Altcoin
Dogecoin Investors Panic As Mpeppe Enters A New Stage As They Look To Secure Their Bag
As the cryptocurrency market continues to be as unpredictable as ever, Dogecoin (DOGE) investors are now facing a critical juncture. The once-celebrated meme coin has seen some recovery but remains under pressure, leading many to reevaluate their investment strategies. Meanwhile, Mpeppe (MPEPE), a rapidly rising meme coin, has entered a new stage in its presale, sparking a wave of interest from investors eager to secure their position before the next price hike.
The Current State of Dogecoin (DOGE)
Dogecoin (DOGE) has had a turbulent ride in recent weeks. After dipping to a low of $0.082, the coin has made a partial recovery, trading around $0.104 at the moment. Despite this bounce back, the long-term outlook for Dogecoin (DOGE) remains uncertain. The coin is currently trading below its 50- and 200-day moving averages, indicating potential bearish momentum in the market. For Dogecoin to hit its yearly high of $0.20 by the end of Q4, it will need to maintain its recent momentum and break through significant resistance levels.
While Dogecoin (DOGE) has turned the $0.10 resistance into support, the crypto market’s overall volatility has led many investors to seek more promising opportunities. The sheer size of Dogecoin’s market capitalization also means that the potential for massive returns, like those seen in earlier cycles, is diminishing. This has led some investors to shift their focus to newer, high-potential tokens like Mpeppe (MPEPE).
Mpeppe (MPEPE) – The Rising Star
Mpeppe (MPEPE) has quickly emerged as one of the most talked-about new tokens in the meme coin space. Currently, in its third presale stage, MPEPE has garnered significant attention due to its innovative approach and the potential for substantial returns. The Mpeppe (MPEPE) presale has been met with overwhelming demand, with a significant percentage of the tokens already sold.
Investors are flocking to Mpeppe (MPEPE) not just because of the hype but due to its unique value proposition. Unlike Dogecoin (DOGE), which has faced challenges in maintaining its momentum, Mpeppe (MPEPE) offers a fresh opportunity for those looking to ride the wave of the next big meme coin. The token’s structure, designed to maximize investor returns, combined with its strong community support, makes it an attractive option for those looking to diversify their crypto portfolios.
As Mpeppe (MPEPE) enters this new stage of its presale, investors are scrambling to secure their positions before the next price increase. The FOMO (Fear of Missing Out) is real, and many Dogecoin investors are starting to panic, worried that they might miss out on the next big opportunity in the meme coin market.
Rollblock and Other Emerging Tokens
The crypto market is always on the lookout for the next big thing, and Rollblock, a crypto-casino token, is another contender gaining traction. However, with its massive market cap, Dogecoin (DOGE) seems to have reached a point of diminishing returns. This has led to increased interest in newer, more innovative projects like Mpeppe (MPEPE), which offer a higher potential for exponential growth.
Rollblock’s innovative play-to-earn (P2E) concept, combined with its staking feature, has the potential to create a significant supply shock, driving up demand and price. However, for many, Mpeppe remains the more enticing option due to its strong presale performance and the potential for rapid gains.
Conclusion: The Shift from Dogecoin to Mpeppe
As Dogecoin (DOGE) investors look to secure their profits and position themselves for future gains, Mpeppe is quickly becoming the go-to alternative. The panic among Dogecoin (DOGE) holders is palpable, as they rush to invest in Mpeppe before the presale ends and the token enters the open market. With Dogecoin (DOGE) facing an uncertain future and Mpeppe showing all the signs of a potential breakout star, the shift in investor sentiment is clear.
For those looking to make the most of the current market conditions, Mpeppe (MPEPE) presents a unique opportunity to capitalize on the next big meme coin wave. The smart contract address for Mpeppe (MPEPE) is 0xd328a1C97e9b6b3Afd42eAf535bcB55A85cDcA7B, allowing investors to easily participate in this exciting new presale. As the market continues to evolve, the race is on to secure the next big bag in the crypto space.
For more information on the Mpeppe (MPEPE) Presale:
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The crypto universe has concluded yet another week, primarily with riveting developments unfolding across the broader sector. Bitcoin (BTC) continues to pump, hitting a new ATH this week. Simultaneously, Ripple’s XRP garnered significant market attention, recording considerable gains. The broader market continues to leverage investor optimism post-U.S. elections that saw Donald Trump reelected as the president.
Here’s a brief collection of some of the top cryptocurrency market headlines that have significantly impacted investor sentiment over the past seven days.
BTC Hits New ATH Amid Bull Crypto Market
BTC price hit a new ATH near the $100K level this week, echoing a buzz across the broader sector. Notably, the flagship coin gained roughly 10% over the past week to hit an ATH of $99,655. Attributable to this bullish movement post-U.S. elections, Rich Dad Poor Dad author Robert Kiyosaki shared a bold prediction for the coin, anticipating its price to hit $13 million.
Simultaneously, the crypto also saw heightened institutional interest amid its bullish movement, underscoring the potential for further gains. Aligning with this heightened market interest, biopharmaceutical firm Hoth Therapeutics forged ahead with BTC buying plans, sparking additional optimism surrounding the crypto.
Meanwhile, Bitcoin miner MARA completed its $1 billion private offering this week, with some of the proceeds set to be used to buy more BTC. Overall, the flagship coin leveraged significant buying pressure this week, paving a bullish path for future movements.
Ripple’s XRP Steals Attention
On the other hand, XRP’s price witnessed gains worth 40% over the past week, cementing investor optimism amid a bullish digital asset sector. Notably, XRP whales accumulated nearly $526M worth of the token this week, indicating that the Ripple-backed coin could pump higher. Veteran trader Peter Brandt predicted amid this bullish movement that a parabolic rally for the crypto also lies ahead.
Further, Ripple CEO Brad Garlinghouse conveyed bullish sentiments on XRP and a possible end to the SEC lawsuit, primarily attributable to the newly appointed U.S. Treasury Secretary Scott Bessent. Simultaneously, the Ripple vs. SEC lawsuit saw the regulator and FINRA trying to bring “digital asset securities” claims. This mover comes against the backdrop of XRP’s rally to $1, with speculations of a looming $2 target on SEC Chair Garu Gensler’s exit.
Overall, these market updates have sparked significant investor enthusiasm over the crypto realm’s future action, with market watchers being optimistic.
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.
Crypto analyst Behdark has predicted that the XRP price can reach $28. This prediction follows his Elliot Wave theory analysis, which also showed when the crypto will reach this double-digit price target.
When XRP Price Will Reach Double Digits
In a TradingView post, Behdark’s Elliot Wave theory analysis showed that the XRP price can reach double digits by 2026. The analyst’s accompanying chart showed that the first double digits target for XRP will be $15, after which the crypto could eventually rally to $28. Behdark also provided more insights into XRP’s current price action and why this rally could happen.
First, the analyst mentioned that the XRP price looks to be currently within a running triangle. In line with this, Behdark remarked that wave D might complete its movement by hunting the all-time high (ATH) at $3.84. He mentioned that there could be a price correction for wave E afterward.
Once that XRP price correction happens, Behdrak predicts the next move will be the post-pattern movement targeting a level above $15. This is where the price target of $28 comes into the picture, as the analyst’s accompanying chart shows it is a feasible target for the crypto, although it might not happen in this market cycle.
An XRP price rally to $28 would mean that the crypto would have a market cap of $2.8 trillion. However, Behdrak suggested that this was still feasible. He noted that his focus was on chart analysis and not fundamentals, even though fundamentals are reflected in the chart itself.
Meanwhile, the analyst told market participants that if a clear and identifiable pattern emerges when the XRP price reaches wave E of the triangle, they could position themselves for the main move to double digits.
A Confirmation Of This Double Digit Target
Crypto analyst Dark Defender also recently shared an Elliot Wave theory analysis, which showed that the XRP price could indeed reach double digits. Specifically, the analyst’s accompanying chart showed that XRP could rally as high as $18 when the wave 5 impulsive move occurs.
Interestingly, unlike Behdark’s chart, which showed that the rally to double digits would happen in 2026, Dark Defender’s chart showed that the rally to $18 could happen as early as mid-2025. Meanwhile, the analyst said that the XRP price is currently in the third wave, with the crypto expected to rally to $5 when this next impulsive move occurs.
Afterward, the XRP price is expected to witness a corrective move that will cause it to drop to as low as $4. The next impulsive move after this could send XRP to the $18 target.
At the time of writing, the XRP price is trading at around $1.55, up over 10% in the last 24 hours, according to data from CoinMarketCap.
Featured image created with Dall.E, chart from Tradingview.com
A crypto trader made a $2.5M profit today by turning 13 SOL into 9,718 SOL through trading 76.46M FATHA tokens. The trader bought the tokens on Pump.fun, capitalizing on a rapid increase in FATHA’s market cap, which surged to over $60M. The trader sold the tokens at the peak, realizing a 750x return.
Trader Makes $2.5M Profit Trading FATHA Token
The crypto trader turned 13 SOL (around $3.3K) into 9,718.5 SOL, making a $2.5M profit by trading 76.46M Slopfather (FATHA) tokens. On November 23, the trader purchased the tokens on Pump.fun, and within 40 minutes, FATHA’s market cap surged to over $60M. After holding the tokens, the trader sold them at the highest point, securing a 750x return.
The trader capitalized on the rapid market shift and seized the opportunity to make a significant profit. As per solscan, 9,500 SOL was swapped for USDC and bridged to Ethereum, demonstrating how quickly substantial profits can be made in the volatile meme coin market. The trade reflects the growing influence of meme coins on the Solana blockchain.
On-chain data indicates that the wallet involved in this trade may belong to BT (@cooksassistant), who has traded 60 tokens over the past three days. With a win rate of 42.37%, BT has generated $2.7M in total profit.
What a lucky trader!!!
6 hours ago, this trader sniped 76.46M $FATHA for just 2.93 $SOL ($765).
Currently, these $FATHA are worth $2.7M. The sniper has made x3483.https://t.co/MVgcAnWR1R pic.twitter.com/seXfdgAq6r
— Onchain Lens (@OnchainLens) November 23, 2024
FATHA Token Surge and Solana’s Meme Coin Boom
Slopfather (FATHA) token has surged to $0.03841, with a market cap of $38 million, allowing the crypto trader to book a massive profit. Its 24-hour trading volume is $156 million, reflecting a 4000% increase in the last 24 hours. This dramatic rise shows the growing demand for meme coins in the crypto market.
Solana’s blockchain is becoming a top platform for meme coin launches. Projects like PNUT, WIF, GOAT, and BONK are leading the way. Additionally, Arthur Hayes’ endorsement of the Solana-based FLOWER coin boosted interest, driving the growth of meme coins on Solana.
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.
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