XRP presyoXRP

So here’s the latest drama in the crypto world! After *Trump's executive order*, a major whale 🐋 is *rushing* to close their *XRP short position*. They’re not just sitting back – they’ve *added 8 million USDC* in margin 💰 to avoid getting *liquidated*! But here's the catch – despite the whale’s efforts, their *20x leveraged short position* onXRP is still *deep in the red*, with a loss of *over $4.6 million*! 😱 What’s Happening Here? 🤔 - *Trump’s Executive Order*: This move has had some serious implications on the market, especially for *$XRP *. Whales are scrambling to react as *XRP* shows signs of volatility in response to regulatory updates. - *Short Positions*: This whale was betting on the price of XRP to drop. But with recent developments, *XRP is making a comeback*, and they’re trying to save their position before it gets worse. - *Leverage Risk*: Trading on *20x leverage* amplifies both gains and losses. This whale’s situation shows just how risky leveraged trading can be, especially when the market goes against you. 🥶 What Can We Learn from This? 💡 1. *Leverage Can Be Dangerous*: Even the big players can get burned when using high leverage. Always consider the risks before entering with high multipliers. 2. *Market Reactions Matter*: Regulatory news like Trump’s executive order can cause *massive price swings*, and whales need to stay nimble to protect their positions. 3. *Manage Your Margin*: The whale added extra margin to avoid liquidation, but the *losses are still mounting*. It’s crucial to keep an eye on your positions when you're trading with high leverage. Stay cautious out there, traders! This whale’s battle to avoid liquidation is a reminder that even the big players can face huge risks in volatile markets. 🚨📉

President #Trump announced the creation of a U.S. strategic crypto reserve, including Bitcoin ($BTC), Ethereum ($ETH), Ripple ($XRP), Solana ($SOL), and Cardano ($ADA). 🇺🇸 📊

As March started, the crypto sector witnessed steady growth. As per Zendon’s data, diverse well-known crypto assets have seen mixed sentiment, while the overall crypto market cap has reached $2.97T after a 0.17% increase. Additionally, the spot volume has experienced a 7.85% dip over the past 24 hours. 📈 Market Overview While $BTC keeps above $85K, some dinocoins are gaining momentum, with $XLM (+9%), $MKR (+6%), and $ALGO (+5%), while others struggle, extending their decline. The market awaits the new week to set its course. Meanwhile, it’s a perfect day to enjoy the beginning… In line with the market data, Bitcoin ($BTC) has recorded slight growth both in its price and market dominance. However, Ethereum’s price and market dominance show a decline. Zendon has shared this report through his official X account. Bitcoin’s Market Dominance Increases to 57.28% while Price Reaches $85,857 Zendon’s latest crypto market overview discloses a 0.02% spike in Bitcoin’s market dominance. This rise has placed the respective figure at 57.28%. In addition to this, the price of Bitcoin has seen a 0.19% jump to attain the $85,857 mark over the last 24 hours. On the other hand, Ethereum’s market dominance has reached 9.04 following a 1.30% decrease. Apart from that, its price currently stands at $2,228 after a 1.14% plunge. $XRP, $BNB, and $ADA Maintain Growth Whereas $SOL, $TRX Record Decline Concurrently, the popular crypto assets like $XRP, $BNB, $SOL, $ADA, and $TRX have observed mixed market performance. $XRP has gained a notable upsurge of 3.55%, reaching $2.27 in terms of price. The price of $BNB has surged by 2.41% to touch the $609.26 mark while $SOL has dipped by 1.42% to reach $142.86. Along with that, $ADA’s price has gone through a 1.83% increase whereas $TRX has touched $0.233 after a 0.80% plunge. Moreover, the memecoins $DOGE and $SHIB recorded 0.29% and 2.52% price decreases. $PSTAKE and $KAITO Lead Crypto Gainers with 43.8% and 14.3% Increases The small-cap crypto gainers over the recent 24 hours include $PSTAKE, $DORA, $FORT, AURORA, and GHX. They have experienced 43.8%, 40.7%, 40.5%, 31.6%, and 24.5% price spikes respectively. Simultaneously, large-cap crypto gainers include $KAITO, $XLM, $HBAR, $GRASS, and $MKR. These crypto assets pocketed 14.3%, 9.22%, 8.24%, 7.09%, and 6.45% gains respectively. FanTV, Figure, and Finisterra Labs Attain $8.5M, $200M, and $3.75M in Latest Funding Rounds Zendon’s data also reveals the prominent funding rounds, taking into account FanTV, Figure, and Finisterra Labs. Particularly, FanTV obtained $8.5M while Figure and Finisterra Labs added $200M and $3.75M respectively. Nonetheless, the overall Fear and Greed Index stands at 26, indicating a slight “Fear.” Overall, the crypto market is making gradual growth amid mixed sentiment.

Peter Schiff: I get the rationale for a Bitcoin reserve. I don't agree with it, but I get it. We have a gold reserve. Bitcoin is digital gold, which is better than analog gold. So let's create a Bitcoin reserve too. But what's the rationale for an XRP reserve? Why the hell would we need that?

Most important ones: BTC, ETH, XRP, SOL, ADA, LINK, AAVE Next tier is DOGE LTC, APT, ONDO HBAR etc etc