🚨BREAKING: $XRP CTO WARNS OF RLUSD LAUNCH VOLATILITY – DON’T FOMO🚨💵

💥 Ripple CTO David “JoelKatz” Schwartz cautions that RLUSD, Ripple’s new stablecoin, could see short-term price spikes at launch due to supply shortages.

🔑 Key Insights from Schwartz:

1️⃣ Early Days: “There’s someone willing to pay $1,200 for a tiny fraction of RLUSD… maybe for the ‘honor’ of buying the first bit on the DEX.”

2️⃣ Stabilization Coming: Price will “return close to $1 as soon as supply stabilizes.” If not, “something is very seriously wrong.”

3️⃣ Not a Get-Rich-Quick Scheme: Schwartz warns against FOMO, emphasizing RLUSD’s purpose as a stablecoin.

🚨 What to Expect:

While early demand could create wild price swings, arbitrage opportunities are expected to quickly stabilize the market.

🌐 Is RLUSD’s launch volatility an opportunity or a risk? Stay sharp and don’t get caught chasing spikes.