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Here’s Why Shiba Inu (SHIB) Will Reach $0.0011 After ETF Approval and Mpeppe (MPEPE) Will Be Worth $1 Per Token
The crypto market is buzzing with speculation around Shiba Inu (SHIB) and Mpeppe (MPEPE), two meme-inspired coins that are positioned to see significant growth. With Shiba Inu (SHIB) potentially heading to $0.0011 following ETF approvals and Mpeppe (MPEPE) eyeing the $1 mark per token, these tokens are on every investor’s radar. Here’s why both cryptocurrencies could see massive price gains.
Shiba Inu (SHIB)’s ETF Approval: A Game-Changer?
The approval of cryptocurrency exchange-traded funds (ETFs) has sparked excitement in the crypto world. Shiba Inu (SHIB), a coin already driven by an enthusiastic community, could be one of the biggest beneficiaries of this news. ETF approval opens the doors to institutional investors, injecting significant liquidity into the market. SHIB’s market price could rally to $0.0011 as a result, as institutional money flows into this fan-favorite token.
Why Shiba Inu (SHIB)’s $0.0011 Price Target is Within Reach
Shiba Inu (SHIB) has been making strides with its development projects, including the Shibarium Layer 2 solution and its push for more utility within its ecosystem. As SHIB continues to evolve beyond just a meme coin and into a token with real-world applications, its value could grow exponentially. The added exposure from the potential ETF will likely trigger a surge in demand, pushing the price closer to the $0.0011 mark.
Mpeppe (MPEPE)’s Rise to $1: A Meme Coin Revolution
While Shiba Inu (SHIB) focuses on expanding its ecosystem, Mpeppe (MPEPE) is taking a different approach by integrating decentralized finance (De-Fi) protocols. The combination of De-Fi with meme culture has positioned Mpeppe (MPEPE) as more than just a meme coin; it’s a utility token with real-world value. Mpeppe (MPEPE) provides access to financial services like yield farming, liquidity mining, and decentralized governance, giving it the edge to reach $1 per token.
ETF Approval for Shiba Inu (SHIB): A Path to Institutional Adoption
The ETF approval has the potential to bring institutional investors into the world of meme coins. Shiba Inu (SHIB), already a household name, could see a flood of new capital, further pushing its price upward. The increase in institutional backing will solidify SHIB’s place as a serious contender in the crypto market, boosting its price to $0.0011 and beyond.
Mpeppe (MPEPE)’s $1 Potential: A Realistic Goal?
Given Mpeppe (MPEPE)’s focus on De-Fi utility and its growing community, the $1 price target is not just a distant dream. Mpeppe (MPEPE) is positioning itself as a leader in the next generation of meme coins, offering real financial applications that will attract both retail and institutional investors. As more people begin to understand the De-Fi ecosystem that Mpeppe (MPEPE) offers, the $1 price target will become increasingly attainable.
Conclusion: A Bright Future for Both SHIB and MPEPE
Both Shiba Inu (SHIB) and Mpeppe (MPEPE) are on the verge of monumental price surges. With Shiba Inu (SHIB) potentially hitting $0.0011 after ETF approval and Mpeppe (MPEPE) poised to reach $1 per token, now is the time for investors to watch these two tokens closely. Whether you’re a fan of Shiba Inu (SHIB)’s established community or Mpeppe (MPEPE)’s innovative approach to De-Fi, both tokens present exciting opportunities for future gains.
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Crypto expert Egrag Crypto has again predicted that the XRP price could rally to as high as $27. The analyst has also revealed the exact timeline for when the altcoin could record this massive price surge.
Expert Reveals Time For XRP Price To Hit $27
In an X post, Egrag Crypto asserted that the XRP price can hit $27 in 60 days. The expert remarked that historical patterns indicate that the altcoin can reach this target within this timeframe.
Based on this price prediction, XRP could reach this $27 target by June, marking a 1,250% gain for Ripple’s native crypto. The expert’s accompanying chart showed that he was alluding to the 2017 bull run as to why the altcoin could record such a parabolic rally.
In 2017, XRP recorded a historic gain of over 60,000% as it rallied to its current all-time high (ATH) of $3.8 the following year. As such, based on history, a 1,250% increase is nothing for the altcoin.
In the meantime, the XRP price still boasts a bearish outlook thanks to the sentiment in the broader crypto market. As CoinGape reported, Ripple’s coin could drop to the next major support levels at $1.79 and $1.56 if it fails to hold above $2.03.
Decision Time For The Altcoin
In an X post, crypto analyst CasiTrades stated that it is decision time for the XRP price. She noted that the altcoin is showing strength with a bounce right back to the first key test at $2.17. She added that this is the resistance level she wants to see flip into support, as it might be the “most important price of the week.”
The analyst stated that XRP must reclaim this level to build momentum. She added that the $2 level remains a valid target if the $2.17 level rejects. Meanwhile, CasiTrades revealed that $2.70, $3.05, and $3.80 are the major resistance zones once the upward trend is confirmed.
The analyst also mentioned that the XRP price is now fully inside the Fibonacci Time Zone 3, which spans most of April. She affirmed that this is the breakout window market participants have been preparing for and that all signs point to a macro wave.
CasiTrades affirmed that the structure is clean. The RSI divergence has confirmed the bottom, while the subwaves are aligning well with the larger targets. If the next leg pushes XRP back above $2.17 with momentum, she claimed that market participants may finally see obvious signs of Wave 3. Interestingly, the analyst added that if the altcoin clears $2.70 this week, it may break the $1,000 price extension.
For now, investors may remain cautious, especially seeing how XRP fell after the PMI and JOLTS data release earlier today. Donald Trump is also set to announce reciprocal tariffs tomorrow, which could spark a massive price crash.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
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.
A recent Binance update has triggered massive liquidations while sending Solana memecoin ACT into a steep correction. At first, pundits blamed market maker Wintermute for the jarring declines but Binance’s update to leverage and margin tiers appears to be the culprit.
Several Altcoins on Binance Suffer Massive Corrections
According to an X post, several altcoins listed on Binance took a major hit, dropping by double-digit percentages. The hardest hit of the lot was Solana memecoin ACT, experiencing a sudden drop of over 50% in 30 minutes.
Other altcoins including DEXE and DF equally recorded steep declines of 23% and 16% respectively in the same window. The price slump left traders scratching their heads but a consensus formed that sizable sell orders were behind the declines.
“The sudden dips were triggered by large sell orders executed in a short time frame, leading to a significant surge in spot trading volume,” said one pundit.
Others turned to market maker Wintermute as the trigger for the selloff. However, Wintermute CEO Evgeny Gaevoy denied responsibility while noting that the market maker reacted “post move.”
The decline comes amid a broader market recovery with several cryptocurrencies including Compound (COMP) gaining 70%.
What Triggered The 50% Decline For Solana Meme Coin
A Binance update on leverage and margin tiers on specific tokens like ACT triggered the massive declines. According to an April 1 announcement, the top exchange has updated the margin tiers of several perpetual contracts, noting that existing positions will be affected.
Following the move, one ACT whale got liquidated for $3.79 million at $0.1877, triggering a broad selloff. Former FTX community manager Benson Sun noted that traders had less than 3 hours to respond to the change, criticizing Binance for the move.
“Before changing the rules, Binance should have evaluated how many positions would be closed,” said Sun. “If there are market makers with large positions, they should have notified them in advance.”
Within hours of MUBARAK’s listing, the memecoin tumbled by 40% with Binance CEO Changpeng Zhao downplaying the impact of a listing on prices. Binance has drawn criticism in recent days following its exclusion of Pi Network from its Vote To List initiative.
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.
A crypto market crash looks imminent, with Bitcoin, Ethereum, XRP, and Dogecoin witnessing notable declines. This price crash happened following the release of weak manufacturing PMI and JOLTS data, which provides a bearish outlook for the market.
Crypto Market Crash: BTC, ETH, XRP, & DOGE Decline
CoinMarketCap data shows that a crypto market crash could be on the horizon, with the Bitcoin price sharply dropping below $83,000 from a daily high of around $84,400. Altcoins such as Ethereum, XRP, and DOGE also witnessed sharp declines.
This market crash occurred following the release of weak ISM manufacturing PMI and JOLTS data. The March PMI data dropped to 49, below expectations of 49.5 and lower than the 50 recorded in February.
The US JOLTS job openings for February came in at 7.568 million, below the expected 7.690 million and lower than the 7.762 million recorded in January. These data add to several macro fundamentals that paint a bearish outlook for the market.
This crypto market crash could persist, with China, Japan, and South Korea agreeing to respond to Donald Trump’s proposed tariffs. Trump is set to announce a number of reciprocal tariffs tomorrow, which could significantly harm the market as it sets off a trade war between the US and other nations.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
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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