The newly appointed US SEC team under Donald Trump’s guidance has annulled SAB 121, a cryptocurrency account mandate that has mandated financial institutions to classify crypto assets as liabilities on their balance sheets since March 2022.
With this development, Ethereum is gaining attention, suggesting that ERC-20 tokens could be the next cryptocurrency to surge.
The termination of SAB 121 is significant, as it may encourage more traditional finance companies to investigate decentralized finance. Partially due to Ethereum having the highest TVL at $67.387B, analysts speculate it could hit $7K.
Another element propelling Ethereum forward is Etherealize, an Ethereum Foundation-supported marketing agency that educates organizations about the network.
Such developments, along with $ETH climbing by 6.5% since the previous day, point towards a promising outlook for both $ETH and ERC-20 tokens, including $WEPE, $MIND, and $MEMEX.
1. Wall Street Pepe ($WEPE) – Insider Insights for Crypto Degens
Wall Street Pepe ($WEPE) is a frog-themed coin that aims to take advantage of Pepe’s $6.5B market capitalization. However, in contrast to its predecessor, it has practical utility: exclusive trading insights for degens.
By providing small-scale crypto investors with trading strategies reminiscent of the Wolf of Wall Street, $WEPE strives to assist them in outsmarting crypto whales, who manipulate the market for their own advantage.
In addition to acquiring groundbreaking strategies, $WEPE holders can share their own successful tactics, for which they receive compensation. Approximately 15% of the project’s total token supply is intentionally reserved for this purpose.
Furthermore, additional $WEPE can be earned through staking, with 12% of the overall supply allocated for that.
Given that $WEPE’s price has already surged by 83.25% from $0.00020000 to $0.0003665 and that projections suggest its price could hit $0.0013 (a 254.71% increase) by the end of this year, now is an ideal moment to purchase the coin during the presale.
2. MIND of Pepe ($MIND) – AI Agent Providing Crypto Trading Strategies
MIND of Pepe ($MIND) is yet another frog-themed coin building on Pepe’s success. In merely 48 hours since its presale began, it surpassed $1.8M.
While similar to $WEPE in offering token holders exclusive trading insights, it distinguishes itself by utilizing AI.
The AI agent token investigates crypto Twitter (formerly X) to discern the current trends in the cryptocurrency landscape. It then shares its insights with token holders, equipping them with a competitive advantage in the blockchain market, which is projected to reach an astonishing $1,000T by 2032.
Early adopters can access exclusive insights into the rapidly growing Web3 market by acquiring $MIND during presale (currently priced at just $0.0031889) and through staking, yielding a current 626% APY.
Its staking program, along with 20% of $WEPE allocated for marketing and 30% for development, also enhances its sustainability and improves its likelihood of long-term success.
3. Meme Index ($MEMEX) – Meme Indexes Suited to All Risk Tolerances
Meme Index ($MEMEX) is an appealing Ethereum-based investment that consolidates industry-wide exposure into four specially curated meme coin indexes.
The meme coin collections vary from low to high volatility, allowing holders to select ones that fit their investing preferences.
For example, Titan provides insights into the top ten meme coins with the largest market caps, which are considered lower-risk due to their high demand.
Conversely, the Meme Frenzy Index showcases the most high-risk investment opportunities with the potential for substantial returns.
The choice of Meme Index ultimately depends on your personal risk appetite.
In addition to its versatile collections, $MEMEX is also a governance token, empowering token holders to influence the future direction of the Meme Index ecosystem. They can vote on meme coins to be included in the collections and on future developments to guide the coin towards prosperous ventures.
It also offers an enticing staking reward, featuring an impressive 821% APY, providing stakers with passive income every three years.
Additionally, security-minded investors can feel reassured. The smart contracts governing these functions for governance and staking have undergone comprehensive audits to provide a safe and clear experience.
$MEMEX might be the upcoming coin to achieve a 100x return. This is particularly relevant given that it’s quite easy to acquire during presale (currently priced at $0.0155312). We forecast it could attain $1.75 by the year 2030.
4. Onyxcoin ($XCN) – Assist in Developing DeFi Solutions From the Ground Up
$XCN functions as the foundation of Onyx Core, a blockchain framework that facilitates the creation of DeFi solutions from inception to completion on the Ethereum blockchain.
Ultimately, it empowers developers and enterprises to initiate and manage their own networks, thus enabling the seamless transfer of digital assets globally.
Its distinctive feature is its interoperability with various independent networks and digital currencies, harnessing their advantages to innovate traditional financial systems.
$XCN fulfills three key roles within the ecosystem. Firstly, it serves as a governance token, allowing holders a voice in its future trajectory. Secondly, it acts as a currency for paying for Onyx and Chain.com’s services.
Finally, it is possible to stake it with a 30.62% APY – a total of $50.89M has already been staked.
The utility cases for the coin have bolstered its upward trend. Over the past week, it has surged by 205%, raising its price to $0.02319.
5. Ondo ($ONDO) – Cast Votes on a DeFi Protocol’s Financial Instruments
The next cryptocurrency poised for a breakout could be $ONDO, a governance token that empowers holders to vote on the application of top-tier financial mechanisms within its DeFi protocol.
Some of the tools and services offered by Ondo include:
Liquidity pools that provide users with passive income while stabilizing the platform
Crypto loans with fixed interest rates to mitigate profit losses during market fluctuations
Tokenized real-world assets (RWAs), simplifying access to equities and bonds in the DeFi landscape.
Considering that the RWA market is expected to reach $30T by the year 2030, $ONDO represents an excellent opportunity to capitalize on this growth.
Currently, the coin is priced at $1.51, and its market capitalization has risen by 16.5% since yesterday, totaling $4.75B.
Each of these tokens benefits from the extensive smart contract functionalities and DeFi applications of Ethereum.
ERC-20 Tokens May Be the Upcoming Cryptocurrencies to Surge
With the increasing adoption of $ETH, partially driven by the conclusion of SAB 121 and the educational resources from Etherealize, ERC-20 tokens may become the next cryptocurrencies to experience significant growth, as they capitalize on the advantages of the network (smart contracts, DeFi, scalability, digital ownership).
The coins we have reviewed provide low-cap entry points into the flourishing Ethereum ecosystem for a fraction of the cost.
However, please keep in mind that this is not financial guidance. It is essential to conduct your own investigation before diving into crypto investments and be prepared for the possibility of losing your invested amount.
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