Altcoin
ETH Whale Boost Their Wealth By 300x With Playdoge and Rival Token Mpeppe
In the fast-paced and ever-evolving world of cryptocurrency, savvy investors are always on the lookout for the next big opportunity to maximize their returns. Recently, an ETH whale made headlines by boosting their wealth by an astonishing 300x through strategic investments in PlayDoge (PLAY) and its rising rival, Mpeppe (MPEPE). This move has caught the attention of the crypto community, showcasing the immense potential these tokens hold in the current market landscape.
PlayDoge’s Meteoric Rise Post-DEX Debut
PlayDoge (PLAY) recently made its highly anticipated debut on decentralized exchanges (DEXs) like Uniswap and DEXTools, and it did not disappoint. The token surged by 24% within minutes of trading, reaching a market cap of 23.3 million. This impressive performance was fueled by a successful presale that raised over 6.5 million, attracting a large community of meme coin enthusiasts and crypto gamers.
The PLAY token’s early success is a testament to its unique value proposition in the play-to-earn (P2E) gaming sector. PlayDoge (PLAY) is not just another meme coin; it’s a fully-fledged gaming ecosystem inspired by the nostalgic Tamagotchi-style gameplay. The game’s blend of engaging mechanics, rewarding play-to-earn features, and accessible mobile platform has positioned it as a potential leader in the P2E market, which analysts predict could be worth 6.3 billion by 2031.
As PlayDoge (PLAY) continues to gain traction, the PLAY token is expected to see significant demand, driving its price higher. The project’s focus on long-term growth, coupled with locked liquidity pools on both Ethereum and Binance Smart Chain, adds a layer of security for investors, reducing concerns about potential rug pulls.
Mpeppe (MPEPE): The Rising Star in the Crypto World
While PlayDoge (PLAY) has captured the spotlight, Mpeppe (MPEPE) is quickly emerging as a formidable rival, offering a unique investment opportunity with its innovative approach to blockchain technology and the gaming sector. Priced at just 0.001777, Mpeppe (MPEPE) is still in its early stages, making it an attractive option for those looking to get in on the ground floor of what could be the next big thing in crypto.
Mpeppe (MPEPE)’s appeal lies in its ability to combine the viral nature of meme coins with real-world utility. The project aims to revolutionize how users interact with digital assets, creating a comprehensive ecosystem that appeals to both casual gamers and serious investors. As more ETH whales and other savvy investors take notice, Mpeppe (MPEPE)’s price is poised for a potential 1000% rally, making it a prime candidate for those looking to maximize their returns in the upcoming bull market.
Why ETH Whales Are Turning to PlayDoge and Mpeppe
The recent market activity suggests that large-scale investors, including ETH whales, are strategically diversifying their portfolios with high-potential altcoins like PlayDoge (PLAY) and Mpeppe (MPEPE). The appeal of these tokens lies in their ability to offer both immediate gains and long-term growth potential, making them ideal investments in the current market climate.
PlayDoge (PLAY)’s early success on DEXs and its promising future in the P2E gaming sector make it an attractive option for those looking to capitalize on the growing trend of gaming and meme coins. The 24% initial pump in PLAY’s price is just the beginning, with many analysts predicting even greater gains as the game’s popularity continues to rise.
On the other hand, Mpeppe (MPEPE)’s innovative approach to integrating blockchain technology with gaming and digital assets offers a fresh perspective in the crowded meme coin space. Its low entry price and potential for a 1000% rally make it a highly appealing option for investors looking for high-risk, high-reward opportunities.
Early Profit-Taking and Future Prospects
While PlayDoge (PLAY) has already seen a 24% surge in price, early profit-taking by presale investors has created an attractive entry point for new investors. PLAY is currently trading at a more than 50% discount to its list price, offering a unique opportunity for those looking to invest before the next big pump.
Similarly, Mpeppe (MPEPE)’s early-stage pricing and potential for exponential growth make it a must-watch for investors looking to diversify their portfolios with high-potential altcoins. With the crypto market gearing up for its next bull run, tokens like PlayDoge (PLAY) and Mpeppe (MPEPE) are well-positioned to deliver substantial returns.
Conclusion: The Time to Invest is Now
For those looking to make the most of the upcoming market trends, PlayDoge (PLAY) and Mpeppe (MPEPE) represent some of the best opportunities available right now. With strong community support, innovative approaches, and significant growth potential, these tokens are set to lead the next wave of crypto gains.
Whether you’re an ETH whale or a retail investor, the time to dive into PlayDoge (PLAY) and Mpeppe (MPEPE) is now. As these tokens continue to gain traction, the potential for life-changing returns is within reach. Don’t miss out on the chance to be part of the next big success story in the crypto world.
For more information on the Mpeppe (MPEPE) Presale:
Visit Mpeppe (MPEPE)
Join and become a community member:
https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ
Although the Bitcoin price rally has paused above $75,000 a day after Donald Trump’s victory, altcoins have continued their strong show with the Ethereum price taking the lead with 11% gains all the way to $2,850 levels. Investors have a lot of questions as to does this mark the beginning of the much-awaited altseason moving ahead.
Altcoins Steal the Limelight from Bitcoin?
On the day of Donald Trump’s victory on November 6, the Bitcoin price touched its all-time high levels surging all the way to $75,000. While the bulls try to defend these levels, altcoins seem to grabbing the investors’ focus.
The Ethereum price has managed to pull off 12% gains moving all the way to the $2,850 level and eying further rally to its all-time high levels. This comes despite strong selling pressure from Ethereum whales. Popular crypto analyst IncomeSharks noted that the ETH price has given a crucial breakout from the downward trendline slope, which opens the gates for a 75% rally from here to new all-time highs.
$ETH – Breakout. 75% move from here to an all time high. $3k first. pic.twitter.com/29KJzgk4Ex
— IncomeSharks (@IncomeSharks) November 7, 2024
Furthermore, after hitting the lower lows over the past few months, the ETH/BTC trading pair has notched up a bit. “With ETH/BTC at 0.035 it definitely makes sense to start hedging,” added Cowen. However, he added that for the bottom formation confirmation, the ETH/BTC pair must end above the 50 DMA.
I would watch #ETH / #BTC here.
If it can get above the 50D SMA, the there is a good chance that ETH/BTC has bottomed. pic.twitter.com/dXNYj2sDvY
— Benjamin Cowen (@intocryptoverse) November 7, 2024
Apart from Ethereum price surge, other altcoins like Solana made strong gains on Donald Trump’s victory. The Solana price has surged to $188 once again as talks about the approval of spot Solana ETF in the Trump presidency gain traction. As a result, analysts predict an SOL surge to $300 levels from here.
Will BTC Lose the Grip Over the Market?
Some market analysts state that it is still early to call the altseason and expect Bitcoin dominance to grow even further. Also, this could just be the beginning of the next major Bitcoin bull run.
Veteran trader Peter Brandt shared an optimistic outlook for Bitcoin, suggesting it has entered a “sweet spot” in the current bull market halving cycle. According to Brandt, Bitcoin is on track to peak between $130,000 and $150,000 by August or September of next year, marking a potential new high for the cryptocurrency.
Echoing similar thoughts, crypto analyst Ali Martinez noted that the next BTC top usually happens after 8 to 12 months following a monthly close above the previous all-time highs. Thus, he expects the next BTC top to happen anywhere between July to November 2025.
Historically, #Bitcoin has reached market tops roughly 8 to 12 months after achieving a monthly close above its previous all-time high.
If this pattern continues, the next potential market top for $BTC could occur between July and November 2025. pic.twitter.com/aWBZDBpUea
— Ali (@ali_charts) November 6, 2024
According to blockchain analytics firm CryptoQuant, Bitcoin’s recent all-time high doesn’t signal an overvaluation relative to its cost basis. The firm’s data on the MVRV ratio suggests that BTC remains well below peak levels. Additionally, Bitcoin’s price is close to traders’ average purchase cost, indicating that the market is not currently overheated. These insights point to the potential for continued growth in Bitcoin’s value.
Bhushan Akolkar
Bhushan is a FinTech enthusiast with a keen understanding of financial markets. His interest in economics and finance has led him to focus on emerging Blockchain technology and cryptocurrency markets. He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.
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 XRP price has come under the spotlight following Ripple’s recent $250 million XRP transfer. This comes amid bullish predictions for the coin, with analysts saying that its price could enjoy a parabolic rally following Donald Trump’s win.
The XRP Price At Risk With Ripple’s $250 Million Transfer
The XRP price is at risk of a decline following Ripple’s transfer of $250 million worth of XRP to an unknown wallet. Onchain data shows that the crypto firm transferred 470 million XRP to this wallet (rP4X2…sKxv3). This unknown wallet has since transferred 100 million XRP to another wallet (rhWt2…E32hk).
The purpose of the $250 million transfer remains unclear. However, it could relate to Ripple’s On-Demand Liquidity (ODL) services or the ongoing SEC appeal case.
This development comes just a day after XRP whales moved $814 million, indicating whale accumulation. While the Ripple transfer is unlikely to impact the XRP price since it will likely be done over the counter (OTC) if it is a potential sale, it could still create a bearish sentiment among XRP investors.
However, crypto analysts are confident that XRP is currently in bullish territory following Donald Trump’s win in the US presidential elections. The coin could surge up to 3,336% as crypto analyst StephIsCrypto predicted a major above $2 following Trump’s victory.
A Price Surge Above $20 By Year-End
In an X post, Crypto analyst Amonyx made a bold prediction, stating that the XRP price will rise above $20 by year-end. In another X post, the analyst suggested that he was confident that this price surge would happen with the US SEC chair Gary Gensler set to be removed following Donald Trump’s victory.
Gensler’s removal is bullish for the XRP price because he has spearheaded the long-running legal battle against Ripple. The legal battle could have negatively impacted XRP all this time, creating doubts in investors’ minds.
However, with Gensler gone and the Ripple SEC lawsuit likely to end, investors could again become bullish on XRP and look to invest more in the crypto. Crypto analyst Ross Vandermeer also predicted that the XRP price could eventually rise to $1,000 thanks to Donald Trump’s US election victory.
Ripple CEO Brad Garlinghouse recently called on the US president-elect to fire Gary Gensler on day 1, just like he promised. Meanwhile, Ripple chief legal officer (CLO) Stuart Alderoty urged Trump to end the regulation-by-enforcement approach to position the US as the crypto capital.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across DeFi, NFTs, smart contracts, and blockchain interoperability, among others. 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 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.
Ripple chief legal officer (CLO) Stuart Alderoty has revealed how US President-elect Donald Trump can make the United States (US) the crypto capital. The Ripple CLO statement came as Ripple CEO Brad Garlinghouse outlined his checklist for the Trump administration.
Ripple CLO Reveals How Trump Can Make US Crypto Capital
In an X post, Stuart Alderoty called on Donald Trump to move swiftly to end the regulation-by-enforcement approach that the crypto industry has endured and position the US as the crypto capital of the world.
As the Ripple CLO suggested, the US has been unable to claim the title of crypto capital due to its unfavorable regulatory environment. Regulators like the US Securities and Exchange Commission (SEC) have clamped down on crypto firms instead of providing regulatory clarity.
However, the Ripple CLO believes that is likely to change under Donald Trump. In his post, he also revealed that the president-elect had taken time to listen to Ripple’s story when they met and has also prioritized crypto as a key policy issue.
Indeed, the US president-elect was very vocal about crypto during his presidential campaign, making several promises to the crypto industry. As part of his promises regarding Bitcoin and the crypto industry, Donald Trump said he would fire US SEC Chair Gary Gensler on day one in office.
This is one of the major promises the crypto community is holding on to, considering that Gensler has spearheaded the anti-crypto crusade in the country.
Brad Garlinghouse Outlines Checklist For Donald Trump’s Administration
Before the Ripple CLO’s comments, Ripple CEO Brad Garlinghouse had outlined his checklist for the Trump administration’s first 100 days in office. First, he stated that Trump should fire Gensler on Day 1, just as promised.
In Gensler’s place, Garlinghouse recommended that the president-elect appoint either Christopher Giancarlo or Robinhood CLO Dan Gallagher, as they will be “massive upgrades” in rebuilding the rule of law at the SEC. Galaxy CEO Mike Novogratz also recently mentioned pro-crypto US SEC commissioner Hester Peirce as one of those who could also replace Gensler.
The Ripple CEO also asked Trump to get the US Congress to move the digital asset market structure bill forward in the Senate. Lastly, he asked if they could get some clarity for Ethereum, similar to that of Bitcoin and XRP since they are recognized as non-securities.
While Brad Garlinghouse didn’t endorse any candidate, Ripple CLO Stuart Alderoty and Ripple co-founder Chris Larsen made their stance known through donations. The Ripple CLO donated $300,000 to the Donald Trump campaign, while Larsen donated up to $11 million to Kamala Harris’ campaign.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across DeFi, NFTs, smart contracts, and blockchain interoperability, among others. 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 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.
Polymarket Faces Ban in France as US Election Betting Ends
Trump and Lummis Unite on $76 Billion National Bitcoin Reserve
MrBeast faces allegations of crypto insider trading
Why Bitcoin Users Are Moving to Altcoins? As Ethereum Price Jumps 11%
XRP Price Ready to Rally? Signs Point to a Bullish Move
Solana (SOL) Rallies Strongly, Setting Sights on $200
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?
Coinbase cbBTC Set to go Live on Solana
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
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?
Coinbase cbBTC Set to go Live on Solana
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
-
Market23 hours agoCelestia and GOAT investors turn to Poodlana to try and recoup losses
-
Market24 hours agoWhy Solana Volume Could Be Key In Driving SOL Price Higher
-
Ethereum10 hours agoEthereum Analyst Sets $3,400 Target Once ETH Breaks Key Resistance – Details
-
Altcoin23 hours agoBinance To Delist These Crypto in BTC Trading Pairs
-
Market22 hours agoBest Solana Airdrops for Early Crypto Access
-
Market9 hours agoBitcoin Price Pushes Rally Further: Bulls in Full Force
-
Altcoin22 hours agoDogecoin Price To Hit $4 As Elon Musk’s D.O.G.E. May Target US Fed
-
Altcoin21 hours ago3 Promising Crypto Coins with 5000% Returns in 2025
✓ Share: