#MEME coin is market. | SoNu Mahar on Binance Square

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#MEME coin is market.

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MEME

0.001586

-9.16%

XRP

2.1737

-6.07%

531

0

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While ChatGPT did mention some ongoing concerns, like centralization and legal risks in certain countries, it felt that XRP had a stronger foundation for long-term growth. In the end, ChatGPT recommended a 70/30 split—$7,000 into XRP and $3,000 into SHIB. That way, investors could lean on XRP’s steady progress while still giving SHIB a chance to shine if it delivers on its big ideasHowever, ChatGPT highlighted that there are concerns. According to the chatbot, these concerns are mainly the massive supply, its meme coin background, and the fact that its price is easily affected by large holders moving their tokens. On the other hand, ChatGPT pointed to XRP as a more stable pick with real-world use. It highlighted XRP’s utility in cross-border payments, the support it has from banks and institutions, and its progress in clearing up regulatory uncertainty.

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Bitcoin Drops Below $109K After Trump Threatens 50% Tariff on EU GoodsThe new EU tariffs, if implemented, will take effect on June 1. Trump also threatened to slap a 25% import tax on Apple iPhones that are not manufactured domestically. Apple stock tumbled 2.53% on the news. “The European Union, which was formed for the primary purpose of taking advantage of the United States on trade, has been very difficult to deal with,” Trump wrote in a post on Truth Social. “Therefore, I am recommending a straight 50% tariff on the European Union, starting on June 1, 2025.”Overview of Market Metrics Despite Trump’s antics and the subsequent retreat bitcoin experienced, the cryptocurrency is still trading at a respectable $108,574.13, which is close to its previous all-time highs. The price reflects a 2.64% decline on the day, but it remains up 4.35% over the past week. During the past 24 hours, BTC fluctuated between $107,385.27 and it’s new all-time high of $111,970.17, recorded on Thursday afternoon, according to data from Coinmarketcap.

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A pullback tells you that the overall market trend has temporarily paused. This could be down to several factors, including a momentary loss of trader confidence after certain economic announcements. As a result, pullbacks are often seen as an opportunity to buy an asset that is in an overall uptrend

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Latest News

SEC Delays Approval of Franklin XRP and Solana Spot ETFs

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Bitcoin(BTC) Drops Below 104,000 USDT with a 3.41% Decrease in 24 Hours

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