Is XRP’s $1 Dream on Hold?
#XRP has garnered attention in the crypto market due to Ripple Labs' legal victory against the
#SEC .
However, its initial surge has been short-lived, disappointing investors hoping for a sustained uptrend. With negative short-term sentiment and the possibility of tapping the 50-day EMA, reaching $1 seems unlikely.
As a result, investors are looking at high-risk altcoins, including
#XRP20 . XRP20, not directly connected to XRP, aims to reignite enthusiasm by offering improved accessibility and a novel staking protocol.
Its presale price is 30 times cheaper than XRP's all-time low, with a capped token supply, staking rewards, and a deflationary token-burning mechanism.
Investors may see it as an opportunity for exposure to a second version of XRP at a lower price point.
#Binance #crypto2023