Wall Street Pepe heats up as $XRP looks poised to return to $3 after a series of buys, ETF rumors, and corporate adoption push its price.
A potential rally by $XRP could be on the horizon. Massive retail buys, increased corporate adoption, and anticipation for the approval of $XRP ETFs have pumped the market.
These factors could bring the coin back to the $3 level after it suffered a steady decline in August.
Bullish sentiment on XRP and altcoins in general tends to spill over to meme coins as traders look for investments to diversify their strategies and seek potential upside.
This includes Wall Street Pepe ($WEPE), coming to Solana, which is generally recognized as the home of the best meme coins.
Overall Bullish Sentiment Drives $XRP Near the $3 Level
It’s been a busy week for $XRP last week, as a massive market buy of 3M $XRP perpetuals yesterday has driven its value near the $3 mark.
Moreover, the coin heated up after growing speculation that $XRP ETFs will be approved in October. According to estimates, these ETFs could see inflows between $5B and $8B in the first year alone, signaling $XRP’s attractiveness among investors.
Further fueling the bullish sentiment was Air China’s plan to provide customers outside China with $XRP payment support.
Per the company’s statement, doing so would allow travelers, ‘to benefit from faster settlement, tokenized rewards, and blockchain-enabled vouchers directly tied to their membership benefits.’
A solid $XRP rebound would further drive bullishness in the market, signaling to traders that risk-taking behavior is back on the menu.
And what better way to maximize your risk–profit strategy than by betting on upcoming meme coins like Wall Street Pepe?
Wall Street Pepe: One Army, Two Chains
When the Wall Street Pepe ($WEPE) presale arrived on the Ethereum blockchain, investors quickly scrambled to get their share of the promising project. As a result, it quickly raised $70M to wild acclaim from traders.
It was clear that its message to level the playing field resonated with many investors, many of whom lacked the resources whales use to control the market.
But since the presale ended earlier this year, $WEPE (ETH) faced selling pressure, losing a lot of community sentiment and trust.
Plus, being on the Ethereum blockchain priced out smaller traders because of the high gas fees.
That’s why Wall Street Pepe came back faster and more affordable than ever on the Solana blockchain.
Better-known as the home of meme coins, Solana is fast and has super-low transaction costs, making it the perfect platform for high-frequency traders and degens.
But before $WEPE launches on Solana, its coin on Ethereum must first reach $0.001, essentially pegging the value of coins on the two blockchains 1:1.
For now, you can buy $WEPE for Solana at $0.001. When you do that, the smart contract will burn an equivalent dollar value of $WEPE on Ethereum.
This benefits both coins:
- Burning $WEPE (ETH) tokens increases scarcity, driving the price up.
- $WEPE SOL holders will eventually go multichain on Ethereum post-launch.
To join the $WEPE Army, first visit the official Wall Street Pepe website, connect your crypto wallet (e.g., Best Wallet), choose your payment method (credit/debit cards and crypto are accepted), and buy $WEPE (SOL) tokens.
When $WEPE launches on Solana, this could instantly make the token a top 10 Solana meme coin. So, if you’re looking for a promising coin with huge potential upside, $WEPE (SOL) is definitely worth a look.
Get your $WEPE (SOL) tokens before the peg happens and it potentially explodes.
Time for $XRP’s Glorious Return?
At the moment, only time will tell if $XRP can make a successful comeback to $3. If it does, this could push the coin’s value further, especially when FOMO sets in. The approval of the rumored $XRP ETFs and whale accumulation could only add fuel to the fire.
All these could also fan the flames of the coming of Wall Street Pepe ($WEPE) on the Solana blockchain. As a coin that aims to bring the power to smaller players, its launch on Solana could bring this plan closer to reality.
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Reporter at Coindoo
Source: https://coindoo.com/xrp-rally-possible-as-wall-street-pepe-solana-heats-up/