Why is $XRP the most worthy quality counterfeit to ambush? 💥
As a cryptocurrency project that has lasted 11 years, XRP's longstanding status is undoubtedly evident, making it a priority choice for ETF applications and reserves.
Recent reasons for XRP's strength:
①: Recently, the application for the ETF was approved, and the market has also anticipated the approval of the ETF in advance.
②: On May 30, a '300M XRP Treasury Plan' was submitted to the SEC, aiming to raise another $300 million through non-equity instruments to establish the Ripple treasury. This newly added $100 million financing credit will be used in three major directions:
Expanding the XRP Treasury for cross-border payment settlements, establishing a blockchain loyalty program, enhancing user engagement through tokenized points, and promoting the internationalization of Wetour's high-end chauffeur and tourism services.
③: After the SEC lawsuit was resolved, it also gained support from BlackRock and is now included in strategic reserves.
This is also the reason why Yao Ge is optimistic about it. Fans who haven't entered the market yet can wait for a slight pullback to build positions in batches. I will notify fans of specific entry points and take-profit/take-loss levels as soon as possible!