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Gensler(SEC) – VALUELESS, MEME

June 25, 2024
in Blockchain, Crypto Exchanges
Reading Time: 4 mins read
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THAT’S EXACTLY SEC

What is  Gensler(SEC) and what does it solve?

XRP’s first meme coin has launched. It brought to the forefront the SEC, the organization most associated with XRP and at the same time deeply conflicted with it. Since the SEC plays such a pivotal role in the current coin landscape and is responsible for a number of policies related to cryptocurrencies, most notably Ripple and its litigation, SEC and its head, Garygensler, could be a significant trendsetter for the XRP memecoin. The SEC passed a Bitcoin ETF and is expected to pass a number of ETFs in the future, including Ethereum, Solana, and Ripple.

And the SEC (gensler) coin is the reigning king of memes in the Ripple ecosystem. There is no fundamental technical value to this coin. However, if Ripple wins the case against the SEC, if Ripple’s ETF is approved, or conversely, if Ripple loses the case against the SEC, either positively or negatively, the SEC will have a lot of influence on all cryptocurrencies in general and Ripple in particular.

That’s why the SEC meme coin was issued, and the team believes it will have a global impact. The SEC (gensler) coin is a meme coin with no intrinsic value or expectation of financial return. There is no official team or roadmap, the coin is completely useless and is only for entertainment purposes. The coin creators believe that a strong meme element is the key to a meme coin’s success, and that’s what SEC(gensler) Coin is.

Token Overview 

  • Token name: Gensler SEC 
  • Token symbol: SEC/USDT 
  • Total supply:420,690,000,000,000

SEC(gensler) coin is a community coin with no intrinsic value or expectation of financial return.There is no formal team or roadmap.

Ethereum-based Shiba Inu (SHIB) stands at $19 billion, Solana-based Wifecoin (WIF) at $2 billion, and TON-based Notcoin (NOT) at $1.6 billion. In contrast, the XRP-based meme coin SEC has a market cap of only $0.003 billion at its IEO price, which is nearly 600 times less than (SHIB). SEC is notable for being the first meme coin from the XRPL and the first to go public.

Launchpad Startup Event


Coinstore has announced the upcoming Initial Exchange Offering (IEO) for the Gensler SEC ($SEC) meme coin. The SEC/USDT trading pairs will be available in 2024, with the exact listing time to be provided in an official announcement.

Launchpad Detail

  • Time: June 22nd, 2024, 1:00 PM – June 23rd, 2024, 1:00 PM (UTC+8 )
  • Total Supply to Coinstore Launchpad: 66,666,666,666,666.67 SEC
  • Fund to Raise: 500,000 USDT
  • Token Commited: USDT
  • Hard Cap Per User: 3,000 USDT
  • Vesting: No vesting

Conclusion

Meme tokens are often subject to high volatility and speculative trading due to their speculative nature and reliance on community sentiment. Investors should exercise caution and conduct thorough research due to the inherent risks associated with these tokens, including liquidity issues, price manipulation, and regulatory uncertainties.

Despite their often lighthearted origins,SEC (gensler) contributes to the innovation and experimentation within the broader crypto ecosystem. It showcases the creative potential of blockchain technology in engaging new audiences and exploring unconventional use cases.

SEC (gensler) Official Media

Website  

About Coinstore

Accessibility. Security. Equity.

As a leading global platform for cryptocurrency and blockchain technology, Coinstore seeks to build an ecosystem that grants everyone access to digital assets and blockchain technology. With over 7 million users worldwide, Coinstore aims to become the preferred cryptocurrency trading platform and digital service provider worldwide.

Coinstore Social Media

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Telegram Discussion | Telegram Announcement

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