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.”

Ripple President Monica Long hinted at the possibility of an imminent approval for a U.S.-based XRP exchange-traded fund (ETF) during an interview with Bloomberg on Tuesday.

The development comes amid growing anticipation for the approval of crypto spot ETFs in the U.S., with several applications currently pending before the Securities and Exchange Commission (SEC).

While the SEC has yet to approve any crypto spot ETFs, several applications have been filed, including those for Bitcoin and Ether ETFs. If approved, an XRP spot ETF would mark a significant milestone for the asset's presence in traditional markets.

Speaking to Bloomberg, Long highlighted 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.

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.

Meanwhile, 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 boasts a future-ready ecosystem that aims to shift the narrative away from the notion that meme coins lack value. It will feature a zero-fee token bridging and trading exchange for seamless blockchain interoperability. Additionally, a token listing platform will foster collaboration and accessibility for next-gen meme coins.

The memecoin's presale has also attracted over $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.

Central to Pepeto's appeal are its staking rewards and upcoming exchange launch. Over 18 trillion PEPETO tokens, equating to 4% of the supply, have already been staked, promising an annual return of 464% for participants.

Anticipated monthly returns are around 38%, providing a strong incentive for early-bird investors.

A cross-chain bridge will be integrated into the project's PepetoSwap exchange, which is expected to revolutionize the memecoin market with its cross-chain capabilities.

A New Year's Message from the God of FrogsAs 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

In 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.”

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

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