Altcoin
A.I Gambling Cryptocurrency Attracts IMX Whales, Leading To Immuatable X Investors Dumping Profits
In the world of cryptocurrency, every new innovation has the potential to disrupt the market—and that’s precisely what’s happening with Mpeppe (MPEPE), a cutting-edge AI-powered gambling cryptocurrency that has captured the attention of major Immutable X (IMX) investors. In a surprising turn of events, Immutable X (IMX) whales are dumping their profits and turning to Mpeppe (MPEPE), seeking to capitalize on its high-reward casino platform and advanced AI integration. This shift in investor sentiment is shaking up the market, as Mpeppe (MPEPE) emerges as a serious contender in the decentralized gaming space.
Mpeppe (MPEPE): Revolutionizing Crypto Gaming with AI
At the heart of Mpeppe’s (MPEPE) appeal is its innovative use of artificial intelligence in the gambling sector. The platform’s AI algorithms optimize gaming experiences, offering players tailored recommendations and personalized rewards based on their gameplay. This level of customization is unprecedented in the world of decentralized casinos, and it has captured the attention of high-net-worth investors, including Immutable X (IMX) whales.
What makes Mpeppe (MPEPE) even more attractive is its decentralized nature. Built on Ethereum, the platform offers transparency and fairness, with all transactions recorded on the blockchain. Players can gamble using MPEPE tokens, earn rewards, and participate in staking opportunities—all while enjoying the security and efficiency of blockchain technology.
For Immutable X (IMX) whales, the opportunity to capitalize on Mpeppe (MPEPE)’s AI-powered gaming platform is too good to pass up. By dumping their Immutable X (IMX) profits and moving them into Mpeppe (MPEPE), these investors are betting on the long-term success of the platform, which has already shown significant potential in its early stages.
Immutable X (IMX): The Giant That Faces New Challenges
Immutable X (IMX) has long been a leader in the NFT ecosystem, known for its ability to scale Ethereum’s capabilities through zk-rollups. The platform allows for fast, secure, and low-cost transactions, making it a favorite for NFT creators and traders alike. With a market cap of $2.48 billion, Immutable X (IMX) has solidified its place as one of the top Layer 2 solutions.
However, the upcoming token unlock—releasing 32.47 million Immutable X (IMX) tokens worth $53.58 million—has some investors on edge. With fears of a potential price drop after the unlock, many Immutable X (IMX) whales are rethinking their strategies. While Immutable X (IMX) continues to perform well in the NFT market, the rise of Mpeppe (MPEPE) and its unique AI gambling platform has created an alluring alternative for those looking to diversify their portfolios and maximize profits.
Why IMX Whales Are Flocking to Mpeppe
The decision by Immutable X (IMX) whales to shift their profits into Mpeppe (MPEPE) is a strategic move driven by the high-growth potential of the AI gambling market. While Immutable X remains a strong player in the NFT space, its upcoming token unlock event has led some investors to seek out higher-risk, higher-reward opportunities. Mpeppe (MPEPE), with its AI-driven approach to gaming and decentralized structure, offers just that.
The gambling industry, already valued at over $100 billion, is ripe for disruption, and Mpeppe (MPEPE) is positioning itself as a leader in this space. By combining AI technology with blockchain, Mpeppe (MPEPE) is able to offer a level of sophistication and transparency that traditional online casinos simply can’t match. For Immutable X (IMX) whales, this represents a chance to get in on the ground floor of what could be the next big thing in decentralized gaming.
The Future of Immutable X and Mpeppe
As Immutable X (IMX) continues to lead the charge in the NFT space, it is clear that competition is heating up. The rise of Mpeppe (MPEPE) and its AI-powered gambling platform has attracted significant attention from high-net-worth investors, leading to a shift in market dynamics. While Immutable X (IMX) whales are diversifying their portfolios, Mpeppe (MPEPE) is gaining traction as a serious contender in the world of decentralized gaming.
For those looking to invest in the future of cryptocurrency, Mpeppe (MPEPE) represents a unique opportunity to capitalize on the growing intersection of AI and blockchain technology. With its transparent, decentralized casino platform and the backing of major investors, Mpeppe (MPEPE) is poised to become a major player in the crypto space—challenging the dominance of platforms like Immutable X and revolutionizing the way we think about gaming and cryptocurrency.
For more information on the Mpeppe (MPEPPE) Presale:
Visit Mpeppe (MPEPPE)
Join and become a community member:
https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ
The Ethereum price has surged more than 7% recently, with recent indicators hinting towards a potential ETH rally to $10K ahead. Notably, the recent surge also indicates a bullish momentum for the crypto ahead. So, here we explore some of the top indicators that could propel an ETH price surge ahead.
5 Indicators To Watch For Ethereum Price Rally Ahead
A recent X post from top on-chain analytics platform IntoTheBlock highlighted that Ethereum often follows Bitcoin’s rallies. While mixed signals exist, certain metrics suggest optimism. The platform noted that whales continue accumulating ETH, indicating confidence in the asset’s long-term growth. Increased transaction volumes and minimal selling pressure from holders are also contributing to Ethereum’s positive outlook.
In addition, one critical indicator is daily transactions, which recently rose to 1.22 million from 1.1 million three months ago. This slight uptick reflects growing network activity and rising demand for Ethereum.
Another key metric is large holder netflow, which tracks the buying activity of whales. When whales accumulate, it reduces sell-side pressure and supports price appreciation. Short-term holder behavior also warrants attention.
Meanwhile, increased activity among short-term investors often aligns with heightened retail interest. The holding time of transacted coins is another bullish sign. A steady hold time suggests that long-term investors are retaining their assets, keeping supply constrained as demand grows.
Lastly, exchange flows reveal sentiment trends. Significant outflows from exchanges typically indicate accumulation, signaling confidence among investors.
ETH Rally To $10K Imminent?
ETH price today was up nearly 8% and exchanged hands at $3,343, while its one-day trading volume rocketed 61% to $45.19 billion. In addition, Ethereum Futures Open Interest also rose more than 13%, indicating a strong market confidence towards the crypto.
Amid this, a top crypto market expert predicts ETH price to hit $10K in the coming days, sparking market speculations. However, despite that, a recent Ethereum price analysis hints that the top altcoin should soar past the $4K mark, before its further rally.
Having said that, a flurry of crypto market experts anticipates the crypto to continue its rally in the coming days. In addition, as BTC hits a new ATH recently, the market pundits expect the altcoins to follow suit, especially amid soaring optimism towards a clear regulatory path after Donald Trump’s election win.
Rupam Roy
Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam’s expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news.
Rupam’s career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.
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.
Ripple SEC Lawsuit: The US Securities and Exchange Commission (SEC) hinted at “digital asset securities” claims amid the appeal in the Second Circuit Court. The move comes as XRP price surpassed $1 and expected a rally to $2 on Gary Gensler’s resignation and the end of XRP lawsuit during Donald Trump’s presidency.
US SEC Hints At Digital Asset Securities Claims In Ripple Lawsuit
In a PLI’s 56th Annual Institute speech last week, SEC Chair Gary Gensler reiterated “Bitcoin is not a security.” He also cleared the intention to continue considering XRP as security as he didn’t mention it along with “Bitcoin, ether, and stablecoins.”
“Our focus, rather, has been on some of the 10,000 or so other digital assets, many of which courts have ruled were offered or sold as securities. Putting this in context, aside from bitcoin, ether, and stablecoins, the rest of this market approximates $600 billion.”
Crypto lawyer James Murphy, also known as MetaLawMan slammed the US SEC for using the term “digital asset securities” again in an X post on Wednesday. Gensler and the SEC disregarded the court’s order on XRP security status in the Ripple SEC Lawsuit. This indicates that the agency failed to comply with its recent apology for using the term “crypto asset securities” in lawsuits.
Here we go again “digital asset securities.”
Unbelievable. https://t.co/vqCbEJ9PNh— MetaLawMan (@MetaLawMan) November 20, 2024
The regulator appealed the summary judgment on XRP sales by Ripple, XRP distribution to employees and others by the company, and XRP sales on exchanges by CEO Brad Garlinghouse and Executive Chairman Chris Larsen. However, the recent crypto narratives amid President-elect Trump has sparked speculation of the end of SEC v Ripple lawsuit.
Will XRP Lawsuit Get Dismissed?
The crypto community called for the dismissal of the long-running Ripple SEC lawsuit and resignation of SEC Chair Gary Gensler. Also, Ripple CEO Brad Garlinghouse said he is expecting a resolution or end of the SEC lawsuit after Trump’s win.
Ripple CTO David Schwartz cleared that the company is legally obligated to Ripple shareholders and not XRP holders. While Ripple can work around legal clarity around XRP and digital assets, the prices of digital assets don’t depend on the efforts of the company. Schwartz and lawyers assert XRP lawsuit will likely get dismissed or settled with $125 million.
Meanwhile, lawyer Bill Morgan asserted that the price of XRP is not influenced by Ripple’s efforts as seen by long-term investors. Notably, Gensler’s hint at resignation and the potential end of Ripple SEC lawsuit triggered an XRP price rally to $1.
XRP Price Rally to $2
XRP price is currently holding at 0.702 Fib retracement level. Any strong upside momentum can trigger the next move to the $1.6–$2. The strong sentiment in the XRP community and Trump’s crypto policies will maintain bullishness in the crypto market.
Popular analyst CredibleCrypto suggests XRP will probably going to make new ATH “a lot quicker than most are expecting.” XRP/ETH just reclaimed and retested a 4-year long-range in the monthly chart, which signals a 250% higher target. He predicted a target of $2.
XRP price jumped over 1% in the past 24 hours and 60% in a week, with the price currently trading at $1.13. The 24-hour low and high are $1.07 and $1.15, respectively. Furthermore, the trading volume has increased by 7% in the last 24 hours, indicating a rise in interest among traders.
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.
Amid a highly bullish DOGE market witnessed recently, Dogecoin whales’ action to heavily accumulate the token has garnered significant attention among traders and investors globally. On-chain data indicates over 500 million coins were bought from crypto exchanges, signaling increased market confidence in the asset’s long-term prospects. In the wake of this market statistic amid a bull market, crypto watchers anticipate a staggering 9000% gain in the dog-themed coin’s price ahead.
Dogecoin Whale Accumulation Spikes As Over 500M Coins Bought Recently
As per an X post by the renowned crypto market analyst Ali Martinez on November 21, Dogecoin whales bagged over 550 million tokens, worth $214.5 million, from crypto exchanges over the past week. This massive purchase has put significant buying pressure on the asset, pointing out the potential for considerable upside movement ahead.
Notably, the leading dog-themed meme crypto already surfs bullish tides, primarily attributable to the broader market events. Mainly, with Elon Musk’s taking the D.O.G.E. (Department of Government Efficiency) role under Donald Trump’s cabinet, market sentiments surrounding the meme coin have turned highly bullish.
Aligning with this endeavor, a recent CoinGape Media report reveals that D.O.G.E leads Elon Musk and Vivek Ramaswamy further outlined a strategy to reduce the federal workforce under Trump’s presidency. This saga garnered significant attention to the meme coin which is also much touted by Musk. It’s noteworthy that Elon and Vivek are also starting a podcast named “dogecast.” These chronicles, in turn, bring substantial attention to Dogecoin.
Simultaneously, in light of these broader events and the massive buying pressure brought by whales, market watchers foresee a phenomenal rally ahead.
DOGE To Soar 9000% Ahead?
At press time, DOGE price gained slightly by 0.5% intraday and is resting at $0.387, amid a surge in Dogecoin whale activity. The coin’s 24-hour low and high were $0.3666 and $0.3956, respectively. Notably, the monthly chart for the meme coin showcases gains worth 173%. This bullish movement has sparked further investor curiosity despite the recent turbulent performance.
Notably, leading crypto analyst Ali Martinez further spotlights that for DOGE to finally witness a 9,000% parabolic rally, 40% to 50% corrections are sure to be expected. This bullish projection rides the back of historical trends, as the meme coin witnessed a 9,470% pump in 2017 with two major corrections of 40% and another at 84%. In addition, recent on-chain data also indicates a potential rally for top meme coins like DOGE, SHIB, and others, in the coming days.
Subsequently, the coin skyrocketed 30,700% in 2021, seeing two key pullbacks of 46% and 53%. These statements indicate substantial potential for Dogecoin to pump ahead in the light of a broader bull meme coin market, further accompanied by massive whale accumulations.
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.
Trump Media Files Trademark for Crypto Platform TruthFi
UK to unveil crypto and stablecoin regulatory framework early next year
Banana Gun Rises After Justin Sun’s $6.2 Million Art Purchase
Cardano (ADA) Price Hits 41% Weekly Growth, $1 Target in Sight
Why SUI Network Outage Did Not Cause a Price Crash
Analyst Reveals When The Ethereum Price Will Reach A New ATH, It’s Closer Than You Think
2.52 Million Altcoins Are Ruining Crypto’s Future
Animoca Brands Valuation Tanks 75% In Two Years, Here’s Why
Crypto exchange BingX hacked for $43 million
Are The Big Players Losing Interest?
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
Coinbase cbBTC Set to go Live on Solana
2.52 Million Altcoins Are Ruining Crypto’s Future
Animoca Brands Valuation Tanks 75% In Two Years, Here’s Why
Crypto exchange BingX hacked for $43 million
Are The Big Players Losing Interest?
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
Coinbase cbBTC Set to go Live on Solana
-
Market18 hours agoThis is Why MoonPay Shattered Solana Transaction Records
-
Ethereum15 hours agoFundraising platform JustGiving accepts over 60 cryptocurrencies including Bitcoin, Ethereum
-
Regulation22 hours agoUS SEC Pushes Timeline For Franklin Templeton Crypto Index ETF
-
Market22 hours agoRENDER Price Soars 48%, But Whale Activity Declines
-
Regulation21 hours agoBitClave Investors Get $4.6M Back In US SEC Settlement Distribution
-
Market21 hours agoNvidia Q3 Revenue Soars 95% to $35.1B, Beats Estimates
-
Market20 hours agoDogecoin (DOGE) Price Momentum Weakens Despite Rally
-
Altcoin20 hours agoCrypto Analyst Says Dogecoin Price Has Entered Parabolic Surge To $23.36. Here Are The Reasons Why
✓ Share: