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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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A renowned crypto analyst caused a huge market stir by forecasting a highly bullish outlook for Dogecoin price this Thursday. Market expert Ali Martinez revealed that a roughly 250% rally for the dog-themed meme coin to the $0.5 level looms. However, this bull run is possible given that the meme token holds above key support at $0.16. DOGE price exchanged hands at $0.1662 as of press time, igniting optimism over a rally ahead.
Dogecoin Price Eyes Over 250% Gains; Top Analyst Highlights Conditions
Ali Martinez on April 3 revealed that the $0.16 price level presents itself as a ‘make-or-break’ point for Dogecoin price via a post on X. According to him, if the price holds this level, a potential rally to $0.57 awaits, which is up nearly 256% from the current level.
However, failing to hold this level could result in a drop to $0.06, per the analyst. As a result, the key support level remains much-eyed by market watchers as the meme coin currently trades near it.
As mentioned above, the price is trading at $0.1662 with an intraday loss of over 3%. It bottomed and peaked at $0.1624 and $0.1787 over the past day, preventing losing support of $0.16. In an upshot, market watchers eye the token optimistically, expecting a sustained movement and thereby, a rally.
What Are The Next Resistance Levels For Dogecoin Price?
In another X post shared previously, the same analyst highlighted vital resistance levels for the dog-themed meme coin. Notably, the price faces two key resistance barriers at $0.18 and $0.21.
A sustained breakthrough above these resistance levels paves the way for a +250% bull run for DOGE price. In the wake of these price dynamics, crypto traders and investors are now glued to the meme coin’s price chart and await a trajectory shift.
Derivatives Data Sparks Speculations
However, Coinglass data has sparked contrary investor speculations by showcasing a decline in futures OI. DOGE futures OI was down over 3% to $1.56 billion today. This stat underscored slightly reduced investor interest in the meme token despite bullish predictions. Besides, the derivatives volume witnessed a 40% jump to $5.24 billion, adding a layer of intrigue to the market sentiment.
Crypto market traders and investors expect short-term volatility amid the dynamic market stats, whilst long-term prospects remain bullish. Also, a Dogecoin price prediction by CoinGape revealed that the technical chart on the weekly time frame showcases a bullish engulfing pattern. This formation suggests a strong momentum favoring buyers. Overall, broader market sentiments orbiting the meme coin remain bullish.
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.
As Binance’s Vote to List initiative kicks off, the exchange has turned its back on Pi Network for the second time. Binance is proceeding with the decentralized listing program but Pi Network is noticeably absent from the raft of cryptocurrencies.
Pi Network Fails To Make Binance List
Pi Network enthusiasts are in limbo following the absence of the token in Binance’s Vote to List initiative. According to a press release, Binance has opened voting for its second Vote to List initiative.
This time, 12 tokens are up for community voting, with Binance proceeding to spot-list successful tokens. Apart from vote count, Binance says it will consider trading demand, a risk assessment, and a compliance check to decide on tokens that will make the listing.
The selected tokens include VIRTUAL, BIGTIME, UXLINK, MORPHO, GRASS, ATH, WAL, SAFE, ZETA, IP, ONDO, and PLUME. While the first focused on memecoin, the second iteration beams a searchlight on utility tokens cutting across several verticals.
Back in March, Binance excluded Pi Network from its first edition of the Vote to List initiative. Binance has clarified that only BNB-based projects will be allowed to participate in the Vote to List initiative, dousing optimism for Pi Network enthusiasts.
When Will Binance List The Asset?
Despite Pi missing out on the Vote to List program, there is still a ray of hope for community members. Binance can list Pi via a direct listing in the future but a timeline is unavailable.
Experts say a lack of transparency by The PiCoreTeam (PCT) is a reason why Binance has not listed Pi Network. Particularly, the exchange took swipes at the PCT for failing to give proper disclosures on the Pi Network’s locking and burning mechanism.
Pi Network secured a major listing on the BTCC Exchange, bringing the token closer to being listed on mainstream exchanges. While a listing hovers on the horizon for Pi, the PCT’s domain auction is gathering steam with over 200,000 bids.
Pi price has been largely underwhelming over the last day, losing nearly 5%. Pi trades at $0.6646 to drop below the $0.7 mark for the first time in over a month.
Aliyu Pokima
Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.
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.
Following a reserve crisis that hit TrueUSD and Justin Sun’s intervention, First Digital Trust denied claims of insolvency. The Trust, at the center of the fiasco, says it is fully solvent while accusing Sun of sensationalism.
First Digital Trust Refutes Allegations Of Insolvency
First Digital Trust has released a statement debunking allegations of financial impropriety and insolvency. According to the statement, First Digital Trust says it is completely solvent while accusing Justin Sun of falsehood.
The Trust has been at the center of a whirlpool of a liquidity crisis involving TrueUSD (TUSD) with Justin Sun stepping in to stabilize the stablecoin with a capital injection. The Tron founder launched a tirade against the Hong Kong-based trust, accusing it of financial mismanagement including unauthorized trade finance loans.
“The recent allegations by Justin Sun against First Digital Trust are completely false,” read the statement.
The Trust disclosed that its FDUSD stablecoin is solvent and backed by US Treasury Bills. Per the statement, the legal dispute surrounding TUSD has nothing to do with FDUSD, accusing Sun of a smear campaign. First Digital Trust says it has not had the opportunity to defend itself in court, accusing Sun of launching social media attacks.
“This is a typical Justin Sun smear campaign to try to attack a competitor to his business,” added First Digital Trust.
Justin Sun Maintains His Stance
Justin Sun remains firm in his resolve that First Digital Trust is insolvent while urging investors to cut ties with FDUSD. He warns that the Trust founder Vincent Chok will face the full wrath of the justice system.
“First Digital Trust (FDT) is in fact insolvent,” said Sun. “If you have any relationship with it, please cut off contact as soon as possible to protect your assets.”
Following his accusations, FDUSD lost its peg and traded at a low of $0.88, a steep drop before crawling to $0.98. The loss of $130 million from its market capital has rattled investors with critics taking swipes over its de-pegging.
The Tron founder has covered every blade of grass in recent days, buying $75M of the Trump memecoin. Last week, Justin Sun weighed in on TRX’s halving proposal, supporting a proposal to mirror Bitcoin’s pattern.
The stablecoin drama comes as the US is inching toward tighter stablecoin regulation with the GENIUS Act and STABLE Act.
Aliyu Pokima
Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.
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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