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Ethereum (ETH) News: New ETH ICO Gains Massive Support Ethereum (ETH) Whale
The Ethereum (ETH) ecosystem is buzzing with excitement as a new Initial Coin Offering (ICO) rapidly gains traction, attracting the attention of a major Ethereum (ETH) whale. The ICO in question is for Mpeppe (MPEPE), a project that has quickly risen through the ranks to become one of the most anticipated launches on the Ethereum (ETH) network. With the presale now 84.73% complete, Mpeppe is poised to make a significant impact in the cryptocurrency world, offering a fresh and promising opportunity for investors.
The Rise of Mpeppe: A New Contender in the Ethereum (ETH) Ecosystem
Mpeppe (MPEPE) has been making waves in the Ethereum (ETH) community, thanks to its innovative approach and the growing interest from investors. Built on the robust Ethereum (ETH) blockchain, Mpeppe is designed to capitalize on the decentralized finance (DeFi) movement, offering users a unique platform for trading, staking, and earning rewards. The project’s presale has already seen remarkable success, with over 1.3 billion tokens sold and the current phase nearing completion.
The ICO’s rapid success is largely attributed to its strategic marketing efforts and the buzz generated by its growing community. The use of promo code “MPEPE20,” which offers a 20% bonus to early investors, has further fueled interest, making Mpeppe one of the most talked-about ICOs of the year. With the presale price currently set at $0.001777 per token, Mpeppe presents a low entry point for investors looking to get in on the ground floor of a potentially explosive project.
The Impact of Ethereum (ETH) Whales on Mpeppe’s Success
One of the most significant developments in Mpeppe’s journey has been the involvement of Ethereum (ETH) whales. These large-scale investors, known for their substantial holdings and market influence, have begun to take notice of Mpeppe’s potential. The participation of an Ethereum (ETH) whale in the Mpeppe presale has sent ripples through the crypto community, signaling confidence in the project’s future.
Ethereum (ETH) whales are often seen as market movers, capable of driving significant price movements with their trades. Their interest in Mpeppe is a strong indicator that the project is viewed as a valuable addition to the Ethereum (ETH) ecosystem. This level of support not only boosts investor confidence but also sets the stage for a successful launch once the ICO concludes.
What Sets Mpeppe Apart in the Crowded ICO Market?
In a market flooded with new ICOs, Mpeppe (MPEPE) stands out for several reasons. First and foremost is its strategic use of the Ethereum (ETH) blockchain, which provides a solid foundation for the project’s operations. Ethereum (ETH)’s well-established network offers Mpeppe (MPEPE) access to a vast community of developers, users, and investors, ensuring that the project is built on a secure and scalable platform.
Additionally, Mpeppe (MPEPE)’s focus on decentralized finance is particularly timely. As DeFi continues to grow in popularity, projects like Mpeppe (MPEPE) that offer innovative solutions in this space are well-positioned to attract a dedicated user base. The project’s staking features, combined with its potential for high returns, make it an attractive option for both seasoned crypto enthusiasts and newcomers alike.
Moreover, the project’s transparent and community-driven approach has earned it a loyal following. The development team’s commitment to regular updates and engagement with the community has fostered trust and enthusiasm, further contributing to the project’s success.
The Road Ahead for Mpeppe
As Mpeppe (MPEPE)’s presale approaches the 85% mark, the excitement surrounding the project shows no signs of slowing down. With each phase of the presale, the price of Mpeppe (MPEPE) tokens is set to increase, making now an ideal time for investors to secure their position. The anticipation of the next phase, where the token price will rise to $0.0021, adds a sense of urgency for those looking to maximize their returns.
Looking ahead, Mpeppe (MPEPE)’s future appears bright. The strong backing from Ethereum (ETH) whales, combined with the project’s innovative approach and robust community support, positions it as a potential game-changer in the crypto space. As the ICO nears completion, all eyes are on Mpeppe (MPEPE) to see how it will perform once it hits the open market.
Conclusion: A Strategic Investment Opportunity
For investors in the Ethereum (ETH) ecosystem, Mpeppe (MPEPE) represents a unique and promising opportunity. The project’s rapid success in the presale, coupled with the endorsement of Ethereum (ETH) whales, highlights its potential for substantial returns. As Mpeppe (MPEPE) continues to gain momentum, it is poised to become a significant player in the world of decentralized finance, offering investors a chance to be part of a groundbreaking venture.
With the presale almost 85% complete, the window of opportunity is closing fast. Investors looking to capitalize on this new ETH-based ICO should act quickly to secure their tokens before the price increases in the next phase. Mpeppe (MPEPE) is more than just another ICO—it’s a strategic investment in the future of Ethereum (ETH) and decentralized finance.
For more information on the Mpeppe (MPEPE) Presale:
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The Dogecoin price has entered another stage of bullish momentum that has reignited inflows from traders. Notably, the DOGE price has surged by about 16.3% over the past 24 hours. This surge has brought into focus the possibility of the DOGE price reaching a new all-time high this year.
Interestingly, a crypto analyst on the social media platform X has highlighted a bullish fractal that could push the Dogecoin price on a parabolic run.
Dogecoin Fractal Points To New ATH
Master Kenobi shared his analysis of the Dogecoin price action on X. In his post, Kenobi outlined a fractal setup, suggesting that DOGE is on the verge of a significant breakout. Kenobi attributed the fractal formation to the consolidation that began after the DOGE price reached $0.43
A bullish fractal is a pattern that suggests an upward reversal in price. This pattern, which occurs during price consolidations, is characterized by a middle bar that has the lowest low, flanked by higher lows on each side.
Kenobi’s analysis was accompanied by a DOGE chart on the four-hour candlestick timeframe. The chart revealed that a similar fractal had occurred during the first week of November. At that time, Dogecoin was consolidating after an initial surge past the $0.20 mark. This consolidation phase, much like the current one, was marked by low volatility and steady accumulation. However, the November fractal ultimately resolved with an explosive 115% rally over six days.
Drawing parallels with the November setup, Kenobi predicted that the Dogecoin price could replicate this outcome and create a new all-time high in the next three days. In terms of a price target, a breakout would see the DOGE price reaching the $0.74 mark, which would put it above its current all-time high of $0.7316.
What’s Next For The Dogecoin Price?
The prospect of a new all-time high for the Dogecoin price is gaining ground with each passing day, especially with the price action in the past 24 hours. At the time of the analysis, the DOGE price was trading at $0.41. Interestingly, the Dogecoin price has surged to $0.46 at the time of writing, which indicates that the bullish fractal breakout has happened.
DOGE, which started November at $0.1616, is already up by about 230% in the past 30 days. Many on-chain data and price patterns point to a continued price increase, at least in the next few days and weeks. Ali Martinez, a popular crypto analyst, suggested that the Dogecoin price is in the middle of a bullish breakout to $0.82. If the price target is achieved, this would represent a further 78% gain from the current price.
Featured image created with Dall.E, chart from Tradingview.com
The crypto universe has concluded yet another week, primarily with riveting developments unfolding across the broader sector. Bitcoin (BTC) continues to pump, hitting a new ATH this week. Simultaneously, Ripple’s XRP garnered significant market attention, recording considerable gains. The broader market continues to leverage investor optimism post-U.S. elections that saw Donald Trump reelected as the president.
Here’s a brief collection of some of the top cryptocurrency market headlines that have significantly impacted investor sentiment over the past seven days.
BTC Hits New ATH Amid Bull Crypto Market
BTC price hit a new ATH near the $100K level this week, echoing a buzz across the broader sector. Notably, the flagship coin gained roughly 10% over the past week to hit an ATH of $99,655. Attributable to this bullish movement post-U.S. elections, Rich Dad Poor Dad author Robert Kiyosaki shared a bold prediction for the coin, anticipating its price to hit $13 million.
Simultaneously, the crypto also saw heightened institutional interest amid its bullish movement, underscoring the potential for further gains. Aligning with this heightened market interest, biopharmaceutical firm Hoth Therapeutics forged ahead with BTC buying plans, sparking additional optimism surrounding the crypto.
Meanwhile, Bitcoin miner MARA completed its $1 billion private offering this week, with some of the proceeds set to be used to buy more BTC. Overall, the flagship coin leveraged significant buying pressure this week, paving a bullish path for future movements.
Ripple’s XRP Steals Attention
On the other hand, XRP’s price witnessed gains worth 40% over the past week, cementing investor optimism amid a bullish digital asset sector. Notably, XRP whales accumulated nearly $526M worth of the token this week, indicating that the Ripple-backed coin could pump higher. Veteran trader Peter Brandt predicted amid this bullish movement that a parabolic rally for the crypto also lies ahead.
Further, Ripple CEO Brad Garlinghouse conveyed bullish sentiments on XRP and a possible end to the SEC lawsuit, primarily attributable to the newly appointed U.S. Treasury Secretary Scott Bessent. Simultaneously, the Ripple vs. SEC lawsuit saw the regulator and FINRA trying to bring “digital asset securities” claims. This mover comes against the backdrop of XRP’s rally to $1, with speculations of a looming $2 target on SEC Chair Garu Gensler’s exit.
Overall, these market updates have sparked significant investor enthusiasm over the crypto realm’s future action, with market watchers being optimistic.
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 Behdark has predicted that the XRP price can reach $28. This prediction follows his Elliot Wave theory analysis, which also showed when the crypto will reach this double-digit price target.
When XRP Price Will Reach Double Digits
In a TradingView post, Behdark’s Elliot Wave theory analysis showed that the XRP price can reach double digits by 2026. The analyst’s accompanying chart showed that the first double digits target for XRP will be $15, after which the crypto could eventually rally to $28. Behdark also provided more insights into XRP’s current price action and why this rally could happen.
First, the analyst mentioned that the XRP price looks to be currently within a running triangle. In line with this, Behdark remarked that wave D might complete its movement by hunting the all-time high (ATH) at $3.84. He mentioned that there could be a price correction for wave E afterward.
Once that XRP price correction happens, Behdrak predicts the next move will be the post-pattern movement targeting a level above $15. This is where the price target of $28 comes into the picture, as the analyst’s accompanying chart shows it is a feasible target for the crypto, although it might not happen in this market cycle.
An XRP price rally to $28 would mean that the crypto would have a market cap of $2.8 trillion. However, Behdrak suggested that this was still feasible. He noted that his focus was on chart analysis and not fundamentals, even though fundamentals are reflected in the chart itself.
Meanwhile, the analyst told market participants that if a clear and identifiable pattern emerges when the XRP price reaches wave E of the triangle, they could position themselves for the main move to double digits.
A Confirmation Of This Double Digit Target
Crypto analyst Dark Defender also recently shared an Elliot Wave theory analysis, which showed that the XRP price could indeed reach double digits. Specifically, the analyst’s accompanying chart showed that XRP could rally as high as $18 when the wave 5 impulsive move occurs.
Interestingly, unlike Behdark’s chart, which showed that the rally to double digits would happen in 2026, Dark Defender’s chart showed that the rally to $18 could happen as early as mid-2025. Meanwhile, the analyst said that the XRP price is currently in the third wave, with the crypto expected to rally to $5 when this next impulsive move occurs.
Afterward, the XRP price is expected to witness a corrective move that will cause it to drop to as low as $4. The next impulsive move after this could send XRP to the $18 target.
At the time of writing, the XRP price is trading at around $1.55, up over 10% in the last 24 hours, according to data from CoinMarketCap.
Featured image created with Dall.E, chart from Tradingview.com
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