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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Looking at Figure 2 again, in the past three months, the ones that can be recognized are cfx, eth, uni, bch, trx, aave, link, bnb, and xrp. These are all public chain concepts. After all, this wave of eth is about speculating on American assets on the chain, so this prominent domestic package cfx should logically To da moon. The purchasing power of my brothers is strong, and we'll talk about this later. The others that can't compete with eth are mostly American projects, lacking a narrative concept, and there's not much to say about that.
Whether the later altcoins can To da moon depends on whether there are some hidden narrative concepts, or if domestic heavyweights are calling shots online, resisting the lighthouse.
At this stage, can we gamble on the altcoins to rise based on emotions? Yes, but we need to be cautious. There is no narrative concept anymore, and no one is picking up the assets....