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PEPU & MPEPE: Two ICOs With Massive Community Support and Profits
The world of cryptocurrency is no stranger to the explosive growth of meme coins, where community-driven projects can skyrocket in value seemingly overnight. Two such projects, Pepe Unchained (PEPU) and Mpeppe (MPEPE), have recently garnered significant attention, not just for their meme-based appeal but also for their strong community backing and potential for substantial profits.
The Rise of Pepe Unchained: A Meme Coin Revolution
Pepe Unchained, or PEPU, has quickly become a standout in the meme coin sector. Since its launch, PEPU has raised over $9.6 million in its presale, a staggering 4,700% increase in capital in just two months. This incredible growth comes at a time when the broader crypto market has seen a decline, shedding off $265 billion in value. Yet, PEPU continues to defy the odds, proving its resilience and the strong belief investors have in its potential.
PEPU’s success is largely attributed to its innovative approach to solving the issues faced by its predecessor, Pepecoin (PEPE). While PEPE remains a popular meme coin, it has been hindered by the limitations of Ethereum’s Layer 1 blockchain, leading to high gas fees and slow transaction times. Pepe Unchained (PEPU) addresses these issues with its Layer 2 solution, designed to make transactions faster and more affordable, thereby enhancing the overall user experience.
Mpeppe: The Rising Star in the Meme Coin Arena
While PEPU has been making waves, another meme coin, Mpeppe (MPEPE), has also been gaining traction. Currently priced at $0.001777, Mpeppe (MPEPE) is quickly becoming a favorite among investors who are looking for the next big thing in the meme coin space. With its smart contract address at 0xd328a1C97e9b6b3Afd42eAf535bcB55A85cDcA7B, Mpeppe (MPEPE) is positioned as a strong contender in the market, offering investors a chance to get in early on a project with significant growth potential.
The appeal of Mpeppe (MPEPE) lies in its unique blend of community engagement and innovative features. As more investors flock to Mpeppe (MPEPE), the coin’s value is expected to rise, mirroring the success of other meme coins that have seen exponential growth in the past. The combination of a strong community, an active development team, and strategic marketing efforts makes Mpeppe (MPEPE) a compelling investment opportunity.
Community Support: The Backbone of PEPU and MPEPE
One of the key factors driving the success of both PEPU and Mpeppe (MPEPE) is the unwavering support from their respective communities. In the world of meme coins, community engagement is crucial. A dedicated community can propel a coin from obscurity to mainstream success in a matter of days. Both PEPU and Mpeppe (MPEPE) have fostered vibrant communities that are passionate about the projects and are actively involved in promoting and supporting their growth.
For PEPU, the community’s enthusiasm is evident in the rapid pace of its presale. As it approaches the $10 million mark, the momentum behind PEPU shows no signs of slowing down. Similarly, MPEPE’s community is growing steadily, with more investors recognizing the potential for significant returns. This strong community backing is not only a testament to the appeal of these projects but also a crucial element in their ongoing success.
The Profit Potential: Why Investors Are Flocking to PEPU and MPEPE
Investors are always on the lookout for opportunities that offer high returns, and both PEPU and Mpeppe (MPEPE) are poised to deliver. With PEPU forecasted to potentially reach $0.5572 by the end of 2024, a $1,000 investment at its current presale rate could turn into $60,567 in just a few months. These projections have fueled a surge in demand, with many investors eager to capitalize on the expected price increases.
Mpeppe (MPEPE), on the other hand, offers a unique opportunity to get in at a low price point with the potential for massive gains. As the coin continues to gain traction, early investors stand to benefit significantly as the project grows and attracts more attention.
Conclusion: A Bright Future for PEPU and MPEPE
The success of Pepe Unchained (PEPU) and Mpeppe (MPEPE) is a clear indication of the power of community support and the potential for substantial profits in the meme coin space. With innovative solutions, strong community backing, and promising forecasts, both PEPU and Mpeppe (MPEPE) are well-positioned to become major players in the cryptocurrency market. As these projects continue to grow, investors who get in early could see significant returns, making PEPU and MPEPE two of the most exciting ICOs to watch in 2024.
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Payments company Ripple has partnered with HashKey Capital to launch Asia’s first XRP tracker fund. The new fund will track the price of XRP cryptocurrency, as per statements from both firms.
Ripple Steps In As Anchor Investor
Crypto community figure Crypto Eri first highlighted the partnership, noting that the San Francisco payments firm will invest in the new HashKey XRP Tracker Fund.
The fund is a major step towards extending institutional access to XRP in Asian markets. As HashKey reports, this is the first of potentially several such investment products in the region following the price performance of XRP.
Big XRP News in Japan 🇯🇵. @Ripple to make initial investment in Asia’s first #XRP investment product.
Professional investors get exposure to XRP without directly holding the asset. Investors can purchase the fund with cash or in-kind, and the fund is structured to accommodate… pic.twitter.com/Phs3UrVrAQ
— 🌸Crypto Eri ~ Carpe Diem (@sentosumosaba) April 18, 2025
Image: Kraken Blog
How The Fund Works For Investors
Investors of the fund may have flexible involvement options. The investors may give their contributions through conventional fiat monies or pay in kind. The structure of the fund grants the subscribers liberty to purchase or redeem shares per month.
HashKey’s Liquid Fund partner Vivien Wong identified XRP’s increasing relevance in the crypto space. She indicated that XRP has interested global companies that utilize it for different things, including tokenization of assets and as a store of value.
Ripple Sees Growing Demand In Asia-Pacific
Fiona Murray, the Managing Director of Ripple for Asia-Pacific, underlined the heightened demand for digital asset products within regulated frameworks for professional investors across the region.
The firms are not only focusing on the tracker fund. According to reports, they intend to seek other opportunities as well, such as introducing a money market fund on the XRP Ledger (XRPL).
Broader Context Of XRP Investment Growth
HashKey Capital has become a leading player in the cryptocurrency industry. The firm already provides investment products linked to Bitcoin and Ethereum, with both the Bosera HashKey Bitcoin Spot ETF and the Bosera HashKey Ethereum Spot ETF listed on the Hong Kong Stock Exchange.
The new XRP tracker fund is HashKey’s third cryptocurrency-tracking investment product. The company says it will convert the XRP product into an exchange-traded fund within two years, subject to required regulatory approvals.
This follows increased institutional demand for XRP. In the US, over 11 institutions have submitted applications to the US Securities and Exchange Commission to list spot-based XRP ETFs.
Featured image from Medium, chart from TradingView
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The price of Cardano has managed to stay resilient as market volatility has continued to grow, riding on new signals for ADA bulls to drive growth. Cardano has remained on the horizon over the past few weeks as it locked in to retail its ranking as the 10th largest cryptocurrency.
With technical indicators showing a potential rebound, such as the golden cross metric, the question remains whether the ADA price can break out of its current consolidation.
ADA and Mission With Market Bulls
Cardano’s price was $0.6282 at the time of writing, up marginally by 0.64% in 24 hours. ADA bounced back from a low of $0.6197 to a high of $0.6340 to extend its ongoing consolidation.
Despite this close trading range, the asset’s price will likely benefit from the positive shift in Open Interest. This metric, as measured by CoinGlass data, has jumped by over 4% in the past 1 hour, a visible change in direction.
With this short-term shift, the total funds committed to ADA in the market are now pegged at 1 billion, worth over $629 million. Open Interest is a key metric that depicts the total value of contracts opened in the derivatives market. The bigger this figure in dollar terms, the more likely a trend shift is.
This current adoption boost has placed the ADA price in the spotlight. With speculation growing on whether the ADA price could hit $3 or higher levels, commitment in the derivatives market can reshape sentiment.
Cardano Price and Golden Cross Setup
Over the past 7 days, the price of the top altcoin, now capped below the $0.6677 resistance level. However, this will change if the current Golden Cross formation plays out.
Per the ADA/USDT daily chart, two major indicators are flashing unique signals that must be watched closely. The Awesome Oscillator is still reading negative, a sign that, though bears remain in control, the excessive selloff might be thinning out.
The Golden Cross, on the other hand, is on the verge of a breakout. The short-term or 9-day Moving Average is about to exceed the long-term or 21-day moving average. If this trend materializes, the Cardano price breakout will be confirmed.
With this signal, an ADA price analysis that teased $4 may be possible despite recent whale selloffs.
Cardano In the News
Amid the sustained dynamic trends in the crypto market today, ADA has remained in the spotlight over the past week.
As reported by CoinGape, the long-anticipated Cardano-Bitcoin staking is likely to become a reality soon. This is a major complement to the growing list of ADA ETF products now filed with the Securities and Exchange Commission (SEC).
If approved alongside other altcoin ETFs, it might usher in another era of institutional adoption for Cardano, setting the coin up for price breakout.
Godfrey Benjamin
Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.
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.
Crypto analyst Master Kenobi has provided a bullish outlook for the Dogecoin price, predicting that it could reach a new all-time high (ATH) in 55 days. He revealed what needs to happen for DOGE to achieve this milestone by June, based on his 55-day target.
How The Dogecoin Price Could Reach A New ATH By June
In an X post, Master Kenobi stated that the Dogecoin price will likely reach a new all-time high within approximately 50 to 55 days once it breaks above the trendline he highlighted on his accompanying chart.
The chart showed that the crucial price level DOGE needs to break above, based on this trendline, is $0.15488. The analyst then remarked that a conservative price target for the top meme coin would be $0.90 by June 5-10.
Master Kenobi had made this prediction while alluding to an earlier post in which he indicated that the Dogecoin bottom was almost near. In that post, he stated that the last time DOGE experienced a downturn, there was a 100-day period from the local bottom to the local top. He noted the meme coin is now halfway through a similar timeframe.
In line with this, the crypto analyst expects the Dogecoin price to reach a new all-time high (ATH) during this period, although he admitted that it is unclear whether it will break the psychological $1 level.
Crypto analyst Kevin Capital also suggested that a massive rebound was on the horizon for the DOGE price. In an X post, he stated that everything is going according to plan for Dogecoin. He urged market participants to stay patient, noting that every day that passes is another day closer.
DOGE Traders Remain Undecided At The Moment
In an X post, crypto analyst Trader Tardigrade indicated that DOGE traders are currently undecided on the meme coin’s next move. In an X post, he stated that the Dogecoin price structure has been converging into a triangle pattern, indicating market indecision.
He noted that during this period, buyers hesitate to buy high, while sellers are cautious about selling low, leading to conservative behavior on both sides. The analyst added that this pattern typically occurs between a downtrend and an uptrend.
This market indecision currently explains why DOGE investors continue to accumulate and dump their coins at will with no clear sign of active accumulation or a wave of sell-offs. As CoinGape reported, crypto whales recently dumped 570 million DOGE, as the Dogecoin price continues to trade sideways.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
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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