The newly formed US SEC group under Donald Trump’s guidance has annulled SAB 121, a cryptocurrency account regulation that mandated financial institutions to classify crypto assets as obligations on their financial statements since March 2022.
As this highlights Ethereum, ERC-20 tokens could very well be the next cryptocurrency to surge.
The termination of SAB 121 is significant as it is likely to encourage more TradFi firms to investigate DeFi. Partially because Ethereum boasts the highest TVL at $67.387B, an analyst anticipates a rise to $7K.
Another element propelling Ethereum coins upward is Etherealize, a marketing company supported by the Ethereum Foundation that informs institutions about the network.
Such developments, paired with $ETH surging by 6.5% since yesterday, indicates a flourishing outlook for both $ETH and ERC-20 tokens, such as $WEPE, $MIND, and $MEMEX.
1. Wall Street Pepe ($WEPE) – Insider Insights for Crypto Enthusiasts
Wall Street Pepe ($WEPE) is a frog-themed coin aiming to take advantage of Pepe’s $6.5B capitalization. However, in contrast to its forerunner, it offers practical utility: exclusive trading insights for enthusiasts.
By providing emerging crypto investors with trading strategies inspired by the Wolf of Wall Street, $WEPE seeks to empower them to outsmart crypto whales, who often distort the market for personal benefit.
In addition to receiving transformative tactics, $WEPE holders can contribute their own successful strategies and earn rewards for doing so. Approximately 15% of the project’s entire token allocation is reserved for this purpose.
More $WEPE can be acquired through staking, with 12% of the overall supply allocated for it.
Given that $WEPE’s valuation has already surged by 83.25% from $0.00020000 to $0.0003665 and our forecast for its valuation to hit $0.0013 (an increase of 254.71%) by the end of this year, there’s no more opportune moment to purchase the coin during the presale than now.
2. MIND of Pepe ($MIND) – AI Agent Providing Crypto Trading Strategies
MIND of Pepe ($MIND) is another frog-themed token building upon Pepe’s successes. In just 48 hours since its presale launch, it exceeded $1.8M.
While it shares similarities with $WEPE by also providing token holders with exclusive trading insights, it sets itself apart by integrating AI technologies.
The AI agent token scans crypto Twitter (X) to discern current trends and emerging opportunities in the cryptocurrency landscape. It then relays its insights to token holders, assisting them in gaining an advantageous position within the blockchain marketplace, which is projected to reach an astonishing $1,000T by 2032.
Early investors can gain exclusive knowledge of the rapidly growing Web3 sector by acquiring $MIND during the presale (currently priced at just $0.0031889) and through staking, which currently offers a 626% APY.
The staking program, along with the 20% $WEPE allocation for marketing and 30% for development, further enhances its viability, elevating its potential for long-term success.
3. Meme Index ($MEMEX) – Meme Indexes for Various Risk Preferences
Meme Index ($MEMEX) is another enticing Ethereum-based opportunity that compiles industry-wide exposure into four curated indexes of meme coins.
The meme coin portfolios range from minimal to high volatility, offering holders the option to choose those that align with their investment preferences.
For example, Titan provides insights into the top ten meme coins with the largest market caps, which are perceived as less risky due to their substantial demand.
Conversely, the Meme Frenzy Index showcases the more volatile investment alternatives with potential for significant returns.
The Meme Index selected ultimately depends on your individual risk tolerance.
In addition to its versatile portfolios, $MEMEX functions as a governance token, allowing token holders to influence the future direction of the Meme Index ecosystem. They can vote on the inclusion of meme coins in the portfolios and on forthcoming developments to steer the coin toward positive outcomes.
Furthermore, it features an appealing staking attribute, offering an impressive 821% APY that rewards stakers with passive income every three years.
Furthermore, security-minded investors can feel reassured. The smart contracts involved in these governance and staking processes have undergone comprehensive audits to guarantee a safe and clear experience.
$MEMEX might be the upcoming coin to achieve 100x returns. This is particularly applicable considering its ease of purchasing during presale (currently at $0.0155312). Our forecast is that it could arrive at $1.75 by 2030.
4. Onyxcoin ($XCN) – Facilitating DeFi Services From the Ground Up
$XCN serves as the foundation of Onyx Core, a blockchain framework that aids in constructing DeFi services from inception to completion on the Ethereum blockchain.
In essence, it allows developers and companies to initiate and manage their own networks, enabling effortless movement of digital assets worldwide.
What further distinguishes it is its interoperability with other independent networks and digital assets, capitalizing on their advantages to modernize traditional financial systems.
$XCN encompasses three principal functions within the ecosystem. Firstly, it acts as a governance token, granting token holders influence over its future trajectory. Secondly, it is utilized for payment of services from Onyx and Chain.com.
Lastly, it can be staked for a 30.62% APY – a total of $50.89M has already been staked.
The applications of this coin have contributed to its upward momentum. In the last week, it surged by 205%, elevating its price to $0.02319.
5. Ondo ($ONDO) – Voting on a DeFi Protocol’s Financial Tools
The forthcoming cryptocurrency that might soar is $ONDO, a governance token allowing holders to participate in decisions regarding how its DeFi protocol utilizes premier financial tools.
Among the tools and services provided by Ondo are:
- Liquidity pools that offer users passive income and stabilize the platform
- Crypto loans with fixed rates aimed at mitigating profit loss during market fluctuations
- Tokenized real-world assets (RWAs), facilitating easy access to equities and bonds within the DeFi realm.
Considering that the RWA market is expected to reach $30T by 2030, $ONDO appears to be a promising entry point to capitalize on the growth.
Currently, the coin holds a value of $1.51, and its market capitalization has risen by 16.5% since yesterday, reaching $4.75B.
Each of these tokens takes advantage of Ethereum’s extensive smart contract functionalities and DeFi applications.
ERC-20 Tokens Could Be the Next Cryptocurrencies to Surge
With the growing adoption of $ETH, partly due to the conclusion of SAB 121 and Etherealize’s educational resources, ERC-20 tokens might be the forthcoming cryptocurrencies to surge due to their utilization of the network’s advantages (smart contracts, DeFi, scalability, digital ownership).
The discussed coins present low-cap entry points into the flourishing Ethereum ecosystem at a fraction of the cost.
However, keep in mind that this is not financial guidance. It is essential to conduct your own research before making investments in crypto and to be prepared for the possibility of losing the amount you invest.
