Expert Presents This New DeFi Coin As Lifeline As Investors Await Promising Trends On PEPE And XRP
The post Expert Presents This New DeFi Coin As Lifeline As Investors Await Promising Trends On PEPE And XRP appeared on BitcoinEthereumNews.com.
The frog meme, PEPE, and Ripple (XRP) are sporting losses in their trading timeframes, but their investors are optimistic about surges over the next few weeks. A whale has withdrawn a huge amount of PEPE tokens from Binance, and crypto analytics expect a rally from Ripple soon. However, there is a new DeFi coin that experts are tipping for gains. The new DeFi coin could be a lifesaver for most traders, too, as its presale is making waves across the crypto-verse. What’s the new DeFi token? And how will it be breaking into the crypto spotlight? Answers to that and more in a bit. PEPE Tokens Moved From Binance: What’s the Reason? It was a jaw-dropping move, the kind you won’t expect any blockchain monitor to miss, that occurred on the Binance platform last weekend. A crypto whale transferred about a million dollars worth of PEPE tokens to a personal wallet, leaving most traders to speculate on what the move means. LookonChain spotted the move, revealing that the whale holds about $9.53 million worth of PEPE coins at the moment. While many price actions could follow this move, one thing is certain: the PEPE price is about to get a lot more volatile. PEPE is down from its latest surge, trading at $0.0000096 with 5.64% losses in the past seven days. If any bull run is coming out of the token, traders are expecting it to be soon. Ripple Backs Kamala Harris for 2025 The co-founder of Ripple Labs, Chris Larsen, has donated over $1 million to US presidential candidate Kamala Harris’ campaign. Larsen’s logic behind the move is quite unclear, as the Trump campaign has been more vocal about supporting cryptocurrency should Donald Trump win the polls. The support for Harris is also coming at a particularly dicey time,…
Filed under: News - @ October 15, 2024 12:26 pm