As the cryptocurrency market continues to experience volatility, some coins are thriving while others face significant challenges. One standout performer recently has been the new casino meme coin, Mpeppe (MPEPE), which has posted an incredible 45 consecutive days of green candles. While the broader market has shown uncertainty, Sui (SUI) sharks have noticed Mpeppe’s impressive rally and are taking long positions on this meme coin, currently priced at $0.0021. Mpeppe (MPEPE): A Meme Coin that Keeps On Giving Mpeppe (MPEPE) has emerged as a fast-growing meme coin with significant traction in recent weeks. Its presale has been met with overwhelming demand, with Stage 4 of the presale already 66% sold out. The current price of $0.0021 has attracted attention from both retail investors and institutional players, particularly from Sui (SUI) investors who are looking for opportunities in an otherwise slow market. Mpeppe’s casino-themed ecosystem has struck a chord with the community, offering not only humor and virality but also real use cases in the gambling and decentralized finance (DeFi) space. The project’s success can be attributed to its strong community backing, potential for exponential gains, and viral marketing that has helped drive its token price upward even as other cryptocurrencies falter. Sui (SUI): A Technology-Driven Project with Hurdles Sui (SUI), known for its groundbreaking technological advancements, has been a notable player in the crypto market. Developed by Mysten Labs, Sui aims to make financial access available to underserved communities globally, particularly through its offline cryptocurrency transaction technology. This technology allows users to conduct transactions without the need for an internet connection, a game-changer for regions with limited financial and technological infrastructure. This innovation has garnered attention for its potential to bridge the financial divide, particularly in areas such as Africa, where traditional banking services are often inaccessible. Sui’s use of mobile networks and electromagnetic waves to transmit transactions offline demonstrates the project’s commitment to enhancing financial inclusion. However, despite these technological advances, Sui has faced challenges in the market. Since its debut in May 2023, the SUI token has experienced a significant price collapse of 65%, now priced at $0.81. The market downturn has left Sui investors looking for alternative opportunities to recoup losses and capitalize on new trends—enter Mpeppe (MPEPE). Sui Sharks Take Notice of Mpeppe’s 45-Day Rally As Sui investors seek to diversify their portfolios, many are turning to Mpeppe (MPEPE) as a promising investment. The meme coin’s unprecedented 45-day green candle streak has caught the attention of Sui sharks, who are now taking long positions in Mpeppe. With Mpeppe’s presale showing no signs of slowing down, these investors are hoping to ride the wave of success that Mpeppe has built. This shift in focus from Sui to Mpeppe is understandable given the current market conditions. While Sui’s long-term technological goals are commendable, the immediate returns offered by Mpeppe’s rapid growth make it an attractive option for those looking to capitalize on short-term gains. The casino meme coin’s strong community support and viral appeal have created a momentum that is difficult to ignore. Mpeppe’s Appeal to Institutional Investors Mpeppe’s success isn’t just drawing in retail investors; institutional traders are also paying attention. The coin’s steady growth, combined with the community’s enthusiasm, has made it a prime target for larger investors seeking to capitalize on emerging trends in the cryptocurrency market. With each stage of the presale being rapidly sold out, Mpeppe is positioning itself as a meme coin with serious potential for long-term growth. For Sui investors who have been waiting for the SUI token to break its $1 barrier, Mpeppe offers a compelling alternative. With Mpeppe’s price currently at $0.0021 and rising quickly, investors are seeing an opportunity to get in early on a project that could deliver significant returns. The Future’s Looking Bright For Mpeppe As the market continues to fluctuate, Mpeppe’s (MPEPE) ability to maintain a 45-day streak of green candles is a testament to its strength in an otherwise challenging environment. The casino meme coin’s presale success, combined with the growing interest from both retail and institutional investors, suggests that Mpeppe could be poised for even more growth in the coming months. For Sui investors, Mpeppe represents a chance to diversify and take part in the booming meme coin market, while still holding onto their long-term positions in Sui. As Mpeppe continues to gain momentum, its potential for 100x gains becomes increasingly realistic, making it an attractive option for those looking to capitalize on the next big thing in the crypto space. In conclusion, Mpeppe’s rise comes at a time when the market is looking for new and exciting opportunities. Sui sharks and retail investors alike are flocking to this fast-growing meme coin, and with the momentum building, Mpeppe’s future looks incredibly bright. Whether or not Sui breaks its $1 barrier, Mpeppe is well on its way to becoming a major player in the meme coin market. For more information on the Mpeppe (MPEPPE) Presale:  Visit Mpeppe (MPEPPE) Join and become a community member:  https://t.me/mpeppecoin https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ  

The cryptocurrency market has been experiencing significant downward pressure, with major coins like Bitcoin (BTC) and Ethereum (ETH) leading the charge. On September 6, 2024, Ethereum witnessed a sharp drop of 8.12%, causing a wave of uncertainty within the ETH community. This recent decline has left investors scrambling for alternative opportunities to protect their portfolios from further losses. One of the standout contenders that investors are turning to is Mpeppe (MPEPE), a meme coin that has been defying the bearish sentiment, experiencing a massive 150% rally during its presale. Investors Seeking Alternative Routes: Mpeppe (MPEPE) Shines As Ethereum’s price continues to bleed, many ETH investors are actively seeking out new opportunities to protect their portfolios. One of the emerging winners in this climate of uncertainty is Mpeppe (MPEPE), a meme coin that has been gaining significant traction in recent weeks. Unlike Ethereum, which has seen outflows and declining prices, Mpeppe has been riding a wave of enthusiasm, particularly during its presale, which has now entered Stage 4. Mpeppe’s presale has raised over $1.8 million, with 66.33% of tokens sold. The token’s presale price currently stands at $0.0021 USDT, making it an attractive option for investors looking to diversify their portfolios and capture potential gains. With Mpeppe defying the broader market trends, it is fast becoming the go-to choice for those looking to escape the bearish grip of Ethereum and other major altcoins. Ethereum’s Decline Triggers Market Decline Ethereum’s recent drop of 8.12% follows a broader decline in the crypto market. Over the past 24 hours, the total market value of cryptocurrencies has fallen below $2 trillion, reflecting a significant 1.94% decrease to $1.96 trillion. This market-wide downtrend has raised concerns among investors, especially those holding Ethereum. As ETH’s price slipped to $2,351, the decline has led to increased outflows from its ETF products, amounting to -$152.72k, according to tracking services. Market sentiment surrounding Ethereum has shifted drastically, with the crypto fear and greed index dropping to a worrying 22, indicating “extreme fear.” Historically, September has been a month where the bears dominate the market, and Ethereum’s sharp decline only adds to the concerns that ETH might struggle to regain momentum anytime soon. Why Mpeppe Stands Out in a Bear Market Mpeppe’s strong presale performance is driven by several key factors. First, the meme coin’s growing community has shown immense support, helping to create a buzz that has translated into rising demand for the token. Second, its low price during the presale makes it an appealing investment for those looking to enter at an early stage with the hope of realizing significant returns once the coin is officially launched. Furthermore, as the broader market struggles, meme coins like Mpeppe often benefit from speculative interest. Investors, especially those disillusioned by the performance of established cryptocurrencies like Ethereum, are drawn to the potential of high-risk, high-reward projects. Mpeppe’s 150% rally during its presale demonstrates that, even in a down market, there are opportunities for significant gains. Ethereum’s Uncertain Short-Mid Term Future While Mpeppe continues to gain momentum, Ethereum’s future remains uncertain. Despite being the second-largest cryptocurrency by market capitalization, ETH has been unable to maintain its price above critical support levels. Currently trading at $2,351, Ethereum faces the risk of further declines if market sentiment does not improve. Analysts have warned that ETH could drop to as low as $2,200, putting additional pressure on the already-fragile confidence of investors. The current bearish trend for Ethereum is further exacerbated by the broader market’s performance. Bitcoin, the leading cryptocurrency, has also seen significant losses, with its price falling to $55,728. As Bitcoin and Ethereum struggle to find support, the entire altcoin market has been dragged down with them, leading to increased selling pressure across the board. Is Mpeppe as a Safe Haven? In the face of Ethereum’s recent 8.12% drop and the broader market downturn, investors are increasingly turning to alternative assets like Mpeppe (MPEPE) to save their portfolios. With its strong presale performance, growing community support, and potential for significant gains, Mpeppe stands out as a promising investment opportunity in an otherwise bearish market. While Ethereum’s future remains clouded by uncertainty, Mpeppe’s momentum shows no signs of slowing down. As the token moves through Stage 4 of its presale, raising over $1.8 million, investors are quickly realizing that this meme coin could be the key to weathering the current storm in the crypto market. With Ethereum struggling to regain its footing, Mpeppe offers a glimmer of hope for those looking to diversify and capitalize on new opportunities. For more information on the Mpeppe (MPEPPE) Presale:  Visit Mpeppe (MPEPPE) Join and become a community member:  https://t.me/mpeppecoin https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ  

The cryptocurrency market is brimming with opportunities as major players like Injective Protocol (INJ), Avalanche (AVAX), and the up-and-coming Mpeppe (MPEPE) token take center stage. With increasing institutional interest and growing community support, these three tokens are positioning themselves for significant price movements in the months ahead. Let’s explore the latest price analysis for Injective and Avalanche (AVAX), and examine why Mpeppe (MPEPE)’s presale is drawing the attention of both retail and institutional investors. Injective Protocol (INJ) Price Analysis: Will INJ Break Resistance? Injective Protocol (INJ) is gaining traction as a top decentralized finance (DeFi) platform known for its cross-chain trading solutions. Injective Protocol (INJ) enables the seamless trading of futures, options, and other financial derivatives across multiple blockchains, making it a key player in the DeFi sector. INJ Price Prediction Analysts are closely monitoring Injective Protocol (INJ)’s price action as it faces resistance around the $8.0-$8.50 range. Breaking through this resistance requires sustained buying momentum and bullish market sentiment. If successful, the next target is $10.00, with some suggesting a move to $12.00. Failure to break resistance could lead to consolidation. Long-term outlook remains positive due to DeFi adoption and potential partnerships. Avalanche (AVAX) Price Analysis: What’s Next for AVAX? Avalanche (AVAX) is another project in the spotlight, known for its high throughput and low transaction fees. The blockchain’s unique consensus mechanism allows for sub-second finality, making it a favorite for developers building decentralized applications (dApps). AVAX Price Prediction Avalanche (AVAX) is trading between $18.00 and $22.00, with key resistance at $24.00. If it breaks past this, analysts suggest it could reach $30.00 in the coming months. If selling pressure increases, it could find support around $16.00. AVAX’s long-term potential is strong, with increasing institutional interest and user adoption. Mpeppe (MPEPE): Why This Presale Is Attracting Attention While Injective Protocol (INJ) and Avalanche (AVAX) are well-established in the market, Mpeppe (MPEPE) is quickly gaining traction as one of the most talked-about new tokens. This memecoin, which integrates DeFi and A.I. features, is positioning itself as a leader in the A.I.-powered decentralized casino sector. The Mpeppe (MPEPE) presale has attracted significant attention, particularly from investors looking for high-growth potential in an emerging market. Why Mpeppe (MPEPE) Is Gaining Momentum Mpeppe (MPEPE) is more than just a memecoin—it offers real utility through its DeFi integration and gaming platform. The combination of meme culture and DeFi protocols has made Mpeppe (MPEPE) a standout project, and the presale’s success is a testament to its growing popularity. Mpeppe (MPEPE), a token offering real financial incentives, is gaining interest due to its DeFi integration, AI-powered casino platform, and viral appeal. Users can participate in yield farming, liquidity mining, and stake, while the platform ensures fair gameplay and transparent results, enhancing user trust and engagement. Conclusion: The Future Looks Bright for INJ, AVAX, and Mpeppe (MPEPE) Whether you’re an investor in Injective Protocol (INJ), Avalanche (AVAX), or looking to get in early on Mpeppe (MPEPE)’s presale, these three tokens are worth keeping a close eye on. Injective Protocol (INJ) and Avalanche (AVAX) are solid bets for long-term growth in the DeFi and blockchain sectors, while Mpeppe (MPEPE) offers the high-reward potential of a meme-driven DeFi project with real utility in the gambling space. 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  

Bitcoin (BTC) is at a pivotal moment, with analysts predicting a potential recovery that could spark a broader cryptocurrency market surge. This recovery may benefit Bitcoin and provide upward momentum […] The post Bitcoin (BTC) On Track to a Recovery That Will Push Litecoin (LTC), Ripple (XRP), and RCO Finance Higher appeared first on Live Bitcoin News.

Litecoin, a peer-to-peer cryptocurrency, remained in a consolidation phase as open interest in the futures market remained muted and as whale activity rose. LTC whale activity increases Litecoin (LTC), created by former Google engineer Charlie Lee, was trading at $64,…

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Fed’s Waller Says Jobs Data ‘Requires Action,’ Open to Big Cut  Bloomberg

Despite the Chewy token’s near 30% rally, Gill’s cryptic post seems to suggest that he is dropping the Chewy company, not endorsing it.

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OKX SG’s MPI license from MAS allows extended digital payment and cross-border services. Gracie Lin’s proposal as CEO marks a significant leadership shift to improve local operations. OKX SG, the […] The post OKX Announce Ex-MAS Official as New CEO of OKX Singapore appeared first on Live Bitcoin News.

Solana, JasmyCoin, and other altcoins continued their strong sell-off this week as the crypto fear and greed index fell. Solana and Jasmy are in a bear market JasmyCoin (JASMY) dropped to a low of $0.01717, down by over 58% from…

A recent report from Glassnode, led by researchers Ukuriaoc and Cryptovizart, highlights growing stress among short-term bitcoin (BTC) holders. As market pressure mounts, these investors experience heightened unrealized losses, suggesting they may drive future sell-side activity. Glassnode: Unrealized Losses Climb for Short-Term Bitcoin Investors According to Glassnode’s onchain analysis, short-term bitcoin (BTC) holders are currently […]

Byju’s Auditor BDO Resigns Amid Bankruptcy Proceedings  Bloomberg

In 2024, the Bitcoin network reached a notable low in the number of active addresses, matching figures from three years ago when Bitcoin (BTC) was priced at around $45,000, according […] The post Bitcoin Active Addresses Drop to New Low in 2024 appeared first on Live Bitcoin News.

So far yet, cryptocurrency market has had little reaction to top Fed official's comments

Following an announcement in May, the stablecoin AUSD is now live on the Sui Network. This addition marks a significant step for Sui, expanding its range of native assets and […] The post AUSD Stablecoin Launches on Sui Network, Enhancing DeFi Ecosystem appeared first on Live Bitcoin News.

US August Jobs Report: Yellen Says Data Confirms Labor Market 'Quite Healthy'  Bloomberg

Shiba Inu executive breaks silence on meme coin comparison trend

Outflows from U.S. spot Bitcoin ETFs, or exchange-traded funds, surpassed $706 million this week as bears pushed Bitcoin to $53,304 — its lowest level since Aug. 5. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged $169.97 million…

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Ethereum (ETH) is currently facing significant selling pressure and fear after a 23% decline, bringing its price down to yearly lows at $2,200. One major concern for investors is the ongoing underperformance of ETH compared to Bitcoin, a trend that has persisted since September 2022. Since then, Ethereum has fallen 44% against Bitcoin. Related Reading: Ethereum (ETH) Triangle Formation Hints At A Double Bottom: Breakout and New ATH? This dramatic drop has left investors and traders questioning the reasons behind Ethereum’s struggle. A recent report from CryptoQuant offers some clarity, pointing to several factors that may be affecting ETH performance. As market participants continue to monitor ETH’s movements, many are left wondering whether the asset can regain momentum or if further downside is to be expected in the coming weeks. Ethereum Exposed: CryptoQuant Report Sheds Light The recent report from CryptoQuant offers clarity on factors currently affecting Ethereum (ETH). Declining on-chain activity, shrinking institutional interest, and the underwhelming performance of Ethereum ETFs compared to Bitcoin are among the key contributors to Ethereum’s struggles, with the ETH/BTC pair now sitting at 0.0425, its lowest level since April 2021. Ethereum’s underperformance seems to be tied to weaker network activity dynamics compared to Bitcoin. For instance, Ethereum’s total transaction fees have continued to decline, mostly attributed to the lower fees after the Dencun upgrade. The relative transaction count has also fallen dramatically, dropping from a record high of 27 in June 2021 to 11, one of the lowest levels since July 2020. Moreover, Ethereum’s supply dynamics are not supportive of a price increase. Since early April, the total supply of ETH has steadily grown following the Dencun upgrade. The current supply is at 120.323 million ETH, the highest level since May 2023.  Related Reading: Ethereum Enters Oversold Territory, Can The Pump Send It To $6,000? Additionally, traders and investors have shown a clear preference for Bitcoin over Ethereum, as the relative spot trading volume of ETH to Bitcoin has dropped from 1.6 to 0.76 in the past week. Ethereum’s price has historically risen relative to Bitcoin when its trading volume outperforms Bitcoin’s. Given these factors, Ethereum may continue to underperform compared to Bitcoin in the near future. ETH Price Action Ethereum (ETH) is currently trading at $2,262 after a significant 23% drop from its local highs. Volatility and uncertainty continue to drive the market as ETH tests local demand near its yearly lows of around $2,200. The cryptocurrency remains far below its 4-hour 200 moving average (MA) at $2,565, a critical indicator that typically signals market strength. For bulls to regain control, it is essential for the price to break above this moving average and challenge the local highs at $2,600. Related Reading: Bitcoin Fear And Greed Index Falls To ‘Extreme Fear’ As BTC Dips Below $54,000 However, if Ethereum fails to hold support at its yearly low of $2,200, the price will likely enter a deeper correction phase, potentially signaling the start of a bear market. This level is crucial for ETH’s short-term recovery, as losing it could trigger further selling pressure. Bulls need to retake these key levels to prevent ETH from slipping into prolonged bearish territory. Featured image from Dall-E, chart from TradingView

Crypto investors suffered the biggest liquidation in over a week as Bitcoin and most altcoins continued their downtrend.  Bitcoin and altcoins liquidations rise Data compiled by CoinGlass shows that total liquidations on Friday, Sep. 6, jumped to over $221 million,…

The prices of the native tokens of these projects with rising whale activity have declined over the last thirty days, reflecting market conditions.

Colombian Lawmakers Propose to Slash Budget to Avoid Tax Hikes  Bloomberg

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Between Sept. 1 and Sept. 7, 2024, the crypto market took a notable hit, shedding $170 billion in value. Bitcoin and ethereum were the main drivers of this downturn, responsible for 78.82% of the week’s losses. These two heavyweights saw their combined market caps shrink the most, dragging the entire market down with them. Crypto’s […]

Despite widespread initial criticism, El Salvador is sitting on over $31 million worth of Bitcoin profit.