In the latest development in the blockchain space, Cardano founder Charles Hoskinson shared his thoughts on Ethereum’s potential demise, prompting a reaction from pro-XRP lawyer John Deaton.
Notably, Charles Hoskinson projected the Ethereum blockchain’s possible downfall, commenting that the platform would not survive over the next decade. Acknowledging Hoskinson’s Ethereum roots, John Deaton appreciated his comments as particularly noteworthy.
The Future of Ethereum: Insights from John Deaton and Charles Hoskinson
Recently, the Cardano founder, Charles Hoskinson, predicted that the Ethereum network will collapse in the next 10-15 years. He noted, “So, I don’t think Ethereum will survive, you know, more than 10 years to 15 years.”
In response to his words, XRP attorney John Deaton shared a thread on X. John Deaton acknowledged Hoskinson’s words as insightful and particularly significant, given Hoskinson’s foundational role in Ethereum’s creation.
Deaton also expressed curiosity about others’ thoughts on Ethereum’s future, humbly acknowledging the limitations of his own knowledge on the subject. His X post read,
Fascinating to listen to an Ethereum co-founder opine on whether Ether can even survive. I’m not smart enough to have an opinion one way or the other but would like to know what others think.
Why Ethereum Might Not Last 15 More Years? Charles Hoskinson Explains
In a recent Ask Me Anything (AMA) session yesterday, the Cardano founder expressed concerns about the long-term viability of the Ethereum blockchain. Highlighting the platform’s key mistakes, Hoskinson posited that Ethereum would not exist after some 15 years. This has sparked comments from John Deaton.
Protocol & Consensus Model: According to Hoskinson, Ethereum’s choice of protocol and consensus model is not sufficient for the network’s needs. In particular, he mentions the current limitations of Ethereum’s Proof-of-Stake (PoS) mechanism.
Layer 2 Scaling Solutions: The Cardano founder slams the blockchain’s adoption of layer 2 scaling solutions, addressing them as “parasitic.”
Governance System: As per Hoskinson, the Ethereum network’s governance system is unsound. He pointed out that the platform’s governance is off-chain, but not on-chain, which could lead to inefficiencies in decision-making and adaptability.
John Deaton’s latest comments on the Cardano founder’s insights on Ethereum come following the former’s recent criticism of Oregon AG Rayfield. The XRP lawyer questioned the AG’s motivations for filing a lawsuit against Coinbase with outdated claims.
The crypto market is buzzing with news of a rapidly rising star. Codename:Pepe has captured attention with its staggering $1 million presale, drawing eyes away from stagnant coins like DOGE and SHIB. This energetic new project promises massive returns, capturing the interest of investors looking for the next big win in the meme coin world.
With a unique blend of humor and ambition, Codename:Pepe aims to outshine its competitors by using artificial intelligence for smarter trading. The presale success suggests growing support, and investors may find it challenging to ignore this opportunity. In a market where some coins lag, this project seeks to redefine success with skyrocketing potential.
Codename:Pepe Unleashes True Intelligence for Maximum Profits
The crypto underworld is infested with fake AI agents—shady operators promising “next-gen intelligence” while barely outsmarting a toaster. This nonsense ends today.
Codename:Pepe has come to denounce fake AI agents. This ultimate undercover agent does not pretend, it is actually doing something useful: helping you make money in the chaotic meme coin jungle. Codename:Pepe is on a mission of mass hilarity (and, naturally, ridiculous gains).
Classified Intel: The True Identity of Codename:Pepe
Keep this under wraps: Codename:Pepe is a Pepe in disguise. Modeled after the legendary PEPE coin, which skyrocketed nearly 22,000%, this covert operative has the same ambition. Will it succeed? That depends on its community.
Unlike VC-backed rug pulls, Codename:Pepe is powered by the people. The bigger the support, the higher it moonwalks. That’s why it has chosen the community-driven presale strategy with a smart plan:
Entry Price at Stage One: $0.003333333 (because three is a lucky number)
Final Stage Price: $0.151515152 (because round numbers are boring)
Codename:Pepe plans to use the power of artificial intelligence to hunt down the juiciest meme coins, predict market trends, and deliver exclusive AI-powered trading signals before the FOMO kicks in.
Beyond smart analysis, this genius agent will also trade for you with its fully automated AI-trader, turning those signals into sweet gains.
Every great agent needs an elite organization backing them. That’s where $AGNT comes in. Holding $AGNT unlocks membership in a top-secret DAO, where operatives (investors) gain access to classified strategies, insider analytics, and the ability to vote on high-stakes missions. Holding $AGNT will unlock:
Membership in a top-secret DAO
Access to classified strategies
Insider analytics
Ability to vote on high-stakes missions
Profits from the mutual DAO fund will be allocated to those who stake their $AGNT, ensuring the spoils of the trade go to the most loyal agents.
Top-Secret Tokenomics (No Funny Business)
This is a community-first operation, so 25% the total token supply is allocated for staking and rewards.
Codename:Pepe isn’t just throwing tokens around like confetti. The supply is capped at 5 billion, ensuring no surprise inflation bombs.
Further breaking down the tokemonics, only 20% of the supply is allocated for the presale. The offer at a discounted price is limited.
Final Orders: Deploy Capital & Secure Your $AGNT Now
This is your shot to join crypto’s most ridiculous yet lucrative mission. The best entries go to the fastest trigger fingers. Don’t be the guy who “wished he got in early.”
The mission is set. The presale is live. Are you in, or will you let the AI fakes win?
Dogecoin is a digital currency that operates on a peer-to-peer network. Launched in December 2013 by engineers Billy Markus and Jackson Palmer, it features a Shiba Inu dog as its logo. It was created as a fun and approachable alternative to Bitcoin. The currency is based on LuckyCoin, a derivative of Litecoin, using a Scrypt algorithm for mining. Unlike Bitcoin, Dogecoin has an unlimited supply, allowing more coins to be produced over time. Its transactions are processed quicker due to a shorter block time.
Dogecoin gained attention through endorsements from public figures like Elon Musk. It also became known for its participation in charitable activities, including sponsoring an Olympic team and funding African water projects.
In 2021, Dogecoin reached a significant price peak driven by online hype but has since seen a reduction in value. Known for its volatility, Dogecoin continues to have a dedicated following and is a recognized name in the cryptocurrency market. While facing competition from coins like Litecoin and Shiba Inu, Dogecoin’s community-driven growth and unique origin maintain its presence in the crypto space.
Shiba Inu: A Meme Coin Gainging Prominence
Shiba Inu, also known as SHIB, is a digital currency launched in 2020. It started as a meme coin, aiming to follow the success of Dogecoin. The token quickly gained attention from influencers like Vitalik Buterin and Elon Musk.
Built on the Ethereum blockchain using the ERC-20 token standard, it was initially intended for transactions and investments. As its popularity grew, the creators expanded its use case by launching a decentralized exchange and an NFT project. These initiatives helped SHIB stand out from other meme coins by offering more practical applications.
In recent years, SHIB has maintained stability around the $0.00001 to $0.00002 price range. This follows its peak in October 2021 when it reached $0.00008845. Though it has seen a notable decrease since, the ecosystem surrounding SHIB continues to expand with projects like a metaverse, games, and merchandise. While the token has the infrastructure to support growth, an external factor, such as a new crypto market surge, might be needed for a significant price increase. The potential for SHIB to regain its peak relies on future market behaviour and its ongoing ability to innovate and engage users.
Conclusion
While established meme coins like DOGE and SHIB show signs of slowing down in the short term, Codename:Pepe is making a significant impact by integrating advanced intelligence for maximizing profits. Its rapid $1M presale reflects a strong community interest in innovative solutions that go beyond the hype.
By leveraging AI to navigate the complexities of the crypto market, Codename:Pepe offers a fresh approach that sets it apart from its predecessors. As the market enters a bullish phase, this project positions itself as a promising contender for those seeking substantial gains through intelligent investment strategies.
The post Codename:Pepe (AGNT) Hits $1M Presale in Record Time—The Next 10,000% Moonshot While DOGE & SHIB Stagnate? appeared first on Coinpedia Fintech News
The crypto market is buzzing with news of a rapidly rising star. Codename:Pepe has captured attention with its staggering $1 million presale, drawing eyes away from stagnant coins like DOGE and SHIB. This energetic new project promises massive returns, capturing the interest of investors looking for the next big win in the meme coin world. …
According to a new report from Pine Analytics, token deployers on Pump.fun systematically funded sniper wallets to buy their own meme coins. This impacted over 15,000 token launches on the platform.
These sniper wallets operated primarily during US trading hours, executing standardized, profitable strategies. Unrelated bot activity obscures their behavior, making it extremely difficult to isolate these wallets—and they can readily adapt to new countermeasures.
However, Pine Analytics’ new report has uncovered a new controversy, discovering systematic market manipulation on the platform. These snipes include as much as 1.75% of all launch activity on Pump.fun.
“Our analysis reveals that this tactic is not rare or fringe — over the past month alone, more than 15,000 SOL in realized profit was extracted through this method, across 15,000+ launches involving 4,600+ sniper wallets and 10,400+ deployers. These wallets demonstrate unusually high success rates (87% of snipes were profitable), clean exits, and structured operational patterns,” it claimed.
Solana meme coin deployers on Pump.fun follow a consistent pattern. They fund one or more sniper wallets and grant them advance notice of upcoming token launches.
Those wallets purchase tokens in the very first block and then liquidate almost immediately—85% within five minutes and 90% in just one or two swap events.
Pump.fun meme coin developers exploit this tactic to create the appearance of immediate demand for their tokens. Retail investors, unaware of the prior sell‑off, often purchase these tokens after the snipe, giving developers an unfair advantage. This constitutes market manipulation and erodes trust in the platform.
Pine Analytics had to carefully calibrate its methods to identify genuine snipers. Apparently, 50% of meme coin launches on Pump.fun involve sniping, but most of this is probably bots using the “spray and pray” method.
However, by filtering out snipers with no direct links to developer wallets, the firm missed projects that covered their tracks through proxies and burners.
In other words, the meme coin community does not have adequate defenses against systematic abuse on Pump.fun. There are a few possible ways that the platform could flag repeat offenders and sketchy projects, but adaptive countermeasures could defeat them. This problem demands persistent and proactive action.
Unfortunately, it may be difficult to enact such policies. Meme coin sniping is so systematic that Pump.fun could only fight it with real commitment.
Analysts think that building an on-chain culture that rewards transparency over extraction is the best long-term solution. A shift like that would be truly seismic, and the meme coin sector might not survive it.
In previous years, trends in the TradFi market have caused risk-on assets like crypto to spike in Q2, especially in April. This could provide a much-needed bullish narrative for the space.
A report from QCP Capital looked at a few trends, such as the S&P 500’s performance, but Bitcoin’s price history over the last decade is the clearest market indicator.
However, this data is corroborated by a broad spectrum of crypto-native trends.
“One of the fastest US stock downturns in recent history may well be behind us—or so JPMorgan and a growing chorus of strategists are telling their clients. Q2, and April in particular, has historically been one of the best periods for risk assets,” QCP claimed via Telegram.
With how desperate the crypto market has been for a bullish narrative, this Q2 speculation comes as a breath of fresh air. QCP pointed to recurring trends in TradFi sectors like the S&P 500, and some of these are even more pronounced in crypto.
Case in point, the price of Bitcoin is a great bellwether. Bitcoin is highly linked with the broader crypto market, and it has frequently rallied in Q2, especially in April.
For example, in 2017, Bitcoin’s price hovered around $1,000 until it broke $2,000 in mid-May, prompting a bigger rally. In 2021, a gargantuan price spike culminated in April and briefly dropped in May.
Bitcoin Yearly Price Chart. Source: BeInCrypto
In 2024, Q2 was a significant bullish period for crypto. BTC climbed quickly after the approval of Bitcoin Spot ETFs in January, breaching $60,000 in late February and early March, setting a new all-time high by April.
At the same time, high-yield credit markets demonstrated a solid performance, with CC-rated bonds overperforming. This shows a healthy appetite for risk-on assets.