Ripple President Monica Long has fueled hopes for a U.S.-based XRP exchange-traded fund (ETF), hinting at an imminent approval during an interview with Bloomberg on Tuesday. Long pointed to the evolving regulatory landscape and a shift in U.S. administration as key factors likely to accelerate the approval of crypto spot ETFs.
“I think we will see one very soon,” Long stated. “Especially with the administration change, the approvals of those filings will accelerate.” She added that XRP is likely to follow Bitcoin and Ether in securing a spot ETF, bolstering the asset’s presence in traditional markets.
Ripple’s to Expand Offerings with RLUSD
In addition to ETF aspirations, Ripple is focusing on its newly launched RLUSD stablecoin. Long confirmed that the stablecoin is expected to be listed on additional exchanges “imminently,” further integrating it into Ripple’s payments and money transfer ecosystem.
Athanasios Psarofagis, an analyst at Bloomberg Intelligence, supports Long’s optimism, highlighting the growing appeal of crypto ETFs. “Crypto ETFs are hot right now,” Psarofagis said. “Issuers love to strike when the theme is hot.”
Despite a broader downturn in crypto markets, XRP has displayed resilience, maintaining high levels of consolidation. Analysts note a developing symmetrical triangle pattern, suggesting a potential breakout for the asset in the near future.
Pepeto Targets King Memecoin Status
While Ripple aims to solidify its foothold in traditional finance, the meme coin market is witnessing the rapid rise of Pepeto, the self-proclaimed “God of Frogs.” The project has captured investor attention by offering a blend of humor and utility, carving out a niche in the competitive meme coin ecosystem.
PEPETO is shifting the “memecoins have no value” narrative with its future-ready ecosystem. It will feature a zero-fee token bridging and trading exchange for seamless blockchain interoperability and a token listing platform that fosters collaboration and accessibility for next-gen meme coins.
The memecoin’s presale has also surpassed $3 million, with tokens available for just $0.000000102. The project is seemingly attracting investors from popular tokens like PEPE, Shiba Inu, Dogecoin, and Dogewithat, further bolstering its community.
Staking and Exchange Launch to Propel Pepeto
Pepeto’s staking rewards and upcoming exchange launch are central to its appeal. Over 18 trillion PEPETO tokens, equivalent to 4% of the supply, have already been staked, promising an annual return of 464% for participants. Monthly returns are estimated at 38%, providing lucrative incentives for early-bird investors.
The project’s forthcoming PepetoSwap exchange, which features a cross-chain bridge, is expected to be a game-changer in the memecoin market.
A New Year’s Message from the God of Frogs
As the New Year begins, the God of Frogs, Pepeto Himself, shares a message of triumph and faith for the loyal Pepeto Army:The Plan Unfolds: The roadmap progresses flawlessly, as foretold. Every milestone has been achieved, and the… pic.twitter.com/zCmy1bTRQY
— Pepeto (@Pepetocoin) January 1, 2025
Through a post on X, Pepeto’s team rallied the community ahead of the exchange’s launch, stating, “Congratulations to all holders. Your faith will soon be rewarded.”
About Pepeto
Pepeto is a frog-meme-inspired cryptocurrency project that blends fun with functionality, creating a platform that attracts both seasoned investors and crypto enthusiasts. Designed to empower next-generation tokens, Pepeto offers unique features like a zero-fee exchange, a cross-chain bridge for seamless swaps, and lucrative staking rewards.
Join PEPETO presale today here, and enjoy an ecosystem full of opportunities and unimaginable returns.
Media links:
X (Twitter): https://x.com/Pepetocoin
YouTube Channel: https://www.youtube.com/@Pepetocoin
Telegram Channel: https://t.me/pepeto_channel
Instagram: https://www.instagram.com/pepetocoin/
TikTok: https://www.tiktok.com/@pepetocoin
Contact Details:
Contact: TokenWire Team
Email: [email protected]
