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Market Experts Eye A 40% Increase for PEPE and New ICO Mpeppe

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As the cryptocurrency market continues to capture the attention of investors worldwide, two names have emerged as particularly intriguing: Pepecoin (PEPE) and the new ICO, Mpeppe (MPEPE). Both tokens are positioned to make significant moves in the market, with experts predicting a 40% increase for each in the near term. While Pepecoin has already established itself as a formidable force in the meme coin sector, Mpeppe is quickly gaining traction as a promising new entrant with the potential to deliver substantial returns. Here’s a closer look at why these two tokens are generating such excitement among market experts.

Pepecoin: A Resilient Contender in the Meme Coin Market

Pepecoin (PEPE) has been one of the standout performers in the meme coin market, consistently demonstrating its ability to capture the imagination of both retail and institutional investors. Over the past few months, Pepecoin (PEPE) has weathered the ups and downs of the crypto market, emerging stronger and more resilient with each challenge.

Recent analysis indicates that Pepecoin (PEPE) is on the verge of another significant breakout. Market experts are eyeing a potential 40% increase in its value, driven by a combination of strong community support, strategic partnerships, and an overall bullish sentiment in the broader cryptocurrency market. Pepecoin (PEPE)’s unique positioning as a meme coin with real utility has set it apart from many of its competitors, making it a favorite among those looking for high-reward investments.

One of the key factors contributing to Pepecoin (PEPE)’s anticipated growth is its ability to consistently engage its community. The token’s developers have been active in rolling out new features and updates that keep the community engaged and excited about the future. This level of engagement is crucial in the meme coin space, where investor sentiment can shift rapidly.

The Rise of Mpeppe: A New ICO with Massive Potential

While Pepecoin (PEPE) continues to perform well, the new ICO, Mpeppe (MPEPE), is emerging as a strong contender in the meme coin market. Priced at just $0.001777, Mpeppe offers a low entry point for investors looking to capitalize on the next big thing in the crypto world. The token’s presale has already been a resounding success, with over 80% of the tokens sold, raising more than $1.2 million.

Mpeppe (MPEPE)’s appeal lies in its innovative approach to the meme coin concept. While it shares similarities with Pepecoin (PEPE) in terms of community engagement and viral marketing, Mpeppe (MPEPE) distinguishes itself by integrating elements of decentralized finance (DeFi) and gaming into its platform. This combination of features has resonated with investors, particularly those who are looking for a token that offers both high growth potential and a unique use case.

Market experts are bullish on Mpeppe (MPEPE)’s prospects, predicting a 40% increase in its value as it moves from its presale phase to public trading. The token’s low initial price, coupled with its strong community support and innovative features, makes it an attractive option for both new and experienced investors.

Why Experts Are Predicting a 40% Increase

The predicted 40% increase for both Pepecoin (PEPE) and Mpeppe (MPEPE) is based on several key factors. For Pepecoin (PEPE), the token’s strong community, ongoing development, and strategic partnerships are expected to drive continued growth. As more investors recognize the value of a meme coin with real utility, Pepecoin (PEPE) is likely to see increased demand, pushing its price higher.

For Mpeppe (MPEPE), the token’s successful presale and innovative approach to the meme coin concept are seen as strong indicators of future growth. As Mpeppe (MPEPE) transitions to public trading, the combination of its low entry price and high growth potential is expected to attract a significant number of investors, driving up its value.

In addition to these factors, the overall bullish sentiment in the cryptocurrency market is likely to benefit both Pepecoin (PEPE) and Mpeppe (MPEPE). With more investors entering the market and looking for high-reward opportunities, meme coins like Pepecoin (PEPE) and Mpeppe (MPEPE) are well-positioned to capitalize on this trend.

The Bottom Line: A Promising Future for Pepecoin and Mpeppe

As the cryptocurrency market continues to evolve, Pepecoin (PEPE) and Mpeppe (MPEPE) are emerging as two of the most promising tokens to watch. With market experts predicting a 40% increase for both, now could be an opportune time for investors to add these tokens to their portfolios. Whether you’re looking for the stability of a well-established token like Pepecoin (PEPE) or the high growth potential of a new ICO like Mpeppe (MPEPE), both tokens offer compelling investment opportunities in the dynamic world of meme coins.

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

 



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PENDLE Price Jumps 8% Today Amid Huge Whale Accumulation

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PENDLE price has led the broader market gains this Wednesday, pumping nearly 8% amid bullish developments. Recent whale metrics indicated that large-scale investors bought roughly $8 million of the token, whereas a crypto exchange behemoth also listed it previously. In an upshot, traders and investors are eyeing more gains in the asset’s price due to recent advancements that underscore rising demand for the crypto.

PENDLE Price Jumps 8% Amid Bullish Whale Transactions

As of press time, PENDLE price witnessed an 8% uptick in value and exchanged hands at $3.05. The crypto’s 24-hour low and high were registered as $2.84 and $3.07, respectively.

On a keynote, the rising price action aligns with the heightened buying pressure bought by whales in recent days. The latest data from tracker Lookonchain showed that whales bought roughly $8 million worth of coins in the past 5 days. Per the data, five newly created wallets collectively accumulated the aforementioned amount.

Here Are The PENDLE Whale Addresses Captured:

-0x21fBA58b20f62397c015b1f5a15f742ad430dFA
-0x2EB48c60F4ea75fa0a0Ff5BB017EBD9f5981b8F5
-0x11DFEDf01B3FA824BbCB138159B2e6AFE43692a3
-0x981D8856f572Fb076626265114EAD67697dA5501
-0x6478C8681ADC3E7a0C17Aa1E1F0Ff16d1A61a8f6

Why Are Whales Accumulating?

Meanwhile, the rising whale accumulations and PENDLE price upswing fall in line with another bullish development. Crypto exchange behemoth Coinbase unveiled a listing for the token at the end of March last month.

As a result, large-scale investors are hoarding massive amounts of the token, aiming to capitalize on emerging market opportunities.

Historically, listings on top crypto exchanges usually usher a bullish price action as they substantially increase an asset’s market exposure, thereby welcoming more funds from investors. CoinGape previously reported another similar chronicle, wherein cryptos BROCCOLI and TUT price rallied with their listings on Binance. Similarly, the Coinbase listing appears to be a vital catalyst for driving the whale frenzy and recent price upswing.

Can Bullish Developments Fuel Bull Run Ahead?

Usual market sentiments continue to tilt in favor of bulls, given the Coinbase listing and rising whale accumulations. Further, a renowned crypto market trader has poured additional optimism surrounding the coin’s future price action with his bullish prediction.

Analyst AMCrypto recently took to X, revealing that PENDLE price is forming an “inverse head and shoulder pattern.” This pattern formation suggests that a potential trend reversal from bearish to bullish is brewing amid bullish advancements.

PENDLE price chartPENDLE price chart
Source: AMCrypto, X

In light of this dynamic, the analyst predicts that a break above $3 paves the way for a massive rally ahead. As mentioned above, the coin is currently trading above this price level. As a result, market watchers continue to weigh further bullishness on the asset’s long-term price prospects.

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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.





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Will BNB Price Rally to ATH After VanEck BNB ETF Filing?

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Asset manager VanEck has registered for a proposed BNB exchange-traded fund (ETF), the latest among the list of its new crypto ETF filings. As a result, the trading volume for BNB Coin has shot up by 42% to more than $2.12 billion, as analysts are now closely watching for a BNB price rally to all-time highs.

In BNB Price Ready for A Mega Rally?

BNB Coin has performed relatively well over the past month compared to Bitcoin and other altcoins. While BTC and top altcoins like ETH, SOL, XRP saw double-digit losses in March, BNB Coin is down just 1% on the monthly chart. After a strong consolidation of around $610 levels, the BNB price could be eyeing a strong breakout to new all-time highs.

BNB Burn and Pascal Hardfork Offer Support

BNB Coin features a real-time burn mechanism that permanently removes a portion of gas fees from circulation. Over the past seven days, 951.85 BNB worth $571,747.74 was burned, contributing to a total burn value of nearly $160 million, as per data from BNBBurn.

BNB’s price recently gained momentum following the implementation of the Pascal hard fork, which enhanced its compatibility with Ethereum. The network is preparing for additional hard forks this month and in June, aimed at further improving transaction speeds.

Additionally, BNB Chain is gaining a lot of popularity among meme coins, adding support for Mubarak meme coin, CZ’s Dog BROCOLLI meme coin, and others.

Looking at the technical setup, the BNB price chart shows that the altcoin is forming a cup-and-handle pattern, along with an ascending channel pattern formation, as shown in the image below.

Source: TradingView

On the other hand, BNB price is trading above the 50-day moving average, which is a positive indicator. But for the altcoin to kickstart a rally to its all-time high of $790, it must first complete the handle formation at $662, and give a breakout above that level.

As of press time, BNB Coin is trading at $603 levels with its daily trading volume up by 42%, surging past $2.12 billion. Furthermore, the Coinglass data shows that the BNB options trading volume is also up by 46%.

VanEck Files for Spot BNB ETF

$115 billion asset manager VanEck filed for the spot BNB ETF in Delaware on Tuesday, April 1, which could serve as a major catalyst for the BNB Coin rally ahead. The proposed BNB ETF would follow the price of BNB, the fifth-largest cryptocurrency by market capitalization.

Apart from BNB, VanEck has already submitted crypto ETF applications for Bitcoin, Ether, Solana, and Avalanche. VanEck filed for SEC approval last month to launch the first AVAX ETF, building on its success with spot Bitcoin and Ethereum ETFs.

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Bhushan Akolkar

Bhushan is a FinTech enthusiast with a keen understanding of financial markets. His interest in economics and finance has led him to focus on emerging Blockchain technology and cryptocurrency markets. He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.

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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Tether Expands Bitcoin Reserves with 8,888 BTC Buy—What’s the Plan?

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Tether, the developer of USDT, has added 8,888 Bitcoins to its holdings valued at around $735 million at the time of the transaction. This latest market move by the popular stablecoin issuer was reported by Arkham.

In a snapshot offered by Arkham on its official website, it revealed that the stablecoin company withdrew 8,888 Bitcoins from Bitfinex, a leading exchange and Tether’s sister company, on Monday. 

Source: Arkham

Tether’s latest transaction pushes its Bitcoin holdings to 92,647, valued at $7.7 billion at current market prices. With this latest boost to its crypto holdings, Tether remains one of the biggest Bitcoin holders in the industry.

Tether Slowly Builds Its Bitcoin Reserve

In the last few weeks, Bitcoin was the among the main agenda of US President Donald Trump for a Strategic Bitcoin Reserve (SBR). But last Monday, Tether made its presence felt by adding more Bitcoins to its already huge crypto reserve.

Tether’s crypto reserve is one of the biggest in the business as it’s used to back up its stablecoin, the USDT. Currently, Tether controls over5 60% of the total stablecoins market, with a market cap of $144 billion, compared to a total of $234 billion valuation for the whole stablecoin industry.

Tether’s latest transaction puts it in the big league, making it the sixth biggest holder of Bitcoin. According to Bitcoin Treasuries, Tether is the second-largest private holder of the asset, below Block.one. But if we zoom out and consider other entities and publicly-traded companies, Strategy (formerly MicroStrategy), and the top spot Bitcoin ETFs issuers beat Tether’s holdings.

Commitment To Invest In Bitcoin

Tether’s latest Bitcoin acquisition reflects the company’s commitment to Bitcoin. Interestingly, the company pledged to use a part of its net profit to buy additional Bitcoins. The company committed last May 2023, and stated that it will use 14% of its net profits to buy additional Bitcoins.

BTC is now trading $83,943. Chart: TradingView

Tether’s most recent Bitcoin purchase was 8,404, which was made last December, which pushed its holdings to 83,759.

$1B USDT Into Reserves

Tether’s latest Bitcoin purchase coincided with the minting of fresh tokens. According to on-chain data, the stablecoin company minted $1 billion in tokens on Tron. Tether CEO Paolo Ardoino has confirmed the minting of a new USDT. 

According to Ardoino, the minting of new USDT was authorized, but he insisted that this batch is not yet included in the circulation. They added that the newly minted USDT is now part of their inventory and will be used for future issuance requests. Tether has already minted $8 billion tokens on Tron since the start of the year, and recorded $22 billion worth of USDT minted last year.

Featured image from Pixabay, 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.



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