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TON Drops 18% As Toncoin (TON) Investors Enter New Mpeppe Casino Presale For Gains

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7 months ago

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Toncoin (TON) has recently seen a significant surge in price, increasing by 7% following a statement from Telegram CEO Pavel Durov. Durov’s public response to his recent arrest in France has triggered a renewed interest in Toncoin (TON), leading to positive on-chain metrics and growing bullish sentiment. However, despite this momentum, the altcoin market remains volatile, and some Toncoin (TON) investors are exploring new opportunities for high returns. One such opportunity is Mpeppe (MPEPPE), a casino-themed meme coin that has captured attention with its innovative approach and high growth potential.

Toncoin (TON)’s (TON) Surge: A Response to Pavel Durov’s Statement

Toncoin (TON)’s price surged to $5.13 after Durov’s comments about his arrest and the future of Telegram. Durov criticized the French authorities’ approach, explaining that holding CEOs accountable for third-party activities on their platforms could deter innovation. This statement resonated with the Toncoin (TON) community, and positive sentiment quickly spread across social media and trading platforms.

The price increase was supported by positive daily active address (DAA) divergence, indicating that the demand for Toncoin (TON) is robust enough to sustain this rally. In addition to this, Toncoin (TON)’s derivatives market saw a notable uptick, with trading volume rising by 8% to $630 million, and open interest growing by 8.17%. These metrics suggest that traders are confident in Toncoin (TON)’s continued upward trajectory.

Mpeppe (MPEPE): A New Casino Meme Coin Attracting Toncoin (TON) Investors

While Toncoin (TON) has been performing well, some investors are shifting their focus to new opportunities in the crypto space. Mpeppe (MPEPE), a new meme coin centered around online gambling, is gaining traction as its presale moves closer to completion. With a low entry price and the promise of high returns, Mpeppe (MPEPPE) has become a compelling option for Toncoin (TON) holders looking to diversify their portfolios.

Mpeppe (MPEPPE) offers a unique value proposition in the form of a decentralized casino platform, where users can participate in various games. The project’s focus on fairness, transparency, and user engagement has attracted a growing community of supporters, many of whom are looking to capitalize on the token’s potential for explosive growth. Some analysts predict that Mpeppe (MPEPPE) could experience gains of over 1,000% post-launch, making it one of the most anticipated meme coins of 2024.

Toncoin (TON) Price Prediction and Outlook

Despite the recent surge in Toncoin (TON)’s price, it still faces challenges as it trades below both its 50-day and 200-day Simple Moving Averages (SMAs). However, market indicators like the Relative Strength Index (RSI) and the Moving Average Convergence/Divergence (MACD) suggest that the bullish momentum is picking up. The RSI is rebounding from below the neutral zone, and the MACD line is poised for a bullish crossover, indicating that Toncoin (TON) could be on the verge of another upward move.

The Appeal of Mpeppe (MPEPE) for Toncoin (TON) Investors

As Toncoin (TON) continues its rally, many investors are also considering new opportunities like Mpeppe (MPEPPE). The meme coin’s focus on the online gambling market, combined with its presale momentum, makes it an attractive option for those looking to diversify their crypto holdings. With Mpeppe (MPEPPE)’s unique use case and potential for significant returns, it offers an exciting alternative for Toncoin (TON) holders who are seeking high-growth opportunities in a new sector.

Conclusion: Toncoin (TON) and Mpeppe (MPEPE) on the Rise

Toncoin (TON)’s recent surge has put it back in the spotlight, with bullish sentiment driving its price upward. Pavel Durov’s statement has renewed confidence in Toncoin (TON), and market indicators suggest that the token could continue its upward trajectory in the coming weeks. However, with the volatility of the altcoin market, some investors are turning their attention to Mpeppe (MPEPPE), a new meme coin with the potential for massive gains.

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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Charles Hoskinson Reveals How Cardano Will Boost Bitcoin’s Adoption

Published

3 hours ago

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March 31, 2025

By


Cardano founder Charles Hoskinson says the network will play a key role in Bitcoin DeFi transactions in the future. With several partnerships and innovations in the works, Hoskinson says Cardano is bracing itself to explore layer 2 solutions on the Bitcoin blockchain,

Cardano Positions Itself For Bitcoin DeFi

In an interview with Scott Melker, Cardano’s founder has revealed ambitious plans for the network to turbocharge Bitcoin’s adoption for DeFi applications. Hoskinson notes that large financial institutions will trigger a demand for Bitcoin DeFi given their fiduciary obligation to create yield.

He notes that a Bitcoin ETF providing DeFi yields will trigger shareholders to demand similar yields. Hoskinson eyes a three-year timeframe for institutions to plant their feet in Bitcoin DeFi and UTXO DeFi.

Hoskinson says Cardano will combine Hydra with the Bitcoin Lightning network and build a trustless recursive bridge between both networks. The founder adds that its Aiken programming language will enabled to write both Bitcoin and Cardano scripts.

Furthermore, a partnership with Maestro, an infrastructure provider allowing Bitcoin integration with UTXO-based blockchain will provide a “turn-key experience” for users.

“It’s still early days but we are making methodical progress every step of the way,” said Hoskinson.

Hoskinson is moving on from his absence from the Crypto Summit at the White House, doubling down on technical innovation. He notes that the Bitcoin-focused plays by Cardano will not adversely affect the network’s road map.

Is Bitcoin Ready For DeFi Applications?

Hoskinson revealed in the interview that Bitcoin is ready for DeFi utility following the Taproot and the Lightning Network advancements. According to the founder, Taproot added programmability features to the Bitcoin network and Cardano will push the frontiers.

He adds that Cardano will enable Bitcoin users to engage in DeFi transactions while transacting with only BTC. Hoskinson says a merger between Bitcoin is enough to make Cardano’s DeFi significantly larger than Ethereum and Solana combined.

While the integration will send Cardano price soaring, ADA wallows at $0,6611 after losing 10% in a week. However, traders are targeting an ADA pump in May following the forming of a cyclical pattern.

An analyst argues that a price rally to $10 is not a crazy prediction given a streak of solid fundamentals and partnerships for Cardano.

 

✓ Share:

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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Ethereum Bitcoin Ratio Drops to Record Low, What Next for ETH?

Published

4 hours ago

on

March 31, 2025

By


The world’s second-largest digital asset, Ethereum (ETH), struggles to keep up with Bitcoin. Market data shows that the ETH/BTC ratio has dropped to its lowest level in five years. Consequently, investors and analysts are now questioning whether Ethereum can recover in the coming quarter, considering Bitcoin may continue its long-standing domination in the digital assets market.

The Ethereum Bitcoin Ratio At New Lows

ETH performed poorly compared to Bitcoin in the first quarter of 2025. According to a recent update from The Kobeissi Letter, the Ethereum to Bitcoin ratio has dropped to 0.02, its lowest level since December 2020.

Historically, Ethereum has gained strength after Bitcoin halvings, but the trend has reversed. While Bitcoin price is going upward, Ethereum has struggled to gain traction.

Several factors have contributed to this decline. Bitcoin’s narrative as digital gold has strengthened, drawing more institutional investment. In addition, the coin has faced challenges, including relatively higher gas fees and competition from other blockchain networks. 

Unfortunately, the Ethereum Pectra upgrade, which experts believe could drive a price increase for the coin, faced some challenges. As reported by CoinGape, multiple testnet attempts failed before the Hoodi testnet that launched recently.

Some experts believe Ethereum’s transition to proof-of-stake has not delivered the expected market boost. 

Q1 Performance and ETF Downturn

The ETH price performance in the first quarter of 2025 has been disappointing. For context, data shows that the coin has dropped 46% this year, nearly 4 times more than Bitcoin’s decline of 12%.

Many investors expected a strong bull run, but Ethereum has remained weak. The adoption of spot Bitcoin ETFs earlier in the year attracted billions of dollars, but Ethereum has not seen the same level of interest for its potential ETF.

Market analysts suggest that institutional investors are still hesitant about Ethereum’s long-term value compared to Bitcoin. Bitcoin’s fixed supply and reputation as a hedge against inflation have made it a safer choice for institutional investors. 

Where is ETH Price Heading?

Some analysts believe ETH price could hit $10,000 if broader market conditions improve and the Ethereum Pectra upgrade launches on the mainnet. 

Others warn that if the coin continues to lose value against Bitcoin, investors may start shifting funds to other networks like Solana or Avalanche.

Even though short-term price predictions remain speculative, some traders expect Ethereum to rebound as Bitcoin stabilizes. Others believe the ETH/BTC ratio could drop even further. 

As of this publication, CoinMarketCap data shows that Ethereum’s price was $1,842.29, up 1.34% in the last 24 hours. Many experts believe that the coming days will determine whether Ethereum can regain strength or whether Bitcoin’s dominance will continue to grow.

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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.

Follow him on X, Linkedin

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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Elon Musk Rules Out The Use Of Dogecoin By The US Government

Published

6 hours ago

on

March 31, 2025

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Elon Musk has doused optimism for the US government to adopt Dogecoin at the America PAC town hall event. The head of the Department of Government Efficiency (DOGE) noted that the government agency only bears a nominal resemblance to the memecoin.

Elon Musk Dispels Rumors Of Dogecoin Adoption By The US Government

At a recent event, Tesla CEO Elon Musk cleared the air on the potential adoption of Dogecoin by the US government. In his keynote speech, Musk noted that the US government will not be adopting Dogecoin, contrary to swirling speculation.

Musk noted that the speculation gained traction following the launch of the Department of Government Efficiency (DOGE). Following the launch of DOGE and Musk tapped to lead the agency, enthusiasm for Dogecoin government utility reached new highs.

However, Musk clarified that the agency bears only a nominal resemblance to the memecoin, stemming from an internet trend. The Tesla CEO disclosed that the original intended name was the Government Efficiency Commission, opting for DOGE “because the internet is right.”

“The name is similar but they are two different things,” said Musk. “But there are no plans for the government to use Dogecoin as far as I know.”

Musk has a long and storied history with Dogecoin, famously shilling the memecoin and integrating DOGE payments for Tesla. Musk teased an anime-themed DOGE on X, setting the stage for a $2 rally for the memecoin.

DOGE Reacts Negatively To The News

Dogecoin price slumped by nearly 2% in the wake of the grim report. Currently, the memecoin is trading at 0.1660 as it eyes a push toward the $1 mark.

The negative fundamental adds pressure to reports of DOGE forming a falling wedge pattern, signaling a potential downward breakout. However, optimists are rippling with confidence that DOGE can shake off the negative sentiments to post new all-time highs.

One analysis claims that if the Dogecoin price breaks a 3-month trendline, an $8 valuation for the memecoin is in play. Others claim that the House of Doge Reserve launch will be a tailwind for Dogecoin price, sending the dog-themed coin on a strong rally.

✓ Share:

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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