RSR's recent market movement is quite interesting. In terms of gains, RSR has already increased by 13.62% recently, and market sentiment has also picked up—89% of community votes are bullish. This level of consensus indeed reflects that many are chasing this wave of hype.



From a fundamental perspective, there is a key move from the official side: a proposal to burn approximately 300 billion RSR tokens. What does this mean? The circulating supply will be compressed, effectively creating a sinking mechanism for the price. The RWA (Real World Asset) sector has also been accelerating lately. As a representative of asset-backed models, RSR has significant potential in institutional rails and cross-chain settlement.

If you want to participate in this wave, some suggest going long on the RSR/USDT contract. Around 0.0027 is a relatively low entry point to consider, with a target of 0.0030 and a stop-loss set at 0.0025 to prevent getting caught in a trap. However, be cautious of the FOMO trap caused by rapid rebounds, as chasing high in the crypto market can sometimes be costly.
RSR-2,7%
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MEVSandwichvip
· 21h ago
I'm not convinced about the 89% bullishness on this thing. Such high consistency is actually a dangerous signal. If retail investors unite, it means they're about to take the fall.
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OnchainHolmesvip
· 21h ago
89% bullish? This level of consensus is a bit scary. When has the crypto community ever been this united... Burning 30 billion tokens sounds great, but it depends on whether the market will buy into it later.
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HodlKumamonvip
· 21h ago
89% bullish, we need to be cautious. The higher the consistency, the more it tends to be a signal of the eve of a top exit, meow. 300 billion tokens burned indeed provided support, but what if it's all burned? The bear thinks we still need to watch the real implementation of RWA; we can't just rely on expectations. 0.0027 entry, look at 0.0030? About 1000+ basis points, the risk-reward ratio is still decent. Just worried that the rebound might be too fast and cut people off.
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GasFeeTherapistvip
· 21h ago
Burning coins is really a brilliant move; reducing supply naturally pushes the price upward. However, I'm a bit worried about the 89% bullish sentiment—such consensus is often the most dangerous signal.
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