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

Ethereum Community Split Over Onchain Rollback Amid Bybit Hack

Published

on


As Bybit picks up the pieces from its jarring security breach, the Ethereum (ETF) community has been buzzing with speculation over the network’s future. One side of the divide makes a case for a blockchain rollback designed to eliminate malicious transactions, while the purists argue that the move will “kill” Ethereum’s credibility.

Forging Ahead With a Rollback

BitMEX co-founder Arthur Hayes has declared support for a rollback for the top layer 1 network, pitching his tent on the premise of Ethereum’s hard fork in 2016. For Hayes, since the network has undergone a previous hardfork, a rollback to stifle the ability of North Korean hackers to use stolen assets should be an easy choice for validators.

Samson Mow, Jan3 CEO, endorsed the proposed rollback in conversations with Ethereum co-founder Vitalik Buterin. Mow’s theory proposes the $ETH ticker for the rolled-back chain and renaming the current chain $ETHNK, urging Coinbase and other exchanges to delist the token from their platforms.

While the debate rages on, hardliners in the Ethereum community may be swayed by claims that the stolen ETH by state-sponsored hackers will be used to fund North Korea’s nuclear weapon programs. The $1.5 billion pilfered from the Bybit hack surpasses previous security breaches in scale, dwarfing the top five biggest hacks of 2024 by a country mile.

A blockchain rollback is an event that reverses confirmed transactions on a network to a previous state. Traditionally, the concept involves chain deployment after security breaches, and it takes several forms, including forks and chain reorganizations.

Ethereum Community Against The Rollback

Amid the Bybit hack, blockchain proponents in the Ethereum community are adopting a hard stance against a rollback proposal, citing the grim potential of eroding Ethereum’s credibility in the grand scheme.

“A rollback can only happen if you split the chain. Ethereum’s reliability and neutrality would be at risk,” said pseudonymous crypto trader Borovik on X. “This should never happen, under no circumstances.”

Borovik’s argument has received support from Bitcoin proponent Jimmy Song, who notes that the Bybit incident is significantly different from 2016’s DAO hack. Song’s claim against a rollback hinges on the fact that the Bybit hack is a settled affair, while the DAO hack took a month to execute.

“I know people are expecting the Ethereum Foundation to roll back the chain, but I suspect it’s already too much of a mess to do it cleanly,” said Song

✓ Share:

Aliyu Pokima

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

Analyst Reveals Two XRP Price Levels To Watch, Is $250 On?

Published

on


XRP price has continued its bearish consolidation as Ripple community investors continue to weigh the impacts of the recent Bybit hack. Against some visible trends, XRP has maintained its price drawdown but has stayed above the $2.5 mark despite the massive selloff. In light of this crypto technical analysis platform, More Crypto Online, the coin remains neutral and indecisive. This outlook has introduced a major twist in the expectation that the coin could hit $250 in the near long term.

XRP Price Trading Within Very Tight Range

According to an update on X More Crypto Online, XRP remains rangebound, holding above the invalidation point at $2.47. At the time of writing, the coin was changing hands for $2.592, down by 0.63% in the past 24 hours. The coin has moved from a low of $2.512 to a high of $2.597 before settling at the current level.

Per the analytical platform, the bullish structure of XRP remains technically intact despite the latest offsets. However, the current outlook shows the coin has not made a major move to break above the resistance point at $2.8. This implies the coin will likely see the bearish scenario play out for a few more days.

The analysis outfit issued two primary price levels for traders to watch. This includes the $2.47 invalidation level and the $2.75 breakout zone. Breaching these two levels can imply a further dropdown or rally for the coin.

Is the $250 Price Target Still Feasible?

In an earlier XRP price analysis, CoinGape reported that market analyst XRP Captain predicted the coin may hit $250 between now and 2026. This forecast is hinged on the premise that Ripple whales were accumulating the coin rapidly.

While analysts are generally optimistic regarding Ripple, this is by far the most ambitious projection for the coin. As reported earlier, the influence of the coin’s supply was showcased as a major bane toward achieving this massive projection.

However, the environment remains promising, considering the pro-crypto outlook of the United States government.

Ripple Lawsuit Impact

Bringing the Ripple Labs versus United States Securities and Exchange Commission (SEC) lawsuit is key to the future of the XRP price. Earlier, Coinbase and the US SEC agreed to dismiss their lawsuit, which is pending the commission’s approval. The community is optimistic that the Ripple Labs lawsuit will be the next in line to be dismissed.

Beyond this, the impact of the potential XRP ETF approval on the coin’s price is also profound. Despite the effects of the Bybit hack and the current consolidation, the optimism for a massive breakout is high.

✓ Share:

Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.

Follow him on X, Linkedin

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

Litecoin Whales On Buying Spree Sack 930K Coins Amid LTC ETF Buzz, What’s Next?

Published

on


Litecoin whales have shaken the crypto market to its core on Saturday, embarking on a massive buying spree amid the latest ETF advancement. Renowned crypto analyst Ali Martinez revealed that these whales accumulated nearly 1 million tokens over the past two weeks. Investors are eyeing this as a highly bullish event, given that the market has also seen Canary Capital’s LTC ETF on the Depository Trust & Clearing Corporation (DTCC) recently.

Litecoin Whales Buy Heavily, Investors Bullish Amid ETF Development

According to an X post by Ali Martinez on February 22, Litecoin whales acquired 930,000 tokens in the past two weeks. This data reverberated substantial market optimism for the crypto, underscoring heightened buying pressure despite the broader market turbulence.

Litecoin Whales Litecoin Whales
Source: Ali Charts, X

Notably, crypto whales are large-scale investors with considerable trading experience in the market. Their trade maneuver to accumulate coins surfaces as bullish news, underlining market confidence in the token’s potential to gain on the back of recent developments.

Canary Capital’s ETF Emerges On DTCC

The latest ETF development for the token has solidified hopes of an approval ahead. CoinGape reported that Canary’s LTC ETF appeared on the DTCC platform under the ticker LTCC this week. This saga has solidified investor bullishness as an exchange-traded product backed by the crypto may be available soon.

Also, renowned ETF analyst Eric Balchunas further anticipated that there is a 90% chance of approval in 2025. The Litecoin whale accumulations amid this bullish event have further boosted the coin’s market sentiment, indicating potential gains ahead.

LTC Price Eyes Rally?

However, despite the massive buying, LTC price tanked over 5% on Saturday, closing in at $128.13. The coin hit a bottom and peak of $123.93 and $139.86 in the past 24 hours. The weekly chart for the token also illustrated a 3% drop. This waning action primarily falls in with the broader crypto market volatility.

Nevertheless, renowned crypto trader Carl Moon took to X, revealing that a $143 price target looms for the token. As per Carl, LTC is forming a bullish flag on lower timeframes, signaling an uptrend ahead. The significant buying pressure brought by Litecoin whales further supports this bullish prediction.

Litecoin (LTC) priceLitecoin (LTC) price
Source: Carl Moon, X

Crypto market traders and investors thoroughly monitor the token, reflecting optimism amid recent ETF developments and strong whale support.

✓ 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

Trending

Copyright © 2024 coin2049.io