Altcoin
Latest Crypto News: Ethereum Sharks Swim Towards New Crypto Presale Gem, Almost Raised $2M
In the fast-paced world of cryptocurrency, where fortunes can change in a heartbeat, Ethereum (ETH) has long been a beacon for both seasoned investors and newcomers alike. However, the latest buzz in the crypto community isn’t just about Ethereum’s steady climb or its potential future highs. Instead, all eyes are on a new presale gem that’s attracting significant attention and investment: Mpeppe (MPEPE).
Ethereum’s Enduring technological Contribution to Crypto
Ethereum (ETH) continues to hold a central place in the cryptocurrency ecosystem, with its advanced smart contract functionality and robust DeFi (Decentralized Finance) infrastructure. As one of the leading platforms for decentralized applications (dApps), Ethereum has set the standard for what blockchain technology can achieve inspiring newcomers such as Mpeppe to be bold. With the upcoming Ethereum 2.0 upgrade, which promises to improve scalability and reduce gas fees, investor interest remains high.
Mpeppe (MPEPE): Building Strong Community
Mpeppe (MPEPE) is the latest meme coin to take the crypto world by storm. It combines the viral appeal of meme culture with real-world utility, making it a standout in a crowded market. Unlike many other meme coins that rely solely on hype, Mpeppe is built on a strong foundation of community support and strategic marketing, which has already led to a successful presale.
The Mpeppe presale has been nothing short of spectacular, with nearly $2 million raised so far. This level of interest is a testament to the growing belief in Mpeppe’s potential, not just as a short-term investment, but as a coin with staying power in the volatile crypto market.
Why Ethereum Sharks Are Eyeing Mpeppe
So, what’s driving Ethereum investors toward Mpeppe? The answer lies in Mpeppe’s unique positioning and potential for high returns. Here are a few reasons why Mpeppe is becoming the go-to choice for Ethereum sharks:
- Scalability and Speed: Built on Ethereum’s Layer-2 solutions, Mpeppe offers faster transaction times and lower fees, making it an attractive option for those looking to avoid Ethereum’s sometimes high gas fees.
- Community-Driven Success: Mpeppe’s rise is largely due to its strong community. This grassroots support not only drives demand but also ensures that the coin’s value is sustained through collective belief and engagement.
- Potential for Exponential Growth: With its presale already nearing the $2 million mark, Mpeppe is positioned for significant growth once it hits major exchanges. Early investors are likely to see substantial returns, especially if the coin’s momentum continues post-launch.
- Meme Coin Appeal with Real Utility: Unlike many meme coins that lack utility, Mpeppe is integrating itself into the decentralized finance (DeFi) and gaming sectors. This dual appeal makes it more than just a speculative asset.
Mpeppe and Its Impact on Ethereum
As Mpeppe continues to attract investment, its success could have interesting implications for Ethereum. The influx of Ethereum into Mpeppe’s presale suggests that investors are not just looking to diversify but are also betting on Mpeppe’s ability to leverage Ethereum’s infrastructure for greater returns.
Moreover, if Mpeppe continues its upward trajectory, it could lead to increased activity on the Ethereum network, further driving up demand for ETH as the primary currency for transaction fees and other network activities.
A New Contender in the Crypto Arena
Mpeppe (MPEPE) is quickly proving that it’s more than just a flash in the pan. With nearly $2 million raised in its presale and growing interest from Ethereum investors, it’s clear that Mpeppe is poised to make a significant impact in the cryptocurrency market. For those looking to ride the next big wave in crypto, Mpeppe offers a unique blend of meme culture appeal and real-world utility, making it a gem worth considering.
As Ethereum continues to evolve and dominate the blockchain space, the emergence of projects like Mpeppe highlights the dynamic and ever-changing nature of the crypto world. Investors should keep a close eye on Mpeppe as it continues to carve out its place in the market, potentially offering substantial rewards for those who get in early.
For more information on the Mpeppe (MPEPPE) Presale:
Visit Mpeppe (MPEPPE)
Join and become a community member:
https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ
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
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.
Vitalik Buterin Proposes to Replace EVM with RISC-V
US Economic Indicators to Watch & Potential Impact on Bitcoin
Solana Rallies Past Bitcoin—Momentum Tilts In Favor of SOL
Expert Says Solana Price To $2,000 Is Within Reach, Here’s How
Bitcoin Price Breakout In Progress—Momentum Builds Above Resistance
Here Are The Bitcoin Levels To Watch For The Short Term
2.52 Million Altcoins Are Ruining Crypto’s Future
Animoca Brands Valuation Tanks 75% In Two Years, Here’s Why
Crypto exchange BingX hacked for $43 million
Are The Big Players Losing Interest?
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
Coinbase cbBTC Set to go Live on Solana
2.52 Million Altcoins Are Ruining Crypto’s Future
Animoca Brands Valuation Tanks 75% In Two Years, Here’s Why
Crypto exchange BingX hacked for $43 million
Are The Big Players Losing Interest?
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
Coinbase cbBTC Set to go Live on Solana
-
Ethereum21 hours agoEthereum Consolidates In Symmetrical Triangle: Expert Predicts 17% Price Move
-
Market15 hours ago1 Year After Bitcoin Halving: What’s Different This Time?
-
Market21 hours agoToday’s $1K XRP Bag May Become Tomorrow’s Jackpot, Crypto Founder Says
-
Market19 hours agoMELANIA Crashes to All-Time Low Amid Insiders Continued Sales
-
Altcoin24 hours agoWhat’s Up With BTC, XRP, ETH?
-
Market20 hours agoCharles Schwab Plans Spot Crypto Trading Rollout in 2026
-
Ethereum20 hours agoEthereum Enters Historic Buy Zone As Price Dips Below Key Level – Insights
-
Market16 hours agoVOXEL Climbs 200% After Suspected Bitget Bot Glitch
✓ Share: