XRP has been hailed as one of the best crypto currencies in today’s crypto market. Ripple made headlines again after the announcement of Grayscale was launching its XRP trust. Ripple has gained a lot of momentum and popularity as a result.
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Grayscale XRP Trust Fund and Ripple’s CEO
Grayscale is the financial Recently, giant has launched its own XRP Fund. The fund is expected to offer direct access for investors to XRP. This could pave the way for a future XRP ETF. The new development has helped XRP to reach record highs. In the past 24 hours, the token has risen 6% and is trading at $0.57.
Brad Garlinghouse also responded to Grayscale’s latest development. He posted to X his excitement, stating that he felt pleasantly surprise when he learned of the new trust fund.
Later, the Ripple CEO said that the growth of XRP at this level is a remarkable achievement. “inevitable” XRP’s future will be marked by new achievements.
“Was (pleasantly) surprised to see this news… though inevitable, as well?! As I’ve said before, with XRP having regulatory clarity in the US and other countries, I expect it’s only a matter of time for this space to grow.”
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What Tokens’ Price Will Be This Weekend?
As per CoinCodexRipple might reach new highs this weekend. According to the platform, Ripple could increase by up to 7% and reach $0.60 per token on 15 September 2024.
The CC also predicts a 19% surge in XRP to reach the price of $0.67 by September 2024.
“According to our current XRP price prediction, the price of XRP is predicted to rise by 19.98% and reach $0.674835 by October 13, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 32 (fear). XRP recorded 15/30 (50%) green days with 4.31% price volatility over the last 30 days. Based on the XRP forecast, it’s now a good time to buy XRP.”
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Source: watcher.guru