Altcoin
XRP $2 Billion Price Correction Enables Whales To Diversify in New AI Social Dating Crypto GoodEgg
In the ever-evolving landscape of cryptocurrencies, Ripple (XRP) has made waves in 2024 by pushing boundaries in the blockchain sector. However, even amidst its latest moves, a significant $2 billion price correction has occurred. This correction has prompted many Ripple (XRP) whales to diversify their portfolios, eyeing the rising star in the market—GoodEgg (GEGG), an AI-powered “Social Dating” cryptocurrency.
Ripple (XRP)’s Major Price Correction
As the year unfolded, Ripple (XRP) faced one of its biggest corrections, with $2 billion wiped off its market capitalization. While Ripple (XRP) has remained a key player, its struggles are tied to both regulatory pressures and market volatility. This correction, while significant, comes at a time when Ripple (XRP) is exploring new avenues, particularly with its Ripple USD (RLUSD) Stablecoin.
According to Ripple (XRP)’s recent report, RLUSD aims to compete in the rapidly growing fiat-backed stablecoin market, which saw $6.87 trillion in transactions in 2022—more than both MasterCard and PayPal. RLUSD is designed to maintain its value at $1, backed entirely by a reserve of cash and equivalents, ensuring stability for users.
The Ripple (XRP) whales, however, seem cautious. As the market becomes more volatile, many of them are diversifying their portfolios, seeking new opportunities beyond traditional blockchain and stablecoin assets. This search for the next big investment has led them to the booming presale of GoodEgg (GEGG), which has captured attention with its unique approach.
GoodEgg (GEGG): 2024’s Standout AI-Driven Social Dating Token with High-Growth Potential
GoodEgg (GEGG) has emerged as one of the most exciting presale tokens in 2024, boasting an innovative combination of AI technology and social scoring features. As the first AI-driven social dating cryptocurrency, GoodEgg (GEGG) offers more than just a financial asset—it provides a platform for users to connect, score, and match with potential partners in a decentralized environment.
Currently priced at $0.00021, GoodEgg (GEGG) has completed 65% of its Stage 2 presale, attracting both retail investors and institutional whales looking for high-growth opportunities. Its unique Play-to-Date feature, which incentivizes user interaction through rewards, adds a new layer of utility to the token. For investors seeking exposure to AI and blockchain-based innovation, GoodEgg (GEGG) represents a compelling opportunity.
Ripple (XRP)’s Push With RLUSD and Stablecoins
While Ripple (XRP) continues to dominate headlines with its cross-border payment solutions, much of the attention in recent months has shifted toward the introduction of Ripple USD (RLUSD). As a fiat-backed stablecoin, RLUSD provides the security and efficiency of blockchain with the trust and stability of the US dollar. According to Ripple’s blog, RLUSD is 100% backed by cash reserves, ensuring that users can redeem it 1:1 for US dollars.
Stablecoins like RLUSD have become increasingly popular as cash usage declines. In 2022 alone, fiat-backed stablecoins like USDT and USDC processed $6.87 trillion in transactions—an astounding figure that outpaced even the largest traditional payment platforms. RLUSD aims to capture a share of this market, but it also faces competition from other major players like PayPal’s PYUSD.
Despite these advancements, the recent price correction in Ripple (XRP) has caused concern. Some analysts argue that RLUSD and other stablecoin initiatives might not be enough to bolster Ripple (XRP)’s long-term value, especially given the growing competition in the stablecoin sector.
Market Uncertainty Drives Ripple (XRP) Whales Toward Promising GoodEgg (GEGG)
For Ripple (XRP) whales, the $2 billion price correction has raised questions about the token’s short-term growth potential. This uncertainty has led many to explore new investment avenues, and GoodEgg (GEGG) has quickly risen to the top of their watchlists. Its innovative use of AI in the social dating space, combined with the rapid growth of its presale, makes it an attractive option for those looking to diversify.
In comparison to Ripple (XRP), which is entrenched in regulatory challenges and market volatility, GoodEgg (GEGG) offers a fresh, exciting alternative. The token’s utility as both a financial asset and a tool for user interaction in the digital dating world gives it a unique edge in the marketplace.
As a Final Point,
As Ripple (XRP) continues to navigate its way through price corrections and regulatory challenges, GoodEgg (GEGG) is steadily rising as a promising alternative for investors, particularly whales looking to diversify their portfolios. The recent $2 billion correction in Ripple (XRP)’s market cap has made diversification a prudent strategy, and many see GoodEgg (GEGG) as the next big opportunity.
With its AI-driven social scoring system, GoodEgg (GEGG) has carved out a unique niche in the cryptocurrency world, offering both financial growth and practical utility. As whales continue to move assets into this new token, it will be exciting to see how GoodEgg (GEGG) develops and whether it can rival giants like Ripple (XRP) in the months ahead.
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
The broader altcoins market has entered a sharp correction today, but Pi Network price is looking the other way with 5% gains in the last 24 hours and moving past $0.85. This comes as a fresh relief rally after Pi Coin faced a steep 20% drop over the past week. Moreover, it seems that investors are looking beyond PI token unlocks along with slowing down exchange deposits.
Why Is Pi Network Coin Price Up Today?
As stated, the Pi Coin deposits to exchanges have dropped significantly, hinting at a potential shift in market activity. Over the past 24 hours, only 1 million PI tokens were deposited across exchanges, against the tens of millions of deposits in the previous week, PiScan data showed.
The most significant transaction during this period was a transfer between exchanges, with tokens moving from Bitget to Gate.io. This drop in deposits can lead to upward price pressure for the Pi Network Coin. As shown in the image below, the total PI balance on centralized exchanges is upwards of 352 million, with OKX exchange alone having 160 million in PI balance and Bitget exchange having over 81 million in PI balance.
Over the past month, the Pi Coin price has crashed all the way from the peak of $3 to now $0.82, eroding more than 75% of investors’ wealth. However, market analysts are still hopeful of its recovery to $3 if three main factors align.
- Mainnet Progress: The launch of a fully open Pi Mainnet could significantly boost demand for PI tokens.
- Exchange Listings: Expanded listings across major exchanges would enhance accessibility and liquidity. After much discussion in social media and despite high expectations, crypto exchange Binance has excluded Pi Network from its listing plan.
- Ecosystem Growth: The development of real-world use cases and strategic partnerships could further drive adoption and utility.
Eyeing Complete Decentralization
Pi Network could be eyeing complete decentralization while embracing crypto and Web3. This has been the latest buzz in the town, keeping investors curious.
π 🤝△
— diange (@Pi_diange) March 28, 2025
It appears to be hinting at a significant partnership that could reshape the crypto or financial landscape. The cryptic message above has sparked speculation about a collaboration between Pi and Web3 (symbolized by the triangle), potentially signaling a step toward a fully decentralized future.
As of press time, the Pi Coin price is trading at $0.831 with a market cap of $5.62 billion. With the current bounce back, the altcoin has broken out of the trendline formation over the past 14 days. If the PI price stays above $0.8340, it could stage a quick recovery to $1.
Altcoins Market Correction
The altcoins market has entered a steep correction today with top players like Ethereum (ETH), XRP, and Solana (SOL), correcting over 5% each. Crypto analyst Ali Martinez highlights a surge in stablecoin reserves across all exchanges, rising from $32.1 billion to $32.8 billion within the past 24 hours.
This sharp increase suggests heightened profit-taking activity in the cryptocurrency market.
Bhushan Akolkar
Bhushan is a FinTech enthusiast with a keen understanding of financial markets. His interest in economics and finance has led him to focus on emerging Blockchain technology and cryptocurrency markets. He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.
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 latest announcement from crypto exchange giant Binance has left investors speculating about the future prices of 4 tokens. On Friday, March 28, the exchange revealed enhanced trade offerings for MUBARAK, CZ’S Dog (BROCCOLI), Tutorial (TUT), and Banana For Scale (BANANAS31) tokens. Primarily, the CEX is adding these coins to the ‘Earn, Buy Crypto, Convert & Margin’ trading platforms.
In response, crypto market traders and investors also speculate over looming price gains due to enhanced market exposure brought by a top CEX.
Binance Bolsters Support For MUBARAK, CZ’s Dog, TUT, & BANANAS31
As per an official release, Binance is integrating the abovementioned tokens to the ‘Simple Earn, Buy Crypto, Convert, Margin, and Auto-Invest’ trading platforms. The enhanced trade offerings pave the way for more investor interaction with these assets, thereby welcoming funds.
Notably, MUBARAK, BROCCOLI, TUT, and BANANAS31 flexible products were listed on the CEX as of March 28 at 02:00 UTC. Users can now avail of the subscription facility for these assets on the platform. Auto-Invest services for the same are to commence on March 29 at 10:00 UTC.
Also, the exchange’s enormous user base can buy these tokens via VISA, MasterCard, Google Pay, Apple Pay, and Revolut. Users can also trade it using account balances on the ‘Buy Crypto’ division.
Overall, these enhanced offerings magnetize investors from across the globe with emerging market opportunities, thus offering a money influx into the coins. Historically, such offerings on top crypto exchanges have proved bullish for crypto assets in the long term.
Other Offerings For These Coins On Binance
Binance also revealed that starting March 28 at 05:00 UTC, users can trade these assets on the ‘Convert’ division. This means users can trade the coins against BTC, USDT, and other assets available on the platform at zero fees.
Simultaneously, MUBARAK, TUT, and BANANAS31 will be added as new borrowable assets on Cross and Isolated Margin. Users can enjoy this trading facility starting March 28 at 04:30 UTC. Altogether, the stockpile of enhanced offerings ushers in a positive market sentiment for these tokens.
How Are The Tokens Performing?
CZ’s Dog price witnessed a remarkable 20% uptick intraday, reaching $0.06157. The crypto’s 24-hour low and high were $0.04978 and $0.08665, respectively. TUT price was up by a staggering 136%, reaching $0.03949. The coin bottomed and peaked at $0.01586 and $0.0587 intraday. Notably, the two tokens mentioned above witnessed remarkable gains in the wake of their spot listings and enhanced trade offerings on Binance.
However, BANANAS31 price crashed nearly 18% despite its listing. The token even hit a low of $0.005326. Additionally, MUBARAK price slumped almost 36% to $0.09671, defying market optimism. Its intraday low and high were $0.09159 and $0.158, respectively. While two of the coins mirror a bull run amid enhanced market support, two trade in the red zone.
What’s More?
CoinGape earlier reported that Binance completed its inaugural Vote To List program for these tokens. As a result, new trade offerings were unveiled today.
However, it’s worth mentioning that a few traders have sparked a speculative buzz with their MUBARAK coin transfers amid new listings. Soon after the announcement, three addresses deposited 22.15 million tokens to the leading exchange, per ‘ai_9684xtpa’ on X. If sold, two addresses could see over 100 times the profit, adding a layer of intrigue to the crypto’s price movements and insider trading speculations.
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.
An analyst on TradingView presented a technical outlook that contrasts with prevailing market sentiment, suggesting that Dogecoin is still forming the cup phase of a cup and handle pattern rather than completing the handle as many believe.
This alternative perspective frames the recent price movements not as a retest following a breakout, but as part of a much longer consolidation phase that began after Dogecoin’s 2021 peak. Nonetheless, the consensus is the same, and this setup suggests that the Dogecoin price is about to recover towards $0.4.
Cup Formation Since 2021 Still In Progress
According to the analyst, the cup and handle pattern visible on Dogecoin’s chart has been developing for nearly four years, with price rounding off a wide base that stretches back to its previous all-time high. This interpretation diverges from the majority view, which argues that Dogecoin completed the cup structure, broke out of the neckline resistance late last year, and is now in the handle phase before another leg upward.
Instead, the current analysis argues that Dogecoin remains in the latter stages of the cup phase, with no handle formation yet confirmed, and that accumulation is still unfolding. Price holding above key exponential moving averages supports the idea that buyers are gradually building positions during this drawn-out bottoming process.
The resistance zone around $0.48 is seen differently in this analysis as only part of the cup formation. From this perspective, the breakout has not occurred, and any move toward $0.4 would be part of a continued upward grind into the neckline. This puts the focus not on handle formation or retest of breakout point, but on the development of a complete cup structure that could eventually set the stage for a classic handle and breakout rally.
Accumulation In Cup Phase To Push Dogecoin To New Highs
Many analysts have written off Dogecoin’s recent pullback as part of a handle retest following a breakout, but this technical setup implies that the price is still climbing toward a breakout point that is yet to be reached. Based on this outlook, a move toward $0.4 could serve as part of the final uptrend in the cup structure, after which a handle might finally take shape.
If the pattern plays out as described, Dogecoin could see short-term gains before pausing for consolidation at higher levels between $0.4 and $0.5. The real breakout above the neckline resistance is above these levels, before a subsequent handle formation.
Nonetheless, the most notable price level to watch for a true confirmation of the bullish continuation is $0.48. At the time of writing, Dogecoin is trading at $0.1967. The past 24 hours have been characterized by a brief break above $0.2, which is currently the most significant short-term price resistance to overcome.
Featured image from Adobe Stock, chart from Tradingview.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
Why Is Pi Network Coin Price Up 5% Despite Altcoins Market Correction?
XRP Price Slides Slowly—Is a Bigger Drop Coming?
Terra’s Crypto Claims Portal Opens Soon: Key Dates and Info
Strategic Bitcoin Reserve Proposed by Brazil’s VP Advisor
Dogecoin (DOGE) Faces Market Correction—Will Buyers Step Back In?
$14 Billion in Bitcoin and Ethereum Options Set to Expire Today
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
-
Market18 hours agoPaul Atkins Reveals $6 Million in Crypto Exposure
-
Market17 hours agoWill Bitcoin Hit $90,000 in April? Analysts Weigh In
-
Market23 hours agoKiloEx TGE Debuts on Binance Wallet and PancakeSwap
-
Altcoin22 hours agoLinear Finance Ceases Operations As ‘Notice Of Closure’ Announced
-
Market19 hours agoHow the LIBRA Scandal is Undermining Milei’s Trust in Argentina
-
Regulation18 hours agoUS SEC Chair Nominee Paul Atkins To Prioritize Regulatory Clarity For Crypto Industry
-
Market24 hours agoCourt Delays Upbit Business Restriction Imposed by FIU
-
Market20 hours ago4 Altcoins That Could Hit New All-Time Highs in April 2025
✓ Share: