Key Takeaways
- • Generali Investments launched a tokenized share class of its money market fund on October 21, with the fund holding about €13 billion and the firm managing €759 billion in total, according to Ledger Insights and RankiaPro.
- • Access to the tokenized class is currently limited to Generali Group companies, with other clients to follow later.
- • This article is a paid promotional press release for Pepeto, a meme coin presale; its claims of 200x upside and 160% staking APY are unverified and not promised by the issuer.
- • Stellar (XLM) trades at $0.182, about 80.6% below its January 2018 high of $0.9381, ahead of a November 3 test-network vote on its Bell upgrade.
- • Cardano (ADA) trades at $0.224, about 92.77% below its September 2021 high of $3.10, with an analyst-cited technical target of $0.416 contingent on a weekly close above $0.278.
Summary
Generali Investments launched a tokenized share class of its money market fund on October 21, according to Ledger Insights. The fund holds about €13 billion, and the new class is hosted on a blockchain. RankiaPro reports that Generali manages €759 billion in total. For now, only Generali Group companies may invest in the tokenized class, with other clients expected to gain access later.
The remainder of the source is a press release distributed via openPR promoting Pepeto, a meme coin presale. The release claims more than $11.2 million has been raised across presale stages, a current token price of $0.0000001902, and a 160% staking APY that it says varies daily and is not guaranteed. It also cites a 200x price projection attributed to unnamed analysts, a SolidProof code audit, and KYC completion. These claims are promotional and unverified by independent sources, and the release itself carries a disclaimer that cryptocurrency markets carry significant risk of loss.
The article also cites figures for two other sub-$1 tokens. Stellar trades at $0.182 on CoinMarketCap, up 2.8% over a day and 80.6% below its $0.9381 high from January 2018. On October 20, the Stellar Development Foundation outlined its Bell upgrade, which adds safety checks intended for future quantum computing threats, per Blockonomi. The test network votes on November 3 and the main network on November 23. Cardano sells for $0.224 on CoinMarketCap, 92.77% below its $3.10 high from September 2021. Founder Charles Hoskinson said on October 19 that he is building a new coding language for the network, per CoinDesk. Analyst Giannis Andreou identifies a cup-and-handle pattern, with a weekly close above $0.278 pointing to $0.416 and a drop below $0.16 invalidating the setup, per ZyCrypto.
The remainder of the source is a press release distributed via openPR promoting Pepeto, a meme coin presale. The release claims more than $11.2 million has been raised across presale stages, a current token price of $0.0000001902, and a 160% staking APY that it says varies daily and is not guaranteed. It also cites a 200x price projection attributed to unnamed analysts, a SolidProof code audit, and KYC completion. These claims are promotional and unverified by independent sources, and the release itself carries a disclaimer that cryptocurrency markets carry significant risk of loss.
The article also cites figures for two other sub-$1 tokens. Stellar trades at $0.182 on CoinMarketCap, up 2.8% over a day and 80.6% below its $0.9381 high from January 2018. On October 20, the Stellar Development Foundation outlined its Bell upgrade, which adds safety checks intended for future quantum computing threats, per Blockonomi. The test network votes on November 3 and the main network on November 23. Cardano sells for $0.224 on CoinMarketCap, 92.77% below its $3.10 high from September 2021. Founder Charles Hoskinson said on October 19 that he is building a new coding language for the network, per CoinDesk. Analyst Giannis Andreou identifies a cup-and-handle pattern, with a weekly close above $0.278 pointing to $0.416 and a drop below $0.16 invalidating the setup, per ZyCrypto.
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