jabato
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Ripple's $5 billion acquisition of Circle was rejected, drawing attention to the future trend of XRP.
Ripple's $5 billion acquisition offer for Circle was rejected, as Circle deemed the offer too low. The scale of Circle's USDC stablecoin market is rapidly growing and meets strict regulatory requirements, challenging Ripple's business model. Market analysis suggests that Ripple's move may be aimed at consolidating competition in the market. Recent capital flows into $XRP have increased, with an expected upward price, but it needs to maintain key support levels.
Ripple's $5 billion acquisition offer for Circle was rejected, as Circle deemed the offer too low. The scale of Circle's USDC stablecoin market is rapidly growing and meets strict regulatory requirements, challenging Ripple's business model. Market analysis suggests that Ripple's move may be aimed at consolidating competition in the market. Recent capital flows into $XRP have increased, with an expected upward price, but it needs to maintain key support levels.
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