XRP Rockets On Ripple RLUSD Stablecoin Launch, Is $20 For 1 XRP A Possibility?
Ripple has been making headlines in the cryptocurrency space in recent weeks as it surged to fourth place behind Bitcoin, Ethereum, and USDT. The recent launch of the RLUSD stablecoin has many insiders predicting that Ripple’s cycle targets will reach staggering levels, supported by massive inflows and incredible hype. The bullish factors continue to stack up, making Ripple an attractive option for the remainder of this bull run.
Ripple (XRP) stablecoin launch attracts widespread attention
Ripple’s recent market moves have surprised even the most ardent members of the Ripple army, with Ripple up 427% in the past 6 months. This boosted Ripple price to $2.17 and secured Ripple’s fourth spot on the CoinMarketCap Top 5 Cryptocurrency Index. Currently, only Bitcoin and Ethereum have a greater transaction market capitalization than Ripple, with the latter having a total value of $147.3 billion.
Ripple recently launched the USD-backed RLUSD stablecoin, which is now live on global cryptocurrency exchanges. RLUSD is fully collateralized by USD deposits and will expand Ripple’s offering on other blockchains and DeFi platforms.
This launch will go a long way in restoring institutional investor confidence in the Ripple ecosystem and could see Ripple reach $20 at the top of this bull run. There are also rumors that Ripple will get a dedicated spot ETF fund in the United States, which will further accelerate Ripple’s dominance.
Rollblock (RBLK) brings trust back to online gaming
Anti-roll block (RBLK) The company looks set to dominate its own crypto gaming space with its impressive GambleFi product, which has the potential to disrupt the $450 billion online gaming industry.
Due to the way it secures all transactions using the Ethereum blockchain, it ensures that no manipulation can take place on its platform. RLBK players no longer have to blindly trust the casino to do the right thing. Instead, gamers can verify that everything is completely above board with just a few clicks.
Rollblock has been hitting new highs since its inception this year, but has recently seen a wave of new investors step in to take allocations. The Rollblock presale, currently in Phase 9, offers RBLK tokens at an early discount of just $0.044, providing investors with a once-in-a-lifetime opportunity to get in on the ground floor of this highly promising game-changer in the P2E space. .
RBLK has incredibly bullish token economics and its supply trend will decrease over time due to the revenue sharing mechanism that utilizes the platform’s profits to destroy large amounts of RBLK tokens every week. It also enables community members to earn generous staking benefits for their tokens.
Small-cap Rollblock could outperform large-cap stocks
As Ripple looks set to strengthen its dominance in Web3 payments, Anti-roll block (RBLK) has become a similarly disruptive project, offering an incredible risk-reward ratio during its development stage. Prices may rise to 50 times Rollblock will realize its potential this year.
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