Every crypto price prediction this week runs into one question: will new rules bring fresh money, or only more paperwork? On October 13, the SEC let Cboe’s rules for options on funds holding several coins take effect, TokenPost reported.
Yet each coin in such a fund needs a market value of at least $700 million on an average day. So the money this rule invites will reach the largest coins first. Pepeto sits far from those funds. It is a presale meme token with a live $0 bridge, and its raise has crossed $11.2 million.
The SEC Lets Cboe List Options on Multi Coin Funds, With a $700 Million Bar
Cboe filed the rules on September 29, and the SEC’s notice came on October 13. The SEC waived its usual 30 day wait, so the rules took effect the day they were filed, The Crypto Times notes. Each coin in a fund must clear the $700 million test over 12 months. The check runs coin by coin and is reviewed every month. No fund is approved yet. The big coins qualify first, and small coins wait their turn outside.
Crypto Price Prediction for October: Pepeto’s Bridge, and Where ZEC and ATOM Go Next
Pepeto: Five Chains, a $0 Bridge Fee and a 41 Second Transfer
This week’s rule news landed as Pepeto’s presale stood above $11.2 million, with its Binance listing approaching. Pepeto heads toward that listing with products already running, and analysts project a 300x after it lists.
Funds now have a clear path to hold many coins at once. A regular holder with coins on several chains needs something simpler: a cheap way to move them. Pepeto’s cross chain bridge moves coins between Ethereum, BNB Chain, Solana, Base and Arbitrum.
That matters most to small holders, since a $20 fee takes far more from a $200 move than from a $2 million one. The bridge fee is $0, so a buyer pays only gas. Most moves land in under 60 seconds, and one test run took 41. It works with MetaMask, Trust Wallet, Rabby and Phantom, so most buyers can keep the wallet they have.
Coins lock in an audited contract on the first chain. Once the lock is proven on the chain, the same amount appears on the second one. No IOU token stands in between, and total supply never changes. If a move fails, the lock reverses by itself. No operator holds the funds, and no one has to approve a move by hand.
Other bridges charge $15 to $50 a move, can take hours, and a failed one can trap money for good. PepetoSwap, the live exchange next to it, charges 0% on swaps. The entry still sits at $0.0000001901, and that price lasts only until the stage ends. Should the 300x call land, a $200 stake would grow to $60,000. Nothing is promised, and that is a big if.
Zcash: Can ZEC Break $1,320 Again?
ZEC trades at $1,096, per CoinMarketCap, with a value of $19.44 billion. Güvenç Koçkaya at CoinTurk marks $1,320, Monday’s high, as the level that would start a breakout, with $1,422 above it. On the way down, he watches $1,115, then $1,050 and $1,000. An RSI near 48 shows neither side in control. Even his top level sits only about 24% above today.
Cosmos: Can ATOM Win Back $1.80?
ATOM trades at $1.66, per CoinMarketCap, about 96% below its $44.70 record from September 2021. Enna Lee at TokenPost put support at $1.80, the 20 day average, on October 12. ATOM has since slipped under it, so $1.66 is now the line to hold. Back above $1.80, the next wall is $2.00, the upper Bollinger Band, with targets of $2.10 to $2.20. That is a gain of about 26%.
Conclusion
The SEC has opened a path for funds, and coins like ZEC and ATOM are testing their key levels. Next to those levels, this crypto price prediction for Pepeto is a different bet. It has a working bridge and exchange, a listing still ahead, and far more room than ZEC’s best case of about 24%.
Timing decides a lot in crypto. BNB’s first buyers paid about 15 cents in its July 2017 sale, BloFin Academy notes, and BNB trades near $729 today. A listing is the day presale holders get their chance, while later buyers pay more. Today, that early seat waits on the Pepeto official website.
Click To Visit Pepeto official Website To Enter The Presale
FAQs
What did the SEC’s new options rule change for crypto?
The SEC let Cboe list options on funds holding several coins from October 13. Each coin must hold a market value of at least $700 million on an average day.
What is the crypto price prediction for Pepeto after this SEC news?
Pepeto sits outside these funds, at stage price before listing. Analysts project a 300x after it lists, and the next stage shown on the Pepeto official website will cost more.
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.
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