I have Shared $10 worth of red packet claim it. # red packe | Mr Trader 786 в Binance Square

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I have Shared $10 worth of red packet claim it. # red packet #binance

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$XRP XRP faces significant downward pressure, dropping nearly 6% within 24 hours as a $1.02 billion token unlock raises concerns about supply constraints. As on-chain activity declines sharply, with an 87% drop in active addresses since March, user engagement appears to be fading. According to data from COINOTAG, bearish technical indicators suggest XRP could struggle to maintain its footing above critical support levels. XRP’s recent token unlock raises supply concerns amid declining network activity, suggesting potential challenges for the cryptocurrency’s stability. Ripple Wallet Activity Sparks Fears of Oversupply Recent on-chain data reveals that Ripple has unlocked 500 million XRP, valued at approximately $1.02 billion, from its escrow account. This substantial movement of tokens has ignited concerns regarding possible oversupply in the market. The tokens were transitioned from the “Ripple (27)” escrow address to two operational wallets, namely “Ripple (12)” and “Ripple (13).” This indicates a potential preparation for distribution or even sale, raising alarms about increased market liquidity. Analysts point out that if Ripple opts to sell a portion of these tokens, it could lead to short-term selling pressure, further impacting XRP’s market price.

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#xrp Tuesday, Grayscale filed an application with the SEC to transform its Digital Large Cap Fund, which has been investing in tokens like XRP, Bitcoin (BTC), and Ethereum (ETH), into a publicly accessible investment vehicle for all retail investors. This fund was launched 7 years ago but only accredited investors – e.g. wealthy individuals and institutions – were able to access it. Today we filed a registration statement on Form S-3 to register shares of Grayscale Digital Large Cap Fund (ticker: $GDLC ) under the Securities Act of 1933. This is another important step toward uplisting GDLC as an ETP. GDLC holds the top 5 crypto assets by market cap, #bitcoin … pic.twitter.com/55Zj9moRb6 — Grayscale (@Grayscale) April 1, 2025 As of April 2, 2025, the fund held $600 million in assets while charging a 2.5% management fee. XRP currently represents 5.8% of the fund’s portfolio, alongside other altcoins such as Solana (SOL) and Cardano (ADA). Should the SEC approve the S-3 filing , this vehicle would transform into an exchange-traded fund (ETF), meaning that its shares will be listed in a public exchange so anyone can buy them. The launch of an ETF like this would generate additional demand for XRP. Although, in this case, it would be less than a pure XRP vehicle, it will still contribute to increasing institutional and retail buying for the token in the near term. While this potential ETF development could benefit XRP long-term, the token has faced recent market challenges. $XRP

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$ADA Cardano Blockchain: Top Meme Token $SNEK Leaves Cardano for Base Despite these positive developments, Cardano faces a setback as $SNEK , one of its top meme tokens, has announced its migration to the Base blockchain. The project cited Base's superior decentralization and technological advantages as key reasons for the move. This shift could negatively impact Cardano’s ecosystem in the short term, highlighting the need for the network to enhance its competitiveness. If Cardano wants to retain projects and attract new ones, it must continue innovating and addressing concerns related to scalability, decentralization, and ecosystem growth. Cardano Price Prediction: What’s Next for ADA? Given the current market conditions and upcoming upgrades, ADA could be poised for a strong recovery . If bullish momentum returns, here are potential price targets for Cardano: $0.75 – A key resistance level that could be tested first. $0.82 – A breakout above $0.75 could drive ADA towards this mark. $0.88 – If momentum continues, ADA may push toward this psychological level.

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$XRP WILL XRP RISE TO $3? The Moving Average Convergence Divergence (MACD) displays a constant rise in the 1H time frame. Moreover, its EMA 14 & 26-days experience a similar price trend, suggesting an increase in the buying pressure for the 2nd largest altcoin in the shorter time frame. While the 50-day EMA acts as an important resistance trend level to the XRP coin price chart, the EMA 200-day is on the verge of displaying a positive crossover. This highlights a significant rise in the price action. How High Will XRP Price Rise? If the price of XRP token breaks out of its important resistance zone, this could result in it heading toward its immediate price target of $2.33. A positive output from the Trump Tariff announcement could set the stage for this altcoin to head toward its higher price range of $2.50. Conversely, a strong bearish rejection around the $2.15 range could pullback the Ripple price toward its crucial support of $2 within a short period. Furthermore, if the bearish sentiment intensifies, this could result in its plunging toward its lower grounds of $1.75 this month.

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$SHIB The price of SHIB has fallen by 3.58% over the last 24 hours. On the hourly chart, the rate of SHIB is looking bearish. If the daily bar closes around or below the support of $0.00001213, the decline is likely to continue to the $0.000012 mark shortly.

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