🚨 COLLAPSE AFTER BOMBING! 📉 TRIDENT SHARES PLUNGE 30% AFTER ANNOUNCING MASSIVE PURCHASES OF $XRP "THE SAYLOR WAY"! 🤯💸

📢 The Singaporean technology company, Trident Digital Tech Holdings, has caused a 30% crash in its shares after announcing a plan to acquire up to $500 million in XRP, inspired by Michael Saylor's strategy with Bitcoin! 📉 This ambitious move, aimed at positioning the company within the DeFi ecosystem, seeks to maintain #xrp as "strategic long-term reserves" and implement staking mechanisms to generate returns.

Trident plans to finance this initiative through the issuance of shares, strategic placements, and structured finance instruments, aiming to secure favorable conditions and solid on-chain infrastructure. However, the market reaction has been brutal, with a sharp decline in the price of its shares in the last 24 hours, despite a recent rebound in early June. This case is not isolated; other companies like Webus International ($300M for XRP) and VivoPower ($121M) have also announced similar plans to accumulate XRP. Interestingly, the mention of "staking" in XRP raises questions, as the cryptocurrency is not based on Proof-of-Stake.

🤔 Do you think this negative market reaction is a sign of skepticism about the feasibility of a large-scale XRP accumulation strategy?

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