Altcoin
3 Reasons You Must Hold Pepe Unchained (PEPU) and Mpeppe (MPEPE) In August
The world of cryptocurrency is filled with opportunities, especially for those who know where to look. Recently, Pepe Unchained (PEPU) has been making significant waves in the crypto community, garnering the attention of both seasoned investors and newcomers alike. Alongside PEPU, another token, Mpeppe (MPEPE), is gaining traction, with many investors believing that both of these coins could potentially deliver massive returns. Here’s why PEPU and MPEPE are being hailed as the next big opportunities in the meme coin market.
Pepe Unchained: More Than Just Another Meme Coin
Pepe Unchained (PEPU) is quickly becoming a standout in the meme coin space, not just for its cultural appeal but for its technological advancements. Unlike many meme coins that are purely speculative, Pepe Unchained (PEPU) brings real utility to the table with its innovative Layer-2 blockchain. This Layer-2 solution addresses some of the key issues that have plagued Ethereum-based tokens, such as high gas fees and slow transaction times. By bundling multiple transactions into one before processing them on the Ethereum mainnet, PEPU offers faster and more cost-effective transactions, which is a significant draw for investors.
As of now, Pepe Unchained (PEPU) has raised over $9 million in its ongoing presale, a clear indication of the growing investor interest. The presale price of $0.009163 per token is set to increase as the token hits new milestones, making early investment even more attractive. For those who missed out on the rapid rise of previous meme coins like PEPE, Pepe Unchained offers a second chance to get in early on what could be the next big thing.
Mpeppe: A Complementary Investment with High Potential
While PEPU has captured much of the spotlight, Mpeppe (MPEPE) is quietly building its own following. Mpeppe is currently in its presale phase, with a price of $0.001777 USDT and over 70% of its tokens already sold. What makes Mpeppe particularly appealing is its focus on the gambling sector, a niche market with enormous growth potential. By targeting this specific industry, Mpeppe offers investors a unique opportunity to tap into a rapidly expanding market while enjoying the speculative upside that meme coins are known for.
Many Pepe Unchained (PEPU) investors are now adding Mpeppe (MPEPE) to their portfolios, believing that the combination of these two tokens could lead to substantial gains. The rationale is simple: both tokens have distinct value propositions that complement each other, and by investing in both, one can maximize their potential returns.
The Case for 1000x Gains: Why Investors Are Excited
The belief that PEPU and MPEPE could both provide 1000x gains is not unfounded. Here’s why investors are so optimistic:
- Innovative Technology: PEPU’s Layer-2 blockchain is not just a buzzword; it’s a game-changer in the world of meme coins. By addressing the scalability and cost issues that have long plagued Ethereum-based tokens, PEPU is setting itself up for long-term success. The ability to process transactions quickly and cheaply is crucial for any token looking to gain widespread adoption, and PEPU delivers on this front.
- Strong Community Support: Both Pepe Unchained (PEPU) and Mpeppe (MPEPE) have garnered significant attention on social media platforms like X (formerly Twitter) and Telegram. PEPU, for example, boasts over 11,000 followers on X and nearly 6,000 on Telegram. This strong community backing is essential for the success of any cryptocurrency, as it drives awareness, adoption, and ultimately, price growth.
- High Yield Opportunities: Pepe Unchained (PEPU) offers an impressive annual percentage yield (APY) of 210% through its staking pool. This not only incentivizes long-term holding but also reduces the circulating supply, potentially driving up the token’s price as demand increases. Mpeppe, while not offering staking, benefits from its low entry price and the potential for significant price appreciation as it gains traction in the gambling sector.
- Market Timing: The broader crypto market has been relatively quiet during the summer months, but many analysts believe that a new bull run could be on the horizon. If this happens, tokens like Pepe Unchained (PEPU) and Mpeppe (MPEPE), which are already showing strong performance, could see exponential growth. The current market conditions may be setting the stage for a massive rally, and those who invest now could be well-positioned to reap the rewards.
What the Experts Are Saying
Crypto experts and analysts have been closely watching the developments of both PEPU and Mpeppe (MPEPE). Many believe that Pepe Unchained (PEPU), with its strong technological foundation and growing community, has the potential to become one of the top-performing meme coins of 2024. The combination of its Layer-2 solution, high staking rewards, and strategic marketing efforts positions it well for future success.
Similarly, Mpeppe (MPEPE) is being recognized for its strategic focus on the gambling industry. As more people turn to online gambling, especially in the context of a growing digital economy, Mpeppe could see significant adoption. The low presale price and the potential for rapid appreciation make it an attractive investment for those looking to diversify their portfolios with high-risk, high-reward assets.
Conclusion: A Strategic Investment for the Future
For investors in the know, Pepe Unchained (PEPU) and MPEPE represent a rare opportunity to capitalize on two promising projects that offer both innovation and potential for massive returns. While the cryptocurrency market is inherently risky, the unique value propositions of these two tokens make them stand out in a crowded field.
As the presales for both tokens continue, now is the time for savvy investors to consider adding PEPU and Mpeppe (MPEPE) to their portfolios. With the potential for 1000x gains, these tokens could be the key to unlocking significant wealth in the next wave of the crypto market. Whether you’re a seasoned investor or new to the meme coin space, PEPU and Mpeppe (MPEPE) are two names you won’t want to ignore.
For more information on the Mpeppe (MPEPE) Presale:
Visit Mpeppe (MPEPE)
Join and become a community member:
American multinational investment management company Franklin Templeton has made global headlines this Wednesday by revealing that it is eyeing a crypto ETP launch in Europe. The company with over $1.5 trillion in AUM (Assets Under Management) now follows the footsteps of its rivals BlackRock and 21Shares, who previously revealed similar plans for the region. Following its remarkable success in the U.S. with a Bitcoin ETF, this mover has echoed a notable market buzz, paving the way for further investor interaction with the digital asset class.
Franklin Templeton Considers Crypto ETP Launch In Europe
According to an X post by Bitcoin Magazine on April 2, Franklin Templeton is considering launching Bitcoin and crypto ETP in Europe. With this decision, the asset manager is poised to join the fray alongside BlackRock and 21Shares to achieve such a feat in the region.
A company spokesperson revealed that while plans to launch a digital asset-backed ETP are not “immediate, “observing and keeping pace with the evolving regulatory framework in Europe and elsewhere to create those cryptocurrency products that best cater to our clients’ demands” remain vital. Also, they added, “We are constantly exploring the possibility of launching innovative products in all asset classes,” ETF Stream reported.
Franklin Templeton Follows BlackRock & 21Shares’ Footsteps?
Meanwhile, CoinGape recently reported that BlackRock also launched its iShares Bitcoin Trust in the same region. This ETP is featured on Xetra and Euronext Paris under the ticker IBIT, while investors can also find it on Euronext Amsterdam.
Additionally, asset manager 21Shares expanded its crypto ETP offerings in Europe the previous week. Reportedly, the asset manager launched Bitcoin, Solana, and XRP Exchange-Traded Products (ETPs) on Nasdaq Stockholm, enhancing regional investor participation for the digital asset class. Overall, the European crypto ETP scenario continues to take a paradigm-favorable shift as Franklin Templeton now joins the race, adding to institutional support in the region.
Bitcoin ETF Success In The U.S. Garners Attention
Simultaneously, it’s worth taking into account the prominent market success of Franklin Templeton Digital Holdings Trust (EZBC) in the U.S. Sosovalue data indicates that the asset manager currently holds net assets worth $428.52 million within its spot Bitcoin ETF holdings. The considerably large holdings in just a year of BTC ETF’s inception underline the trading products and the asset manager’s phenomenal success. This market capitalizing stand also fuels optimism for crypto ETPs launch in Europe, given the feat happens ahead.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
The SHIB community is once again surfing optimistic tides within the crypto realm with a staggering 12,000% uptick in the Shiba Inu burn rate and a key Shibarium milestone achieved lately.
On Wednesday, April 2, burn statistics signaled that over 115 million coins were removed from the circulating supply, whereas transactions on the Layer 2 blockchain scaled new heights by topping 1 billion. In response, crypto market participants are now eyeing a highly bullish future for one of the most renowned dog-themed meme tokens amid bolstered market dynamics.
Shiba Inu Burn Rate Soars Over 12,000%, Supply Takes A Blow
Data from the official tracker Shibburn indicated that the SHIB burn rate surged 12,278.89% in the past 24 hours. Per the data, this massive surge rode the back of 115.89 million tokens removed from the supply in just a day.
Notably, the burn mechanism permanently reduces the circulating supply by transferring tokens to a null address. As a response, traders and investors weigh bullishness on the asset’s future prospects by considering the law of supply and demand.
With today’s massive burn saga, the total number of coins killed to date reached 410.72 trillion SHIB. Meanwhile, 584.35 trillion tokens still remain in circulation. Further, it’s worth mentioning that the wallet address “0xc439514852e132c” single-handedly burnt 92.64 million tokens, aiding the surge.
The impact of the constant Shiba Inu burns has kept investors hopeful about a price rally ahead. On the other hand, the coin’s layer 2 blockchain, Shibarium, is making monumental strides.
Shibarium Transaction Volume Hits 1B
SHIB’s marketing lead Lucie further revealed on X that the transaction volume on the Layer 2 blockchain has crossed the 1 billion mark. This chronicle has added to the optimistic buzz orbiting the crypto as it underscores its network’s rising popularity.
Soon after its launch in August 2023, the L2 network gained significant traction with its vast offerings. Ranging from seamless transactions and gaming opportunities to utilities with tokens such as TREAT, LEASH, and BONE, the L2 network offers users top-notch services in the Web3 space. The rising transactions add to bullish market sentiments, accompanying the Shiba Inu burn rate upswing.
Is SHIB Price Gearing Up For A Rally?
Despite the bullish advancements, SHIB price traded down nearly 4% today, resting at $0.00001224. The meme coin hit a low and a peak of $0.00001214 and $0.00001312 in the past 24 hours. Besides, the weekly chart also indicated a 20% crash in value. This bearish action has kept investors cautious over future aspects despite the Shiba Inu burn surge and Shibarium advancement.
Simultaneously, a renowned crypto market trader going by the name Nebraskangooner revealed that SHIB continues to reject resistance just like other altcoins. Crypto market participants continue to thoroughly monitor the token, given that some market stats indicate a bullish stance whilst the price wanes.
Also, CoinGape reported that the coin’s lead developer, Shytoshi Kusama, shared a cryptic location update recently. The abovementioned chronicles are some of the most buzz-worthy Shiba Inu news lately.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Pi Network seems to be losing ground as Pi Coin price continues to face strong selling pressure, dropping another 4% and slipping under $0.70. Furthermore, the PI trading activity in the ecosystem is also dropping, showing that the investors’ euphoria is fading away quickly. Also, the PI token unlocks happening over the past week and so have led to a negative sentiment.
Pi Network Faces Backlash Despite PiFest Announcement
Earlier today, the Pi Core team announced that the inaugural PiFest on the Open Network saw record participation, with over 125,000 registered sellers—including more than 58,000 active sellers—and 1.8 million Pioneers utilizing Map of Pi, while highlighting Pi’s real-world utility worldwide.
However, the community doesn’t seem to be pleased by this. Commenting on the reality of the PiFest, Dr. Altcoin noted: “Since the PiFest started, Pi trading activity in the Eco-system has been at its lowest. The only trade was selling Pi for Cash”. While slamming the core team further, Dr. Altcoin stated that the Pi co-founders “seem out of touch with the realities of the everyday Pi Community”.
Other community members have slammed Pi Core Team’s communication approach, stating that it has remained unchanged since the enclosed mainnet phase. Critics like Dao world argue that the monthly updates are too predictable and insufficient for sustaining a large and engaged community.
Community members are now advocating for a more transparent communication strategy, with calls for a new leadership figure who has a deep understanding of cryptocurrency.
Pi Network Reduces Base Mining Rate by 1.18% This Month
The Pi Network’s base mining rate has dropped by 1.18% this month, now standing at 0.0029030 π per hour. This adjustment continues the network’s trend of gradual mining rate reductions. Some community members speculate that the declining interest in mining may be linked to Pi’s current low trading value on exchanges.
Despite talks of the Pi Network listing on top crypto exchanges like Binance and Coinbase, it hasn’t fructified so far. However, the BTCC exchange stated that it has added the cryptocurrency for spot trading, but it failed to add any upward momentum to the Pi coin price.
Where’s Pi Coin Price Heading Next?
Over the past seven days, the Pi coin price has tanked by 20%, with the next crucial support levels at $0.60. Furthermore, the correction under $0.70 comes with heavy selling pressure as daily trading volumes tanked 52% to $148 million.
Pi Network is currently forming a classic falling wedge pattern, testing the lower boundary near $0.687. A confirmed breakout with volume above the $0.71–$0.72 range could signal a bullish move, potentially pushing the price toward $0.75–$0.78, where key resistance levels lie.
Some market analysts still have the hope that PI cryptocurrency could reverse the trajectory to hitting highs of $3 and above.
Bhushan Akolkar
Bhushan is a FinTech enthusiast with a keen understanding of financial markets. His interest in economics and finance has led him to focus on emerging Blockchain technology and cryptocurrency markets. He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Kraken Obtains Restricted Dealer Registration in Canada
Lummis Confirms Treasury Probes Direct Buys
Franklin Templeton Eyes Crypto ETP Launch In Europe After BlackRock & 21Shares
What’s Fueling The Shibarium Boost?
BNB Price Faces More Downside—Can Bulls Step In?
Tokenized Gold Market Cap Tops $1.2 Billion as Gold Prices Surge
2.52 Million Altcoins Are Ruining Crypto’s Future
Animoca Brands Valuation Tanks 75% In Two Years, Here’s Why
Crypto exchange BingX hacked for $43 million
Are The Big Players Losing Interest?
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
Coinbase cbBTC Set to go Live on Solana
2.52 Million Altcoins Are Ruining Crypto’s Future
Animoca Brands Valuation Tanks 75% In Two Years, Here’s Why
Crypto exchange BingX hacked for $43 million
Are The Big Players Losing Interest?
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
Coinbase cbBTC Set to go Live on Solana
-
Altcoin23 hours agoXRP Price to $27? Expert Predicts Exact Timeline for the Next Massive Surge
-
Market23 hours agoBinance Megadrop Launches KernelDAO
-
Market22 hours agoEthereum Struggles to Break Out as Bear Trend Fades
-
Market21 hours agoHow Did UPCX Lose $70 Million in a UPC Hack?
-
Market20 hours agoHill Rejects Interest-Bearing Stablecoins Despite Armstrong’s Wish
-
Bitcoin17 hours agoBitcoin Could Serve as Inflation Hedge or Tech Stock, Say Experts
-
Market17 hours agoSUI Price Stalls After Major $147 Million Token Unlock
-
Market16 hours agoBeInCrypto US Morning Briefing: Standard Chartered and Bitcoin
✓ Share: