Ripple (XRP) shared several key updates in its Q2 2024 report.
Ripple is preparing for its stablecoin launch as it announces $10 million investment in tokenized US Treasury bills. Ripple ’s bullish updates have failed to catalyze gains in XRP amidst the market-wide crypto correction. XRP hovers around key support at $0.50 as traders await Bitcoin recovery and SEC lawsuit ruling. Ripple shared several key updates in its Q2 2024 report.
XRP/USDT daily chart A daily candlestick close under $0.45 support could invalidate the bullish thesis and signal further correction in the altcoin. Cryptocurrency metrics FAQs What is circulating supply? The developer or creator of each cryptocurrency decides on the total number of tokens that can be minted or issued. Only a certain number of these assets can be minted by mining, staking or other mechanisms. This is defined by the algorithm of the underlying blockchain technology.
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