Connect with us

Altcoin

Quant Bulls Tap Into Mpeppe as Experts Predict It Will Provide DOGE-Like Profits

Published

on


Quant (QNT) has been a shining star in the cryptocurrency market recently, posting a remarkable 28% gain in just seven days. As the price of Quant (QNT) climbs to new heights, savvy investors are beginning to look for new opportunities with even greater profit potential. Enter Mpeppe (MPEPE), a meme coin that has been gaining significant traction in the market, with experts forecasting Dogecoin-like returns. With over 82% of Mpeppe (MPEPE)’s stage 4 presale tokens already sold, the question on everyone’s mind is: Could Mpeppe (MPEPE) be the next big breakout?

Quant (QNT) Riding High: A Look at the Surge

Quant (QNT) has had a stellar run lately, reaching a three-month high of $75 on September 14th. On-chain data suggests that investors are holding onto their tokens, with fewer Quant (QNT) tokens being sent to exchanges. This indicates that traders are bullish on the token’s future, especially after the recent introduction of staking features in the Overledger network.

These staking features incentivize holders to lock up their Quant (QNT) tokens for rewards, reducing the supply available on the market and driving up demand. As Quant (QNT) continues to rise, investors are now looking to diversify their portfolios with other promising tokens, and Mpeppe (MPEPE) has quickly emerged as a top contender.

Mpeppe (MPEPE): Viral Meme Nature

Mpeppe (MPEPE) is not your typical meme coin. While it capitalizes on the viral nature of meme culture, Mpeppe (MPEPE) also offers real-world utility through its decentralized finance (DeFi) features and casino gaming platform. This unique combination makes it more than just a joke coin; it’s a token with substance and potential for long-term growth.

Currently in Stage 4 of its presale, Mpeppe (MPEPE) is priced at $0.0021 USDT, with over 82% of its tokens already sold. The presale has been met with overwhelming demand, and once it concludes, the price is set to rise to $0.00235 USDT. With a growing community of supporters and a solid use case, Mpeppe (MPEPE) is well-positioned for significant gains once it hits the open market

Why Quant (QNT) Holders Are Turning to Mpeppe (MPEPE)

Quant (QNT) investors are typically more focused on long-term gains, but many are now diversifying their portfolios with Mpeppe (MPEPE) for the chance to secure massive short-term profits. The ongoing rally in Quant (QNT) has created a positive sentiment in the crypto market, and investors are looking to capitalize on the next big opportunity.

Mpeppe (MPEPE) offers exactly that. With its presale nearing completion and the price expected to rise soon, early investors stand to make significant gains. Experts have even compared Mpeppe (MPEPE) to Dogecoin and Shiba Inu, both of which delivered massive returns to their early backers. This has made Mpeppe (MPEPE) an attractive option for Quant (QNT) holders looking for high-reward investments.

What’s Next for Quant (QNT) and Mpeppe (MPEPE)?

Quant (QNT) is likely to continue its upward trajectory, especially with the new staking features driving demand. However, for those looking for faster returns, Mpeppe (MPEPE) presents a unique opportunity. With over 82% of its stage 4 tokens already sold and a rapidly growing community, Mpeppe (MPEPE) is poised to explode in value once it hits the open market.

For Quant (QNT) holders, Mpeppe (MPEPE) offers the potential for quick, significant gains that complement their more conservative long-term holdings in Quant (QNT). As the crypto market evolves, both tokens offer different yet compelling opportunities for growth, making them a powerful combination for investors.

The Perfect Time to Get Into Mpeppe (MPEPE)

The timing couldn’t be better for investors to get in on Mpeppe (MPEPE). With the presale nearing completion and the price expected to rise soon, those who invest now stand to benefit the most. Quant (QNT) holders who are looking to diversify and capitalize on high-growth opportunities should seriously consider adding Mpeppe (MPEPE) to their portfolios.

Mpeppe (MPEPE) is not just another meme coin; it’s a token with real-world utility and the backing of a growing community. As more investors, especially those from Quant (QNT), join the presale, the potential for massive returns continues to increase.

Conclusion

As Quant (QNT) continues its impressive rally, many of its holders are turning to Mpeppe (MPEPE) for the next big opportunity. With its unique combination of meme coin appeal and real-world utility, Mpeppe (MPEPE) offers the potential for massive short-term gains. With over 82% of its stage 4 presale tokens already sold and the price set to rise soon, now is the perfect time for investors to get in on Mpeppe (MPEPE) and secure their share of the profits.

For more information on the Mpeppe (MPEPPE) Presale: 

Visit Mpeppe (MPEPPE)

Join and become a community member: 

https://t.me/mpeppecoin

https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ

 



Source link

Altcoin

Solana Reveals Major Update For Developers, SOL To Hit $300?

Published

on

By


Solana has revealed a major update for the developers, cutting costs by 1000X for them. In a recent update, the leading crypto player announced that the ZK Compression is live on its mainnet now. These latest developments have once again fueled discussions over SOL price’s potential rally to $300 going forward.

Solana ZK Compression Update Live On Mainnet

The latest upgrade on Solana, ZK Compression, aims for robust cost savings for developers. According to the official update, it focuses on cutting costs by up to 1000 times, sparking market interest. Notably, this technology leverages zero-knowledge (ZK) proofs to compress data, which aids in reducing the costs of on-chain transactions and storage.

Solana X UpdateSolana X Update
Source: Solana, X

This announcement by the platform on X highlights the scalability benefits that this update brings to its mainnet. In other words, this cutting-edge technology offers a solution to the ongoing challenges related to state growth, which in turn makes the network more efficient and scalable. In addition, the ZK Compression has also other benefits apart from the cost-cutting feature. It lays the groundwork for future ZK compute applications on the SOL network.

Meanwhile, the announcement showed that the update has been audited by Neodyme and OtterSec. This also reflects the focus of the network towards the security and scalability of the platform. Besides, a perpetual bug bounty has also been established with Immunefi to ensure ongoing security.

SOL Price To Hit $300?

The crypto market has been highly volatile lately, amid anticipations over a potential Fed rate cut. However, at the conclusion of the latest FOMC, the US Fed announced a 50 Bps interest rate cut, fueling the market sentiment. Notably, this development has also sparked a rally in the broader financial sector, including the crypto market.

However, the rally appeared to have been short-lived, with Fed Chair Jerome Powell speech weighing on the market sentiment. In his latest conference, Powell hints at potential uncertainties that have dampened the market sentiment, raising discussions if the central bank will move with a dovish plan ahead.

Despite that, the recent development on the Solana network appears to have boosted the market sentiment. SOL price was up over 1.5% over the last hour and exchanged hands at $130.88 while touching a 24-hour high of $132.63.

In addition, a recent Solana price analysis hints at a potential rally of the crypto to $300, with a flurry of anticipated positive developments. The updates are likely to boost the market sentiment, potentially bumping up the price of the crypto.

✓ Share:

Rupam Roy

Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam’s expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news.
Rupam’s career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.

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

Kadena (KDA) Price Shoots Up 30% On This Binance Announcement

Published

on

By


In a riveting turn of events, Kadena (KDA) price rocketed nearly 30% on Wednesday amid an important update from crypto exchange giant Binance. The crypto exchange colossus revealed that it is commencing futures trading for the token. This announcement has in turn sparked noteworthy investor optimism on the coin’s future price movements.

Binance Unveils Kadena Futures Listing

In an official Binance announcement dated September 18, the CEX revealed that it is listing the KDAUSDT USD-Margined perpetual contract today at 13:00 UTC. This mover comes primarily to “expand the list of trading choices offered on the exchange and enhance users’ trading experience,” the announcement added.

The underlying asset remains Kadena, a proof-of-work blockchain that eyes offering a scalable version of Bitcoin. Users can enjoy trading with up to 75x leverage on the crypto. The tick size for the asset remains 0.0001. Further, the capped funding rate was set at +2.00% / -2.00% by the exchange.

Nevertheless, Binance clarified in its announcement that it could adjust the specifications of the listing contract ahead based on market risk conditions. The potential changes could include adjustments in the funding fee, tick size, maximum leverage, initial margin, and maintenance margin requirements.

Overall, the announcement has reverberated optimism for Kadena across the broader market, as one of the top crypto exchanges lists it.

Token Price Soars 30%

At press time, KDA price noted gains worth 29.59% in the past 24 hours and is currently trading at $0.6527. The coin’s intraday low and high were recorded as $0.5018 and $0.6757, respectively.

KDA’s 24-hour trading volume surged a whopping 758.74% over the past day to $$18,415,678. Meanwhile, the coin’s market cap rocketed 28% to $186,287,375 as of reporting. Traders appear to have reacted positively to the Binance futures listing announcement, as illustrated by the abovementioned data.

Simultaneously, Coinglass data illustrated a whopping 125% surge in the token’s futures OI. Further, the derivatives volume accompanied, soaring 2348%. Coupled with the price upswing, the coin’s stats reflect an uptrend today.

As seen previously, the CEX’s futures contract listings appear to have a positive impact on a token’s price. UXLINK price extended weekly gains to 110% with its futures listing on the exchange.

Simultaneously, AERGO futures listing sparked a briefly sustained upward movement in the coin’s price. This phenomenon aligns with Kadena’s price upswing witnessed today.

✓ Share:

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.





Source link

Continue Reading

Altcoin

Clear US Crypto Rules Will Boost Ripple’s Market Lead, Stuart Alderoty Claims

Published

on

By


During the Financial Markets Quality Conference 2024, Ripple’s Chief Legal Officer, Stuart Alderoty, discussed the ongoing challenges faced by the crypto industry due to unclear regulatory frameworks in the United States.

Alderoty, speaking alongside representatives from Robinhood, Grayscale, and other crypto enterprises, emphasized the need for “policy clarity” in the U.S. He described the current state of crypto regulations as a “regulatory cloud” that hinders the growth and acceptance of crypto solutions.

Ripple CLO Sees Regulatory Clarity as Key to Market Domination

Stuart Alderoty, Ripple’s Chief Legal Officer, articulated a strong position on the necessity of definitive U.S. SEC crypto regulations during the conference. He believes that the removal of the existing “regulatory cloud” could elevate the firm’s status in the U.S. market, making it the most trusted enterprise-grade provider of crypto solutions. 

Additionally, Alderoty’s statement reflects a broader sentiment within the crypto sector that clear laws could catalyze growth and innovation by providing a stable environment for companies.

Further adding to the discussion, Alderoty highlighted the company’s readiness to adapt and comply with future regulatory demands. This readiness, paired with Ripple’s ongoing legal victories over the SEC, positions the company favorably in navigating the complex U.S. regulatory landscape.

Legal Milestones and Future Prospects

Over the past year, Ripple has secured significant legal victories that have reinforced its position in the industry. Notably, a ruling by Federal Judge Analisa Torres acknowledged that XRP sales on secondary markets do not qualify as security sales, a decision that subtly endorsed the legality of the firm’s operations.

Despite the Securities and Exchange Commission request for the XRP company to pay $2 billion in fines, the final settlement amounted to only $125 million. This outcome highlighted the challenges within the regulatory processes that govern the crypto space. 

In addition, recently the US SEC amended Binance lawsuit regarding “crypto asset securities” stating that it was regretting any confusion caused. These developments are crucial for Ripple as it continues to advocate for fair and clear regulatory policies that could ultimately enhance its market position.

Ripple’s Strategic Moves in the Stablecoin Market

Amidst regulatory battles and market fluctuations, the XRP company has also ventured into the stablecoin arena with the launch of RLUSD. This stablecoin aims to offer a less volatile option for crypto transactions by maintaining a steady peg to the U.S. dollar. 

Fully backed by cash or its equivalents, RLUSD stands as a testament to the company’s commitment to compliance in the evolving crypto market.

The deployment of RLUSD and collaborations with players like Mastercard and PayPal underscore Ripple’s approach to shape the future of digital finance. By leveraging stablecoin, the firm aims to enhance the efficiency of international transfers, which accounted for almost $7 trillion in 2022.

At the time of writing, XRP price is $0.5679, marking a 7.68% increase over the past week, with a market capitalization of approximately $32 billion.

✓ Share:

Ronny Mugendi

Ronny Mugendi is a seasoned crypto journalist with four years of professional experience, having contributed significantly to various media outlets on cryptocurrency trends and technologies. His work includes notable contributions to Cryptopolitan and Coingape News Media, where he shares his insights on the latest developments in the cryptocurrency market. Outside of his journalism career, Ronny enjoys the thrill of bike riding, exploring new trails and landscapes.

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

Trending

Copyright © 2024 coin2049.io