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XRP Investors No Longer Believe Turn To New Gambling Token For 100x Profits

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The cryptocurrency market is a landscape of ever-shifting sentiments, where yesterday’s favorite can quickly fall out of favor, and new opportunities arise almost overnight. Ripple (XRP), once hailed as the savior of cross-border transactions, is facing skepticism among its investors despite its ambitious global aspirations. With Ripple’s latest developments, including the introduction of the RLUSD stablecoin and attempts to position XRP as a global currency, some investors are losing confidence and turning their attention to new opportunities, such as the rising gambling token Mpeppe (MPEPE), which promises the potential for 100x profits.

Ripple (XRP): Ambitious Plans, Uncertain Future

Ripple (XRP) has long been a cornerstone of the cryptocurrency market, particularly for its role in facilitating fast, low-cost international payments. Recent developments have seen Ripple making bold moves to cement its position as a global financial player. The introduction of RLUSD, a stablecoin backed by the US dollar, and the adoption of XRP Ledger for transactions by BRICS nations like India and the UAE are noteworthy strides.

However, these ambitious plans come with significant uncertainty. The RLUSD stablecoin, currently in its beta testing phase, is being trialed on both the XRP Ledger and Ethereum, raising questions about regulatory approval and market acceptance. Additionally, the shift by BRICS countries away from the US dollar to using XRP Ledger for oil payments marks a significant departure from traditional financial systems. While these moves signal Ripple’s global ambitions, they also introduce new risks that have some investors feeling uneasy.

Further compounding the uncertainty is Ripple’s grand vision for the future, as articulated by Yoshitaka Kitao, CEO of SBI Holdings. Kitao envisions XRP becoming a standard payment method in Japan by 2025, with all transactions passing through Ripple’s xRapid system. While this is an exciting prospect, the road to widespread adoption is fraught with regulatory challenges and the need for significant infrastructural changes, making some investors wary of Ripple’s ability to deliver on these promises.

Enter Mpeppe (MPEPE): The New Gamble for High Returns

As Ripple (XRP) grapples with these challenges, a new contender has emerged in the cryptocurrency space: Mpeppe (MPEPE), a gambling token that has captured the attention of those looking for high-risk, high-reward investments. Mpeppe (MPEPE), currently in its presale phase, has already shown strong promise with its potential for 100x returns, attracting investors who are eager to diversify away from the uncertainty surrounding Ripple.

Mpeppe (MPEPE) is designed as a token within the online gambling ecosystem, offering unique benefits to its holders. Unlike many speculative assets in the crypto space, Mpeppe has a clear use case that taps into the lucrative online gambling industry, which continues to grow rapidly worldwide. The token’s appeal lies in its dual function: it can be used both as a utility token within gambling platforms and as a speculative asset with the potential for significant appreciation in value.

The early success of Mpeppe (MPEPE)’s presale, with over $935,892 raised and more than 64.85% of tokens sold, reflects the growing interest in this project. Investors who are weary of the uncertain future of Ripple (XRP) are drawn to the straightforward value proposition of Mpeppe—a token that offers the excitement of gambling combined with the potential for substantial financial gain.

Why XRP Investors Are Making the Shift

The shift from Ripple (XRP) to Mpeppe (MPEPE) among investors can be attributed to several factors:

  1. Regulatory Uncertainty: While Ripple (XRP) is navigating complex regulatory landscapes, particularly with its RLUSD stablecoin, Mpeppe operates in a space that is less encumbered by these challenges. The gambling industry, while regulated, offers clearer pathways for growth, especially in the digital age.
  2. Potential for Exponential Returns: Mpeppe (MPEPE) promises the kind of exponential returns that early Ripple (XRP) investors once dreamed of. The prospect of 100x profits is highly enticing, especially when compared to the slower, more uncertain gains that XRP might offer as it seeks global financial dominance.
  3. Clear Use Case and Growing Industry: Mpeppe’s focus on the online gambling industry—a sector with immense growth potential—provides a clear and compelling use case. This is in stark contrast to the broader and more ambitious, yet uncertain, goals of Ripple (XRP) as it tries to position itself as a global currency.

Conclusion: A New Era of Investment

As the crypto market continues to evolve, so too do the opportunities for profit. Ripple (XRP) remains a significant player with ambitious plans that could reshape the global financial landscape. However, the uncertainty surrounding these plans has led some investors to seek alternatives.

Mpeppe (MPEPE) represents one such alternative, offering a high-risk, high-reward proposition that is increasingly appealing to those who are no longer confident in XRP’s long-term potential. With its strong presale performance and clear use case within the online gambling industry, Mpeppe is quickly becoming the go-to token for investors looking to 100x their wealth.

For those willing to take a gamble, Mpeppe (MPEPE) offers a fresh and exciting opportunity—one that could very well deliver the kind of profits that Ripple (XRP) once promised, but with a more straightforward and immediate path to potential success.

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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