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XRP20 Presale Goes Live On Ethereum – The ‘Next Evolution’ Of XRP With Staking
The XRP20 crypto project announced the launch of its presale today, August 1st, at xrp20coin.com.
Built as an ERC20 token on the Ethereum blockchain, XRP20 aims to be a more user focused and accessible token – adding stake to earn utility, a burn mechanism making it deflationary, and a low price point even cheaper than the all-time low XRP price, currently available on presale at a single stage price of 1 XRP20 = $0.000092.
XRP20 Presale Tokenomics
$XRP20 has a 100 billion total supply modelled on XRP’s tokenomics.
Of that total supply, 40% is allocated to the presale, 40% to staking rewards, 10% to exchange liquidity and 10% to its scheduled token burn. 0.1% of every XRP20 transaction is automatically burnt.
The XRP20 presale soft cap is $1.85 million, and its hard cap $3.68 million.
Why Buy XRP20 Token?
The XRP20 website states that putting its community first, the retail investor, is the focus of the project:
‘No retail buyer had the chance to buy XRP during any ICO back in 2012 when the company was formed. But today you can buy XRP20 in presale at an even lower price than $0.01 when the original token entered the market. The original XRP was designed for legacy financial institutions and has always lacked utility for retail investors. XRP20 changes this by introducing on-chain staking. Now anybody holding XRP20 can stake their tokens to earn passive income.’
The XRP20 price is approximately 30 times cheaper than the XRP price at its all-time low of $0.0028.
The decision to launch on ETH also provides additional benefits – Ethereum is the most used and secure chain with the widest range of decentralized wallet providers, making it simple for buyers to trade, track and store XRP20.
Not affiliated with Ripple, $XRP20 is also a vehicle for speculation with its low market cap, aiming to capitalize on the recent crypto trend of community-focused ‘2.0’ and ‘20’ themed coins that outperformed the market, such as Pepe 2.0.
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Following Pepe 2.0, a range of meme coins and ‘2.0 tokens’ centred around Bitcoin, Ethereum and other big caps have launched, favored by traders for their high upside potential. XRP20 aims to combine both a high ROI potential at its IDO on Uniswap with its low market cap, and a long term roadmap – including its staking rewards and burn mechanism.
XRP20 Token Trending
Currently attracting the attention of several crypto influencers, XRP20 was reviewed today by the CryptoNews YouTube channel and a range of crypto news sites, who noted its fair launch structure without incremental price rounds or team tokens.
Join the XRP20 Telegram at – admins will not DM you first, beware of impersonators – and follow its official Twitter account @XRP20_coin to stay upto date on the project’s progress.
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