Altcoin
Starket: STRK Price Prediction 2024, 2025 & 2026. Starknet & Mpeppe Shake Up Bearish Market With Recent Gains
In the world of cryptocurrency, some altcoins continue to hold their ground despite broader market downturns. Starknet (STRK) is one such token that has shown resilience amid a bearish market, offering hope to investors. With recent gains and a promising outlook for 2024, 2025, and 2026, Starknet is positioning itself as a strong player in the blockchain ecosystem. At the same time, Mpeppe (MPEPE), another promising project, is shaking up the market with its innovative decentralized casino platform. Together, these projects offer new opportunities for investors looking for substantial returns during uncertain times.
Starknet’s Price Analysis and Outlook for 2024
As of September 8, Starknet (STRK) has been showing signs of a potential reversal, even as many other altcoins struggle. After enduring a bearish trend for several weeks, Starknet appears to have found support and is showing signs of strength. The current price hovers around $0.435, with minor resistance at $0.45. A surge above this level could signal a recovery and potentially mark the beginning of a new bullish trend.
Starknet (STRK) has been trading sideways for the past month, but its recent price actions suggest that the token may have found a bottom. A breakout above $0.45 could lead to a recovery, with key resistance levels to watch at $0.6, $0.76, $1, and $1.4. If Starknet can push through these resistance points, it could regain its bullish momentum and potentially see further price gains in the coming months.
However, it’s important to note that Starknet (STRK) still faces some challenges. If the price drops below its August low of $0.32, it could trigger another leg down, with potential support levels at $0.2 and $0.1. For now, the trend remains bearish, but the token’s recent 12% increase has given investors reason to be cautiously optimistic.
Starknet’s Performance in 2025 and 2026
Looking ahead to 2025 and 2026, Starknet (STRK) could see substantial growth if it continues to build on its current momentum. With its innovative layer 2 scaling solution for Ethereum, Starknet has the potential to attract more developers and users to its platform. This increased adoption could drive up the price of STRK, especially if the broader crypto market enters another bullish cycle.
In 2025, Starknet could break through the $1 resistance level, with the possibility of reaching $1.4 if market conditions are favorable. By 2026, Starknet may continue to rise, potentially hitting new all-time highs if it can maintain its technological edge and attract more institutional interest.
Mpeppe: A New Player in the Crypto Ecosystem
While Starknet (STRK) is making waves with its scalability solutions, Mpeppe (MPEPE) is also gaining attention for its innovative approach to online gambling. Mpeppe is not just another meme coin—it is a project with real-world utility, offering a decentralized casino platform that allows users to participate in provably fair gaming. Built on the Ethereum network, Mpeppe (MPEPE) leverages blockchain technology to ensure transparency and fairness in its casino operations.
With its profit-sharing model and the potential for staking rewards, Mpeppe (MPEPE) offers investors a unique opportunity to earn passive income. The platform’s focus on decentralized finance (DeFi) and online gambling is attracting a growing number of investors who see the potential for substantial returns.
As Mpeppe (MPEPE) continues its presale, it has already sold more than 67% of its tokens, signaling strong demand. Investors are eager to get in on the ground floor of this project, which promises to shake up the online gambling industry. With a focus on transparency, fairness, and profitability, Mpeppe (MPEPE) is positioning itself as a leader in the GambleFi sector.
The Future of Starknet and Mpeppe
Both Starknet (STRK) and Mpeppe (MPEPE) are poised for significant growth in the coming years. Starknet’s scalability solutions make it an attractive option for developers looking to build on Ethereum, while Mpeppe (MPEPE)’s decentralized casino platform offers a unique investment opportunity in the world of online gambling.
As the cryptocurrency market continues to evolve, projects like Starknet and Mpeppe (MPEPE) are likely to play an increasingly important role. Starknet’s potential for long-term growth, combined with Mpeppe (MPEPE)’s innovative approach to DeFi and online gaming, make these projects ones to watch in 2024, 2025, and beyond.
Conclusion
While the crypto market has faced challenges in recent months, projects like Starknet (STRK) and Mpeppe (MPEPE) are offering hope to investors. Starknet’s potential for a price reversal, combined with its scalability solutions for Ethereum, makes it a strong contender for future growth. Meanwhile, Mpeppe (MPEPE)’s decentralized casino platform offers a unique opportunity for investors to earn passive income through staking and profit-sharing.
As these projects continue to gain traction, they are shaking up the market and offering new opportunities for those looking to capitalize on the next wave of innovation in the crypto space. For investors looking for long-term potential, Starknet (STRK) and Mpeppe (MPEPE) are two projects worth keeping an eye on.
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Crypto analyst CasiTrades has provided a roadmap for the XRP price, revealing what could happen before the altcoin reaches a new all-time high (ATH). Based on her analysis, XRP could still witness a price decline before it potentially rallies past its current ATH of $3.4.
XRP Price Could Drop To $1.9 Before Rally To New Highs
In an X post, CasiTrades stated that in the event of a deeper flush, the XRP price could wick down to $1.90, suggesting that the altcoin could visit this low before it rallies to new highs. She believes XRP will ideally hold above this $1.90 and avoid dropping to new lows.
The crypto expert noted that the next move is critical. She claimed that if XRP gets that flush with bullish RSI divergence, it could mark the bottom before the altcoin rockets into Wave 3. However, CasiTrades warned that a break below $1.90 could force a reset of the entire new trend count.
Meanwhile, there is still the possibility that the XRP price might not drop to as low as $1.90. CasiTrades stated that $1.95 is the prime target, with subwaves heavily aligning there and a drop to $1.90 only likely to occur in the event of a deeper flush.
It is worth mentioning that US President Donald Trump recently announced reciprocal tariffs on all countries, a move which is set to ignite a global trade war and is bearish for XRP and the broader crypto market. As such, this development could be what sparks the deeper flush and send the altcoin to as low as $1.90.
A Drop To $1.4 Is Also The Cards
In an X post, crypto analyst Brandon asserted that the XRP price is about to have a massive breakout, to the downside. His accompanying chart showed that XRP could drop to as low as $1.4.
On the other hand, crypto analysts such as Ali Martinez have provided a bullish outlook for the XRP price. In an X post, he stated that XRP could be setting up for a rebound. The analyst further remarked that the altcoin is holding above $2 while the TD Sequential flashes a buy signal.
Crypto analyst Javon Marks also recently predicted that Ripple’s coin could surge 44x and reach as high as $99. He alluded to the 2017 bull run as the reason why he is confident that the altcoin could record such a parabolic rally.
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.
Shiba Inu price is on a strong bearish trend, with price indicators recording losses in all time frames. The highly popular meme token now threatens to add an additional zero to its value if the current bear run continues for much longer. Even with Shibarium, SHIB’s layer-2, reaching the milestone of 1 billion transactions recently, the token’s price has not responded positively to this milestone.
Falling Shiba Inu Price Affects Holder Profitability
According to current data, SHIB is down 4.6% in the past 24 hours, 14.7% over seven days and a substantial 54.9% over the past year.
The current context for the SHIB price appears tough for the majority of investors. Based on on-chain analytics, 62% of SHIB investors are at the moment in a loss, while merely 34% are in profit and 4% are breaking even as per IntoTheBlock data.
SHIB has fallen 85.9% from its all-time high of $0.00008616 on October 28, 2021, over three years ago. This extended period of decline has made many of the investors who bought during the bull run in 2021 underwater on their holdings.
The token reflects a high ownership concentration with 74% of SHIB owned by major holders. The concentration may be behind price volatility. This is due to the fact that the moves by the large holders tend to have disproportionate impacts on the market. Major volume trading in the last week has hit $184.02 million which indicates sustained activity even as the price goes down.
Shibarium Milestone Fails To Reverse Trend
Despite Shiba Inu’s layer-2 scaling solution, Shibarium recently achieved a major milestone of 1 billion transactions. However, this accomplishment has not translated into positive price action for SHIB. This disconnect between ecosystem development and token price shows the current market’s focus on overall trends rather than project-specific achievements.
Shibarium is a key component of the Shiba Inu ecosystem that focuses on reducing transaction fees, increasing processing speed, and enabling more advanced applications within the SHIB ecosystem.
The continued negative price action despite reaching such a substantial transaction milestone raises questions about what catalysts might eventually reverse SHIB’s downward trend.
Will Shiba Inu Token Burns Aid In Price Pump?
The Shiba Inu community has historically highlighted token burns as one possible method of driving scarcity and price support. Recent burn behavior has been spotty and inadequate to have any real effect on the enormous Shiba Inu token supply.
After a recent spike in burn rate of more than 12,000%, the last 24 hours have seen the burn rate decline by 60%. During this period, only 37.6 million SHIB tokens were removed from circulation as per Shibburn data.
Token burns continue to be a mainstay narrative among the SHIB community. However, the volume of burning has to rise in order to have an effect on the token’s supply that can be measured. The 17.88% hike in trading volume in the last 24 hours to $311.14 million gives some indications of market action. This potentially could be being driven by the larger holders stockpiling at lower prices.
Vignesh
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.
Over time, Ethereum, the second-largest crypto asset and largest altcoin, has often spearheaded an Altcoin Season due to its significant performance after the market shifts from a Bitcoin season to an altcoin season in each bull market cycle. In spite of this waning performance of the king of alts, an altcoin season is still likely to occur in the near term.
Is An Altcoin Season On The Horizon?
With the heightened volatility and BTC’s robust market dominance, the possibility of an Altcoin Season happening in this cycle is looking slim. However, an on-chain expert and the CEO of Alphractal Joao Wedson believes that this sustained Bitcoin’s dominance could be laying the groundwork for a huge altseason in the foreseeable future. Historically, altcoin seasons have followed periods of Bitcoin dominance.
Joao Wedson highlighted that Ethereum’s waning performance has strangled other alts in the ongoing market cycle, but an altcoin season “is just a matter of time.” With the alt market struggling to gain dominance and ETH facing headwinds, traders hope for a shift that might spur renewed gains across the altcoin sector.
In the X post, Wedson delved into altcoin market dominance with Ethereum, revealing an interesting trend. According to the expert, altcoin dominance is declining, while altcoin dominance excluding Ethereum and Stablecoins has remained sideways and in a neutral zone since late 2022.
This development implies that Bitcoin has drained most of Ethereum’s market capitalization. Presently, Bitcoin’s dominance has increased to 62%, and BTC and Stablecoin’s dominance has risen to nearly 71%. Meanwhile, Ethereum and all other alts dominate only 29% of the general market.
Bitcoin and Stablecoin‘s market dominance may seem like a threat to the upcoming altcoin season. However, the interesting part is that the higher the BTC and Stablecoin dominance rise, the more robust the next altcoin season will be, which Wedson claims is only a matter of time away.
BTC And Stablecoins Stealing The Spotlight
Daan Crypto Trades, a technical expert and trader, has also shared insights on the subject, highlighting that the altcoin market cap has declined sharply, leading to a drop in altcoins’ dominance. Although it was on track for a while, the steady growth of Bitcoin and Stablecoins has put the alt dominance under serious pressure within the crypto market.
Given the dilution amongst them, individual alts have performed horribly. Thus, for altcoins to regain dominance over Bitcoin, Stablecoins, and other major assets, the ETH/BTC pair needs to gather some momentum first.
Daan Crypto Trades claims Ethereum often plays a massive role in getting a wider altcoin performance. This is because many liquidity pools are denominated in ETH, and most coins are developed on it. Therefore, for altcoins to run, this wealth effect for ETH and majors is essential.
Until this is the case, the analyst urges investors not to get into the market. Even though alt rallies are usually brief, there is frequently a high timeframe retest. Once it is evident that the trend is changing, Daan Crypto Trades believes this is the ideal time to get involved in the action.
Featured image from Unsplash, chart from Tradingview.com
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