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Experts Predicted 150% Rally For Quant and Mpeppe Once Market Turns Around
Quant (QNT) and Mpeppe (MPEPE) have shown resilience and potential in the face of bearish conditions, leading analysts to predict a potential 150% rally for these assets when the market shifts to a more favorable trend. Let’s explore how Quant (QNT) and Mpeppe are navigating the current landscape and why they’re positioned for a significant surge.
Quant (QNT) Shows Signs of Strength Amid Increased Trader Activity
Quant (QNT) has seen a surge in trader activity, with the token ranked as the 70th largest cryptocurrency in the global market. Despite its recent underperformance compared to other top crypto assets over the past year, Quant (QNT) has displayed solid buying momentum, pushing its price to higher levels.
At the time of writing, Quant (QNT)’s price was at $70.75, marking a significant improvement. This price movement was fueled by strong intraday volume, which surpassed $60 million, indicating increased interest from traders. Over the past 24 hours, Quant (QNT)’s traded volume rose by over 100%, underscoring the heightened demand for the token.
The market cap of Quant (QNT) stands at $854.252 million, with a market cap dominance of 0.04%. While Quant (QNT)’s price volatility remains moderate at 4.51%, its performance suggests a stable trajectory that could lead to further price advances. The fear and greed index, currently at 26, reflects caution among investors, but the token continues to rise, signaling a potential shift in market sentiment.
On-Chain Data Supports a Positive Outlook for Quant
On-chain data for Quant (QNT) reveals some promising developments. Over the past week, there has been a significant increase in centralized and decentralized exchange activity, indicating that more money is flowing into the ecosystem. This influx of capital suggests that investors are betting on Quant (QNT)’s long-term potential.
Additionally, Quant (QNT) boasts a total of 150.3 million holders, with the top 10 holders controlling 28.71% of the total supply. This concentrated ownership is typical of tokens with strong institutional backing, which often leads to price stability and long-term growth.
Quant (QNT)’s price correlation with Bitcoin (BTC) stands at 0.94, indicating that while it often follows BTC’s price trends, it has the potential to break out independently when market conditions are favorable. In the past week alone, Quant (QNT) recorded $1.52 million in inflows, further underscoring the growing interest in the token.
Quant’s Technical Indicators Suggest a Breakout Is Imminent
Technically speaking, Quant (QNT) appears poised for a bullish breakout. The token recently broke out of a falling wedge pattern on the daily chart, a pattern that typically signals the end of a downtrend and the beginning of a rally. The breakout was accompanied by a surge in volume, confirming the reliability of the price movement.
The Relative Strength Index (RSI), a key momentum indicator, has surged to 60.5, indicating increasing bullish momentum. This was further supported by a bullish crossover in the MACD (Moving Average Convergence Divergence) and signal line, suggesting that Quant (QNT) may be gearing up for a strong upward move.
Quant (QNT) is expected to face resistance at $81.0 and $116.0, with support levels around $40.0 and $57.0. If the token can break through these resistance levels, analysts predict a 150% rally as market conditions improve.
Mpeppe (MPEPE): The Emerging Star of The Scene
While Quant (QNT) enjoys institutional backing and strong technical fundamentals, Mpeppe (MPEPE) is gaining attention for its unique position in the meme coin and casino space. As a newer token, Mpeppe (MPEPE) has already attracted a significant following thanks to its innovative approach to blockchain-based gambling. With its low entry price and potential for massive returns, Mpeppe (MPEPE) is quickly becoming a favorite among retail investors.
Mpeppe (MPEPE)’s appeal lies in its ability to offer high-reward opportunities in a decentralized ecosystem. The token has gained traction due to its casino-themed platform, which allows users to participate in various games while earning rewards. With the gaming industry expanding rapidly, Mpeppe (MPEPE) stands to benefit from this growth, making it a prime candidate for investors seeking early-stage opportunities with explosive potential.
Despite the bearish market, Mpeppe (MPEPE) has held its ground and is positioned to capitalize on a market rebound. Analysts believe that once the market turns bullish, Mpeppe (MPEPE) could see its value skyrocket alongside other meme coins, particularly as more investors flock to its platform.
What’s Next for Quant and Mpeppe?
As the cryptocurrency market remains unpredictable, both Quant (QNT) and Mpeppe (MPEPE) are positioned to thrive once conditions improve. For Quant, its technical strength and growing institutional interest suggest that it could see a significant price surge, particularly if it can break through key resistance levels. With strong on-chain data and increasing whale activity, Quant is poised for a potential 150% rally in the near future.
Meanwhile, Mpeppe (MPEPE)’s unique position in the meme coin and casino space makes it a standout option for investors looking for high-reward opportunities. As the token continues to gain momentum, it could become a top performer in the next market cycle.
Conclusion: The Future Looks Bright for Quant and Mpeppe
In a market filled with uncertainty, Quant (QNT) and Mpeppe (MPEPE) are two tokens that offer promising prospects. Quant’s strong technical indicators and institutional support make it a solid investment for those looking for long-term growth, while Mpeppe’s innovative platform offers the potential for massive gains once the market turns around.
For investors looking to capitalize on the next big rally, both Quant and Mpeppe (MPEPE) present exciting opportunities that shouldn’t be overlooked.
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As the cryptocurrency market evolves, it’s becoming evident that hype alone can’t sustain a token’s value. This realization has led some of the largest Bonk (BONK) holders, known as “whales,” to diversify their portfolios by investing in GoodEgg (GEGG). Experts are now predicting a potential 100x return on GoodEgg (GEGG), with some of the most prominent Bonk (BONK) whales taking early positions in the token’s presale.
More Than A Memecoin: Bonk Whale Shift to GEGG
One of the largest Bonk (BONK) holders, previously known for their substantial investments in the meme coin space, has recently made headlines by becoming an early investor in GoodEgg (GEGG). This shift comes as Bonk (BONK) continues to face declining momentum, losing 2% in value over the last 24 hours, with weekly losses stacking up to 10%. The whale’s move reflects a growing sentiment that the current meme coin market is becoming oversaturated, with investors searching for projects that offer more than just speculative gains.
Bonk (BONK), once a rising star on the Solana network, has seen a significant reduction in trading volume, and many analysts believe that its future will depend heavily on finding new utility or partnerships to maintain investor interest. While the Bonk (BONK) community remains hopeful, the shift of whales to projects like GoodEgg (GEGG) highlights a growing trend among larger investors who prioritize long-term growth over short-term gains.
GoodEgg’s Strong Fundamentals
In contrast, GoodEgg (GEGG) offers more than just hype. It is a utility-driven project with an AI-based dating platform that leverages blockchain for security and privacy. The project’s innovative approach to online dating has sparked interest from investors who see it as a real-world solution with significant potential for user adoption.
GoodEgg’s presale has already raised over $495,000, showing that investors are eager to get in early on this project. The platform’s combination of blockchain security and AI matching technology provides a fresh approach in a saturated online dating market, which is expected to grow significantly in the coming years.
Experts Predict 100x Gains and Long-Term Scalability
Market analysts are now predicting that GoodEgg (GEGG) has the potential to generate 100x returns for early investors, particularly as its platform begins to attract more users and integrates additional features. The scalability of GoodEgg (GEGG) in the dating industry, combined with its AI-driven capabilities, gives it an edge over traditional meme coins like Bonk (BONK).
While Bonk (BONK) struggles to maintain its market position, GoodEgg (GEGG) is gaining traction among both retail and institutional investors. The whale’s entry into GoodEgg (GEGG) has further validated the project’s potential, with many now looking at it as the next big thing in the crypto space.
As the presale continues, those who missed out on Bonk (BONK) during its early days are now looking at GoodEgg (GEGG) as their next opportunity for massive gains. With strong fundamentals and a clear roadmap, GoodEgg (GEGG) is positioned to become a major player in the crypto market, leaving Bonk (BONK) in the dust as it builds a long-term, sustainable future.
Join GoodEgg (GEGG) For More Information On Presale, Use links below to join our community:
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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.
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.
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.
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.
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