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Ethereum is on the verge of a breakout, mirroring the bullish setup seen in 2020. With the ETH approaching its last resistance, the cryptocurrency is positioning itself at the goal of reaching the 10,000 mark, which can be further increased in case the market conditions are favorable.
With another Ethereum boom about to take off, another new competitor is getting attention: Little Pepe (LILPEPE). This self-sovereign Ethereum-compatible Layer-2 blockchain-based coin will cause ripples, and analysts estimate that this change will increase 45 times within the next few months.
Ethereum: Is Another Breakout Ahead?
Ethereum is currently testing a key resistance zone between $3,150 and $3,700, which has acted as a ceiling in the past. The pressure to break this range is increasing, and if Ethereum overcomes it, a new rally could push the price to new all-time highs. Ethereum dealt with a similar situation in 2020, which became responsible for the potential spike in its price. With growing DeFi adoption and increasing public interest, Ethereum is seen to be potentially capable of reaching $10,000. If it reached a price above $3,700, it would indicate a new price phase and would mark the start of Ethereum's upcoming major rally.
Little Pepe: The New Meme Coin with Potential Utility
As Ethereum is planning and preparing for its next rally, there is another token that is catching eyes, Little Pepe (LILPEPE). It is constructed on an Ethereum-compatible Layer-2 blockchain that is focused on meme and community-based projects. This Layer-2 chain has a 20x higher transaction speed than the mainnet of Ethereum and costs 90× less, which is a significant solution to two primary pain points in the meme coin market.
It is not a meme and a fun game, but it is building a sustainable ecosystem. The project will have a staking rewards system, a meme launchpad where new token creators will launch their tokens, and a decentralized autonomous organization (DAO) to govern it. These aspects make Little Pepe not only a speculative investment. It provides actual use in the staking, locking of liquidity, and anti-rug-pull measures, thus making it safe and even for everyone to participate in the projects of the ecosystem.
The difference between Little Pepe and other products is that it is oriented towards offering an easy experience to users and developers. Transactions are also fast and cheap in the Layer-2 blockchain of the project, which provides a favorable environment for high-frequency trading and small-scale transactions. This infrastructure will bring Little Pepe a good chance at winning the meme coin supremacy in the next several months.
The Success of Tokenomics and the Presale of Little Pepe
The ongoing LILPEPE presale Stage 13 has already raised more than $25.79 million, which is almost the target of $28.775 million, and 15.89 billion of the tokens are already sold off. The present price of the 1 LILPEPE token is $0.0022, and the next stage price will rise a little to $0.0023. The presale has experienced a massive demand with a total supply of 100 billion tokens, which means that the investors are willing to participate in the project.
The tokenomics of Little Pepe will be used to reward long-term holding. A large part of the token supply will be allocated to presale investors, staking rewards, liquidity pools, and marketing. It is worth noting that Little Pepe has a zero-tax system, and thus, merchants are able to buy and sell without paying an extra charge other than the regular network expenses. It is an attribute that is especially attractive to traders seeking a more dynamic and more tax-friendly place to stay.
The project offers two massive giveaways for its early bidders to win. The first is the classic $777,000 giveaway, where 10 participants would win $77,000 worth of LILPEPE tokens as a reward. Second, it is a huge 15+ ETH giveaway, where the top buyers would be rewarded with ETH tokens, and in addition to it, 15 random investors would be selected and rewarded 0.5 ETH each. The minimum contribution is $100.
Looking Ahead
Both Ethereum and Little Pepe have a good future ahead. Ethereum is likely to take off, and this may open the pathway to a surge to $10,000. This positive trend could continue with the much-awaited update to Ethereum 2.0, as well as the increased interest of institutions. Conversely, the new meme based utility model of Little Pepe, which is supported by a high-speed, low-cost blockchain, makes the latter a powerful competitor in the meme coin market.
With the development of the crypto market, Ethereum and Little Pepe could be influential in the further development of the concept of decentralized finance and meme coins. The breakout of Ethereum may establish the basis of its most dramatic rally to date, and Little Pepe is also set to grow very fast, targeting a gain of 45x as it keeps on establishing a growing community and ecosystem.
For More Details About Little PEPE, Visit The Below Link:
Website: https://littlepepe.com