Altcoin
XRP Holders Join ETH ICO Mpeppe (MPEPE) To Build Their Wealth
The world of cryptocurrency is as dynamic as it is unpredictable, and recent trends have shown that even established tokens like Ripple (XRP) are not immune to market pressures. With XRP’s price facing downward pressure and investor sentiment becoming increasingly cautious, many XRP holders are looking for new opportunities to grow their wealth. One such opportunity that has caught the attention of savvy investors is the ETH-based ICO Mpeppe (MPEPE), a rising star in the meme coin sector with the potential to deliver substantial returns.
Ripple (XRP): Facing Headwinds Amidst Market Uncertainty
Ripple (XRP) has long been a favorite among crypto enthusiasts, particularly for its role in facilitating cross-border transactions quickly and efficiently. However, recent market analysis suggests that XRP is facing significant challenges that could lead to further price declines.
As of mid-August 2024, XRP is struggling to maintain its value, hovering around $0.578963. Despite a brief recovery, the token has failed to stay above the 38.2% Fibonacci retracement line at $0.58, signaling weak investor conviction. This has raised concerns among holders, especially as market indicators point to a potential continuation of the downtrend.
The Chaikin Money Flow (CMF) for XRP shows that outflows are at a monthly high, indicating that more investors are pulling their money out of the token. Additionally, the daily active addresses (DAA) divergence is flashing sell signals, further exacerbating the selling pressure. With such bearish signals dominating the market, many XRP holders are reconsidering their positions and exploring alternative investments to protect and grow their wealth.
Mpeppe (MPEPE): A Promising New Opportunity
As XRP holders face uncertainty, Mpeppe (MPEPE) has emerged as a compelling alternative for those looking to diversify their portfolios and tap into the potential for high returns. Mpeppe (MPEPE), an Ethereum-based ICO, has quickly gained traction in the crypto community, particularly among those who are drawn to the speculative nature of meme coins.
Mpeppe (MPEPE) stands out in the crowded meme coin market due to its strategic positioning and strong community backing. Currently in its presale phase, Mpeppe has already raised over $935,892, with more than 64.85% of its tokens sold. This early success reflects the growing interest in Mpeppe as a high-potential investment, especially for those who are seeking to capitalize on the next big meme coin wave.
What makes Mpeppe (MPEPE) particularly attractive is its connection to the broader Ethereum ecosystem. As an ETH-based token, Mpeppe benefits from the robust infrastructure and widespread adoption of Ethereum, making it a more stable and scalable option compared to some other meme coins. Furthermore, the token’s smart contract address, 0xd328a1C97e9b6b3Afd42eAf535bcB55A85cDcA7B, is fully transparent and auditable, providing additional security and trust for investors.
Why XRP Holders Are Making the Switch
Several factors are driving Ripple (XRP) holders to consider investing in Mpeppe (MPEPE):
- Potential for High Returns: While XRP’s growth prospects are currently limited by market pressures, Mpeppe (MPEPE) offers the potential for exponential returns. Meme coins are known for their ability to generate massive gains in a short period, especially when they capture the public’s imagination. Mpeppe is well-positioned to do just that, with its viral appeal and strong presale performance.
- Diversification: In a market as volatile as cryptocurrency, diversification is key to managing risk. By investing in Mpeppe (MPEPE), XRP holders can diversify their portfolios, reducing their exposure to XRP’s potential downside while still participating in the lucrative meme coin sector.
- Community and Engagement: Mpeppe (MPEPE) is more than just a speculative asset; it’s a community-driven project that leverages the power of social media and online communities to build momentum. For investors who value active participation and engagement, Mpeppe offers a dynamic environment where they can be part of the project’s growth.
Conclusion: A Strategic Move for Wealth Building
As Ripple (XRP) faces continued market challenges, many of its holders are seeking new avenues to protect and grow their wealth. Mpeppe (MPEPE), with its strong presale performance and promising potential, has emerged as a top choice for those looking to diversify their investments and capitalize on the next big opportunity in the crypto market.
For XRP holders, joining the Mpeppe (MPEPE) ICO represents a strategic move to balance risk and reward in their portfolios. By leveraging the strengths of both XRP and Mpeppe, investors can position themselves for success in the ever-changing landscape of cryptocurrency. With the right timing and market conditions, Mpeppe (MPEPE) could very well be the key to achieving significant wealth growth, making it a worthy consideration for any serious crypto investor.
For more information on the Mpeppe (MPEPE) Presale:
Visit Mpeppe (MPEPE)
Join and become a community member:
Crypto Prices Today (April 4): The broader market sentiment remains uncertain this Friday as Bitcoin (BTC) price held around the previous day’s levels, at $83K. Moving on to other metrics, the global cryptocurrency market cap jumped slightly by 0.20% to $2.6 trillion. The fear and greed index stood at 25, signaling a cautious sentiment in the market at the moment.
Major league altcoins like Ethereum (ETH) and Solana (SOL) also retained a trading session near the previous day’s levels in the interim. However, Cosmos (ATOM) and Filecoin (FIL) surfaced as the day’s top gainers by defying the broader trends.
Crypto Prices Today: BTC At $83K, Altcoins Resilient
Despite the broader market turmoil caused by Donald Trump’s announcement of reciprocal tariffs, crypto prices today have showcased resilience by preventing major downturns. After slipping to as low as the $81K mark, BTC price regained a hold above $84K today. ETH also faced heightened turbulence, although it maintained a hold above $1,800.
Conversely, ATOM and FIL tokens have defied the broader market trend to secure a spot among the day’s top gainers.
BTC Price Sits At $84K
At the time of reporting, the flagship crypto’s price chart indicated a roughly 1% increase in value and closed in at $84,211. Its market dominance was up by 0.09% intraday, reaching 62.01%. Notably, BTC has outperformed major league altcoins, as indicated by its market dominance.
Coinglass data further signaled rising market interest in the asset. Bitcoin futures OI jumped roughly 4% over the past day, reaching $54.61 billion.
Nevertheless, traders and investors reflect an uncertain stance over future price prospects as Trump’s tariffs have rattled broader markets globally. CoinGape previously reported that BTC is expected to mimic stock market actions amid global trade war tensions.
All eyes are now set on the next U.S. Fed meeting, as it could pave the way for a market sentiment shift.
ETH Price At $1,800
ETH price traded at $1,820 after recovering from $1,751 over the past day. The second-largest crypto by market cap boasted an evaluation of $220.35 billion.
Ethereum’s futures OI shot up by 3.5% to reach $20.68 billion, per the latest Coinglass data. This statistic indicated that the coin’s derivatives market is seeing heightened activity. Another buzzworthy update for Ethereum is that the Pectra upgrade is set to go live on May 7 next month.
XRP Price Jumps 2% & Defies Crypto Market Trend
Ripple’s coin XRP managed to gain over 2% despite the broader crypto market turmoil to reach $2.08. Its 24-hour bottom and peak were recorded as $1.97 and $2.10, respectively.
The latest buzz within the Ripple community remains Coinbase’s XRP futures listing. Notably, CoinGape reported that the crypto exchange behemoth filed an application with the CFTC for this listing.
On the other hand, the U.S. SEC’s recent closed-door meeting solidified the chances of an imminent settlement of the Ripple lawsuit.
SOL Price Today
Solana price hovered around the previous day’s levels and is trading at $119.27. Its 24-hour low and high were registered as $112.48 and $119.13 in the past 24 hours.
Intriguingly, Coinglass data revealed a 3% surge in Solana’s futures OI to $4.84 billion, underscoring burgeoning trading activity in the derivatives market. Solana’s market cap jumped nearly 1% from yesterday to $61.44 billion.
Recently, the U.S. SEC made a favorable approach toward crypto by acknowledging Fidelity’s SOL ETF filing.
Let’s take a look at the market’s leading gainers for the day.
Crypto Prices Today: Top Gainer
Cosmos (ATOM)
Price: $4.83
24-Hour Gains: +9%
ATOM’s price surged alongside a new trade offering unveiled by eToro recently. The social investing platform launched staking options for the crypto, paving the way for investor interaction with assets.
Filecoin (FIL)
Price: $2.95
24-Hour Gains: +8%
FIL price soars against the backdrop of its recent listing on S. Korean crypto exchange Upbit.
Pendle (PENDLE)
Price: $3.14
24-Hour Gains: +8%
PENDLE price soars alongside heightened whale accumulations, as reported by CoinGape recently.
Crypto Prices Today: Top Loser
Pi Network (PI)
Price: $0.5477
24-Hour Loss: -13%
Berachain (BERA)
Price: $5.81
24-Hour Loss: -10%
Toncoin (TON)
Price: $3.52
24-Hour Loss: -7%
Overall, the broader market sentiment remains uncertain amid macroeconomic heat. Crypto market traders and investors eagerly await major price action shifts.
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.
Pi Network’s native cryptocurrency Pi Coin price is down by another 15% today, slipping all the way to $0.55 and another 60% surge in daily trading volumes to $477 million. With this, the PI cryptocurrency has extended its weekly losses to more than 33% as investors are losing hope of any recovery to $1. As a result, the community is now pinning hopes on a Coinbase listing for any revival.
Will Pi Network Make Way to Coinbase Anytime Soon?
Although the Pi Network listing on Binance has faced multiple delays, the community is still hopeful for a Coinbase listing. On March 14—Pi Day—Coinbase’s Chief Legal Officer, Paul Grewal, posted a tweet featuring Pi’s logo, stating, “We take Pi Day very seriously at Coinbase.”
A Coinbase listing could provide a major liquidity boost, pumping up the Pi Coin price higher to $1 and beyond. The exchange often considers community engagement when adding new assets, making Pi Network’s 60 million+ user base a strong factor in its favor.
Additionally, such a listing could significantly boost PI cryptocurrency’s adoption in both U.S. and global markets. This would be a historic milestone for the ecosystem, increasing the visibility and accessibility to millions of crypto users worldwide.
While Coinbase stirs speculation, Binance has yet to make any official comments regarding a potential $PI listing.
Pi Coin Price Drop to $0.3 Coming?
As the Pi Coin price continues to lose crucial support levels, analysts are turning pessimistic about it moving ahead. Crypto analyst Moon JEFF has projected that Pi Network price could drop to $0.30 if exchange deposits continue at their current rate.
More than 375 million PI tokens have already moved to exchanges. Moon JEFF notes that with total supply reaching 500 million $PI, the token’s price could stabilize around $0.30. This is similar to our Pi Coin price prediction, which shows that altcoin to trade under $0.40 for the month of April.
A Major Challenge for the Core Team
The Pi Community backlash is growing stronger with every passing day as the altcoin selling pressure increases. Popular community member Dr Altcoin stated: “Pi’s price has been in free fall, hovering around $0.5. If this was the end goal, why did the Pi community wait six years? Pi could have easily reached this value if it had launched in 2022”.
He further stated that major cryptocurrency exchanges are unlikely to list PI crypto unless the Pi Core Team (PCT) provides full transparency regarding its tokenomics. The two major challenges as highlighted by Dr Altcoin, are:
- At current low prices, Pi holders may struggle to engage with decentralized applications (DApps) within the Pi ecosystem.
- If these challenges persist, a significant portion of Pi users could sell off their holdings and migrate to other crypto projects.
The analyst added that the only viable path forward for the Pi Core Team, without relying on major exchange listings, is to burn billions of Pi coins from the Pi Foundation wallets.
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.
Solana price has extended weekly losses to 14% amid heightened selling pressure for the cryptocurrency. Whale data on Friday revealed that roughly $46M worth of SOL was unstaked and offloaded to exchanges in recent days. The outcome? Crypto market traders and investors are speculating if a recovery is even possible ahead as the broader market faces turmoil amid Trump’s reciprocal tariff announcement.
Solana Price Takes Bearish Turn Amid Rising Whale Dumps, What’s Happening?
As of press time, Solana price traded at $115.91, down slightly over 3% in the past 24 hours. The weekly chart for the crypto showcases a 14% decline, further accompanied by a monthly drop of over 18%. This waning action falls in line with the recent broader market trends and heightened selling pressure for the cryptocurrency.
Data from the tracker Lookonchain suggested that crypto whales are on a SOL dumping spree in tandem with the coin’s slumping action. Notably, 4 wallet addresses collectively unstaked and offloaded $46 million worth of coins in the past 24 hours, per whale data.
Here Are The Addresses & Amounts of SOL Dumped
- ‘HUJBzd’ – $30.3 million worth of coins.
- ‘BnwZvG’ – $9.47 million worth of coins.
- ‘8rWuQ5’ – $3.53 million worth of coins.
- 2UhUo1′ – $3 million worth of coins.
For context, usual market sentiments reflect bearishness in light of such massive dumps as the selling pressure for a crypto increases. Solana’s waning price action has contributed to investors’ cautious outlook toward the coin amid negative market dynamics.
SOL Price Faces Pressure Amid Broader Trends
It’s worth pointing out that SOL is currently facing immense heat due to broader macro trends presenting risk assets with uncertainty. CoinGape recently reported that Bitcoin price saw an offsetting movement with Donald Trump’s reciprocal tariffs commencement. In turn, even the altcoin market mimicked a bearish movement lately.
Another report revealed that BTC price is expected to follow the stock market action in light of the new reciprocal tariffs. Matrixport strongly asserted that the broader crypto market could potentially sustain volatility in the short run as BTC price is expected to mimic stock market movements.
Analyst Forecasts Bullish Outlook Despite Downtrend
However, a crypto market analyst named ‘Brandon Hong’ has conversely highlighted a bullish outlook for Solana price regardless of the broader turmoil. The analyst recently posted on X, stating, “SOL is about to have its biggest breakout ever.”
This bullish anticipation rides the back of the coin about to break its 400-day range. “Buy now or regret later,” the analyst concluded, sparking contrary speculations. Crypto market participants continue to extensively eye the token for price action shifts amid uncertain dynamics.
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.
Ethereum Holders Buy Heavily as Price Nears October 2023 Levels
Vitalik’s L2 Roadmap, XRP Unlock and More
Ethereum Whales Buy the Dip – Over 130K ETH Added In A Single Day
PENDLE Token Outperforms BTC and ETH with a 10% Rally
Will the SEC Approve Grayscale’s Solana ETF?
XRP Price Vulnerable To Falling Below $2 After 18% Decline
-
Market23 hours agoWormhole (W) Jumps 10%—But Is a Pullback Coming?
-
Altcoin23 hours agoAltcoin Season Still In Sight Even As Ethereum Struggles To Gain Upward Momentum
-
Market24 hours agoRipple Shifts $1B in XRP Amid Growing Bearish Pressure
-
Market22 hours agoBinance’s CZ is Helping Kyrgyzstan Become A Crypto Hub
-
Market17 hours agoWhat to Expect After March’s Struggles
-
Altcoin22 hours agoHere’s Why Is Shiba Inu Price Crashing Daily?
-
Market21 hours agoCrypto Market Mirrors Nasdaq and S&P 500 Amid Recession Fears
-
Altcoin21 hours agoExpert Reveals XRP Price Could Drop To $1.90 Before Rally To New Highs
Arabic
Chinese (Simplified)
Dutch
English
French
German
Italian
Portuguese
Russian
Spanish
Vietnamese
✓ Share: