Jeff
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Some people are creating poor-quality games to call it metaverse, some others are faking 3A games to prove they are better.
3 key components of metaverse - decentralized economics, interoperability of NFTs and composability of gameplays.
I haven't seen any project can deliver.
3 key components of metaverse - decentralized economics, interoperability of NFTs and composability of gameplays.
I haven't seen any project can deliver.
BTC mining hashrate reached all-time-high this week, it means bullish again? Or it means slight price decline could turn into acute and explicit stress? I think there will be a final decline to make everyone depressed in hell.
SexDAO just rug pulled! Under current market situation, more illegit projects will do the same. At least they didn't claim 'hacked' - hacked is another term for 'rug pull' in crypto business.
What happened to Solana ecosystem? Everyone at their event is wearing 'Aptos' t-shirts.
What happened in Token2049 @SG? (1)
- Lots of projects, but not confident about current market
Unlike many people thought about this bear market (we can finally call it, right?), there are actually many projects here.
Most of these projects are old and after TGE, but there are few new ones as well. The old ones just suffered a lot lately and don't seem to have ambition to go up in near future. Most of them are focused on surviving than rising, which is good and bad.
- Main topic is games and metaverse
Many new start-ups are or
Unlike many people thought about this bear market (we can finally call it, right?), there are actually many projects here.
Most of these projects are old and after TGE, but there are few new ones as well. The old ones just suffered a lot lately and don't seem to have ambition to go up in near future. Most of them are focused on surviving than rising, which is good and bad.
- Main topic is games and metaverse
Many new start-ups are or
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xrpetf
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#xrpetf
The XRP ETF landscape is evolving, with the first leveraged XRP ETF recently launching in the U.S., designed to provide double the daily returns of XRP. Additionally, Brazil has introduced the world's first spot XRP ETF, indicating growing interest and regulatory developments in cryptocurrency investment products.
**Recent Developments in XRP ETFs**
- **Launch of the First Spot XRP ETF in Brazil**
- Brazil has debuted the world's first spot XRP ETF, marking a significant milestone in the cryptocurrency investment landscape.
- This development may influence other countries, including the U.S., to consider similar products.
- **U.S. XRP ETF Performance**
- The first XRP ETF in the U.S. has reportedly achieved impressive initial activity, with around $5 million in transactions on its launch day.
- It has outperformed previous launches, indicating strong market interest and demand for XRP-related investment products.
- **Trading Strategy and Risks**
- The U.S. ETF is primarily designed as a short-term trading tool, emphasizing that it is not suitable for long-term investors.
- Investors are cautioned that if the asset does not perform favorably, they may incur losses, particularly if held for extended periods.
- **Future Plans for Inverse XRP ETF**
- Teucrium is considering launching an inverse XRP ETF, which would allow investors to profit from declines in XRP prices.
- The decision to proceed will depend on market demand and investor interest in such products.
$XRP
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