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Deep Dive Into Why Pepe Unchained and Mpeppe Will Explode In 2024
In the ever-evolving landscape of cryptocurrency, memecoins have often been regarded as fleeting trends with little substance. However, Pepe Unchained (PEPU) and Mpeppe (MPEPE) are poised to change that narrative in 2024. These two memecoins are not just about viral appeal; they are built on solid technological foundations and have the potential to deliver massive returns to investors. This article takes a deep dive into why Pepe Unchained (PEPU) and Mpeppe (MPEPE) are set to explode in 2024, capturing the attention of both the crypto community and savvy investors alike.
The Rise of Pepe Unchained: More Than Just a Meme
Pepe Unchained (PEPU) is not your average memecoin. It has emerged as a standout project in a market flooded with imitators, thanks to its innovative approach to blockchain technology and its dedicated community support. Since its launch, Pepe Unchained (PEPU) has shattered expectations, quickly surpassing significant funding milestones. As of August 2024, PEPU has raised over $9.6 million, a testament to the growing confidence in its potential.
What sets Pepe Unchained (PEPU) apart from other memecoins is its proprietary Layer-2 blockchain, which addresses the common issues of high gas fees and slow transaction speeds that plague traditional memecoins. By building on top of Ethereum, Pepe Unchained offers a solution that makes transactions faster, cheaper, and more efficient. This technological edge not only enhances the user experience but also positions PEPU as a central hub for future memecoin projects.
Moreover, Pepe Unchained is not just a token; it’s the foundation of a broader ecosystem. The project aims to serve as a launchpad for other tokens, with PEPU acting as the native currency for transactions within this ecosystem. This vision of creating a robust, interconnected platform is a key reason why experts predict that Pepe Unchained (PEPU) will see exponential growth in 2024.
Mpeppe: The Underdog With Explosive Potential
While Pepe Unchained (PEPU) has been making headlines, Mpeppe (MPEPE) is quietly building momentum as one of the most promising new entrants in the memecoin space. Priced at a mere $0.001777 during its ICO, Mpeppe offers an incredibly low entry point for investors looking to get in early on the next big thing in cryptocurrency.
Mpeppe (MPEPE) is designed to capitalize on the growing intersection of gaming, gambling, and blockchain technology. Unlike many memecoins that rely solely on their viral nature, Mpeppe (MPEPE) has a clear use case that taps into a lucrative market. The gaming and gambling sectors have been rapidly embracing blockchain for its transparency and efficiency, and Mpeppe (MPEPE) is positioned to become a key player in this space.
The project’s unique value proposition has not gone unnoticed. Mpeppe’s smart contract address, 0xd328a1C97e9b6b3Afd42eAf535bcB55A85cDcA7B, has seen increased activity as investors recognize the potential for massive returns. With its strong community support and innovative approach, Mpeppe (MPEPE) is more than just a meme; it’s a project with real-world applications that could see its value skyrocket in 2024.
Why 2024 Will Be the Year of PEPU and MPEPE
Several factors contribute to the explosive potential of Pepe Unchained (PEPU) and Mpeppe in 2024:
- Technological Innovation: Both PEPU and MPEPE are built on advanced blockchain technology that offers significant improvements over their predecessors. PEPU’s Layer-2 blockchain makes transactions faster and cheaper, while MPEPE leverages blockchain for gaming and gambling, offering real utility in a growing market.
- Strong Community Support: The success of any cryptocurrency project relies heavily on its community. Both Pepe Unchained (PEPU) and Mpeppe (MPEPE) have garnered enthusiastic support from their respective communities, which is crucial for sustaining momentum and driving adoption.
- Early Investment Opportunities: With PEPU still in its presale phase and Mpeppe (MPEPE) priced at an entry-level, both tokens offer early investors the chance to get in on the ground floor. The potential for massive returns makes these projects highly attractive to both retail investors and crypto whales.
- Market Timing: The broader crypto market has seen significant volatility in recent months, but this has also created opportunities for new projects to shine. As the market stabilizes and enters a new growth phase in 2024, PEPU and MPEPE are well-positioned to capitalize on this momentum.
The Road Ahead: What to Expect in 2024
As we look ahead to 2024, it’s clear that Pepe Unchained (PEPU) and Mpeppe (MPEPE) have the ingredients for success. Their combination of technological innovation, strong community support, and strategic positioning in the market makes them prime candidates for explosive growth.
Pepe Unchained (PEPU) is expected to continue its upward trajectory, potentially reaching new heights as its ecosystem expands. Meanwhile, Mpeppe’s (MPEPE) low entry point and unique value proposition could see it become one of the standout performers in the memecoin space.
For investors looking to diversify their portfolios and capitalize on the next big wave in cryptocurrency, Pepe Unchained (PEPU) and Mpeppe (MPEPE) are two projects that should be on the radar. With the potential to deliver 1000x returns, these memecoins are poised to make a significant impact in 2024.
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Crypto market today (February 22): Bitcoin (BTC), Ethereum (ETH), and other altcoins reflect an alarmingly waning price action as the week comes to a close. Primarily against Bybit’s recent $1.4 billion hack, over $566 million was liquidated across the broader market in the last 24 hours. As a result, BTC price price lost nearly 2% and slipped back to the $96K level on Saturday. Further, ETH and other leading altcoins have also followed the waning trajectory.
Crypto Market Today: BTC, ETH & Altcoins Suffer Amid Bybit’s Hack & Massive Liquidations
Notably, the crypto exchange behemoth Bybit recently suffered an exploitation attack, resulting in the theft of $1.4 billion ETH from the platform. CoinGape reported that the mastermind behind this hack was ‘The Lazarus Group,’ a North Korean cybercriminal organization.
As a response to the hack, the crypto market saw $566.64 liquidated in the last 24 hours, per Coinglass data. The massive liquidations, underscoring panic selling, in turn brought significant heat to cryptocurrency prices. Further, the global cryptocurrency market cap slipped 1.98% from yesterday to reach $3.17 trillion.
BTC Price Backtracks To $96K
In sync with the colossal liquidations, BTC price witnessed a 2% loss in value over the past 24 hours, resting at $96,170. The flagship coin’s intraday bottom and peak were $94,852.96 and $99,497.97, respectively. Coinglass data showed that Bitcoin recorded $199.44 million worth of liquidations in the past 24 hours. Simultaneously, its market dominance slipped marginally by 0.01% to 60.29%.
ETH Price Takes Heat Amid Crypto Market’s New Hack
ETH price tanked nearly 3% in the past 24 hours and is currently trading at $2,674. The coin’s 24-hour low and high were $2,616.92 and $2,842.83, respectively. Ethereum recorded liquidations worth $141.76 million in the past 24 hours. Meanwhile, market watchers remain cautious about the coin’s future movements in light of the massive Bybit hack. Given that the hackers decide to sell the stolen funds ahead, heightened selling pressure could pull the price further down.
XRP Price Cracks 3%
XRP price fell by 3% intraday and is now sitting at $2.57. The coin hit a bottom and peak of $2.51 and $2.71 in the last 24 hours. Notably, the Ripple-backed asset saw liquidations worth $14.95 million over the past day and followed the broader market trend to dip in the red zone.
SOL Price Slips 2%
SOL price saw a 2% decline in the past 24 hours and is now trading at $170. The coin swooped to a low of $167.31 and a high of $180.43 in the last 24 hours. Solana recorded liquidations worth $22.24 million intraday, aligning with the market trend.
Meme Crypto Market Also Tumbles
Dogecoin: DOGE price saw a 4% drop to $0.2417 amid $14.03 million liquidated in the Dogecoin market.
Shiba Inu: SHIB price waned by 2% in the past 24 hours and is currently trading at $0.00001516, mirroring the market trend.
Even Pepe Coin (PEPE) and Official Trump (TRUMP) prices cracked 2%-5%, reaching $0.000009188 and $16.08, respectively. The meme coin market has primarily mirrored the broader market trend as the week comes to a close.
Top Crypto Market Gainers Today
Ethena (ENA)
Price: $0.4544
24-Hour Gains: +11%
ENA price soared as the crypto project reassured users that its stablecoin USDe remains solvent despite the recent Bybit hack.
Bitget Token (BGB)
Price: $5.05
24-Hour Gains: +8%
Bitget’s BGB token soars amid its rival exchange’s hack saga, and the Bitget wallet launching a limited-time BGB on-chain staking program.
Jito (JTO)
Price: $2.84
24-Hour Gains: +5%
JTO price gains alongside S. Korean cryptocurrency exchange Upbit’s announcement to list the token in the KRW market.
Top Crypto Market Losers Today
Mantle (MNT)
Price: $0.883
24-Hour Loss: -15%
Berachain (BERA)
Price: $7.16
24-Hour Loss: -12%
Sonic (S)
Price: $0.8546
24-Hour Loss: -10%
Overall, the current investor sentiment remains highly uncertain surrounding the crypto sector’s future, with prices taking heat amid Bybit’s hack and massive liquidations.
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 Ali Martinez has noted key support levels for Cardano (ADA) price between $0.67 and $0.80. He emphasized their role in sustaining the current bullish trend. According to Martinez’s analysis, these levels have historically acted as both resistance and support for the altcoin. The repeated interaction with this range indicates its significance in determining ADA price direction.
Key Support Levels for Cardano Price Stability
In a post on X, Ali Martinez highlighted that Cardano price has repeatedly tested the $0.67–$0.80 range. This zone has provided stability for ADA, preventing further declines and acting as a foundation for bullish movements.
Historical price movements suggest that this support area has been critical during both uptrends and corrections. The ability of ADA to hold above this range signals strong buying interest.
Recent market data indicates that ADA remains within this support range, maintaining its position despite market fluctuations. If buying pressure persists, Cardano price could establish a stronger footing and attempt an upward breakout.
Meanwhile, Grok 3 AI highlighted Cardano’s strong decentralization as a driving force behind its potential rally to $5-$6 in this bull cycle. If Cardano price can break key resistance levels, it may gain the bullish momentum needed to reach these ambitious price targets.
Technical Indicators Suggest Growing Buying Pressure
Cardano price is about to cross the 20-day Exponential Moving Average, a significant indicator for short-term trend identification. The 20 EMA acts as a support level and a breakout above it may indicate a rally for the altcoin.
Supporting the bullish sentiments, the 1-day Moving Average Convergence Divergence indicates Cardano price is holding above key support levels, providing a foundation for a altcoin rally.
More so, the MACD line is above the signal line, signaling a bullish crossover. If ADA maintains its position above $0.75 and builds on this momentum, it will break the $0.80 resistance and push higher in the short term.
Furthermore, there is the Parabolic Stop and Reverse (SAR) indicator whose dotted lines are placed below Cardano price, which is common in an upward trend. This suggests that ADA price has found a strong support base, further reinforcing the likelihood of an upward move.
ADA Price To $1?
If Cardano price remains above the key support range of $0.67–$0.80 and manages to break above resistance levels, analysts project a potential rally toward $0.94. A successful test of this price point could pave the way for ADA to revisit the $1 mark.
Conversely, if ADA fails to sustain support above $0.67, selling pressure could increase, driving the price lower. In such a scenario, the next key support level would be around $0.54, where buyers might re-enter the market.
Moreover, another analyst shared the bullish sentiments, emphasizing that ADA price movements suggest a potential breakout. The expert highlighted that if Cardano surpasses the critical resistance at $0.9837, it could pave the way for a rally toward $1.35.
Ronny Mugendi
Ronny Mugendi is a seasoned crypto journalist with four years of professional experience, having contributed significantly to various media outlets on cryptocurrency trends and technologies. With over 4000 published articles across various media outlets, he aims to inform, educate and introduce more people to the Blockchain and DeFi world. Outside of his journalism career, Ronny enjoys the thrill of bike riding, exploring new trails and landscapes.
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.
The price of XRP lost its edge earlier when it failed to retain the $2.6 support level despite a positive update from the US Securities and Exchange Commission (SEC). Notably, the pro-crypto stance of the Mark Uyeda-led SEC has ignited a possibility of XRP benefitting uniquely. Per the current trend, investors wonder if the coin could hit a $300 price target in the long term if the US SEC drops the XRP lawsuit.
Is Ripple versus US SEC Lawsuit Suppressing XRP Price?
In a recent update, Coinbase revealed that the SEC staff has agreed to drop its lawsuit, pending potential approval by the agency’s commissioners in the coming week. By a large margin, the Coinbase versus SEC lawsuit is considered the second biggest after Ripple Labs.
Though similar, the Ripple lawsuit has advanced much more, with the end close as predicted. Gary Gensler fanned the lawsuit, alleging that XRP is a security when sold to the public, significantly impacting the price.
Like Coinbase, there is speculation that the US SEC will dismiss its Ripple lawsuit appeal. If this happens, the price of XRP is expected to rise dramatically.
Is XRP Price to $300 Feasible?
In recent times, analysts have issued massive projections regarding the XRP price. As reported earlier by CoinGape, market analyst XRP Captain predicted that the XRP price could rally to $250 between now and 2026.
While analysts justify this projection based on the current trend within the Ripple ecosystem, the economics presents a different picture. With XRP having more than 57.89 billion circulating supply per CoinMarketCap data, a $300 target will give it a valuation of $17.367 trillion for the coin.
This fund is way bigger than the crypto industry, which is only worth $3.17 trillion, with Bitcoin dominating. However, this does not discount the likelihood of a massive rally if the lawsuit ends.
The XRP ETF Advantage
Meanwhile, the Ripple ecosystem has continued to expand at a unique pace. More than four asset managers are seeking approval to offer XRP ETF products to institutional investors. Canary Capital, Bitwise, and CoinShares are some of the firms pushing for this new product.
With a 65% odds of approval, the community is somewhat pricing in this product already. With the likelihood of a new capital influx, the expectation is that the XRP price will benefit immensely in the long term.
Godfrey Benjamin
Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.
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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