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Crypto News: Pepeto Announces $8.69M Raised While Bitcoin Price, XRP and Ethereum Set Up for Record Breaking Moves
Globenewswire· 2026-03-31 23:42
Core Insights - Pepeto, an Ethereum-based cryptocurrency, has achieved $8.69 million in presale capital, with rapid record-breaking milestones despite a challenging crypto market [2] - The current Bitcoin price is $68,170, while XRP and Ethereum are experiencing volatility, contrasting with the positive outlook for Pepeto [3] - Analysts predict Bitcoin could reach $250,000, with XRP targeting $5 and Ethereum projecting a rise to $6,500, but early-stage tokens like Pepeto may offer significantly higher returns [4][14] Market Context - The crypto market is currently facing a difficult period, but historical trends suggest that major pullbacks often lead to new all-time highs [4] - The largest gains in the past have come from tokens purchased before they were listed on exchanges, positioning Pepeto similarly to early XRP and Ethereum investments [5] Project Features - Pepeto is gaining traction due to its innovative solutions addressing common frustrations faced by crypto traders, such as high gas fees and fragmented liquidity [7] - The project includes a full trading system with a custom-built exchange, a bridge for cross-chain token transfers, and minimal transaction costs [8] Investment Potential - Pepeto is positioned as a meme coin with significant viral potential, similar to Shiba Inu, which saw massive returns for early investors [9] - The combination of utility and viral momentum in Pepeto's presale makes it a compelling investment opportunity in the current cycle [10] Future Outlook - Pepeto is at an early stage with tools nearing launch and a Binance listing expected soon, suggesting a favorable entry point for investors [12] - Analysts believe that portfolios lacking Pepeto may miss out on one of the best opportunities of the current bull run [12]
You Won't Believe How Many Millionaire Crypto Investors Buy Meme Coins
Yahoo Finance· 2026-03-26 15:59
Group 1 - Cryptocurrency is popular among Americans with a net worth of at least $1 million, with over two-thirds (68%) owning cryptocurrency [1] - A surprising 86% of millionaire cryptocurrency investors have purchased meme coins like Dogecoin and Shiba Inu, indicating a trend among high-net-worth individuals [1][2] - Despite the interest in meme coins, it is noted that this data does not imply that meme coins constitute a major part of their investment portfolios [2] Group 2 - Meme coins are generally not recommended as they lack long-term value and real-world utility, making them a risky investment [4] - Dogecoin peaked at $0.74 on May 8, 2021, but has since lost over 85% of its value, illustrating the volatility and potential for loss in meme coin investments [5] - The Motley Fool Stock Advisor analyst team has identified 10 stocks they believe are better investment opportunities than Dogecoin, suggesting a focus on more stable investments [6]
1 Type of Cryptocurrency to Avoid at All Costs in 2026
Yahoo Finance· 2026-03-25 23:26
Core Insights - The cryptocurrency market is vast, with various types of cryptocurrencies, including smart contract platforms like Ethereum and Solana, and payment coins like XRP. Bitcoin has created its own category due to its size [1] - Investing in a diverse crypto portfolio is recommended, especially during market downturns, but meme coins should be avoided [1] Cryptocurrency Types - Meme coins are cryptocurrencies that do not take themselves seriously, with Dogecoin being the first and Shiba Inu following its theme [3] - The appeal of meme coins lies in their potential for life-changing returns, with Dogecoin increasing over 27,000% and Shiba Inu over 70,000,000% in 2021 [4] Investment Risks - Identifying successful meme coins is extremely difficult, as there are thousands available, and only a small percentage achieve lasting success. For instance, Dogecoin lost over half its peak value shortly after reaching its all-time high [5] - Meme coins are more akin to gambling than investing, lacking legitimate use cases, which disqualifies them from being included in a serious investment portfolio [6] Stock Recommendations - Analysts from The Motley Fool Stock Advisor have identified ten stocks as better investment opportunities than Dogecoin, suggesting that investors should consider these alternatives for potential returns [7]
Better Buy During the Crypto Crash: XRP or Shiba Inu?
Yahoo Finance· 2026-03-24 19:41
Group 1: Cryptocurrency Overview - XRP and Shiba Inu have passionate followings due to their significant returns for early investors, but both are currently trading below recent highs amid a crypto market downturn [1] - Both cryptocurrencies are considered risky investments, but they present different levels of risk [3] Group 2: Shiba Inu Analysis - Shiba Inu is categorized as a meme coin that originated from a publicity stunt, with its founder sending half of the token supply to Ethereum co-founder Vitalik Buterin, which led to a price surge in 2021 [4] - The long-term viability of Shiba Inu is questioned, as its purpose appears to be primarily for amusement rather than serious investment [7] Group 3: XRP Analysis - XRP is developed by Ripple to facilitate international payments for financial institutions, allowing banks to convert their currencies into XRP for cross-border transactions, which indicates its legitimate utility [5] - Over 300 financial companies collaborate with Ripple, although only a small portion utilize XRP, highlighting its potential in the financial sector [5] - The XRP Ledger (XRPL) supports smart contract functionality, enabling developers to launch decentralized applications (dApps), with XRP being necessary for transaction fees [6] - Despite its volatility, XRP is viewed as a serious project with a real purpose, making it a more favorable investment compared to Shiba Inu [7]
Millionaire Investors Are Buying Meme Coins. Should You Be Too?
Yahoo Finance· 2026-03-18 10:50
Core Insights - Millionaire investors are increasingly investing in Bitcoin and Ethereum, alongside meme coins like Dogecoin and Shiba Inu, with 86% of high-net-worth cryptocurrency owners holding meme coins [1][2]. Group 1: Investment Trends - The primary motivation for these investments is the potential for high returns, as millionaire investors seek to enhance their portfolio performance [2]. - Dogecoin has seen significant price fluctuations, peaking at $0.74 during the 2020-2021 bull market but currently trading at $0.10, representing an 86% decline from its peak [4][5]. Group 2: Market Developments - The introduction of meme coin exchange-traded funds (ETFs) allows for single-crypto exposure to Dogecoin, with more applications for other meme coin ETFs in development [6]. - The top five meme coins account for approximately 1% of the total cryptocurrency market value, suggesting minor diversification benefits for investors [7]. - Holding a diversified meme coin ETF could mitigate risks associated with individual meme coins, allowing investors to benefit from various meme coin trends [8].
T. Rowe Price Adds Dogecoin And Shiba Inu To New Crypto ETF
Yahoo Finance· 2026-03-17 13:57
Core Viewpoint - T. Rowe Price is launching a new cryptocurrency ETF that includes meme coins Shiba Inu and Dogecoin, aiming to provide actively managed exposure to digital assets [1][2]. Group 1: ETF Composition and Management - The new "Price Active Crypto ETF" will hold Bitcoin and Ethereum alongside Dogecoin and Shiba Inu, with potential inclusion of other cryptocurrencies like Avalanche, Hedera, and Chainlink [1][2]. - The ETF will maintain a portfolio of 5 to 15 crypto assets at a time, utilizing active management and quantitative models for rebalancing based on fundamentals, valuation, and market momentum [3]. Group 2: Company Background and Market Position - T. Rowe Price has $1.8 trillion in assets under management, indicating a strong position in the investment management industry [2]. - The firm, established 87 years ago, is making a strategic move to enter the cryptocurrency market, differentiating its ETF from those that track the spot price of cryptocurrencies [3][4].
X @CoinMarketCap
CoinMarketCap· 2026-03-17 02:46
LATEST: 📊 T. Rowe Price has filed an amended SEC registration for an actively managed crypto ETF that could hold 5 to 15 digital assets, including Bitcoin, Dogecoin and Shiba Inu. https://t.co/sekzJIk7bB ...
68% of American Millionaires Own Crypto. So Which Cryptocurrencies Are They Buying?
Yahoo Finance· 2026-03-16 09:20
Group 1 - A significant 68% of American millionaires own cryptocurrency, indicating a trend beyond just tech titans in Silicon Valley [1] - The two most popular cryptocurrencies among millionaires are Bitcoin and Ethereum, with nearly 60% holding Bitcoin and 55% holding Ethereum, which together account for 70% of the total crypto market cap [2] - A notable portion of millionaires also invest in meme coins, with 48% owning Dogecoin and 33% owning Shiba Inu, highlighting a diverse interest in various crypto assets [3] Group 2 - Other popular cryptocurrencies among millionaires include BNB, XRP, Tether, Cardano, and Solana, suggesting that top-ranked cryptocurrencies by market cap are prevalent in their portfolios [4] - The primary reason for investing in cryptocurrency, cited by two-thirds of crypto-owning millionaires, is the potential for strong returns, with Bitcoin being a top-performing asset over the past decade [5] - Some millionaires view cryptocurrency as a hedge against inflation or a safe store of value, particularly Bitcoin, which is often compared to digital gold [6] Group 3 - Nearly two-thirds of crypto-owning millionaires allocate at least 50% of their overall portfolio to cryptocurrency, indicating its significant role in their wealth accumulation [7]
3 Reasons Why I'm Not Buying Shiba Inu in 2026
Yahoo Finance· 2026-03-11 11:50
Core Viewpoint - The volatility of the cryptocurrency market, exemplified by Shiba Inu, presents significant risks for investors, particularly as its price has dramatically decreased from its peak. Group 1: Shiba Inu's Price Movement - Shiba Inu's price surged by an astonishing 102,000,000% from the beginning of 2021 to its all-time high in late October 2021, but it has since fallen over 90% from that peak as of March 5 [2][4]. Group 2: Investor Sentiment and Community Support - Shiba Inu has experienced a decline in price over the years, leading to a diminishing interest among its supporter community [5]. Group 3: Fundamental Weakness - The cryptocurrency must demonstrate its utility to maintain value; Shiba Inu lacks a strong position in the top 100 blockchains based on developer activity, indicating a low likelihood of developing applications that enhance its utility [6][7]. Group 4: Competitive Landscape - Investors seeking high returns may consider Shiba Inu, but the probability of achieving significant gains is low. There are more promising alternatives available for those willing to accept risk and volatility [8].
Could Buying Shiba Inu Today Set You Up for Life?
Yahoo Finance· 2026-02-19 11:50
Group 1 - The cryptocurrency industry faces criticism, yet speculative investors continue to pursue high returns despite volatility, exemplified by Shiba Inu's price increase of 97,000% over five years, although it remains 93% below its peak from October 2021 [1][2][10] - Shiba Inu's market cap could potentially rise to $380 billion, comparable to major companies like Home Depot and Bank of America, if it achieves a 100-fold increase [6] Group 2 - The utility of Shiba Inu is questioned, as it lacks real-world applications compared to other cryptocurrencies with stronger developer networks [8][9] - Community enthusiasm for Shiba Inu appears to be declining, indicated by its significant price drop from previous highs, suggesting that its best days may be over [10] - Investors seeking high returns have safer alternatives, such as Bitcoin and various tech or growth stocks, rather than investing in high-risk meme coins like Shiba Inu [11]