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XRP Investors No Longer Believe Turn To New Gambling Token For 100x Profits
The cryptocurrency market is a landscape of ever-shifting sentiments, where yesterday’s favorite can quickly fall out of favor, and new opportunities arise almost overnight. Ripple (XRP), once hailed as the savior of cross-border transactions, is facing skepticism among its investors despite its ambitious global aspirations. With Ripple’s latest developments, including the introduction of the RLUSD stablecoin and attempts to position XRP as a global currency, some investors are losing confidence and turning their attention to new opportunities, such as the rising gambling token Mpeppe (MPEPE), which promises the potential for 100x profits.
Ripple (XRP): Ambitious Plans, Uncertain Future
Ripple (XRP) has long been a cornerstone of the cryptocurrency market, particularly for its role in facilitating fast, low-cost international payments. Recent developments have seen Ripple making bold moves to cement its position as a global financial player. The introduction of RLUSD, a stablecoin backed by the US dollar, and the adoption of XRP Ledger for transactions by BRICS nations like India and the UAE are noteworthy strides.
However, these ambitious plans come with significant uncertainty. The RLUSD stablecoin, currently in its beta testing phase, is being trialed on both the XRP Ledger and Ethereum, raising questions about regulatory approval and market acceptance. Additionally, the shift by BRICS countries away from the US dollar to using XRP Ledger for oil payments marks a significant departure from traditional financial systems. While these moves signal Ripple’s global ambitions, they also introduce new risks that have some investors feeling uneasy.
Further compounding the uncertainty is Ripple’s grand vision for the future, as articulated by Yoshitaka Kitao, CEO of SBI Holdings. Kitao envisions XRP becoming a standard payment method in Japan by 2025, with all transactions passing through Ripple’s xRapid system. While this is an exciting prospect, the road to widespread adoption is fraught with regulatory challenges and the need for significant infrastructural changes, making some investors wary of Ripple’s ability to deliver on these promises.
Enter Mpeppe (MPEPE): The New Gamble for High Returns
As Ripple (XRP) grapples with these challenges, a new contender has emerged in the cryptocurrency space: Mpeppe (MPEPE), a gambling token that has captured the attention of those looking for high-risk, high-reward investments. Mpeppe (MPEPE), currently in its presale phase, has already shown strong promise with its potential for 100x returns, attracting investors who are eager to diversify away from the uncertainty surrounding Ripple.
Mpeppe (MPEPE) is designed as a token within the online gambling ecosystem, offering unique benefits to its holders. Unlike many speculative assets in the crypto space, Mpeppe has a clear use case that taps into the lucrative online gambling industry, which continues to grow rapidly worldwide. The token’s appeal lies in its dual function: it can be used both as a utility token within gambling platforms and as a speculative asset with the potential for significant appreciation in value.
The early success of Mpeppe (MPEPE)’s presale, with over $935,892 raised and more than 64.85% of tokens sold, reflects the growing interest in this project. Investors who are weary of the uncertain future of Ripple (XRP) are drawn to the straightforward value proposition of Mpeppe—a token that offers the excitement of gambling combined with the potential for substantial financial gain.
Why XRP Investors Are Making the Shift
The shift from Ripple (XRP) to Mpeppe (MPEPE) among investors can be attributed to several factors:
- Regulatory Uncertainty: While Ripple (XRP) is navigating complex regulatory landscapes, particularly with its RLUSD stablecoin, Mpeppe operates in a space that is less encumbered by these challenges. The gambling industry, while regulated, offers clearer pathways for growth, especially in the digital age.
- Potential for Exponential Returns: Mpeppe (MPEPE) promises the kind of exponential returns that early Ripple (XRP) investors once dreamed of. The prospect of 100x profits is highly enticing, especially when compared to the slower, more uncertain gains that XRP might offer as it seeks global financial dominance.
- Clear Use Case and Growing Industry: Mpeppe’s focus on the online gambling industry—a sector with immense growth potential—provides a clear and compelling use case. This is in stark contrast to the broader and more ambitious, yet uncertain, goals of Ripple (XRP) as it tries to position itself as a global currency.
Conclusion: A New Era of Investment
As the crypto market continues to evolve, so too do the opportunities for profit. Ripple (XRP) remains a significant player with ambitious plans that could reshape the global financial landscape. However, the uncertainty surrounding these plans has led some investors to seek alternatives.
Mpeppe (MPEPE) represents one such alternative, offering a high-risk, high-reward proposition that is increasingly appealing to those who are no longer confident in XRP’s long-term potential. With its strong presale performance and clear use case within the online gambling industry, Mpeppe is quickly becoming the go-to token for investors looking to 100x their wealth.
For those willing to take a gamble, Mpeppe (MPEPE) offers a fresh and exciting opportunity—one that could very well deliver the kind of profits that Ripple (XRP) once promised, but with a more straightforward and immediate path to potential success.
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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:
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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.
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