Connect with us

Altcoin

BEAM vs Mpeppe: Beam Price Predictions and Analysis, Turn $1,000 To $10,000 With Beam

Published

on


Cryptocurrency investors are always on the lookout for the next big opportunity to turn small investments into substantial returns. One of the most promising tokens in 2024 is Beam (BEAM), a privacy-focused cryptocurrency that has been gaining traction thanks to its strong technological foundations and partnerships. Meanwhile, Mpeppe (MPEPE), an A.I-driven casino cryptocurrency, is offering a unique high-reward opportunity for those willing to take the plunge early. In this article, we’ll dive into Beam’s price predictions and explore whether you can turn $1,000 into $10,000 with this privacy token.

Beam Price Analysis and Predictions

Beam (BEAM) has experienced a steady rise in 2024, thanks in part to its focus on privacy and scalability. The cryptocurrency is built on the Mimblewimble protocol, ensuring confidential and secure transactions. Recently, Beam (BEAM) has made headlines with a 12% price surge, climbing to $0.0141. This increase has sparked renewed interest among investors who are looking to capitalize on its potential for further growth.

According to technical analysis, Beam (BEAM) could see its price rise by as much as 225.09%, potentially reaching $0.046514 by mid-October 2024. Short-term predictions suggest that Beam (BEAM) could experience an increase of 12.15% over the next week, bringing its price to $0.016046. For investors who got in early, this represents a substantial return on investment, with the potential to turn $1,000 into $10,000 if the bullish trend continues.

One of the key factors driving Beam (BEAM)’s growth is its integration into the Web3 gaming space. Beam (BEAM) has partnered with WAGMI Games, bringing its privacy-focused technology to the gaming industry. This partnership is expected to boost demand for Beam (BEAM), particularly as the gaming sector continues to grow. As more developers and players seek out secure, decentralized gaming platforms, Beam (BEAM) is well-positioned to capture a significant share of the market.

Why Beam Could Surge in 2024

There are several reasons why Beam (BEAM) could see significant growth in 2024:

  1. Privacy and Scalability: As concerns about data privacy grow, more users are seeking out cryptocurrencies that offer secure and confidential transactions. Beam (BEAM) provides a solution to these concerns, making it an attractive option for privacy-conscious investors.
  2. Web3 Gaming: The partnership with WAGMI Games brings Beam (BEAM) into the rapidly expanding Web3 gaming space. As more players and developers adopt decentralized gaming platforms, the demand for Beam (BEAM) is likely to increase.
  3. Bullish Technical Indicators: With a predicted price increase of over 200%, Beam (BEAM) is showing strong bullish signals. Investors who buy in now could see significant returns, particularly if the token reaches its October price target.

Mpeppe: A, High-Reward Opportunity

While Beam (BEAM) offers a more established and secure investment opportunity, Mpeppe (MPEPE) is positioning itself as a high-risk, high-reward play in the crypto market. Mpeppe (MPEPE) is an A.I-powered casino cryptocurrency that combines blockchain technology with artificial intelligence to create a transparent, fair, and engaging gaming experience.

Currently priced at just $0.0021 during its presale, Mpeppe (MPEPE) offers a unique opportunity for early investors to get in on the ground floor of a project with significant upside potential. The token has already raised over $2.77 million in its presale, with more than 84% of tokens sold.

While Mpeppe (MPEPE) is still in its early stages, its innovative approach to online gaming makes it a compelling option for investors looking to diversify their portfolios. The A.I-driven casino platform offers a dynamic gaming environment where outcomes are verifiable on the blockchain, addressing concerns about fairness and transparency in traditional online casinos.

Conclusion: Can Beam Turn $1,000 Into $10,000?

For investors looking to maximize their returns, Beam (BEAM) presents a strong opportunity. With its focus on privacy, scalability, and gaming, Beam (BEAM) is well-positioned for significant growth in 2024. If the token reaches its price target of $0.046514, early investors could see substantial returns, potentially turning $1,000 into $10,000.

On the other hand, Mpeppe (MPEPE) offers a, high-reward opportunity for those willing to take a chance on a new and innovative project. Both tokens are positioned for growth, but Beam may be the safer bet for those looking for more secure, long-term gains.

For more information on the Mpeppe (MPEPPE) Presale: 

Visit Mpeppe (MPEPPE)

Join and become a community member: 

https://t.me/mpeppecoin

https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ

 



Source link

Altcoin

VanEck Seeks BNB ETF Approval—Big Win For Binance?

Published

on


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Investment giant VanEck has registered a Binance Coin (BNB) exchange-traded fund in Delaware, marking its fifth cryptocurrency ETF registration in the state. The move comes as major financial institutions continue to bet on digital assets despite market volatility.

BNB Joins VanEck’s Crypto ETF Lineup

According to public records on Delaware’s official state website, VanEck registered the new product on Monday under filing number 10148820. The “VanEck BNB ETF” was registered as a trust corporate service company, following similar registrations for Bitcoin, Ethereum, Solana, and Avalanche ETFs.

The New York-based company confirmed the BNB ETF will track the price of Binance Coin, currently ranked as the fifth-largest cryptocurrency with a market value of approximately $599. On-chain data showed BNB’s trading volume jumped 40% to over $2 billion after the announcement.

First BNB ETF Attempt In US Markets

VanEck’s filing represents the first attempt to create a Binance Coin ETF specifically for US investors. While other BNB-related products exist in global markets, such as the 21Shares Binance ETP, none are based in the United States. The 21Shares product remains the only exchange-traded note tracking the Binance Coin index.

The registration follows VanEck’s successful launches of Bitcoin and Ethereum ETFs last year after securing Securities and Exchange Commission approval. The company manages nearly $115 billion in client assets globally.

Crypto ETF Race Heats Up

“VanEck seems to be taking a ‘throw everything at the wall and see what sticks’ approach, which makes sense,” said Sumit Roy, senior ETF analyst at etf.com. “Avalanche isn’t the most widely traded cryptocurrency, but being first to market with an ETF in a new category comes with potential upside and little downside.”

BNB market cap currently at $85 billion. Chart: TradingView.com

The move comes just weeks after VanEck applied for SEC approval to launch the first AVAX ETF. Based on reports from Delaware’s state website, that document was registered under file number 10125689.

VanEck isn’t alone in pursuing alternative cryptocurrency ETFs. Grayscale has also applied to launch funds based on XRP, Solana, and Dogecoin. The firm’s Bitcoin fund currently manages nearly $17 billion and ranks third among Bitcoin funds from companies like BlackRock and Fidelity.

Crypto ETFs Gaining Momentum

The surge in ETF applications follows the strong performance of spot Bitcoin and Ethereum funds in 2023. Crypto-based exchange-traded products have drawn approximately $44 billion in assets during 2024 alone.

The NASDAQ exchange also submitted an application to the SEC on March 28 to list shares of an Avalanche ETF issued by crypto asset manager Grayscale. According to filing documents, Grayscale’s AVAX fund would use Coinbase Custody as its custodian.

VanEck’s latest move with BNB suggests major financial institutions see growing investor appetite for regulated cryptocurrency investment vehicles beyond just Bitcoin. The company filed for a Solana ETF in June 2024, making it the first potential SOL exchange-traded fund in the US.

To gain official approval, VanEck must now file a formal S-1 form with the SEC for these newly registered crypto ETFs.

Featured image from Gemini Imagen, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.





Source link

Continue Reading

Altcoin

Analyst Forecasts 250% Dogecoin Price Rally If This Level Holds

Published

on


A renowned crypto analyst caused a huge market stir by forecasting a highly bullish outlook for Dogecoin price this Thursday. Market expert Ali Martinez revealed that a roughly 250% rally for the dog-themed meme coin to the $0.5 level looms. However, this bull run is possible given that the meme token holds above key support at $0.16. DOGE price exchanged hands at $0.1662 as of press time, igniting optimism over a rally ahead.

Dogecoin Price Eyes Over 250% Gains; Top Analyst Highlights Conditions

Ali Martinez on April 3 revealed that the $0.16 price level presents itself as a ‘make-or-break’ point for Dogecoin price via a post on X. According to him, if the price holds this level, a potential rally to $0.57 awaits, which is up nearly 256% from the current level.

However, failing to hold this level could result in a drop to $0.06, per the analyst. As a result, the key support level remains much-eyed by market watchers as the meme coin currently trades near it.

Dogecoin Price Chart analysisDogecoin Price Chart analysis
Source: Ali Charts, X

As mentioned above, the price is trading at $0.1662 with an intraday loss of over 3%. It bottomed and peaked at $0.1624 and $0.1787 over the past day, preventing losing support of $0.16. In an upshot, market watchers eye the token optimistically, expecting a sustained movement and thereby, a rally.

What Are The Next Resistance Levels For Dogecoin Price?

In another X post shared previously, the same analyst highlighted vital resistance levels for the dog-themed meme coin. Notably, the price faces two key resistance barriers at $0.18 and $0.21.

Dogecoin price resistance levelsDogecoin price resistance levels
Source: Ali Charts, X

A sustained breakthrough above these resistance levels paves the way for a +250% bull run for DOGE price. In the wake of these price dynamics, crypto traders and investors are now glued to the meme coin’s price chart and await a trajectory shift.

Derivatives Data Sparks Speculations

However, Coinglass data has sparked contrary investor speculations by showcasing a decline in futures OI. DOGE futures OI was down over 3% to $1.56 billion today. This stat underscored slightly reduced investor interest in the meme token despite bullish predictions. Besides, the derivatives volume witnessed a 40% jump to $5.24 billion, adding a layer of intrigue to the market sentiment.

Crypto market traders and investors expect short-term volatility amid the dynamic market stats, whilst long-term prospects remain bullish. Also, a Dogecoin price prediction by CoinGape revealed that the technical chart on the weekly time frame showcases a bullish engulfing pattern. This formation suggests a strong momentum favoring buyers. Overall, broader market sentiments orbiting the meme coin remain bullish.

✓ Share:

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.





Source link

Continue Reading

Altcoin

Binance Sidelines Pi Network Again In Vote To List Initiative, Here’s All

Published

on


As Binance’s Vote to List initiative kicks off, the exchange has turned its back on Pi Network for the second time. Binance is proceeding with the decentralized listing program but Pi Network is noticeably absent from the raft of cryptocurrencies.

Pi Network Fails To Make Binance List

Pi Network enthusiasts are in limbo following the absence of the token in Binance’s Vote to List initiative. According to a press release, Binance has opened voting for its second Vote to List initiative.

This time, 12 tokens are up for community voting, with Binance proceeding to spot-list successful tokens. Apart from vote count, Binance says it will consider trading demand, a risk assessment, and a compliance check to decide on tokens that will make the listing.

The selected tokens include VIRTUAL, BIGTIME, UXLINK, MORPHO, GRASS, ATH, WAL, SAFE, ZETA, IP, ONDO, and PLUME. While the first focused on memecoin, the second iteration beams a searchlight on utility tokens cutting across several verticals.

Back in March, Binance excluded Pi Network from its first edition of the Vote to List initiative. Binance has clarified that only BNB-based projects will be allowed to participate in the Vote to List initiative, dousing optimism for Pi Network enthusiasts.

When Will Binance List The Asset?

Despite Pi missing out on the Vote to List program, there is still a ray of hope for community members. Binance can list Pi via a direct listing in the future but a timeline is unavailable.

Experts say a lack of transparency by The PiCoreTeam (PCT) is a reason why Binance has not listed Pi Network. Particularly, the exchange took swipes at the PCT for failing to give proper disclosures on the Pi Network’s locking and burning mechanism.

Pi Network secured a major listing on the BTCC Exchange, bringing the token closer to being listed on mainstream exchanges. While a listing hovers on the horizon for Pi, the PCT’s domain auction is gathering steam with over 200,000 bids.

Pi price has been largely underwhelming over the last day, losing nearly 5%. Pi trades at $0.6646 to drop below the $0.7 mark for the first time in over a month.

✓ 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.





Source link

Continue Reading

Trending

Copyright © 2024 coin2049.io