Altcoin
Top Crypto Trader Says Now Is The Time To Flip Your Ethereum For Mpeppe Massive Profits Incoming
As Ethereum (ETH) navigates ongoing technical developments and market volatility, some top crypto traders are now recommending flipping Ethereum (ETH) holdings into Mpeppe (MPEPE), a promising meme coin with significant profit potential. With Mpeppe (MPEPE) nearing the end of its fourth ICO stage, many investors are seizing the opportunity for fast returns in the meme coin space. Meanwhile, Ethereum (ETH)’s future remains uncertain as the network grapples with the complexities of its upcoming Pectra Hard Fork.
Ethereum’s Pectra Hard Fork: A Long Road Ahead
The Pectra Hard Fork is poised to be a major upgrade for Ethereum (ETH), focusing on enhancing the network’s efficiency through updates to its Ethereum (ETH) Virtual Machine (EVM). However, due to the scope of the upgrade, developers are debating whether to split it into two phases to avoid overwhelming the network and delaying other critical changes.
If the split occurs, Ethereum (ETH) could see some immediate upgrades by February 2025, including EIPs focused on validator deposits and transaction efficiency. Yet, more complex changes, such as modifications to the EVM Object Format (EOF), may be delayed until later. This phased approach has sparked mixed reactions from the developer community, with concerns that introducing the new EVM could lead to unforeseen issues.
For investors, this delay creates uncertainty, as it’s unclear when Ethereum (ETH) will fully benefit from these network improvements. As Ethereum (ETH) developers weigh the risks and rewards of splitting the hard fork, many are turning to alternatives like Mpeppe (MPEPE), a token that promises quick profits in the meme coin space.
Ethereum’s Struggles in the Market
Despite its strong market presence, Ethereum (ETH) has faced significant challenges in recent months. The Pectra Hard Fork, while promising in the long term, has created near-term uncertainty that has led to volatile price action. While ETH’s value has recently seen a modest recovery, it still remains far below its all-time high, leaving investors looking for more immediate gains.
Ethereum (ETH)’s ongoing price volatility has caused some traders to lose confidence in its short-term prospects. Although the network continues to dominate the world of decentralized applications (dApps) and smart contracts, the delays in upgrades like the Pectra Hard Fork have sparked concern among investors. With the Ethereum (ETH) community divided on how to proceed, many are turning to faster-moving tokens for more immediate returns.
Mpeppe (MPEPE): The Next Big Meme Coin?
Mpeppe (MPEPE) has quickly risen as a top contender for investors seeking significant gains in the crypto market. With its unique combination of meme culture and DeFi features, Mpeppe (MPEPE) is drawing attention from crypto traders who are tired of waiting for Ethereum (ETH)’s upgrades to materialize. Currently, in Stage 4 of its ICO, Mpeppe (MPEPE) has already sold over 82% of its tokens, with a current price of $0.0021 USDT per token.
Mpeppe (MPEPE)’s appeal lies in its blend of humor, community engagement, and real-world utility. The token is not just a meme coin but also offers features such as yield farming, liquidity mining, and gaming opportunities in its casino-themed ecosystem. This unique combination has made Mpeppe (MPEPE) one of the hottest tokens in the meme coin market, with many investors anticipating a sharp price increase once the ICO is completed.
Why Traders Are Flipping Ethereum (ETH) for Mpeppe (MPEPE)
Top crypto traders are now advising investors to flip their Ethereum (ETH) holdings into Mpeppe (MPEPE) for quick profits. While Ethereum (ETH) remains a solid long-term investment, its immediate prospects are clouded by the uncertainty surrounding the Pectra Hard Fork and market volatility. Meanwhile, Mpeppe (MPEPE)’s ICO is nearing its conclusion, and its price is expected to rise rapidly once it hits the open market.
With Mpeppe (MPEPE)’s unique value proposition and its successful ICO, many believe the token is poised for explosive growth. Investors who flip their Ethereum (ETH) for Mpeppe (MPEPE) now stand to gain significant profits as Mpeppe (MPEPE) continues to capture the attention of the meme coin community.
Ethereum’s Future: A Long-Term Play?
While Mpeppe (MPEPE) presents a more immediate profit opportunity, Ethereum (ETH) still holds significant long-term value. As the network continues to evolve, its dominance in the decentralized finance (DeFi) and smart contract space cannot be overlooked. However, traders seeking more short-term gains are growing increasingly wary of Ethereum (ETH)’s ongoing technical delays and price instability.
The outcome of the Pectra Hard Fork will be crucial in determining Ethereum’s (ETH) future price trajectory. If developers can successfully implement the upgrades without causing network disruptions, Ethereum (ETH) could see renewed investor confidence and price recovery. However, until then, many traders are opting to diversify their portfolios with tokens like Mpeppe (MPEPE).
Conclusion
For those looking to diversify their portfolios and capitalize on short-term gains, flipping Ethereum (ETH) for Mpeppe (MPEPE) could be a strategic move. As Ethereum (ETH) continues its long road toward network upgrades, Mpeppe (MPEPE)’s rise in the meme coin market offers a fresh and exciting investment opportunity.
For more information on the Mpeppe (MPEPPE) Presale:
Visit Mpeppe (MPEPPE)
Join and become a community member:
https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ
Litecoin whales have shaken the crypto market to its core on Saturday, embarking on a massive buying spree amid the latest ETF advancement. Renowned crypto analyst Ali Martinez revealed that these whales accumulated nearly 1 million tokens over the past two weeks. Investors are eyeing this as a highly bullish event, given that the market has also seen Canary Capital’s LTC ETF on the Depository Trust & Clearing Corporation (DTCC) recently.
Litecoin Whales Buy Heavily, Investors Bullish Amid ETF Development
According to an X post by Ali Martinez on February 22, Litecoin whales acquired 930,000 tokens in the past two weeks. This data reverberated substantial market optimism for the crypto, underscoring heightened buying pressure despite the broader market turbulence.
Notably, crypto whales are large-scale investors with considerable trading experience in the market. Their trade maneuver to accumulate coins surfaces as bullish news, underlining market confidence in the token’s potential to gain on the back of recent developments.
Canary Capital’s ETF Emerges On DTCC
The latest ETF development for the token has solidified hopes of an approval ahead. CoinGape reported that Canary’s LTC ETF appeared on the DTCC platform under the ticker LTCC this week. This saga has solidified investor bullishness as an exchange-traded product backed by the crypto may be available soon.
Also, renowned ETF analyst Eric Balchunas further anticipated that there is a 90% chance of approval in 2025. The Litecoin whale accumulations amid this bullish event have further boosted the coin’s market sentiment, indicating potential gains ahead.
LTC Price Eyes Rally?
However, despite the massive buying, LTC price tanked over 5% on Saturday, closing in at $128.13. The coin hit a bottom and peak of $123.93 and $139.86 in the past 24 hours. The weekly chart for the token also illustrated a 3% drop. This waning action primarily falls in with the broader crypto market volatility.
Nevertheless, renowned crypto trader Carl Moon took to X, revealing that a $143 price target looms for the token. As per Carl, LTC is forming a bullish flag on lower timeframes, signaling an uptrend ahead. The significant buying pressure brought by Litecoin whales further supports this bullish prediction.
Crypto market traders and investors thoroughly monitor the token, reflecting optimism amid recent ETF developments and strong whale support.
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.
Amidst the SEC’s positive approach to XRP exchange-traded funds (ETFs), anxiety is building around the potential resolution of the Ripple lawsuit. Notably, the recent settlement of the Coinbase case has fueled community optimism about a potential dismissal of the XRP lawsuit. According to legal expert Jeremy Hogan, a settlement in the Ripple vs. SEC case is possible as early as Q2 2025.
Will XRP Lawsuit be Settled by May 2025?
As the community awaits an imminent resolution in the XRP lawsuit, advocate Jeremy Hogan shared his insights. In an X post, Hogan stated that the Ripple vs. SEC case could witness a settlement by the first half of April or early May. However, he clarified that the prediction is merely his intuition and not based on any concrete evidence.
Hogan’s comments came in response to Good Morning Crypto host Johnny Krypto’s post. Addressing Hogan, Johnny Krypto shared a thread, seeking the lawyer’s opinion on the impending conclusion of the XRP lawsuit. The message read, “Do you think the XRP case can get dropped sooner than you originally thought or does May still feel right to you gut??
Coinbase Case Closure and XRP Lawsuit Settlement
In a surprising development, the US SEC agreed to drop the prolonged Coinbase lawsuit, marking a significant milestone in the crypto space. The move also highlights the SEC’s regulatory changes that visions the establishment of the US crypto environment.
Celebrating the significant development, Coinbase CEO Brian Armstrong posted on X that the platform reached an agreement with the SEC after “years of litigation, millions of your taxpayer dollars spent, and irreparable harm done to the country.”
Meanwhile, Jeremy Hogan sees the Coinbase suit dismissal with prejudice as a strong win, as it permanently closes the case. He means that there is no room for the SEC to refile the case.
Notably, as per Hogan’s words, the SEC’s bold move suggests they’re not waiting for Commissioner Atkins’ confirmation to take decisive action on crypto regulation. This implies the SEC might make more crypto-friendly moves even before Atkins takes office, potentially indicating an imminent XRP lawsuit settlement.
SEC’s XRP ETF Acknowledgements Spark Enthusiasm
Over the last few days, the SEC has taken significant steps towards potentially approving XRP ETFs. Particularly, the SEC acknowledged XRP ETF applications submitted by multiple asset managers including Grayscale, 21Shares, CoinShares, Bitwise, and Canary Capital.
This optimistic move, coupled with the SEC’s decision to drop the Coinbase case, has sparked speculations of an early XRP lawsuit settlement. Previously, Jeremy Hogan posited that the XRP lawsuit conclusion could be possible before the SEC’s approval of an XRP ETF.
Although the SEC’s ETF nod doesn’t assure approval, it has fueled community optimism about a potential ETF launch and lawsuit dismissal. As per wider speculations, with the SEC recognizing XRP ETF applications, a lawsuit dismissal is now within reach.
Nynu V Jamal
Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.
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.
The Pi coin finally launched on the mainnet today, which has already led to predictions on how high the crypto could rise following the launch. Now, crypto analyst Gem Hunter has provided a bullish outlook for the coin, suggesting that it could even surpass the XRP price after it gets listed on Binance.
Pi Coin Could Surpass XRP Price After Binance Listing
Gem Hunter recently suggested that the Pi coin price could surpass the XRP price after a potential Binance listing. In an X post, the analyst noted that Pi network’s chart doesn’t look bad at all and hinted that the current price was the bottom.
The analyst further remarked that the Pi coin had recorded almost $1 billion trading volume in eight hours despite listing on only a few centralized exchanges (CEXs). Gem Hunter stated that the real fun will start when Binance and other top crypto exchanges list Pi. As such, he urged market participants to buy the dip and hold.
The analyst’s accompanying chart showed that the Pi coin price could rally to as high as $2.8 when Binance and these top exchanges potentially list the coin. A rally to this price level could put Pi above the XRP price, which is currently trading at around $2.6.
It is worth mentioning that Binance is currently running a community poll on whether it should list Pi. Most community members have voted for the top crypto exchange to list the coin. As such, there is the possibility that Binance could list the crypto at some point, which would provide some bullish momentum for its price.
The Pi network mainnet officially launched today. Consequently, the Pi coin also went live on several exchanges, including OKX, and reached an all-time high (ATH) of $2.2 before witnessing a price correction.
XRP Price Could Surge Before Then
Crypto analyst Dark Defender recently predicted that the XRP price could surge to $3 soon enough, a move which would see the crypto surpass the projected $2.8 level for Pi coin. According to the analyst, XRP will see a break towards $2.77 first and then towards $3 “within hours.”
Meanwhile, in his analysis of XRP in the 12-hour time frame, crypto analyst Egrag Crypto noted that the coin has bounced off the low edge of the ascending triangle, showing bullish momentum. The analyst stated that targeting $2.83 is the next bullish milestone for XRP.
Egrag Crypto further remarked that a bullish signal will occur when XRP closes above the $2.90 and $3.10 range with confirmation. He claimed this would turn this range into strong support for a bullish continuation and a major milestone from a structural perspective.
The XRP price is already up today thanks to bullish fundamentals such as the SEC’s acknowledgment of the XRP ETFs and Hashdex’s XRP ETF, which is set to launch in Brazil.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across DeFi, NFTs, smart contracts, and blockchain interoperability, among others. 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 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.
Bitcoin Could Rebound to $100,000 Soon Despite Bearish Pressure
Myanmar Junta Leader’s Social Media Hijacaked for Crypto Fraud
Kanye West is Launching His Token Despite Past Criticism
Litecoin Whales On Buying Spree Sack 930K Coins Amid LTC ETF Buzz, What’s Next?
Lawyer Estimates Maximum Timeframe for Ripple vs SEC Case Dismissal
Mantle (MNT) Falls 10% as Bybit Hack Rattles Investors
2.52 Million Altcoins Are Ruining Crypto’s Future
Animoca Brands Valuation Tanks 75% In Two Years, Here’s Why
Crypto exchange BingX hacked for $43 million
Are The Big Players Losing Interest?
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
Coinbase cbBTC Set to go Live on Solana
2.52 Million Altcoins Are Ruining Crypto’s Future
Animoca Brands Valuation Tanks 75% In Two Years, Here’s Why
Crypto exchange BingX hacked for $43 million
Are The Big Players Losing Interest?
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
Coinbase cbBTC Set to go Live on Solana
-
Ethereum24 hours agoEthereum Holds Key Support – Analyst Doubts Bears Can Defend $4K Anymore
-
Market22 hours agoWhat It Means for the XRP Lawsuit
-
Ethereum22 hours agoExtremely Strong Support And Monthly 55 EMA Says ETH Is Headed For $4,867
-
Market21 hours agoPI Surges, CZ Comments, Safe Denies Breach
-
Regulation21 hours agoConsenSys Submits Letter to SEC on DeFi Rule Amendment Concerns
-
Regulation20 hours agoRipple Vs SEC Lawsuit May Take Longer To Settle Than Coinbase, Expert Warns
-
Market19 hours agoEthereum Falls 5% Following $1.5 Billion Bybit Hack
-
Altcoin12 hours agoBTC, ETH Drop As $566M Liquidated Amid Bybit Hack
✓ Share: