XRP News: 11.81B XRP Stack Up on Exchanges as Pepe Cofounder’s Pepeto Presale Tops $11.2M

If you follow XRP news, the last two weeks felt like a slow leak. XRP slid from $1.52 to $1.29 and now trades near $1.33. Yet exchanges hold 11.81 billion XRP, the most in a year, per CryptoQuant data cited by BeInCrypto.

Borrowed bets on Binance shrank 15.8% in that time. XRP set its $3.84 record in January 2018, nearly three times today’s price. The headlines belong to big coins, but the biggest gains often come one step earlier, before a coin lists. Pepeto, a presale meme coin that already runs an exchange with no swap fee, sits at that step.

XRP News Today: Exchanges Hold 11.81 Billion XRP, the Most in a Year

The latest XRP news is about supply on trading sites. On October 17, exchanges held 11.81 billion XRP, more than on 99% of days this past year, BeInCrypto reported. Coins on an exchange can be sold fast.

At the same time, open bets on Binance fell from $538.1 million on October 4 to $453 million, per 36Crypto. Borrowed money already lost $25.7 million to forced selling on October 7 and 8. So much of the risky money is gone, and buyers now look for what moves next.

XRP News Shows Sellers Waiting, While a Smaller Coin Checks Every Trade First

Pepeto: 42 Checks That Catch a Trap Coin Before Your Money Moves

Those 11.81 billion XRP can be sold in seconds, because XRP trades freely. Many small coins cannot, because their code quietly blocks the sell. That trap is called a honeypot, and Pepeto answers it with a tool, not a promise. Its cofounder built the original Pepe coin, and a former Binance expert sits on the dev team.

A low price is only half the story. The other half is how the project treats risk. Pepeto runs a live security scanner with 42 checks, and it reads the chain as it stands right now. Each scan also tests a buy and a sell on a copy of the chain, before your money moves.

You do not need extra tools to use it. Paste a contract and the scanner looks for hidden owners, mint buttons, taxes that can change, and who holds the coins. You get a score from 0 to 100 and a clear verdict. If the code hides a trap, the trade is blocked by default.

Here is how one scan looked. A token scored 6, flagged critical as a honeypot, because the test sell failed. The trade never went through, so the buyer kept his money instead of owning a coin he could never sell.

Beyond the scanner, Pepeto sells for $0.0000001902 at this stage. Holders can stake at 160% APY, a rate that the pool’s rewards and the staked total reset each day, with rewards claimed at listing. Each new stage lifts the price, so today’s seat is the earliest one still open.

XRP Price Prediction: Can XRP Win Back $1.38 This Month?

XRP needs to close above $1.38 to open the road to $1.50 this month. For today, support sits at $1.2941, the June 15 high, per Tradingpedia on October 20. The first ceiling is a broken trendline near $1.35. XRP trades near $1.33, so the gap to $1.38 is about 6%.

This week, the 50 day line at $1.375 and the 200 day line at $1.395 stand in the way. RSI sits near 36 and MACD is below zero, so sellers still lead. If $1.2941 fails, Tradingpedia sees $1.1866 next.

Analyst Ali Martinez, quoted by BeInCrypto, marks $1.25 as the key floor and $1.56 as the big wall. A break above $1.56 could send XRP toward $2. If $1.25 gives way, he sees $1.00. Even the bull case is about a 54% climb from here.

Conclusion

While XRP news is full of coins waiting to be sold, a simpler bet may sit in a coin that has not listed yet. Its cofounder took the original Pepe coin to about $11 billion with no product, on the same 420 trillion supply. This time, an exchange, a bridge and a scanner sit behind the token.

Matching Pepe’s peak would mean about 138x from today’s price. At that level, $1,000 would grow to about $138,000, though that is a big if. The next stage on the Pepeto official website costs more. So you back a pattern that already worked once, at the lowest presale price left.

Click To Visit Pepeto official Website To Enter The Presale

FAQs

What did CryptoQuant data reveal in the latest XRP news?

Exchanges now hold 11.81 billion XRP, the most in a year, while Binance bets fell 15.8% to $453 million, per CryptoQuant data cited by BeInCrypto.

What big milestone has Pepeto hit while XRP news stays red?

Pepeto has passed $11.2 million, backed by a working exchange plus a scanner. Its price climbs at the next stage on the Pepeto official website, so today’s entry is the lowest left.