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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
The total market capitalization of BD20 coin is only over 30,000 US dollars, with a circulating market value of only over 10,000 US dollars. The total issuance is 1 billion BD20 coins, and the circulating supply is 200 million BD20 coins. There is no additional issuance mechanism, and it is listed on two exchanges. If you are the project party or an investment company, would you sell at this low price now? Or would you pump it before selling? With such a low market capitalization and coin price, the potential is huge. Not to mention 100 times, it can definitely reach about 10 times. The project party or investment company wants to earn more, so they will definitely pump it before selling, and at that time, it will all be profit. Think about it, isn't this the reasoning?