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cryptocrash – Cryptocurrencypanther https://cryptocurrencypanther.com Latest Crypto News Wed, 22 Jun 2022 20:25:16 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://cryptocurrencypanther.com/wp-content/uploads/2021/07/cropped-Cryptocurrency-e1626714913653-32x32.png cryptocrash – Cryptocurrencypanther https://cryptocurrencypanther.com 32 32 Leading the Way Out of the Crypto-Crash – Ethereum (ETH), Cardano (ADA) and Mehracki (MKI) https://cryptocurrencypanther.com/2022/06/22/leading-the-way-out-of-the-crypto-crash-ethereum-eth-cardano-ada-and-mehracki-mki/ https://cryptocurrencypanther.com/2022/06/22/leading-the-way-out-of-the-crypto-crash-ethereum-eth-cardano-ada-and-mehracki-mki/#respond Wed, 22 Jun 2022 20:25:16 +0000 https://cryptocurrencypanther.com/2022/06/22/leading-the-way-out-of-the-crypto-crash-ethereum-eth-cardano-ada-and-mehracki-mki/

After a pretty bleak week in the crypto-verse, a lot of currencies are starting to show major signs of recovery. However, some prices are still  at all-year lows right now. Let’s examine why many experts are saying the same thing at the moment: now could well be a once-in-a-lifetime opportunity to invest in cryptocurrency. 

Will Ethereum go back up? Where is the best place to put your money? Let’s check out two well-established cryptos in Ethereum (ETH) and Cardano (ADA), as well as an exciting newcomer to the scene, Mehracki (MKI).

Ethereum (ETH) – Michaël van de Poppe says Now is the Time to Invest

Founder of the famous BNO news and world-renowned crypto-strategist Michaël van de Poppe has given a morale boosting prediction for Ethereum (ETH) over the weekend, along with other altcoins. He tweeted to his 611,800 followers that he is expecting huge rallies for Ethereum (ETH), Cardano (ADA), Fantom (FTM), Avalanche (AVAX) and Polygon (MATIC).
Ethereum (ETH) dropped to under $1000 this weekend, for the first time since January 2021. That’s an 80% drop from its all-time high in November 2021.

However, van de Poppe sees this as a glorious opportunity to buy while prices are low. 

“Triple-digit ETH is…a chance of a lifetime.” He tweeted.

Ethereum (ETH) is up 6.62% at the time of writing, at $1,123.54, so it is already showing early signs of what could be a huge recovery.

Cardano (ADA) – It Always Bounces back
Historically, the seemingly invincible Cardano (ADA) has always bounced back from the kind of retreat in the market that we are currently witnessing. Every time that it has dropped as it did last week, it has only ever stayed bearish for 50-60 days. This is excluding one isolated period late last year after its all-time high when it had a bearish period that lasted for 106 days.

Cardano (ADA) has always rallied dramatically after bearish periods. It is up 4.60% in the last 24 hours to $0.4976. Many investors will have an eye on how it performs in the coming weeks. Cardano (ADA) needs to reclaim the critical price of $1 again if it wants to recover the recent losses.

Mehracki (MKI) – Love, Soul and Potentially Huge Profits
A new meme coin, currently available on presale, is preparing to take the crypto-verse by storm. Mehracki (MKI) is entering the scene with a breath of fresh air, and its timing could not be better. Everyone is crying out for some positive vibes, and that is exactly what the developers at Mehracki (MKI) are bringing to the table.

Developed on the Solana (SOL) blockchain, Mehracki (MKI) derives its name from the word Mehraki, which means to do something with love, soul and creativity. These are the core principles of its creators and it’s just what the world needs right now.

Most existing meme coins don’t really offer much in the way of actual utility and don’t provide many rewards. They depend mainly on their community to promote the crypto.

However, Mehracki (MKI) is different. It provides a whole host of rewards and has a genuine use case that will bring huge benefits to its users in the hospitality and tourism industry. Users will be able to pay for hotels, food and other utilities using the MKI token, without the need to pay currency conversion fees. Companies will in turn be able to offer discounts thanks to these savings on third-party commissions.

There will be a flat fee of 0.5% for each transaction on the Mehracki platform which will be poured back in to help maintain the ecosystem and to issue rewards.

Whether you are banking on big hitters like Ethereum (ETH) or Cardano (ADA) to show their durability and start rising again, or you want to invest in a newcomer with its fresh new take on the meme coin world, one thing looks certain – now could a fantastic time to invest in cryptocurrency.

Learn more about Mehracki (MKI):

Presale:https://buy.mehracki.io/register
Website:http://mehracki.io



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Dogecoin: How is Elon Musk’s favorite memecoin faring on cryptocrash? https://cryptocurrencypanther.com/2022/05/15/dogecoin-how-is-elon-musks-favorite-memecoin-faring-on-cryptocrash/ https://cryptocurrencypanther.com/2022/05/15/dogecoin-how-is-elon-musks-favorite-memecoin-faring-on-cryptocrash/#respond Sun, 15 May 2022 17:06:37 +0000 https://cryptocurrencypanther.com/2022/05/15/dogecoin-how-is-elon-musks-favorite-memecoin-faring-on-cryptocrash/

In the highly volatile and fluctuating cryptocurrency market, the most popular stablecoin has begun to tremble. Due to the de-pegging of UST, the cryptocurrency price has reached US$0.00004548.

The collapse of Terra, as well as the trust in all cryptocurrencies and projects, has alarmed crypto investors.

In the midst of the major drop in the price of Terra, Elon Musk, the most popular crypto influencer for a few cryptocurrencies, has claimed that he will help revive the price of a memecoin, Dogecoin. Due to the red flags in the cryptocurrency market, crypto investors are extremely tense.

With the help of Elon Musk, Dogecoin may be able to increase its price as a memecoin. With a current CoinMarketCap ranking of 228, the collapse of Terra has surprised us all.

Could Elon Musk save Dogecoin?

Dogecoin was created as a memecoin to mock the most popular cryptocurrencies on the market. However, thanks to its innovative features, it has become a popular cryptocurrency.

Elon Musk, the CEO of Tesla, SpaceX, and the most recent owner of Twitter, is a top crypto influencer and a proponent of Dogecoin in the cryptocurrency market. With his cryptic tweets, he is known for using the Musk effect to influence the masses.

Investors in Dogecoin have begun to rely on Elon Musk to allow the cryptocurrency to be traded on Twitter. Elon Musk tweeted during the Terra crash that Dogecoin, as a memecoin, still has the potential to be a strong cryptocurrency.

However, Terra’s crashing and shocking news has dominated his tweet, and no one seems to be excited about it. The price of Dogecoin has risen from US$0.1172 to US$0.1270 as a result of the tweet.

In the highly volatile cryptocurrency market, Dogecoin is the tenth most popular cryptocurrency. Memecoin’s current price is US$0.09357, with a market cap of US$12.29 billion and a volume of US$2.53 billion.

Elon Musk is well-known for providing funding to Dogecoin blockchain protocol and software developers.

Tesla has already announced that it will accept Doge cryptocurrency and will not accept Bitcoin or other cryptocurrencies. This boosted the cryptocurrency price prior to the Terra debacle. In the cryptocurrency market, he is known as the Dogefather.

In January 2022, he stated that he would eat a McDonald’s Happy Meal only if the fast-food chain began accepting memecoin as a form of payment. Elon Musk has also hinted that SpaceX may begin accepting Dogecoin as a suitable payment method via crypto wallets.





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