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Ethereum (ETH) News: New ETH ICO Gains Massive Support Ethereum (ETH) Whale

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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: 

Visit Mpeppe (MPEPE)

Join and become a community member: 

https://t.me/mpeppecoin

https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ

 



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World Liberty Financial Purchases 14,403 Ethereum, ETH Price Rally Ahead?

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Donald Trump’s decentralized finance (DeFi) project World Liberty Financial has purchased a massive 14,403 Ethereum in the last 24 hours, cementing further confidence in the altcoin. The project made a fresh investment of $16 million in buying these coins and is already sitting on profit as the ETH price surged 5% to $3,4000.

World Liberty Financial Stashes More Ethereum

Trump’s World Liberty Financial (WLFI) has continued to accumulate Ethereum, spending a total of 48 million USDC to acquire 14,403 ETH at a price of $3,333 in the past 12 hours, as per data from Arkham Intelligence.

Source: Arkham Intelligence

The organization now holds 40,765K ETH, valued at approximately $138.5 million. Additionally, World Liberty has a significant amount of ETH stored on Coinbase, which they recently deposited.

This recent accumulation puts behind the doubts that the Donald TrumpDeFi Project was offloading its ETH. As World Liberty Financial clarified, it was just part of routine transfers to new wallets and not part of their selling.

More Ethereum Purchases Coming?

On the other hand, Eric Trump, the executive vice president of the Trump organization has hinted that there’s more to come ahead.

Commenting on the recent development around the TRUMP meme coin launch as well as the MELANIA meme coin launch, Donald Trump Jr. wrote:

“We are all extremely proud of what we continue to accomplish in crypto. $Trump is currently the hottest digital meme on earth and I truly believe that World Liberty Financial will revolutionize DeFi/Cefi and will be the future of finance. We are just getting started!”

ETH Price Surge to $4,000 Begins

Looking past last week’s underperformance, Ethereum bulls have charged in once again! In the last 24 hours, the ETH price has surged 5.11% moving past $3,400 levels with daily trading volumes jumping 117% to $68 billion. In the last 24 hours, the total ETH liquidations have shot up to $209 million as per the Coinglass data.

Popular crypto analyst CrediBULL crypto stated that ETH has bounced back from the strong support levels of $3,100 and is on the way to its immediate target of $4,000.

Source: CrediBULL Crypto

Popular analyst Ali Martinez highlights that during every bullish cycle, Ethereum (ETH) has traded above the 3.2 MVRV Pricing Band, a level that currently stands at $7,000.

World Liberty Financial (WLFI) Token Sale

World Liberty Financial, has successfully completed the pre-sale of its token and is now offering more at a 230% markup due to overwhelming demand. Launched in September, the platform initially planned to sell 20% of its total 100 billion. However, the project is now offering an additional 5 billion for sale at 5 cents each. The official announcement from the project notes:

“We’ve completed our mission and sold 20% of our token supply! Due to massive demand and overwhelming interest, we’ve decided to open up an additional block of 5% of token supply”.

Tron founder Justin Sun took this opportunity with TRON DAO boosting its investment in World Liberty Financial by adding an additional $45 million. With this new injection, TRON DAO’s total investments in the DeFi venture now reach $75 million.

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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.





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Coinbase CEO Reveals Plan To Offer ‘Tier-1 Support’ For Solana Alike BTC & Ether

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In an effort to uplift market sentiment, Coinbase CEO recently announced plans to offer ‘tier 1 support’ to Solana following transaction glitches on the crypto trading platform. Notably, the exchange’s CEO, Brian Armstrong, revealed that the transaction glitch on the network was fixed. Further, efforts to prevent such issues ahead were also underway.

As a result, the crypto exchange giant now eyes increased support for the network, mirroring the same level offered to Bitcoin and Ether.

Coinbase CEO Reveals Tier 1 Support Underway

In an X post by Brian Armstrong dated January 22, the Coinbase CEO revealed that the crypto exchange is aiming to provide “tier 1 support for Solana, with the same level of support as Bitcoin, Ethereum, and Base.” This statement indicated that after recent withdrawal issues faced by users on the crypto exchange, efforts to prevent such events in the future were in the pipeline.

Notably, Armstrong stated, “It’s clear we need to step up our game on Solana, scale our infrastructure, and provide native support for common use cases like DEX/memecoin trading.” Although, the CEO’s statements underscored that although the crypto trading platform is currently unable to tackle the surge in activity, a positive outlook for users lies ahead.

SOL Transaction Glitch Fixed: Coinbase CEO

Meanwhile, the Coinbase CEO has also revealed that the exchange has “the Solana backlog triaged, and transactions should generate quickly again.” This statement comes against the backdrop of a SOL withdrawal halt, wherein leading crypto exchanges Coinbase and Binance halted withdrawals for the crypto amid high withdrawal volumes.

In turn, some traders remain unhappy due to the loss incurred amid the network glitch, whilst others look to withdraw funds as the issue is fixed amid a broader crypto market recovery.

SOL Price Surges Over 7%

As of press time, SOL price pumped nearly 7.5% intraday and is sitting at $257.48. The coin’s 24-hour low and high were $236.36 and $259.83, respectively. Intriguingly, the crypto’s rising trajectory in tandem with the transaction trouble fix, as revealed by the Coinbase CEO, has ignited significant investor enthusiasm. Moreover, the current pump also mirrors the broader crypto market trend, as mentioned above.

Also, it’s worth mentioning that the Solana network saw a huge surge in activity amid the meme coins TRUMP and MELANIA’s recent launch, a potential reason why withdrawal volumes on Coinbase surged. In light of this activity surge, a recent SOL price analysis by CoinGape revealed that the token may experience significant growth ahead. In turn, crypto market watchers continue to eye the token with bullish long-term prospects amid recent developments.

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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.





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Tron Founder Justin Sun Reveals Plan To Push Ethereum To $10K

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Tron founder Justin Sun has laid out an ambitious plan to drive Ethereum (ETH) price towards a $10,000 price point. Sun’s proposal includes halting ETH sales, taxing Layer 2 solutions, and focusing on Layer 1 development. These bold steps are designed to strengthen the token position in the crypto market and ensure long-term growth.

Sun’s strategy aims to not only optimize ETH supply but also create a deflationary system to build market confidence and attract further investments. His plan comes as the token market dynamics continue to evolve.

Justin Sun’s Bold Plan to Boost ETH Price

On January 22, Justin Sun shared his plan on X to push Ethereum price to $10,000. The Tron founder proposes ceasing Ethereum Foundation (EF) sales of ETH for the next three years. By halting the sale, Sun believes supply will remain stable, supporting a deflationary market model.

Additionally, Sun plans to leverage AAVE lending, staking yields, and stablecoin borrowing to cover operational costs, ensuring long-term sustainability. His vision includes restructuring the ecosystem and creating a more efficient system to fuel ETH’s price growth.

Justin Sun’s Vision for Ethereum and Layer 2 Solutions

Justin Sun has been vocal about his plan and making waves within the crypto community. He also expressed admiration for newly elected US President Donald Trump, highlighting the potential for crypto-friendly policies. Sun’s proposed tax on Layer 2 solutions is a key strategy, aiming to generate at least $5 billion annually.

All collected taxes will be used to repurchase and burn ETH, helping to drive the token’s deflationary nature. Tron founder plans to focus on bolstering Ethereum’s core development, ensuring its long-term scalability, and reinforcing its value proposition.

ETH Price Context and Market Update

Ethereum price has remained steady, trading within a range of $3,265 to $3,366 in the past 24 hours. Its 24-hour trading volume was $26 billion, reflecting a slump of 36%. Notably, Ether Futures Open Interest stayed near the flatline today.

However, despite the fluctuation, ETH remains a focal point for large investors. Recent Coingape reports indicate that whales have accumulated over $1 billion in ETH over the past few days.

Adding to the market dynamics, Tron founder Justin Sun has deposited a total of 227,000 ETH to the crypto exchange HTX over the past few months. This move by Sun, in conjunction with his ambitious plans for Ethereum, could further influence ETH’s price trajectory.

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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.





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