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Breaking News: DOJ's Largest Bitcoin Seizure: $15 Billion In BTC Linked To Cambodian 'Pig Butchering' Scam

Ethereum (ETH), Pepe (PEPE) Price Rally Looming? New Token To Rally 5000%

Bitcoinist
by Bitcoinist
10 months ago
·
Posted in Altcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ethereum (ETH) is showing signs of a potential price surge, as recent developments suggest a possible rally towards 4,000 USDT. With the Ethereum ETF inflows gaining momentum,  holders are predicting a breakout above key resistance levels. 

At the same time, Pepe Coin (PEPE) is also attracting attention, with whale accumulation fueling optimism for a possible 7x price surge. Meanwhile, a new token, Minotaurus (MTAUR), is gaining traction in the crypto space, offering significant potential for early buyers.

Ethereum ETF Inflows Surge Amid Price Stability

Ethereum (ETH) has demonstrated strength recently, holding steady around 3,700 USDT despite broader market volatility. The increasing inflows into spot Ethereum ETFs, such as Fidelity’s FETH and BlackRock’s ETHA, have sparked renewed interest in ETH. On December 3, a total of 132 million USDT was added to these spot Ethereum ETFs, marking a noteworthy rise in holder activity. 

This surge is seen as a potential catalyst for ETH’s price movement, with analysts predicting that ETH could soon break above the 3,800 USDT level, potentially triggering a rally toward 4,000 USDT or 7,346 USDT.

Source: X

In addition to ETF inflows, Ethereum’s on-chain activity is also showing promising signs. November’s on-chain volume reached 183.7 billion USDT, indicating a rise in overall network usage. This is further supported by the fact that Ethereum’s native currency, ETH, has largely remained immune to the altcoin market rally, unlike its peers such as XRP, ADA, and BNB. This could indicate that ETH is poised for a surge once its breakout above key resistance levels occurs.

Pepe Coin (PEPE) Shows Potential for 7x Price Surge

Pepe Coin (PEPE) is also witnessing increased attention, with significant whale accumulation fueling hopes for a price surge. Recent on-chain data shows that a whale wallet has accumulated a staggering 337.09 billion PEPE tokens, worth over 6.9 million USDT, over the past 20 days. 

This accumulation comes amidst a general increase in market interest, with over 334,000 addresses now holding PEPE. This surge in demand, coupled with strong buying pressure, has led some analysts to predict a 7x price surge for PEPE in the near future.

Source: X

Currently priced at 0.00002065 USDT, PEPE has already shown a rise of 12% over the past week and a striking 154% over the past month. Concurrently, according to market insights shared by CW (@CW8900), PEPE’s short-term target price is set at 0.000025 USDT, with a middle-term target of 0.000034 USDT.

Minotaurus (MTAUR): A New Token with 5000% Potential

Amidst the price surges of Ethereum and Pepe Coin, a new blockchain project called Minotaurus (MTAUR) is generating significant buzz. Currently in its presale phase, MTAUR has already seen a price increase from 0.000040 USDT to 0.00006401 USDT, offering early buyers an opportunity to purchase at a steep cut. The token’s listing price is expected to be 0.00020 USDT, presenting a potential 5000% increase for those who get in early.

Minotaurus is designed for the blockchain gaming ecosystem, providing a utility-focused token that can be used to buy virtual assets such as characters and in-game items. The platform also encourages community engagement, with 10% of the total token supply allocated to incentivize participation. In addition to its presale success, MTAUR has undergone audits by SolidProof and Coinsult, ensuring that the project meets industry standards for security and transparency.

For buyers interested in MTAUR, the presale has collected over 515,000 USDT, bringing it closer to the 550,000 USDT milestone. The project is also offering an incentive system that includes a total of 100,000 USDT, with one grand prize of 50,000 USDT for a lucky buyer. These incentives are expected to drive further interest in the token as the presale continues.

Website: http://minotaurus.io/
Announcements: https://t.me/minotaurus_official
Chat: https://t.me/minotaurus_chat
Twitter: https://twitter.com/minotaurus_io

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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