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Most Valuable Cryptocurrencies: Pepe Coin, Dogecoin & DogeMiyagi Show Promising Movement For August 2023

By
TI Partners
-
0

The market is volatile, and it’s vital that you understand exactly what you are investing in. August 2023 has seen a surge of attention towards meme coins, with icons like Pepe Coin (PEPE), Dogecoin (DOGE), and the rising star, DogeMiyagi (MIYAGI). These platforms have performed well, so they make the list of the top most valuable cryptocurrencies. Let’s explore and find out what the fuss is all about. We will dive into DogeMiyagi and explore the features that make this project seem promising.

Pepe Coin: The Enigmatic Front-Runner

Pepe Coin, a familiar name in the meme coin landscape, has etched its presence as an emblem of meme culture. Sporting the charismatic Pepe the Frog, this coin has garnered a dedicated following, utilizing humor to bridge the gap between currency and amusement. The coin’s inception hinges on the fusion of comedy and investment, birthing a digital asset encapsulating both worlds. Pepe Coin is currently worth around $0.00000136, a bit lower than its peak value of $0.00000190 in July. The trend suggests more drops soon, and Pepe Coin could dip to around $0.000001 again. Looking ahead, there’s a chance PEPE could go up and reach about $0.000003 by 2024, creating a potential tenfold increase.

DogeMiyagi: The Ascent of a Rising Phoenix

Let’s talk about DogeMiyagi, a fresh face in the meme coin world that’s been making quite a splash. What’s cool about it? Besides being one of the most valuable cryptocurrencies, it’s got this intriguing backstory and a forward-thinking approach that’s catching a lot of attention. The concept revolves around Mr. DogeMiyagi, this mysterious mentor with some profound life lessons. As the new player, it is safe to invest in DogeMiyagi. According to analysts, DogeMiyagi is set to increase its value from $0.005 to $0.018 by the end of 2030. The 4th presale is set to bring promising returns for the early investors. Also, being built on the Ethereum blockchain, the securities offered by the platform make DogeMiyagi a safe investment.

Dogecoin: The Enduring Juggernaut

Besides the lively Pepe Coin and the promising DogeMiyagi, we’ve got Dogecoin – a name practically a legend in the world of meme coins. Created as a fun nod to the Shiba Inu dog, Dogecoin became an absolute meme superstar. It first came to life in 2013 and quickly became known for its friendly and approachable vibe, making it stand out. As of this writing, Dogecoin is up by 2.71%, with its volume increasing about 15.06% in the last 24hr. Many cryptos gurus put DOGE between $0.09956 and  $1.16 by the end of 2030.

Charting the Meme Coin Future

Pepe Coin, Dogecoin, and DogeMiyagi are enthusiastic players in the exciting world of meme coins, each bringing their unique flavor and outlook. Pepe Coin’s journey is all about fun and building a sense of community. Dogecoin, on the other hand, stands strong as a symbol of togetherness and reliability. And then there’s DogeMiyagi, venturing into new territories of growth and knowledge. The market’s a real competition; getting a grip on how these platforms work is vital. But when it comes to DogeMiyagi, you’re in for a treat because it offers a lot more features. If you’re looking for something promising, their 4th presale is where you want to be. This could be your chance to see some great returns on your investment. So, why wait? Join the presale and let your luck shine on you. Be a part of the community and become one of the most valuable cryptocurrencies.

 

To learn more about DogeMiyagi (MIYAGI):

Website: https://dogemiyagi.com

Twitter: https://twitter.com/Dogemiyagi

Telegram: https://t.me/dogemiyagi

Solana’s Investment Inflows, Ripple’s Momentum & Signuptoken.com’s Promise: A Journey Of Inflow, Rally & Uprising

By
TI Partners
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0

Solana investment inflows are making some serious waves in the market. Both Solana (SOL) and Ripple (XRP) are riding high, thanks to their undeniable strengths. However, as these giants dance to the tunes of growth, there’s an emerging star ready to groove and make your heart sway – Signuptoken.com (SIGN).

Investing enthusiasts and crypto enthusiasts, fasten your seat belts, because if Solana and Ripple are the main course, then SignUp Token might just be the delightful dessert you didn’t know you craved!

Solana Investment Inflows On A Steady Climb

Recent metrics show a remarkable Solana crypto pump. Solana stands out from the crowd – not just for its resilience, but for its impressive inflows as well. The altcoin has experienced the “largest inflows, totalling $9.5m, the largest single week of inflows since March 2022.” This whopping interest has boosted Solana’s Assets Under Management (AUM) to a healthy $89 million, easily surpassing stalwarts like XRP, Cardano, and Polygon.

Ripple Network’s Strong Waves

In terms of inflows, how can we ignore the titan? Especially with the term Ripple vs SEC ringing in every crypto investor’s ear. XRP hasn’t just survived the storm; it’s thrived amidst it. Experiencing a surge in its value by an impressive $2.6 million in just a week, its inflows for the year touch a jaw-dropping $10 million.

And while others tried, only Solana and Bitcoin have gotten close. This surge can be linked to the landmark court decision on July 13, validating XRP as a nonsecurity asset, creating ripples across the market.

Positioning SignUp Token: A Lucrative Prospect

Among the myriad of new crypto coins, SignUp Token (SIGN) is ready to break through as the top contender. SIGN is more than just another token; it represents the evolution of crypto, balancing between meme coins and hard-hitting projects.

The project’s potential for a price explosion is due to its alluring presale price and solid ROI potential. Investors and enthusiasts should take note of SignUp Token’s mission: to blend speed, transparency, and security with a touch of innovation. With a solid roadmap, community backing, and a 10% referral bonus, SIGN is poised to become a crypto mainstay.

Furthermore, SIGN prides itself on being at the forefront of privacy and security, ensuring that users experience safe, seamless transactions. This commitment, paired with a robust social media presence and unwavering community support, sets the stage for exponential growth.

The presale price of SIGN at $0.01 is a tantalizing proposition for a token of such calibre. In the vast ocean of cryptocurrencies, SIGN doesn’t just float but promises to sail straight “to the moon”.

Conclusion

Navigating the crypto space is both thrilling and complex. Despite the increasing Solana investment inflows and Ripple’s dominance, Sign Up Token’s alluring presale offers an opportunity that cannot be ignored.

SIGN is a fully decentralized token that is primed for success, focusing more on community than market hype. If you’re seeking long-term growth, transparency, and a strong project, SIGN might be your golden ticket.

Signuptoken.com could very well disrupt the crypto equilibrium, potentially delivering staggering returns for early adopters. The price could rise from $0.01 to $0.72 post-pre-sale, which is over a 2300% increase.

Invest in the SignUp Token presale early for the best returns and ride the wave of the next altcoin rally.

 

Signuptoken.com:

Website: https://www.signuptoken.com

Twitter: https://twitter.com/_SignUpToken_

Telegram: https://t.me/SignUpToken

Ripple vs SEC Result Sparks Crypto Surge: How Will This Affect XRP, Dogecoin and Scorpion Casino Token?

By
TI Partners
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0

The Ripple vs SEC result in favour of Ripple Labs has sent positive shockwaves through the crypto market, igniting a renewed interest in cryptocurrencies. Top cryptos, including the likes of Bitcoin (BTC), Dogecoin (DOGE) and Ethereum (ETH), surged after the ruling, signalling a positive sentiment in the industry. Amidst this exciting development, the new kid on the block, Scorpion Casino Token (SCORP), eagerly awaits its time to shine and could benefit from the recent crypto boom.

Ripple’s Victory Sends Positive Sentiment Through Market 

Ripple’s XRP has long been embroiled in a legal battle with the SEC, causing uncertainty for investors and the broader crypto community. However, the recent court ruling partially in favour of Ripple brought a sigh of relief for the XRP enthusiasts. The judge declared that XRP is not a security but only in regard to programmatic sales on exchanges. While the ruling did not entirely clear Ripple of security status in regards to institutional investors, it still paved the way for a significant positive impact on the crypto market. Investors and enthusiasts alike have embraced the victory, leading to a surge in Ripple’s price and a bullish outlook for the overall crypto landscape. The ruling has bolstered confidence among investors, highlighting the importance of regulatory clarity and providing a positive outlook for the broader crypto industry.

Dogecoin Surges 8% Following Ripple vs SEC Result

In the meme coin realm, Dogecoin has made a significant impact, paving the way for the entire category. Among the top cryptos, Dogecoin saw remarkable gains following the Ripple vs SEC result, gaining almost 8% in value within 24 hours of the ruling. Prior to the ruling, Dogecoin was facing critical resistance and bearish investor sentiment. This surge demonstrates the dynamic and responsive nature of meme coins, captivating the market with their unpredictable yet opportunistic volatility.

The Ripple Effect on Scorpion Casino Token

Amidst the excitement surrounding the SEC result and the soaring prices of established cryptocurrencies, Scorpion Casino Token steps into the spotlight as a promising newcomer. Empowering the Scorpion gaming ecosystem, this token is building the number one social online gambling platform, revolutionising the casino industry with a transparent and provable platform. Its deflationary nature through automatic burn mechanisms on transactions and casino-generated profit ensures its uniqueness in the crypto space.

With the crypto market witnessing a positive boom, Scorpion Token is poised to benefit from the growing interest in decentralised finance and online gambling. As regulation becomes a crucial factor in the crypto world, Scorpion’s commitment to transparency and licensing could help it stand out among other emerging tokens. Furthermore, with major leagues and reputable platforms backing Scorpion Casino, SCORP could carve a niche in the ever-expanding crypto casino landscape.

Final thoughts

The Ripple vs SEC result in favour of Ripple has proven to be a game-changer for the crypto market, ushering in a new era of optimism and excitement. As top cryptos surge and investors seek the best ROI opportunities, Scorpion Casino Token emerges as a promising contender in the crypto casino ecosystem. The combination of Scorpion’s deflationary features, licensed platform, and strong partnerships may propel it to new heights. With the overall crypto market displaying a bullish trend, the future looks promising for Scorpion Token and other innovative projects in the decentralised finance realm.

 

Scorpion Casino Token (SCORP):

Presale: https://presale.scorpion.casino/

Twitter: https://twitter.com/ScorpionCasino

Telegram: https://t.me/scorpioncasino_official

Naira’s Unstoppable Race to N1,000/$1 Emits More Economic Hardship

By
Samuel Nwite
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0
Naira USD

Things are currently not looking good for the naira in the FX market, as its depreciation accelerates farther from when the Central Bank of Nigeria (CBN) removed control pegs on the currency in June.

Naira’s performance against the dollar at the parallel market dropped to as low as N930/$1 on Thursday afternoon, triggering fresh anxiety among Nigerians. The new exchange rate indicates about a 5% increase from the N910/$1 recorded on Wednesday.

The pace, which creates anticipation for a fast-approaching N1,000 per dollar exchange rate, is expected to compound the squeeze that businesses and consumers are currently feeling.

“Businesses and consumers are squeezed because of this. This will lead to a reduction in the quantity of imported commodities doubling the price. There’ll be capital flight. You’ll see people looking for a safe heaven,” Clement Izu, Head of Research, Financial Derivative Company Ltd., told AriseTV in an interview.

The Africa Development Bank said the ongoing trend of currency depreciation in economies with higher global integration, such as Nigeria is likely going to continue. The development bank attributed the projection to capital outflows from investors seeking refuge in safe advanced economies.

With the impact of the forex crisis accelerating quickly across goods and services, Nigerian consumers are bracing up for unaffordable spikes in the cost of things.

The prices of petroleum products are expected to rise further. The Independent Petroleum Marketers Association of Nigeria (IPMAN) has reportedly issued a notice of an increase in pump price.

“Nigerians should understand that with fuel subsidy removal, the government is no longer determining pump prices but the market forces. The product is bought in dollars. The dollar is around 890/$1 now. As the dollar climbs, fuel pump prices will continue to go up,” Daily Post quoted Chinedu Okoronkwo, the National President of IPMAN, as saying.

The Nigerian Association of Liquefied Petroleum Gas Marketers announced Thursday a plan to review the prices of cooking gas upward, citing the rise in exchange rates.

Also, electricity consumers have decried over 100% hike in electricity bills, which many say is unaffordable.

Against this backdrop, the clamor for a solution has not been higher. But the solution is farfetched as the naira’s strength is largely tied to Nigeria’s export earnings.

Though the CBN said FX inflows into Nigeria through the Investor and Exporter window rose to $2.55 billion in two months following the deregulation of the forex market, the volume remains insignificant to the liquidity requirement that will boost the naira.

The insufficient FX inflow is attributed to poor oil output, which provides for more than 90% of Nigeria’s exports.

The nation’s daily oil production in July 2023 fell by 13.6% to average 1.08 million barrels per day compared to 1.25mbpd recorded in June, according to the latest production data from the Nigerian Upstream Petroleum Regulatory Commission, (NUPRC.)

The volume of production falls notably below the 1.7 million barrels per day production quota assigned to Nigeria by the Organization of the Petroleum Exporting Countries (OPEC). The most recent production figure represents a major setback for the government, which set a production target of 1.69 million barrels per day in the 2023 budget.

Diaspora remittance, which has served as another avenue of boosting forex liquidity, has significantly dropped in the past months. Following the floating of the forex market, the CBN abolished the naira 4 dollar scheme designed to encourage diaspora remittance and the RT200 FX Programme launched in early 2022, with a set of policies and plans to boost non-oil exports.

The significant drop in forex liquidity resulting from all these has piled more pressure on the naira, making it more vulnerable among its peers in the foreign exchange market.

While the CBN’s decision to float Nigeria’s forex market has been widely praised by investors, concern remains that it will bring unbearable economic hardship on Nigerians if measures are not taken to mitigate its immediate inflationary pressure.

CBN Attributes Naira’s Free Fall to Illegal Diaspora Remittances to the Parallel Market

By
Samuel Nwite
-
0

The Central Bank of Nigeria (CBN) has attributed the woeful performance of the naira in the foreign exchange market to the diversion of diaspora remittances to the black market.

This was stated by the acting governor of the apex bank, Folashodun Shonubi, at the National Institute for Security Studies, Abuja. Delivering the Distinguished Personality lecture titled “Diaspora Remittances and Nigeria’s Economic Development” to participants of the Executive Intelligence Management Course (EIMC) 16, Shonubi said most of the diaspora remittances that came into Nigeria in dollars find their way to the parallel market without being recorded officially.

The acting central bank governor stated this amid the naira’s fall to N930 per dollar at the parallel market on Thursday, which marks its worst performance since the CBN floated the FX market in June.

“With those remittances, the dollars have come in, we know the dollars have come in but we don’t see them in the official system. So, they must be going somewhere and somewhere,” he said.

“And the challenge with the black market, unofficial market or parallel market or whatever name you want to call it, it is as a result that it is not regulated, and it becomes an easy place to have criminal activities.

“We investigate bankers, not just bankers, anybody who has committed an offense, the first thing they want to do is to run to the black markets, change it to the dollars because it is less money to carry around.

“Some of the funding in the black markets are actually from diaspora remittances. That’s why it is important we need to know a lot of what’s going on there. We can’t play the sentiment game. If we don’t understand the dynamics, we usually go with the literature which does not necessarily work for us,” Shonubi said.

He indicated that the amount of inflow coming through many unapproved channels and eventually ending up in the black market contributes significantly to Nigeria’s current FX market situation.

The apex bank chief said that implementing measures within the country to manage illicit remittances and detect these pathways would be beneficial, because it would help direct remittance flows through proper channels, maximizing economic benefits for growth.
He added that Nigeria witnessed a surge in diaspora remittances in 2021, surpassing the inflows from the construction industry.

“We intend to use more of the banking system to send money to Sub-Saharan Africa cost highest because we don’t have masses. It would be helpful if we can work together to identify these channels because we just want the flows into the proper channels, there we can get maximum benefits to grow the economy.

“We talk about black markets, which also create their own problems. Management of the foreign exchange market and the efficacy of our policies to manage the exchange rate becomes difficult due to the insignificance of our diaspora remittances which are going to other markets.

“Today, someone called me privately and said that this thing (naira) has gone up to some levels in the black markets, my question was, what do you want me to do? Do I operate in the black markets? I don’t know the basis of pricing in the black markets.

“The other thing people don’t realize is that, because you don’t have full information, and I will give you an example since we started the I&E window. We found out that some people would deliberately wait until the last minute and do one transaction of $5,000 and that becomes the closing rate.

“We can’t do without diaspora remittances. For many countries, that’s their main source of income,” he said.

However, financial experts appear to disagree with the notion that unofficial remittances to the parallel market are responsible for the free fall of the naira. Nigeria’s forex crisis has been attributed to insufficient dollar liquidity, orchestrated by poor oil and non-oil exports.

Experts say that the existing liquidity gap is too wide to be filled by diaspora remittances alone.

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