Teucrium CEO Supports XRP, Calling It the "Most Practical" Cryptocurrency!

In an interview with Bloomberg, Teucrium Trading CEO Sal Gilbertie referred to XRP as "the most practical asset in the cryptocurrency space." He stated that the professionalism of the Ripple team and their confidence in XRP are the core reasons for choosing this currency, emphasizing that XRP not only has "real use cases" but also surpasses Bitcoin in its role as a "store of value."

Gilbertie also introduced Teucrium's 2x leveraged XRP ETF—XXRP, which is a leveraged fund designed specifically for day traders, aiming to provide double returns on short-term fluctuations in XRP prices. He warned that although this fund offers investors higher return potential, it also comes with greater risks, making it unsuitable for novice investors.

Additionally, Gilbertie expressed appreciation for the new leadership at the U.S. Securities and Exchange Commission (SEC), believing that the current SEC chairman's stance brings more opportunities to the crypto market. He concluded, "The market and the community are recognizing this timing."

Currently, the price of XRP is $2.24, with a positive market outlook.