Logic of long-term project recommendation
Investors, please pay attention to the XRP project, which has the potential to explode at any time in the second half of the year. The XRP project plans to develop a stablecoin protocol, pegged to the US dollar, and anchored by combining real assets with bank collateral, which reminds us that XRP may be involved in the RWA (risk-weighted asset) field.
At present, from a technical analysis, XRP continues to consolidate at the bottom of the weekly level, showing potential signs of a breakthrough. However, it should be emphasized that despite the possible breakthrough in the technical aspect, the substantial good news for XRP has not yet arrived. If XRP officially announces its RWA token economics model in the third or fourth quarter of this year, then we have reason to believe that this will greatly boost XRP's trading volume and may double its price or even higher.
In addition, XRP's chip concentration is extremely high, and the top ten addresses hold most of the chips. This high concentration means low pull costs and high user stickiness, providing investors with good expectations for ambush and speculation.
In short, the XRP project provides investors with long-term holding value due to its potential technological breakthroughs, stablecoin protocol plans pegged to the US dollar, and high chip concentration. Investors are requested to continue to pay attention to the progress of the project and make investment decisions based on their own risk tolerance.
Click on the avatar, follow me, face my fans, my bull market strategy layout, free sharing, and be a free blogger, just to increase fans. If you come to me, I can take you ashore, and I will not let my fans miss out in this bull market! Just lie down!