$XRP

Potential Acquisition of Circle by Ripple Sparks Strategic Speculation

AI Summary

According to The Daily, Kyu Yong Jo, founder and CEO of CryptoQuant, shared insights on XRP's recent market performance on platform X. He noted that XRP emits a sense of expertise similar to professionals in the capital markets, despite its flaws, and that its recent trends have been notably sharp. Rumors suggest that Ripple may acquire Circle, although the veracity of these claims remains unconfirmed. If true, such a move would be of strategic significance. With many investors eager to bet on the future of stablecoins, those anticipating Circle's eventual public offering may choose to buy XRP. Kyu Yong Jo clarified that he does not personally own any XRP.