Altcoin
Meme Coin Showdown: Playdoge, Dogecoin, or Mpeppe – Who’s Gaining the Most Whale Traction?
The cryptocurrency market has always been a dynamic landscape, especially within the realm of meme coins. As the market matures, certain projects rise to prominence, capturing the attention not just of retail investors but also of influential whales. Currently, three meme coins—PlayDoge (PLAY), Dogecoin (DOGE), and Mpeppe (MPEPE)—are at the center of a showdown, each vying for the attention of crypto whales. But which of these is truly gaining the most whale traction?
Dogecoin (DOGE): The Original Meme Coin and Whale Magnet
Dogecoin (DOGE) has long been a favorite among whales, especially since its meteoric rise in popularity fueled by social media buzz and endorsements from celebrities like Elon Musk. Despite its origins as a joke, Dogecoin (DOGE) has proven to be a serious player in the crypto space, currently trading at $0.10952 with a market cap of $15.93 billion. The coin’s 24-hour trading volume stands at $458.25 million, showing that it still commands significant attention.
However, the question remains: Is Dogecoin (DOGE) still the go-to for whales? While DOGE continues to be a dominant force, the entry of new and innovative meme coins has led some whales to diversify their portfolios. For instance, Shiba Inu’s (SHIB) development team has taken shots at Dogecoin (DOGE), signaling a potential shift in dominance within the meme coin community. Additionally, the whale activity around Dogecoin (DOGE), though robust, has seen some movement toward newer tokens that promise higher returns.
PlayDoge (PLAY): The New Contender on the Block
PlayDoge (PLAY) has swiftly emerged as a formidable player in the cryptocurrency landscape, capturing the attention of both small investors and large-scale whales. With its presale already surpassing $6 million, the project is more than just another meme coin—it’s carving out a niche with a distinctive Play-to-Earn (P2E) model that harks back to the nostalgic Tamagotchi craze. This model, where users nurture virtual pets and earn rewards, has struck a chord with a diverse audience, promising a blend of fun and financial opportunity.
What truly sets PlayDoge (PLAY) apart, particularly in the eyes of whale investors, is its potential for sustainable, long-term growth. The project’s staking feature, offering an impressive 77% annual return, has led to a significant portion of the token supply being locked in staking pools. This high staking activity could create a scarcity effect, potentially driving up the token’s value as demand outpaces supply. As PlayDoge (PLAY) continues to gain momentum, whales are likely to see this as a prime opportunity for substantial future gains.
Mpeppe (MPEPE): The Dark Horse with Huge Potential
Mpeppe (MPEPE) is the dark horse in this showdown, yet it’s quickly proving to be a formidable competitor. The token is currently in the third stage of its presale, with a price of $0.001777 USDT per token. What makes Mpeppe stand out is its focus on the gambling sector within the meme coin market—a niche that has yet to be fully explored by other projects.
Whales are particularly interested in Mpeppe (MPEPE) because of its innovative approach and the potential for massive returns. The token’s presale has already seen significant uptake, with 62.95% of the available tokens sold. Given that whales typically look for opportunities where they can make large investments that yield substantial returns, Mpeppe’s (MPEPE) positioning as a unique gambling meme coin makes it an attractive prospect. The potential for 1000x gains, as speculated by some analysts, is enough to catch the eye of even the most conservative whales.
Moreover, Mpeppe (MPEPE) has a transparent and robust smart contract, which can be found at 0xd328a1C97e9b6b3Afd42eAf535bcB55A85cDcA7B. This level of transparency is crucial for attracting whale investments, as it provides assurance of the project’s legitimacy and potential for growth.
Conclusion: Where Are the Whales Betting?
In this meme coin showdown, it’s clear that whales are spreading their bets across multiple projects. Dogecoin (DOGE)remains a solid choice due to its established presence and liquidity. However, newer projects like PlayDoge (PLAY)and Mpeppe (MPEPE) are gaining traction among whales due to their unique value propositions and potential for explosive growth.
For investors looking to follow the whales, diversifying between these three tokens could be a wise strategy. Each offers its own set of advantages: Dogecoin (DOGE) with its established market position, PlayDoge (PLAY) with its innovative P2E model, and Mpeppe with its untapped potential in the gambling sector. As always, the key is to stay informed and be ready to adapt to the fast-paced changes in the crypto market.
For more information on the Mpeppe (MPEPE) Presale:
Visit Mpeppe (MPEPE)
Join and become a community member:
https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ
As the cryptocurrency market evolves, it’s becoming evident that hype alone can’t sustain a token’s value. This realization has led some of the largest Bonk (BONK) holders, known as “whales,” to diversify their portfolios by investing in GoodEgg (GEGG). Experts are now predicting a potential 100x return on GoodEgg (GEGG), with some of the most prominent Bonk (BONK) whales taking early positions in the token’s presale.
More Than A Memecoin: Bonk Whale Shift to GEGG
One of the largest Bonk (BONK) holders, previously known for their substantial investments in the meme coin space, has recently made headlines by becoming an early investor in GoodEgg (GEGG). This shift comes as Bonk (BONK) continues to face declining momentum, losing 2% in value over the last 24 hours, with weekly losses stacking up to 10%. The whale’s move reflects a growing sentiment that the current meme coin market is becoming oversaturated, with investors searching for projects that offer more than just speculative gains.
Bonk (BONK), once a rising star on the Solana network, has seen a significant reduction in trading volume, and many analysts believe that its future will depend heavily on finding new utility or partnerships to maintain investor interest. While the Bonk (BONK) community remains hopeful, the shift of whales to projects like GoodEgg (GEGG) highlights a growing trend among larger investors who prioritize long-term growth over short-term gains.
GoodEgg’s Strong Fundamentals
In contrast, GoodEgg (GEGG) offers more than just hype. It is a utility-driven project with an AI-based dating platform that leverages blockchain for security and privacy. The project’s innovative approach to online dating has sparked interest from investors who see it as a real-world solution with significant potential for user adoption.
GoodEgg’s presale has already raised over $495,000, showing that investors are eager to get in early on this project. The platform’s combination of blockchain security and AI matching technology provides a fresh approach in a saturated online dating market, which is expected to grow significantly in the coming years.
Experts Predict 100x Gains and Long-Term Scalability
Market analysts are now predicting that GoodEgg (GEGG) has the potential to generate 100x returns for early investors, particularly as its platform begins to attract more users and integrates additional features. The scalability of GoodEgg (GEGG) in the dating industry, combined with its AI-driven capabilities, gives it an edge over traditional meme coins like Bonk (BONK).
While Bonk (BONK) struggles to maintain its market position, GoodEgg (GEGG) is gaining traction among both retail and institutional investors. The whale’s entry into GoodEgg (GEGG) has further validated the project’s potential, with many now looking at it as the next big thing in the crypto space.
As the presale continues, those who missed out on Bonk (BONK) during its early days are now looking at GoodEgg (GEGG) as their next opportunity for massive gains. With strong fundamentals and a clear roadmap, GoodEgg (GEGG) is positioned to become a major player in the crypto market, leaving Bonk (BONK) in the dust as it builds a long-term, sustainable future.
Join GoodEgg (GEGG) For More Information On Presale, Use links below to join our community:
Visit GoodEgg (GEGG)
Telegram: https://t.me/GEGG_OFFICIAL
X/Twitter: https://x.com/GoodEggToken
FIDA and MEW, cryptocurrencies based on the Solana blockchain, saw noteworthy positive sentiment on Thursday as they secured vital listings. Solana Name Service (FIDA) secured a listing on Binance, whereas cat in a dogs world (MEW) scored a listing on Upbit. These listings have garnered significant attention globally as the tokens’ prices skyrocketed 25%-30% in tandem with the announcement.
Solana Tokens FIDA & MEW Secure Vital Listings On Binance & Upbit
According to official announcements by the mentioned exchanges on September 19, both the tokens are set to witness particular listings today. As per Binance’s official announcement, the crypto exchange is set to launch FIDAUSDT USD-Margined perpetual contract today at 12:30 UTC. Simultaneously, Upbit’s announcement revealed that it listed MEW with BTC and USDT pairs on the same day.
Intriguingly, Binance revealed that it listed FIDA with up to 75x leverage for users on the platform. Further, the crypto exchange set the capped funding rate at +2.00% / -2.00%.
Simultaneously, Upbit Korea listed cat in a dogs world within BTC and USDT markets. The Asian crypto exchange revealed that it will also add transaction support starting today.
The Solana coins listings have primarily sparked market optimism over future movements, paving the way for new money inflow into the tokens.
Tokens’ Prices Rocket Over 25%
Simultaneously, FIDA price gained nearly 45% against the backdrop of Binance’s listing announcement. The coin rested at $0.3243 today with an intraday low and high of $0.2204 and $0.3297, respectively.
Similarly, MEW price pumped nearly 26% to reach $0.00533 riding the back of Upbit listing. The coin’s 24-hour low and high were $0.00407 and $0.005728, respectively.
Meanwhile, the rising price action primarily aligns with today’s listing announcements, as seen with numerous tokens previously. CoinGape Media reported Kadena (KDA) price surged nearly 30% with its futures listing on Binance.
Also, another report reveals that PEPE and BRETT prices pumped notably on their listings on Upbit. Altogether, the exchanges’ listings rationalize today’s massive price gains.
Simultaneously, Coinglass data illustrated an 82% surge in MEW’s futures OI to $76.31 million. Additionally, the coin’s derivatives volume skyrocketed 531% to $735.63 million today. This surge has projected further optimism for the Solana-based token. Also, it’s worth noting that Solana (SOL) price upsurged 8% to trade at $140 today.
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.
XRP News: Ripple-partner SBI Holdings has confirmed participation in Project Agora, a joint initiative led by the Bank for International Settlements (BIS) and seven central banks. XRP community reacted to the development due to speculation of potential integration or alignment for the cross-border payments over a unified ledger initiative.
Ripple Partner SBI Reveals Participation in BIS-Led Project Agora
In a press release on September 19, SBI Holdings revealed participation by the bank in Project Agora. Ripple’s partner participation the initiative brings XRP in the spotlight as the bank is a key partner for XRP and XRP Ledger adoption.
Project Agora is an initiative jointly led by the Bank for International Settlements (BIS) and central banks to improve the functionality of cross-border transactions through tokenization. The central banks are Banque de France, the Bank of Japan, the Bank of Korea, the Bank of Mexico, the Swiss National Bank, the Bank of England, and the Federal Reserve Bank of New York.
“Through this project, we hope to improve the functionality of the financial system while maintaining the two-tiered structure of central bank money and private bank deposits, and provide new solutions that utilize smart contracts and programmability, thereby providing highly convenient services in cross-border transactions.”
The BIS/SWIFT-led initiative uses digital tokens representing assets, on a unified ledger, with smart contracts. The Institute of International Finance has convened 41 private sector institutions such as JPMorgan, Standard Chartered, Sygnum Bank, Visa, Mastercard, Citi, and HSBC.
XRP News: Token and XRPL In the Spotlight
While the initiative to revolutionize cross-border payments through tokenization doesn’t specifically mention XRP and XRP Ledger, the community believes Ripple’s technology aligns with Agora Project.
Ripple has focused on exploring the possibilities of tokenization on the XRP Ledger. In June, the company partnered with Archax to bring tokenized real-world assets (RWA) onto the XRP Ledger.
Moreover, the unified ledger concept resonates with Ripple’s Interledger Protocol (ILP), which connects banks and blockchains. This suggests a potential role for Ripple’s technology in the framework, if not XRP directly.
XRP community claims Ripple and BIS and several central banks have collaborated earlier for developments including central bank digital currencies (CBDC). Currently, Ripple CEO Brad Garlinghouse said that the company is seeking adoption in traditional finance.
XRP price jumped 2% in the past 24 hours, with the price currently trading at $0.58. The 24-hour low and high are $0.563 and $0.589, respectively. Furthermore, the trading volume has increased by 25% in the last 24 hours, indicating a rise in interest among traders.
Notably, Ripple is also a leader in remittance. If it captures 50% of the global remittance market, which is projected to reach $11.53 trillion in 2024 and $16.59 trillion by 2028, XRP price could even hit $5.
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.
$1.6 Billion in Bitcoin and Ethereum Options Expire After Fed Cut
CFTC Appeals Decision Favoring Kalshi On Election Betting Contracts
Crypto Pundit Predicts Historical 9,468% Pump To $27
Coinbase CLO Debunks SEC Crypto Asset Security Claims Before Gensler Hearing
Crypto Brands Return to Sports Sponsorships With 26 Deals
Texas Court Dismisses Consensys Suit Against SEC on Procedural Basis
TON Foundation’s Plan to Onboard 500 Million Users
Are Solana, Cardano, Polygon Commodities As US SEC Ends Ethereum Investigation?
CFTC Appoints Dr. Ted Kaouk as First Chief AI Officer
New And Upcoming NFT Projects
2.52 Million Altcoins Are Ruining Crypto’s Future
BLUR Is Down 30%, And Whales Are To Blame–Here’s Why
TON Foundation’s Plan to Onboard 500 Million Users
Are Solana, Cardano, Polygon Commodities As US SEC Ends Ethereum Investigation?
CFTC Appoints Dr. Ted Kaouk as First Chief AI Officer
New And Upcoming NFT Projects
2.52 Million Altcoins Are Ruining Crypto’s Future
BLUR Is Down 30%, And Whales Are To Blame–Here’s Why
-
Market3 months ago
TON Foundation’s Plan to Onboard 500 Million Users
-
Altcoin3 months ago
Are Solana, Cardano, Polygon Commodities As US SEC Ends Ethereum Investigation?
-
Regulation5 months agoCFTC Appoints Dr. Ted Kaouk as First Chief AI Officer
-
NFT3 months agoNew And Upcoming NFT Projects
-
Altcoin3 months ago2.52 Million Altcoins Are Ruining Crypto’s Future
-
NFT3 months agoBLUR Is Down 30%, And Whales Are To Blame–Here’s Why
-
Blockchain5 months agoHong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
-
Market3 months agoEthena (ENA) Whale Faces $13M Loss With 30% Token Drop
✓ Share: