Altcoin
Dogecoin Whales Says The Future Is Rival Cryptocurrency MPEPE
Dogecoin (DOGE), the meme coin that started as a joke but quickly turned into a crypto powerhouse, has long been a favorite among cryptocurrency enthusiasts. However, even the most devoted Dogecoin (DOGE) whales are starting to shift their focus toward a new rival in the meme coin market: Mpeppe (MPEPE). Priced at just $0.001777, Mpeppe (MPEPE) is rapidly gaining traction as the next big thing in the crypto world. Here’s why some of the biggest Dogecoin (DOGE) holders believe Mpeppe (MPEPE) is the future.
The Dogecoin (DOGE) Legacy
Dogecoin (DOGE) has had an incredible journey since its creation in 2013. Initially intended as a fun alternative to Bitcoin, Dogecoin (DOGE) quickly gained a massive following thanks to its friendly and approachable branding, as well as high-profile endorsements from the likes of Elon Musk. Over the years, DOGE has seen massive price surges, turning early adopters into millionaires and proving that even meme coins can have a serious impact.
Despite its success, Dogecoin (DOGE) has faced challenges, particularly around its lack of a clear use case beyond being a speculative investment. While it remains a staple in the crypto community, the market has become increasingly crowded with new and innovative projects that offer more than just meme value.
Mpeppe (MPEPE): The New Kid on the Block
Enter Mpeppe (MPEPE), a rising star in the meme coin universe that has caught the attention of both retail investors and big-time crypto whales. Unlike Dogecoin (DOGE), which has struggled to move beyond its meme origins, Mpeppe (MPEPE) is positioning itself as a multifaceted cryptocurrency with a strong community and ambitious plans for future growth.
Mpeppe’s appeal lies in its strategic blend of meme culture and practical utility. While it embraces the lighthearted and viral nature of meme coins, Mpeppe (MPEPE) also aims to offer real-world applications that could make it a more sustainable and valuable investment in the long run.
Why Dogecoin Whales Are Eyeing Mpeppe
- Diversification and Potential for Higher Returns: Even the most loyal Dogecoin (DOGE) whales understand the importance of diversification. By investing in Mpeppe (MPEPE), they are not abandoning Dogecoin (DOGE) but rather hedging their bets. Mpeppe’s low entry price of $0.001777 offers significant upside potential, especially for those looking to get in on the ground floor of what could be the next big meme coin.
- Growing Community and Viral Potential: Mpeppe (MPEPE) is rapidly building a strong and active community, which is crucial for the success of any meme coin. Much like how Dogecoin’s community helped drive its value, Mpeppe’s supporters are spreading the word on social media, fueling its growth and increasing its visibility. The power of a dedicated community cannot be underestimated in the crypto world, and Mpeppe (MPEPE) is quickly becoming a force to be reckoned with.
- Innovation and Utility: One of the criticisms leveled against Dogecoin (DOGE) is its limited use case. Mpeppe (MPEPE), on the other hand, is striving to offer more than just a token to trade. The team behind Mpeppe (MPEPE) is working on integrating the coin into various platforms and services, giving it real-world utility that could help it stand the test of time. This forward-thinking approach is appealing to Dogecoin (DOGE) whales who are looking for long-term value in their investments.
Mpeppe’s Road Ahead
While it’s still early days for Mpeppe (MPEPE), the cryptocurrency is showing signs of becoming a serious contender in the meme coin market. Its combination of low entry price, growing community, and plans for utility make it an attractive option for those looking to diversify their crypto portfolios.
Dogecoin (DOGE) whales are known for their ability to spot potential early, and their interest in Mpeppe (MPEPE) could be a sign of big things to come. As more investors take notice and the project continues to develop, Mpeppe (MPEPE) could very well follow in Dogecoin (DOGE)’s footsteps—or even surpass it.
Conclusion: A New Era for Meme Coins?
The cryptocurrency landscape is constantly evolving, with new projects emerging that challenge the status quo. While Dogecoin (DOGE) will always hold a special place in the hearts of crypto enthusiasts, the rise of Mpeppe signals a shift in the market. Dogecoin (DOGE) whales, known for their influence and foresight, are already recognizing the potential in Mpeppe, positioning it as a serious rival to DOGE.
For those looking to get involved in the next big meme coin, Mpeppe (MPEPE) offers an exciting opportunity. With a low entry price and a growing community, it could be the investment that not only complements but possibly even outshines Dogecoin (DOGE) in the future.
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Crypto expert Egrag Crypto has again predicted that the XRP price could rally to as high as $27. The analyst has also revealed the exact timeline for when the altcoin could record this massive price surge.
Expert Reveals Time For XRP Price To Hit $27
In an X post, Egrag Crypto asserted that the XRP price can hit $27 in 60 days. The expert remarked that historical patterns indicate that the altcoin can reach this target within this timeframe.
Based on this price prediction, XRP could reach this $27 target by June, marking a 1,250% gain for Ripple’s native crypto. The expert’s accompanying chart showed that he was alluding to the 2017 bull run as to why the altcoin could record such a parabolic rally.
In 2017, XRP recorded a historic gain of over 60,000% as it rallied to its current all-time high (ATH) of $3.8 the following year. As such, based on history, a 1,250% increase is nothing for the altcoin.
In the meantime, the XRP price still boasts a bearish outlook thanks to the sentiment in the broader crypto market. As CoinGape reported, Ripple’s coin could drop to the next major support levels at $1.79 and $1.56 if it fails to hold above $2.03.
Decision Time For The Altcoin
In an X post, crypto analyst CasiTrades stated that it is decision time for the XRP price. She noted that the altcoin is showing strength with a bounce right back to the first key test at $2.17. She added that this is the resistance level she wants to see flip into support, as it might be the “most important price of the week.”
The analyst stated that XRP must reclaim this level to build momentum. She added that the $2 level remains a valid target if the $2.17 level rejects. Meanwhile, CasiTrades revealed that $2.70, $3.05, and $3.80 are the major resistance zones once the upward trend is confirmed.
The analyst also mentioned that the XRP price is now fully inside the Fibonacci Time Zone 3, which spans most of April. She affirmed that this is the breakout window market participants have been preparing for and that all signs point to a macro wave.
CasiTrades affirmed that the structure is clean. The RSI divergence has confirmed the bottom, while the subwaves are aligning well with the larger targets. If the next leg pushes XRP back above $2.17 with momentum, she claimed that market participants may finally see obvious signs of Wave 3. Interestingly, the analyst added that if the altcoin clears $2.70 this week, it may break the $1,000 price extension.
For now, investors may remain cautious, especially seeing how XRP fell after the PMI and JOLTS data release earlier today. Donald Trump is also set to announce reciprocal tariffs tomorrow, which could spark a massive price crash.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
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.
A recent Binance update has triggered massive liquidations while sending Solana memecoin ACT into a steep correction. At first, pundits blamed market maker Wintermute for the jarring declines but Binance’s update to leverage and margin tiers appears to be the culprit.
Several Altcoins on Binance Suffer Massive Corrections
According to an X post, several altcoins listed on Binance took a major hit, dropping by double-digit percentages. The hardest hit of the lot was Solana memecoin ACT, experiencing a sudden drop of over 50% in 30 minutes.
Other altcoins including DEXE and DF equally recorded steep declines of 23% and 16% respectively in the same window. The price slump left traders scratching their heads but a consensus formed that sizable sell orders were behind the declines.
“The sudden dips were triggered by large sell orders executed in a short time frame, leading to a significant surge in spot trading volume,” said one pundit.
Others turned to market maker Wintermute as the trigger for the selloff. However, Wintermute CEO Evgeny Gaevoy denied responsibility while noting that the market maker reacted “post move.”
The decline comes amid a broader market recovery with several cryptocurrencies including Compound (COMP) gaining 70%.
What Triggered The 50% Decline For Solana Meme Coin
A Binance update on leverage and margin tiers on specific tokens like ACT triggered the massive declines. According to an April 1 announcement, the top exchange has updated the margin tiers of several perpetual contracts, noting that existing positions will be affected.
Following the move, one ACT whale got liquidated for $3.79 million at $0.1877, triggering a broad selloff. Former FTX community manager Benson Sun noted that traders had less than 3 hours to respond to the change, criticizing Binance for the move.
“Before changing the rules, Binance should have evaluated how many positions would be closed,” said Sun. “If there are market makers with large positions, they should have notified them in advance.”
Within hours of MUBARAK’s listing, the memecoin tumbled by 40% with Binance CEO Changpeng Zhao downplaying the impact of a listing on prices. Binance has drawn criticism in recent days following its exclusion of Pi Network from its Vote To List initiative.
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.
A crypto market crash looks imminent, with Bitcoin, Ethereum, XRP, and Dogecoin witnessing notable declines. This price crash happened following the release of weak manufacturing PMI and JOLTS data, which provides a bearish outlook for the market.
Crypto Market Crash: BTC, ETH, XRP, & DOGE Decline
CoinMarketCap data shows that a crypto market crash could be on the horizon, with the Bitcoin price sharply dropping below $83,000 from a daily high of around $84,400. Altcoins such as Ethereum, XRP, and DOGE also witnessed sharp declines.
This market crash occurred following the release of weak ISM manufacturing PMI and JOLTS data. The March PMI data dropped to 49, below expectations of 49.5 and lower than the 50 recorded in February.
The US JOLTS job openings for February came in at 7.568 million, below the expected 7.690 million and lower than the 7.762 million recorded in January. These data add to several macro fundamentals that paint a bearish outlook for the market.
This crypto market crash could persist, with China, Japan, and South Korea agreeing to respond to Donald Trump’s proposed tariffs. Trump is set to announce a number of reciprocal tariffs tomorrow, which could significantly harm the market as it sets off a trade war between the US and other nations.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
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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