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PEPU Investors Believe PEPU and MPEPE Will Both Provide 1000x Gains
The world of cryptocurrency is filled with opportunities, especially for those who know where to look. Recently, Pepe Unchained (PEPU) has been making significant waves in the crypto community, garnering the attention of both seasoned investors and newcomers alike. Alongside PEPU, another token, Mpeppe (MPEPE), is gaining traction, with many investors believing that both of these coins could potentially deliver massive returns. Here’s why Pepe Unchained (PEPU) and Mpeppe (MPEPE) are being hailed as the next big opportunities in the meme coin market.
Pepe Unchained: More Than Just Another Meme Coin
Pepe Unchained (PEPU) is quickly becoming a standout in the meme coin space, not just for its cultural appeal but for its technological advancements. Unlike many meme coins that are purely speculative, PEPU brings real utility to the table with its innovative Layer-2 blockchain. This Layer-2 solution addresses some of the key issues that have plagued Ethereum-based tokens, such as high gas fees and slow transaction times. By bundling multiple transactions into one before processing them on the Ethereum mainnet, PEPU offers faster and more cost-effective transactions, which is a significant draw for investors.
As of now, Pepe Unchained (PEPU) has raised over $9 million in its ongoing presale, a clear indication of the growing investor interest. The presale price of $0.009163 per token is set to increase as the token hits new milestones, making early investment even more attractive. For those who missed out on the rapid rise of previous meme coins like PEPE, Pepe Unchained offers a second chance to get in early on what could be the next big thing.
Mpeppe: A Complementary Investment with High Potential
While PEPU has captured much of the spotlight, Mpeppe (MPEPE) is quietly building its own following. Mpeppe (MPEPE) is currently in its presale phase, with a price of $0.001777 USDT and over 70% of its tokens already sold. What makes Mpeppe (MPEPE) particularly appealing is its focus on the gambling sector, a niche market with enormous growth potential. By targeting this specific industry, Mpeppe (MPEPE) offers investors a unique opportunity to tap into a rapidly expanding market while enjoying the speculative upside that meme coins are known for.
Many Pepe Unchained (PEPU) investors are now adding Mpeppe to their portfolios, believing that the combination of these two tokens could lead to substantial gains. The rationale is simple: both tokens have distinct value propositions that complement each other, and by investing in both, one can maximize their potential returns.
The Case for 1000x Gains: Why Investors Are Excited
The belief that PEPU and Mpeppe (MPEPE) could both provide 1000x gains is not unfounded. Here’s why investors are so optimistic:
- Innovative Technology: PEPU’s Layer-2 blockchain is not just a buzzword; it’s a game-changer in the world of meme coins. By addressing the scalability and cost issues that have long plagued Ethereum-based tokens, PEPU is setting itself up for long-term success. The ability to process transactions quickly and cheaply is crucial for any token looking to gain widespread adoption, and Pepe Unchained (PEPU) delivers on this front.
- Strong Community Support: Both Pepe Unchained (PEPU) and MPEPE have garnered significant attention on social media platforms like X (formerly Twitter) and Telegram. PEPU, for example, boasts over 11,000 followers on X and nearly 6,000 on Telegram. This strong community backing is essential for the success of any cryptocurrency, as it drives awareness, adoption, and ultimately, price growth.
- High Yield Opportunities: Pepe Unchained (PEPU) offers an impressive annual percentage yield (APY) of 210% through its staking pool. This not only incentivizes long-term holding but also reduces the circulating supply, potentially driving up the token’s price as demand increases. Mpeppe, while not offering staking, benefits from its low entry price and the potential for significant price appreciation as it gains traction in the gambling sector.
- Market Timing: The broader crypto market has been relatively quiet during the summer months, but many analysts believe that a new bull run could be on the horizon. If this happens, tokens like Pepe Unchained (PEPU) and Mpeppe (MPEPE), which are already showing strong performance, could see exponential growth. The current market conditions may be setting the stage for a massive rally, and those who invest now could be well-positioned to reap the rewards.
What the Experts Are Saying
Crypto experts and analysts have been closely watching the developments of both Pepe Unchained (PEPU) and Mpeppe (MPEPE). Many believe that PEPU, with its strong technological foundation and growing community, has the potential to become one of the top-performing meme coins of 2024. The combination of its Layer-2 solution, high staking rewards, and strategic marketing efforts positions it well for future success.
Similarly, Mpeppe is being recognized for its strategic focus on the gambling industry. As more people turn to online gambling, especially in the context of a growing digital economy, Mpeppe could see significant adoption. The low presale price and the potential for rapid appreciation make it an attractive investment for those looking to diversify their portfolios with high-risk, high-reward assets.
Conclusion: A Strategic Investment for the Future
For investors in the know, Pepe Unchained (PEPU) and MPEPE represent a rare opportunity to capitalize on two promising projects that offer both innovation and potential for massive returns. While the cryptocurrency market is inherently risky, the unique value propositions of these two tokens make them stand out in a crowded field.
As the presales for both tokens continue, now is the time for savvy investors to consider adding PEPU and Mpeppe (MPEPE) to their portfolios. With the potential for 1000x gains, these tokens could be the key to unlocking significant wealth in the next wave of the crypto market. Whether you’re a seasoned investor or new to the meme coin space, PEPU and MPEPE are two names you won’t want to ignore.
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Pi Network seems to be losing ground as Pi Coin price continues to face strong selling pressure, dropping another 4% and slipping under $0.70. Furthermore, the PI trading activity in the ecosystem is also dropping, showing that the investors’ euphoria is fading away quickly. Also, the PI token unlocks happening over the past week and so have led to a negative sentiment.
Pi Network Faces Backlash Despite PiFest Announcement
Earlier today, the Pi Core team announced that the inaugural PiFest on the Open Network saw record participation, with over 125,000 registered sellers—including more than 58,000 active sellers—and 1.8 million Pioneers utilizing Map of Pi, while highlighting Pi’s real-world utility worldwide.
However, the community doesn’t seem to be pleased by this. Commenting on the reality of the PiFest, Dr. Altcoin noted: “Since the PiFest started, Pi trading activity in the Eco-system has been at its lowest. The only trade was selling Pi for Cash”. While slamming the core team further, Dr. Altcoin stated that the Pi co-founders “seem out of touch with the realities of the everyday Pi Community”.
Other community members have slammed Pi Core Team’s communication approach, stating that it has remained unchanged since the enclosed mainnet phase. Critics like Dao world argue that the monthly updates are too predictable and insufficient for sustaining a large and engaged community.
Community members are now advocating for a more transparent communication strategy, with calls for a new leadership figure who has a deep understanding of cryptocurrency.
Pi Network Reduces Base Mining Rate by 1.18% This Month
The Pi Network’s base mining rate has dropped by 1.18% this month, now standing at 0.0029030 π per hour. This adjustment continues the network’s trend of gradual mining rate reductions. Some community members speculate that the declining interest in mining may be linked to Pi’s current low trading value on exchanges.
Despite talks of the Pi Network listing on top crypto exchanges like Binance and Coinbase, it hasn’t fructified so far. However, the BTCC exchange stated that it has added the cryptocurrency for spot trading, but it failed to add any upward momentum to the Pi coin price.
Where’s Pi Coin Price Heading Next?
Over the past seven days, the Pi coin price has tanked by 20%, with the next crucial support levels at $0.60. Furthermore, the correction under $0.70 comes with heavy selling pressure as daily trading volumes tanked 52% to $148 million.
Pi Network is currently forming a classic falling wedge pattern, testing the lower boundary near $0.687. A confirmed breakout with volume above the $0.71–$0.72 range could signal a bullish move, potentially pushing the price toward $0.75–$0.78, where key resistance levels lie.
Some market analysts still have the hope that PI cryptocurrency could reverse the trajectory to hitting highs of $3 and above.
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.
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.
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.
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.
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.
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.
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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