Connect with us

Altcoin

Internet Computer and Mpeppe Two Of The Hottest Cryptos, Here’s How to Get Involved

Published

on


The cryptocurrency market is always abuzz with new opportunities, and two of the most talked-about tokens right now are Internet Computer Protocol (ICP) and Mpeppe (MPEPE). These two cryptocurrencies are making waves for different reasons, but both are attracting significant attention from investors looking to capitalize on their growth potential. Here’s why these tokens are hot right now and how you can get involved.

Internet Computer (ICP): Pioneering the Future of Decentralization

Internet Computer Protocol (ICP) is rapidly establishing itself as a powerhouse in the crypto space, particularly for its innovative approach to decentralization. Unlike traditional blockchain platforms, Computer Protocol (ICP) extends the functionality of the internet by allowing developers to build and deploy software without relying on centralized servers. This opens up a world of possibilities, from decentralized finance (DeFi) applications to more secure and scalable online services.

One of the key reasons Computer Protocol (ICP) is gaining traction is its alignment with the rapidly growing field of artificial intelligence (AI). With AI applications becoming more integral to various industries, ICP’s decentralized network provides a robust and secure foundation for AI-driven projects. This unique positioning has made Computer Protocol (ICP) a favorite among investors looking for long-term growth in the blockchain and AI sectors.

Mpeppe (MPEPE): The Meme Coin with Serious Potential

While Computer Protocol (ICP) focuses on decentralization and technological innovation, Mpeppe (MPEPE) is making headlines in the meme coin arena. Meme coins have become a significant part of the crypto landscape, and Mpeppe (MPEPE) is quickly emerging as a standout. With its current presale price of just $0.001777, Mpeppe (MPEPE) offers an enticing entry point for investors looking to get in early on a token with 100x potential.

What sets Mpeppe (MPEPE) apart from other meme coins is its unique approach to community engagement and rewards. The token has already raised over $1.29 million in its presale, with more than 80% of the tokens sold. This strong demand reflects growing interest in Mpeppe (MPEPE), as investors see it as a prime opportunity for significant returns.

Mpeppe (MPEPE) is not just about the memes; it’s about building a strong and engaged community. The project includes features like staking rewards and community-driven initiatives, which not only make it fun but also potentially lucrative for those who get involved early.

Why These Two Cryptos Are Dominating the Conversation

Both Internet Computer (ICP) and Mpeppe (MPEPE) are dominating discussions in the crypto community, but for different reasons. Computer Protocol (ICP) is capturing the attention of those who are interested in the future of decentralized internet and AI integration, offering a long-term investment opportunity with substantial growth potential. On the other hand, Mpeppe (MPEPE) appeals to investors who are looking for  high-reward opportunities in the meme coin space, with the added benefit of community-driven rewards and engagement.

How to Get Involved with Computer Protocol (ICP) and Mpeppe (MPEPE)

If you’re interested in getting involved with Internet Computer (ICP), the process is straightforward. Computer Protocol (ICP) is available on most major cryptocurrency exchanges, and purchasing it is as simple as signing up for an account, completing the necessary verifications, and making your purchase. Once you’ve acquired Computer Protocol (ICP), you can store it in a secure wallet or even stake it on platforms that support ICP staking to earn rewards while holding your investment. Given its potential in driving decentralized applications and AI projects, holding ICP could be a strategic long-term move.

Getting involved with Mpeppe (MPEPE) is equally straightforward but comes with the added excitement of participating in a presale. To purchase Mpeppe (MPEPE), you need to visit the official presale website and connect your cryptocurrency wallet. You can buy Mpeppe (MPEPE) using popular cryptocurrencies like Ethereum (ETH) or Binance Coin (BNB). Given that over 80% of the tokens have already been sold, acting quickly could allow you to secure a position before the presale ends.

The presale price of $0.001777 presents a rare opportunity to get in on the ground floor of what could be the next big meme coin sensation. Additionally, by using the promo code MPEPE20, you can receive a 20% bonus on your purchase, further enhancing the potential upside of your investment.

Why Now Is the Time to Act

The cryptocurrency market is known for its rapid changes and opportunities that can arise and evolve in a matter of days. Internet Computer (ICP) and Mpeppe (MPEPE) are both at pivotal moments in their development, with ICP gaining momentum as a leader in decentralization and AI, and Mpeppe (MPEPE) poised to become the next big thing in the meme coin world.

For those who are interested in diversifying their crypto portfolios, these two tokens offer a balanced approach: Computer Protocol (ICP) provides a more stable, long-term investment in cutting-edge technology, while Mpeppe (MPEPE) offers the thrill and potential for massive returns that come with meme coins.

By investing in both, you can position yourself to benefit from the growth of decentralized technologies and the ongoing popularity of meme coins, potentially setting yourself up for substantial returns in the future. Whether you’re drawn to the innovative potential of ICP or the explosive opportunities of Mpeppe (MPEPE), now is the time to get involved and secure your place in these exciting projects.


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

 



Source link

Altcoin

ByBit Hacked, BTC Stagnant, LTC ETF Advances

Published

on


Crypto Highlights This Week: The broader market concludes another interesting week, primarily keeping investors on their toes. Cryptocurrency exchange behemoth Bybit suffered a $1.4 billion hack this week, whereas BTC and altcoins remained stagnant despite market advancements. Simultaneously, the meme coin sector panicked amid the emergence of the Argentinian LIBRA token.

Here’s a brief collection of some of the top crypto market updates reported by CoinGape Media over the past week.

Weekly Crypto Highlights: ByBit Exchange Hacked By N. Korean Group

The renowned cryptocurrency exchange Bybit was hacked by ‘The Lazarus Group’ this week, resulting in a massive exploitation of funds. Reportedly, the North Korean criminal organization stole $1.4 billion worth of ETH from the crypto exchange.

As a result, the broader crypto market saw a whopping $566 million liquidated in a day as investors started panic selling. In turn, BTC and altcoins reversed recent gains, backtracking to previous lows. BTC price closed the week at around $96K, whereas ETH was near $2,800. XRP & SOL also reversed recent gains, trading in the red this weekend.

It’s also worth mentioning that ByBit rolled out a $140 million bounty for cybersecurity experts to recover $1.4 billion stolen in Ethereum.

LIBRA Token Panic: What Happened?

Meanwhile, Argentinian President Javier Milei endorsed the Solana-based LIBRA meme token this week, which soon rocketed in value. However, the market was taken by storm when insiders cashed out massive amounts amid the rally, urging LIBRA price to crash over 90%. This saga raised rug-pull concerns surrounding the crypto, further bringing heat to its price.

However, President Javier Milei ordered a probe into the launch and KIP Protocol, aiming to rectify the error and bolster the token. This saga has emerged as another noteworthy crypto highlight this week, underscoring the market’s risky nature.

ETF Filings This Week

Simultaneously, a stockpile of ETF advancements was witnessed this week. Canary Capital’s Litecoin ETF emerged on Depository Trust & Clearing Corporation (DTCC), solidifying chances of approval.

Further, Grayscale’s XRP ETF entered the U.S. SEC’s review mode.

Also, asset manager Franklin Templeton filed an S-1 to launch a spot Solana ETF with the U.S. SEC this week. Mentioned above are the top crypto market highlights for this week, which appear to have substantially impacted investor sentiment.

✓ 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

Bybit Turns To Bitget And Binance For $239 Million ETH Loan Amid Withdrawal Spike

Published

on


Bybit, a popular crypto exchange, is reeling from the massive hack worth $1.5 billion in digital assets. According to reports, the hackers targeted the crypto exchange’s cold wallet, an offline storage system, to steal the exchange’s assets, primarily Ether. On-chain data reveals that the stolen funds were quickly transferred into different wallets and liquidated on several platforms.

Ben Zhou, Bybit’s CEO, promptly addressed the hack and told users that the site’s other cold wallets are secure and withdrawals are processed “normally”. 

As the company struggles with a surge in withdrawal requests, it received over 88,000 ETH (worth around $239 million) from popular exchanges like Binance and Bitget. The fresh crypto transfers from these two popular exchanges boosted Bybit’s liquidity, allowing it serve the customers’ withdrawal requests.

Authorities Link Breach To North Korean Hacking Group

Friday’s hacking of the Bybit cold wallet is considered the biggest crypto hacking on record. Arkham Intelligence and Elliptic said the stolen digital assets were quickly transferred to different accounts and liquidated within minutes. Elliptic reports that the hacking is by far the biggest in the industry and easily surpassed the stolen $570 million from Binance in 2022 and the $611 million worth of crypto assets drained from Poly Network in 2021.

Elliptic speculated that the Lazarus Group, a state-backed hacking team in North Korea, perpetrated the hack. The Lazarus Group is known for its crypto-hacking activities, stealing billions of dollars from different sites. 

Bybit Gets Help From Binance And Bitget

As Bybit struggled to service the surge of withdrawals, it received help from other popular exchanges to cover the requests. Arkham said the exchange received more than 88,000 Ether or roughly $239 million from Binance and Bitget addresses.

The fund infusion can boost the exchange’s current liquidity as it addresses the massive withdrawal requests. Bybit confirmed that its users moved funds from the exchange after the hack was made public.

ETH is currently trading at $2,734. Chart: TradingView

Arkham said Bitget transferred 40,000 Ether, or $106 million, to a Bybit cold wallet on February 21st at 19:44 (UTC). Lookonchain argued that Bitget transferred its funds to the exchange to boost its liquidity and serve as a vote of confidence. 

After 10 minutes, a Binance hot wallet transferred 11,800 Ether or $31 million to the same Bybit cold wallet address. In total, Binance has transferred 47,800 Ether or $127.48 million. 

CEO Explains Crypto Exchange Remains Solvent

Bybit’s CEO, Ben Zhou, has assured its users and customers that the exchange is solvent. In a Twitter/X post, the CEO explained that the customers’ funds are backed 1:1 and that the company can service the losses even if it fails to recover them.

Featured image from Adobe Stock, chart from TradingView





Source link

Continue Reading

Altcoin

Can Bitcoin Erase US Debt By 2049? VanEck Research Weighs In

Published

on


VanEck has announced a bold prediction that Bitcoin will play a critical role in managing the United States’ rising national debt. The study, based on Senator Cynthia Lummis’ proposed Bitcoin Act, shows that a strategic Bitcoin reserve may partially balance the country’s debt by 2049. But how feasible is this concept?

The Potential Impact Of Strategic Bitcoin Reserves

The study examines a scenario in which the US government obtains up to 1 million BTC during a five-year period. If this strategy comes to fruition, VanEck believes that such a reserve may help balance almost $21 trillion in national debt by 2049. Based on forecasts of future debt growth, this equates to around 18% of the expected total debt at the time.

However, this positive forecast is heavily reliant on Bitcoin’s price trajectory. VanEck’s model forecasts that BTC will grow at a 25% compounded annual rate (CAGR). Starting with an estimated acquisition price of $100,000 per unit in 2025, the crypto would need to see sustained price increases over the next two decades.

Source: VanEck

Debt Growth Versus Bitcoin Appreciation

The study considers the expected 5% annual rate of increase in US debt trajectory. Any effort to balance the predicted $100 trillion national debt by 2049 will need assets with big appreciation potential.

Though highly volatile, Bitcoin presents both a challenge and an opportunity. A 25% CAGR is an ambitious aim considering past pricing volatility, regulatory uncertainties, and industry acceptance patterns. Should the slow down in the crypto’s expansion, the reserve might not meet expectations, therefore lessening its value in addressing national debt.

BTC is now trading at $96,456. Chart: TradingView

Bitcoin As A Government Asset

VanEck’s view is consistent with a broader discussion concerning the leading digital currency’s role in national economies. Countries such as El Salvador have already adopted the top coin into their financial plans, albeit on a far lesser scale. If the US took a similar strategy, it would be an unparalleled shift in monetary policy.

The practicality of building such a massive Bitcoin reserve raises concerns. Would the government buy the crypto asset gradually or in bulk? How would it safeguard and govern such an asset? These uncertainties complicate VanEck’s vision.

A High-Risk Gamble Or A Financial Breakthrough?

VanEck’s research presents an intriguing possibility, despite these obstacles. The potential of BTC as a long-term wealth reserve is still a topic of debate among economists and policymakers. It may be feasible to employ the digital asset to mitigate national debt if its value continues to increase.

For now, the feasibility of this strategy remains uncertain. The US government has yet to indicate any concrete plans to acquire the alpha crypto on a large scale. But with national debt rising and Bitcoin’s influence growing, discussions around this unconventional solution are far from over.

Featured image from Gemini Imagen, chart from TradingView



Source link

Continue Reading

Trending

Copyright © 2024 coin2049.io