While the memecoin market is attracting attention due to the recent good performance of memecoins, it was announced that SEC (Gensler), a virtual asset memecoin that is attracting attention from the U.S. Securities and Exchange Commission (SEC), has recently been launched.

This meme coin symbolizes the future impact on the cryptocurrency market, centered on the legal dispute between Ripple (XRP) and the SEC. Currently, the SEC acts as a major regulatory body in the cryptocurrency market and is recognized as an entity that is influencing cryptocurrency prices, especially through the lawsuit against Ripple.

SEC (Gensler) Memecoin was created against the backdrop of a legal dispute with Ripple, and the role and related policies of SEC head Gary Gensler, and predictions for the future cryptocurrency market are of major interest.

An SEC (Gensler) Memecoin official said, "The SEC has recently approved a Bitcoin ETF, and is expected to approve various cryptocurrency ETFs such as Ethereum and Ripple in the future." He added, "In particular, the lawsuit between Ripple and the SEC, Ripple “It is expected that SEC (Gensler) will receive significant attention as a new type of memecoin, as it is expected to have a significant impact on the cryptocurrency market and Ripple ecosystem depending on the results of ETF approval.”

In addition, “Investment requires caution, and it is desirable to consider market uncertainty and large volatility,” he said. “Please remember that SEC (Gensler) is a meme coin that utilizes memetic elements, so it is used only for entertainment purposes, not for investment.” “It shouldn’t be done,” he added.

Meanwhile, the maximum supply of SEC (Gensler) meme coins is 420,690,000,000,000, of which 90% will be distributed to the community and marketing, and the remaining 10% will be distributed to ecosystem development such as development and listing.