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Experts Predict Mpeppe’s Impressive Performance Could Spark Ethereum Recovery

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7 months ago

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In the volatile world of cryptocurrency, Mpeppe (MPEPE) has been making waves, garnering attention from investors as a new player in the decentralized gambling sector. Experts are predicting that Mpeppe’s success could even spark a recovery for Ethereum (ETH), a long-time stalwart in the blockchain ecosystem. With Ethereum showing signs of a potential breakout and Mpeppe (MPEPE) gaining traction in its presale stages, the two tokens are setting the stage for what could be a transformative moment in the crypto market.

Ethereum’s Road to Recovery

Ethereum (ETH) has long been a leading force in the cryptocurrency space, known for its role in decentralized applications (dApps), smart contracts, and as the backbone of decentralized finance (DeFi). However, after facing a challenging year, Ethereum has struggled to regain its former price highs. Currently priced around $2,383, experts such as the prominent crypto analyst Kaleo predict a significant recovery could be on the horizon.

According to Kaleo, Ethereum (ETH) may have already hit its local low and is poised for an upward move. He suggests that ETH could surge to $4,400 in the coming months. This positive forecast comes at a time when the crypto market has been recovering from a prolonged period of correction, and many are watching Ethereum closely to see if it can reclaim its status as a leading digital asset.

Mpeppe (MPEPE): A Rising Star in the ETH Ecosystem

Mpeppe (MPEPE), a new gambling-focused ICO built on Ethereum’s blockchain, has quickly gained momentum. Its focus on decentralized and transparent gambling has attracted investors looking for innovation in the cryptocurrency space. Mpeppe (MPEPE)’s unique approach, leveraging Ethereum’s smart contract capabilities, has been instrumental in its early success.

The Mpeppe (MPEPE) token, currently priced at $0.0021, has completed 80% of its Stage 4 presale, showcasing strong demand from the crypto community. As more investors flock to Mpeppe (MPEPE), the token’s success is likely to have a ripple effect on Ethereum, as it further cements ETH’s role as the foundation for innovative decentralized applications.

Mpeppe’s rise has been particularly interesting for Ethereum (ETH) holders, as it demonstrates the continued utility and demand for Ethereum-based projects. Mpeppe (MPEPE) could serve as a catalyst for Ethereum’s price surge, providing a boost of confidence to the entire Ethereum (ETH) ecosystem.

Ethereum and Mpeppe: A Symbiotic Relationship?

Ethereum’s scalability solutions, such as sharding, are expected to enhance the network’s efficiency, which will benefit all Ethereum-based projects, including Mpeppe (MPEPE). As Ethereum continues to evolve, its ability to support new and exciting decentralized applications like Mpeppe will be key to its long-term success.

While Ethereum (ETH) faces competition from other blockchains like Solana, its robust ecosystem and widespread developer support remain unmatched. This makes Ethereum the ideal platform for projects like Mpeppe, which rely on the blockchain’s security and scalability features. Mpeppe, in turn, could help boost Ethereum’s visibility by attracting more users to the network through its decentralized gambling platform.

Crypto Market Trends and Outlook

As the crypto market heads toward the final quarter of the year, there’s a growing sense of optimism. Analysts have dubbed the upcoming months “Uptober” and anticipate even greater gains in November. Ethereum (ETH) is expected to benefit from this bullish market sentiment, and projects like Mpeppe could further amplify its recovery.

The resurgence of Ethereum (ETH) is crucial for the broader market, and many believe that its price could hit the $4,400 mark as predicted by Kaleo. This would be a significant jump from its current price, and Mpeppe’s (MPEPE) success could play a role in driving this recovery. Investors are encouraged to keep a close eye on both tokens, as the next few months could offer exciting opportunities for those willing to take the plunge.

Could Mpeppe (MPEPE) and Ethereum (ETH) Create the Next Wave of Millionaires?

The potential for both Ethereum (ETH) and Mpeppe (MPEPE) to deliver strong returns cannot be ignored. Ethereum, with its established infrastructure and ongoing upgrades, is well-positioned to see substantial growth in the coming years. Meanwhile, Mpeppe (MPEPE) offers a unique entry point for investors looking to capitalize on a new and innovative project in the decentralized gambling space.

For those holding Ethereum (ETH), Mpeppe (MPEPE) represents an opportunity to diversify within the ETH ecosystem while benefiting from the potential upside of both tokens. As the market continues to evolve, Mpeppe (MPEPE) and Ethereum could become two of the standout performers, delivering impressive returns for investors.

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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VanEck Seeks BNB ETF Approval—Big Win For Binance?

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3 minutes ago

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April 3, 2025

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Investment giant VanEck has registered a Binance Coin (BNB) exchange-traded fund in Delaware, marking its fifth cryptocurrency ETF registration in the state. The move comes as major financial institutions continue to bet on digital assets despite market volatility.

BNB Joins VanEck’s Crypto ETF Lineup

According to public records on Delaware’s official state website, VanEck registered the new product on Monday under filing number 10148820. The “VanEck BNB ETF” was registered as a trust corporate service company, following similar registrations for Bitcoin, Ethereum, Solana, and Avalanche ETFs.

The New York-based company confirmed the BNB ETF will track the price of Binance Coin, currently ranked as the fifth-largest cryptocurrency with a market value of approximately $599. On-chain data showed BNB’s trading volume jumped 40% to over $2 billion after the announcement.

First BNB ETF Attempt In US Markets

VanEck’s filing represents the first attempt to create a Binance Coin ETF specifically for US investors. While other BNB-related products exist in global markets, such as the 21Shares Binance ETP, none are based in the United States. The 21Shares product remains the only exchange-traded note tracking the Binance Coin index.

The registration follows VanEck’s successful launches of Bitcoin and Ethereum ETFs last year after securing Securities and Exchange Commission approval. The company manages nearly $115 billion in client assets globally.

Crypto ETF Race Heats Up

“VanEck seems to be taking a ‘throw everything at the wall and see what sticks’ approach, which makes sense,” said Sumit Roy, senior ETF analyst at etf.com. “Avalanche isn’t the most widely traded cryptocurrency, but being first to market with an ETF in a new category comes with potential upside and little downside.”

BNB market cap currently at $85 billion. Chart: TradingView.com

The move comes just weeks after VanEck applied for SEC approval to launch the first AVAX ETF. Based on reports from Delaware’s state website, that document was registered under file number 10125689.

VanEck isn’t alone in pursuing alternative cryptocurrency ETFs. Grayscale has also applied to launch funds based on XRP, Solana, and Dogecoin. The firm’s Bitcoin fund currently manages nearly $17 billion and ranks third among Bitcoin funds from companies like BlackRock and Fidelity.

Crypto ETFs Gaining Momentum

The surge in ETF applications follows the strong performance of spot Bitcoin and Ethereum funds in 2023. Crypto-based exchange-traded products have drawn approximately $44 billion in assets during 2024 alone.

The NASDAQ exchange also submitted an application to the SEC on March 28 to list shares of an Avalanche ETF issued by crypto asset manager Grayscale. According to filing documents, Grayscale’s AVAX fund would use Coinbase Custody as its custodian.

VanEck’s latest move with BNB suggests major financial institutions see growing investor appetite for regulated cryptocurrency investment vehicles beyond just Bitcoin. The company filed for a Solana ETF in June 2024, making it the first potential SOL exchange-traded fund in the US.

To gain official approval, VanEck must now file a formal S-1 form with the SEC for these newly registered crypto ETFs.

Featured image from Gemini Imagen, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.





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Analyst Forecasts 250% Dogecoin Price Rally If This Level Holds

Published

3 hours ago

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April 3, 2025

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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.

Dogecoin Price Chart analysisDogecoin Price Chart analysis
Source: Ali Charts, X

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.

Dogecoin price resistance levelsDogecoin price resistance levels
Source: Ali Charts, X

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.

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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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Binance Sidelines Pi Network Again In Vote To List Initiative, Here’s All

Published

6 hours ago

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April 3, 2025

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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.

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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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