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Sui Community Still Bullish After 24 Hour Dip Mpeppe Secures Support From Sui Whale

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7 months ago

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In the world of crypto, volatility is nothing new. Sui (SUI), a token that has been on a significant uptrend, experienced a 24-hour dip recently. However, the community remains bullish, with analysts predicting an eventual recovery. Meanwhile, Mpeppe (MPEPE) is drawing attention and support from a major Sui (SUI) whale, signaling the growing interest in this up-and-coming gambling-focused meme coin.

Sui (SUI) Continues Its Momentum Despite Recent Dip

Sui (SUI) has been on a remarkable journey, rising by over 12% in the past week alone. This price surge has grabbed the attention of the broader crypto community, and many analysts expect the momentum to carry on into the fourth quarter of 2024. According to prominent crypto analyst Bmoon, the target for Sui (SUI) by the end of Q4 is set at $3.60, a bullish forecast that comes despite some short-term downward pressure.

At present, Sui (SUI) maintains a market capitalization of $2.37 billion, with a circulating supply of 2.67 billion tokens. The token’s trading volume, however, dropped by 23.07% in the last 24 hours, reflecting some bearish signals that traders are keeping a close eye on. Analysts are particularly focused on the Money Flow Index (MFI), which indicates that Sui (SUI) may be approaching an oversold condition.

Still, the community remains optimistic. The DeFi ecosystem built on Sui (SUI)’s blockchain is thriving, and the token continues to hold its ground even amidst broader market fluctuations. This stability is a key driver behind the positive long-term outlook for Sui (SUI), and it’s why many experts believe that the token will maintain its upward trajectory over the coming months.

Mpeppe (MPEPE) Gains Support From Sui Whale

While Sui (SUI) has been a hot topic, a new player is entering the conversation: Mpeppe (MPEPE). This gambling-oriented meme coin has caught the attention of a Sui (SUI) whale, who has reportedly invested millions into the token ahead of its presale completion. This investment comes as no surprise given Mpeppe (MPEPE)’s unique value proposition and explosive growth potential.

Priced at just $0.0021, Mpeppe (MPEPE) has already completed 80% of its presale, positioning itself as one of the most exciting upcoming tokens in the market. The coin’s appeal lies in its innovative blend of meme culture with a decentralized gambling platform, giving it both viral potential and real-world utility.

Investors are taking notice. With the presale nearing completion and expectations of a 150x return on investment, Mpeppe (MPEPE) is gaining serious traction. The support from a Sui (SUI) whale further validates the token’s potential, as major players in the crypto space are always on the lookout for the next big thing.

Is Mpeppe (MPEPE) the Next Meme Coin to Explode?

While Sui (SUI) has established itself as a strong contender in the DeFi space, Mpeppe (MPEPE) offers a different type of opportunity. With its low price and high growth potential, the token is attracting both seasoned investors and those looking for their first big crypto win.

As more whales continue to show interest in Mpeppe (MPEPE), the token’s value is likely to skyrocket post-presale. Analysts suggest that Mpeppe (MPEPE) has all the ingredients for a successful meme coin rally, from its strong community backing to its real-world use case in decentralized gambling.

Conclusion: Sui or Mpeppe—Which Should You Watch?

Both Sui (SUI) and Mpeppe (MPEPE) offer unique investment opportunities, though they cater to different market segments. Sui (SUI), with its bullish momentum and solid DeFi infrastructure, remains a top choice for those looking to invest in established blockchain projects. On the other hand, Mpeppe (MPEPE) represents a high-risk, high-reward play, appealing to investors seeking meme coin-driven profits.

As the Sui (SUI) community continues to hold bullish expectations despite a brief dip, Mpeppe (MPEPE) is rapidly gaining support from big players, including a notable Sui (SUI) whale. Whether you’re in it for the long haul with Sui (SUI) or aiming for explosive gains with Mpeppe (MPEPE), both tokens offer exciting opportunities for the savvy crypto investor.

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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Charles Hoskinson Reveals How Cardano Will Boost Bitcoin’s Adoption

Published

6 hours ago

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March 31, 2025

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Cardano founder Charles Hoskinson says the network will play a key role in Bitcoin DeFi transactions in the future. With several partnerships and innovations in the works, Hoskinson says Cardano is bracing itself to explore layer 2 solutions on the Bitcoin blockchain,

Cardano Positions Itself For Bitcoin DeFi

In an interview with Scott Melker, Cardano’s founder has revealed ambitious plans for the network to turbocharge Bitcoin’s adoption for DeFi applications. Hoskinson notes that large financial institutions will trigger a demand for Bitcoin DeFi given their fiduciary obligation to create yield.

He notes that a Bitcoin ETF providing DeFi yields will trigger shareholders to demand similar yields. Hoskinson eyes a three-year timeframe for institutions to plant their feet in Bitcoin DeFi and UTXO DeFi.

Hoskinson says Cardano will combine Hydra with the Bitcoin Lightning network and build a trustless recursive bridge between both networks. The founder adds that its Aiken programming language will enabled to write both Bitcoin and Cardano scripts.

Furthermore, a partnership with Maestro, an infrastructure provider allowing Bitcoin integration with UTXO-based blockchain will provide a “turn-key experience” for users.

“It’s still early days but we are making methodical progress every step of the way,” said Hoskinson.

Hoskinson is moving on from his absence from the Crypto Summit at the White House, doubling down on technical innovation. He notes that the Bitcoin-focused plays by Cardano will not adversely affect the network’s road map.

Is Bitcoin Ready For DeFi Applications?

Hoskinson revealed in the interview that Bitcoin is ready for DeFi utility following the Taproot and the Lightning Network advancements. According to the founder, Taproot added programmability features to the Bitcoin network and Cardano will push the frontiers.

He adds that Cardano will enable Bitcoin users to engage in DeFi transactions while transacting with only BTC. Hoskinson says a merger between Bitcoin is enough to make Cardano’s DeFi significantly larger than Ethereum and Solana combined.

While the integration will send Cardano price soaring, ADA wallows at $0,6611 after losing 10% in a week. However, traders are targeting an ADA pump in May following the forming of a cyclical pattern.

An analyst argues that a price rally to $10 is not a crazy prediction given a streak of solid fundamentals and partnerships for Cardano.

 

✓ Share:

Aliyu Pokima

Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.

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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Ethereum Bitcoin Ratio Drops to Record Low, What Next for ETH?

Published

7 hours ago

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March 31, 2025

By


The world’s second-largest digital asset, Ethereum (ETH), struggles to keep up with Bitcoin. Market data shows that the ETH/BTC ratio has dropped to its lowest level in five years. Consequently, investors and analysts are now questioning whether Ethereum can recover in the coming quarter, considering Bitcoin may continue its long-standing domination in the digital assets market.

The Ethereum Bitcoin Ratio At New Lows

ETH performed poorly compared to Bitcoin in the first quarter of 2025. According to a recent update from The Kobeissi Letter, the Ethereum to Bitcoin ratio has dropped to 0.02, its lowest level since December 2020.

Historically, Ethereum has gained strength after Bitcoin halvings, but the trend has reversed. While Bitcoin price is going upward, Ethereum has struggled to gain traction.

Several factors have contributed to this decline. Bitcoin’s narrative as digital gold has strengthened, drawing more institutional investment. In addition, the coin has faced challenges, including relatively higher gas fees and competition from other blockchain networks. 

Unfortunately, the Ethereum Pectra upgrade, which experts believe could drive a price increase for the coin, faced some challenges. As reported by CoinGape, multiple testnet attempts failed before the Hoodi testnet that launched recently.

Some experts believe Ethereum’s transition to proof-of-stake has not delivered the expected market boost. 

Q1 Performance and ETF Downturn

The ETH price performance in the first quarter of 2025 has been disappointing. For context, data shows that the coin has dropped 46% this year, nearly 4 times more than Bitcoin’s decline of 12%.

Many investors expected a strong bull run, but Ethereum has remained weak. The adoption of spot Bitcoin ETFs earlier in the year attracted billions of dollars, but Ethereum has not seen the same level of interest for its potential ETF.

Market analysts suggest that institutional investors are still hesitant about Ethereum’s long-term value compared to Bitcoin. Bitcoin’s fixed supply and reputation as a hedge against inflation have made it a safer choice for institutional investors. 

Where is ETH Price Heading?

Some analysts believe ETH price could hit $10,000 if broader market conditions improve and the Ethereum Pectra upgrade launches on the mainnet. 

Others warn that if the coin continues to lose value against Bitcoin, investors may start shifting funds to other networks like Solana or Avalanche.

Even though short-term price predictions remain speculative, some traders expect Ethereum to rebound as Bitcoin stabilizes. Others believe the ETH/BTC ratio could drop even further. 

As of this publication, CoinMarketCap data shows that Ethereum’s price was $1,842.29, up 1.34% in the last 24 hours. Many experts believe that the coming days will determine whether Ethereum can regain strength or whether Bitcoin’s dominance will continue to grow.

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Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.

Follow him on X, Linkedin

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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Elon Musk Rules Out The Use Of Dogecoin By The US Government

Published

9 hours ago

on

March 31, 2025

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Elon Musk has doused optimism for the US government to adopt Dogecoin at the America PAC town hall event. The head of the Department of Government Efficiency (DOGE) noted that the government agency only bears a nominal resemblance to the memecoin.

Elon Musk Dispels Rumors Of Dogecoin Adoption By The US Government

At a recent event, Tesla CEO Elon Musk cleared the air on the potential adoption of Dogecoin by the US government. In his keynote speech, Musk noted that the US government will not be adopting Dogecoin, contrary to swirling speculation.

Musk noted that the speculation gained traction following the launch of the Department of Government Efficiency (DOGE). Following the launch of DOGE and Musk tapped to lead the agency, enthusiasm for Dogecoin government utility reached new highs.

However, Musk clarified that the agency bears only a nominal resemblance to the memecoin, stemming from an internet trend. The Tesla CEO disclosed that the original intended name was the Government Efficiency Commission, opting for DOGE “because the internet is right.”

“The name is similar but they are two different things,” said Musk. “But there are no plans for the government to use Dogecoin as far as I know.”

Musk has a long and storied history with Dogecoin, famously shilling the memecoin and integrating DOGE payments for Tesla. Musk teased an anime-themed DOGE on X, setting the stage for a $2 rally for the memecoin.

DOGE Reacts Negatively To The News

Dogecoin price slumped by nearly 2% in the wake of the grim report. Currently, the memecoin is trading at 0.1660 as it eyes a push toward the $1 mark.

The negative fundamental adds pressure to reports of DOGE forming a falling wedge pattern, signaling a potential downward breakout. However, optimists are rippling with confidence that DOGE can shake off the negative sentiments to post new all-time highs.

One analysis claims that if the Dogecoin price breaks a 3-month trendline, an $8 valuation for the memecoin is in play. Others claim that the House of Doge Reserve launch will be a tailwind for Dogecoin price, sending the dog-themed coin on a strong rally.

✓ Share:

Aliyu Pokima

Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.

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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