RLUSD (Ripple Liquidity USD), is a concept tied to the broader Ripple ecosystem. The approval of RLUSD focus on leveraging Ripple's XRPL (XRP Ledger) for stability, liquidity, & efficiency in digital asset transactions. Here's how RLUSD will work: 1. Stable Value Backed by Reserves RLUSD would be pegged to the US Dollar at a 1:1 ratio, ensuring stability in value. This would typically involve holding dollar reserves or equivalent assets, much like existing stablecoins (e.g., USDC or USDT).
If you think $BTC has gotten to the peak for this cycle and you need to take profit then you need to read this:
Bitcoin historically follows a pattern of significant upward momentum after breaking its previous all-time highs (ATH). Here's an analysis based on past performance:
1. 2013 Cycle:
ATH Break: April 2013 (~$266).
Post-ATH Uptrend: Lasted approximately 7 months, peaking in November 2013 (~$1,242).
2. 2017 Cycle:
ATH Break: March 2017 (~$1,200).
Post-ATH Uptrend: Lasted approximately 9 months, peaking in December 2017 (~$19,600).
3. 2020-2021 Cycle:
ATH Break: December 2020 (~$20,000).
Post-ATH Uptrend: Lasted approximately 5 months, peaking in April 2021 ($69,000).
Average Duration of Uptrend After ATH Break
(7 months + 9 months + 5 months) ÷ 3 = ~7 months.
On average, Bitcoin's uptrend lasts about 7 months after breaking its previous ATH, though market conditions and external factors can influence this timeline.
$BTC may consolidate from around $87k, so get ready!
LIVE
Wealth_Ways
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My bullflag on $BTC still stays except we trade below $65k and sustain it!
This zone is highly sensitive, as it's the all time high zone, to which once broken, price is not moving down again. The price is therefore expected to toil a little around here.
This might also be the last accumulation zone before the full bullrun.
The current alto prices are gifts to a liquid pocket. $ETH the alto king will make it's move soon the alto will follow.
How to buy Meme tokens on the $TRX network like Sundog, Make other memecoins, you
How to buy Meme tokens on the $TRX network like Sundog, or other memecoins, you can follow these general steps:
1. Set Up a TRON-Compatible Wallet You’ll need a wallet that supports TRON and TRC-20 tokens, like: TronLink: One of the most popular TRON wallets, available mobile app store, download it from playstore. (I recommend this) Trust Wallet: It also supports TRON and many other blockchains. After setting up, make sure you save your private key and recovery phrase securely.
My bullflag on $BTC still stays except we trade below $65k and sustain it!
This zone is highly sensitive, as it's the all time high zone, to which once broken, price is not moving down again. The price is therefore expected to toil a little around here.
This might also be the last accumulation zone before the full bullrun.
The current alto prices are gifts to a liquid pocket. $ETH the alto king will make it's move soon the alto will follow.
LIVE
Wealth_Ways
--
$BTC Price update:
Bitcoin successfully traded above my descending resistance.
This signifies that all time high is imminent!
The month closes in 3 days time, if we create new ATH now, November will be massive.
Low prices and market caps are not enough prerequisites to use to hop on a project. There are other factors.
The bullrun may also be at hand, but no one can really say when we will get to full blown bullrun. Between now and then, anything can still happen.
We can only forecast, we can't ascertain.
- This is a call to admonish you that you need to learn to diversify when building your portfolio. I'm sure there will be some people holding only Ooki.
- You need to make solid projects lead in your portfolio. The gains might not be huge in the long run but security will be more.
- Divesting into 10 projects at least is Imperative. (this is a function of your capital though)
By solid projects I mean projects that are promising, almost too huge to fail & always bullish during dumps in market. E.G Solana.
Lastly, occurrences like this should not be enough to deter you.
If you have waited since 2021, you can wait more. The gains ahead are huge.
UNDERSTANDING THE BULLRUN AND HOW TO BENEFIT FROM IT'S WEALTH TRANSFER.
For those who haven't witnessed the bullrun before, Im sure you will find all that are being said here strange.You may have been brought by airdrops but listen, there is a time in the market where the real wealth are made and that's when the prices just goes up in a way you can't just explain (that's the bull market).There is a season where no matter how optimistic you are about the market, the price will continue to dump (when people are taking profits, that's the bear market).Understanding how to use both to your advantage is where your wealth comes.But the truth is, many don't really listen or understand till they start seeing people that have planned well now get rich through crypto around them.This people then start buying the top of the market, and people that bought low would have been in profits, then when they start to take profits, prices begin to crash, then late comers starts wailing.Don't be a late comer, plan yours self well now.