetaMask launches mUSD stablecoin. EU accelerates plans for Euro stablecoins. China family offices allocating 5% to crypto: UBS. Japan’s SBI expands into tokenised stock trading. Ripple, SBI to launch RLUSD in Japan. India mulls crypto tax changes. Australia orders Binance audit.



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