Best Penny Crypto To Watch Today As XRP Price Drops Under 70 Cents

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Penny cryptocurrency projects and cryptos under $1 are often favored by investors. The XRP price once traded as low as $0.0028, a fraction of a cent.

Since the Meta 2.0 version leverages the achievements of a well-established brand name to replicate past return-on-investment successes, XRP20 emerges as the latest iteration within the XRP coin series.

New Penny Cryptocurrency – XRP20

XRP20 is a compelling new cryptocurrency that introduces a stake-to-earn utility, aiming to follow in the footsteps of the highly popular XRP currency issued by Ripple. Amidst the challenges faced by the XRP price, a fresh token derived from it is offering investors a renewed sense of hope.

For investors who may have missed the opportunity to invest in XRP when it was trading at its lowest point of $0.0028, the XRP20 presale offers an enticing chance to participate with a significant 30x discount at the price of only $0.000092 per token.

This presale is expected to be in high demand, with the XRP20 coin team targeting a minimum soft cap of $1,850,000 and a desired hard cap of $3,680,000. Given the growing interest in cryptocurrencies and the potential for significant price growth, it might be wise to keep a close eye on XRP20 and its performance in the market.

XRP20 – Challenging Critics and Enriching the XRP Community

The SEC’s actions against Ripple proved insufficient to halt XRP, thanks to its passionate and engaged crypto community. Despite challenges, the dedicated XRP Army remains resolute. With the launch of XRP20, both the extensive XRP community and those intrigued by XRP now have an opportunity for a remarkable 227x return.

Furthermore, following the courtroom victory, XRP was once again listed on major exchanges such as Coinbase, which had temporarily delisted it during the pending issue. The court’s decision prompted the relisting, resulting in an immediate doubling of XRP’s value.

However, recent price increases for XRP have slowed down, reflecting the market’s pause as a whole due to widespread worries.

XRP20 Tokenomics

XRP20 distinguishes itself from its predecessor by introducing a range of distinctive features that pave the way for substantial and sustainable growth. Boasting a total token supply of 100 billion, $XRP20 employs a meticulously crafted distribution strategy that not only ensures lasting viability but also incentivizes active participation.

The ongoing presale allocation encompasses 40% of the total supply, emphasizing the significance of early engagement, while an equal 40% is allocated to fuel the project’s staking pool. The presale, with its minimum target of $1,850,000, is poised for rapid sellout, and the project aims to attain a hard cap of $3,680,000.

https://twitter.com/XRP20_coin/status/1686339872955457536?s=20

This staking mechanism proves pivotal, enabling token holders to generate passive earnings by locking up their holdings. In addition, $XRP20 is characterized by a deflationary framework that incorporates a 0.1% burning rate applied to all purchase and sale transactions.

Possessing an engaging tokenomics framework, XRP20 offers an alluring opportunity for investors aiming to access a venture characterized by substantial and lasting potential.

XRP20 Roadmap

The XRP20 project has a well-defined roadmap consisting of four distinct phases. The progression through these steps shows a journey of development, motivation, insight, and exploration that will ultimately represent the project’s objective.

Take a closer look at the four crucial phases that are poised to guide XRP20 to success and enhance its role in the world of cryptocurrency.

Presale and Token Distribution

The primary focus lies in enhancing public awareness regarding XRP20, with the ultimate goal of offering fresh opportunities to newcomers in the swiftly evolving cryptocurrency realm. In order to foster a strong community, a transparent and inclusive presale event will be orchestrated.

Pre-Launch Marketing and Awareness

Throughout the presale timeframe, marketing efforts will commence, centered on the simplicity and accessibility of obtaining XRP20. The emphasis will be on highlighting its value proposition as an opportunity for early token acquisition and staking, enabling passive income.

These marketing activities will be initiated as part of the presale phase.

Launch and Burn Activation

Following a successful launch on DEX, a core initiative involves implementing a token-burning mechanism. This feature automatically reduces the token supply with each transaction, thereby increasing its scarcity.

Post-Launch Community Staking

The objective is to establish a vibrant and engaged community around XRP20, driving the growth of the network. Post-launch, staking will be a central focus to nurture vested interest and incentivize the community to lock up supply.

The remarkable initial expansion of the XRP20 Telegram channel serves as proof that the captivating roadmap has effectively piqued the curiosity of numerous cryptocurrency investors.

How to Buy an $XRP20 Token

Within a mere 24 hours since its presale launch, XRP20 has amassed over $117k in funds and is swiftly progressing towards achieving the $1,850,000 soft cap target. For investors interested in acquiring the token, a step-by-step guide on how to make the purchase is provided below.

Step 1: Create a wallet

To participate in the presale, investors need MetaMask or Wallet Connect. Download them from the official website and ensure the HTTPS certification is correct. These are the only accepted Web3 wallets for the presale.

Step 2: Send ETH or USDT to a wallet

To take part in the XRP20 presale, participants will need cryptocurrency, specifically USDT and ETH, to finalize their transactions. It is advisable to have some extra ETH to cover network fees.

Crypto can be purchased from various major exchanges, and the funds will be sent to the individual’s ETH or USDT address in their preferred Web3 wallet, such as MetaMask or Wallet Connect. Some popular centralized exchanges where crypto can be obtained include Kraken, Coinbase, Bitfinex, and Binance.

Step 3: Connect the wallet

The presale page features a “connect wallet” option, allowing individuals to link their Wallet Connect or MetaMask. This action signifies the destination for token delivery following transaction finalization.

Step 4: Buying the $XRP20 token

After connecting the wallet, investors need to indicate the desired spending amount. Given the rapid pace of crypto transactions, this step is notably swift. However, one should exercise caution, particularly when working with small figures and a multitude of decimal places, as errors can easily occur.

Step 5: Claiming an $XRP20 token

Upon the conclusion of the presale and the availability of tokens, participants will have the opportunity to claim their tokens. This process involves using the same wallet employed for contributions on the website. The act of claiming is set to coincide with the listing on the decentralized exchange.

Conclusion

Potential early investors in $XRP20 have the opportunity to realize substantial gains, capitalizing on the impressive historical growth observed in XRP. The inherent advantages of $XRP20, which encompass enhanced features for storage, trading, and tracking when compared to XRP, are a direct result of its foundation on the Ethereum blockchain.

Noteworthy is $XRP20’s introduction of a stake-to-earn mechanism tailored for long-term holders, coupled with a strategic plan to augment scarcity by burning 10% of its token supply. Take part in the XRP20 presale at xrp20coin.com.