Reppo Foundation Secures $20M Strategic Commitment from Bolts Capital, REPPO Surges 40% in 24 Hours

Gate News message, April 24 — Reppo Foundation received a $20 million strategic funding commitment from Bolts Capital, according to monitoring data. The foundation’s native token REPPO surged overnight and this morning, with market capitalization briefly exceeding $20 million before retreating. The token is currently trading at a $18.5 million market cap, up 40% over the past 24 hours with approximately $1.1 million in trading volume.

The price surge was driven by the funding announcement combined with REPPO’s listing on a major exchange. BlockBeats cautioned users that Meme tokens experience extreme volatility and are largely dependent on market sentiment and hype, with no underlying utility or real value, urging investors to exercise caution.

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