Connect with us

Altcoin

Ethereum Heavy Hitters Purchase Starknet (STRK) and Mpeppe After Crypto Experts Predict 150x Returns

Published

on


The crypto world is no stranger to seismic shifts and paradigm-altering trends. The latest surge of interest comes from Ethereum whales and influential investors, who are increasingly turning their attention to two unlikely allies: Starknet (STRK) and Mpeppe (MPEPE). Following bold predictions from crypto experts of 150x returns for these tokens, the Ethereum community has started pouring capital into these emerging assets.

This shift marks a turning point for Starknet (STRK) and Mpeppe (MPEPE), two projects that, despite their differences in utility and vision, are poised to deliver massive gains for early adopters. With a volatile market and Bitcoin still hovering below crucial support levels, the hunt for the next big altcoin has intensified — and Starknet (STRK) and Mpeppe (MPEPE) are in the spotlight.

Starknet (STRK): A Survivor in a Volatile Market

Starknet (STRK) has been under the crypto microscope recently. Despite experiencing losses and being labeled as one of the week’s biggest losers, Starknet (STRK)’s long-term potential cannot be dismissed. From an investor’s perspective, the past week’s minor downturn is being seen as a golden buying opportunity. After all, seasoned crypto investors know that market dips can often precede monumental price rebounds.

In the week ending September 16, Starknet (STRK)’s price fell over 7.6%, making it one of the second-biggest losers in the market alongside Helium (HNT). However, these statistics don’t tell the full story. Starknet (STRK)’s price decline came on the heels of broader market contractions, driven largely by Bitcoin’s struggles to maintain support above $58,000. Ethereum, the blockchain that Starknet (STRK) is built to scale, has also been locked in a bearish trend, contributing to a temporary reduction in demand for Layer 2 solutions like Starknet (STRK).

But while some traders might be spooked by the weekly numbers, Ethereum whales see a different picture. Starknet (STRK) remains a key player in the Ethereum ecosystem, and the drop in price is perceived as an opportunity to accumulate at a discount. The $0.40 support level held firm, and many experts believe Starknet (STRK) is due for a bullish turnaround as market conditions stabilize. The token’s market cap remains strong at around $717 million, and long-term holders are betting big on Starknet (STRK)’s future.

Additionally, Starknet (STRK)’s underlying technology is positioned to benefit from Ethereum’s ongoing development. Starknet (STRK) provides critical scaling solutions, which will be indispensable as Ethereum continues to transition into a more scalable, decentralized network. These factors, combined with favorable long-term predictions, have positioned Starknet (STRK) as a must-watch asset for serious investors.

Mpeppe (MPEPE): Betting Big on GambleFi

While Starknet (STRK) appeals to Ethereum investors seeking infrastructure improvements and scalability, Mpeppe (MPEPE) has captured the imaginations of those betting on a different kind of future. Mpeppe (MPEPE) is making waves in the rapidly growing GambleFi sector, where decentralized gambling platforms are setting new standards for fairness, transparency, and profitability

Unlike traditional gambling platforms, which require centralized management and oversight, GambleFi platforms allow users to place bets, play games, and earn rewards directly through smart contracts. This means that players can trust that their bets are being handled fairly, without the fear of rigged outcomes or opaque house advantages.

Mpeppe (MPEPE) has risen as a leader in this space, offering users low-fee betting options and a decentralized infrastructure that cuts out the middleman. The token’s price is currently sitting at $0.0021, making it an appealing low-entry investment for those looking to maximize gains in the next bull cycle. Experts are optimistic about Mpeppe (MPEPE)’s ability to capture a significant share of the GambleFi market, with predictions that the token could see a 150x surge in value.

What makes Mpeppe (MPEPE) especially attractive is its staking mechanism. Holders of MPEPE can stake their tokens to earn passive income while also participating in the network’s governance, adding an extra layer of utility to the token. Additionally, the GambleFi industry has been experiencing tremendous growth as more users look to decentralized solutions for their gaming and betting needs.

Mpeppe (MPEPE)’s unique positioning as both a gambling token and a governance token for a decentralized betting platform gives it immense growth potential. As the market for decentralized gambling continues to expand, early investors in Mpeppe (MPEPE) are poised to benefit from what could be one of the biggest success stories of the year.

Why Ethereum Whales Are Diving In

The involvement of Ethereum heavy hitters in both Starknet (STRK) and Mpeppe (MPEPE) signals that these tokens are more than just speculative plays. Ethereum whales are known for their ability to identify emerging opportunities, and their interest in Starknet (STRK) and Mpeppe (MPEPE) reflects their confidence in the underlying technologies of these projects.

For Starknet (STRK), it’s the prospect of becoming an essential part of Ethereum’s scaling strategy that has investors excited. As Ethereum continues to grow, the need for Layer 2 solutions like Starknet (STRK) will only increase, making it a long-term play with substantial upside potential.

In contrast, Mpeppe (MPEPE) offers a completely different value proposition. Its appeal lies in the GambleFi sector, a niche but rapidly growing part of the crypto ecosystem. The transparency and fairness that decentralized gambling platforms provide are drawing in more users, and Mpeppe (MPEPE) is perfectly positioned to capitalize on this trend. Investors see Mpeppe (MPEPE) not only as a token with explosive growth potential but also as a pioneer in a new frontier of decentralized applications.

The Road Ahead: 150x Returns on the Horizon?

As we move further into the final quarter of 2024, the potential for Starknet (STRK) and Mpeppe (MPEPE) to deliver 150x returns seems more plausible than ever. The broader crypto market is expected to rebound as Bitcoin stabilizes, and altcoins like Starknet (STRK) and Mpeppe (MPEPE) will likely benefit from increased capital inflows as investors search for high-growth opportunities.

Ethereum whales are already positioning themselves for the next big wave, accumulating Starknet (STRK) and Mpeppe (MPEPE) while prices are still low. For everyday investors, this could be a chance to get in on the ground floor before these tokens experience their expected meteoric rise.

Whether you’re interested in the scalability and utility of Starknet (STRK) or the disruptive potential of Mpeppe (MPEPE) in the GambleFi space, the future looks bright for both tokens. With predictions of 150x returns, these assets are quickly becoming two of the most talked-about projects in the crypto space. For those willing to take the plunge, Starknet (STRK) and Mpeppe (MPEPE) could represent the investment of a lifetime.

For more information on the Mpeppe (MPEPPE) Presale: 

Visit Mpeppe (MPEPPE)

Join and become a community member: 

https://t.me/mpeppecoin

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

 



Source link

Altcoin

Solana Coins MEW & FIDA Prices Surge Over 25% On Major Listings

Published

on

By


FIDA and MEW, cryptocurrencies based on the Solana blockchain, saw noteworthy positive sentiment on Thursday as they secured vital listings. Solana Name Service (FIDA) secured a listing on Binance, whereas cat in a dogs world (MEW) scored a listing on Upbit. These listings have garnered significant attention globally as the tokens’ prices skyrocketed 25%-30% in tandem with the announcement.

Solana Tokens FIDA & MEW Secure Vital Listings On Binance & Upbit

According to official announcements by the mentioned exchanges on September 19, both the tokens are set to witness particular listings today. As per Binance’s official announcement, the crypto exchange is set to launch FIDAUSDT USD-Margined perpetual contract today at 12:30 UTC. Simultaneously, Upbit’s announcement revealed that it listed MEW with BTC and USDT pairs on the same day.

Intriguingly, Binance revealed that it listed FIDA with up to 75x leverage for users on the platform. Further, the crypto exchange set the capped funding rate at +2.00% / -2.00%.

Simultaneously, Upbit Korea listed cat in a dogs world within BTC and USDT markets. The Asian crypto exchange revealed that it will also add transaction support starting today.

The Solana coins listings have primarily sparked market optimism over future movements, paving the way for new money inflow into the tokens.

Tokens’ Prices Rocket Over 25%

Simultaneously, FIDA price gained nearly 45% against the backdrop of Binance’s listing announcement. The coin rested at $0.3243 today with an intraday low and high of $0.2204 and $0.3297, respectively.

Similarly, MEW price pumped nearly 26% to reach $0.00533 riding the back of Upbit listing. The coin’s 24-hour low and high were $0.00407 and $0.005728, respectively.

Meanwhile, the rising price action primarily aligns with today’s listing announcements, as seen with numerous tokens previously. CoinGape Media reported Kadena (KDA) price surged nearly 30% with its futures listing on Binance.

Also, another report reveals that PEPE and BRETT prices pumped notably on their listings on Upbit. Altogether, the exchanges’ listings rationalize today’s massive price gains.

Simultaneously, Coinglass data illustrated an 82% surge in MEW’s futures OI to $76.31 million. Additionally, the coin’s derivatives volume skyrocketed 531% to $735.63 million today. This surge has projected further optimism for the Solana-based token. Also, it’s worth noting that Solana (SOL) price upsurged 8% to trade at $140 today.

✓ Share:

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.





Source link

Continue Reading

Altcoin

Ripple Partner SBI Confirms Participation in BIS Project Agora

Published

on

By


XRP News: Ripple-partner SBI Holdings has confirmed participation in Project Agora, a joint initiative led by the Bank for International Settlements (BIS) and seven central banks. XRP community reacted to the development due to speculation of potential integration or alignment for the cross-border payments over a unified ledger initiative.

Ripple Partner SBI Reveals Participation in BIS-Led Project Agora

In a press release on September 19, SBI Holdings revealed participation by the bank in Project Agora. Ripple’s partner participation the initiative brings XRP in the spotlight as the bank is a key partner for XRP and XRP Ledger adoption.

Project Agora is an initiative jointly led by the Bank for International Settlements (BIS) and central banks to improve the functionality of cross-border transactions through tokenization. The central banks are Banque de France, the Bank of Japan, the Bank of Korea, the Bank of Mexico, the Swiss National Bank, the Bank of England, and the Federal Reserve Bank of New York.

“Through this project, we hope to improve the functionality of the financial system while maintaining the two-tiered structure of central bank money and private bank deposits, and provide new solutions that utilize smart contracts and programmability, thereby providing highly convenient services in cross-border transactions.”

The BIS/SWIFT-led initiative uses digital tokens representing assets, on a unified ledger, with smart contracts. The Institute of International Finance has convened 41 private sector institutions such as JPMorgan, Standard Chartered, Sygnum Bank, Visa, Mastercard, Citi, and HSBC.

XRP News: Token and XRPL In the Spotlight

While the initiative to revolutionize cross-border payments through tokenization doesn’t specifically mention XRP and XRP Ledger, the community believes Ripple’s technology aligns with Agora Project.

Ripple has focused on exploring the possibilities of tokenization on the XRP Ledger. In June, the company partnered with Archax to bring tokenized real-world assets (RWA) onto the XRP Ledger.

Moreover, the unified ledger concept resonates with Ripple’s Interledger Protocol (ILP), which connects banks and blockchains. This suggests a potential role for Ripple’s technology in the framework, if not XRP directly.

XRP community claims Ripple and BIS and several central banks have collaborated earlier for developments including central bank digital currencies (CBDC). Currently, Ripple CEO Brad Garlinghouse said that the company is seeking adoption in traditional finance.

XRP price jumped 2% in the past 24 hours, with the price currently trading at $0.58. The 24-hour low and high are $0.563 and $0.589, respectively. Furthermore, the trading volume has increased by 25% in the last 24 hours, indicating a rise in interest among traders.

Notably, Ripple is also a leader in remittance. If it captures 50% of the global remittance market, which is projected to reach $11.53 trillion in 2024 and $16.59 trillion by 2028, XRP price could even hit $5.

✓ Share:

Varinder Singh

Varinder has 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative future technologies. He is currently covering all the latest updates and developments in the crypto industry.

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.





Source link

Continue Reading

Altcoin

Market Strategist Say GoodEgg Is Positioned To Outpace Shiba Inu in 2024

Published

on

By


The journey of meme coins has been nothing short of spectacular in the cryptocurrency world, with Shiba Inu (SHIB) leading the charge as one of the most recognized tokens after Dogecoin (DOGE). However, the market is shifting, and 2024 could be a transformative year for new contenders like GoodEgg (GEGG). With its unique AI-based dating platform and a clear roadmap for utility, many market strategists believe GoodEgg is set to outpace Shiba Inu in the coming year.

GoodEgg (GEGG): The Coin Merging Crypto and Online Dating

While Shiba Inu (SHIB) battles its supply issues, GoodEgg (GEGG) is positioning itself as a utility-driven project with immediate real-world applications. GoodEgg’s platform isn’t just another meme coin it’s a project with a clear use case: an AI-powered dating platform. This unique value proposition is attracting both retail and institutional investors who see the potential for massive user adoption.

GoodEgg (GEGG) is currently in the presale stage, having already raised over $495,000, with its token priced at $0.00021. The project’s focus on solving real-world problems, like enhancing user experience in online dating through AI, gives it a strong foundation to grow. By integrating blockchain technology into an everyday service like dating, GoodEgg offers more than just speculative value—it provides utility. Users on the platform can match with others securely and efficiently, using the power of AI to create meaningful connections.

What’s most exciting about GoodEgg (GEGG) is its scalability. As the dating industry continues to grow, with millions of users worldwide, the demand for a more secure and intelligent dating solution is apparent. GoodEgg’s use of AI to match individuals based on compatibility, while ensuring user data privacy through blockchain, offers a much-needed solution in the current market. With such a clear value proposition, market analysts are confident that GoodEgg has the potential to skyrocket in 2024.

Shiba Inu’s Struggles: Token Burn and Supply Issues

One of the major challenges for Shiba Inu (SHIB) has been its massive token supply. Currently, there are 589 trillion SHIB tokens in circulation, a figure that has long been debated in the crypto community. Critics argue that such a large supply hinders SHIB’s ability to compete with other major cryptocurrencies, especially in terms of price growth. The law of supply and demand suggests that such a high supply naturally leads to lower prices unless demand increases exponentially.

To combat this issue, Shiba Inu (SHIB) introduced a token burn mechanism, whereby a portion of SHIB tokens is destroyed with each transaction on its network. This process is designed to slowly reduce the circulating supply and increase scarcity, theoretically boosting SHIB’s value over time. However, as noted by the Shiba Inu team and market observers, this process is slow and requires mass adoption to make a significant impact. Lucie, the marketing lead for Shiba Inu (SHIB), has emphasized the need for millions of users to engage with the SHIBARIUM ecosystem to make the burn effective at scale.

Despite this mechanism, Shiba Inu (SHIB) is currently trading at $0.00001326, and the token’s price has remained largely stagnant in recent months. The SHIB community remains hopeful that their project’s token burn and the increased utility of SHIBARIUM will help drive up the token’s value, but the path forward is long and uncertain.

Bringing Real Utility to a Digital World

For investors, the question becomes: which of these two projects offers the better return on investment in 2024? Shiba Inu (SHIB) has a loyal community and a massive circulating supply, but its growth potential is limited by the slow burn process. While SHIB’s price could rise over time, it relies heavily on massive adoption of its ecosystem, which could take years to materialize fully.

GoodEgg, on the other hand, presents a more immediate opportunity. With its presale already generating significant interest and a unique AI-driven platform that taps into a booming industry, GoodEgg (GEGG)has the potential to see exponential growth in a shorter timeframe. Its utility is clear, and the demand for AI-powered services is increasing daily.

Moreover, GoodEgg’s focus on a real-world problem dating gives it an edge over Shiba Inu, which still struggles with being seen as a speculative meme coin. GoodEgg’s (GEGG) roadmap and scalability, combined with its innovative use of AI and blockchain, make it a much more attractive investment for both short-term and long-term investors. While Shiba Inu (SHIB) has its loyal followers and continues to develop new features like token burns, the immediate utility and growth potential of GoodEgg (GEGG) make it a standout in the crowded crypto space.

GoodEgg (GEGG): A New Wave 

GoodEgg (GEGG) is not only riding the wave of meme coin popularity but also differentiating itself with a solid foundation in AI technology and practical real-world application. As market sentiment continues to shift towards projects offering tangible utility, GoodEgg’s AI dating platform is well-positioned to capture a growing user base and, by extension, increase token demand.

In conclusion, while Shiba Inu (SHIB)’s future hinges on long-term adoption and the success of its token burn strategy, GoodEgg’s (GEGG) immediate utility and clear value proposition offer a more compelling investment for 2024. With its presale already a success and more stages to come, market strategists are confident that GoodEgg (GEGG) is the project to watch, potentially outpacing Shiba Inu and other meme coins in the coming year.

Join GoodEgg (GEGG) For More Information On Presale, Use links below to join our community: 

Visit GoodEgg (GEGG)

Telegram: https://t.me/GEGG_OFFICIAL

X/Twitter: https://x.com/GoodEggToken

 



Source link

Continue Reading

Trending

Copyright © 2024 coin2049.io