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The Pepe & Mpepe Phenomenon: Why Ethereum Investors Are All In On This 1000x Token

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In the ever-evolving landscape of cryptocurrency, meme coins continue to captivate the market with their unpredictable yet exciting potential. Recently, two meme tokens, Pepecoin (PEPE) and Mpeppe (MPEPE), have been making headlines, attracting significant attention from Ethereum (ETH) investors. As the market braces for the next big wave, these two tokens are emerging as top contenders, offering the possibility of extraordinary returns.

The Resurgence of Pepecoin (PEPE): A Market Favorite

Pepecoin (PEPE) has been a major player in the meme coin market, demonstrating remarkable resilience amid the broader crypto market’s volatility. Despite experiencing wild fluctuations in recent weeks, Pepecoin (PEPE) is showing signs of a bullish comeback. On-chain data reveals that $2.33 million worth of Pepecoin (PEPE) was liquidated recently, with short-sellers losing over $1 million due to the token’s typically volatile price action.

However, the tide seems to be turning for Pepecoin. Over the past seven days, Pepecoin (PEPE) has recorded a 10.5% gain, reflecting renewed investor interest. Analysts suggest that this could be just the beginning, as Pepecoin (PEPE) is currently challenging a critical resistance level around $0.00000830. If this level is breached, the token could potentially surge toward $0.00000980, offering an 18% upside. This momentum is further fueled by the anticipation of a broader meme coin rally, which could drive Pepecoin (PEPE) towards its yearly high of $0.0000172.

Solana’s (SOL) Breakpoint Conference: A Catalyst for Growth

Solana (SOL), another major cryptocurrency, is also on investors’ radars as it prepares for its highly anticipated Breakpoint developer conference on September 20th and 21st. This event is expected to introduce several key innovations, including a preview of the much-awaited Firedancer upgrade.

Solana has recently broken out of its narrow trading range, climbing toward $162. This marks a 9% increase on the weekly chart, signaling that SOL might be gearing up for a significant rally. The upcoming conference is likely to act as a bullish catalyst, drawing increased attention to Solana and potentially pushing its price higher. Near-term projections suggest that SOL could target $167.99, with a possibility of reaching $170 or even $200 by the end of the year.

For Ethereum (ETH) investors, the interest in SOL is not just about its current performance but also about its future potential. With the right market conditions, Solana could see exponential growth, making it a worthwhile addition to any investment portfolio.

Mpeppe (MPEPE): The New Contender in the Meme Coin Space

While Pepecoin (PEPE) and Solana (SOL) continue to show strong potential, a new meme coin, Mpeppe (MPEPE), is rapidly gaining traction. Mpeppe is being hailed as the next big thing in the meme coin arena, with the potential to deliver 1000x returns. This new token has already captured the attention of Ethereum (ETH) investors, who are keen to get in early on what could be the next major breakout.

Mpeppe (MPEPE) stands out not just for its low entry price of $0.00177 but also for its strong presale performance. Over 80% of Mpeppe’s tokens have already been sold, raising significant capital and indicating strong investor confidence. What makes Mpeppe particularly appealing is its robust community support and innovative approach, which combines elements of decentralized finance (DeFi) with the viral nature of meme coins.

Why Ethereum (ETH) Investors Are All In On Mpeppe (MPEPE)

The excitement surrounding Mpeppe (MPEPE) is driven by several factors. Firstly, the token’s low entry price and high potential for growth make it an attractive option for those looking to maximize their returns. Unlike more established tokens like Pepecoin (PEPE) and SOL, Mpeppe offers the chance to get in at the ground floor of a new project with massive upside potential.

Secondly, the token’s presale success suggests that Mpeppe has the backing of a strong and active community, which is crucial for the long-term success of any meme coin. The presale has already raised over $1.2 million, and with the next phase expected to see a price increase, now is the ideal time for investors to take action.

Lastly, Mpeppe’s innovative approach to combining DeFi with meme culture gives it a unique edge in the market. This combination could help the token gain widespread adoption and drive its value higher, much like how Pepecoin has managed to capture the market’s attention.

The Road Ahead: A 1000x Opportunity?

As the market continues to evolve, Ethereum (ETH) investors are increasingly looking for the next big opportunity. With Pepecoin (PEPE) showing signs of a strong rebound, Solana (SOL) gearing up for a major event, and Mpeppe (MPEPE) emerging as a promising new contender, the stage is set for potentially explosive growth.

For those willing to take on the risk, Mpeppe offers an unparalleled opportunity to get in early on what could be the next big meme coin phenomenon. With its low entry price, strong community support, and innovative approach, Mpeppe is quickly becoming a top choice for investors looking to achieve significant returns.

In conclusion, the combination of Pepecoin’s resilience, Solana’s potential, and Mpeppe’s explosive growth prospects make these three tokens a compelling investment trio. As Ethereum (ETH) investors continue to diversify their portfolios, Mpeppe is poised to become a major player in the meme coin market, offering the possibility of 1000x returns and beyond.

For more information on the Mpeppe (MPEPE) Presale: 

Visit Mpeppe (MPEPE)

Join and become a community member: 

https://t.me/mpeppecoin

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

 



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Can Bitcoin Erase US Debt By 2049? VanEck Research Weighs In

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VanEck has announced a bold prediction that Bitcoin will play a critical role in managing the United States’ rising national debt. The study, based on Senator Cynthia Lummis’ proposed Bitcoin Act, shows that a strategic Bitcoin reserve may partially balance the country’s debt by 2049. But how feasible is this concept?

The Potential Impact Of Strategic Bitcoin Reserves

The study examines a scenario in which the US government obtains up to 1 million BTC during a five-year period. If this strategy comes to fruition, VanEck believes that such a reserve may help balance almost $21 trillion in national debt by 2049. Based on forecasts of future debt growth, this equates to around 18% of the expected total debt at the time.

However, this positive forecast is heavily reliant on Bitcoin’s price trajectory. VanEck’s model forecasts that BTC will grow at a 25% compounded annual rate (CAGR). Starting with an estimated acquisition price of $100,000 per unit in 2025, the crypto would need to see sustained price increases over the next two decades.

Source: VanEck

Debt Growth Versus Bitcoin Appreciation

The study considers the expected 5% annual rate of increase in US debt trajectory. Any effort to balance the predicted $100 trillion national debt by 2049 will need assets with big appreciation potential.

Though highly volatile, Bitcoin presents both a challenge and an opportunity. A 25% CAGR is an ambitious aim considering past pricing volatility, regulatory uncertainties, and industry acceptance patterns. Should the slow down in the crypto’s expansion, the reserve might not meet expectations, therefore lessening its value in addressing national debt.

BTC is now trading at $96,456. Chart: TradingView

Bitcoin As A Government Asset

VanEck’s view is consistent with a broader discussion concerning the leading digital currency’s role in national economies. Countries such as El Salvador have already adopted the top coin into their financial plans, albeit on a far lesser scale. If the US took a similar strategy, it would be an unparalleled shift in monetary policy.

The practicality of building such a massive Bitcoin reserve raises concerns. Would the government buy the crypto asset gradually or in bulk? How would it safeguard and govern such an asset? These uncertainties complicate VanEck’s vision.

A High-Risk Gamble Or A Financial Breakthrough?

VanEck’s research presents an intriguing possibility, despite these obstacles. The potential of BTC as a long-term wealth reserve is still a topic of debate among economists and policymakers. It may be feasible to employ the digital asset to mitigate national debt if its value continues to increase.

For now, the feasibility of this strategy remains uncertain. The US government has yet to indicate any concrete plans to acquire the alpha crypto on a large scale. But with national debt rising and Bitcoin’s influence growing, discussions around this unconventional solution are far from over.

Featured image from Gemini Imagen, chart from TradingView



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Ethereum Community Split Over Onchain Rollback Amid Bybit Hack

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As Bybit picks up the pieces from its jarring security breach, the Ethereum (ETF) community has been buzzing with speculation over the network’s future. One side of the divide makes a case for a blockchain rollback designed to eliminate malicious transactions, while the purists argue that the move will “kill” Ethereum’s credibility.

Forging Ahead With a Rollback

BitMEX co-founder Arthur Hayes has declared support for a rollback for the top layer 1 network, pitching his tent on the premise of Ethereum’s hard fork in 2016. For Hayes, since the network has undergone a previous hardfork, a rollback to stifle the ability of North Korean hackers to use stolen assets should be an easy choice for validators.

Samson Mow, Jan3 CEO, endorsed the proposed rollback in conversations with Ethereum co-founder Vitalik Buterin. Mow’s theory proposes the $ETH ticker for the rolled-back chain and renaming the current chain $ETHNK, urging Coinbase and other exchanges to delist the token from their platforms.

While the debate rages on, hardliners in the Ethereum community may be swayed by claims that the stolen ETH by state-sponsored hackers will be used to fund North Korea’s nuclear weapon programs. The $1.5 billion pilfered from the Bybit hack surpasses previous security breaches in scale, dwarfing the top five biggest hacks of 2024 by a country mile.

A blockchain rollback is an event that reverses confirmed transactions on a network to a previous state. Traditionally, the concept involves chain deployment after security breaches, and it takes several forms, including forks and chain reorganizations.

Ethereum Community Against The Rollback

Amid the Bybit hack, blockchain proponents in the Ethereum community are adopting a hard stance against a rollback proposal, citing the grim potential of eroding Ethereum’s credibility in the grand scheme.

“A rollback can only happen if you split the chain. Ethereum’s reliability and neutrality would be at risk,” said pseudonymous crypto trader Borovik on X. “This should never happen, under no circumstances.”

Borovik’s argument has received support from Bitcoin proponent Jimmy Song, who notes that the Bybit incident is significantly different from 2016’s DAO hack. Song’s claim against a rollback hinges on the fact that the Bybit hack is a settled affair, while the DAO hack took a month to execute.

“I know people are expecting the Ethereum Foundation to roll back the chain, but I suspect it’s already too much of a mess to do it cleanly,” said Song

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Aliyu Pokima

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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Analyst Reveals Two XRP Price Levels To Watch, Is $250 On?

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XRP price has continued its bearish consolidation as Ripple community investors continue to weigh the impacts of the recent Bybit hack. Against some visible trends, XRP has maintained its price drawdown but has stayed above the $2.5 mark despite the massive selloff. In light of this crypto technical analysis platform, More Crypto Online, the coin remains neutral and indecisive. This outlook has introduced a major twist in the expectation that the coin could hit $250 in the near long term.

XRP Price Trading Within Very Tight Range

According to an update on X More Crypto Online, XRP remains rangebound, holding above the invalidation point at $2.47. At the time of writing, the coin was changing hands for $2.592, down by 0.63% in the past 24 hours. The coin has moved from a low of $2.512 to a high of $2.597 before settling at the current level.

Per the analytical platform, the bullish structure of XRP remains technically intact despite the latest offsets. However, the current outlook shows the coin has not made a major move to break above the resistance point at $2.8. This implies the coin will likely see the bearish scenario play out for a few more days.

The analysis outfit issued two primary price levels for traders to watch. This includes the $2.47 invalidation level and the $2.75 breakout zone. Breaching these two levels can imply a further dropdown or rally for the coin.

Is the $250 Price Target Still Feasible?

In an earlier XRP price analysis, CoinGape reported that market analyst XRP Captain predicted the coin may hit $250 between now and 2026. This forecast is hinged on the premise that Ripple whales were accumulating the coin rapidly.

While analysts are generally optimistic regarding Ripple, this is by far the most ambitious projection for the coin. As reported earlier, the influence of the coin’s supply was showcased as a major bane toward achieving this massive projection.

However, the environment remains promising, considering the pro-crypto outlook of the United States government.

Ripple Lawsuit Impact

Bringing the Ripple Labs versus United States Securities and Exchange Commission (SEC) lawsuit is key to the future of the XRP price. Earlier, Coinbase and the US SEC agreed to dismiss their lawsuit, which is pending the commission’s approval. The community is optimistic that the Ripple Labs lawsuit will be the next in line to be dismissed.

Beyond this, the impact of the potential XRP ETF approval on the coin’s price is also profound. Despite the effects of the Bybit hack and the current consolidation, the optimism for a massive breakout is high.

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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.

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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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