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New Cryptocurrency $0.00107 Leverages Ethereum (ETH)’s Power: Can It Become a Top Crypto?
New and innovative coins are constantly emerging. One such cryptocurrency, Mpeppe (MPEPE), is making waves with its unique approach and strategic use of Ethereum (ETH). This article explores the potential of Mpeppe (MPEPE) to become a top cryptocurrency and how it leverages Ethereum (ETH)’s power to achieve its goals. The Viral Potential of Memecoins Memecoins have the inherent ability to leverage the viral nature of internet memes and popular culture references. This can lead to rapid dissemination of the cryptocurrency’s brand and message across various online platforms, potentially attracting a larger and more diverse audience. Mpeppe (MPEPE) is no exception....
PEPE PRICE ANALYSIS & PREDICTION (December 8) – Pepe Gears Up For Another Rally Following 20% Surges Overnight
Following a two-week bounce from close support, Pepe broke higher and looks ready for a massive rally, although the price looks calm. Pepe ended last month’s trading super strong after going through a short pullback. This brought a little pause in the bullish momentum as the price revisited the previously broken resistance (yearly high) as support. Bouncing back in the late month, the price increased but fell slightly earlier this week. Intercepting the $0.0000188 level, the buyers pushed back and briefly broke higher to a new high of $0.000027 yesterday. That high was rejected, and the price dropped to $0.000025,...
Bitcoin futures open interest sees largest drop in two years amid market volatility
Bitcoin futures open interest sees largest drop in a year amid market volatility James Van Straten · 1 week ago Insights Bitcoin Sharp decline in BTC open interest marks return to healthier market levels. Quick Take On Aug. 5, global markets experienced wild volatility, prompting a detailed assessment of trading volumes to gauge the impact. A key measure was futures open interest, representing the total USD value allocated in open futures contracts. During this period, Bitcoin (BTC) prices plummeted from approximately $58,000 to $49,000. To accurately measure this, open interest in BTC terms was examined to avoid price influence. It...
