Binance Sees PEPE Resurgence as Short Squeeze Sparks 9% Rally
PEPE, the meme-inspired cryptocurrency, has staged a notable comeback with a 9% weekly gain, reigniting trader interest as it approaches monthly highs. The token reclaimed the $0.000014 price level, with Binance driving 23% of its trading volume. Analysts suggest a potential short squeeze could accelerate gains if Pepe breaches $0.000016. High-profile trader James Wynn has also entered the market, adding to the bullish momentum.
PEPE Stages Comeback as Short Squeeze Fuels Rally; High-Profile Trader Joins Fray
PEPE, the meme token that once captivated crypto markets, has reignited trader interest with a 9% weekly gain. The asset reclaimed its $0.000014 price level—flirting with monthly highs—as Leveraged shorts faced mounting pressure. Binance accounts for 23% of PEPE’s trading volume, where liquidity pools suggest a brewing short squeeze above $0.000016.
Notably, risk-tolerant trader James Wynn entered positions with 10X leverage, betting on continued upside. PEPE’s recent volatility mirrors blue-chip token behavior, with intraday swings exceeding typical meme coin patterns. Market observers note concentrated short positions could amplify upward moves if the rally sustains.
Binance Integrates Live Trading with Educational Streams
Binance Square has unveiled a live trading feature that merges real-time market education with executable trades. Verified creators can now stream trading strategies while viewers execute spot or futures trades directly within the interface.
The platform eliminates friction between learning and action, with interactive strategy cards displayed during streams. "This evolution makes trading accessible while maintaining engagement," said Binance’s Head of Product Jeff Li. No specific cryptocurrencies were mentioned in the announcement.
3 Altcoins to Watch in the Final Week of May 2025
BNB stands out as a top altcoin to monitor as Q2 2025 draws to a close. The Binance Smart Chain’s upcoming Maxwell hard fork could catalyze significant price action, with technical indicators suggesting a potential retest of its all-time high.
The upgrade promises tangible improvements—faster block times, enhanced efficiency, and smoother network performance. These fundamentals may drive renewed institutional interest in BNB, currently trading at $672. Critical resistance levels loom at $686 and $700, with the $793 ATH representing an 18% upside potential.
Market sentiment appears bifurcated. A successful hard fork implementation could validate the bullish thesis, while tepid adoption might trap prices below key resistance. Traders await the network upgrade’s reception as a make-or-break moment for BNB’s medium-term trajectory.
Avalon Labs’ AVL Token Surges 30% Following Yzi Labs Investment Announcement
Avalon Labs’ native token AVL experienced a sharp 30% rally, reaching a one-month high above $0.30 after Yzi Labs, formerly Binance Labs, disclosed its investment in the project. The token’s vertical climb marks a significant breakout from weeks of stagnant price action.
Despite the surge, AVL remains below its March 10 all-time high of $0.75. The project’s tokenomics reveal only 16.6% of total supply is currently unlocked, with 161 million AVL in circulation. Additional token releases are anticipated in coming months, potentially impacting future price dynamics.
CZ-Backed YZi Labs Invests in Avalon Labs to Boost Bitcoin DeFi Ecosystem
Changpeng Zhao’s venture arm YZi Labs has placed a strategic bet on Bitcoin’s decentralized finance future with an undisclosed investment in Avalon Labs. The platform, which has amassed over $500 million in total value locked, is building infrastructure for BTC-collateralized lending and stablecoin services.
At the heart of Avalon’s ecosystem lies USDa, a Bitcoin-backed stablecoin enabling users to transact and earn yield without liquidating their BTC holdings. The project represents one of the largest collateralized debt positions in Bitcoin DeFi, signaling growing institutional interest in expanding Bitcoin’s utility beyond store-of-value.
BNB’s Underperformance Sparks Trader Impatience as Whales Show Divergent Activity
Binance Coin (BNB) has significantly lagged behind rival cryptocurrencies in the current market rally, posting just an 11.7% gain over the past month compared to Ethereum’s (ETH) 43.5% surge and Solana’s (SOL) 19.4% advance. This underperformance comes amid Bitcoin’s (BTC) record-breaking rally to new all-time highs, leaving traders questioning BNB’s muted price action.
Analytics firm Alphractal reveals a curious divergence in on-chain behavior between whale and retail investors. Whales appear increasingly bearish on BNB compared to retail traders, with short interest concentrated among large holders. Buy pressure has notably diminished across the BNB Chain ecosystem, suggesting weakening demand despite the broader market uptrend.