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Starknet (STRK) See RED Whilst Ethereum Investors See Green Profits With New ETH Casino Coin Mpeppe

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2 days ago

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Despite the current bearish sentiment surrounding Starknet (STRK), Ethereum investors are finding reasons to celebrate. While Starknet (STRK) has experienced a recent decline in price, Ethereum investors are turning their attention to Mpeppe (MPEPE), a new casino coin that is making waves in the decentralized gambling sector. As experts predict a potential 150x return for Mpeppe (MPEPE), it has quickly become a favorite among Ethereum heavy hitters.

Starknet (STRK)’s Struggles: A Temporary Setback?

Starknet (STRK) has been on a rocky road lately, with its price falling 7.6% over the past week, making it one of the worst-performing assets in the market. The decline comes despite Starknet (STRK)’s significant technological upgrades and a newly approved staking plan set to roll out in Q4 2024. Token holders recently voted on a staking mechanism through Snapshot X, allowing users holding 20,000 STRK or more to participate in staking. The new staking system aims to enhance network security while incentivizing long-term engagement.

Starknet (STRK)’s development team has also implemented parallel execution and block packing, which promise to improve transaction speeds and network efficiency. However, these updates have yet to reflect positively on the price of STRK, and the broader market sentiment remains bearish for now.

Although Starknet (STRK)’s future appears bright from a technological standpoint, the current downturn has some investors worried. For others, though, this dip represents a unique opportunity to accumulate STRK tokens at a discount. Ethereum whales are keeping a close eye on Starknet (STRK), waiting for the right moment to capitalize on its long-term potential.

Mpeppe’s GambleFi Sector

While Starknet (STRK) struggles, Mpeppe (MPEPE) is thriving. This casino coin, priced at $0.0021, has captured the attention of Ethereum investors looking for quick gains in the decentralized gambling space. With GambleFi gaining traction as a viable alternative to traditional online gambling platforms, Mpeppe (MPEPE) is well-positioned to become a leader in the sector.

Mpeppe (MPEPE)’s appeal lies in its transparent, decentralized approach to gambling. Unlike centralized casinos, where players often have to trust that the house isn’t rigging the game, Mpeppe (MPEPE) uses smart contracts to ensure fairness in every bet. The platform’s low transaction fees and decentralized nature make it an attractive option for both casual players and high-stakes gamblers.

But Mpeppe (MPEPE) isn’t just a gambling token. It also offers staking opportunities for those who want to earn passive income. Holders of MPEPE tokens can stake their assets to receive rewards and participate in the governance of the platform. With predictions of 150x returns, Mpeppe (MPEPE) is rapidly becoming one of the most talked-about tokens in the GambleFi space.

Ethereum investors are flocking to Mpeppe (MPEPE), drawn by its low entry price and the potential for massive gains. As more players enter the decentralized gambling market, Mpeppe (MPEPE) is expected to see significant growth, making it a prime target for those looking to diversify their portfolios.

The Diverging Paths of Starknet (STRK) and Mpeppe

While Starknet (STRK) and Mpeppe (MPEPE) operate in different sectors of the blockchain world, they share one common trait: the potential for explosive growth. Starknet (STRK) is focused on infrastructure, providing much-needed scalability solutions for Ethereum’s Layer 2. Meanwhile, Mpeppe (MPEPE) is disrupting the online gambling industry with its decentralized platform and transparent approach to betting.

For Ethereum investors, the choice between the two tokens depends on their investment goals. Starknet (STRK) offers a long-term play with its staking mechanism and technological upgrades. As Ethereum continues to grow, Starknet (STRK)’s role in the ecosystem will become even more critical, potentially leading to substantial price appreciation in the future.

On the other hand, Mpeppe (MPEPE) is a more speculative investment with the promise of quick returns. The decentralized gambling market is still in its early stages, but as it grows, Mpeppe (MPEPE) could see its value skyrocket. For those looking to make a short-term profit, Mpeppe (MPEPE) represents a unique opportunity to get in on the ground floor of a burgeoning sector.

Conclusion

In the ever-evolving world of cryptocurrency, opportunities arise from all corners of the market. Starknet (STRK) and Mpeppe (MPEPE) offer two distinct paths to potential gains. Starknet (STRK), with its infrastructure improvements and staking mechanism, is a solid long-term investment for those who believe in Ethereum’s scalability. Meanwhile, Mpeppe (MPEPE) presents an exciting chance to profit from the growing decentralized gambling market.

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

 



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Solana Coins MEW & FIDA Prices Surge Over 25% On Major Listings

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1 hour ago

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September 19, 2024

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FIDA and MEW, cryptocurrencies based on the Solana blockchain, saw noteworthy positive sentiment on Thursday as they secured vital listings. Solana Name Service (FIDA) secured a listing on Binance, whereas cat in a dogs world (MEW) scored a listing on Upbit. These listings have garnered significant attention globally as the tokens’ prices skyrocketed 25%-30% in tandem with the announcement.

Solana Tokens FIDA & MEW Secure Vital Listings On Binance & Upbit

According to official announcements by the mentioned exchanges on September 19, both the tokens are set to witness particular listings today. As per Binance’s official announcement, the crypto exchange is set to launch FIDAUSDT USD-Margined perpetual contract today at 12:30 UTC. Simultaneously, Upbit’s announcement revealed that it listed MEW with BTC and USDT pairs on the same day.

Intriguingly, Binance revealed that it listed FIDA with up to 75x leverage for users on the platform. Further, the crypto exchange set the capped funding rate at +2.00% / -2.00%.

Simultaneously, Upbit Korea listed cat in a dogs world within BTC and USDT markets. The Asian crypto exchange revealed that it will also add transaction support starting today.

The Solana coins listings have primarily sparked market optimism over future movements, paving the way for new money inflow into the tokens.

Tokens’ Prices Rocket Over 25%

Simultaneously, FIDA price gained nearly 45% against the backdrop of Binance’s listing announcement. The coin rested at $0.3243 today with an intraday low and high of $0.2204 and $0.3297, respectively.

Similarly, MEW price pumped nearly 26% to reach $0.00533 riding the back of Upbit listing. The coin’s 24-hour low and high were $0.00407 and $0.005728, respectively.

Meanwhile, the rising price action primarily aligns with today’s listing announcements, as seen with numerous tokens previously. CoinGape Media reported Kadena (KDA) price surged nearly 30% with its futures listing on Binance.

Also, another report reveals that PEPE and BRETT prices pumped notably on their listings on Upbit. Altogether, the exchanges’ listings rationalize today’s massive price gains.

Simultaneously, Coinglass data illustrated an 82% surge in MEW’s futures OI to $76.31 million. Additionally, the coin’s derivatives volume skyrocketed 531% to $735.63 million today. This surge has projected further optimism for the Solana-based token. Also, it’s worth noting that Solana (SOL) price upsurged 8% to trade at $140 today.

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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.





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Ripple Partner SBI Confirms Participation in BIS Project Agora

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2 hours ago

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September 19, 2024

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XRP News: Ripple-partner SBI Holdings has confirmed participation in Project Agora, a joint initiative led by the Bank for International Settlements (BIS) and seven central banks. XRP community reacted to the development due to speculation of potential integration or alignment for the cross-border payments over a unified ledger initiative.

Ripple Partner SBI Reveals Participation in BIS-Led Project Agora

In a press release on September 19, SBI Holdings revealed participation by the bank in Project Agora. Ripple’s partner participation the initiative brings XRP in the spotlight as the bank is a key partner for XRP and XRP Ledger adoption.

Project Agora is an initiative jointly led by the Bank for International Settlements (BIS) and central banks to improve the functionality of cross-border transactions through tokenization. The central banks are Banque de France, the Bank of Japan, the Bank of Korea, the Bank of Mexico, the Swiss National Bank, the Bank of England, and the Federal Reserve Bank of New York.

“Through this project, we hope to improve the functionality of the financial system while maintaining the two-tiered structure of central bank money and private bank deposits, and provide new solutions that utilize smart contracts and programmability, thereby providing highly convenient services in cross-border transactions.”

The BIS/SWIFT-led initiative uses digital tokens representing assets, on a unified ledger, with smart contracts. The Institute of International Finance has convened 41 private sector institutions such as JPMorgan, Standard Chartered, Sygnum Bank, Visa, Mastercard, Citi, and HSBC.

XRP News: Token and XRPL In the Spotlight

While the initiative to revolutionize cross-border payments through tokenization doesn’t specifically mention XRP and XRP Ledger, the community believes Ripple’s technology aligns with Agora Project.

Ripple has focused on exploring the possibilities of tokenization on the XRP Ledger. In June, the company partnered with Archax to bring tokenized real-world assets (RWA) onto the XRP Ledger.

Moreover, the unified ledger concept resonates with Ripple’s Interledger Protocol (ILP), which connects banks and blockchains. This suggests a potential role for Ripple’s technology in the framework, if not XRP directly.

XRP community claims Ripple and BIS and several central banks have collaborated earlier for developments including central bank digital currencies (CBDC). Currently, Ripple CEO Brad Garlinghouse said that the company is seeking adoption in traditional finance.

XRP price jumped 2% in the past 24 hours, with the price currently trading at $0.58. The 24-hour low and high are $0.563 and $0.589, respectively. Furthermore, the trading volume has increased by 25% in the last 24 hours, indicating a rise in interest among traders.

Notably, Ripple is also a leader in remittance. If it captures 50% of the global remittance market, which is projected to reach $11.53 trillion in 2024 and $16.59 trillion by 2028, XRP price could even hit $5.

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Varinder Singh

Varinder has 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative future technologies. He is currently covering all the latest updates and developments in the crypto industry.

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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Market Strategist Say GoodEgg Is Positioned To Outpace Shiba Inu in 2024

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3 hours ago

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September 19, 2024

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The journey of meme coins has been nothing short of spectacular in the cryptocurrency world, with Shiba Inu (SHIB) leading the charge as one of the most recognized tokens after Dogecoin (DOGE). However, the market is shifting, and 2024 could be a transformative year for new contenders like GoodEgg (GEGG). With its unique AI-based dating platform and a clear roadmap for utility, many market strategists believe GoodEgg is set to outpace Shiba Inu in the coming year.

GoodEgg (GEGG): The Coin Merging Crypto and Online Dating

While Shiba Inu (SHIB) battles its supply issues, GoodEgg (GEGG) is positioning itself as a utility-driven project with immediate real-world applications. GoodEgg’s platform isn’t just another meme coin it’s a project with a clear use case: an AI-powered dating platform. This unique value proposition is attracting both retail and institutional investors who see the potential for massive user adoption.

GoodEgg (GEGG) is currently in the presale stage, having already raised over $495,000, with its token priced at $0.00021. The project’s focus on solving real-world problems, like enhancing user experience in online dating through AI, gives it a strong foundation to grow. By integrating blockchain technology into an everyday service like dating, GoodEgg offers more than just speculative value—it provides utility. Users on the platform can match with others securely and efficiently, using the power of AI to create meaningful connections.

What’s most exciting about GoodEgg (GEGG) is its scalability. As the dating industry continues to grow, with millions of users worldwide, the demand for a more secure and intelligent dating solution is apparent. GoodEgg’s use of AI to match individuals based on compatibility, while ensuring user data privacy through blockchain, offers a much-needed solution in the current market. With such a clear value proposition, market analysts are confident that GoodEgg has the potential to skyrocket in 2024.

Shiba Inu’s Struggles: Token Burn and Supply Issues

One of the major challenges for Shiba Inu (SHIB) has been its massive token supply. Currently, there are 589 trillion SHIB tokens in circulation, a figure that has long been debated in the crypto community. Critics argue that such a large supply hinders SHIB’s ability to compete with other major cryptocurrencies, especially in terms of price growth. The law of supply and demand suggests that such a high supply naturally leads to lower prices unless demand increases exponentially.

To combat this issue, Shiba Inu (SHIB) introduced a token burn mechanism, whereby a portion of SHIB tokens is destroyed with each transaction on its network. This process is designed to slowly reduce the circulating supply and increase scarcity, theoretically boosting SHIB’s value over time. However, as noted by the Shiba Inu team and market observers, this process is slow and requires mass adoption to make a significant impact. Lucie, the marketing lead for Shiba Inu (SHIB), has emphasized the need for millions of users to engage with the SHIBARIUM ecosystem to make the burn effective at scale.

Despite this mechanism, Shiba Inu (SHIB) is currently trading at $0.00001326, and the token’s price has remained largely stagnant in recent months. The SHIB community remains hopeful that their project’s token burn and the increased utility of SHIBARIUM will help drive up the token’s value, but the path forward is long and uncertain.

Bringing Real Utility to a Digital World

For investors, the question becomes: which of these two projects offers the better return on investment in 2024? Shiba Inu (SHIB) has a loyal community and a massive circulating supply, but its growth potential is limited by the slow burn process. While SHIB’s price could rise over time, it relies heavily on massive adoption of its ecosystem, which could take years to materialize fully.

GoodEgg, on the other hand, presents a more immediate opportunity. With its presale already generating significant interest and a unique AI-driven platform that taps into a booming industry, GoodEgg (GEGG)has the potential to see exponential growth in a shorter timeframe. Its utility is clear, and the demand for AI-powered services is increasing daily.

Moreover, GoodEgg’s focus on a real-world problem dating gives it an edge over Shiba Inu, which still struggles with being seen as a speculative meme coin. GoodEgg’s (GEGG) roadmap and scalability, combined with its innovative use of AI and blockchain, make it a much more attractive investment for both short-term and long-term investors. While Shiba Inu (SHIB) has its loyal followers and continues to develop new features like token burns, the immediate utility and growth potential of GoodEgg (GEGG) make it a standout in the crowded crypto space.

GoodEgg (GEGG): A New Wave 

GoodEgg (GEGG) is not only riding the wave of meme coin popularity but also differentiating itself with a solid foundation in AI technology and practical real-world application. As market sentiment continues to shift towards projects offering tangible utility, GoodEgg’s AI dating platform is well-positioned to capture a growing user base and, by extension, increase token demand.

In conclusion, while Shiba Inu (SHIB)’s future hinges on long-term adoption and the success of its token burn strategy, GoodEgg’s (GEGG) immediate utility and clear value proposition offer a more compelling investment for 2024. With its presale already a success and more stages to come, market strategists are confident that GoodEgg (GEGG) is the project to watch, potentially outpacing Shiba Inu and other meme coins in the coming year.

Join GoodEgg (GEGG) For More Information On Presale, Use links below to join our community: 

Visit GoodEgg (GEGG)

Telegram: https://t.me/GEGG_OFFICIAL

X/Twitter: https://x.com/GoodEggToken

 



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