🚀🚀🚀 Ripple Sideway 1 year cap 30 billion USD, pump up to 80 billion USD in 5 days. Why?
WHY DID RIPPLE INCREASE IN PRICE?
Partnership with Mercy Corps Ventures:
• Ripple and Mercy Corps Ventures launched the Unlocking Opportunity campaign, focusing on financial inclusion for small businesses in emerging markets.
• Using XRP Ledger to promote the application of blockchain.
Development of Ripple USD stablecoin (RLUSD):
• This stablecoin will support savings, payments, remittances, and tokenization of real assets, increasing demand for XRP.
ETP dedicated to XRP:
• European financial company Wisdomtree launched an exchange-traded product (ETP) with a low management fee (0.5%), creating investment opportunities for the global financial market.
THE UNOFFICIAL BUT MORE ENCOURAGING REASON IS:
Gary Gensler had to resign as SEC Chairman - He was the one who caused a lot of difficulties for Ripple from 2020 until now.
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