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Next Cryptocurrency to Explode After SEC Takes SAB 121 Out & Ethereum Could Shoot to $7K

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The new US SEC team under Donald Trump’s leadership has revoked SAB 121, a crypto account regulation that has required financial entities to treat crypto holdings as liabilities on their balance sheets since March 2022.

Because this shines a light on Ethereum, ERC-20 tokens might be the next cryptocurrency to explode. 

SAB 121’s closing is a big deal as it’ll likely spur more TradFi companies to explore DeFi. Partly owing to Ethereum having the most significant TVL at $67.387B, an analyst predicts it will reach $7K. 

Another factor pushing Ethereum coins forward is Etherealize, an Ethereum Foundation-backed marketing firm that educates institutions on the network. 

Such news, combined with $ETH spiking by 6.5% since yesterday, suggests a thriving future for both $ETH and ERC-20 tokens, like $WEPE, $MIND, and $MEMEX. 

1. Wall Street Pepe ($WEPE) – Insider Information for Crypto Degens

Wall Street Pepe ($WEPE) is a frog coin that’s on a mission to capitalize on Pepe’s $6.5B market cap. However, unlike its predecessor, it has real-world utility: exclusive trading insights for degens. 

By offering small crypto investors trading tactics of the Wolf of Wall Street, $WEPE aims to help them out-trade crypto whales, which manipulate the market for selfish gain. 

 Exclusive Wall Street Pepe trading insights to token holders

Beyond receiving game-changing strategies, $WEPE holders can share their own fruitful ones, for which they receive rewards. About 15% of the project’s total token supply is strategically set aside for this. 

More $WEPE can also be won through staking, and 12% of the total supply goes toward it.

Considering $WEPE’s price has already increased by 83.25% from $0.00020000 to $0.0003665 and that we predict its price to reach $0.0013 (a 254.71% rise) by this year’s end, there’s no better time to buy the coin on presale than the present.

2. MIND of Pepe ($MIND) – AI Agent Dishing Out Crypto Trading Tactics

MIND of Pepe ($MIND) is another frog coin building on Pepe’s achievements. In just 48 hours of going on presale, it surpassed $1.8M

Albeit similar to $WEPE in the sense that it also grants token holders exclusive trading insights, it differentiates itself by leveraging AI.  

The AI agent token scans crypto Twitter (X) to find out what’s hot and what’s not in the crypto realm. It then shares its findings with token holders, helping them gain a competitive edge in the blockchain market, which is forecasted to reach a whopping $1,000T by 2032

Early adopters can gain exclusive insights into the ever-expanding Web3 market by purchasing $MIND on presale (currently for just $0.0031889) and through staking, with a current 626% APY. 

Its staking initiative and the 20% $WEPE allocations to marketing and 30% to development also boost its sustainability, contributing to its high chance of long-term success. 

MIND of Pepe tokenomics

3. Meme Index ($MEMEX) – Meme Indexes Catering to All Risk Appetites

Meme Index ($MEMEX) is another attractive Ethereum-based investment that aggregates industry-wide exposure into four curated meme coin indexes. 

The meme coin baskets range from low to high volatility, giving holders the chance to access ones that suit their investment needs. 

For instance, Titan offers insights on the top ten meme coins with the greatest market caps, which are less risky because of their high demand.

On the other hand, the Meme Frenzy Index highlights the most high-risk investment options with significant returns.

The Meme Index you pick really depends on where your risk tolerance lies.

Besides its dynamic baskets, $MEMEX is a governance token, which allows token holders to have a say on the Meme Index ecosystem’s future path. They can vote on meme coins to be included in the baskets and on future developments to bring the coin to rosy pursuits. 

It also has an attractive staking incentive, with a commendable 821% APY granting stakers passive income every three years. 

Meme Index staking initiative

Plus, security-conscious investors can rest easy. The smart contracts of these governance and staking functions are fully audited to ensure a secure and transparent experience. 

$MEMEX could be the next coin to 100x. This is especially true when considering that it’s straightforward to buy on presale (currently at $0.0155312). We predict it could reach $1.75 by 2030

4. Onyxcoin ($XCN) – Help Build DeFi Services From the Ground Up

$XCN is the backbone of Onyx Core, a blockchain infrastructure that helps build DeFi services from start to finish on the Ethereum blockchain. 

Ultimately, it enables developers and businesses to launch and operate their own networks so they can move digital assets worldwide in a breeze. 

What makes it stand out further is its compatibility with other independent networks and digital assets, leveraging each of their benefits to modernize TradFi systems. 

$XCN has three major roles in the ecosystem. First, it’s a governance token, giving token holders a say in its future direction. Second, it’s used to pay for Onxy and Chain.com’s services.

Last but not least, it can be staked with a 30.62% APY – $50.89M has already been staked. 

Onyxcoin ($XCN) token benefits

The coin’s use cases have supported its uptrend. Since last week, it has jumped by 205%, bringing its price to $0.02319. 

5. Ondo ($ONDO) – Vote on a DeFi Protocol’s Financial Tools

The next cryptocurrency to explode could be $ONDO, a governance token that enables holders to vote on how its DeFi protocol leverages top-not financial tools. 

Some of the tools and services that Ondo supplies include: 

  • Liquidity pools that grant users passive income and stabilize the platform 
  • Crypto loans with fixed rates to help minimize profit loss during market volatility 
  • Tokenized real-world assets (RWAs), making equities and bonds easily accessible in the DeFi industry. 

When taking into account that the RWA market is predicted to hit $30T by 2030, $ONDO is a great entry point to benefit from the upswing. 

The coin is valued at $1.51, and its market cap has increased by 16.5% since yesterday to $4.75B. 

Each of these tokens benefits from Ethereum’s expansive smart contract capabilities and DeFi applications. 

ERC-20 Tokens Might Be the Next Cryptocurrencies to Explode

As $ETH adoption increases, partly due to the SAB 121 coming to an end and Etherealize’s learning materials,  ERC-20 tokens might be the next cryptocurrencies to explode because they leverage the network’s benefits (smart contracts, DeFi, scalability, digital ownership). 

The coins we discussed offer low-cap entries into the thriving Ethereum ecosystem for less than a fraction of the price. 

However, remember that this isn’t financial advice. You must always do your own research before investing in crypto and be willing to lose the amount you spend. 



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Solana Dump By Binance Sparks Concern Over SOL Price Dip To $100K

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The crypto industry has plunged into another severe slump, with its total market capitalization plummeting to $3.13 trillion- a decline of 0.84%. As a result, top assets are witnessing substantial losses. In line with the trend, Solana has experienced severe declines, with the SOL price decreasing by more than 35% over the last 30 days.

Notably, Solana’s current dip is driven by Binance’s massive SOL selloff. Adding to the momentum, analysts predict that the SOL price could further plunge to $100.

Will SOL Price Plummet to $100? Here’s What You Should Know

Currently, Solana is trading in the red zone, marking a decline of 6.69% in a day. As the token is now trading below $160, there is a possibility that the SOL price could fall to $100. For instance, analyst Crypto Beast alerted investors and traders against Solana’s potential slip to $100 via his X post.

Notably, $154 is identified as a critical support level for the SOL price. If Solana breaks past the level, SOL could reach a significant high of $340. However, as per the prevailing sentiment, a failure to maintain the support level is more likely, which could pull the price down to $100.

What Does Binance’s SOL Dump Signify?

In a surprising development, crypto exchange Binance has been dumping massive amounts of Solana over the last few hours. Through Wintermute, Binance sold about 100,000 SOL, worth around $15.6 million, fueling concerns within the community. While the community is drawn between the thoughts of a possible bullish rally or an imminent bearish turn, analyst Crypto Jessica wrote, “Does this massive withdrawal signal bullish confidence or preparation for a market shift in Solana?”

Though Binance’s intention is unclear, their move is undoubtedly precautionary or a harbinger of something. Perhaps it could be the onset of a bear market or another massive breakout that could propel the SOL price to outstanding records.

Traders and investors are exercising caution as Solana teeters around its crucial support level of approximately $157. The token’s success or failure in maintaining this level will likely define the future of the SOL price. However, if the SEC approves the Solana ETF, it could significantly push the SOL price to new heights.

Will SOL Price Surge Past $157 to Escape the Bearish Pressure?

As identified by many analysts, $157 marks a major support for SOL price. As Solana hovers around the level, there are two possible scenarios. The token could either break past the point or slip below the mark.

If SOL can stay above $157, it might indicate a positive future for the price. But if SOL falls below $157, it could lead to a significant decline.

As of press time, Solana is trading at $158.72, marking a weekly decline of 14.54% and a monthly dip of 36.64%. Despite the dip, traders are increasingly involved in the market activity, which is evident by the staggering 144% surge in the trading volume. Boasting a volume of $3.73 billion, Solana is ranked 6th on CoinMarketCap, with a market cap of $77.84 billion.

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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.





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Binance Expands Support For KAITO, SOL, & These 5 Crypto, Price Rally Imminent?

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Binance unveiled a vital update on the tokens KAITO, SOL, ETH, BNB, TST, TRUMP, and TRX this Monday, nabbing investor attention globally. The crypto exchange behemoth is expanding spot trade offerings for these tokens whilst also adding new trade services for them. In response, market sentiments about the coins’ long-term prospects turned bullish among traders and investors.

Binance Spot Expands Offerings For These 7 Crypto

In an official announcement dated February 24, Binance Spot Trading revealed that it is adding seven new trading pairs for its users on February 25 at 08:00 UTC.

Here Are The New Spot Trading Pairs

  • KAITO/BRL
  • SOL/ARS
  • BNB/ARS,
  • ETH/MXN
  • SOL/MXN,
  • TRUMP/BRL
  • TRX/FDUSD
  • TST/TRY

What’s More In The Binance Announcement?

Additionally, the leading crypto exchange also revealed that ‘Trading Bots’ services for these pairs will commence on the same date and time. Also, ‘Spot Algo Orders’ for the abovementioned pairs will be available for users.

For context, ARS, BRL, MXN, and TRY are fiat currencies, with the exchange expanding regional trade offerings for the abovementioned tokens. As a result, market sentiments over future price prospects remain bullish as increased investor participation and trading could boost the coins” tokenomics.

Binance further added that the decision to add new trading pairs comes to enhance users’ trading experience.

How Are These Crypto Performing Amid Binance’s Listing?

KAITO

Following the Binance announcement, KAITO price was up by nearly 14% in the past 24 hours, closing in at $1.73. The coin hit a bottom and high of $1.45 and $1.75 intraday.

SOL

Solana price slumped nearly 8% amid broader crypto market volatility and exchanged hands at $156.91. The coin’s intraday low and high were $155.70 and $171.28, respectively.

ETH

Ethereum price dropped by 5% over the past day and rested at $2,675. The coin hit a bottom and peak of $2,666.28 and $2,850.61, respectively.

BNB

BNB price also cracked 4% intraday and closed in at $637.83. The coin’s 24-hour low and high were $636.51 and $662.35, respectively.

TRX

TRX price was up by 2% over the past day, trading at $0.2463. Its intraday bottom and peak were $0.2418 and $0.2471.

TRUMP

TRUMP price slumped 8% intraday and exchanged hands at $14.99. The coin hit a low and high of $14.93 and $16.25 in the past 24 hours.

Despite most of the tokens trading in the red zone today, market watchers remain optimistic about future performances amid Binance’s enhanced support. The coins’ prices could potentially gain ahead due to increased market exposure and thus money influx into their ecosystems.

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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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Altcoin Season Likelihood Grows As The Alt Market Makes A Key Cross, Breakout Looming?

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An altcoin season occurring in this current bull market cycle has become a heated topic in the crypto sector lately, with uncertainty observed among the majority of crypto enthusiasts. Even though altcoins have been performing significantly bearish in the past few months, recent developments in the alts market raise the possibility of an altseason as a breakout could be on the horizon.

Key Cross Forms In Altcoin Market Cap

After facing heightened volatility in the past few months, the altcoin market might be gearing up for a significant and promising move. Titan of Crypto, a crypto analyst and trader delving into recent performances has outlined that the market is currently flashing bullish signals.

The expert points to bullish signals as the market forms a key technical cross, particularly the Golden Cross, which shows that upside momentum is building. A golden cross usually forms when short-term moving averages cross above long-term moving averages, reflecting a possible change from a bearish trend to a bullish trend.

While Bitcoin dominance might be reducing, investors may be diverting their focus toward alts, leading to a positive setup in the altcoin market. Should this key structure strengthen, alts market might experience an encouraging move in the upcoming weeks.

Considering the formation, Titan of Crypto predicted that a rally could be on the horizon. His prediction is based on past cycle trends, whereby the market topped out about 42 weeks after witnessing a golden cross.

Altcoin
Golden cross hints at upside potential for altcoin market | Source: Titan of Crypto on X

As the golden cross reappears, the expert suggests a similar development would occur in the ongoing cycle. In the event that it mirrors past rallies, Titan of Crypto believes that the market could rise about $6.6 trillion in the upcoming months.

It is important to note that this golden cross marks its first instance since the first quarter of 2021. Ted Pillows highlighted that the last time this happened, the altcoins market cap jumped by over 500% in the next few months.

Given the past growth, the market may be poised for a 500% growth or more than before the current bull market ends. Due to the shift in market dynamics, the expert claims that the altseason appears to be an imminent reality.

Cup And Handle Formation Hints At A Breakout

Examining the altcoin market excluding BTC, Milkybull Crypto, an economist and analyst has spotted a bullish Cup and Handle formation. Typically, a cup and handle pattern signals a potential upside breakout after a period of downward trend.

As a result, the expert is confident that a significant breakout is imminent, stating that “altcoins real fun is about to start.” MilkyBull Crypto also foresees a rally for alts due to a formation on the ETH/BTC chart. 

According to the analyst, ETH/BTC has broken out of a triangle pattern in the 1-day time frame, indicating a possible upsurge for alts. In another post, MilkyBlly Crypto highlighted that the market has formed a macro bottom. After this, the analyst expects the much-anticipated altseason to begin.

Altcoin
Overall crypto market cap excluding BTC at $1.2 trillion | Source: TOTAL2 on Tradingview.com

Featured image from iStock, chart from Tradingview.com



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