Meme Coins, Ripple, and Cardano: Crypto’s Rollercoaster Ride – June 4 Price Outlook

Dogecoin knockoffs and legacy altcoins are stealing the spotlight again—because nothing says ’sound investment’ like internet jokes and regulatory limbo.

Ripple (XRP) bulls cling to SEC lawsuit hopes while Cardano (ADA) devs promise upgrades that may or may not materialize before the next market cycle.

Meanwhile, traders treat crypto charts like Rorschach tests—seeing patterns where there’s only volatility. Will today’s ’technical breakout’ be tomorrow’s liquidation cascade? Stay tuned.

XRP could see adoption from institutions and follow in the footsteps of Bitcoin as a reserve asset with announcements like VivoPower International’s $121 million plan to buy the altcoin. The Nasdaq-listed firm revealed plans to transform the company into an XRP-focused digital asset enterprise, the first of its kind worldwide. 

Cardano’s (ADA) price has reversed upwards after testing support at $0.65, trading at $0.69 at the time of writing on Tuesday. The slight rebound occurs amid consolidation in the broader crypto market and tensions in the global macroeconomic environment, primarily caused by uncertainty surrounding United States (US) tariffs.