Altcoin
Dogecoin’s Downfall: Investors Bet on Mpeppe for 150x Profits
The world of meme coins is buzzing with speculation and anticipation as Dogecoin (DOGE), once the unrivaled king of meme cryptocurrencies, faces a new and formidable challenger: Mpeppe (MPEPE). As the cryptocurrency market evolves, many investors are shifting their focus from Dogecoin (DOGE) to Mpeppe (MPEPE), enticed by the potential for massive returns. But what’s driving this shift, and can Mpeppe (MPEPE) truly offer the 150x profits that investors are hoping for?
Dogecoin’s (DOGE) Waning Dominance
Dogecoin (DOGE) has long held its position as the top meme coin, fueled by a passionate community and high-profile endorsements, most notably from Elon Musk. However, the tides may be turning. According to Murad Mahmudov, a former Goldman Sachs analyst, Shiba Inu (SHIB) could overtake Dogecoin (DOGE) in the next crypto bull cycle, challenging the long-held belief that Dogecoin is unbeatable. This sentiment is echoed by many market observers who see Dogecoin’s (DOGE) dominance as increasingly vulnerable.
Despite its historical strength, Dogecoin (DOGE) has struggled to regain its previous highs. Recent data indicates that while there is still optimism in the market with futures traders entering long positions, the overall momentum is uncertain. Even on International Dog Day, Dogecoin (DOGE) saw only a marginal price increase, trading around $0.1094, far below its peak. The idea that Dogecoin (DOGE) might not be able to maintain its dominance is no longer just a distant possibility; it’s becoming a tangible concern for its investors.
Mpeppe (MPEPE): The New Hope for Meme Coin Investors
As Dogecoin (DOGE) grapples with its future, Mpeppe (MPEPE) has emerged as a new beacon of hope for those seeking the next big thing in the meme coin market. Mpeppe (MPEPE) has already garnered significant attention during its presale phases, raising over $1.29 million and selling more than 80.46% of its tokens at a price of 0.001777 USDT each. Investors are flocking to Mpeppe (MPEPE) not only because of its strong community backing but also due to its innovative approach that combines the viral nature of meme culture with the global appeal of sports.
Mpeppe (MPEPE) offers a fresh perspective in the meme coin space. Its integration of sports, NFTs, and decentralized finance (DeFi) elements provides a unique value proposition that sets it apart from traditional meme coins like Dogecoin (DOGE). With features such as Player Card NFTs and an upcoming online casino, Mpeppe (MPEPE) is creating a multifaceted ecosystem that promises both entertainment and potential financial rewards.
Why Investors Are Betting on 150x Profits with Mpeppe (MPEPE)
The allure of Mpeppe (MPEPE) lies in its potential for explosive growth. As the presale continues to attract a large number of investors, there is growing speculation that Mpeppe (MPEPE) could deliver returns of up to 150x. This optimism is fueled by the project’s rapid community growth, its innovative product offerings, and the current market dynamics where newer meme coins often capture significant market share from established players.
Investors are also drawn to Mpeppe (MPEPE) because of the lessons learned from Dogecoin (DOGE) and Shiba Inu (SHIB). Both of these coins demonstrated that early adoption and strong community support could lead to astronomical returns. With Mpeppe (MPEPE) positioning itself as a serious contender in the meme coin space, many believe it has the potential to replicate, if not exceed, the success seen by its predecessors.
Dogecoin (DOGE) vs. Mpeppe (MPEPE): A Changing of the Guard?
The possibility of Dogecoin (DOGE) being overtaken by other meme coins is no longer just theoretical. As market dynamics shift, and new players like Mpeppe (MPEPE) rise, Dogecoin’s (DOGE) position is increasingly at risk. While Dogecoin (DOGE) still enjoys a large and loyal following, the excitement surrounding Mpeppe (MPEPE) suggests that investors are eager for the next big opportunity.
Murad Mahmudov’s prediction that Shiba Inu (SHIB) could surpass Dogecoin (DOGE) adds further pressure to Dogecoin (DOGE) holders, many of whom are now considering diversifying into Mpeppe (MPEPE). The anticipation of a 150x profit with Mpeppe (MPEPE) is proving to be a strong motivator for investors who are looking for high-risk, high-reward opportunities in the ever-volatile crypto market.
Conclusion: Is Mpeppe (MPEPE) the Next Dogecoin (DOGE)?
As the meme coin landscape continues to evolve, the rise of Mpeppe (MPEPE) could signify a changing of the guard. While Dogecoin (DOGE) has long been the leader of the meme coin pack, its dominance is now being challenged by innovative projects like Mpeppe (MPEPE). With the potential for 150x profits, Mpeppe (MPEPE) is capturing the imagination of investors who believe in its growth potential.
For those looking to maximize their returns in the meme coin market, the decision may come down to whether to stick with the established Dogecoin (DOGE) or to take a chance on the rising star, Mpeppe (MPEPE). As the market continues to develop, one thing is clear: the meme coin space is as dynamic and unpredictable as ever, and Mpeppe (MPEPE) could very well be the next big winner.
For more information on the Mpeppe (MPEPE) Presale:
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Altcoin
Dogecoin Code Appears In CyberTruck And Model 3 Website, Will Tesla Accept DOGE Payments For Cars Soon?
Dogecoin enthusiasts recently reignited discussions on the meme coin’s future after an observation shared on the social media platform X. KrissPax, a Dogecoin enthusiast, highlighted a curious detail that showed that DOGE is the only cryptocurrency currently embedded in the payment code for Tesla’s Cybertruck and Model 3 vehicles. Interestingly, this plays into the current bullish sentiment surrounding DOGE and rumors about Tesla’s plans to officially accept DOGE as a payment method.
Dogecoin Code In Tesla’s Payment: A Long-Standing Detail Revisited
The inclusion of Dogecoin in Tesla’s payment infrastructure has been known for some time, but the timing of its renewed focus has drawn attention. Notably, it comes during a notable price correction for the meme cryptocurrency.
Back in October 2023, reports surfaced about mentions of DOGE in the source code of Tesla’s Cybertruck checkout page. Particularly, crypto influencer MartyParty identified over 50 references to Dogecoin within the code.
However, the renewed interest stems from a recent post by Dogecoin enthusiast KrissPax on the social media platform X. He highlighted the presence of a DOGE code in Tesla’s payment systems, stating:
“Just remember, there is Dogecoin in the Cybertruck and Model 3 Tesla payment codes. Not any other crypto – just Dogecoin. Just waiting for Tesla to turn this option on!”
Although Tesla’s Cybertruck has since been launched, this year, the DOGE payment feature has not yet been activated. Nonetheless, its presence in the code suggests that Tesla is keeping the door open to allow DOGE transactions in the future.
What Does This Mean For DOGE?
Tesla CEO Elon Musk has long been a vocal supporter of Dogecoin, often relaying its use for everyday transactions. His enthusiasm for DOGE has been evident through numerous public endorsements, including Tesla’s decision in January 2022 to start accepting DOGE as payment for select merchandise. This endeavor created some sort of utility for DOGE, which is known for its meme status.
However, a final integration of DOGE as a payment method for Tesla cars would be the final straw in the electric vehicle maker’s creation of utility for the meme coin. A move of such magnitude would not only improve Dogecoin’s adoption but also open it up to another path of inflows, which would in turn benefit its price growth. Furthermore, other companies could follow in the footsteps of Tesla and make DOGE a payment method.
Interestingly, such a move would not be the first time Tesla accepted crypto payments for its vehicles. Back in 2021, Tesla started allowing customers to use Bitcoin as a form of payment. However, the initiative was short-lived, as Tesla discontinued Bitcoin payments just months later due to environmental concerns over the growing energy consumption of Bitcoin mining and transactions.
At the time of writing, the Dogecoin price is trading at $0.3842, down by 0.92 and 1.69% in the past 24 hours and seven days, respectively.
Featured image created with Dall.E, chart from Tradingview.com
Altcoin
5 Key Indicators To Watch For Ethereum Price Rally To $10K
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.
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.
Altcoin
Agency Reiterates “Digital Assets Securities” As XRP Eyes $2
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.
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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