On December 1, 2024, XRP surpassed Solana and Tether in market capitalization, much to the surprise of the crypto community. The main factors contributing to its jump in value are Ripple’s partnerships, the launch of new products and features, such as RLUSD stablecoin, and the possibility of launching XRP ETFs.
XRP’s sudden price jump has attracted the attention of many market analysts and psychologists. On that note, Crypto Michael claims that XRP still trades below its potential peak. He also expects a bigger “FOMO” frenzy to come soon. At the same time, Peter Brandt shared a price chart for XRP, highlighting that XRP’s price could reach the $24 mark.
The jump has encouraged XRP enthusiasts to invest in other low-cap tokens offering exceptional growth potential.
XRP’s 400% Rally Is Pushing Crypto Investors Towards Meme Coins Within the Ripple EcosystemRipple’s 400% rally contributed to popularizing meme coins on XRP Ledger. On that note, coins like ARMY, 589, RIPPY, XPILL, and PHNIX experienced remarkable upticks. According to Dexscreener, ARMY’s market cap jumped from less than $1 million to $90 million in just 7 days before stabilizing around the $44.2 million level, making it the highest-capped meme coin within the XRPL ecosystem.
XRP meme coins like 589, RIPPY, XPILL, and PHNIX also rallied throughout the week. For example, 589’s market cap reached $8 million at one point, while RIPPY’s value jumped by 22.825%. At the same time, XPILL’s price went up by 13,128%, while PHNIX’s value jumped by 12,000% since its launch.
Moreover, on December 2, 2024, Ledger XRP cut its reserve requirements by 90% to make its wallets more accessible. This move resulted in the creation of 22,357 new wallets in one day.
XRP’s dramatic rise has shifted the attention of crypto investors to new tokens that have the potential to dominate the crypto market. At the time of writing, the Altcoin Season Index stands at 90, which shows that we are currently in the altseason.
Pepe Unchained Is Set to Become the G.O.A.T of Meme Coins as Its Presale Crossed the $70 Million MarkPepe Unchained represents an upgraded version of the original Pepe Coin. Whose value has jumped by 15.11% in the last seven days, according to CoinMarketCap. Many crypto analysts believe that $PEPU could pump as high as its predecessor once it gets listed, if not higher, due to its Layer-2 feature.
Pepe Unchained is the first meme coin on its native blockchain – Pepe Chain. Making it cheaper and 100x faster than Ethereum. Moreover, its bridging capability enables seamless transfers between ETH and Pepe Chain.
To contribute to its growth and longevity, $PEPU’s developers have recently introduced two innovative features – Pepe’s Pump Pad and Frens With Benefits. Pepe’s Pump Pad allows developers to launch their own meme coins on Pepe Unchained L2 without coding knowledge. This feature mirrors Solana’s Pump Fun meme coin generator, which generated $368 million in just eight months.
Frens With Benefits feature will offer grants to developers for building dApps, memes, and NFTs on the Pepe Chain.
$PEPU has the potential to be the most successful presale in meme coin history. This project has so far managed to raise $70 million. There are 8 days left until the end of the presale, which indicates that this final figure could be even higher.
The hype and FOMO created around this project make Pepu Unchained one of the best meme coins to buy in December. Due to its strong community support, which includes 67.8k Followers on X and 18,915 subscribers on Telegram, $PEPU has the potential to provide 100x returns. There are also rumors that $PEPU could get listed on Binance shortly after its presale ends, further increasing its demand and visibility.
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