XRP news shows a strange split this week. Ripple’s dollar coin keeps landing in new places, yet XRP keeps slipping. On October 20, RLUSD went live on a bank backed platform in Turkey, per U.Today. XRP sat at $1.29 that day, 66% under its $3.84 peak, per CoinMarketCap.
XRP has lived this gap before. In January 2017 it traded under a penny, and a year later it hit that peak. This week’s story is about where coins are kept safe. Pepeto, a meme coin presale with its own zero fee exchange, answers it differently, with more than $11.2 million raised.
XRP News: Ripple’s Dollar Coin Reaches a Bank Backed Platform in Turkey
The latest XRP news came from Turkey on October 20. Inveo Kripto, a platform where a bank holds the coins, added Ripple’s RLUSD to its app, its website and its desk for big trades. Per U.Today, it is the first time RLUSD has gone live on a bank held platform there.
Inveo is on the license list of Turkey’s Capital Markets Board, and RLUSD, launched in December 2024, is now worth about $2.4 billion, per Haberler. Each new bank partner brings Ripple’s coin closer to daily use. The price, though, is still waiting for that use to show up.
Beyond the XRP News: One Early Coin, and the Levels XRP Must Clear
Pepeto: A $0 Bridge That Never Hands Your Coins to a Company
In Turkey, a bank holds the coins so buyers feel safe. Pepeto takes the opposite road: its bridge moves your coins without anyone holding them. Its buyers have put in more than $11.2 million so far, and the price rises at every new stage. That climb is set before any exchange lists the coin, which is why the first stages matter most.
Three tools already run on its platform: an exchange, a bridge and a risk scorer. The bridge is the one that fits this week’s story. Moving coins between chains can go badly wrong. Other bridges charge $15 to $50 a trip, take minutes or hours, and a failed transfer can lock funds for good.
Pepeto’s bridge charges $0 in bridge fees, so you pay only gas. Your tokens lock in an audited contract on one chain, then mint on the other once the lock is proven. If a transfer fails, the lock reverts on its own, so your coins come back.
It links Ethereum, BNB Chain, Solana, Base and Arbitrum in under 60 seconds. One test transfer took 41 seconds. No operator ever holds your coins, and no one has to approve the move. The token supply stays the same on every chain.
The next date that counts is the Binance listing, which is approaching, and analysts project 500x from the presale price. At $0.0000001902, a $1,000 buy gets about 5.26 billion tokens. At 500x, that stack would be worth about $500,000, a big if, and nothing is promised. Each new stage costs more. XRP’s penny days are long gone, while Pepeto’s stage price is still on offer.
Can XRP Reach $1.50 Before the Year Ends?
XRP can reach $1.50 by year end if it first clears $1.38, two recent charts suggest. Tobi Opeyemi Amure at FinanceFeeds puts today’s floor at the 200 day average near $1.28, with the lower Bollinger band at $1.24. Daily RSI reads 36.51, while the Stochastic sits under 20, a level chartists call oversold.
This week, a weekly close above the 200 EMA near $1.38 opens the bull case, and a daily close under $1.27 points to $1.24. For the month, the weekly 50 MA at $1.49 and the $1.60 zone are the next walls.
Sam Daodu at 24/7 Wall St sees resistance at $1.42 and a $1.50 goal for year end. From $1.29, that is about 16%, which means real money on a big stack and small money on a small one.
Conclusion
The latest XRP news puts Ripple’s coin on a bank backed platform in Turkey. It also shows how slowly an $82 billion coin moves. Pepeto’s presale total is past $11.2 million, and its Binance listing is approaching.
Timing made XRP’s early holders. On January 1, 2017, XRP cost $0.00629, so $1,000 bought about 159,000 coins. At the $3.84 peak a year later, they were worth about $610,000, using prices from Motley Fool. Those buyers simply got there first.
The listing is where presale holders see what their early price was worth, while later buyers pay more. The round on the Pepeto official website is open now. You are still early.
Click To Visit Pepeto official Website To Enter The Presale
FAQs
What is the latest XRP news report?
The latest XRP news is Ripple’s RLUSD going live on a bank backed platform in Turkey on October 20. XRP still trades near $1.29, about 66% under its peak.
When can buyers claim their rewards after the Pepeto presale?
Pepeto stakers claim their rewards at listing, so buying earlier means more time earning. Each stage on the Pepeto official website also costs more than the one before it.
Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, including total loss of capital.
All market analysis and token data are for informational purposes only and do not constitute financial advice. Readers should conduct independent research and consult licensed advisors before investing.
Crypto Press Release Distribution by BTCPressWire.com
