Altcoin
Internet Computer Whale Adds ICP Rival Onto Investment Watchlist
The cryptocurrency market is no stranger to competition, with major players like Solana (SOL) and Internet Computer (ICP) continually battling for dominance. However, a new player is catching the attention of savvy investors, including whales who have previously backed Internet Computer. This rising star, Mpeppe (MPEPE), is quickly becoming a serious contender and has recently been added to the watchlist of some of the biggest whales in the ICP ecosystem.
Internet Computer (ICP): A Powerhouse in Decentralized Computing
Internet Computer (ICP) has been a formidable force in the blockchain space, aiming to revolutionize the internet by providing a decentralized platform for running applications at scale. Its goal is to transform the web by decentralizing cloud services, making the internet more open, secure, and scalable. This ambitious vision has attracted significant investment and interest, positioning Internet Computer (ICP) as one of the top players in the blockchain industry.
Internet Computer (ICP)’s technology is built to support large-scale decentralized applications (dApps) with the speed and efficiency that rivals traditional cloud services. This has made it a go-to platform for developers and enterprises looking to leverage blockchain technology for complex and resource-intensive applications. However, the competitive landscape is always shifting, and even giants like Internet Computer (ICP) must stay vigilant as new contenders emerge.
The Rise of Mpeppe (MPEPE): A Serious Contender
Amidst the dominance of established projects like Internet Computer, Mpeppe (MPEPE) has quietly been gaining traction as a serious rival. Unlike many new tokens that enter the market with little more than hype, Mpeppe (MPEPE) has quickly proven that it offers more than just meme-based appeal. With its unique blend of decentralized finance (DeFi) features and a community-driven approach, Mpeppe (MPEPE) is positioning itself as a formidable competitor in the space.
Mpeppe (MPEPE)’s success in its presale phase has been nothing short of impressive. Over 80% of its tokens have already been sold, raising significant capital and showcasing strong investor confidence. Priced at just $0.00177, Mpeppe (MPEPE) offers a low entry point, making it an attractive option for investors looking to diversify their portfolios with high-growth potential assets.
Why ICP Whales Are Watching Mpeppe Closely
The decision by an Internet Computer (ICP) whale to add Mpeppe (MPEPE) to their watchlist is not just a casual observation; it’s a strategic move that could indicate broader trends in the market. Here’s why Mpeppe (MPEPE) is catching the attention of major investors:
- High Growth Potential: Mpeppe (MPEPE)’s early success and rapid presale performance suggest that the token could experience significant appreciation in value. For Internet Computer (ICP) whales, who are accustomed to holding assets with substantial upside, Mpeppe (MPEPE) represents a new opportunity to capitalize on a potentially explosive growth trajectory.
- Diversification Strategy: Even whales need to diversify their portfolios to manage risk and optimize returns. By adding Mpeppe (MPEPE) to their watchlist, Internet Computer (ICP) whales are hedging against market volatility and ensuring they have exposure to different segments of the blockchain industry.
- Innovative Features: Mpeppe (MPEPE)’s focus on integrating DeFi with community-driven governance sets it apart from many other new tokens. Its unique features and utility within its ecosystem make it more than just a speculative asset, appealing to investors who seek long-term value.
- Market Sentiment: The buzz around Mpeppe (MPEPE) is growing, with increasing mentions in social media and crypto forums. Positive sentiment and strong community support can drive demand and, consequently, the price of the token. Internet Computer (ICP) whales are likely recognizing the momentum building around Mpeppe (MPEPE) and positioning themselves to benefit from it.
The Future of Mpeppe (MPEPE) in a Competitive Landscape
As Mpeppe continues to gain recognition, it’s clear that this token is more than just another entry in the crowded crypto market. Its potential to rival established giants like Internet Computer lies in its ability to offer unique value propositions that resonate with both retail and institutional investors.
The inclusion of Mpeppe on an Internet Computer (ICP) whale’s watchlist is a testament to the token’s growing influence. As more investors take notice, Mpeppe could very well become a key player in the broader blockchain ecosystem. The next few months will be crucial in determining whether Mpeppe can capitalize on its early success and continue to build momentum.
Conclusion
The addition of Mpeppe (MPEPE) to the watchlist of a significant Internet Computer (ICP) whale is a strong indicator of the token’s potential. As Mpeppe continues to grow and carve out its niche in the market, it’s poised to become a serious competitor to established projects like Internet Computer (ICP). For investors, both large and small, keeping an eye on Mpeppe could be a smart move as the token navigates its path to broader adoption and success.
As the crypto market continues to evolve, Mpeppe’s journey will be one to watch, offering both challenges and opportunities in the ever-competitive world of blockchain technology. Whether Mpeppe will rise to the occasion and become a dominant force remains to be seen, but the early signs are promising, and the attention from Internet Computer (ICP) whales only adds to its credibility.
For more information on the Mpeppe (MPEPE) Presale:
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While investors are scanning the horizon for a short-term Solana (SOL) rally, cryptocurrency expert CryptoCurb is predicting an ultra-bullish price movement. CryptoCurb argues that a Solana price of $2,000 is “absolutely realistic” given the current fundamentals and on-chain indicators.
Solana Price To $2,000 Is A Realistic Projection
Pseudonymous cryptocurrency analyst CryptoCurb is predicting a massive growth spurt for Solana in the near future. In an X post, the expert says the Solana price can achieve a valuation of $2,000 given its impressive network metrics.
He hinges his projection on several factors, including Ethereum’s previous price performance. Ethereum price spiked to a $600 billion market capitalization during the last cycle with its steep fees and scalability issues.
A $2K SOL price will translate to a $1 trillion market capitalization that will see it flip Ethereum as the largest altcoin. CryptoCurb notes that if Ethereum can post impressive figures during the last cycle, Solana has the capabilities to be valued at $2,000.
“2K is absolutely realistic if Solana keeps its global adoption pace with minimal disruptions and continues to scale,” said CryptoCurb.
Rising network inflows are expected to send the Solana price on a short-term rally to $150 before a big push to $2K. Currently, the Solana price is pegged at $140 with a market capitalization of $72.6 billion, making CryptoCurb’s prediction an uphill climb.
A Wave Of Impressive Metrics Around SOL
While CryptoCurb did not disclose an exact timeline for his $2,000 prediction, he points to a short-term seismic price increase. The expert his backing his predictions with a swathe of network metrics pointing to fresh bullishness.
Solana has the highest number of active addresses over the last seven days at 28.4 million. The network led the pack for transactions at 369 million, trouncing Tron, BNB Chain, Base, and Bitcoin.
Solana is finding application in several Web 3 verticals given its speed, low cost, and scalability. In the last week, the Solana price has risen by nearly 7% while 24-hour trade volume has risen by 36%.
Last week, Canada launched the first SOL ETF with prices projected to surpass $250, reversing a forming death cross. Solana open interest crossed 5.5 billion, climbing by 10% amid rising whale activity in the ecosystem.
Rising bullish metrics for the network suggest that SOL will reach $200 before ETH reclaims $3,000.
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.
Crypto expert PiMigrate recently predicted that the Pi Network price could reach a new all-time high (ATH) of $5. This comes amid recent whale movements, with these investors moving 41 million Pi Coins off exchanges.
Expert Predicts Pi Network To Reach $5
In an X post, PiMigrate stated that Pi Network’s journey to $5 has just begun. He remarked that the altcoin has very strong support at $0.6. As such, the expert believes that this $5 price target is a “very possible valuation.” PiMigrate added that good utilities will push the altcoin to this target.
Another expert, Moon Jeff, also predicted that the Pi Coin price can reach this $5 target. In an X post, the expert concluded that the altcoin can reach this price target following his analysis.
He alluded to his accompanying chart, which he described as being bullish, indicating that the Pi Network price can indeed reach this $5 target. The chart also showed that the altcoin has formed a strong support level at its current price.
Crypto analyst Xia also recently claimed that the Pi Coin’s momentum is building fast after it surged past the $0.63 mark with strong volume. She also noted that the RSI and MACD are turning bullish for the altcoin.
This bullish outlook for the Pi Coin comes amid recent huge whale accumulation. A Pi community page revealed that these investors moved a whopping 41 million coins (around $27 million) off exchanges in 48 hours. Specifically, these whales moved over 13 million Pi Coins from OKX to several wallets. This presents a bullish outlook for the coin since exchange supply is declining.
Pi Needs To Reclaim This Symmetrical Triangle
While analyzing the Pi Network’s price on the higher timeframe, analyst Alpha Crypto stated that the altcoin needs to reclaim its symmetrical triangle to resume its upward move.
The analyst remarked that once Pi reclaims this structure, market participants can look for a potential long setup. He added that on the flipside, if the price falls outside the triangle, it could open up a short opportunity. Alpha Crypto urged traders to wait for confirmation rather than rushing.
From a fundamentals perspective, top exchange listings could send the Pi Coin price higher. CoinGape recently reported that top exchange HTX had fueled listing speculations with a cryptic post on its X platform. Meanwhile, Pi community members remain hopeful that Binance will soon list the altcoin.
These community members will have their eyes on the Consensus 2025 conference, where Pi Network founder Nicolas Kokkalis will allegedly join an exclusive list of industry players to speak at the event.
Expert Dr. Altcoin described the event as a pivotal moment for Pi Network, as it will provide an opportunity for the Pi team to promote the network’s ecosystem.
At the time of writing, the Pi Coin price is trading at around $0.63, down almost 3% in the last 24 hours. Trading volume is also down over 36%, with $96.34 million traded during this period.
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.
Dogecoin investors have high faith in the future of the meme currency despite its recent price fall, market data showed, Tuesday.
Dogecoin fell to $0.153 as of April 16 after its price reached a high of $0.168 on April 13, down by 3% in the last 24 hours. This is after the recent price hike following US President Trump’s tariff halt declaration on certain countries on April 10.
Long Positions Dominate Market Activity
The mood among traders on Binance is firmly bullish for the future prospects of Dogecoin. Data from Coinglass show that over 74% of trading accounts have long positions in the cryptocurrency, while only 25% going short. This places the long-to-short account ratio at 2.90, proving widespread optimism among traders.
Long positions increased quickly on April 12, which shows that investors expect Dogecoin to bounce back from its present correction period. They are willing to pay premiums to maintain their positions, as evidenced by positive OI-weighted funding rate signals that have remained above zero since April 7.
Long|Short DOGE by accounts. Source: Coinglass
Holder Patterns Indicate Diversified Strategies
IntoTheBlock statistics reveal substantial shifts in the manner by which people are holding Dogecoin. Investors holding DOGE for over a year increased by marginally 0.13%. These types of “hodlers” as they are called within cryptocurrency forums constitute a solid support base for the currency.
Source: IntoTheBlock
In the meantime, mid-term holders (holders of DOGE for one to 12 months) decreased by 2.50%. Short-term traders experienced the largest increase, with addresses holding for less than 30 days rising by 109%. This new trader surge reflects increasing demand for quick profit from Dogecoin price action.
Technical Analysis Points To Future Price Directions
One TradingView account, FuaCompany, has plotted Dogecoin’s movement in what analysts call a rising channel. On the basis of this trend, two general scenarios for Dogecoin’s future price are on offer.
The first scenario shows Dogecoin rebounding from the lower edge of this channel and continuing to trend upwards. This would comply with what occurred before when the price rebounded back from $0.05 to higher levels.
The second scenario entails a temporary drop below the bottom line of the channel, plunging to around $0.08 before surging higher, both scenarios ultimately carrying long term bullish signals, with some projections estimating Dogecoin to even reach $0.70.
Weekly Performance Still Positive Despite Slump
Despite the recent slump, Dogecoin is still positive overall on the week. In fact, the cryptocurrency has shown quite a hefty rise-on-week for about 7.40% during the past week in spite of that dip.
DOGE price up in the last week. Source: CoinMarketCap
The price started off in early April with an initial volatility before strengthening with the Presidential Tariff declaration by Trump. Following the monthly peak on April 13, reaching 0.168, Dogecoin encountered what traders know to be a consolidation phase, where prices continue to trend sideways while forming in preparation for another move.
According to market observers, this pattern of gains and then consolidation is typical in cryptocurrency markets. The strong level of long positions shows most traders view the current price drop as just a temporary hiccup and not the start of a larger bearish trend.
Featured image from CoinFlip, chart from TradingView
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