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Mpeppe’s Predicted Tier-1 Listings Could Knock PEPE Coin Off The Coinmarketcap 26th Spot

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2 weeks ago

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The cryptocurrency market is an ever-evolving battlefield, where established coins fight to maintain their positions while emerging contenders strive to make their mark. One such newcomer, Mpeppe (MPEPE), is quickly gaining attention, with predictions suggesting that it could soon achieve Tier-1 exchange listings. This anticipated milestone could propel Mpeppe into the upper echelons of the crypto market, potentially displacing popular tokens like Pepecoin (PEPE) from their current standings.

Pepecoin’s Rollercoaster Ride

Pepecoin (PEPE), a well-known name in the meme coin arena, has experienced a volatile journey throughout 2024. After enjoying one of the most significant rallies during the early part of the year, PEPE has also seen some of the largest declines in value as the market corrected. Despite these setbacks, Pepecoin remains a formidable force in the meme coin sector, known for its strong community and substantial market presence.

PEPE’s price surged nearly 10x earlier this year, establishing it as a leader in the meme coin market. However, it has struggled to maintain its peak, with many analysts suggesting that PEPE’s days of 100x gains are behind it. Nonetheless, the token is expected to recover some of its recent losses, with potential for a 5x to 10x rally during the next bull market cycle. This potential rebound has kept Pepecoin in the spotlight, but it may not be enough to fend off the rising competition.

Mpeppe’s Casino Meteoric Rise

While Pepecoin fights to regain its former glory, Mpeppe (MPEPE) is emerging as a strong contender in the meme coin space. With its presale already nearing the $2 million mark, Mpeppe has demonstrated that it has the backing of a committed and enthusiastic investor base. This new meme coin is not just riding the wave of the meme coin trend; it is setting itself apart with innovative features and a robust growth strategy.

Mpeppe (MPEPE)’s rapid ascent is largely due to its strategic positioning and market timing. As the demand for meme coins continues to grow, Mpeppe has capitalized on the opportunity to capture market share. Analysts believe that with upcoming Tier-1 exchange listings, Mpeppe could see its value skyrocket, potentially displacing Pepecoin from its spot on CoinMarketCap’s rankings.

The buzz around Mpeppe is not without merit. The coin’s presale performance, coupled with its strong community support, suggests that  Mpeppe (MPEPE could be the next big thing in the meme coin world. With the potential to outperform more established tokens like PEPE, Mpeppe is quickly becoming a favorite among crypto enthusiasts.

Comparing PEPE and Mpeppe

When comparing Pepecoin and Mpeppe (MPEPE), it’s clear that both tokens have their strengths. Pepecoin has the advantage of being an established player with a large, dedicated community. It also benefits from being a well-recognized brand in the meme coin market. However, its recent performance has been less than stellar, and its potential for future growth may be limited compared to newer, more dynamic tokens.

On the other hand, Mpeppe offers a fresh opportunity for investors looking to get in on the ground floor of a promising new project. With its upcoming Tier-1 listings, Mpeppe is poised to make significant gains, potentially even surpassing Pepecoin in terms of market capitalization and investor interest.

The Future of Mpeppe and Pepecoin

As the cryptocurrency market continues to evolve, the battle between established coins like Pepecoin and emerging contenders like Mpeppe will only intensify. For now, Mpeppe (MPEPE) appears to have the upper hand, with strong momentum and the promise of significant future gains. If Mpeppe continues on its current trajectory, it could soon challenge Pepecoin for its spot on CoinMarketCap’s rankings, particularly if it secures the Tier-1 listings that many analysts predict.

In conclusion, while Pepecoin remains a major player in the meme coin space, its position is increasingly under threat from rising stars like  Mpeppe (MPEPE). As Mpeppe continues to gain traction, it could very well knock PEPE off its perch, signaling a new era in the ever-competitive world of cryptocurrency. Whether you’re a seasoned investor or new to the crypto scene, keeping an eye on Mpeppe’s developments could be a wise move as it seeks to make history in the meme coin market.

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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Solana Reveals Major Update For Developers, SOL To Hit $300?

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27 mins ago

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September 18, 2024

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Solana has revealed a major update for the developers, cutting costs by 1000X for them. In a recent update, the leading crypto player announced that the ZK Compression is live on its mainnet now. These latest developments have once again fueled discussions over SOL price’s potential rally to $300 going forward.

Solana ZK Compression Update Live On Mainnet

The latest upgrade on Solana, ZK Compression, aims for robust cost savings for developers. According to the official update, it focuses on cutting costs by up to 1000 times, sparking market interest. Notably, this technology leverages zero-knowledge (ZK) proofs to compress data, which aids in reducing the costs of on-chain transactions and storage.

Solana X UpdateSolana X Update
Source: Solana, X

This announcement by the platform on X highlights the scalability benefits that this update brings to its mainnet. In other words, this cutting-edge technology offers a solution to the ongoing challenges related to state growth, which in turn makes the network more efficient and scalable. In addition, the ZK Compression has also other benefits apart from the cost-cutting feature. It lays the groundwork for future ZK compute applications on the SOL network.

Meanwhile, the announcement showed that the update has been audited by Neodyme and OtterSec. This also reflects the focus of the network towards the security and scalability of the platform. Besides, a perpetual bug bounty has also been established with Immunefi to ensure ongoing security.

SOL Price To Hit $300?

The crypto market has been highly volatile lately, amid anticipations over a potential Fed rate cut. However, at the conclusion of the latest FOMC, the US Fed announced a 50 Bps interest rate cut, fueling the market sentiment. Notably, this development has also sparked a rally in the broader financial sector, including the crypto market.

However, the rally appeared to have been short-lived, with Fed Chair Jerome Powell speech weighing on the market sentiment. In his latest conference, Powell hints at potential uncertainties that have dampened the market sentiment, raising discussions if the central bank will move with a dovish plan ahead.

Despite that, the recent development on the Solana network appears to have boosted the market sentiment. SOL price was up over 1.5% over the last hour and exchanged hands at $130.88 while touching a 24-hour high of $132.63.

In addition, a recent Solana price analysis hints at a potential rally of the crypto to $300, with a flurry of anticipated positive developments. The updates are likely to boost the market sentiment, potentially bumping up the price of the crypto.

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Rupam Roy

Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam’s expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news.
Rupam’s career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.

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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Kadena (KDA) Price Shoots Up 30% On This Binance Announcement

Published

6 hours ago

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September 18, 2024

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In a riveting turn of events, Kadena (KDA) price rocketed nearly 30% on Wednesday amid an important update from crypto exchange giant Binance. The crypto exchange colossus revealed that it is commencing futures trading for the token. This announcement has in turn sparked noteworthy investor optimism on the coin’s future price movements.

Binance Unveils Kadena Futures Listing

In an official Binance announcement dated September 18, the CEX revealed that it is listing the KDAUSDT USD-Margined perpetual contract today at 13:00 UTC. This mover comes primarily to “expand the list of trading choices offered on the exchange and enhance users’ trading experience,” the announcement added.

The underlying asset remains Kadena, a proof-of-work blockchain that eyes offering a scalable version of Bitcoin. Users can enjoy trading with up to 75x leverage on the crypto. The tick size for the asset remains 0.0001. Further, the capped funding rate was set at +2.00% / -2.00% by the exchange.

Nevertheless, Binance clarified in its announcement that it could adjust the specifications of the listing contract ahead based on market risk conditions. The potential changes could include adjustments in the funding fee, tick size, maximum leverage, initial margin, and maintenance margin requirements.

Overall, the announcement has reverberated optimism for Kadena across the broader market, as one of the top crypto exchanges lists it.

Token Price Soars 30%

At press time, KDA price noted gains worth 29.59% in the past 24 hours and is currently trading at $0.6527. The coin’s intraday low and high were recorded as $0.5018 and $0.6757, respectively.

KDA’s 24-hour trading volume surged a whopping 758.74% over the past day to $$18,415,678. Meanwhile, the coin’s market cap rocketed 28% to $186,287,375 as of reporting. Traders appear to have reacted positively to the Binance futures listing announcement, as illustrated by the abovementioned data.

Simultaneously, Coinglass data illustrated a whopping 125% surge in the token’s futures OI. Further, the derivatives volume accompanied, soaring 2348%. Coupled with the price upswing, the coin’s stats reflect an uptrend today.

As seen previously, the CEX’s futures contract listings appear to have a positive impact on a token’s price. UXLINK price extended weekly gains to 110% with its futures listing on the exchange.

Simultaneously, AERGO futures listing sparked a briefly sustained upward movement in the coin’s price. This phenomenon aligns with Kadena’s price upswing witnessed today.

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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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Clear US Crypto Rules Will Boost Ripple’s Market Lead, Stuart Alderoty Claims

Published

7 hours ago

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September 18, 2024

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During the Financial Markets Quality Conference 2024, Ripple’s Chief Legal Officer, Stuart Alderoty, discussed the ongoing challenges faced by the crypto industry due to unclear regulatory frameworks in the United States.

Alderoty, speaking alongside representatives from Robinhood, Grayscale, and other crypto enterprises, emphasized the need for “policy clarity” in the U.S. He described the current state of crypto regulations as a “regulatory cloud” that hinders the growth and acceptance of crypto solutions.

Ripple CLO Sees Regulatory Clarity as Key to Market Domination

Stuart Alderoty, Ripple’s Chief Legal Officer, articulated a strong position on the necessity of definitive U.S. SEC crypto regulations during the conference. He believes that the removal of the existing “regulatory cloud” could elevate the firm’s status in the U.S. market, making it the most trusted enterprise-grade provider of crypto solutions. 

Additionally, Alderoty’s statement reflects a broader sentiment within the crypto sector that clear laws could catalyze growth and innovation by providing a stable environment for companies.

Further adding to the discussion, Alderoty highlighted the company’s readiness to adapt and comply with future regulatory demands. This readiness, paired with Ripple’s ongoing legal victories over the SEC, positions the company favorably in navigating the complex U.S. regulatory landscape.

Legal Milestones and Future Prospects

Over the past year, Ripple has secured significant legal victories that have reinforced its position in the industry. Notably, a ruling by Federal Judge Analisa Torres acknowledged that XRP sales on secondary markets do not qualify as security sales, a decision that subtly endorsed the legality of the firm’s operations.

Despite the Securities and Exchange Commission request for the XRP company to pay $2 billion in fines, the final settlement amounted to only $125 million. This outcome highlighted the challenges within the regulatory processes that govern the crypto space. 

In addition, recently the US SEC amended Binance lawsuit regarding “crypto asset securities” stating that it was regretting any confusion caused. These developments are crucial for Ripple as it continues to advocate for fair and clear regulatory policies that could ultimately enhance its market position.

Ripple’s Strategic Moves in the Stablecoin Market

Amidst regulatory battles and market fluctuations, the XRP company has also ventured into the stablecoin arena with the launch of RLUSD. This stablecoin aims to offer a less volatile option for crypto transactions by maintaining a steady peg to the U.S. dollar. 

Fully backed by cash or its equivalents, RLUSD stands as a testament to the company’s commitment to compliance in the evolving crypto market.

The deployment of RLUSD and collaborations with players like Mastercard and PayPal underscore Ripple’s approach to shape the future of digital finance. By leveraging stablecoin, the firm aims to enhance the efficiency of international transfers, which accounted for almost $7 trillion in 2022.

At the time of writing, XRP price is $0.5679, marking a 7.68% increase over the past week, with a market capitalization of approximately $32 billion.

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Ronny Mugendi

Ronny Mugendi is a seasoned crypto journalist with four years of professional experience, having contributed significantly to various media outlets on cryptocurrency trends and technologies. His work includes notable contributions to Cryptopolitan and Coingape News Media, where he shares his insights on the latest developments in the cryptocurrency market. Outside of his journalism career, Ronny enjoys the thrill of bike riding, exploring new trails and landscapes.

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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