XRP News Today: Ripple Co-Founder's XRP Sell-Off Sparks 13.89% Drop as WeWake Presale Gains 15x on Gasless Onboarding

Ripple co-founder Chris Larsen has drawn criticism after transferring 50 million XRP—valued at $175 million—into exchange accounts as the token approached its peak price of $3.60. Blockchain analyst ZachXBT reported that $140 million of the transfer was directed to centralized exchanges, signaling potential intent to sell at near-peak levels [1]. The move coincided with a price drop in XRP, which fell below $3.10 shortly after the transaction, raising concerns among traders about insider selling and market manipulation. Larsen’s wallet still holds over 2.81 billion XRP, fueling speculation that further sales could exacerbate downward pressure on the token [1].

Amid XRP’s volatility, the WeWake presale crypto has emerged as an alternative investment opportunity. Priced at $0.0100 during its Stage 2 presale, WeWake aims to simplify crypto onboarding through walletless logins and gasless transactions. The platform leverages ERC-4337 smart wallets and zk-rollups to enable users to access decentralized finance (DeFi), NFTs, and decentralized applications (dApps) without requiring private keys or gas fees. The token’s public listing price is projected at $0.15, offering early buyers a 15x entry advantage [1].

WeWake’s roadmap emphasizes scalability and accessibility, with a planned mainnet launch in Q2 2026. Key milestones include a Q4 2025 public testnet, integration of Telegram Mini Apps, and the rollout of governance tools for ecosystem upgrades. The project’s tokenomics allocate 32% of its 308.7 million WAKE token supply to the presale, while 14% supports ecosystem incentives and 12% funds governance and treasury reserves. Developers and users can stake WAKE tokens to earn rewards or influence platform decisions, aligning long-term growth with community participation [1].

The contrasting narratives of XRP and WeWake highlight divergent market dynamics. While insider activity in established projects can trigger short-term sell-offs, emerging protocols with user-centric designs may attract capital during periods of uncertainty. WeWake’s focus on gasless transactions and streamlined onboarding addresses a critical pain point in crypto adoption, particularly in markets where traditional onboarding barriers hinder growth. However, the success of presale projects often hinges on execution—WeWake’s ability to deliver on its roadmap, including zk-rollup integration and cross-chain partnerships, will determine whether it captures sustained interest [1].

Sources: [1] [Ripple Co-Founder Triggers XRP Sell-Off While WeWake Presale Crypto Surges] [https://www.livebitcoinnews.com/ripple-co-founder-triggers-xrp-sell-off-while-wewake-presale-crypto-surges/]