Connect with us

Altcoin

Next 100x Crypto? Viral Meme Coin Wall Street Pepe to Launch in February as $DOGE Sinks

Published

on


As tech stocks plummet, $DOGE and other viral meme coins have also all taken a turn for the worse. 

Despite being Elon Musk’s favorite, $DOGE took a brutal hit yesterday. It dropped to its lowest point this year, falling below $0.31 – a ~30% drop from its $0.43 2025 high. 

Donald Trump’s meme coin also plunged to $25, a dramatic 92% drop compared to its peak value just last week. 

But there’s a silver lining. Amidst the volatility, low-cap cryptocurrencies with actual utility – like Wall Street Pepe ($WEPE) and Solaxy ($SOLX) – stood tall, spotlighting their high profit potential after going live. 

1. Wall Street Pepe ($WEPE) – Share Trading Tactics & Win Rewards

$WEPE has already raised an eye-boggling $62.2M on presale, signaling positive times for Wall Street Pepe once the coin’s listed on crypto exchanges next month. 

One $WEPE currently costs just $0.0003665 but its price will likely rocket after it attracts mainstream attention. Being listed on Binance could even result in a sharp increase exceeding 3,000%

Another factor pointing to rosy prospects for the coin is Donald Trump’s Bitcoin advocacy and promise to ease US crypto regulations.

But, ultimately, the coin’s own utility is what makes $WEPE stand out. Although it looks akin to the viral coin $PEPE (which has a tremendous $5.41B market cap), $WEPE is more than just a pretty green face. It sets itself apart by giving token holders a leg up through insider crypto insights. 

Further motivation to buy $WEPE is the chance to win extra tokens by sharing your successful trading tactics. Indeed, 15% of $WEPE’s total supply is set aside for these trading rewards. 

You can also earn passive income by staking $WEPE, to which an additional 12% is allocated. 

Wall Street Pepe ($WEPE) tokenomics
Source: Wall Street Pepe

All things considered, we forecast $WEPE’s price to rise over 250x to $0.0013 by this year’s end. Who knows, it might even replace $DOGE as the top dog of viral meme coins. 

2. Solaxy ($SOLX) – World’s First L2 Token Addressing Solana’s Limitations

$SOLX is the linchpin of the first-ever Solana Layer-2 network, Solaxy, which is designed to resolve some of Solana’s pain points. 

Although Solana is already a go-to network for meme coins due to its ability to roll out 1,504 tps (transactions per second), it’s not without its issues: failed transactions, network congestion, and scalability limitations. 

This is where Solaxy comes in. It merges the benefits of Solana and Ethereum to create a blockchain layer that’s quicker, more secure, and more efficient overall. 

Solaxy boosts the strengths of Solana
Source: Solaxy

Other blockchain networks are catching up with Solana’s in terms of speed, (just look at Sui, which can support 120K tps).  If Solana is to retain its place as the home of the biggest meme coins, upgrades like Solaxy couldn’t come at a better time.

It’s evident that traders are recognizing Solaxy’s potential early on. Its presale has already raised a considerable $15.6M. 

Beyond the prospect of the L2 network, the ability to stake your tokens for 254% rewards is also contributing to the presale’s success.

The presale token is currently priced at $0.001618. When also taking into account that $SOLX is anticipated to jump to $0.032 (a 3,100% increase from the initial presale price of $0.001), there’s no better time than now to buy $SOLX

3. Best Wallet ($BEST) – Spotlights High-Profit Potential Coins on Presale

$BEST might be the next viral meme coin, having already raised $8.4M on presale. 

The Best Wallet token is the native token of the Best Wallet ecosystem. Best Wallet is a novel crypto wallet that’s witnessed 50% month-on-month growth and sets itself apart from its competitors (even MetaMask) by spotlighting compelling presales.

Holders gain early access to low-cap coins with high-profit potential.

Plus, it’ll soon support 60 blockchain networks and is gearing up its own decentralized exchange (DEX). Best Wallet users will also soon be able to order a ‘crypto card’, which will enable them to spend their digital assets effortlessly in the real world. 

Best Wallet to launch Best Card
Source: Best Wallet

The benefits of holding $BEST include reduced transaction fees, early access to high-potential presales, community governance, and hefty 211% staking rewards. 

Those who want to reap these benefits can buy $BEST on presale. It costs just $0.023775, using either $ETH, $USDT, $BNB, or fiat. 

4. XDC Network ($XDC) – Spikes 22.7% After Blockchain Builder Partnership

Since yesterday, $XDC has shot up 22.27%.  This after the coin’s blockchain network, XDC Network, collaborated with BlockOn (a leading blockchain ecosystem builder) to debut XDC Web3Preneur AccInvest. 

XDC Web3Preneur AccInvest is a venture builder program and accelerator for Asian blockchain startups, helping them to grow and raise capital.

$XDC is used for all transactions on the XDC Network, as well as for staking, governance, smart contract deployment, and accessing various dApps. 

This week, the network also went live on DEXTools. In addition, its leaders (including the celebrated American record producer Quincy Jones) hosted a show discussing the benefits of tokenizing assets. 

With $XDC showing no signs of slowing down, buying the coin, which is currently worth $0.1202 on Bybit, could be a profitable venture.

5. Jupiter ($JUP) – Vote on the Developments of a Solana Liquidity Aggregator

$JUP has jumped 35.98% over the past week to $1.22, bringing its market cap to a commendable $2.05B.

$JUP is used for staking and governance within the Jupiter ecosystem, a Solana-based liquidity aggregator that facilitates multichain swaps across DEXs.

Also playing a part in the coin’s rise is 3B $JUP tokens worth $3.6B being burnt just two days ago. As usual, scarcer tokens attract more demand.

Jupiter recently burnt 3B $JUP
Source: Jupiter (X)

Jupiter also recently airdropped 700M $JUP (worth around $500M at the time) to eligible crypto wallets, further boosting awareness and adding to its appeal as an investment opportunity. 

Verdict – Interest in Pure Meme Coins is Dwindling

As viral meme coins like $DOGE and $Trump dump, investors are looking to alternative crypto projects with real-world utility like $WEPE and $SOLX. 

Exclusive holder benefits like insider trading insights, early access to presales, or staking rewards also go a long way to winning over the market’s attention. 

Whichever new coin catches your fancy, it’s vital to be aware that crypto is a volatile space. Always DYOR, and never invest more than you’d be sad to lose. 





Source link

Altcoin

John Deaton Pushes For XRP Lawsuit Drop Amid Hex Founder’s Case Dismissal

Published

on


The US federal court’s recent dismissal of an SEC lawsuit against Hex founder Richard Heart has sparked optimism about a potential resolution in the XRP lawsuit. This development, combined with the SEC’s growing trend of dismissing crypto lawsuits, has fueled anticipation of an imminent resolution in the Ripple case. XRP lawyer John Deaton is advocating for a swift resolution to the Ripple vs SEC case, directly addressing key SEC officials and the government’s cryptocurrency team.

John Deaton Urges SEC Officials for XRP Lawsuit Settlement

In response to the US district court’s recent decision to drop fraud charges against Hex founder Richard Heart, pro-XRP advocate John Deaton urges the government for a swift XRP lawsuit resolution.

The XRP lawyer urged key SEC officials Hester Peirce and Mark Udeya as well as crypto czar David Sacks and crypto advisor Bo Hines for the Ripple case dismissal. In an X post, Deaton wrote, “As Amici counsel and on behalf of 75K XRP holders, Hester Peirce, David Sacks, Bo Hines, Mark Udeya, when Ripple?”

US Court Drops SEC Lawsuit Against Hex Founder

Notably, John Deaton’s X post comes on the heels of the US federal court’s dismissal of the lawsuit against the Hex founder, imposed by the Securities and Exchange Commission. The SEC alleged that Richard Heart accumulated over $1 billion through unregistered cryptocurrency offerings and $12.1 million through defrauding investors.

However, the court countered that the regulators failed to demonstrate US jurisdiction over Heart’s crypto activities. In a February 28 court ruling, Judge Carol Bagley Amon stated,

The alleged misappropriation occurred through digital wallets and crypto asset platforms, none of which were alleged to have any connection with the United States…To the extent the Complaint shows that Heart misappropriated investor funds through deceptive mixer transactions, those actions occurred entirely outside of the United States.

The Hex founder’s lawsuit update and John Deaton’s statement come following the SEC’s dismissal of multiple crypto lawsuits involving Coinbase, Robinhood, Uniswap, etc. In a contrasting view, former SEC official John Reed Stark perceives these developments as a warning sign, suggesting that they may ultimately lead to the agency’s destruction.

Following the court win, the crypto tokens like PulseChain (PLS), PulseX (PLSX) and HEX (HEX), which the SEC alleged were securities, surged significantly. Richard Heart celebrated the victory, coupled with the tokens’ rally. In an X post, he stated, “HEX has operated flawlessly for over 5 years. Today’s decision in favor of a cryptocurrency founder and his projects over the SEC brings welcome relief and opportunity to all cryptocurrencies.”

John Deaton’s Long Battle for Ripple’s Victory

Significantly, John Deaton began his crusade against the SEC in response to the agency’s allegations against Ripple, taking on a role as an advocate for XRP holders. He began his journey as an amicus counsel representing 75k XRP holders, filing a writ of mandamus to question the SEC’s jurisdiction and motives. Over the four-year lawsuit, he continued to support Ripple, arguing that the SEC’s claims were unfounded.

Recently, John Deaton reflected on Ripple’s significant transformations over the past few years, especially since 2020, when the SEC filed the lawsuit. He credits Ripple’s successful court battles and Donald Trump’s re-election as key factors contributing to the optimistic developments surrounding XRP ETFs.

✓ Share:

Nynu V Jamal

Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.

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

Litecoin Address Activity Hints At LTC Price Rally To $200 By April

Published

on


With the broader crypto market recovery, the Litecoin (LTC) price has bounced back 11.2% today, surging to $127 levels as the blockchain address activity touches new highs. While top altcoins like Ethereum (ETH) experienced a brutal 31% correction in February, LTC staged a strong show, ending 1% on the green side. Market analysts believe that LTC can continue the rally further and surge past $200 levels by April.

Will Litecoin Outperform Bitcoin in March?

February 2025 turned out to be among the worst-performing months for Bitcoin (BTC) with a 17.3% correction, while Litecoin ended up 1% in the green. According to analytics platform Santiment, LTC price has risen 25% against BTC during the month, a notable divergence in a bearish crypto market.

Amid the strong performance, Santiment also highlights a recent spike in LTC addresses and an overly bullish commentary for the altcoin in the last 24 hours. Analysts caution that these factors may signal a minor price retracement in the short term.

Source: Santiment

Litecoin ETF Demand Grows

The surge in the network activity has been largely due to the growing optimism surrounding the approval of Litecoin ETF by the US SEC this year. Bloomberg has pegged the odds of such an approval to 90%, much higher than XRP ETF or Solana ETF.

The potential approval of an LTC ETF reflects a growing trend in the cryptocurrency market. The success of spot Bitcoin and Ethereum ETFs, which have seen significant net inflows since their 2024 launches, has opened the door for additional crypto-focused investment products.

While an ETF may not command the same level of demand as its Bitcoin and Ethereum counterparts, analysts believe that even moderate inflows could make it appealing.

Will LTC Price Rally to $200?

As of press time, the LTC price is trading 11% up at $127.70, however, the bulls still need to push it past the crucial resistance of $130 and sustain above it to trigger the next leg of the rally. As per the Coinglass data, the LTC open interest has surged 8.68% to $645 million. Also, the 24-hour liquidations have soared to $2.25 million of which $1.90 million is in short liquidations.

Market analysts have mixed opinions, especially with Litecoin price’s recent surge despite the broader market crash. Some believe that the current bounce in LTC price is the outcome of short liquidations instead of fundamental shifts in market conditions. On the other hand, CoinCodex data shows that Litecoin can rally all the way to $224 by April 2025.

Source: Coincodex

Tight liquidity conditions have been the major reason behind recent crypto market pullbacks and will continue to influence Bitcoin and altcoin movements ahead. Apart from the current surge, there has to be a strong catalyst that can drive the LTC rally ahead.

✓ Share:

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.





Source link

Continue Reading

Altcoin

TRUMP Meme Coin in Hot Water as Democrats Push Presidential Crypto Ban

Published

on


A new bill is making its way through the US Congress, in a bid to stop politicians from launching their own cryptocurrency coins. This move comes after many investors lost money big-time on the TRUMP meme coin, which is associated with US President Donald Trump. The coin’s wild ride has made people wonder if politicians should be allowed to create and promote these kinds of financial assets.

The Rise And Fall Of TRUMP Coin

Last month, the TRUMP meme coin and another coin linked to Melania Trump became instant sensations. Both quickly hit huge milestones, boasting multi-billion-dollar valuations just hours after they debuted.

But the excitement didn’t last. The price of TRUMP coin took a nosedive. It fell more than 80% from its highest point. Many people who bought the coin ended up losing a lot of money. This situation has caught the attention of regulators and finance officials.

A New Law Called The MEME Act

California Rep. Sam Liccardo is leading the charge with a new bill. It’s called the MEME Act, which stands for Modern Emoluments and Malfeasance Enforcement Act. The idea is simple: stop the President, Vice President, members of Congress, high-ranking government officials, and their families from endorsing, issuing, or sponsoring financial assets, including meme coins.

Total crypto market cap currently at $2.74 trillion. Chart: TradingView

Liccardo believes that the Trump family took advantage of their political position to make money off these cryptocurrencies. He argues that they used their influence for personal gain. The goal of this law is to keep federal officials from profiting from digital assets. This includes things like stocks or cryptocurrencies. This is important because it could create conflicts of interest or open the door to corruption.

Worries About Trading And Foreign Influence

Liccardo is concerned about the possibility of insider trading. Also, he is worried about foreign influence over US politics. Cryptocurrencies have a global reach, which makes them vulnerable. The MEME Act is designed to prevent federal officials from using their positions to profit from these assets, thus keeping their interests aligned with the public good.

For example, if a politician knows about upcoming regulations that could affect the price of a cryptocurrency, they could use that information to make a profit before the public knows. This is unfair and erodes trust in government.

What’s Next For The Bill?

The MEME Act faces a tough road ahead. Republicans currently control both the House and the Senate. This means it will be difficult for the bill to gain support. However, Liccardo is determined to keep pushing the bill forward. He hopes to get wider support if Democrats gain a majority in the future.

Featured image from Pexels, chart from TradingView





Source link

Continue Reading

Trending

Copyright © 2024 coin2049.io