The price of XRP, the Ripple company’s cryptocurrency, was affected by the SEC lawsuit despite the bull run in 2021, creating a high level of uncertainty around the coin.
Ripple’s recent partial victory in its lawsuit against the US Securities and Exchange Commission (SEC) has created a stir around XRP.
After the victory of the Ripple company on July 13, 2023, there was a significant price increase in XRP. The increase continued in the period after the decision. Cryptocurrency went up to $ 0.84. Many cryptocurrency exchanges have relisted XRP. However, although Ripple still seems to be experiencing steady growth, it has slowed down a bit.
Many are wondering if the price will rise enough to break $1 or if there will be a correction in price. As XRP is resurgent, it is also witnessing the emergence of a meme coin that is gaining traction in the pre-sale market: the Evil Pepe coin…
For those who want to buy the Evil Pepe token or have never heard of it in the process, we have offered a closer look at the project. But before that, “Is XRP worth $1?” Let’s look for an answer to the question…
Will XRP Become $1?
Ripple (XRP) price suffered a four-day decline after falling from the July 19 high of $0.8468.
However, XRP is still significantly higher than it was two weeks ago. Digital assets are up 55 percent, up 46 percent last month and 99.4 percent since the start of the year.
These upswings prompted Ripple Labs to expand its operations to the UK and Ireland.
Ripple, the company behind XRP, has applied for a license to operate in compliance with the regulations of the Financial Conduct Authority (FCA) in the UK for this goal.
The strict regulator, the FCA, is recommending that crypto incentives be banned under new marketing rules, following a positive development in the SEC case. Judge Analisa Nadine Torres, in her summary judgment on July 13, ruled that XRP is considered a commodity due to sales to individual investors and a security through sales to institutional investors.
The XRP community is noting the growing confidence due to Ripple’s aspirations to develop in the UK, especially if the Financial Conduct Authority (FCA) issues the necessary license. But technically, momentum indicators point to a bearish bias for Ripple price.
Although XRP’s journey to reach $1 is a little longer than it seems at the moment, Evil Pepe seems likely to attract a lot of attention in the pre-sale. The Evil Pepe coin, which was recently pre-sale, is close to 1 million dollars…
What Makes Evil Pepe Special?
Inspired by Pepe the Frog, Pepe Coin (PEPE)’s notable recent performance has left the collective in everyone’s memory. In this way, a significant transformation took place in the meme coin market. Similar to other popular meme coins, it has also inspired other derivative coins. Typically, such initiatives are characterized by their low cost and lack of significant progress. But that’s not the case with Pepe Coin startups.
The imitations of PEPE, Pepe 2.0 and Saudi Pepe, had a significant success in attracting the attention of investors. Currently, however, optimistic forecasts are being made about a new cryptocurrency called Evil Pepe (EVILPEPE), which has been described as the “evil cousin of Pepe Coin”, taking the market by storm as it emerged.
The rationale behind this phenomenon is attributed to a combination of factors such as the nascent nature of Pepe Coin and its initial appreciation. It is known that there are quite a lot of investors who have made a sudden fortune thanks to the investments made in Pepe Coin, which has experienced rapid and significant growth. However, some are also exploring the advantages of purchasing Evil Pepe tokens as it is late.
Evil Pepe Mixes Two Memes
The team brought together two of the internet’s favorite memes to create a brand new meme. The first is Pepe, who helped Pepe Coin get so much attention. The second is the evil Kermit, a meme based on his evil personality trying to make Kermit the frog make bad decisions.
It is currently performing a rapid pre-sale. Although the pre-sale is just getting started, it’s already close to $1 million.
Investors entering now are expected to be able to secure EVILPEPE tokens for over $2 million.
EVILPEPE has a total supply of 6.6 billion tokens. In the first offer phase, a significant portion of the tokens, that is, 5,994 billion tokens, which corresponds to 90 percent of the total, are made available for purchase, giving individuals the opportunity to actively participate in the process.
Another unique feature is that there is only one stage of its pre-sale, and each token is only available at a single price. Those who want to buy Evil Pepe tokens can have the token for a single price of $ 0.0003330. The upper limit is $ 1,996 million.
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.