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Biggest update of the month for $XRP ! The XRP Apex event is happening now and here are the 2 main updates of the first day. The XRPL (XRPLedger) is expanding day by day and one of its record is that they are one of the most robust layer-1 blockchain with more than 5 million ACTIVE wallet on the XRP chain. The first update is the reveal of the XRP stablecoin which will be named RLUSD ( in the intent of saying RLUSD like “real”-USD) The second one is finally integrating interoperability between XRPL and the EVM ( Ethereum Virtual Machine), the bridging is going to be provided by Axelar. Is an interoperability good or bad ? It’s good for a greater adoption because usually a majority of projects are built on the EVM and it includes the successful ones so the XRP ecosystem is going to have a better exposure with this connection. It’s also, without going into the technical side of it, a positive update for the potential yield ! Join the Mo_prad circle to have all the insights you need in the crypto sphere🚨🚀 #Binance #DeFi #Metaverse #Web3 #DEX

Biggest update of the month for $XRP !

The XRP Apex event is happening now and here are the 2 main updates of the first day.

The XRPL (XRPLedger) is expanding day by day and one of its record is that they are one of the most robust layer-1 blockchain with more than 5 million ACTIVE wallet on the XRP chain.

The first update is the reveal of the XRP stablecoin which will be named RLUSD ( in the intent of saying RLUSD like “real”-USD)

The second one is finally integrating interoperability between XRPL and the EVM ( Ethereum Virtual Machine), the bridging is going to be provided by Axelar. Is an interoperability good or bad ? It’s good for a greater adoption because usually a majority of projects are built on the EVM and it includes the successful ones so the XRP ecosystem is going to have a better exposure with this connection. It’s also, without going into the technical side of it, a positive update for the potential yield !

Join the Mo_prad circle to have all the insights you need in the crypto sphere🚨🚀

#Binance #DeFi #Metaverse #Web3 #DEX

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Which Crypto ETF is Next ? Is the approval of the ethereum ETF is a pave the way for all the other crypto currencies to be approuved ? Here is the top 5 ranking of crypto that have generated the most interest for the next potential ETF : (1-2/5) $SOL and $XRP ? The standard Charted Bank says « Solana and XRP ETFs could launch in 2025 » So if they said maybe 2025 it could be way earlier in the context of a more tolerant SEC now that they have gone through the BTC and Ethereum ETFs files. And also all the standard media ( CNBC, Bloomberg…) start to really put into the conversation, aside from Bitcoin and Ether, Solana and XRP. A corporate media support is probably one of the strongest indicator of a valid narrative. (3/5) $RNDR ? The only crypto partnered with the 4 largest companies in the world ( Apple, Alphabet, Nvidia, Microsoft) The major crypto exchange in Hong Kong Hash Key have interesting data to show : the top 3 crypto traded is Render followed by avalanche. Which means that the interest is really growing for this projet as well as the use cases of it. Nonetheless beside the Near Protocol Render is leading the AI category by far ! (4-5/5) Chainlink or Avalanche for the top 4 and 5 of legit ETF They go along with the Real World Asset (RWA) category. It seems that now because of a more convenient climate around regulation for crypto the RWAs are more and more a cluster of interest. For the next post I will probably go into tokenized assets and RWAs, drop a follow to see it ! ✅🚀
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Bitcoin prediction price ! 🚀 The pump is coming from the CPI (consumer price index) data released by the government and there is really good news coming. What is CPI and how can we determine if the data show a good or bad news for the markets. First, CPI is working in a YTD schedule and with a month of delay. So for example the data releases from may 15 are about the month of April 2024 and the data of the month of April from 2023 are replaced by it. It’s always working on a percentage of augmentation of inflation so of the CPI. The percentage for April 2023 was 0.4% and the percentage obtained for April 2024 is 0.3%. It’s not linear some other month had 0.2 or 0.6, it depends. Second, the prediction by the major analysts was a reduction from 3.5% inflation overall to 3.4% overall. And you guessed it right, it gone to exactly 3.4%. So the math are a little more complex than just an average of number and addition between numbers. But it is really a good news because we at least see NO increase of inflation so we can potentially see a decrease. Why a decrease of inflation is even better than it sounds ? Because the fed is up to cut interest rates if we see inflation go down to 3% That means a pump for any asset class basically. Price prediction of Bitcoin : Only because may is the best month for markets in general and we seen that, time and time again, we should see bitcoin rise around the 67 000$ a $BTC . Now combine with the hype of maybe seeing a rate cut late summer by the Fed because of the CPI data that is probably going to be favourable for a consideration of a cut, for the month of may, I assume a 70 000$ for beginning of June end of may a totally possible scenario. The end price bracket for Bitcoin based on my current analysis sit between a 65 000 $ in the worst case and 71 500 $ for BTC in the best case for the end of May. #Binance #Bitcoin #DeFi #Web3
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