I'm wondering where are the people who kept on hyping the #Velodrome and other new listed tokens.
To all newbies out there. Never buy a new listed token on its first week and mostly on its first day. You'll end up burning your money asap.
Normally, you're going to see like hundred to even thousad percent of its value and then just give it a couple of hours. It will go down very fast, and that's how you end up losing. 😅
FYI , I'm not a financial advisor. I'm just sharing my opinion about new listed tokens. 😊
Ripple has announced a significant milestone as its USD-backed stablecoin, RLUSD, officially received approval from the New York State Department of Financial Services (NYDFS). Brad Garlinghouse, Ripple's CEO, shared the update on X (formerly Twitter), emphasizing that listings on exchanges and partnerships for RLUSD will go live shortly. This stablecoin, launched in collaboration with exchanges such as Bitstamp, Uphold, and Bitso, is expected to revolutionize cross-border payments and liquidity solutions.
A Boost for XRP Prices
Following the news of the NYDFS approval, Ripple’s native cryptocurrency, XRP, experienced a surge in investor confidence. Over the last 24 hours, XRP climbed by 22%, recovering from a low of $1.8 and currently trading above $2.4. This represents an 8% gain during the same period. The announcement has breathed new life into XRP, despite its recent monthly volatility, where it shed 9% of its value in the past week.
What Is RLUSD?
Introduced in October, RLUSD is Ripple’s stablecoin, developed in partnership with prominent exchanges and financial institutions. The stablecoin is designed to enable seamless cross-border transactions, acting as a reliable tool for global financial transfers. Unlike traditional cryptocurrencies prone to price swings, stablecoins like RLUSD are tied to real-world assets, ensuring consistent value.
Ripple envisions RLUSD as a bridge between fiat currencies and digital assets, facilitating conversions with ease for businesses and individuals. Its utility extends to supporting international trade, enhancing liquidity in markets, and serving as collateral for physical assets like commodities and securities.
Who is on the right mind to buy a coin that just got ATH? 😅😂
MinTun27
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This one is for xrp holders . XRP is now holding at it's key level .if it breaks we'll see a deeper correction - 1.9~1.5 People are buying BTC right now . After BTC correction and if BTC sits around 100k . other coins will pump back including xrp .
Fall where? Most of the top Alt coins still on its peak. It's not difficult to check the charts though. 😅
Chandrahasa
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I already told that if $BTC nears $100k, all other altcoins will fall as money rotates into Bitcoin. Just weeks ago, people were saying $BTC is dead and $XRP would replace it. Bitcoin is the father of all cryptos and will remain so forever. Never compare any crypto to Bitcoin. #BTC100K! #CryptoHistoricMoment #Share1BNBDaily #XRPTrends
Bruno Mars is on fire! 🔥 In the past 30 days, he climbed 4 spots to #3 on @Spotify, gained 1.7M new followers, and hit 1.3B streams (+17.91%). His TikTok is blowing up too, with a 76% increase in followers (1.8M now)! 🚀 See more data: https://t.co/Yc8LrOFPHl #BrunoMars #Spotify #TikTok
If there's one Cryptocurrency that I'm not afraid to go dip. I'm proud to say that's Solana! 🔥
This is totally a personal opinion. People can say whatever they want. I even saw earlier that some User call it as a dead token. C'mon, not at all obviously.
I think greed is what leads most people to lose what they invest in. With a non-stop unknown source of how to be rich, made-up stories all over the social media.
I can see a lot of posts asking how I can make my 10, 50 and $100 to $1000 or more. In all honesty, it's outrageous. I think what people should learn is patience, proper strategy and how to be contented your gains and control of greed.
Sometimes, when we already earn 10, 20 or 30%, we still feel the urge to earn more instead of starting to save, reinvesting or whatever we want to do.
Greed has never been good for anyone. Whether we are in this industry or others.
I'm not a financial advisor. I'm just sharing some thoughts.
Some believe $XRP could skyrocket to $50 or even $200 in the future. However, achieving such milestones would require immense growth in the cryptocurrency market.
For instance, to surpass Ethereum's ($ETH ) and Solana ($SOL ) current market valuation of $500 billion, XRP would need to trade at approximately $10 per token. Reaching $50 would push XRP's market cap to an unimaginable $3.5 trillion, a figure that's currently beyond the total global cryptocurrency market value, which is estimated at $2.8 trillion.
This highlights the challenges in such lofty predictions. While XRP holds potential, it’s crucial to remain realistic. Personally, my conservative target for XRP is in the range of $6 to $7, reflecting a more achievable outlook. Always approach investments with caution and a clear strategy to manage risks effectively.
Sharing some funny experiences. Sometimes, don't you feel that when you're holding your favorite token? Playing around will drive you crazy.
It will go down... down... down... until it feels like someone is whispering to you to just let it go before you lose really, really hard. When you finally decide to sell it or just trade it, It will suddenly pump twice, thrice or even freaking 10x to 20x.
What would you feel? Regret, isn't it?
Personally, patience is a virtue. Calm down.
Another weird experience. When you thought you had already gained so much, then after selling or trading, suddenly it pumps harder. 😅
Those experiences will totally drive you crazy. It felt like someone was playing around how you act.