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Ethereum Whale Allocates Millions Into New Cryptocurrency Mpeppe Experts Hint 150x Profits

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The cryptocurrency world is abuzz with fresh developments as Ethereum (ETH) whales, who have been quietly accumulating the cryptocurrency for years, are now making strategic moves into promising new tokens. Among them, Mpeppe (MPEPE) has garnered significant attention due to its immense growth potential, with some experts hinting that Mpeppe could offer 150x returns in the near future.

Ethereum (ETH) Whales Keep Accumulating

Ethereum (ETH) whales, or large holders of the cryptocurrency, have long been the dominant force behind Ethereum’s price movements and overall market direction. Since 2019, these whales have been steadily accumulating ETH, increasing their control over the circulating supply of the second-largest cryptocurrency by market capitalization. According to data from IntoTheBlock, Ethereum whales now control a staggering 43% of Ethereum’s total supply.

This accumulation has notably accelerated after Ethereum’s Shanghai upgrade in early 2023, which allowed for the withdrawal of staked Ether. With staked ETH now more liquid, whales have not only maintained but increased their holdings, approaching the 48% threshold currently held by retail investors. These whales have shown a long-term commitment to the asset, even as Ethereum (ETH) has underperformed relative to Bitcoin (BTC), rising only 1.4% this year compared to Bitcoin’s 33.6% surge.

Ethereum’s Price Outlook

While Ethereum (ETH) has faced criticism for its slow price movement in 2024, prominent cryptocurrency analyst Benjamin Cowen suggests that Ethereum’s price could still surge dramatically. Cowen has noted that Ethereum’s price action in recent months has mirrored its behavior in 2016, hinting at the potential for a similar breakout. Back in 2016, Ethereum saw a staggering 12,200% increase, rising from under $11 to over $1,360 within two years. If history repeats itself, Ethereum could hit $30,000 in the next major bull run.

While this forecast excites ETH holders, it’s important to remember that the cryptocurrency market is highly volatile. Past performance does not guarantee future results, and unexpected events could disrupt even the most promising outlooks.

Why Whales Are Flocking to Mpeppe (MPEPE)

Amidst their ongoing accumulation of Ethereum (ETH), some whales are now diversifying their holdings by entering the Mpeppe (MPEPE) presale. This new cryptocurrency has gained attention for its innovative approach and strong community backing, positioning itself as a major player in the emerging gambling and meme coin sector.

Priced at $0.0021 during its presale, Mpeppe (MPEPE) has already attracted millions in investments from Ethereum whales, who see its potential to generate outsized returns in the short to medium term. What makes Mpeppe (MPEPE) especially appealing is its focus on creating a decentralized gambling ecosystem, combining the entertainment value of meme coins with a profitable utility platform. With the project already 72% through its presale stage, momentum is rapidly building.

Mpeppe’s 150x Growth Potential

What’s capturing the attention of Ethereum whales is Mpeppe (MPEPE)’s 150x growth potential. Industry experts have analyzed Mpeppe (MPEPE)’s unique position in the cryptocurrency market and concluded that it could offer returns that rival even the most successful meme coins in recent history. Given that Ethereum whales are known for their strategic, long-term approach to investments, their involvement in Mpeppe (MPEPE) suggests confidence in the token’s future.

For whales, the appeal lies in Mpeppe (MPEPE)’s combination of low entry price and strong community support, both of which are essential factors for explosive growth. The decentralized gambling space is ripe for disruption, and Mpeppe (MPEPE)’s innovative platform could make it a major player in this sector, positioning it for rapid price appreciation once it hits public exchanges.

Ethereum and Mpeppe: A Strategic Combination

With Ethereum whales quietly accumulating more ETH while also diversifying into Mpeppe (MPEPE), investors are paying close attention to this strategic combination. The slow but steady accumulation of Ethereum (ETH) by whales suggests that they believe in its long-term potential, particularly as upgrades to Ethereum’s network, such as Sharding, continue to enhance scalability.

At the same time, the whales’ move into Mpeppe (MPEPE) shows a willingness to high-potential altcoins. For investors looking to maximize their returns, combining a stable, long-term asset like Ethereum (ETH) with a high-growth opportunity like Mpeppe (MPEPE) could offer the best of both worlds: stability with ETH and explosive upside with Mpeppe (MPEPE).

Conclusion: A Winning Formula

The cryptocurrency market is constantly evolving, and whales are known for their ability to spot winning opportunities early. Their continued accumulation of Ethereum (ETH), coupled with strategic investments into Mpeppe (MPEPE), signals a strong belief in the future potential of both assets. While Ethereum provides the stability of a well-established blockchain, Mpeppe offers the excitement and profitability of a new and innovative project in the gambling sector.

As the presale for Mpeppe nears completion and the token prepares for its public debut, the growing interest from Ethereum (ETH) whales could be the catalyst for the next big price surge. Whether you’re an ETH holder or a newcomer to Mpeppe, now might be the perfect time to get in on what could be the next major success story in the crypto world.

For more information on the Mpeppe (MPEPE) Presale: 

Visit Mpeppe (MPEPE)

Join and become a community member: 

https://t.me/mpeppecoin

https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ

 



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Arthur Hayes Shills Another Solana Meme Coin, Price Rallies

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BitMEX co-founder and crypto millionaire Arthur Hayes has shilled another Solana meme coin to his followers. As expected, the coin’s price rallied following Hayes’ mention of the coin in an X post.

Arthur Hayes Shills FLOWER Meme Coin

In an X post, Arthur Hayes shared the Dextool profile of the FlowerAI (FLOWER) meme coin with the caption “kek.” Given Hayes’ status in the crypto community, this post was enough to send the meme coin’s price soaring.

When he made the post, FLOWER’s price was $0.02232, but the coin’s price has since spiked and is now above $0.03. The coin’s market cap was $22 million at the time but is now at $30 million following the price rally.

Arthur Hayes’ post has drawn criticism. Some of his followers questioned why someone of his repute was shilling a low-cap coin. Meanwhile, some accused him of intentionally trying to pump and dump the coin on his followers.

Besides shilling top SOL meme coins like Dogwifhat (WIF) in the past, Hayes has also dabbled into low and mid-cap coins. There was a point where he mentioned that he bought the MOTHER and MOG tokens. He also bet Solana AI meme coin Goatseus Maximus (GOAT).

Meanwhile, more recently, the Solana meme coin Deep Worm Price skyrocketed 180% after Hayes shilled it and asserted that the coin would reach a billion market cap. When he shilled the coin, WORM had a market cap of $55 million. However, following the pump, WORM’s market cap has since dropped to $41 million.

Solana Meme Coin Ecosystem Presents A Huge Boost

While Arthur Hayes continues to shill Solana meme coins, there is no doubt about the positive impact these coins have had on Solana and the SOL price. The SOL price recently hit a new all-time high (ATH) of $263, and this development is thanks to the increased demand for the coin among traders looking to invest in meme coins on the network.

The Solana network has also continued to record massive trading volume thanks to its meme coin ecosystem. For context, Solana is currently leading all other chains, including Ethereum, in terms of decentralized exchange (DEX) volume.

DeFiLlama data shows that the network has recorded a DEX volume of $44 billion and $5 billion in the last seven days and 24 hours, respectively. Ethereum comes in a distant second with $17 billion and $2.9 billion recorded during these periods.

With stakeholders in the crypto industry like Arthur Hayes shilling these Solana meme coins, the Solana network will unlikely continue to enjoy more trading volume as more investors also look to trade these coins.

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Boluwatife Adeyemi

Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across DeFi, NFTs, smart contracts, and blockchain interoperability, among others. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover and a part-time degen.

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.





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Ripple CEO Shares Bullish News With XRP Army As Trump Names Treasury Secretary

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Ripple CEO Brad Garlinghouse has shared another good news with the XRP community. US President-elect Donald Trump has finally picked his Treasury Secretary, making the crypto community including Garlinghouse bullish on XRP and the end of the SEC lawsuit. Ripple CEO Garlinghouse claims Scott Bessent is the perfect pick.

Donald Trump Nominates Scott Bessent As US Treasury Secretary

US President-elect Donald Trump has nominated Scott Bessent to lead the US Treasury Department. The new Treasury Secretary is the founder of hedge fund manager Key Square Group. He is known for the famous short bet against the British sterling in 1992 when he worked for George Soros.

Picking the US Treasury chief proved to be one of Trump’s most crucial decisions as Wall Street closely watched the drama. Apollo Global Management CEO Marc Rowan and former Federal Reserve Governor Kevin Warsh were in the race.

“Scott is widely respected as one of the World’s foremost International Investors and Geopolitical and Economic Strategists,” Trump wrote on Truth Social, reported Reuters.

Both Wall Street and the crypto market reacted bullishly as Trump named Scott Bessent to lead Treasury Department. Bessent is positive on crypto adoption policy, but investors await more details on his views on fiscal policy and the next steps.

Ripple CEO Brad Garlinghouse Hails Trump’s Treasury Sec Pick

Ripple CEO Brad Garlinghouse took to X to express his satisfaction with Scott Bessent as Treasury Secretary. He said “I don’t want to get too far ahead of myself but… Scott Bessent is the perfect pick.” He claims Bessent will be the most pro-innovation, pro-crypto Treasury Secretary ever seen.

Other crypto executives and experts including Charles Hoskinson, John Deaton, Matthew Sigel, and David Bailey reacted positively.

Pro-XRP lawyer John Deaton said the Trump transition team now needs to get “SEC Chair right, we are about to enter the Digital Age of Innovation.” Meanwhile, Pro-XRP lawyer Jeremy Hogan predicted a potential conclusion timeline for Ripple SEC case.

XRP Price Rises Over $1.60 As Ripple CEO Turns Bullish

Bullish reactions from Ripple CEO and Cardano founder Hoskinson triggered further rally in XRP and ADA prices. All eyes are now on upcoming nominations by Donald Trump.

XRP price extended its weekly rally to more than 60%, with a 12% pump in the last 24 hours. XRP saw a 24-high of $1.62 as trading volume climbed further by 22%. Popular analysts predicted an XRP price target of $2.

ADA price jumped 22% in the past 24 hours, with the price finally surpassing $1. The 24-hour low and high are $0.856 and $1.140, respectively. Furthermore, the trading volume has increased by 130% in the last 24 hours, indicating a massive interest among traders.

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Varinder Singh

Varinder has 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative future technologies. He is currently covering all the latest updates and developments in the crypto industry.

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.





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Dogecoin Whales Reactivate After Spending $214.5 Million To Buy 550 Million DOGE

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Dogecoin whales are on a significant accumulation spree, as reports reveal that these large-scale token holders have bought over 550 million DOGE tokens. This massive accumulation trend comes as analysts predict that DOGE may be preparing for a major price leap. 

Dogecoin Whales Go On Massive Buying Trend 

Crypto analyst Ali Martinez has revealed that over the past week, large-scale token holders, often called “whales,” have purchased more than 550 million DOGE tokens, valued at an impressive $214.5 million. Although Martinez made this announcement in an X (formerly Twitter) post on November 21, this news was initially reported by Santiment, a market intelligence platform. 

The recent surge in whale accumulation has put significant buying pressure on DOGE, highlighting the increased investor demand and interest. Notably, this increase in whale activity comes as the DOGE price has recorded significant gains this month

Historically, large scale whale movements have often aligned with significant shifts in the Dogecoin price. Earlier this month, there was an increase in whale activity as Dogecoin’s value soared above $0.3. While the unexpected price spike led to increased selling pressure, it appears whales are returning and are buying into DOGE in droves.

As the number one meme coin, DOGE has already gained a massive following and a supportive community, which have contributed to its popularity, widespread adoption, and increase in value. Recently, the Dogecoin price recorded double-digit gains as news of SpaceX CEO Elon Musk’s Department of Government Efficiency (D.O.G.E) proposal spread. 

Moreover, the positive market sentiment from Donald Trump’s win in the US Presidential election also served as a bullish catalyst for the DOGE price. With all these market rallying factors in place, whales appear to be hedging their bets in preparation for a potential price surge.

This spike in whale activity can also be seen as IntoTheBlock reports that approximately 60.9 billion DOGE tokens have been moved around by whales in the past week. This massive spike in large transaction volume represents $23.35 billion.

Analysts have also predicted that once the DOGE price breaks past resistance levels around $0.4, the cryptocurrency will enter a major bullish phase. Additionally, analysts forecast that Trump’s upcoming inauguration could further propel Dogecoin’s price, potentially pushing it to the highly coveted $1

Analyst Predicts Dogecoin Price Pump Above $4

Following Martinez’s post highlighting the significant rise in Dogecoin whale accumulation, crypto analyst Trader Tardigrade suggested that these large-scale holders may be positioning for a 10X surge in the Dogecoin price.

As of writing, DOGE is trading at $0.39; therefore, a 10X surge would push the meme coin towards a $4 price target. Trader Tardigrade has also indicated that if these whales aim for a much larger Dogecoin price spike, then the meme coin could be gearing up for a higher surge above $4. 

Dogecoin price chart from Tradingview.com
DOGE makes a move to the upside | Source: DOGEUSDT on Tradingview.com

Featured image created with Dall.E, chart from Tradingview.com



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