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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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A renowned crypto analyst caused a huge market stir by forecasting a highly bullish outlook for Dogecoin price this Thursday. Market expert Ali Martinez revealed that a roughly 250% rally for the dog-themed meme coin to the $0.5 level looms. However, this bull run is possible given that the meme token holds above key support at $0.16. DOGE price exchanged hands at $0.1662 as of press time, igniting optimism over a rally ahead.
Dogecoin Price Eyes Over 250% Gains; Top Analyst Highlights Conditions
Ali Martinez on April 3 revealed that the $0.16 price level presents itself as a ‘make-or-break’ point for Dogecoin price via a post on X. According to him, if the price holds this level, a potential rally to $0.57 awaits, which is up nearly 256% from the current level.
However, failing to hold this level could result in a drop to $0.06, per the analyst. As a result, the key support level remains much-eyed by market watchers as the meme coin currently trades near it.
As mentioned above, the price is trading at $0.1662 with an intraday loss of over 3%. It bottomed and peaked at $0.1624 and $0.1787 over the past day, preventing losing support of $0.16. In an upshot, market watchers eye the token optimistically, expecting a sustained movement and thereby, a rally.
What Are The Next Resistance Levels For Dogecoin Price?
In another X post shared previously, the same analyst highlighted vital resistance levels for the dog-themed meme coin. Notably, the price faces two key resistance barriers at $0.18 and $0.21.
A sustained breakthrough above these resistance levels paves the way for a +250% bull run for DOGE price. In the wake of these price dynamics, crypto traders and investors are now glued to the meme coin’s price chart and await a trajectory shift.
Derivatives Data Sparks Speculations
However, Coinglass data has sparked contrary investor speculations by showcasing a decline in futures OI. DOGE futures OI was down over 3% to $1.56 billion today. This stat underscored slightly reduced investor interest in the meme token despite bullish predictions. Besides, the derivatives volume witnessed a 40% jump to $5.24 billion, adding a layer of intrigue to the market sentiment.
Crypto market traders and investors expect short-term volatility amid the dynamic market stats, whilst long-term prospects remain bullish. Also, a Dogecoin price prediction by CoinGape revealed that the technical chart on the weekly time frame showcases a bullish engulfing pattern. This formation suggests a strong momentum favoring buyers. Overall, broader market sentiments orbiting the meme coin remain bullish.
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.
As Binance’s Vote to List initiative kicks off, the exchange has turned its back on Pi Network for the second time. Binance is proceeding with the decentralized listing program but Pi Network is noticeably absent from the raft of cryptocurrencies.
Pi Network Fails To Make Binance List
Pi Network enthusiasts are in limbo following the absence of the token in Binance’s Vote to List initiative. According to a press release, Binance has opened voting for its second Vote to List initiative.
This time, 12 tokens are up for community voting, with Binance proceeding to spot-list successful tokens. Apart from vote count, Binance says it will consider trading demand, a risk assessment, and a compliance check to decide on tokens that will make the listing.
The selected tokens include VIRTUAL, BIGTIME, UXLINK, MORPHO, GRASS, ATH, WAL, SAFE, ZETA, IP, ONDO, and PLUME. While the first focused on memecoin, the second iteration beams a searchlight on utility tokens cutting across several verticals.
Back in March, Binance excluded Pi Network from its first edition of the Vote to List initiative. Binance has clarified that only BNB-based projects will be allowed to participate in the Vote to List initiative, dousing optimism for Pi Network enthusiasts.
When Will Binance List The Asset?
Despite Pi missing out on the Vote to List program, there is still a ray of hope for community members. Binance can list Pi via a direct listing in the future but a timeline is unavailable.
Experts say a lack of transparency by The PiCoreTeam (PCT) is a reason why Binance has not listed Pi Network. Particularly, the exchange took swipes at the PCT for failing to give proper disclosures on the Pi Network’s locking and burning mechanism.
Pi Network secured a major listing on the BTCC Exchange, bringing the token closer to being listed on mainstream exchanges. While a listing hovers on the horizon for Pi, the PCT’s domain auction is gathering steam with over 200,000 bids.
Pi price has been largely underwhelming over the last day, losing nearly 5%. Pi trades at $0.6646 to drop below the $0.7 mark for the first time in over a month.
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.
Following a reserve crisis that hit TrueUSD and Justin Sun’s intervention, First Digital Trust denied claims of insolvency. The Trust, at the center of the fiasco, says it is fully solvent while accusing Sun of sensationalism.
First Digital Trust Refutes Allegations Of Insolvency
First Digital Trust has released a statement debunking allegations of financial impropriety and insolvency. According to the statement, First Digital Trust says it is completely solvent while accusing Justin Sun of falsehood.
The Trust has been at the center of a whirlpool of a liquidity crisis involving TrueUSD (TUSD) with Justin Sun stepping in to stabilize the stablecoin with a capital injection. The Tron founder launched a tirade against the Hong Kong-based trust, accusing it of financial mismanagement including unauthorized trade finance loans.
“The recent allegations by Justin Sun against First Digital Trust are completely false,” read the statement.
The Trust disclosed that its FDUSD stablecoin is solvent and backed by US Treasury Bills. Per the statement, the legal dispute surrounding TUSD has nothing to do with FDUSD, accusing Sun of a smear campaign. First Digital Trust says it has not had the opportunity to defend itself in court, accusing Sun of launching social media attacks.
“This is a typical Justin Sun smear campaign to try to attack a competitor to his business,” added First Digital Trust.
Justin Sun Maintains His Stance
Justin Sun remains firm in his resolve that First Digital Trust is insolvent while urging investors to cut ties with FDUSD. He warns that the Trust founder Vincent Chok will face the full wrath of the justice system.
“First Digital Trust (FDT) is in fact insolvent,” said Sun. “If you have any relationship with it, please cut off contact as soon as possible to protect your assets.”
Following his accusations, FDUSD lost its peg and traded at a low of $0.88, a steep drop before crawling to $0.98. The loss of $130 million from its market capital has rattled investors with critics taking swipes over its de-pegging.
The Tron founder has covered every blade of grass in recent days, buying $75M of the Trump memecoin. Last week, Justin Sun weighed in on TRX’s halving proposal, supporting a proposal to mirror Bitcoin’s pattern.
The stablecoin drama comes as the US is inching toward tighter stablecoin regulation with the GENIUS Act and STABLE Act.
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.
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