[ad_1] You have probably been closely following the journey of Pepe Unchained (PEPU), which recently wrapped up its ICO after raising an impressive $10 million in just two months. This success story has made headlines, particularly as Pepe Unchained promises to revolutionize the meme coin space with its own Layer 2 blockchain. However, with the ICO now completed, investors are turning their attention to a new contender in the market Mpeppe (MPEPE), a token that’s garnering attention for its potential 100x returns. Pepe Unchained (PEPU): A Milestone in Meme Coins Pepe Unchained (PEPU) has been a significant player in the…
Author: dfrancis36
[ad_1] Dogecoin (DOGE), the meme coin that started as a joke but quickly turned into a crypto powerhouse, has long been a favorite among cryptocurrency enthusiasts. However, even the most devoted Dogecoin (DOGE) whales are starting to shift their focus toward a new rival in the meme coin market: Mpeppe (MPEPE). Priced at just $0.001777, Mpeppe (MPEPE) is rapidly gaining traction as the next big thing in the crypto world. Here’s why some of the biggest Dogecoin (DOGE) holders believe Mpeppe (MPEPE) is the future. The Dogecoin (DOGE) Legacy Dogecoin (DOGE) has had an incredible journey since its creation in…
[ad_1] On-chain data has provided insights into how Cardano (ADA) investors will likely react to the crypto token’s recent price surge. Cardano has been one of the leading gainers in the crypto market in the last seven days, with a price gain of over 14% during this period. Related Reading Cardano Could Face Significant Selling Pressure Cardano could face significant selling pressure from investors who recently entered the money following the crypto token’s price surge. Data from the on-chain analytics platform Santiment shows that over an additional 12% of Cardano’s supply is now in profits, which could pave the way…
[ad_1] Bitcoin was not a big topic at the Democratic National Convention (DNC) this week. None of the speakers at the event uttered a word about the electronic cash system or other crypto assets from the event’s main stage at Chicago’s United Center. And you’d have been hard pressed to have overheard a conversation on Bitcoin or crypto anywhere in the halls of the arena either.However, despite the fact that Democrats chose not to include Bitcoin or crypto in their official platform, some high-ranking Democrats did say this week that a Harris administration would be more pro-Bitcoin and pro-crypto than…
[ad_1] Coinbase has added Ethereum (ETH) layer-2 Polygon’s yet-to-be-launched native token to its listing roadmap. Making the announcement via social media platform X, the top US crypto exchange says it has placed Polygon’s POL on its listing roadmap, which the exchange created in 2022 for the purpose of transparency and to prevent front-running of token listings. POL is the upcoming rebrand of Polygon’s MATIC, which is slated for launch on September 4th, according to Polygon Labs. MATIC will ultimately be replaced by POL as the native gas and staking token for Polygon in the initial phase of the transition. In…
[ad_1] In a week marked by economic anticipation and turbulence, the crypto market experienced a rollercoaster ride as the Bitcoin price surged and retreated in response to Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole Economic Symposium. Bitcoin Price Rallies On Powell’s Dovish Tones Powell’s remarks struck a dovish tone, indicating that the central bank is open to further interest rate cuts in the coming months to address potential cooling in the labor market. This stance was positive for risk assets like Bitcoin, as it signals a more accommodative monetary policy stance from the Fed. Related Reading Indeed,…
[ad_1] After reaching new all-time highs earlier this year, Bitcoin has entered a multi-month period of choppy price action, leading many to wonder if the bull cycle is over. In this article, we dive deep into key metrics and trends to understand if the market is just cooling off or if we’ve already seen the peak for this cycle.Fundamentally Overvalued?One of the most reliable tools for gauging Bitcoin’s market cycles is the MVRV Z-Score. This metric measures the difference between Bitcoin’s market cap and its realized cap, or cost-basis for all circulating BTC, helping investors determine whether Bitcoin is over…
[ad_1] Shiba Inu’s Shibarium recently suffered a major setback following a massive crash in active accounts on the layer-2 network. This development undoubtedly presents a bearish outlook for Shiba Inu, considering Shibarium’s impact on the meme coin’s price. Related Reading The Shiba Inu Shibarium Records 97.6% Crash In Daily Active Accounts Data from Shibariumscan shows that the layer-2 network suffered a 97.6% crash in its daily active accounts between August 20 and 22. Daily active accounts on Shibarium peaked at 2,955 on August 20. However, this figure significantly declined on August 21, dropping to 341, and further tumbled on August…
[ad_1] On-chain data shows that Bitcoin investors have recently been participating in accumulation at a rate five times that of miners’ production. Bitcoin Investors Have Been Doing Significant Net Accumulation Recently In a new post, analyst James Van Straten talked about how the demand among Bitcoin investors currently compares against the monthly issuance on the network. The “monthly issuance” here refers to the amount of Bitcoin miners have “issued” on the network during the past month. Miners produce new BTC when they mine new blocks and receive block subsidies as compensation. The chart below shows how the Bitcoin monthly issuance…
[ad_1] A closely followed crypto strategist believes that one top-10 altcoin is about to move another leg up. Pseudonymous analyst Altcoin Sherpa tells his 215,400 followers on the social media platform X that that he thinks BNB, the native asset of the DeFi protocol Binance Smart Chain, will witness higher prices this year. He also believes that the expected release next month of Changpeng Zhao (CZ), the former CEO of Binance, could be a bullish catalyst for BNB. “BNB is still one of the better majors out there right now; also going to coincide with CZ’s release date about a…