The post Ripple Plans to Launch Own Stable Coin; While Kaspa Tails the Path, Angry Pepe Fork Dominates the Presale Market appeared on BitcoinEthereumNews.com.

The crypto market is getting more interesting by the day with the emergence of new cryptocurrency. In the latest episode, Ripple (XRP) network announced the upcoming launch of its stablecoin, Ripple USD (RLUSD).  However, Ripple is not the only one walking the path. Kaspa (KAS) representative also left a hint in an interview about the company’s plan to launch a stable coin as well. Amidst this development, Angry Pepe Fork (APORK) has emerged in the presale market as a beacon of hope for meme coin enthusiasts. With a unique “conquer-to-earn” system, Angry Pepe Fork introduces a fresh earning opportunity. Ripple Price Regains Positive Momentum Following the Disclosure of a Stable Coin in the Making The announcement of Ripple USD (RLUSD) stable coin seems to have triggered a positive price movement for Ripple (XRP) token, the native cryptocurrency of the Ripple network. Although, this is not a new update, as the company first tweeted about it in April.  However, the company shared more details about the plan in a recent tweet that appears to have contributed to XRP token’s current upsurge. Meanwhile, this announcement coincides with a generally bullish market, which makes it a little bit hard to tell if that’s the sole reason for the price pump seen in XRP price, following a sharp decline earlier in the week.  Notably, Ripple fell off from a weekly high of $0.52 to $0.47 before it recently gained some momentum and is now approaching the $0.50 resistance level. While the plan to launch a stable coin looks feasible, the XRP token is also in line for a substantial price gain, thereby ranking it among the best crypto coins to buy now. Kaspa Price Maintains Month-Long Positive Price Momentum Like Ripple, Kaspa (KAS) appears to also have interest in issuing a stable coin in…

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Filed under: News - @ June 17, 2024 3:04 am