Emily Walker
The new US SEC team, under President Donald Trump, has annulled SAB 121, a regulation governing how financial organizations report their cryptocurrency holdings as liabilities on balance sheets, a rule that has been in effect since March 2022.
This development brings attention to Ethereum, indicating that ERC-20 tokens could be poised for significant growth.
The termination of SAB 121 is noteworthy, as it may encourage more traditional finance (TradFi) firms to explore decentralized finance (DeFi). Notably, Ethereum currently leads in total value locked (TVL) at $67.387 billion, with analysts forecasting a potential rise to $7,000 for the cryptocurrency.
Furthermore, the Ethereum Foundation-backed marketing firm, Etherealize, aims to educate institutions about the Ethereum network, further supporting its adoption.
The recent spike of 6.5% in $ETH is another positive sign, suggesting a bright future for $ETH and other ERC-20 tokens such as $WEPE, $MIND, and $MEMEX.
1. Wall Street Pepe ($WEPE) – Insider Information for Crypto Degens
Wall Street Pepe ($WEPE) is a meme-inspired coin that seeks to leverage the $6.5 billion market cap of the Pepe brand. Unlike its predecessors, it provides practical utility by offering exclusive trading insights for retail investors.
By providing strategies reminiscent of classic Wall Street tactics, $WEPE aims to empower smaller investors to outmaneuver larger market players.
Besides gaining strategic insights, $WEPE holders can share their successful strategies for rewards, with approximately 15% of the total token supply allocated for this purpose.
A staking opportunity is also available, with 12% of the supply designated for staking rewards.
Given that $WEPE’s price has surged by 83.25% from $0.00020000 to $0.0003665, and predictions suggest a potential increase to $0.0013 (an increase of 254.71%) by the end of the year, now is a prime time to invest through presale.
2. MIND of Pepe ($MIND) – AI Agent Dishing Out Crypto Trading Tactics
MIND of Pepe ($MIND) is another frog-themed token inspired by Pepe, which raised over $1.8 million in just 48 hours of its presale launch.
While similar to $WEPE in providing trading insights, it sets itself apart by utilizing artificial intelligence.
The AI token scours crypto Twitter (X) for trending topics, sharing this intelligence with its holders to help them stay ahead in a rapidly growing market projected to reach $1,000 trillion by 2032.
Investors can gain access to exclusive insights into Web3 by acquiring $MIND at a current presale price of $0.0031889, and through staking, which offers a remarkable 626% annual percentage yield (APY).
The staking and marketing allocations of 20% for $WEPE and 30% for development further enhance its sustainability and long-term success potential.
3. Meme Index ($MEMEX) – Meme Indexes Catering to All Risk Appetites
Meme Index ($MEMEX) represents an appealing investment on the Ethereum blockchain, providing exposure to four tailored meme coin indexes.
The meme coin baskets vary in volatility, allowing investors to select those that align with their risk preferences.
The Titan index focuses on the top ten meme coins by market capitalization, offering a less risky investment option due to their demand.
Conversely, the Meme Frenzy Index showcases high-risk options that could yield substantial returns.
The choice of which Meme Index to participate in ultimately depends on individual risk tolerance.
Additionally, $MEMEX functions as a governance token, granting holders the power to influence the future direction of the Meme Index ecosystem by voting on coin inclusions and developments.
It also incentivizes staking with an impressive 821% APY, providing stakers with passive income every three years.
Investors can have peace of mind as the smart contracts governing these functions are fully audited, ensuring security and transparency.
The potential for $MEMEX to appreciate significantly is high, with presale purchases being easily accessible (currently priced at $0.0155312) and projections of reaching $1.75 by 2030.
4. Onyxcoin ($XCN) – Help Build DeFi Services From the Ground Up
$XCN serves as the foundational element for Onyx Core, a blockchain infrastructure that facilitates the development of DeFi services on Ethereum.
It enables businesses and developers to create and manage networks to seamlessly transfer digital assets.
Notably, it is compatible with independent networks and digital assets, allowing it to enhance traditional finance (TradFi) systems.
$XCN has three primary roles in its ecosystem: serving as a governance token, being used to pay for Onyx and Chain.com services, and offering staking opportunities with a current 30.62% APY. To date, $50.89 million has been staked.
The increased use cases for $XCN have contributed to its recent price rise of 205%, bringing it to $0.02319.
5. Ondo ($ONDO) – Vote on a DeFi Protocol’s Financial Tools
The upcoming cryptocurrency to watch is $ONDO, a governance token that empowers holders to vote on the financial tools utilized within its DeFi protocol.
Some of the offerings from Ondo include:
- Liquidity pools that provide users with passive income while stabilizing the platform
- Crypto loans with fixed rates designed to mitigate losses during market fluctuations
- Tokenized real-world assets (RWAs) for easier access to equities and bonds in DeFi
Considering the RWA market is anticipated to reach $30 trillion by 2030, $ONDO presents an attractive opportunity for involvement in this growth.
Currently valued at $1.51, the market cap has seen a 16.5% increase since yesterday, reaching $4.75 billion.
All these tokens benefit from Ethereum’s extensive smart contract capabilities and the DeFi landscape.
ERC-20 Tokens Might Be the Next Cryptocurrencies to Explode
The increasing adoption of $ETH, bolstered by the cessation of SAB 121 and educational supports from Etherealize, indicates that ERC-20 tokens may soon see significant price movement, as they utilize the advantages of the Ethereum network (such as smart contracts and digital ownership).
The tokens discussed offer low-investment opportunities within the vibrant Ethereum ecosystem, often at minimal costs.
Despite this optimism, it is crucial to emphasize that this is not financial advice. Investors should conduct their own research before committing funds to crypto and be prepared for potential losses.