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Nervos Network Bulls Add More Profits To Their Wallets With Gambling Token Mpeppe

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The Nervos Network (CKB) has seen substantial growth in recent months, making it a standout in the cryptocurrency space. Nervos Network (CKB) recorded a significant increase in value, climbing by 119% in just one week. As this bullish momentum continues, many investors are turning their attention to alternative opportunities to diversify their portfolios, and one token that’s catching their eye is Mpeppe (MPEPE), a new gambling token with massive growth potential.

Nervos Network’s Impressive Performance

Nervos Network (CKB) has experienced rapid growth in 2024, solidifying its position as a top-performing cryptocurrency. In just the past month, Nervos Network (CKB) saw its value rise from $0.0078 to $0.0157, representing a 102% increase. Over the past year, the token has surged by a staggering 469%, demonstrating its strong market presence.

Nervos Network (CKB) benefits from its unique architecture, which offers developers a flexible and scalable platform for building decentralized applications (dApps) and smart contracts. This two-layer structure allows Nervos Network (CKB) to offer a highly secure environment for blockchain transactions while enabling efficient scalability, making it a popular choice for both developers and investors.

With its impressive growth and solid fundamentals, Nervos Network (CKB) has attracted a loyal following of bulls who continue to add more CKB to their portfolios. However, many of these investors are now diversifying their holdings by investing in other high-potential tokens like Mpeppe (MPEPE), which has quickly gained a reputation for delivering substantial profits.

Mpeppe’s Explosive Growth Potential

Mpeppe (MPEPE) is a new entrant in the cryptocurrency market, specifically targeting the gambling and gaming sectors. The token has garnered attention due to its unique value proposition as a gambling token with a strong focus on delivering high returns for early investors. Mpeppe (MPEPE) has already made waves in the crypto community, with experts predicting a potential 150x return for investors who get in early.

The gambling industry is one of the fastest-growing sectors in the crypto space, and Mpeppe (MPEPE) aims to capitalize on this trend. The token offers users the ability to participate in decentralized gambling platforms, where they can bet on a variety of games and earn rewards. This decentralized approach to gambling removes the need for intermediaries, reducing fees and increasing transparency for users.

For Nervos Network (CKB) investors looking to diversify, Mpeppe (MPEPE) offers an exciting opportunity. The token’s focus on the gambling industry aligns well with the growing demand for decentralized finance (DeFi) solutions that provide real-world utility. With the potential for massive profits, many Nervos Network (CKB) bulls are adding Mpeppe (MPEPE) to their portfolios, confident that the token will continue to perform well in the coming months.

Nervos Network and Mpeppe: A Strong Combination

The combination of Nervos Network’s (CKB) strong performance and Mpeppe’s (MPEPE) growth potential makes for a compelling investment strategy. Nervos Network (CKB) has already proven itself as a reliable asset, with consistent gains and a robust infrastructure that supports the growth of decentralized applications. Meanwhile, Mpeppe (MPEPE) offers a high-reward opportunity for investors looking to capitalize on the growing gambling sector.

The growth of Nervos Network (CKB) has been fueled by its integration into major cryptocurrency exchanges and its ability to attract developers to its platform. Similarly, Mpeppe (MPEPE) is gaining traction thanks to its unique positioning in the gambling market and its potential to deliver significant returns. Together, these two assets offer investors a well-rounded portfolio that balances stability with growth potential.

Conclusion

Nervos Network (CKB) continues to be a top performer in the cryptocurrency space, with strong fundamentals and impressive growth over the past year. However, as savvy investors know, diversification is key to maximizing profits and minimizing risk. Mpeppe (MPEPE) offers an exciting opportunity for Nervos Network (CKB) bulls to diversify their portfolios and capitalize on the booming gambling industry.

With predictions of a 150x return, Mpeppe (MPEPE) has the potential to deliver substantial profits for early investors. By adding Mpeppe (MPEPE) to their portfolios, Nervos Network (CKB) bulls can benefit from the growth of both the decentralized finance and gambling sectors, positioning themselves for continued success in the volatile world of cryptocurrency.

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



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PONKE Price Skyrockets 19% On Binance Support, What’s Next?

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The Solana meme coin Ponke (PONKE) saw its price soar by 19% following Binance’s announcement of a USDⓈ-Margined PONKEUSDT Perpetual Contract. Set to launch on November 4, 2024, this contract offers users up to 75x leverage, signaling increased opportunities for traders and heightened optimism among PONKE supporters.

PONKE Price Rockets Amid Major Binance Support

According to Binance’s official announcement, the PONKEUSDT perpetual contract will go live on November 4 at 12:30 UTC, providing traders with 75x leverage and 24/7 trading. Key features include a tick size of 0.00001 and a capped funding rate of ±2.00%, with funding fees settled every four hours. Binance’s Multi-Assets Mode further allows users to utilize BTC as collateral, offering flexibility in margin trading. However, the exchange may adjust contract specifications, such as funding fees, leverage, and tick size, based on evolving market conditions, ensuring the asset aligns with market risk levels.

PONKE, built on Solana, benefits from the blockchain’s high-speed and low-cost transactions, catering to online traders and gaming enthusiasts. The coin’s community-driven design, distinct tokenomics, and accessibility through major exchanges contribute to its market appeal. Its #ponkyarmy community is particularly active, with governance roles and a dedicated social media presence that drive further engagement and growth.

Will The Rally Sustain?

Following the Binance listing news, PONKE’s price surged by 19%, currently trading at $0.49, with a 24-hour low of $0.43 and a high of $0.56. Its trading volume climbed to $77 million in the last 24 hours, indicating heightened interest. PONKE, with a market cap of $274 million, continues to capture the attention of meme coin enthusiasts. Besides, recent Coinglass data also highlights increased open interest for PONKE, signaling optimism for further gains.

PONKE Price Skyrockets 19% On Binance Support, What's Next?PONKE Price Skyrockets 19% On Binance Support, What's Next?

Launched in late 2023 with a total supply of 555 million tokens, PONKE has already achieved an all-time high of $0.70 four months ago. Its deflationary burn mechanism and community-driven features have positioned PONKE uniquely within the Solana ecosystem, drawing both meme coin fans and investors seeking growth in Solana-based assets.

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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.





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Crypto Market Awaits FOMC; How Will US Fed Rate Cut Impact Bitcoin & Altcoins?

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The crypto market eagerly awaits the upcoming FOMC interest-rate decision by the US Federal Reserve this week. It is one of the highly anticipated events this week, which is expected to shape the sentiments in the digital assets space, potentially setting the path for Bitcoin and other altcoins. Although the market is anticipating a dovish stance by the central bank, any other move could trigger a selling pressure in the market.

Crypto Market Enters Crucial Week With FOMC In Focus

The crypto market enters a crucial week with a flurry of events scheduled that could shape the future of digital assets. Among these, the market participants are eagerly waiting for the upcoming FOMC for cues over the central bank’s stance on their monetary stimulus plans.

Notably, concerns mounted over the past few days over a potential pause in the US Fed’s rate cut plans, especially with the economic data weighing on traders’ sentiment. However, the latest US Job report appears to have shrugged off concerns, while cementing bets towards a 25 bps Fed rate cut next week.

The latest Job data showed weaker job creation in the US in October, with the unemployment rate remaining unchanged from September. This has fueled hopes of two more rate cuts this year, one being in next week and the other in December. According to the CME FedWatch Tool, there is about a 99% chance of a 0.25% point cut in November.

CME FedWatch Tool Crypto MarketCME FedWatch Tool Crypto Market
Source: CME FedWatch Tool

This has also sparked investors’ hopes towards a potential rally for Bitcoin price and other top altcoins. Usually, the lower interest rates raise the risk-bet appetite of investors, potentially benefiting digital assets, stocks, gold, and other risker assets.

Will Bitcoin And Altcoins Rally?

The crypto market participants are anticipating the upcoming FOMC to trigger a rally in Bitcoin and altcoin prices. Besides, the US Presidential Election, scheduled for November 5, will also play a key role in shaping the future of the broader financial markets, let alone the digital assets space.

Notably, the market is anticipating a potential upward momentum for crypto, irrespective of Donald Trump or Kamala Harris’s victory. Although the market anticipates Donald Trump’s win to provide more boost to the crypto market, a recent Bitcoin price analysis suggests that Kamala Harris’s victory could also propel a market rally.

On the other hand, historically, Bitcoin tends to showcase a positive performance in the fourth quarter of the year. Having said that, the market anticipates a similar performance in 2024, while many expect the other altcoins to follow suit.

However, many in the crypto community also warned over potential volatility in the market due to the upcoming US election. Considering that, the investors should exercise due diligence while putting their bets into the assets.

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Rupam Roy

Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam’s expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news.
Rupam’s career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.

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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Altcoin Rally Won’t Happen Until 2025 As Bitcoin Eyes 60% Market Dominance

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While the Bitcoin (BTC) price has been eyeing a move above $70,000 recently, top altcoins like Ethereum (ETH), BNB, and Solana (SOL) have picked up much pace in this resurgence. Market analysts believe that it’s too early to call for an altcoin rally and might not happen in the fourth quarter of this year.

Don’t Expect An Altcoin Rally in Q4 2024, Here’s Why

Popular crypto analyst Benjamin Cowen stated that the current drop in the ALT/BTC pairs is mainly due to the drop in the net liquidity along with the strengthening of the U.S. Dollar Index (DXY). He believes that this trend will continue until 2025 while pushing the Bitcoin market dominance even higher this quarter.

Cowen predicts that BTC dominance will peak around 60% between September and December 2024, and might as well overshoot this milestone. He expects the dominance uptrend to end by early January 2025.

However, with the potential for interest rate cuts and the reintroduction of quantitative easing (QE), Cowen suggests that 2025 will bring about different market conditions that could shift the dynamics for altcoins. Here’s the list of some best altcoins to bet on before the rally begins.

Bitcoin Eyes 60% Market Dominance

As the odds of a Donald Trump victory in the upcoming US Presidential elections improve, analysts are hopeful that he might end the crypto regulatory headlock as seen during the Biden administration.

On the other hand, the demand for spot Bitcoin ETFs has skyrocketed this week clocking nearly $1.4 billion in inflows within the first three days of the week. The BlackRock Bitcoin ETF IBIT has been leading the pack taking its total inflows above $22.5 billion since inception in January. Vetle Lunde, the Head of Research at K33 Research writes:

“After super strong ETF flows lately, new milestones have been reached! Yesterday, U.S. spot ETFs surpassed 950,000 BTC under management, marking a new all-time high. These relentless flows have pushed global BTC ETP beyond 1.2m BTC for the first time”.

Another reason why Bitcoin dominates over altcoins is that the BTC whale transactions have reached their highest in over 10 weeks with 11,697 transfers exceeding $100,000 on Tuesday, earlier this week.

Furthermore, on-chain data provider Santiment reports that social media discussions have shifted heavily toward Bitcoin over altcoins, with the leading cryptocurrency accounting for more than a quarter of all crypto-related conversations. This comes as Bitcoin’s price surpassed $68,000 for the first time since July, drawing heightened attention from traders.

Courtesy: Santiment

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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.





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